Pune, India, December 2018, MRFR Press Release/- Market Research Future published a half-cooked research report on signature verification market.
Market Highlights
Worldwide Signature Verification Market is expected to grow from USD 0.80 billion in 2017 to USD 7.42 billion by 2030, at a compound annual growth rate (CAGR) of 21.80% during the forecast period.
Signature is a distinguishing feature of a personโs identity which is used for verification purposes at various places such as businesses, financial organizations and governments, to authorize transactions and other essential documents. The market for signature verification is driven by the rising number of security breaches and fraudulent transactions, which leads to a need for highly secure identification and personal verification technologies. However, high error rates and fluctuations in physical & emotional state of the user can lead to errors, which hinder the growth of this market. Growth opportunities include government initiatives to encourage the use of signature verification systems instead of the traditional paper-based verification system so as to improve the operational efficiency and reduce time.
Key players
The prominent players in the signature verification market are Cyber-SIGN(US), Biometric Signature ID (US), iSign Solutions (US), Certify Global (US) and SutiSoft (US).
Other players in the signature verification market are KeCrypt (UK), Ascertia (UK), Odyssey Technologies (India), Hitachi (Japan), WonderNet (Israel), SQN Banking Systems (US), Scriptel (US), Parascript (US), Secured Signing (New Zealand) and DynaSig (USA).
Browse Complete Report @ https://www.marketresearchfuture.com/reports/signature-verification-market-6970
Regional Analysis
The global market for signature verification market is estimated to grow at a significant rate during the forecast period from 2018 to 2023. The geographical analysis of signature verification market is studied for North America, Europe, Asia-Pacific, and the rest of the world.
North American region is leading the signature verification market owing to the increasing demand for signature verification in the healthcare sector and financial organizations located in this region. Countries such as Colombia, Peru, Brazil, Argentina and Chile are giving importance to the adoption of signature verification in the BFSI sector because it is one of the most highly regulated sectors, which requires references and certifications to verify legal validity of signatures.
Europe is growing at a considerable high growth rate due to presence of various small and medium-sized enterprises (SMEs) which include online transactions which may be prone to cyber-attacks. The government and BFSI sectors in countries such as the France, UK, and Italy are investing more in signature verification for additional security against cyber threats that may lead to crtical data loss.
The Asia-Pacific region is also expected to witness a rise in the revenue contribution owing to the ever-increasing demand for advanced authentication solutions in the BFSI and government sector in this region.
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
Contact:
Market Research Future
+1 646 845 9312
Leading companies partner with us for data-driven Insights
Kindly complete the form below to receive a free sample of this Report
Report details
| Base Year | 2018 |
| Companies Covered | 15 |
| Pages | 100 |
Certified Global Research Member
Why Choose Market Research Future?
- Vigorous research methodologies for specific market.
- Knowledge partners across the globe
- Large network of partner consultants.
- Ever-increasing/ Escalating data base with quarterly monitoring of various markets
- Trusted by fortune 500 companies/startups/ universities/organizations
- Large database of 5000+ markets reports.
- Effective and prompt pre- and post-sales support.
Tailored for You
- Dedicated Research on any specifics segment or region.
- Focused Research on specific players in the market.
- Custom Report based only on your requirements.
- Flexibility to add or subtract any chapter in the study.
- Historic data from 2014 and forecasts outlook till 2040.
- Flexibility of providing data/insights in formats (PDF, PPT, Excel).
- Provide cross segmentation in applicable scenario/markets.
