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Signature verification market at a CAGR of 8.67% till 2021 according to new research report

The following companies as the key players in the global signature verification market: Biometric Signature ID, CERTIFY GLOBAL, Cyber-SIGN (Witswell Consulting and Services), and iSign Solutions.

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Other Prominent Vendors in the market are: 01 Systems, Ascertia, DATAVISION IMAGE, DynaSig, entrust (Datacard), Hitachi, KeCrypt, Kofax (Acquired by Lexmark), Odyssey Technologies, Parascript, Scriptel, Secured Signing, SOFTPRO, SutiSoft, SQN Banking Systems, and WonderNet.

The analysts forecast global signature verification market to decline at a CAGR of (8.67%) during the period 2017-2021. One trend in the market is increase in digitization of banking services.

The increased penetration of smartphones and tablets have led to a digital transformation of the banking sector.

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The BFSI sector is seen as one of the prominent users of portable devices for digital payments and cashless financial transactions.”

Report at    www.rnrmarketresearch.com/contacts/?rname=1160564

According to the report, one driver in the market is strong need to reduce identity duplication. The BFSI sector is increasingly focusing on providing the highest level of security to its customers without compromising their convenience.

The payments and card industry (PCI) has been digitally transformed with the changing consumer preferences and the introduction of new payment methods such as PIN cards, mobile wallets, and EMV chips. With advances in technology, the number of fraud and forgeries are also increasing, highlighting the need for solutions that are difficult to duplicate.

Covered in this report

The report covers the present scenario and the growth prospects of the global signature verification market for 2017-2021. To calculate the market size, the report considers revenues generated from the sales of signature verification software and integrated solutions (includes software).

The market is divided into the following segments based on geography:

  • Americas
  • APAC
  • EMEA

Report at www.rnrmarketresearch.com/contacts/1160564

Further, the report states that one challenge in the market is strong need to reduce identity duplication. The BFSI sector is increasingly focusing on providing the highest level of security to its customers without compromising their convenience.

The payments and card industry (PCI) has been digitally transformed with the changing consumer preferences and the introduction of new payment methods such as PIN cards, mobile wallets, and EMV chips. With advances in technology, the number of fraud and forgeries are also increasing, highlighting the need for solutions that are difficult to duplicate.

This report, Global Signature Verification Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years.

The report also includes a discussion of the key vendors operating in this market.

Key vendors

  • Biometric Signature ID
  • CERTIFY GLOBAL
  • Cyber-SIGN (Witswell Consulting and Services)
  • iSign Solutions

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.

 

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