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The study on signature verification is broadly structured to track the propensity to adopt verification solutions across end-user verticals across regions.

PORTLAND, PORTLAND, OR, UNITED STATE, November 30, 2021 /EINPresswire.com/ -- The signature verification market is segmented on the basis of end user, technology, product type, and region. End user segment covered in the study includes education, government, and BFSI. Based on technology, the market is classified into static signature verification and dynamic signature verification. By product, it is divided into hardware and software. Regionally, it is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

The global signature verification market is dominated by the key players such as BIOMETRIC SIGNATURE ID., CERTIFY Global Inc., Cyber SIGN, Inc., iSign Solutions Inc., Datavision Software Solutions Pvt. Ltd., Ascertia, 01 Systems W.L.L., DynaSig Corporation, Entrust Datacard Corporation., and Hitachi, Ltd.

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Increase in need to reduce identity duplication drives the growth of the global signature verification market. In addition, rise in level of security breaches, transaction fraud, data theft, and increase in focus on providing the highest level of security to customers in many sectors propel the market growth.

However, high intra-class variability, high error rates, and fluctuations in physical & emotional state of the user can lead to errors, which limit the growth of this market. Conversely, government regulations to incorporate signature verification into their credential authentication paradigms and increase in adoption signature verification systems in the BFSI sector due to regulation of money & data are expected to provide numerous opportunities for this market to grow.

Highlights of the report:

• The study provides an in-depth analysis of the global signature verification market and current & future trends to elucidate the imminent investment pockets.

• Information about key drivers, restrains, and opportunities is provided.

• Porters Five Forces analysis illustrates the potency of buyers and suppliers operating in the industry.

• The quantitative analysis of the global market from 2016 to 2023 is provided to determine the market potential.

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Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision making for the existing market players as well as those willing to enter the market.

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