Signature Verification Market 2022 Strategic Assessment - Biometric Signature ID (J C Lads Corporation), CERTIFY Global Inc.

The Signature Verification Market outlook looks extremely promising is a valuable source of insightful data for business strategists. It provides the industry overview with growth analysis and historical & futuristic cost, revenue, demand and supply data (as applicable). The research analysts provide an elaborate description of the value chain, future roadmaps and its distributor analysis. The report provides a comprehensive look at the regions such as North America, Europe, APAC, and ROW of the Signature Verification Market.

The report presents the market competitive landscape and a corresponding detailed analysis of the major vendors/key players in the market. Top Companies in the Global Signature Verification Market: Biometric Signature ID (J C Lads Corporation), CERTIFY Global Inc., SQN Banking Systems Inc., iSign Solutions Inc., Ascertia Ltd, Datavision Image LLC, Entrust Datacard Corporation, Kofax Inc., Odyssey Technologies Limited, Scriptel Corporation

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The Signature Verification Market was valued at USD 915.32 million in 2021 and expected to reach USD 3422.7 million by 2028 and grow at a CAGR of 24.77% over the forecast period (2022-2028).

Industry News:

- June 2019 - Entrust Datacard, a leading provider of trusted identity and secure issuance technology solutions, completed its previously-announced acquisition of nCipher Security, formerly Thales's market-leading general purpose hardware security module (HSM) business. The general purpose HSM market is growing quickly, driven by global demand for stronger data and application security, increased encryption, and privacy regulations such as the EU General Data Protection Regulation (GDPR) and the electronic identification, authentication and trust services (eIDAS) regulation. HSMs offer the highest levels of cryptographic security and are deployed to minimize network and cybersecurity risks from cloud services, Internet of Things (IoT) devices and other digital initiatives.

Scope of the report:

- Enabled by proven public key infrastructure (PKI) technology, digital signatures are broadly recognized as a best practice for providing digital verification of electronic transactions. Local and central governments, by their very nature, have always been paper-intensive organizations, because of core requirements for strong audit trails, decision traceability, and control. However, with the increasing pressure on budgets and the need to be more open, many governments around the world have initiated transformational projects to reduce inefficient and expensive paper-based process.

- Most governments around the world, especially the US and EU nations, have enacted legislation, which recognized digital signatures (or electronic signatures) as equivalent to hand-written signatures if produced according to specific requirements (for instance, the EU Directive on Electronic Signature 1999/93/Ec of the European Parliament and council).

Key Trends:

BFSI Industry Shifting Towards Digital Transformation

- BFSI is a major industry dominating the signature verification market, due to increasing e-commerce markets and online transactions. Furthermore, as the modes of the online transaction and the number of the online transaction are increasing, end-to-end encryption and security have become a prime concern. Thus, the BFSI industry has dominance in signature verification market, for it provides a secure authentication mode for online transactions.

- Adding to this, the BFSI industry is increasingly investing in the signature verification market because it provides an easy and accurate mode for authentication. With the rise of identity theft, multi-channel attacks, and cheque schemes, risk mitigation is turning out to be a top priority for banks and their leadership in 2019. Fraud against bank deposit accounts cost the industry around USD 2.2 billion per year.

The report has 150 tables and figures browse the report description and TOC:

https://www.marketinsightsreports.com/reports/02285848668/signature-verification-market-growth-trends-covid-19-impact-and-forecasts-2022-2027?mode=206

Important Features of the report:

Detailed analysis of the Global Signature Verification Market
Fluctuating market dynamics of the industry
Detailed market segmentation
Historical, current, and projected market size in terms of volume and value
Recent industry trends and developments
Competitive landscape of the Global Signature Verification Market
Strategies of key players and product offerings
Potential and niche segments/regions exhibiting promising growth
A neutral perspective toward Global Signature Verification Market performance

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