Lewes, DE -- (SBWire) -- 11/13/2015 --Report forecast the global signature verification market to grow at a CAGR of 8.94% over the period 2014-2019.
Signature verification refers to behavioral biometrics that helps to identify and verify the identity of an individual to prevent fraud. Signature is considered as the secure and accurate method of authentication and is useful for the identification of a particular individual because each individual's signature is highly unique. Signature verification offers more accurate results especially when dynamic signature of an individual is compared and matched with static signature. Signature verification consists of two categories: offline and online, also known as static and dynamic signature. Signature verification is used for applications such as to authorize bank checks, documents, and contracts; validate credit card transactions; and verify identification.
This report covers the present scenario and the growth prospects of the global signature verification market for the period 2015-2019. To calculate the market size, the report considers revenue generated from the sales of signature verification tools, including software and integrated solutions. To report does not include the revenue generated from after sales services to calculate the market size. The market is highly fragmented with the presence of a large number of small and large vendors. A detailed product and feature comparison for the key leading vendors is provided in the report.
Global Signature Verification Market 2015-2019, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers APAC, Europe, Latin America, MEA, and North America; it also covers the landscape of the global signature verification market and its growth prospects in the coming years. The report includes a discussion of the key vendors operating in this market.
According to the report, In the US, the demand for signature verification is expected to emerge in the healthcare vertical because of the need to comply with HIPAA regulations, which is expected to drive the demand for signature verification.
Key regions
- APAC
- Europe
- Latin America
- MEA
- North America
Key players in the Global Signature verification Market: Certify, CIC, Cyber-Sign, M2SYS and Safran
Other prominent vendors
- Biometric Signature ID
- Certify
- Decillion Group
- DynaSig
- Hitachi
- KeCrypt
- Kofax (Acquired by Lexmark)
- Odyssey Technologies
- Parascript
- Scriptel
- SOFTPRO
- SutiSoft
Key market driver
- Growing number of forgery and data thefts
- For a full, detailed list, view our report
Key market challenge
- Privacy issues with biometric data
- For a full, detailed list, view our report
Key market trend
- Signature verification on smartphones
- For a full, detailed list, view our report
Key questions answered in this report
- What will the market size be in 2019 and what will the growth rate be?
- What are the key market trends?
- What is driving this market?
- What are the challenges to market growth?
- Who are the key vendors in this market space?
- What are the market opportunities and threats faced by the key vendors?
- What are the strengths and weaknesses of the key vendors?
Spanning over 62 pages "Global Signature Verification Market 2015-2019" report covers Executive Summary, Scope of the Report, Market research methodology, Introduction, Market description, Market landscape, Technology segmentation, End-user segmentation, Geographical segmentation, Emerging market trends, Market risk factors, Vendor landscape, Key vendor analysis, Appendix.
For further information on this report, please visit- http://www.marketresearchreports.com/technavio/global-signature-verification-market-2015-2019
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Global Personal Domestic Service Market 2015-2019 - visit at: http://www.marketresearchreports.com/technavio/global-personal-domestic-service-market-2015-2019
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