The article cited AMA's Global Signature Verification Market Study explored substantial growth with CAGR of 11.3%. According the report, Rapid increase in the digitisation of banking services
is one of the primary growth factors for the market. Growing acceptance of e-commerce
is also expected to contribute significantly to the Signature Verification market. Overall, Government & Defense
applications of Signature Verification, and the growing awareness of them, is what makes this segment of the industry important to its overall growth.
AMAs Analyst on the Global Signature Verification market identified that the demand is rising in many different parts of the world as "Arrival of several modes of authentication methods like OTP, PIN, and biometrics, signature verification which adds an extra layer for security
" Furthermore, some recent industry insights like "iSign Solutions Inc., a leading supplier of electronic signature and other software solutions enabling secure, costeffective and paperless management of contracts and other document-based transactions, announced that a Top 5 U.S. property and casualty insurer has completed the implementation and rollout of iSign Console (the “Console”)" is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Signature Verification market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Signature Verification market and other related sub-markets covered in the study.
o Key & emerging players in the Signature Verification market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Signature Verification market size is calculated using market estimation process, the Signature Verification market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Signature Verification market size has been validated using both top-down and bottom-up approaches.