Signature Verification Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

The report covers Global Signature Verification Market Trends and it is segmented by Type of Solution (Hardware and Software), End-user Industry (Financial Services, Government, Healthcare, Transportation and Logistics), and Geography (North America, Europe, Asia-Pacific, and Rest of the World). The market size and forecasts are provided in terms of value (USD) for all the above segments.

Signature Verification Market Size & Share Analysis - Growth Trends & Forecasts (2025 - 2030)

Signature Verification Market Size

Signature Verification Market Summary
Study Period 2019 - 2030
Market Size (2025) USD 3.61 Billion
Market Size (2030) USD 9.87 Billion
CAGR (2025 - 2030) 22.29 %
Fastest Growing Market Asia Pacific
Largest Market North America
Market Concentration Medium

Major Players

Signature Verification Market Major Players

*Disclaimer: Major Players sorted in no particular order

Compare market size and growth of Signature Verification Market with other markets in Technology, Media and Telecom Industry

Automation

Digital Commerce

Electronics

Information Technology

Media and Entertainment

Security & Surveillance

Signature Verification Market Analysis

The Signature Verification Market size is estimated at USD 3.61 billion in 2025, and is expected to reach USD 9.87 billion by 2030, at a CAGR of 22.29% during the forecast period (2025-2030).

In order to authorise transactions and documents, signatures are especially applied by authorities like governments, businesses and financial organisations for verification purposes. They provide a method of authentication based on the dynamic features of an individual's handwriting signature and its characteristics to verify their identity.

  • Automatic signature verification is an attractive field of research from both scientific and commercial points of view. In recent years, in line with continuous growth of the internet and increasing security requirements for development of an e-society, automatic signature verification is being considered since it uses a customary personal authentication method accepted at both legal and social levels. 
  •  In order to protect banks and customers from fraudulent checks, the primary purpose of automated signature verification is to ensure that they are signed correctly. A number of banks automatically process checks at a specific value, putting them at risk of accepting forged checks. Then, they manually perform spot checks and look at checks over particular amounts, a process that ultimately wastes both time and money.
  •  In addition, the BFSI industry's main concern is end to end encryption and security. In order to provide a secure and accurate authentication system to address these concerns, the BFSI sector is increasingly investing in the market for signature verification.
  • Handwritten signatures often use scanned signatures for verification, while online and dynamic systems majorly rely upon the signals captured from pen movement on a tablet or touchscreen. This provides more information compared to static images, such as pen speed and pressure.
  • Also, the COVID-19 pandemic has developed a need for digital signatures in different industries. Recently, the Centers for Medicare & Medicaid Services authorized the use of electronic signatures under commonly accepted Washington State procedures.

Signature Verification Industry Overview

The signature verification market is semi-consolidated, with top players have being occupying a significant share of the market. New players find it challenging to enter the market due to the dominance of existing players such as Biometric Signature ID (J C Lads Corporation), CERTIFY Global Inc., Ascertia Ltd., Kofax Inc., Entrust Datacard Corporation, Odyssey Technologies Limited, and Scriptel Corporation.

  • In October 2023, Jumio has intoduced Jumio 360° Fraud Analytics for advanced fraud checks and the identity transaction will also be compared to the clusters and generate a predictive fraud score that can be used to automatically reject the transaction if it exceeds a certain threshold.
  • In July 2023, Veriff, a global identity verification provider company, announced a collaboration with Taktikal, an e-signature software suite, to offer enhanced identity verification capabilities for their consumers globally. With this collaboration, Veriff adds an extra layer of security and safety to Taktikal’s automated onboarding and workflow processes through the enhanced authentication of digital signatures, enabling Taktikal to expand its customer base to new geographic regions.

Signature Verification Market Leaders

  1. Parascript LLC

  2. Ascertia Ltd

  3. Jumio Corp.

  4. Ekata Inc.

  5. IBM Corporation

  6. *Disclaimer: Major Players sorted in no particular order
Signature Verification Market  competive logo.jpg
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Signature Verification Market News

  • Decmber 2023 - SutiSoft's Enhanced eSignature Solution with WhatsApp Integration and Cutting-Edge Features Transforms Business Workflows, The solution sends real-time notifications that directly connect users to agreements, facilitating swift and secure signing. Sharing documents via WhatsApp significantly accelerate transaction speeds, allowing signers to quickly access and sign documents on the go.
  • November 2023- Syngrafii, an e-signature solutions provider, announced the integration of Trulioo Identity Document Verification into its iinked Sign and Video Signing Room (VSR) platform. This strategic partnership enables the virtual confirmation of signatories’ identities in a single unified platform, significantly enhancing trust and confidence in the signing process compared to two standalone e-signature and Identity Verification (IDV) processes.

Signature Verification Market Report - Table of Contents

1. INTRODUCTION

  • 1.1 Study Assumptions and Market Definition
  • 1.2 Scope of the Study

2. RESEARCH METHODOLOGY

3. EXECUTIVE SUMMARY

4. MARKET INSIGHTS

  • 4.1 Market Overview
  • 4.2 Industry Attractiveness - Porter's Five Forces Analysis
    • 4.2.1 Bargaining Power of Suppliers
    • 4.2.2 Bargaining Power of Buyers
    • 4.2.3 Threat of New Entrants
    • 4.2.4 Threat of Substitute Products
    • 4.2.5 Intensity of Competitive Rivalry
  • 4.3 Impact of COVID-19 on the Market

5. MARKET DYNAMICS

  • 5.1 Market Drivers
    • 5.1.1 Stringent Regulations and Need for Compliance
  • 5.2 Market Restraints
    • 5.2.1 Variability of Verification Devices and Compatibility with Legacy Systems

6. MARKET SEGMENTATION

  • 6.1 By Type of Solution
    • 6.1.1 Hardware
    • 6.1.2 Software
  • 6.2 By End-user Industry
    • 6.2.1 Financial Services
    • 6.2.2 Government
    • 6.2.3 Healthcare
    • 6.2.4 Transport and Logistics
    • 6.2.5 Other End-user Industries
  • 6.3 By Geography
    • 6.3.1 North America
    • 6.3.1.1 United States
    • 6.3.1.2 Canada
    • 6.3.2 Europe
    • 6.3.3 Asia Pacific
    • 6.3.4 Rest of the World

7. COMPETITIVE LANDSCAPE

  • 7.1 Company Profiles
    • 7.1.1 Parascript LLC
    • 7.1.2 Ascertia Ltd
    • 7.1.3 Jumio Corp.
    • 7.1.4 Ekata Inc.
    • 7.1.5 IBM Corporation
    • 7.1.6 SutiSoft Inc.
    • 7.1.7 Acuant Inc.
    • 7.1.8 Mitek Systems Inc.
    • 7.1.9 CERTIFY Global Inc.
    • 7.1.10 Scriptel Corporation
    • 7.1.11 iSign Solutions Inc.
    • 7.1.12 Veriff
  • *List Not Exhaustive

8. INVESTMENT ANALYSIS

9. FUTURE OF THE MARKET

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Signature Verification Industry Segmentation

The signature verification market refers to the market for software and hardware technologies used to authenticate and verify handwritten signatures, both in-person and electronic signatures.

The signature verification market is segmented by type of solution (hardware and software), end-user industry (financial services, government, healthcare, transportation, and logistics), and geography (North America (united states, canada), Europe, Asia-Pacific, and the Rest of the World).

The market sizes and forecasts are provided in terms of value (USD) for all the above segments

By Type of Solution Hardware
Software
By End-user Industry Financial Services
Government
Healthcare
Transport and Logistics
Other End-user Industries
By Geography North America United States
Canada
Europe
Asia Pacific
Rest of the World
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Signature Verification Market Research FAQs

How big is the Signature Verification Market?

The Signature Verification Market size is expected to reach USD 3.61 billion in 2025 and grow at a CAGR of 22.29% to reach USD 9.87 billion by 2030.

What is the current Signature Verification Market size?

In 2025, the Signature Verification Market size is expected to reach USD 3.61 billion.

Who are the key players in Signature Verification Market?

Parascript LLC, Ascertia Ltd, Jumio Corp., Ekata Inc. and IBM Corporation are the major companies operating in the Signature Verification Market.

Which is the fastest growing region in Signature Verification Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2025-2030).

Which region has the biggest share in Signature Verification Market?

In 2025, the North America accounts for the largest market share in Signature Verification Market.

What years does this Signature Verification Market cover, and what was the market size in 2024?

In 2024, the Signature Verification Market size was estimated at USD 2.81 billion. The report covers the Signature Verification Market historical market size for years: 2019, 2020, 2021, 2022, 2023 and 2024. The report also forecasts the Signature Verification Market size for years: 2025, 2026, 2027, 2028, 2029 and 2030.

Signature Verification Software Industry Report

Statistics for the 2025 Signature Verification market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Signature Verification analysis includes a market forecast outlook for 2025 to 2030 and historical overview. Get a sample of this industry analysis as a free report PDF download.