Digital Signature Market: Industry Analysis, Global Trends, and Forecast to 2023
The “Digital Signature Market by Solution (Software and Hardware), Service, Deployment Mode, Application (BFSI, Government & Defense, Legal, Real Estate, HR, Manufacturing & Engineering, Healthcare & Life Sciences), and Region – Global Forecast to 2023” report presents an in-depth assessment of the digital signature including enabling technologies, key trends, market drivers, challenges, deployment case studies, standardization, opportunities, future roadmap, value chain, Top key player profiles and strategies. The report also presents market size forecasts from 2018 till 2023.
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The Digital Signature Market size to grow from US$ 1.2 Billion in 2018 to US$ 5.5 Billion by 2023, at a CAGR of 36.7% during 2018–2023. Major growth factors for the market include improved operational efficiency, reduced Operational Expenditure (OPEX), improved security, and increased adoption of digital signature solutions to securely sign the documents.Scattered regulations in some regions and lack of awareness related to the legality of digital signature may restrain the market growth.
The Digital Signature Market by application comprises Human Resource (HR); education and research;Banking, Financial Services and Insurance (BFSI);government and defense;healthcare and life sciences;legal;real estate;manufacturing and engineering; others (retail, transit, energy and utilities, telecom, operations, sales and marketing, pharmaceuticals, and procurement).
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Europe has distinctively been one of the fastest-growing markets in terms of rapidly adopting digital signature solutions. The digital signature market is also termed as the next big boom with regards to the ever-increasing adoptions across this region. The digital signature market in Europe has gained traction because of the high demand for high-end security solutions, increase in the digitalization, legal compliances, and regulations, such as eIDAS.
Top Key Players in the “Digital Signature Market” include are
- Adobe(US)
- OneSpan(US)
- Gemalto(Netherlands)
- Ascertia(UK)
- DocuSign (US)
- Entrust Datacard (US)
- SigNix(UK)
- Secured Signing(New Zealand)
- Identrust (US)
- Kofax (US)
- RPost Technologies (US)
- HelloSign (US)
- MultiCert (Lisbon)
- GlobalSign (US)
- RightSignature (US)
- Zoho Corp (India)
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The Study Objectives of this report are:
- To study the complete value chain of the digital signature market
- To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the digital signature market
- To analyze opportunities in the market for stakeholders by identifying the high-growth segments of the digital signature ecosystem
- To strategically profile key players and comprehensively analyze their market position in terms of ranking and core competencies, along with detailing competitive landscape for market leaders
- To analyze strategic approaches, such as product launches, acquisitions, contracts, agreements, and partnerships, in the digital signature industry
Research coverage:
The report segments the global digital signature market by component, deployment mode, application, and region. The application segment includes HR, education and research, BFSI, government and defense, healthcare and life sciences, legal, real estate, manufacturing and engineering, others (retail, transit, energy and utilities, telecom, operations, sales and marketing, pharmaceuticals, and procurement). The component segment comprises solutions and services. The digital signature market by deployment mode has been segmented into cloud and on-premises.
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