Global Digital Signature Market Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Growth Forecast to 2027
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6521
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May 2023
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This report was compiled by Vishwa Gaul Vishwa is an experienced market research and consulting professional with over 8 years of expertise in the ICT industry, contributing to over 700 reports across telecommunications, software, hardware, and digital solutions. Correspondence Team Lead- ICT Linkedin | Detailed Market research Methodology Our methodology involves a mix of primary research, including interviews with leading mental health experts, and secondary research from reputable medical journals and databases. View Detailed Methodology Page
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MarketResearch.biz delivers in-depth insights on the global digital signature market in its upcoming report titled, “Global Digital Signature Market Trends, Applications, Analysis, Growth, and Forecast: 2017 to 2027”. The global digital signature market is estimated to register a CAGR of XX.X% in terms of value during forecast period 2018–2027. The report offers in-depth insights, revenue details, and other vital information regarding the target market, and the various trends, drivers, restraints, opportunities, and threats till 2027. The report offers insightful and detailed information regarding the various key players operating in the market, their financials, supply chain trends, technological innovations, key developments, apart from future strategies, acquisitions & mergers, and market footprint. The global digital signature market report has been segmented on the basis of deployment model, end-use vertical, and region.
This report is based on synthesis, analysis, and interpretation of information gathered regarding the target market from various sources. Our analysts have analyzed the information and data and gained insights using a mix of primary and secondary research efforts with the primary objective to provide a holistic view of the market. In addition, an in-house study has been made of the global economic conditions and other economic indicators and factors to assess their respective impact on the market historically, as well as the current impact in order to make informed forecasts about the scenarios in future.
Digital signature is a broad concept which is secure and safe than the handwritten signature. It is a mathematical technique which is used to check the authenticity of the software, messages, and digital documents. Digital signature uses cryptography technology which includes information of the digital documents that helps the end user to find his/her identity and status of documents.
Increasing need for securing data transfers through internet is a major factor driving growth of the global digital signature market. In addition, improved operational efficiency at reduced costs, enhanced security, and an organized workflow are the factors expected to boost growth of the global digital signature market over the forecast period.
However, the process of generation and verification of digital signature requires considerable amount of time which is expected to restraint growth of the global digital signature market. In addition, lack of awareness about the digital signature is another major factor expected to hamper growth of the global digital signature market over the forecast period.
The market in North America is expected to account for highest share in the global digital signature market in terms of revenue, owing to increasing government initiatives for spreading awareness about digital signature technology in the region. The market in Europe is estimated to account for second-highest revenue share in the global digital signature market, followed by markets in Asia Pacific, Latin America, and Middle East & Africa respectively. The market in Asia Pacific is projected to register highest CAGR, owing to increasing growth of BFSI sector and initiatives by various government to promote the use of digital technology in the region. Moreover, the markets in Latin America and Middle East & Africa are expected to register moderate growth over the forecast period. Revenue from the market in Middle East & Africa is projected to register a CAGR of XX.X% over the forecast period.
Global digital signature market segmentation:
By deployment model:
- On-premise
- Cloud-based
By end-use vertical:
- Human resources
- Education and research
- Banking, Financial services and Insurance (BFSI)
- Government and Defense
- Others (healthcare and life sciences, legal, real estate, manufacturing and engineering)
By region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Attribute Report Details Market Size Ask For Market Size Growth Rate Ask For Growth Rate Key Companies Ask For Companies Report Coverage Revenue analysis, Competitive landscape, Key company analysis, Market Trends, Key segments, Distribution Channel, Market Dynamics, COVID-19 Impact Analysis and more… Historical Data Period 2015-2020 Base Year 2022 Forecast Period 2022-2031 Region Scope North America, Europe, Asia-Pacific, South America, Middle East & Africa Country Scope United States, Canada and Mexico, Germany, France, UK, Russia and Italy, China, Japan, Korea, India and Southeast Asia, Brazil, Argentina, Colombia etc.Saudi Arabia, UAE, Egypt, Nigeria and South Africa Revenue in US$ Mn -
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- Adobe Systems Inc.
- Gemalto NV
- Secured Signing Limited
- SunGard Signix Inc.
- Ascertia Limited
- Entrust Datacard Corp.
- RPost, Inc.
- DocuSign Inc.
- IdenTrust Inc.
- Thales e-Security Inc.
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