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Global Digital Signature Market: By Component: Hardware, Software, Service; By Deployment: On-Premise, Cloud; By Application: Banking, Financial Services, and Insurance, Education, Others; Regional Analysis; Historical Market and Forecast (2016-2026); Market Dynamics; Competitive Landscape; Industry Events and Developments

Global Digital Signature Market Outlook

The global digital signature market is estimated to rise from USD 1.5 billion in 2020 to USD 10 billion by 2026, growing at a CAGR of 37.2% over the forecast period of 2021-2026.

 

Global Digital Signature Market

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Governments and companies are expected to increase their investment in electronic documents and improve security with a managed and streamlined workflow to drive the digital signature market growth.

 

Properties and Applications

The digital signature is referred to as a digital code attached to a document transmitted electronically to verify its contents and the identity of the sender.

 

Global Digital Signature Market By Component

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The digital signature market can be divided based on segments like components, deployment, and application. The industry can be broadly categorised based on component into:

  • Hardware
  • Software
  • Service

The industry can be divided based on deployment as:

  • On-Premise
  • Cloud

The industry can be broadly categorised based on application as:

  • Banking, Financial Services, and Insurance
  • Education
  • Human Resource
  • IT and Telecommunication
  • Government
  • Healthcare and Life Science
  • Real Estate
  • Others

The EMR report looks into the regional digital signature markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific regions.

 

Global Digital Signature Market By Region

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Market Analysis

The shift to incorporate blockchain technology into digital signatures in the upcoming years is expected to have a significant impact on the growth of the global digital signature market size. The use of cloud-based digital signature services offers verification of signer identity, the authenticity of data, and secure timestamps for users. Delivering these services through the cloud often reduces the need to purchase and maintain physical equipment; as a result, reducing operating costs. In addition, the Cloud Signature Consortium is joining other industrial and educational organizations to build new standards for cloud-based digital signatures. This will support web and mobile applications worldwide in accordance with the legislation on digital signatures. As a result, the growing deployment of cloud-based digital signatures within the forecast period will support the growth of the digital signature market.

 

Competitive Landscape

The report presents a detailed analysis of the following key players in the global digital signature market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:

  • Ascertia Ltd
  • Adobe Inc (NASDAQ: ADBE)
  • Gemalto N.V. 
  • Onespan Inc 
  • Docusign Inc
  • Entrust Datacard
  • Signix
  • Secured Signing Limited
  • Identrust Inc
  • Kofax Company
  • Others

The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter's Five Forces model.

 

REPORT FEATURES DETAILS
Base Year 2020
Historical Period 2016-2020
Forecast Period 2021-2026
Scope of the Report Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment- Component, Deployment, Application, Region
Breakup by Component Hardware, Software, Service
Breakup by Deployment On-Premise, Cloud
Breakup by Application Banking, Financial Services, and Insurance, Education, Human Resource, IT & Telecommunication, Government, Healthcare & Life Science, Real Estate, Others
Breakup by Region North America, Europe, Asia Pacific, Latin America, Middle East and Africa
Market Dynamics SWOT, Porter's Five Forces, EMR’s Key Indicators for Price and Demand
Competitive Landscape Market Structure, Company Profiles- Company Overview, Product Portfolio, Demographic Reach and Achievements, Certifications
Companies Covered Ascertia Ltd, Adobe Inc (NASDAQ: ADBE), Gemalto N.V. (OTCMKTS: GTOMY), Onespan Inc (NASDAQ: OSPN), Docusign Inc, Entrust Datacard, Signix, Secured Signing Limited, Identrust In, Kofax Company, Others
Report Price and Purchase Option Explore our purchase options that are best suited to your resources and industry needs.
Delivery Format Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

 

*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

1    Preface
    1.1    Objectives of the Study
        1.1.1    Research Objective
        1.1.2    Key Findings of the Report
2    Research Methodology
    2.1    Data Extraction
    2.2    Data Corroboration
    2.3    Market Structure
    2.4    Assumptions
    2.5    Market Models
3    Introduction
    3.1    Market Outlook
    3.2    Market Scope and Segmentation
    3.3    Additional Insights
4    Executive Summary
    4.1    Key Market Developments
    4.2    Market Analysis
    4.3    Key Players
    4.4    Market Revenue and Growth
5    Market Dynamics
    5.1    Market Driver Analysis
    5.2    Market Restraint Analysis
    5.3    Industry Challenges
    5.4    Industry Opportunities
6    Global Digital Signature Market Analysis
    6.1    Global Digital Signature Historical Market (2016-2020) & Forecast (2021-2026)
    6.2    Global Digital Signature Market Breakup by Component
        6.2.1    Hardware
        6.2.2    Software
        6.2.3    Service
    6.3    Global Digital Signature Market Breakup by Component: Historical Market (2016-2020) & Forecast (2021-2026)
        6.3.1    Hardware
        6.3.2    Software
        6.3.3    Service
    6.4    Global Digital Signature Market Breakup by Deployment
        6.4.1    On-Premise
        6.4.2    Cloud
    6.5    Global Digital Signature Market Breakup by Deployment: Historical Market (2016-2020) & Forecast (2021-2026)
        6.5.1    On-Premise
        6.5.2    Cloud
    6.6    Global Digital Signature Market Breakup by Application
        6.6.1    Banking, Financial Services, and Insurance
        6.6.2    Education
        6.6.3    Human Resource
        6.6.4    IT & Telecommunication
        6.6.5    Government
        6.6.6    Healthcare & Life Science
        6.6.7    Real Estate
        6.6.8    Others
    6.7    Global Digital Signature Market Breakup by Application: Historical Market (2016-2020) & Forecast (2021-2026)
        6.7.1    Banking, Financial Services, and Insurance
        6.7.2    Education
        6.7.3    Human Resource
        6.7.4    IT & Telecommunication
        6.7.5    Government
        6.7.6    Healthcare & Life Science
        6.7.7    Real Estate
        6.7.8    Others
    6.8    Global Digital Signature Market Breakup by Region
        6.8.1    North America
            6.8.1.1    United States of America
            6.8.1.2    Canada
        6.8.2    Europe
            6.8.2.1    Germany
            6.8.2.2    United Kingdom
            6.8.2.3    France
            6.8.2.4    Italy
            6.8.2.5    Others
        6.8.3    Asia Pacific
            6.8.3.1    China
            6.8.3.2    Japan
            6.8.3.3    India
            6.8.3.4    ASEAN
            6.8.3.5    Others
        6.8.4    Latin America
            6.8.4.1    Brazil
            6.8.4.2    Argentina
            6.8.4.3    Mexico
            6.8.4.4    Others
        6.8.5    Middle East & Africa
            6.8.5.1    Saudi Arabia
            6.8.5.2    United Arab Emirates
            6.8.5.3    Nigeria
            6.8.5.4    South Africa
            6.8.5.5    Others
    6.9    Global Digital Signature Market Breakup by Region: Historical Market (2016-2020) & Forecast (2021-2026) 
        6.9.1    North America
            6.9.1.1    United States of America
            6.9.1.2    Canada
        6.9.2    Europe
            6.9.2.1    Germany
            6.9.2.2    United Kingdom
            6.9.2.3    France
            6.9.2.4    Italy
            6.9.2.5    Others
        6.9.3    Asia Pacific
            6.9.3.1    China
            6.9.3.2    Japan
            6.9.3.3    India
            6.9.3.4    ASEAN
            6.9.3.5    Others
        6.9.4    Latin America
            6.9.4.1    Brazil
            6.9.4.2    Argentina
            6.9.4.3    Mexico
            6.9.4.4    Others
        6.9.5    Middle East & Africa
            6.9.5.1    Saudi Arabia
            6.9.5.2    United Arab Emirates
            6.9.5.3    Nigeria
            6.9.5.4    South Africa
            6.9.5.5    Others
    6.10    SWOT Analysis
        6.10.1    Overview
        6.10.2    Strengths
        6.10.3    Weaknesses
        6.10.4    Opportunities
        6.10.5    Threats
7    Porter’s Five Forces Analysis
    7.1    Overview
    7.2    Buyer’s Power
    7.3    Supplier’s Power
    7.4    New Entrants
    7.5    Degree of Rivalry
    7.6    Substitutes
8    Competitive Landscape & Supplier Analysis
    8.1    Ascertia Ltd
        8.1.1    Company Overview
        8.1.2    Financial Analysis
    8.2    Adobe Inc (NASDAQ: ADBE)
        8.2.1    Company Overview
        8.2.2    Financial Analysis
    8.3    Gemalto N.V. (OTCMKTS: GTOMY)
        8.3.1    Company Overview
        8.3.2    Financial Analysis
    8.4    Onespan Inc (NASDAQ: OSPN)
        8.4.1    Company Overview
        8.4.2    Financial Analysis
    8.5    Docusign Inc
        8.5.1    Company Overview
        8.5.2    Financial Analysis
    8.6    Entrust Datacard 
        8.6.1    Company Overview
        8.6.2    Financial Analysis
    8.7    Signix 
        8.7.1    Company Overview
        8.7.2    Financial Analysis
    8.8    Secured Signing Limited 
        8.8.1    Company Overview
        8.8.2    Financial Analysis
    8.9    Identrust Inc
        8.9.1    Company Overview
        8.9.2    Financial Analysis
    8.10    Kofax Company
        8.10.1    Company Overview
        8.10.2    Financial Analysis
    8.11    Others
9    Industry Events and Development

Key Questions Answered in the Report

In 2020, the global digital signature market attained a value of nearly USD 1.5 billion.

The market is projected to grow at a CAGR of 37.2% between 2021 and 2026.

The market is estimated to witness a healthy growth in the forecast period of 2021-2026 to reach about USD 10 billion by 2026.

The major drivers of the industry, such as the increasing digitalisation across the globe, rapid urbanisation, increase in cybercrimes and growing demand for improved security, growing investment by the enterprises to manage workflow through digital means, and growing popularity of cloud based technology, are expected to aid the market growth.

The key market trends guiding the growth of the market include the growing technological advancements, improving protocols for remote digital signature, and development of new open standard for digital signatures to make them ubiquitous.

The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

Hardware, software, and service are the major components of digital signature.

The significant deployment-types in the industry are on-premise and cloud.

Banking, financial services and insurance, education, human resource, IT and telecommunication, government, healthcare and life science, and real estate are the major applications of the product.

The major players in the industry are Ascertia Ltd, Adobe Inc, Gemalto N.V., Onespan Inc, Docusign Inc, Entrust Datacard, Signix, Secured Signing Limited, Identrust Inc, Kofax Company, and others.

Analyst Review

The global digital signature market attained a value of USD 1.5 billion in 2020, driven by the rising prevalence of urinary incontinence among the growing geriatric population. Aided by developing standards to make digital signatures ubiquitous, the market is expected to witness a further growth in the forecast period of 2021-2026, growing at a CAGR of 37.2%. The market is projected to reach USD 10 billion by 2026.

EMR’s meticulous research methodology delves deep into the market, covering the macro and micro aspects of the industry. Based on components, the digital signature industry can be segmented into hardware, software, and services. By deployment, the industry is bifurcated into on-premise and cloud. On the basis of applications, the industry is divided into banking, financial services and insurance, education, human resource, IT and telecommunication, government, healthcare and life science, and real estate, among others. The major regional markets for digital signature are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa. The key players in the above market include Ascertia Ltd, Adobe Inc, Gemalto N.V., Onespan Inc, Docusign Inc, Entrust Datacard, Signix, Secured Signing Limited, Identrust Inc, and Kofax Company, among others.

EMR’s research methodology uses a combination of cutting-edge analytical tools and the expertise of their highly accomplished team, thus, providing their customers with market insights that are accurate, actionable, and help them remain ahead of their competition.

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