Reports

Global Digital Signature Market is Expected to Grow at a CAGR of 37.2% in the Forecast Period of 2021-2026.

Digital Signature Market

Global Digital Signature Market Size, Trends, Growth: By Component: Hardware, Software, Service; By Deployment: On-Premise, Cloud; By Application: BFSI, Education, Human Resource, IT and Telecommunication, Government, Healthcare and Life Science, Real Estate, Others; Regional Analysis; Market Dynamics; Competitive Landscape; 2024-2032

Global Digital Signature Market Outlook

The global digital signature market is estimated to rise from USD 2.82 billion in 2023 to USD 18.82 billion by 2032, growing at a CAGR of 37.2% over the forecast period of 2024-2032.

 

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.

 

Market Segmentation

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 2023
Historical Period 2018-2023
Forecast Period 2024-2032
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, 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.

 

*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.

1    Preface
2    Report Coverage – Key Segmentation and Scope
3    Report Description
    3.1    Market Definition and Outlook
    3.2    Properties and Applications
    3.3    Market Analysis
    3.4    Key Players
4    Key Assumptions
5    Executive Summary
    5.1    Overview
    5.2    Key Drivers
    5.3    Key Developments
    5.4    Competitive Structure
    5.5    Key Industrial Trends
6    Snapshot
    6.1    Global
    6.2    Regional
7    Opportunities and Challenges in the Market
8    Global Digital Signature Market Analysis
    8.1    Key Industry Highlights
    8.2    Global Digital Signature Historical Market (2018-2023) 
    8.3    Global Digital Signature Market Forecast (2024-2032)
    8.4    Global Digital Signature Market by Component
        8.4.1    Hardware
            8.4.1.1    Historical Trend (2018-2023)
            8.4.1.2    Forecast Trend (2024-2032)
        8.4.2    Software
            8.4.2.1    Historical Trend (2018-2023)
            8.4.2.2    Forecast Trend (2024-2032)
        8.4.3    Service
            8.4.3.1    Historical Trend (2018-2023)
            8.4.3.2    Forecast Trend (2024-2032)
    8.5    Global Digital Signature Market by Deployment
        8.5.1    On-Premise
            8.5.1.1    Historical Trend (2018-2023)
            8.5.1.2    Forecast Trend (2024-2032)
        8.5.2    Cloud
            8.5.2.1    Historical Trend (2018-2023)
            8.5.2.2    Forecast Trend (2024-2032)
    8.6    Global Digital Signature Market by Application
        8.6.1    BFSI
            8.6.1.1    Historical Trend (2018-2023)
            8.6.1.2    Forecast Trend (2024-2032)
        8.6.2    Education
            8.6.2.1    Historical Trend (2018-2023)
            8.6.2.2    Forecast Trend (2024-2032)
        8.6.3    Human Resource
            8.6.3.1    Historical Trend (2018-2023)
            8.6.3.2    Forecast Trend (2024-2032)
        8.6.4    IT and Telecommunication
            8.6.4.1    Historical Trend (2018-2023)
            8.6.4.2    Forecast Trend (2024-2032)
        8.6.5    Government
            8.6.5.1    Historical Trend (2018-2023)
            8.6.5.2   Forecast Trend (2024-2032)
        8.6.6    Healthcare and Life Science
            8.6.6.1    Historical Trend (2018-2023)
            8.6.6.2    Forecast Trend (2024-2032)
        8.6.7    Real Estate
            8.6.7.1    Historical Trend (2018-2023)
            8.6.7.2    Forecast Trend (2024-2032)
        8.6.8    Others
    8.7    Global Digital Signature Market by Region     
        8.7.1    North America
            8.7.1.1    Historical Trend (2018-2023) 
            8.7.1.2    Forecast Trend (2024-2032)
        8.7.2    Europe
            8.7.2.1    Historical Trend (2018-2023) 
            8.7.2.2    Forecast Trend (2024-2032)
        8.7.3    Asia Pacific
            8.7.3.1    Historical Trend (2018-2023) 
            8.7.3.2    Forecast Trend (2024-2032)
        8.7.4    Latin America
            8.7.4.1    Historical Trend (2018-2023) 
            8.7.4.2    Forecast Trend (2024-2032)
        8.7.5    Middle East and Africa
            8.7.5.1    Historical Trend (2018-2023) 
            8.7.5.2    Forecast Trend (2024-2032)
9    North America Digital Signature Market Analysis
    9.1    United States of America 
        9.1.1    Historical Trend (2018-2023) 
        9.1.2    Forecast Trend (2024-2032)
    9.2    Canada
        9.2.1    Historical Trend (2018-2023) 
        9.2.2    Forecast Trend (2024-2032)
10    Europe Digital Signature Market Analysis
    10.1    United Kingdom
        10.1.1    Historical Trend (2018-2023) 
        10.1.2    Forecast Trend (2024-2032)
    10.2    Germany
        10.2.1    Historical Trend (2018-2023) 
        10.2.2    Forecast Trend (2024-2032)
    10.3    France
        10.3.1    Historical Trend (2018-2023) 
        10.3.2    Forecast Trend (2024-2032)
    10.4    Italy
        10.4.1    Historical Trend (2018-2023) 
        10.4.2    Forecast Trend (2024-2032)
    10.5   Others
11    Asia Pacific Digital Signature Market Analysis
    11.1    China
        11.1.1    Historical Trend (2018-2023) 
        11.1.2    Forecast Trend (2024-2032)
    11.2    Japan
        11.2.1    Historical Trend (2018-2023) 
        11.2.2    Forecast Trend (2024-2032)
    11.3    India
        11.3.1    Historical Trend (2018-2023) 
        11.3.2    Forecast Trend (2024-2032)
    11.4    ASEAN
        11.4.1    Historical Trend (2018-2023) 
        11.4.2    Forecast Trend (2024-2032)
    11.5    Australia
        11.5.1    Historical Trend (2018-2023) 
        11.5.2    Forecast Trend (2024-2032)
    11.6    Others
12    Latin America Digital Signature Market Analysis
    12.1    Brazil
        12.1.1    Historical Trend (2018-2023) 
        12.1.2    Forecast Trend (2024-2032)
    12.2    Argentina
        12.2.1    Historical Trend (2018-2023) 
        12.2.2    Forecast Trend (2024-2032)
    12.3    Mexico
        12.3.1    Historical Trend (2018-2023) 
        12.3.2    Forecast Trend (2024-2032)
    12.4    Others
13    Middle East and Africa Digital Signature Market Analysis
    13.1    Saudi Arabia
        13.1.1    Historical Trend (2018-2023) 
        13.1.2    Forecast Trend (2024-2032)
    13.2    United Arab Emirates
        13.2.1    Historical Trend (2018-2023) 
        13.2.2    Forecast Trend (2024-2032)
    13.3    Nigeria
        13.3.1    Historical Trend (2018-2023) 
        13.3.2    Forecast Trend (2024-2032)
    13.4    South Africa
        13.4.1    Historical Trend (2018-2023) 
        13.4.2    Forecast Trend (2024-2032)
    13.5    Others
14    Market Dynamics
    14.1    SWOT Analysis
        14.1.1    Strengths
        14.1.2    Weaknesses
        14.1.3    Opportunities
        14.1.4    Threats
    14.2    Porter’s Five Forces Analysis
        14.2.1    Supplier’s Power
        14.2.2    Buyer’s Power
        14.2.3    Threat of New Entrants
        14.2.4    Degree of Rivalry
        14.2.5    Threat of Substitutes
    14.3    Key Indicators for Demand
    14.4    Key Indicators for Price
15    Competitive Landscape
    15.1    Market Structure
    15.2    Company Profiles
        15.2.1    Ascertia Ltd
            15.2.1.1    Company Overview
            15.2.1.2    Product Portfolio
            15.2.1.3    Demographic Reach and Achievements
            15.2.1.4    Certifications
        15.2.2    Adobe Inc.
            15.2.2.1    Company Overview
            15.2.2.2    Product Portfolio
            15.2.2.3    Demographic Reach and Achievements
            15.2.2.4    Certifications
        15.2.3    Gemalto N.V.
            15.2.3.1    Company Overview
            15.2.3.2    Product Portfolio
            15.2.3.3    Demographic Reach and Achievements
            15.2.3.4    Certifications
        15.2.4    Onespan Inc.
            15.2.4.1    Company Overview
            15.2.4.2    Product Portfolio
            15.2.4.3    Demographic Reach and Achievements
            15.2.4.4    Certifications
        15.2.5    Docusign Inc.
            15.2.5.1    Company Overview
            15.2.5.2    Product Portfolio
            15.2.5.3    Demographic Reach and Achievements
            15.2.5.4    Certifications
        15.2.6    Entrust Datacard 
            15.2.6.1    Company Overview
            15.2.6.2    Product Portfolio
            15.2.6.3    Demographic Reach and Achievements
            15.2.6.4    Certifications
        15.2.7    Signix 
            15.2.7.1    Company Overview
            15.2.7.2    Product Portfolio
            15.2.7.3    Demographic Reach and Achievements
            15.2.7.4    Certifications
        15.2.8    Secured Signing Limited 
            15.2.8.1    Company Overview
            15.2.8.2    Product Portfolio
            15.2.8.3    Demographic Reach and Achievements
            15.2.8.4    Certifications
        15.2.9    Identrust Inc. 
            15.2.9.1    Company Overview
            15.2.9.2    Product Portfolio
            15.2.9.3    Demographic Reach and Achievements
            15.2.9.4    Certifications
        15.2.10    Kofax Company
            15.2.10.1    Company Overview
            15.2.10.2    Product Portfolio
            15.2.10.3    Demographic Reach and Achievements
            15.2.10.4    Certifications
        15.2.11    Others
16    Key Trends and Developments in the Market


List of Key Figures and Tables

1.    Global Digital Signature Market: Key Industry Highlights, 2018 and 2032
2.    Global Digital Signature Historical Market: Breakup by Component (USD Million), 2018-2023
3.    Global Digital Signature Market Forecast: Breakup by Component (USD Million), 2024-2032
4.    Global Digital Signature Historical Market: Breakup by Deployment (USD Million), 2018-2023
5.    Global Digital Signature Market Forecast: Breakup by Deployment (USD Million), 2024-2032
6.    Global Digital Signature Historical Market: Breakup by Application (USD Million), 2018-2023
7.    Global Digital Signature Market Forecast: Breakup by Application (USD Million), 2024-2032
8.    Global Digital Signature Historical Market: Breakup by Region (USD Million), 2018-2023
9.    Global Digital Signature Market Forecast: Breakup by Region (USD Million), 2024-2032
10.    North America Digital Signature Historical Market: Breakup by Country (USD Million), 2018-2023
11.    North America Digital Signature Market Forecast: Breakup by Country (USD Million), 2024-2032
12.    Europe Digital Signature Historical Market: Breakup by Country (USD Million), 2018-2023
13.    Europe Digital Signature Market Forecast: Breakup by Country (USD Million), 2024-2032
14.    Asia Pacific Digital Signature Historical Market: Breakup by Country (USD Million), 2018-2023
15.    Asia Pacific Digital Signature Market Forecast: Breakup by Country (USD Million), 2024-2032
16.    Latin America Digital Signature Historical Market: Breakup by Country (USD Million), 2018-2023
17.    Latin America Digital Signature Market Forecast: Breakup by Country (USD Million), 2024-2032
18.    Middle East and Africa Digital Signature Historical Market: Breakup by Country (USD Million), 2018-2023
19.    Middle East and Africa Digital Signature Market Forecast: Breakup by Country (USD Million), 2024-2032
20.    Global Digital Signature Market Structure

Key Questions Answered in the Report

What was the global digital signature market size in 2023?

In 2023, the global digital signature market attained a value of nearly USD 2.82 billion.

What is the growth rate of the global digital signature market?

The market is projected to grow at a CAGR of 37.20% between 2023 and 2032.

What is the forecast outlook of the market for 2024-2032?

The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to reach about USD 18.82 billion by 2032.

What are the major market drivers?

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

What are the key trends of the market?

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

What are the major regional markets of digital signature, according to the EMR report?

The major regions in the global digital signature market are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.

What are the major components of digital signature in the market?

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

What are the significant deployment-types of digital signature?

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

What are the major applications of the product in the market?

BFSI, education, human resource, IT and telecommunication, government, healthcare and life science, and real estate, among others, are the major applications of the product in the market.

Who are the key market players according to the report?

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

Analyst Review

The global digital signature market attained a value of USD 2.82 billion in 2023, 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 2024-2032, growing at a CAGR of 37.20%. The market is projected to reach USD 18.82 billion by 2032.

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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