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Digital Signature Market Is Expected to Reach $3,410.8 Million by 2023
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Government sector contributes highest revenue to the digital signature market, while finance & insurance, IT and healthcare & life sciences are the other major application areas of digital signature industry. The market is likely to register fastest growth from healthcare & life sciences during the forecast period. On the other hand, cloud-based deployment accounts for the larger revenue, as compared to on-premises, and it is further expected to be the leading segment on account of growing adoption of cloud-based services and rising security concern.
Geographically, North America has been the largest digital signature market and Asia-Pacific has been the fastest growing regional market. The market in the region is also expected to grow at significant pace during the forecast period. By country, the U.S. stands as the largest market globally, whereas the market in China has been growing at highest pace.
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Some of the key players operating in the digital signature market are Adobe Systems Incorporated, Secured Signing Limited, SIGNiX Inc., Entrust Datacard Corporation, Ascertia, DocuSign Inc. and Gemalto NV.
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