Press release
Digital Signature Market Estimated to Rise Profitably with $9861.65 Million during 2018 – 2026 | Global Key Players (Sony, Panasonic, LG Display, Kofax Limited (A Lexmark Company), Gemalto N.V., Signix, Secured Signing Limited, Rpost Technologies, Ident
Global Digital Signature Market is accounted for $899.96 million in 2017 and is expected to reach $9861.65 million by 2026 growing at a CAGR of 30.4% during the forecast period. Improved end-to-end customer experience, enhanced security & controlled workflow and increase in adoption of cloud based solutions are some of the factors boosting the market growth.
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Digital signatures are mathematical techniques used to validate a digital document, message or software, using asymmetric cryptography. The technology primarily solves the problem of interference in digital communication and impersonation. Digital signature contains each information of digital document so that an end user can easily find out source, identity, and status of an electronic document. Electronic documents are protected by encryption at sender's end. To retrieve the data in the document, receiver is authorized with digital signature to decrypt data.
Top Players:
Some of the key players profiled in the Digital Signature Market include Samsung Electronics Co., Ltd., Sony Corporation, Panasonic Corporation, LG Display Co., Ltd, Kofax Limited (A Lexmark Company), Gemalto N.V., Signix, Inc., Secured Signing Limited, Rpost Technologies, Identrust, Inc, Esignlive by Vasco, Entrust Datacard Corporation, Docusign, AU Optronics Corp., Ascertia, Adobe Systems, Inc and Adflow Networks.
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Market Segmentation
By Deployment Model, on-premises segment is estimated to have a substantial growth during predicted period due to it offers more flexibility and control over enterprises and can be regulated by clients themselves. Based on geography, North America is expected to dominate the market during the forecast period due to the increase of the financial & legal services sector and strict cyber laws. Europe is estimated to be the fastest-growing market during the forecast period owing to the electronic signature system, increasing need for reliable & safe transactions and authenticating user identity over a digital network.
Applications Covered:
• Banking, Financial Services, and Insurance
• Sales & Marketing
• Education and Research
• Government and Defense
• Healthcare and Life Sciences
• Human Resources
• Industrial
• Energy & Utilities
• IT & Telecommunication
• Legal
• Retail & Manufacturing
• Real Estate
• Logistics and Transportation
• Oil & Gas
• Institutional
• Commercial
Regions Covered:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
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