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Digital Signature Market Growth, Trends, Analysis and Industry Forecast 2014-2022 | Key Players include Ascertia, Adobe Systems, Inc., DocuSign, Entrust Datacard Group

05-21-2019 08:08 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: ReportsWeb

Digital Signature Market

Digital Signature Market

Digital Signature Market Report states that the global market size was valued at $517 million in 2015, and is expected to reach $3,440 million by 2022. The software segment is expected to dominate the global market during 2016-2022. The digital signature industry in North America accounted for 38% share of the global market in 2014, while the European market is expected to witness significant growth rate during the forecast period.

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Digital signature is a mathematical technique, which is used to prove the authenticity of an electronic document or message such as e-mails, word file, PDF, and others. Digital signature is used in enterprises to increase operational competency, reduce turnaround time, reduce upfront cost, and improve efficiency. Furthermore, increase in smartphone penetration, surge in online transactions for banking, e-commerce, and other activities, and aggrandized need for data security & authentication have fueled the market growth. However, resistance to adapt existing applications or systems to implement digital signature and high costs of investment hamper the market growth.

The Major players reported in the market include:
Adobe Systems, Inc.
Entrust Datacard Group
eSignLive by VASCO
Gemalto N.V.
IdenTrust Inc.
Kofax Limited (A Lexmark Company)
RPost Technologies
Secured Signing Limited

In-depth analysis of the global digital signature market is provided in the report to understand the market dynamics.
Quantitative analysis of the current trends and future estimations for the period of 2014-2022 is provided to assist strategists and stakeholders to capitalize on the prevailing opportunities.
Porter's Five Forces analysis examines the competitive structure of the digital signature industry, and provides a clear understanding of the factors that influence the market entry and expansion.
A detailed analysis of the geographical segments enables identification of profitable segments.
Comprehensive analyses of the trends, sub-segments, and key revenue pockets are provided in the report.
Detailed analyses of the key players and their business strategies are anticipated to assist stakeholders to take informed business decisions.
Profile analyses of leading players operating in the digital signature industry are provided in the report, which highlight the major developmental strategies adopted by these companies such as mergers & acquisitions, expansions, and new product launches.

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By component

By deployment type
By industry vertical
Human resource
IT & telecommunication
Healthcare & life science
Real estate

By Geography
North America

Key Findings of the Digital Signature Market:
The software segment dominated the overall digital signature market, in terms of revenue, and is projected to grow at a CAGR of 30.7% during the forecast period.
The cloud-based digital signature market dominated the global market in 2014, and is anticipated to grow at the highest CAGR from 2016 to 2022.
The hardware segment generated the maximum revenue in 2014, and is anticipated to grow at a CAGR of 28.8%.
The BFSI segment generated the highest revenue in 2014, and is estimated to maintain its dominance during the forecast period.
In 2014, North America was the dominant region. Europe is projected to grow at the highest CAGR, with the UK market being the major contributor.


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Organization: ReportsWeb
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