Press release
Digital Signature Software Analysis By Manufacturers Cryptolog SAS, Vasco Data Security International,Integrated Media Management, RightSignature
Digital signature is a technology that assures the contents of the message have not been altered in transit. In layman's term, digital signature validates the legitimacy and integrity of a message, digital content or software. It is typically used as encryption measure or password to ensure safety and integrity of files, confidential information, data, and documents during exchange between various entities parties. Various countries such as the U.S., Brazil, Saudi Arabia, India, Indonesia, Switzerland, and other European countries consider electronic signature as legally significant. Digital signature is a part of electronic signature as it is also in electronic form. However, digital signatures offers more in terms of providing security and integrity of information etc.The global digital signature software market was estimated to account for US$ 990.6 Mn in terms of value in 2019.
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North America accounts for the largest revenue share for digital signature and its adoption is driven by supplementary rules and regulations combined with number of financial and legal services firms in countries such as the U.S. and Canada. For instance, many legislations have been introduced in North America such as technology-neutral legislation, which is generally used to deal with electronic documents and signatures. It is designed to limit the negative factors through technical standards. Furthermore, in August 2016, California Assembly Bill 2296 (CA AB2296) was signed clarifying that digital signature can be used to satisfy the requirements of an electronic signature under the Uniform Electronic Transactions Act, which states that a signature or record may not be denied legal effect or enforceability. Hence, these factors are expected to boost the global digital signature software market growth over the forecast period.
North America region dominated the global digital signature software market in 2018, accounted for 36.2% share in terms of value, followed by Europe, Asia Pacific, Latin America, and MEA, respectively.
The main key players in the industry are-
Cryptolog SAS, Vasco Data Security International, Inc., Integrated Media Management LLC, RightSignature LLC, Secured Signing Limited, Sertifi Inc., Comsigntrust Ltd., Identrust Inc., Ascertia Ltd., and Entrust Datacard Corporation.
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What does all the regional segmentation cover? Can the country of specific interest be added?
Currently, the research report pays particular attention to the following regions:
North America (United States, Canada, Mexico), Europe (Germany, United Kingdom, France, Italy, Russia, Spain, etc.), South America (Brazil, Argentina, etc.) and Middle East and Africa (Saudi Arabia, South Africa, etc.)
** A country of specific interest can be included at no additional cost. For the inclusion of more regional segments, quotes may vary.
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