Digital Signatures Market Analysis, Status and Business Outlook 2020 to 2027 | SunGard Signix Inc, DocuSign, Silanis-eSignLive, SafeNet, Inc., ePadLink, Topaz systems, Ascertia

This report discusses many vital industry facets that influence Global Digital Signatures  industry acutely which includes extensive study of competitive edge, latest advancements, region-wise industry environment, contemporary market and manufacturing trends, leading market contenders, and current consumption tendency of the end user. The report also oversees market size, market share, growth rate, revenue, and CAGR reported previously along with its forecast estimation. The impact of the COVID-19, and also forecasts its recovery post-COVID-19. The report also presents forecasts for Sodium-ion Battery investments from 2021 till 2026.

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The digital signatures market registered a CAGR of 21.5%, during the forecast period 2021-2026.

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: SunGard Signix Inc, DocuSign, Silanis-eSignLive, SafeNet, Inc., ePadLink, Topaz systems, Ascertia, DigiStamp, Inc, GMO GlobalSign, Inc., RightSignature, HelloSign, Wacom

News and Updates

June 2019 - Alankits subsidiary Verasys Technologies has entered into the electronic signature space to provide secure e-Sign service under the brand name Vsign.

April 2019 - eMudhra unveiled the new version of eSign services (version 3.0), that offer users an innovative way to sign documents in no time using cloud-based electronic signatures generated via offline e-KYC mechanism.

April 2019 - The ETSI technical committee on Electronic Signature Infrastructure (TC ESI) released a set of three Technical Specifications for cloud-based digital signatures supporting mobile devices. This new set of standards supports the creation of digital signatures in the cloud, facilitating digital signature deployment by avoiding the need for specialized user software and secure devices.

Market Overview

The digital signatures market registered a CAGR of 21.5%, during the forecast period 2021-2026. Enterprises are shifting from traditional signatures to digital signatures because it reduces the risk of legal disputes and provides stronger evidence.

- There is a consistent need for data security while transmission of sensitive information. Due to the boom of e-commerce and online banking it was necessary for companies to secure their networks to gain customers' confidence.It has led to greater and faster rate of adoption rates of digital signatures, which act as the sender's personal seal of authenticity over any electronic document.
- Using digital signature involves obtaining the public and private key as well as the digital certificate by paying additional amount of money. This might create financial hindrance for small and medium enterprises.

Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7

Cloud
On-premises

Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8

Healthcare
Oil and Gas
Military and Defense
Logistics and Transportation
Research and Education

Regional Analysis

- In the European Union, specific regulation on electronic identity and trust services has been created, commonly known as "the eIDAS Regulation". This regulation facilitates the recognition of electronic identification schemes across borders.
- In September 2018, eIDAS sample implementation for member states was released in which changes like usage of simple DSI keys in SAML messages was introduced.
- European Commission has been active both on setting the policy rules and in helping the European Union member states set up the technical infrastructure to implement eIDAS.
- Moreover, Cloud Signature Consortium is a 20-member organization based out of Brussels. It works to bring together leading players in the industry to effectively simplify and streamline the digital signing experience on the cloud and includes companies like Adobe, Digicert, and Safelayer.

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Digital Signatures Analysis and Strategies Carry Out as below:

The report elucidates a gist of the tried-and-tested as well as innovative strategies undertaken by potential stakeholders with regards to the marketing of the product.
The sales channels chosen (that include direct as well as indirect marketing) by the companies are briefly enumerated in the Digital Signatures market report.
The distributors of these products and a gist of the top-of-the-notch customers for the same are also encompassed in the study.
The report is inclusive of the pivotal driving forces influencing the commercialization landscape of the Digital Signatures market and their impact on the revenue scale of this business sphere.
The rising product demand from the key geographies as well as the pivotal applications and potential business arenas are also included in the Digital Signatures Market report.

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Note: All the reports that we list have been tracking the impact of COVID-19 on the market. Both upstream and downstream of the entire supply chain has been accounted for while doing this. Also, where possible, we will provide an additional COVID-19 update supplement/report to the report in Q3, please check for with the sales team.

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MarketInsightsReports provides syndicated market research on industry verticals including Healthcare, Information, and Communication Technology (ICT), Technology and Media, Chemicals, Materials, Energy, Heavy Industry, etc. MarketInsightsReports provides global and regional market intelligence coverage, a 360-degree market view which includes statistical forecasts, competitive landscape, detailed segmentation, key trends, and strategic recommendations.

This release was published on openPR.