Digital Signature Market: Global Industry Analysis and Forecast 2016 - 2024

The digital signature is as good as handwritten signature and provide more security. It’s a mathematical technique used to check the authenticity of a message, software, and a digital document. The primary aim of digital signature is to solve the problem of impersonation and tempering in digital communication. 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. Digital signature works on the principle of cryptography technology.

Process of Digital Signature
Sender
Hash Algorithm
Hash Value
Sender Private Key
Signed Message
Signed Message
Sender Public Key
Hash Value
Receiver
A lot of forgery and tempering in the process of software distribution and financial transaction across world is creating strong need of digital signature. Digital signature helps sender of digital document to prove its authenticity. . Necessity of verifying digital documents in the areas such as contracts, patient consents, claims, policies, court documents, records, and cash management documents is driving the growth of global digital signature market. However, rules and regulations across the world concerning ambiguities associated with electronic signatures is one of the significant challenges experienced by digital signature market

Digital signature market on the basis of end-user:
SMBs:
With the digital evolution, SMBs are adopting paperless culture, due to which, digital signatures are playing vital role in their day-to-day operations. Electronic signature software enables SMBs to sign documents or send documents to clients in order to sign them from a web browser or a mobile device.

Interested in report: Please follow the below the links to meet your requirements; Request for the Report Brochure: http://www.persistencemarketresearch.com/samples/10574

Large Enterprises:
Large enterprises across the world are adopting cloud based digital signal platform that replaces hand-written signatures with electronic version and in turn simplifies business. The cloud based digital signature platform facilitate large enterprises to get access to faster time to revenue, greater coast saving, and also help their client to offer improved customer experience.

North America region is the largest market of digital signature mainly driven by supporting rules and regulations and growing financial and legal services firms in the countries such as the U.S. and Canada. In the Europe region, Directive 1999/93/EC for electronic signature was adopted by the European parliament in 1999. The adoption of the regulation with respect to use of the digital signature and related product and services laid the foundation for growth of the digital signature market in the region. Asia-Pacific region is also witnessing substantial growth in the adoption of digital signature primarily due to the growth in the BFSI sector and initiatives taken by various government of countries such as China and India to promote the use of digital technology.

DocuSign, Inc., Gemalto, Inc., Secured Signing Limited, SIGNiX, SignaShare, and Adobe Systems, Inc. are few of the leading players of global digital signature market.

About Us

Persistence Market Research (PMR) is a full-service market intelligence firm specializing in syndicated research, custom research, and consulting services. PMR boasts market research expertise across the Healthcare, Chemicals and Materials, Technology and Media, Energy and Mining, Food and Beverages, Semiconductor and Electronics, Consumer Goods, and Shipping and Transportation industries. The company draws from its multi-disciplinary capabilities and high-pedigree team of analysts to share data that precisely corresponds to clients’ business needs.

PMR stands committed to bringing more accuracy and speed to clients’ business decisions. From ready-to-purchase market research reports to customized research solutions, PMR’s engagement models are highly flexible without compromising on its deep-seated research values.

Contact

Persistence Market Research

305 Broadway

7th Floor, New York City,

NY 10007, United States,

USA - Canada Toll Free: 800-961-0353

Email: sales@persistencemarketresearch.com

Web: http://www.persistencemarketresearch.com

This release was published on openPR.