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Global Digital Signature Market by Latest Trend, Share Growth, Analysis, Size, Application and Forecast to 2024
Press release from: Data Bridge Market Research
The Global Digital Signature Market accounted for USD 702.1 million in 2016 growing at a CAGR of 33.4% during the forecast period of 2017 to 2024. The upcoming market report contains data for historic year 2014, 2015, the base year of calculation is 2016 and the forecast period is 2017 to 2024.
Global Digital Signature Market, By Geography; Component (Solutions, Services); Deployment Model (On-premises, Cloud-based); Vertical (Human Resources, Education & Research, BFSI, Government & Defense, Healthcare & Life Sciences, Legal, Real Estate, Manufacturing & Engineering) – Industry Trends and Forecast to 2024
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Digital Signature is an electronic form of signature in order to validate the authenticity and integrity of an electronic document. Electronic document can be spreadsheet, text or a file. It is widely applicable in human resources, education & research, BFSI, government & defense, healthcare & life sciences, legal, real estate, manufacturing & engineering, and others. Improved operational efficiency and improved security may act as the major driver in the growth of digital signature market. On the other side, lack of awareness about the legality of digital signature may hinder the market.
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Major Market Drivers & Restraints:
• Improved operational efficiency and lower OPEX
• Enhanced end-to-end customer experience
• Improved security and controlled workflow
• Scattered regulations and insufficient cross-country recognition
• Lack of awareness
On The Basis Of Component: - solutions, and services. The solutions segment is further sub segmented into hardware, and software. The services segment is further sub segmented into managed services and professional services.
On the basis of deployment model: - on-premises, and cloud-based.
On the basis of application: - human resources, education & research, banking, financial services and insurance, government and defense, healthcare and life sciences, legal, real estate, manufacturing and engineering, and others.
On the basis of geography, the global digital signature market report covers data points for 28 countries across multiple geographies such as North America, South America, Europe, Asia-Pacific, and Middle East & Africa. Some of the major countries covered in this report are U.S., Canada, Germany, France, U.K., Netherlands, Switzerland, Turkey, Russia, China, India, South Korea, Japan, Australia, Singapore, Saudi Arabia, South Africa, and Brazil among others. In 2017, North America is expected to dominate the market.
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Major Market Competitors:
Some of the major players of the global digital signature market are Adobe Systems Software Ireland Ltd., Gemalto NV, Ascertia, eSignLive by VASCO, Secured Signing Limited, SIGNiX, Entrust Datacard Corporation, RPost, Kofax Inc, DocuSign Inc., Identrust, Inc., Arthur D. Little, Shachihata Inc, and others.
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This release was published on openPR.
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