Table of Contents
Global Certificates Market : The Road to Digital Signature
Identity management, strong authentication, and data protection have emerged as important security components for both public sector and enterprise organizations. The explosion of digital data and the need to control access to digital services and networks have put public key infrastructure (PKI)-based services at the heart of the security environment. PKI is not a new technology; it has been implemented in many organisations to improve control over physical and logical access. Implementation is often not straightforward, while integration with existing systems can be problematic.
As a result of high costs (installation plus total cost of ownership), widespread commercial rollout of PKI has not yet been evident. Technological evolution — in particular the rise of cloud-based services — facilitates PKI integration, and the associated cost is lower than with a standalone application as it is shared between users. Pricing strategies can be based on either a pay-per-use or subscription model and on-demand services.
With this approach, companies can focus on their core activities and subcontract security management. Globally, states and companies are trying to facilitate business evolution and modernize the way they interact with clients or citizens. From this perspective, digital signature appears as an undisputed benefit that PKI could provide. Today, digital signatures are used for specific purposes; early adopters include banking, financial services, and insurance; governments; and sales departments.
Get Industry Insights. Simply.
Talk to Ahmad
+1 718 618 4302
“The growing demand for digital signature applications, strategic business processes, and the need for securing transactions are driving the digital signature market” The digital signature market ...
According to Stratistics MRC, the Global Digital Signature Market is accounted for $662.4 million in 2016 and expected to grow at a CAGR of 30.0% to reach $3209.4 million by 2022. Factors like increasing ...
The Global Digital Signatures Market is valued at USD 659.16 million in 2016 and is expected to reach a value of USD 3065.96 million by the end of 2022, growing at a projected CAGR of 29.2 % during the ...