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Digital Signature Market by Solution, Services, Deployment, Application and Region - Global Forecast to 2021

Digital Signature Market: Global Forecast until 2021

  • January 2017
  • 151 pages
  • ID: 4655402
In this report:
The table given below highlights the digital signature market size by component in the U.K. The services segment is expected to grow at the highest CAGR of ##.##%, from USD ##.## million in 2016 to USD ##.## million in 2021.
The table given below highlights the digital signature market size by component in the U.S. The services segment is expected to grow at the highest CAGR of ##.##%, from USD ##.## million in 2016 to USD ##.## million in 2021.

Summary

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"The increasing demand for digital signature applications, strategic business processes, and the need for securing transactions are driving the digital signature market"

The digital signature market size is forecasted to grow from $662.70M in 2016 to $2657.00M by 2021, at an estimated Compound Annual Rise rate of 32.00 percent from 2016 to 2021. The digital signature market is influenced by factors, including the growing need for securing transactions and authenticating identity. Nevertheless, the digital signature market lacks awareness regarding legality of digital signatures.

"The cloud-based deployment mode is planned to have the largest portion of market share during the estimate period"

Cloud-based deployment mode is intended to have the largest part of market share during the outlook period. The cloud-based deployment mode offers digital signature solutions to end-users by reducing the operational cost of implementation. The cloud-based system implies network data exchange between the signer and signing-enabled cloud environment. Moreover, the cloud allows firms to offer multi-channel signatures. It also helps reduce the use of paper, by busing digital signature resources.

"North America continent is forecasted to have the biggest share of the market; because, Asia Pacific (APAC) is projected with the maximum growth rate"

North America (NA) is forecasted to hold the biggest market share in 2016, while Europe (EU) is the quickest-increasing, in terms of Compound annual growth rate. Elements such as the need for secure reliable transactions, authenticating the identity of users over digital network, and the new release of regulations for electronic signatures by the European Electronic Messaging Association are driving the adoption of digital signature solutions in EU.

In the process of finding out and checking the market value for various segments and sub-segments collected by secondary research, extensive primary audit sessions were managed with main people. The break-up profiles of primary participants is presented below:

- By Company Type: Tier 1 - 12.0 percent, Tier 2 - 32.0 percent, and 1/3 3 - 56.0 percent

- By Description: C-suite - 16.0 percent, D-level - 33.0 percent, and Others - 51.0 percent

- By area: North america (NA) - 25.0 percent, Europe - 49.0 percent, APAC - 15.0 percent, and RoW- 11.0 percent

Digital signature has enabled improved transactions, including better security and authentication of user identity. The growing demand for digital signature among Small and Medium Enterprises has further enhanced the industry demand for the sector across many verticals.

6. Entrust Datacard Corp. (Minneapolis, Minnesota, United States (US))

7. eSignLive

8. RPost Technologies

9. Kofax Limited (Irvine, California (US-CA), United States (USA))

10. DocuSign (San Francisco, California (US-CA), USA)

11. IdenTrust, Inc.

Segment Research

- The industry report aims to analyze the digital signature market broken down on the basis of components, deployment types, technology services, verticals, and territories.

- It analyses the opportunities for partners through the study of the competitive landscape in the digital signature market

- It offers industry insights on core competencies and main increase strategies of firms in the digital signature market

- The study offers forecast of the market size of the digital signature market and its several submarkets with respect to five regions, that is, North America continent, Asia-Pac, Europe (EU), Middle East (ME) & African continent, and Latin America area.

Reasons to acquire this industry report:

From an insight prospect, this market research has emphasized several levels of analysis - industry, market share research of top players, supply chain research, and company descriptions, which together comprises and discusses the basic overviews on the competitive landscape, the emerging & high-growth segments of the digital signature market, high-growth areas, and sector drivers, market restraints, & alternatives.

This study furnishes highlights on the following points:

- Business entry: Exhaustive information on digital signature provided by key players in the overall digital signature market

- Product improvement/Innovative products: In-depth understanding on up-on-coming technologies, analysis & growth activities, and recent product launches in the digital signature market

- Industry development: Highlighted information about profitable emerging sectors - the market research examines the industries for digital signature across localities

- Industry diversification: Complete information about recent products, untapped areas, recent evolutions, and market investments in the overall digital signature market

- Opposing assessment: Detailed assessment of market shares, strategies, products, and manufacturing competences of the key players in the overall digital signature market

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