Digital Signature Market Analysis, Region & Country Revenue Share, & Forecast Till 2032
In 2022, the global digital signature market size was USD 5.95 Billion and predicted to rise at a CAGR of 42.1%. E-signatures to reduce signature forgery, controlled and smooth workflow, cloud-based security solutions, and AI advancements are growing market revenue. A secure virtual signature or seal, a digital signature uses mathematical methods to verify the authenticity and integrity of a digital file, message, or programme. Digital signatures prevent online fraud and forgeries. These verify electronic transactions, documents, and messages and inform consent. The U.S. recognises digital signatures. Asymmetric cryptography—public key cryptography—creates digital signatures. A public key algorithm generates two keys—public and private. Digital signatures verify these mathematically related keys. Sender encrypts signature data. Only sender's public key may decrypt this data. PKI encryption permanently seals documents with digital signatures. Online public and private services are signed with national electronic IDs. Customers trust eIDs. Digital signatures include a time and IP address audit trail.
Factors influencing the growth of the Digital Signature market and impacting the growth of the industry are studied extensively in the report. The report considers the COVID-19 pandemic as one of the key influencing factors of the Digital Signature market. The report discusses in detail the positive and negative impact of the pandemic on the Digital Signature industry. The supply chain disruptions and economic volatility have altered the dynamics of the Digital Signature industry. The report explores the effects of the pandemic on the market and its key segments and regions. It also offers a forecast estimation of the market growth in a post-COVID-19 scenario.
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Competitive Outlook: The leading companies operating in the Digital Signature market have been enumerated in this report. This section of the report lays emphasis on the geographical reach and production facilities of these companies. To get ahead of their rivals, the leading players are focusing more on offering products at competitive prices, according to our analysts.
Top Companies Operating in the Digital Signature Market and Profiled in the Report are:
Entrust, Actalis, Signority, Adobe, Thales, AlphaTrust, DocuSign, One Span, Global Sign, SigniFlow
Objectives of the Report:
Study of the global Digital Signature market size by key regions, types, and applications with reference to historical data (2017-2018) and forecast (2020-2027)
Industrial structure analysis of the Digital Signature market by identification of various sub-segments
Extensive analysis of key market players along with their SWOT analysis
Competitive landscape benchmarking
Analysis of Digital Signature market based on growth trends, futuristic outlook, and contribution to the total growth of the market
Analysis of drivers, constraints, opportunities, challenges, and risks in the global Digital Signature market
Comprehensive analysis of competitive developments such as expansions, agreements, new product launches, and other strategic alliances
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Segments Covered in this report are:
-
Component Outlook (Revenue, USD Billion; 2019–2032)
- Solutions
- Services
-
Deployment Mode Outlook (Revenue, USD Billion; 2019–2032)
- Cloud
- On-Premises
-
End-Use Outlook (Revenue, USD Billion; 2019–2032)
- BFSI
- Legal
- Real Estate
- Government
- Others
Regional Segmentation:
North America (U.S., Canada)
Europe (U.K., Italy, Germany, France, Rest of EU)
Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
Latin America (Chile, Brazil, Argentina, Rest of Latin America)
Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)
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