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Global Digital Signature Market is valued approximately at USD 2.1 billion in 2019 and is anticipated to grow with a healthy growth rate of more than 31.0% over the forecast period 2020-2027. Digital signature is dependent on encryption and decryption methods and is used for validation and authentication of digital document, software, or an electronic message including e-mails, word documents, and portable document format. It consists of digital ID that involves a private key (given to the file) and a public key (functions as a digital document’s digital signature with “hash” that confirms the identity and tracks modifications related to the document). The increasing investments in electronic documents by governments and enterprises, upgrade in end-to-end customer experience, enhanced security with a controlled and seamless workflow and improved operational efficiency at lower OPEX are the factors responsible for the growth of Digital Signature Market over the forecast period. For example, there is a possibility of modification in paper document after being signed, its virtually impossible to modify or manipulate the digital signature. Thus, assuring authenticity of data which will further drive the market growth. Furthermore, the rising advancements and other strategic alliance by market key players will create a lucrative demand for this market. For instance: on 27th August 2020, DocuSign and Workplace by Facebook integrated digital signature workflows into chat and social platform, mainly focused on its agreement of Cloud amid digital transformation efforts and remote work. Also, in July 2020, Vitro and Thales entered into a partnership which enables Thales to offer efficient digital services using Votiro’s Secure File Gateway product line including Email and Web Applications, to protect North American government agencies from all file-borne threats. However, lack of awareness about the legality of digital signatures is the major factor restraining the growth of global Digital Signature market during the forecast period.
The regional analysis of global Digital Signature Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. Europe is the leading/significant region across the world in terms of market share owing to the growing adoption advanced technologies, awareness related to digital signature is being widely addressed in Europe and is further emphasized by strong government regulations. Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR over the forecast period 2020-2027.
Major market player included in this report are:
Adobe Inc.
OneSpan
Thales Group
DocuSign, Inc.
IDEMIA
Ascertia
Zoho Corporation
GlobalSign
Entrust Datacard
DigiCert, Inc.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Component:
Solutions
Services
Deployment Mode:
On-Premises
Cloud
By Organization Size:
Large Enterprises
Small and Medium-Sized Enterprises
By Solutions:
Software
Hardware
By Vertical:
BFSI
Government and Defense
Healthcare and Life Sciences
Legal
Real Estate
Education
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2017, 2018
Base year – 2019
Forecast period – 2020 to 2027
Target Audience of the Global Digital Signature Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2018-2027 (USD Billion)
1.2.1. Digital Signature Market, by Region, 2018-2027 (USD Billion)
1.2.2. Digital Signature Market, by Component, 2018-2027 (USD Billion)
1.2.3. Digital Signature Market, by Deployment Mode, 2018-2027 (USD Billion)
1.2.4. Digital Signature Market, by Organization Size, 2018-2027 (USD Billion)
1.2.5. Digital Signature Market, by Solutions, 2018-2027 (USD Billion)
1.2.6. Digital Signature Market, by vertical, 2018-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Digital Signature Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Digital Signature Market Dynamics
3.1. Digital Signature Market Impact Analysis (2018-2027)
3.1.1. Market Drivers
3.1.2. Market Challenges
3.1.3. Market Opportunities
Chapter 4. Global Digital Signature Market: Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2017-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global Digital Signature Market, by Component
5.1. Market Snapshot
5.2. Global Digital Signature Market by Component, Performance – Potential Analysis
5.3. Global Digital Signature Market Estimates & Forecasts by Component 2017-2027 (USD Billion)
5.4. Digital Signature Market, Sub Segment Analysis
5.4.1. Solutions
5.4.2. Services
Chapter 6. Global Digital Signature Market, by Deployment Mode
6.1. Market Snapshot
6.2. Global Digital Signature Market by Deployment Mode, Performance – Potential Analysis
6.3. Global Digital Signature Market Estimates & Forecasts by Deployment Mode 2017-2027 (USD Billion)
6.4. Digital Signature Market, Sub Segment Analysis
6.4.1. On-Premises
6.4.2. Cloud
Chapter 7. Global Digital Signature Market, by Organization Size
7.1. Market Snapshot
7.2. Global Digital Signature Market by Organization Size, Performance – Potential Analysis
7.3. Global Digital Signature Market Estimates & Forecasts by Organization Size 2017-2027 (USD Billion)
7.4. Digital Signature Market, Sub Segment Analysis
7.4.1. Large Enterprises
7.4.2. Small and Medium-Sized Enterprises
Chapter 8. Global Digital Signature Market, by Solutions
8.1. Market Snapshot
8.2. Global Digital Signature Market by Solutions, Performance – Potential Analysis
8.3. Global Digital Signature Market Estimates & Forecasts by Solutions 2017-2027 (USD Billion)
8.4. Digital Signature Market, Sub Segment Analysis
8.4.1. Software
8.4.2. Hardware
Chapter 9. Global Digital Signature Market, by vertical
9.1. Market Snapshot
9.2. Global Digital Signature Market by vertical, Performance – Potential Analysis
9.3. Global Digital Signature Market Estimates & Forecasts by vertical 2017-2027 (USD Billion)
9.4. Digital Signature Market, Sub Segment Analysis
9.4.1. BFSI
9.4.2. Government and Defence
9.4.3. Healthcare and Life Sciences
9.4.4. Legal
9.4.5. Real Estate
9.4.6. Education
9.4.7. Others
Chapter 10. Global Digital Signature Market, Regional Analysis
10.1. Digital Signature Market, Regional Market Snapshot
10.2. North America Digital Signature Market
10.2.1. U.S. Digital Signature Market
10.2.1.1. Component breakdown estimates & forecasts, 2017-2027
10.2.1.2. Deployment Mode breakdown estimates & forecasts, 2017-2027
10.2.1.3. Organization Size breakdown estimates & forecasts, 2017-2027
10.2.1.4. Solutions breakdown estimates & forecasts, 2017-2027
10.2.1.5. vertical breakdown estimates & forecasts, 2017-2027
10.2.2. Canada Digital Signature Market
10.3. Europe Digital Signature Market Snapshot
10.3.1. U.K. Digital Signature Market
10.3.2. Germany Digital Signature Market
10.3.3. France Digital Signature Market
10.3.4. Spain Digital Signature Market
10.3.5. Italy Digital Signature Market
10.3.6. Rest of Europe Digital Signature Market
10.4. Asia-Pacific Digital Signature Market Snapshot
10.4.1. China Digital Signature Market
10.4.2. India Digital Signature Market
10.4.3. Japan Digital Signature Market
10.4.4. Australia Digital Signature Market
10.4.5. South Korea Digital Signature Market
10.4.6. Rest of Asia Pacific Digital Signature Market
10.5. Latin America Digital Signature Market Snapshot
10.5.1. Brazil Digital Signature Market
10.5.2. Mexico Digital Signature Market
10.6. Rest of The World Digital Signature Market
Chapter 11. Competitive Intelligence
11.1. Top Market Strategies
11.2. Company Profiles
11.2.1. Adobe Inc.
11.2.1.1. Key Information
11.2.1.2. Overview
11.2.1.3. Financial (Subject to Data Availability)
11.2.1.4. Product Summary
11.2.1.5. Recent Developments
11.2.2. OneSpan
11.2.3. Thales Group
11.2.4. DocuSign, Inc.
11.2.5. IDEMIA
11.2.6. Ascertia
11.2.7. Zoho Corporation
11.2.8. GlobalSign
11.2.9. Entrust Datacard
11.2.10. DigiCert, Inc.
Chapter 12. Research Process
12.1. Research Process
12.1.1. Data Mining
12.1.2. Analysis
12.1.3. Market Estimation
12.1.4. Validation
12.1.5. Publishing
12.2. Research Attributes
12.3. Research Assumption
The study of the market is incorporated by extensive primary and secondary research conducted by the research team at OMR. Secondary research has been conducted to refine the available data to breakdown the market in various segments, derive total market size, market forecast, and growth rate. Different approaches have been worked on to derive the market value and market growth rate. Our team collects facts and data related to the market from different geographies to provide a better regional outlook. In the report, country-level analysis is provided by analyzing various regional players, regional tax laws and policies, consumer behavior, and macro-economic factors. Numbers extracted from secondary research have been authenticated by conducting proper primary research. It includes tracking down key people from the industry and interviewing them to validate the data. Our analysts contact company executives, managers, key opinion leaders, and industry experts. This enables our analyst to derive the closest possible figures without any major deviations in the actual number.
Primary Research Sources:
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