Digital Signature Market Trends, and Forecast 2018 - 2026

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Digital Signature Market 2018 Share, Trend, Segmentation And Forecast To 2026 May 17, 2021

By Zaraki Kenpachi -

According to a new market report published by Transparency Market Research titled ‘Digital Signature Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,’ the global digital signature market was valued at US$ 804.8 Mn in 2017 and is expected to expand at a CAGR of 27.0% from 2018 to 2026, reaching a value of US$ 6,911.4 Mn by the end of the forecast period. According to the report, North America was a signi몭cant contributor to the digital signature market in terms of revenue in 2017. The prominent market share of the region is due to the high adoption of cloud technology and the presence of prominent digital signature vendors across the region, especially in the U.S. and Canada.

Request A Brochure – https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=B&rep_id=52026 Bene몭ts provided by the Solutions such as Organized Work몭ow and Improved Security are driving the Global Digital Signature Market The global digital signature market is currently driven by bene몭ts provided by the solutions such as organized work몭ow and improved security, which increase organizational e몭ciency. In regulated industries, such as pharmaceuticals; banking, 몭nancial services, and insurance (BFSI); and health care, it is extremely important that documents proceed in a secure and timely manner. With the adoption of digital signatures, work몭ow is organized through the speeding up of the approval process. Digital signatures also improve security through the addition of features such as traceability (time stamping), audit, and legal compliance and assure the integrity of documents. A consumer expects an organization to o몭er services irrespective of geography, channel, or time. With digital signature technologies, organizations can o몭er digital transaction services to customers anywhere, anytime, or on any device. This enhances customer experience. The enriched customer experience that can be provided with the help of digital signatures is one of the factors propelling the integration of digital signatures in organizations. Many times organizations are faced with economic uncertainty where they are forced to make tough decisions to optimize cost. One of the ways to achieve the same is by automating business processes with the implementation of digital signatures for a company’s internal processes as well as for communication with business customers and partners. A fully digital process for document signing reduces the cost associated with document transport, paperwork, printing, recording, scanning, and utilized man hours. Lack of awareness regarding the legality of digital signatures and di몭erences in digital signature regulations across various regions are some of the factors limiting the market. Government or industry association initiatives such as awareness programs for di몭erent industries could help raise awareness among consumers

about the legality of digital signatures. Open standard, cloud-based digital signatures, which can be integrated with existing applications, systems, or processes, making an end-to-end work몭ow organized and uninterrupted, present signi몭cant opportunities for the digital signature market. Digital Signature Market: Scope of the Report The global digital signature market has been segmented based on deployment, industry vertical, and geography. Based on deployment, the global digital signature market has been classi몭ed into on-premise and cloud. The on-premise segment held a prominent market share in 2017, contributing to signi몭cant market revenue. The cloud segment is expected to expand at a higher CAGR, thereby becoming the dominant revenue generating segment by 2026. This is mainly attributed to a rise in the level of digitization and increase in adoption of cloud computing technologies, especially across Asia Paci몭c and Europe. In terms of industry vertical, the market has been divided into BFSI, real estate, education, government, health care, retail, transportation, legal, and other (IT & telecom, non-pro몭t, etc.). Based on geography, the global digital signature market has been categorized into North America, Asia Paci몭c, Europe, South America, and Middle East & Africa. The market in North America is expected to maintain its dominant position throughout the forecast period. However, Asia Paci몭c and Europe are also anticipated to constitute signi몭cant market share in the coming years. Global Digital Signature Market: Competitive Dynamics Key players operating in the global digital signature market include Adobe systems, Inc., DocuSign Inc., Gemalto N.V., Entrust Datacard Corporation, OneSpan (Esignlive), SIGNiX, Inc., Ascertia, Identrust, Inc., Kofax Inc., Rpost, and Secured Signing Ltd.. The digital signature market has been segmented as below: Market Segmentation: Global Digital Signature Market By Deployment On-premise

Cloud By Industry Vertical BFSI Real Estate Education Government Health Care Retail Transportation Legal Other (IT & Telecom, Non-pro몭t, etc.) Have any query? Inquiry about report at: https://www.transparencymarketresearch.com/sample/sample.php? 몭ag=EB&rep_id=52026 About Us Transparency Market Research (TMR) is a global market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather and analyze information. Our data repository is continuously updated and revised by a team of research experts, so that it always re몭ects the latest trends and information. With a broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Contact Transparency Market Research 90 State Street, Suite 700

Albany, NY 12207 Tel: +1-518-618-1030 USA – Canada Toll Free: 866-552-3453 Website: www.transparencymarketresearch.com Email: sales@transparencymarketresearch.com Previous articleNeural Network Software Market: Industry Size, Growth, Analysis and Forecast To 2025 Next articleOffshore Structural Analysis Software Market Outlook to 2026: Emerging Trends And Will Generate New Growth Opportunities Status

Zaraki Kenpachi