Digital Signature Market Market size, Industry outlook, Market Forecast, Demand Analysis, Market Share, Market Report 2022-2027
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• In 2017, the United Nations (UN) had reported that more than 401,000 documents were digitized, which happens to be only 13.4% share of the total documents that belong to the organization. • the digital signature market had a global market size of $1.2 billion as of 2018. Furthermore, the demand is poised to escalate at a profitable compound annual growth rate (CAGR) of 35.20% during the forecast period of 2019 to 2025.
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Key Takeaways
•The key application of digital signatures is in banking, financial services, and insurance (BFSI). •Digital signature has become an integral part of the cryptographic protocol and are used as electronic signatures which also employs asymmetric cryptography.
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Digital Signature Market Challenges – The challenges pertaining to the security of digitally signed documents are creating a drain in the revenues generated in the digital signature market. Target customers are demanding the most secure system for their important documents, and the forgeries in the digital signature market are dwarfing the digitalDigital Signature Market Challenges – The challenges pertaining to the security of digitally signed documents are creating a drain in the revenues generated in the digital signature market. Target customers are demanding the most secure system for their important documents, and the forgeries in the digital signature market are dwarfing the digital signature market size due to the reduced customer trust. Furthermore, some part of the world wherein digitalization hasn’t penetrated entirely happens to be an untapped digital signature marketplace. Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Digital Signature Market Industry Outlook • Adobe Inc., • DocuSign • Entrust Datacard • Ascertia • IdenTrust • Kofax Inc. • Rpost Technologies • and Esignlive by Vasco • OneSpan • Gemalto • Secured Signing Contact: (+1) 970-2363677 Email: sales@industryarc.com
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Digital Signature Market- Forecast(2022 - 2027)
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