Global Digital Signature Market (Size of USD $896.3 million in 2017) to Witness 28.1% CAGR During 20

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Industry Overview A digital signature uses an asymmetrical cryptography that is used for the purpose of documenting digtal message. This technology is extremely beneficial for solving interference related problem in digital impersonation and communication. They are extensively being used for the purpose by the business organizations to certify and support contents such as word documents, emails and PDFs. The global digital signature market is projected to contribute largest revenue of USD 5.1 billion by 2024 and is further expected to grow at a CAGR of 28.1% during the forecast period. The growth of this market is attributed towards structured workflow, greater security measures and deduced cost that leads to efficient operational efficiencies for the organizations. Explore Full Report Description at: https:// www.vynzresearch.com/ict-media/digital-signature-market


market segmentation  On the basis of solution, the market is segmented into hardware, software and services. Among all these segments, software segment is expected to witness fastest growth at a CAGR of 28.5% during the forecast period. The growth of this segment is attributed towards reduced transaction time and costs associated with this technology. Furthermore, increased application of this technology across different industries in order to improve efficiencies and enhance benefit of users is expected to further fuel the growth of the digital signature market.


Geographic Overview  Geographically, North America is the largest digital signature market with more than 40% revenue contribution to the global market in 2017 and the market is projected to witness significant growth in the coming years, owing to extensive growth opportunities observed due to flourishing demand of these signatures from legal and financial sector along with adhering of strict cyber regulatory reforms.  Furthermore, it has been observed that the Asia-Pacific digital signature market is expected to witness the highest growth owing to extensive adoption of this technology in various small and medium and large enterprises. Additionally, the government of India has implemented several measures in order to enhance the growth of digital signature market in this region.


Competition among key players  Some of the key players in the global digital signature industry are Adobe Systems, Inc, Ascertia, Microsoft Corporation, Docusign, Inc., Entrust Datacard Corp, Gemalto, Inc, IdenTrust, Inc, International Business solutions llc, Kofax Limited, Korea SYSTEM’s TECH Inc, Kotrade Inc, Right Signature LLC, Secured Signing Limited, Signix Inc and Oracle Corporation.


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