Global Digital Signature Market Report By Component (Solution, Services), By Deployment Mode (Cloud, On-premises), By Industry Vertical (BFSI, Government and Defense, Healthcare and Life Sciences, Legal, Real Estate, Education, Others) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2020-2027

ID:VMR11214479
March 2021
Report Formats:

Global Digital Signature Market Overview
The key driver impacting the digital signature market is the growing government initiatives and the transition toward digitalization. For instance, in 1998, the United Nations began its digitization program to preserve fragile UN documents and provide online access to people worldwide. As of Mar. 2017,  around 401,000 UN documents have been digitized, which accounts for 13.4% of the important documents of UN that are identified as in need of urgent digitization. There are certain laws in the U.S. that allow digital legalize digital signatures, for instance, Electronic Signatures in Global and National Commerce Act (ESIGN) 2000 and Uniform Electronic Transactions Act (UETA) 1999, which mandates that digital signatures can’t be refused legal validity and enforceability.  Moreover, the growing need for improved security with a controlled and seamless workflow contributes to market growth.

According to Value Market Research, the global digital signature market size was valued at around USD 2750 million in 2020 and is projected to grow at a CAGR of about 30% during the forecast period 2021 to 2027.

The growing e-commerce sector is estimated to augment digital signature demand in the forecast period. For instance, the UN’s the trade and development body(UNCTA- 2020) report shows that global e-commerce sales account for $25.6 trillion in 2018, which increased by 8% from 2017. There were around 1.4 billion people who shopped online in 2018. The countries like China, the US, and the UK lead e-commerce sales to consumers. B2C e-commerce was recorded at $4.4 trillion, rose by 16% from 2017. Adopting digital signature technology in e-business can lead to higher efficiency, stronger partner­–client relationships, and better supply chain integration. However, the variation in digital signature rules and regulations across regions may hamper the global digital signature market in the long run. Also, lack of knowledge regarding the legality of digital signature and firmly fixed traditional business practices negatively impacts the market. The current industry trends, such as integrating blockchains in digital signatures and advancement in digital technology, are expected to provide market players with new market opportunities.

The digital signature market is vast, with many local and global players. The digital signature market is extensive, with many local and international players. The key leaders follow different strategies to advance their market position, such as amalgamation, contracts, extending product portfolio, product upgrades, and acquisitions, to augment their market share across the globe. For instance, In July 2020, Adobe improved its’ new product, named Adobe Sign. Adobe Sign customers that manage their user entitlement by means of the Adobe Admin Console can now assign foremost authority to individual users in the Adobe Sign product profile. The significant players studied in the report are Adobe, Thales, OneSpan, DocuSign, Ascertia, Idemia, Zoho, Entrust Datacard, GlobalSign, Identrust, and Digicert.

Global Digital Signature Market Share

In this research report, the digital signature market is segmented by component, deployment mode, industry vertical, and region.

Analysis by Component:
By component, the report is segmented into the solution (software and hardware) and services. The solution dominates the component segment with a 55% share in 2020. The growing usage of software solutions as it can easily be integrated into organization software such as customer relationship management (CRM), enterprise resource planning (ERP), and others leads to its high adoption in large enterprises. Moreover, the providers in the market focus on delivering encryption software, PKI solutions, email encryption solutions, and APIs to help end-users securely sign documents \drives demands for software components in the forecast period.

Analysis Deployment Mode:
By deployment model, the report is segmented into cloud-based and on-premise. The on-premise sector dominates the deployment mode segment with a 60% share in 2020. It is due to the high adoption of digital signature solutions by large organizations as such organizations can afford to manage dedicated servers, typically deploy on-premises solutions. Moreover, the on-premises deployment type provides high flexibility, better control over systems and data and requires only one-time investment thus, driving demand for the on-premise deployment model in the forecast period.

Analysis by Industry Vertical:
By industry vertical, the report is categorized into BFSI, government and defense, healthcare and life sciences, legal, real estate, education, and others. There is a considerable growth of the BFSI segment observed in the forecast period. It is due to the enterprises in the BFSI vertical is going through the digital transformation at every level with quickly changing customer demands. Moreover, the growing usage of online services, such as internet banking, mobile banking, and stock trading, with a high focus on understanding digital consumer preferences, behavior, and choices through customer-centric business applications contributing to the vast market demand from the BFSI sector in the forecast period.

Analysis by Region:
In the regional outlook of the global digital signatures market, the North America region dominates with over 30% market share during the forecast period. It is due to the rapid digitalization in the various countries of North America such as Canada, the US, Mexico, and others. Moreover, the stable economy and the accessible digital infrastructure in North America allow MMEs and SMEs to digitize their transactions with the augmented practice of digital signatures in various legislation in the region, is contributing to the high demand for digital signatures across North America.

Market Segmentation covered in the Report:\
By Component:
  • Solution
  • Services
By Deployment Mode:
  • Cloud
  • On-premises
By Industry Vertical:
  • BFSI
  • Government and Defense
  • Healthcare and Life Sciences
  • Legal
  • Real Estate
  • Education
  • Others
By Region
  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East and Africa
METHODOLOGY

This market research report has been produced by gathering information on the basis of primary and secondary research. Secondary research has been done by using various sources which include (but not limited to) Company Websites, Paid Data Sources, Technical Journals, Financial Reports, SEC Filings, and other different industry publications. 

If specific information is required which is not currently within the scope of the report, it can be provided as a part of customization.   

1 . PREFACE
       1.1. Report Description
           1.1.1. Objective
           1.1.2. Target Audience
           1.1.3. Unique Selling Proposition (USP) & offerings
       1.2. Research Scope
       1.3. Research Methodology
           1.3.1. Market Research Process
           1.3.2. Market Research Methodology
 
2 . EXECUTIVE SUMMARY
       2.1. Highlights of Market
       2.2. Global Market Snapshot
 
3 . DIGITAL SIGNATURE – INDUSTRY ANALYSIS
       3.1. Introduction - Market Dynamics
       3.2. Market Drivers
       3.3. Market Restraints
       3.4. Opportunities
       3.5. Industry Trends
       3.6. Porter’s Five Force Analysis
       3.7. Market Attractiveness Analysis
           3.7.1 By Component
           3.7.2 By Deployment Mode
           3.7.3 By Industry Vertical
           3.7.4 By Region
 
4 . VALUE CHAIN ANALYSIS
       4.1. Value Chain Analysis
       4.2. Raw Material Analysis
           4.2.1. List of Raw Materials
           4.2.2. Raw Material Manufactures List
           4.2.3. Price Trend of Key Raw Materials
       4.3. List of Potential Buyers
       4.4. Marketing Channel
           4.4.1. Direct Marketing
           4.4.2. Indirect Marketing
           4.4.3. Marketing Channel Development Trend
 
5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK
       5.1. Impact Analysis of Covid-19 Outbreak
           5.1.1. Direct Impact on Production
           5.1.2. Supply Chain and Market Disruption
           5.1.3. Financial Impact on Firms and Financial Markets
       5.2. COVID-19 Impact Analysis by Production, Import, Export and Demand
       5.3. Market: Pre V/S Post COVID-19
       5.4. Estimated Impact of the Coronavirus (COVID-19) Epidemic
       5.5. COVID-19: Micro and Macro Factor Analysis
 
6 . GLOBAL DIGITAL SIGNATURE MARKET ANALYSIS BY COMPONENT
       6.1 Overview by Component
       6.2 Historical and Forecast Data
       6.3 Analysis by Component
       6.4 Solution Market by Regions
       6.5 Services Market by Regions
 
7 . GLOBAL DIGITAL SIGNATURE MARKET ANALYSIS BY DEPLOYMENT MODE
       7.1 Overview by Deployment Mode
       7.2 Historical and Forecast Data
       7.3 Analysis by Deployment Mode
       7.4 Cloud Market by Regions
       7.5 On-premises Market by Regions
 
8 . GLOBAL DIGITAL SIGNATURE MARKET ANALYSIS BY INDUSTRY VERTICAL
       8.1 Overview by Industry Vertical
       8.2 Historical and Forecast Data
       8.3 Analysis by Industry Vertical
       8.4 BFSI Market by Regions
       8.5 Government and Defense Market by Regions
       8.6 Healthcare and Life Sciences Market by Regions
       8.7 Legal Market by Regions
       8.8 Real Estate Market by Regions
       8.9 Education Market by Regions
       8.10. Others Market by Regions
 
9 . GLOBAL DIGITAL SIGNATURE MARKET ANALYSIS BY GEOGRAPHY
       9.1. Regional Outlook
       9.2. Introduction
       9.3. North America
           9.3.1. Overview, Historic and Forecast Data
           9.3.2. North America By Segment
           9.3.3. North America By Country
           9.3.4. United State
           9.3.5. Canada
           9.3.6. Mexico
       9.4. Europe
           9.4.1. Overview, Historic and Forecast Data
           9.4.2. Europe by Segment
           9.4.3. Europe by Country
           9.4.4. United Kingdom
           9.4.5. France
           9.4.6. Germany
           9.4.7. Italy
           9.4.8. Russia
           9.4.9. Rest Of Europe
       9.5. Asia Pacific
           9.5.1. Overview, Historic and Forecast Data
           9.5.2. Asia Pacific by Segment
           9.5.3. Asia Pacific by Country
           9.5.4. China
           9.5.5. India
           9.5.6. Japan
           9.5.7. South Korea
           9.5.8. Australia
           9.5.9. Rest Of Asia Pacific
       9.6. Latin America
           9.6.1. Overview, Historic and Forecast Data
           9.6.2. Latin America by Segment
           9.6.3. Latin America by Country
           9.6.4. Brazil
           9.6.5. Argentina
           9.6.6. Peru
           9.6.7. Chile
           9.6.8. Rest of Latin America
       9.7. Middle East & Africa
           9.7.1. Overview, Historic and Forecast Data
           9.7.2. Middle East & Africa by Segment
           9.7.3. Middle East & Africa by Country
           9.7.4. Saudi Arabia
           9.7.5. UAE
           9.7.6. Israel
           9.7.7. South Africa
           9.7.8. Rest Of Middle East And Africa
 
10 . COMPETITIVE LANDSCAPE OF THE DIGITAL SIGNATURE COMPANIES
       10.1. Digital Signature Market Competition
       10.2. Partnership/Collaboration/Agreement
       10.3. Merger And Acquisitions
       10.4. New Product Launch
       10.5. Other Developments
 
11 . COMPANY PROFILES OF DIGITAL SIGNATURE INDUSTRY
       11.1. Company Share Analysis
       11.2. Market Concentration Rate
       11.3. Adobe
           11.3.1. Company Overview
           11.3.2. Financials
           11.3.3. Products
           11.3.4. Recent Developments
       11.4. Thales
           11.4.1. Company Overview
           11.4.2. Financials
           11.4.3. Products
           11.4.4. Recent Developments
       11.5. OneSpan
           11.5.1. Company Overview
           11.5.2. Financials
           11.5.3. Products
           11.5.4. Recent Developments
       11.6. DocuSign
           11.6.1. Company Overview
           11.6.2. Financials
           11.6.3. Products
           11.6.4. Recent Developments
       11.7. Ascertia
           11.7.1. Company Overview
           11.7.2. Financials
           11.7.3. Products
           11.7.4. Recent Developments
       11.8. Idemia
           11.8.1. Company Overview
           11.8.2. Financials
           11.8.3. Products
           11.8.4. Recent Developments
       11.9. Zoho
           11.9.1. Company Overview
           11.9.2. Financials
           11.9.3. Products
           11.9.4. Recent Developments
       11.10. Entrust Datacard
           11.10.1. Company Overview
           11.10.2. Financials
           11.10.3. Products
           11.10.4. Recent Developments
       11.11. GlobalSign
           11.11.1. Company Overview
           11.11.2. Financials
           11.11.3. Products
           11.11.4. Recent Developments
       11.12. Identrust
           11.12.1. Company Overview
           11.12.2. Financials
           11.12.3. Products
           11.12.4. Recent Developments
       11.13. Digicert
           11.13.1. Company Overview
           11.13.2. Financials
           11.13.3. Products
           11.13.4. Recent Developments
 
 *Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies

LIST OF TABLES

  •  Market Snapshot
  •  Drivers : Impact Analysis
  •  Restraints : Impact Analysis
  •  List of Raw Material
  •  List of Raw Material Manufactures
  •  List of Potential Buyers
  •  COVID-19 Impact Analysis by Production, Import, Export and Demand
  •  Pre V/S Post COVID-19
  •  Estimated Impact Of The Coronavirus (Covid-19) Epidemic
  •  COVID-19: Micro and Macro Factor Analysis
  •  Analysis by Component (USD MN)
  •  Solution Market by Geography (USD MN)
  •  Services Market by Geography (USD MN)
  •  Analysis Market by Deployment Mode (USD MN)
  •  Cloud Market by Geography (USD MN)
  •  On-premises Market by Geography (USD MN)
  •  Analysis by Industry Vertical (USD MN)
  •  BFSI Market by Geography (USD MN)
  •  Government and Defense Market by Geography (USD MN)
  •  Healthcare and Life Sciences Market by Geography (USD MN)
  •  Legal Market by Geography (USD MN)
  •  Real Estate Market by Geography (USD MN)
  •  Education Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Digital Signature Market by Geography (USD MN)
  •  North America Market Analysis (USD MN)
  •  United State Market Analysis (USD MN)
  •  Canada Market Analysis (USD MN)
  •  Mexico Market Analysis (USD MN)
  •  Europe Market Analysis (USD MN)
  •  Europe Market Estimate by Country (USD MN)
  •  United Kingdom Market Analysis (USD MN)
  •  France Market Analysis (USD MN)
  •  Germany Market Analysis (USD MN)
  •  Italy Market Analysis (USD MN)
  •  Russia Market Analysis (USD MN)
  •  Spain Market Analysis (USD MN)
  •  Rest of Europe Market Analysis (USD MN)
  •  Asia Pacific Market Analysis (USD MN)
  •  China Market Analysis (USD MN)
  •  Japan Market Analysis (USD MN)
  •  India Market Analysis (USD MN)
  •  South Korea Market Analysis (USD MN)
  •  Australia Market Analysis (USD MN)
  •  Rest of Asia Pacific Market Analysis (USD MN)
  •  Latin America Market Analysis (USD MN)
  •  Brazil Market Analysis (USD MN)
  •  Argentina Market Analysis (USD MN)
  •  Peru Market Analysis (USD MN)
  •  Chile Market Analysis (USD MN)
  •  Rest of Latin America Market Analysis (USD MN)
  •  Middle East & Africa Market Analysis (USD MN)
  •  Saudi Arabia Market Analysis (USD MN)
  •  UAE Market Analysis (USD MN)
  •  Israel Market Analysis (USD MN)
  •  South Africa Market Analysis (USD MN)
  •  Rest of Middle East and Africa Market Analysis (USD MN)
  •  Partnership/Collaboration/Agreement
  •  Mergers And Acquisiton
 
 LIST OF FIGURES
  •  Research Scope of Digital Signature Report
  •  Market Research Process
  •  Market Research Methodology
  •  Global Digital Signature Market Size, by Region (USD MN)
  •  Porters Five Forces Analysis
  •  Market Attractiveness Analysis by Component
  •  Market Attractiveness Analysis by Deployment Mode
  •  Market Attractiveness Analysis by Industry Vertical
  •  Market Attractiveness Analysis by Region
  •  Value Chain Analysis
  •  Global Market Analysis by Component (USD MN)
  •  Solution Market by Geography (USD MN)
  •  Services Market by Geography (USD MN)
  •  Global Market Analysis by Deployment Mode (USD MN)
  •  Cloud Market by Geography (USD MN)
  •  On-premises Market by Geography (USD MN)
  •  Global Market Analysis by Industry Vertical (USD MN)
  •  BFSI Market by Geography (USD MN)
  •  Government and Defense Market by Geography (USD MN)
  •  Healthcare and Life Sciences Market by Geography (USD MN)
  •  Legal Market by Geography (USD MN)
  •  Real Estate Market by Geography (USD MN)
  •  Education Market by Geography (USD MN)
  •  Others Market by Geography (USD MN)
  •  Global Market by Revenue
  •  North America Market by Revenue
  •  Europe Market by Revenue
  •  Asia Pacific Market by Revenue
  •  Latin America Market by Revenue
  •  Middle East & Africa Market by Revenue
  •  Recent Development in Industry
  •  Company Market Share Analysis, 2020
 
 * Kindly note that the above listed are the basic tables and figures of the report and are not limited to the TOC.

Objectives of Study

  • Define and measure the global market
  • Volume or revenue forecast of the global market and its various sub-segments with respect to main geographies
  • Analyze and identify major market trends along with the factors driving or inhibiting the market growth
  • Study the company profiles of the major market players with their market share
  • Analyze competitive developments

Buy Chapters or Sections

Avail customized purchase options to meet your exact research needs:

  • Buy sections of this report
  • Buy country level reports
  • Request for historical data
  • Request discounts available for Start-Ups & Universities

Why Choose Us

Client First Policy
Excellent Quality
Robust After Sales Support
24/7 Email Support

Clients

Testimonials