Global Digital Signature Market Size, Forecasts, And Opportunities

November 26, 2021 by The Business Research Company

Learn about the global digital signature market through The Business Research Company, which provides information on digital signature market size, digital signature market drivers and restraints, digital signature market players, the COVID-19 impact on the digital signature market, and more.

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The global digital signature market is expected to grow from $2.17 billion in 2020 to $2.63 billion in 2021 at a compound annual growth rate (CAGR) of 21.2%. The global pandemic of COVID-19 is preventing individuals from traveling and brought in many restrictive measures such as lockdown, suspended transport services, and the closure of other non-essential services to avoid being in close proximity with other individuals. Consequently, individuals, companies and businesses now wish to use electronic signatures as an alternative to the traditional wet-ink signatures when signing documents to continue to operate remotely. The digital signature market is expected to reach $6.9 billion in 2025 at a CAGR of 27%.

Supporting policies by the governments of various nations are expected to drive innovation in digital signature, thus driving the market during the forecast period.

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The digital signature market consists of sales of digital signature solutions and related services. A digital signature is an electronic signature and is equivalent to a handwritten signature or stamped seal. It offers more inherent security and is expected to solve the problems of tampering and impersonation. The digital signature solutions include software and hardware solutions, and related services.

Global digital signature market segments include:

By Offering: Software, Hardware, Services

By Deployment: Cloud, On-Premises

By End User: Banking, Financial Services, And Insurance (BFSI), IT And Telecommunications, Government, Health Care And Life Sciences, Education, Retail, Real Estate, Others

By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The digital signature solutions providing companies are integrating blockchain technology with the digital signature. The goal of integrating blockchain with a digital signature is to offer users the possibility to certify integrity and time stamp.

TBRC’s digital signature market report covers:

Major Market Players: Adobe Systems, DocuSign Inc., Ascertia, Identrust, SIGNiX, Gemalto, Entrust Datacard Corporation, Kofax Limited (a Lexmark Company), and RPost Technologies.

Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.

Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)

The Digital Signature Global Market Report 2021: COVID-19 Implications And Growth to 2030 is one of a series of new reports from The Business Research Company that provides digital signature market overviews, analyzes and forecasts market size, share, digital signature market players, digital signature market segments and geographies, leading competitor revenues, profiles and market shares.

TBRC’s digital signature market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.

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