Digital Signature Market-Size By Business Function, By Component, By Deployment Model, By End User, And Forecast Up to 2021 (Trending Report)

Japan, Japan, Fri, 14 Jan 2022 01:33:29 / Comserve Inc. / -- The digital signature market size is estimated to grow from USD 662.7 million in 2016 to USD 2657.0 million by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 32.0% from 2016 to 2021.

With COVID-19 resulting in the economic fallout, numerous economies are working on game-changing improvements to protect their employees and clients. While focusing on the ongoing challenges, the leaders are embracing new plans in order to manage and stay afloat in this competitive environment. 

The digital signature market size is estimated to grow from USD 662.7 million in 2016 to USD 2657.0 million by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 32.0% from 2016 to 2021. The digital signature market is driven by factors, such as the increasing need for securing transactions and authenticating identity. However, the digital signature market lacks awareness regarding legality of digital signatures.

"The cloud-based deployment mode is expected to have the largest market share during the forecast period"
Cloud-based deployment mode is expected to have the largest market share during the forecast period. The cloud-based deployment mode provides digital signature solutions to end-users by reducing the operational cost of implementation. The cloud-based system involves network data exchange between the signer and signing-enabled cloud environment. Furthermore, the cloud enables companies to offer multi-channel signatures. It also helps reduce the use of paper, by busing digital signature resources.

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The Final Report will cover the impact analysis of COVID-19 on this industry: Digital Signature Market-Size By Business Function, By Component, By Deployment Model, By End User, And Forecast Up to 2021 (Trending Report)

"North America is expected to have the largest share of the market; whereas, Asia-Pacific (APAC) is projected with the highest growth rate"
North America is expected to hold the largest market share in 2016, while Europe is the fastest-growing, in terms of CAGR. Factors such as the need for secure reliable transactions, authenticating the identity of users over digital network, and the new release of regulations for electronic signatures by the European Electronic Messaging Association are driving the adoption of digital signature solutions in Europe.

In the process of determining and verifying the market size for several segments and subsegments gathered through secondary research, extensive primary interviews were conducted with key people. The break-up profiles of primary participants is given below:

• By Company Type: Tier 1 – 12%, Tier 2 – 32%, and Tier 3 – 56%
• By Designation: C level – 16%, Director level – 33%, and Others – 51%
• By Region: North America – 25%, Europe – 49%, APAC – 15%, and RoW- 11%

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The Final Report will cover the impact analysis of COVID-19 on this industry: Digital Signature Market-Size By Business Function, By Component, By Deployment Model, By End User, And Forecast Up to 2021 (Trending Report)

Research Coverage:
• The report aims to analyze the digital signature market segmented on the basis of components, deployment types, technology services, verticals, and regions.
• It analyses the opportunities for stakeholders through the study of the competitive landscape in the digital signature market
• It provides insights on core competencies and key growth strategies of companies in the digital signature market
• The report provides forecast of the market size of the digital signature market and its various submarkets with respect to five regions, namely, North America, APAC, Europe, Middle East & Africa (MEA), and Latin America.

Reasons to Buy this Report:
From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprises and discusses the basic views on the competitive landscape, the emerging & high-growth segments of the digital signature market, high-growth regions, and market drivers, restraints, & opportunities.

The report provides insights on the following pointers:
• Market Penetration: Comprehensive information on digital signature offered by top players in the global digital signature market
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the digital signature market
• Market Development: Comprehensive information about lucrative emerging markets – the report analyzes the markets for digital signature across regions
• Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global digital signature market
• Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global digital signature market

TABLE OF CONTENTS

1 INTRODUCTION 15
1.1 OBJECTIVES OF THE STUDY 15
1.2 MARKET DEFINITION 15
1.3 MARKET SCOPE 15
1.3.1 MARKETS COVERED 16
1.3.2 YEARS CONSIDERED FOR THE STUDY 16
1.4 CURRENCY 17
1.5 LIMITATIONS 17
1.6 STAKEHOLDERS 17
2 RESEARCH METHODOLOGY 18
2.1 RESEARCH DATA 18
2.1.1 SECONDARY DATA 19
2.1.1.1 Key data from secondary sources 19
2.1.2 PRIMARY DATA 20
2.1.2.1 Key data from primary sources 20
2.1.2.2 Key industry insights 21
2.1.2.3 Breakdown of primaries 22
2.2 MARKET SIZE ESTIMATION 22

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