Worldwide Digital Signature Market Canvassed by M&M in Comprehensive Research Report Published at MarketPublishers.com
29 Feb 2016 • by Natalie Aster
LONDON – Currently valued at USD 512.5 million as of 2015, the global digital signature market is projected to reach USD 2.02 billion by 2020 posting 31.6% CAGR. The market’s accelerated traction is expected to keep on being driven by lower costs of business operations, superior consumer experiences, an upsurge in the number of applications, and improved security and control over the data, among others.
The software solution is set to accounts for the highest market share, whereas cloud-based deployment solutions are poised to play a major part in altering the digital signature space in the offing. Furthermore, the finance sector will likely capture the dominant share in the overall market. Legal, healthcare, government and HR are poised to be the high-growth sectors over the coming years.
Geography-wise, North America is projected to account for the majority of revenues in the global digital signature market mainly owing to the supporting electronic signature regulations and the rise of financial and legal services companies across the developed nations such as the USA and Canada. This growth is further underpinned by a hike in the digital signature penetration in various verticals like finance, legal, and HR across the region. Going forward, North America is forecast to grab the lion’s market share, whilst Europe is projected to demonstrate the fastest CAGR through to 2020.
Adobe Systems, Inc., SIGNiX, Gemalto, Inc., Secured Signing Limited, DocuSign, Inc., among others, are the leading vendors operating in the digital signature marketplace.
Comprehensive report “Digital Signature Market” drawn up by MarketsandMarkets (M&M) gives an in-depth overview of the world digital signature market, segmenting it based on solution, service, deployment model, application area, and by region in tandem with providing a deep analysis and market size estimates. It presents a clear understanding of the overall market growth by identifying key market drivers, limiting factors, challenges, and opportunities. Detailed company profiles of the key players in the market are provided, which cover business overview, product and service offerings, leading strategies, and latest developments related to the digital signature market.
Digital Signature Market
Published: February, 2016
Price: US$ 4,650.00
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