Digital Signature Market

Digital Signature Market Size, Trends & Analysis - Forecasts to 2026 By Type of Component (Solution and Services), By Type of Solution (Software and Hardware), By Deployment Mode (Cloud, On-Premises), By Organization Size (Large Enterprises, Small and Medium-sized Enterprises), By Vertical (BFSI, Government and Defense, Healthcare and Life Sciences, Legal, Real Estates, Education, Others) By Region (North America, Europe, Asia Pacific, Middle East & Africa, and Central & South America); End-User Landscape, Vendor Landscape, Company Market Share Analysis & Competitor Analysis

Category Electronics, Semiconductors and Information & Communication Technology

Format

This report was recently updated on April 11 2024 with the latest and most recent market numbers

Digital Signature Market Insights

The Digital Signature Market is estimated to witness a significant growth of CAGR 30.3% during the forecast period (2020-2026). An analytical system for validating digital messages and files for their authenticity is referred to as Digital Signature. In simple terms, a Digital Signature is a copy of a transcribed signature but better as it cannot be duplicated as the handwritten can be tampered easily because of the data authenticity and the probability of losing a paper document is more compared to a digital verified document. Driving factors such as an increase in the use of biometrics, implementation of a paperless economy in several nations, initiatives taken by the government along with industries to spread awareness about the Digital Signature are helping the industry grow rapidly. Cryptography is the fundamental principle on which the Digital Signature is operated.

Digital Signature Market: By Component

Based on the type of Component, the market is bifurcated into solutions and services, wherein the service sector is forecasted to grow at the highest in terms of CAGR from 2020-2026 since, digital signature makes the document signature procedure way more secure, fast, and reliable. For instance, in India, UIDAI has launched the AADHAAR card which is one of a kind identity proof for the citizens and has launched an initiative called e-sign which helps in authenticating the sign through ASPs (Application Service Providers).

Digital Signature Market: By Type of Solution

The market is classified into Software, Hardware, and Services. Based on this market segmentation, the software segment is foretold to witness the highest growth in the market as a reduction in transaction time and curbing of costs related to it. Furthermore, the enhanced use of this technology across various enterprises to increase performances and magnify the gain of users is seen to help grow the digital signature market even further.

Digital Signature Market: By Type of Deployment Methods

Based on the Deployment Methods, it is segmented as Cloud and On-Premises. The Cloud technology segment is estimated to grow at a high CAGR during the forecast period, as there is an increase in the availability of the internet and internet-connected electronic devices usage, there is an upsurge on security technologies and solutions. Profits such as cost curbing and effectiveness, ease in deployment, safety, and a sole administration facility are advanced in cloud technology.

Digital Signature Market: By Organization Size

Small & Medium-sized Enterprises and Large Enterprises are the subcategories when it comes to the type of organization size. SMEs and Start-ups are forecasted to grow exponentially due to the revenue inflow in the market to support small business people, as well as an increase in the adoption of digital technology by them for secure access to data as the files, can be verified as well as the assent of the content of the documents by using it curtailing time and energy.

Digital Signature Market: By Vertical

Classification based on vertical can be done by BFSI, Government and Defense, Manufacturing, Healthcare and Life Sciences, Legal, Real Estate, Retail, IT and Telecommunications, Education, and Others. The government and defense sector is seeing a constant growth due to the technological progressions in the sector as many of the countries are trying to be a paperless economy in the forthcoming years. but, BFSI is about to see the highest rise in CAGR according to the global forecast, as the banking and finance sector is going digital, usage of internet banking, mobile banking, and online stock trading have risen immensely after the COVID-19 Pandemic as it is quick and safe as well it is worthy of trust.

Digital Signature Market: By Region

Based on the region, the market is segmented into North America, Asia-Pacific, Europe, the Middle East & Africa, and Central & South America. The North America region is estimated to have the highest CAGR for the next forecast, as many government policies issued in the USA and Canada have promoted the acceptance of the digital signature market.

Digital Signature Market Share and Competitor Analysis

Major companies who are operating in the digital signature market are Gemalto NV, Ascertia, DocuSign Inc., RPost, Adobe, OneSpan, HelloSign, Thales, MultiCert, Zoho Corporation Pvt. Ltd., Entrust Datacard Corporation, SIGNiX, GlobalSign, Citrix Systems. Inc, Secured Signing Limited., IdenTrust Inc. Gemalto NV, KOFAX INC., Idemia, Digicert, ACE Technology, Antares Systems Ltd., Cloud84. eMudhra Limited, and Entrust Datacard among others.

Please note: This is not an exhaustive list of companies profiled in the report.

In July 2020, Adobe partnered with IBM and Red Hat to advance consumer experience alteration by empowering the digital transformation and expediting real-time data security to assist the enterprises.

In July 2020, Thales Trusted Cyber Technologies tied-up with Votiro, a positive selection technology. The collaboration focused on offering explications from its Secure Data Gateway commodity line.

Check the Press Release on Digital Signature Market Report

Digital Signature Market: By Organization Size

Introduction
1. Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
Small and Medium-Sized Enterprises
1. Small and Medium-Sized Enterprises: Digital Signature Market, 2019-2026 (USD Million)
Large Enterprises
1. Large Enterprises: Digital Signature Market, 2019-2026 (USD Million)

Digital Signature Market: By Type of Solution

Introduction
1. Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
Software
1. Software: Digital Signature Market, 2019-2026 (USD Million)
Hardware
1. Hardware: Digital Signature Market, 2019-2026 (USD Million)

Digital Signature Market: By Deployment Mode

Introduction
1. Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
Cloud-based
1. Cloud-based: Digital Signature Market, 2019-2026 (USD Million)
On-Premises
1. On-Premises: Digital Signature Market, 2019-2026 (USD Million)

Digital Signature Market: By Vertical

Introduction
1. Digital Signature Market, By Vertical, 2019-2026 (USD Million)
BFSI
1. BFSI: Digital Signature Market, 2019-2026 (USD Million)
Healthcare and Life Sciences
1. Healthcare and Life Sciences: Digital Signature Market, 2019-2026 (USD Million)
Government and Defense
1. Government and Defense: Digital Signature Market, 2019-2026 (USD Million)
Legal
1. Legal: Digital Signature Market, 2019-2026 (USD Million)
Education
1. Education: Digital Signature Market, 2019-2026 (USD Million)
Real Estates
1. Real Estates: Digital Signature Market, 2019-2026 (USD Million)
Others
1. Others: Digital Signature Market, 2019-2026 (USD Million)

Digital Signature Market: By Type of Components

Introduction
1. Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
Solutions
1. Solutions: Digital Signature Market, 2019-2026 (USD Million)
Services
1. Services: Digital Signature Market, 2019-2026 (USD Million)

Digital Signature Market: By Region

Introduction
1. Global Digital Signature Market, Regional Analysis, 2019-2026 (USD Million)
North America
1. North America Digital Signature Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Organization Size
    1. North America Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
  2. By Type of Solution
    1. North America Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
  3. By Deployment Mode
    1. North America Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
  4. By Vertical
    1. North America Digital Signature Market, By Vertical, 2019-2026 (USD Million)
  5. By Type of Components
    1. North America Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
  6. By Country
    1. U.S
      1. By Organization Size
        
        U.S Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        U.S Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        U.S Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        U.S Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        U.S Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
    2. Canada.
      1. By Organization Size
        
        Canada Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        Canada Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        Canada Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        Canada Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        Canada Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
    3. Mexico
      1. By Organization Size
        
        Mexico Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        Mexico Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        Mexico Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        Mexico Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        Mexico Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
Europe
1. Europe Digital Signature Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Organization Size
    1. Europe Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
  2. By Type of Solution
    1. Europe Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
  3. By Deployment Mode
    1. Europe Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
  4. By Vertical
    1. Europe Digital Signature Market, By Vertical, 2019-2026 (USD Million)
  5. By Type of Components
    1. Europe Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
  6. By Country
    1. Germany
      1. By Organization Size
        
        Germany Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        Germany Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        Germany Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        Germany Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        Germany Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
    2. UK
      1. By Organization Size
        
        UK Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        UK Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        UK Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        UK Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        UK Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
    3. France
      1. By Organization Size
        
        France Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        France Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        France Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        France Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        France Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
    4. Italy
      1. By Organization Size
        
        Italy Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        Italy Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        Italy Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        Italy Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        Italy Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
    5. Rest Of Europe
      1. By Organization Size
        
        Rest Of Europe Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        Rest Of Europe Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        Rest Of Europe Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        Rest Of Europe Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        Rest Of Europe Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
Asia Pacific
1. Asia Pacific Digital Signature Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Organization Size
    1. Asia Pacific Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
  2. By Type of Solution
    1. Asia Pacific Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
  3. By Deployment Mode
    1. Asia Pacific Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
  4. By Vertical
    1. Asia Pacific Digital Signature Market, By Vertical, 2019-2026 (USD Million)
  5. By Type of Components
    1. Asia Pacific Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
  6. By Country
    1. China
      1. By Organization Size
        
        China Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        China Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        China Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        China Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        China Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
    2. Japan
      1. By Organization Size
        
        Japan Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        Japan Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        Japan Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        Japan Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        Japan Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
    3. India
      1. By Organization Size
        
        India Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        India Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        India Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        India Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        India Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
Central & South America
1. Central & South America Digital Signature Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Organization Size
    1. Central & South America Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
  2. By Type of Solution
    1. Central & South America Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
  3. By Deployment Mode
    1. Central & South America Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
  4. By Vertical
    1. Central & South America Digital Signature Market, By Vertical, 2019-2026 (USD Million)
  5. By Type of Components
    1. Central & South America Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
  6. By Country
    1. Brazil
      1. By Organization Size
        
        Brazil Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        Brazil Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        Brazil Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        Brazil Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        Brazil Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
Middle East & Africa
1. Middle East & Africa Digital Signature Market, Regional Analysis, 2019-2026 (USD Million)
  1. By Organization Size
    1. Middle East & Africa Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
  2. By Type of Solution
    1. Middle East & Africa Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
  3. By Deployment Mode
    1. Middle East & Africa Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
  4. By Vertical
    1. Middle East & Africa Digital Signature Market, By Vertical, 2019-2026 (USD Million)
  5. By Type of Components
    1. Middle East & Africa Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
  6. By Country
    1. Saudi Arabia
      1. By Organization Size
        
        Saudi Arabia Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        Saudi Arabia Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        Saudi Arabia Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        Saudi Arabia Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        Saudi Arabia Digital Signature Market, By Type of Components, 2019-2026 (USD Million)
    2. UAE
      1. By Organization Size
        
        UAE Digital Signature Market, By Organization Size, 2019-2026 (USD Million)
      2. By Type of Solution
        
        UAE Digital Signature Market, By Type of Solution, 2019-2026 (USD Million)
      3. By Deployment Mode
        
        UAE Digital Signature Market, By Deployment Mode, 2019-2026 (USD Million)
      4. By Vertical
        
        UAE Digital Signature Market, By Vertical, 2019-2026 (USD Million)
      5. By Type of Components
        
        UAE Digital Signature Market, By Type of Components, 2019-2026 (USD Million)

The global Digital Signature Market has been studied from the year 2017 till 2026. However, the CAGR provided in the report is from the year 2018 to 2026. The research methodology involved three stages: Desk research, Primary research, and Analysis & Output from the entire research process.

The desk research involved a robust background study which meant referring to paid and unpaid databases to understand the market dynamics; mapping contracts from press releases; identifying the key players in the market, studying their product portfolio, competition level, annual reports/SEC filings & investor presentations; and learning the demand and supply side analysis for the Digital Signature Market.

Digital Signature Market

The primary research activity included telephonic conversations with more than 50 tier 1 industry consultants, distributors, and end-use product manufacturers.

Digital Signature Market

Finally, based on the above thorough research process, an in-depth analysis was carried out considering the following aspects: market attractiveness, current & future market trends, market share analysis, SWOT analysis of the companies and customer analytics.

Digital Signature Market