Digital Signature Market by End-user and Geography - Forecast and Analysis 2020-2024

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR43546
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The digital signature market has the potential to grow by $ 7.10 bn during 2021-2025, and the market’s growth momentum will accelerate at a CAGR of 30%.

This digital signature market analysis report entails exhaustive statistical qualitative and quantitative data on End-user (BFSI, Government, Healthcare, Legal, and Others) and Geography (North America, Europe, APAC, South America, and MEA) and their contribution to the target market. View our sample report to gather market insights on the segmentations. Furthermore, with the latest key findings on the post COVID-19 impact on the market, available in this report, you can create successful business strategies to generate new sales opportunities.

What will the Digital Signature Market Size be in 2021?

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Digital Signature Market: Key Drivers and Trends

According to our research output, there has been a positive impact on the market growth post COVID-19 era. Key drivers such as the growing number of partnerships and acquisitions are notably supporting the digital signature market growth. However, one of the foremost factors impeding market growth is security concerns associated with digital signatures. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic digital signature market report has assessed the shift in consumer behavior and identified and explored the upcoming trends, drivers, and challenges that will have a far-reaching effect on the market growth. Understanding market trends is essential for identifying new business opportunities across segmentations and geographies.

Who are the Major Digital Signature Market Vendors?

The digital signature market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

  • Adobe Inc.
  • DocuSign Inc.
  • Dropbox Inc.
  • Entrust Datacard Corp.
  • GMO Internet Inc.
  • OneSpan Inc.
  • Oracle Corp.
  • SIGNiX Inc.
  • Thales Group
  • Thoma Bravo LP

The digital signature market is concentrated and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

Furthermore, to make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. Buy the full digital signature market statistics report to understand the magnitude of the economic impact on each segment and recovery expectations.

For insights on complete key vendor profiles, download a free sample of the digital signature market forecast report. The profiles include information on the production, sustainability, and prospects of the leading companies. The report's vendor landscape section also provides industry risk assessment in terms of labor cost, raw material price fluctuation, and other parameters, which is crucial for effective business planning.

Which are the Key Regions for Digital Signature Market?

Digital Signature Market Share by Geography

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The digital signature market size, share, & trends analysis report offers an up-to-date study of the geographical composition of the market. 33% of the market’s growth will originate from North America during the forecast period. US, Germany, UK, China, and Japan are the key markets for digital signature market in North America.

North America has been recording significant growth rate and is expected to offer several growth opportunities to market vendors during the forecast period. Increasing digital signature adoption in cloud-based deployment has been identified as one of the chief factors that will drive the digital signature market growth in North America over the forecast period. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating End-user Segments in the Digital Signature Market?

Digital Signature Market Share by End-user

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The digital signature market report provides comprehensive understanding of the subsets of our target market to earmark niche customer groups and simplify demographic requirements. In addition, the report provides insights on the impact of the unprecedented outbreak of COVID-19 on market segments. Through these insights, you can safely deduce transformation patterns in consumer behavior, which is crucial to gauge segment-wise revenue growth during 2021-2025 and embrace technologies to improve business efficiency. The digital signature market share growth by the __ segment has been significant and is expected to provide significant growth opportunities to market vendors.

This report provides thorough digital signature market segment analysis that will help you gauge the existing competition, demographics, lucrative target customer groups, solutions to improve sales and services, and other crucial market intelligence data. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment and the growth of the digital signature market size.

Digital Signature Market Scope

Report Coverage

Details

Page number

120

Base year

2020

Forecast period

2021-2025

Growth momentum & CAGR

Accelerate at a CAGR of 30%

Market growth 2021-2025

$ 7.10 billion

Market structure

Concentrated

YoY growth (%)

24.85

Regional analysis

North America, Europe, APAC, South America, and MEA

Performing market contribution

North America at 33%

Key consumer countries

US, Germany, UK, China, and Japan

Competitive landscape

Leading companies, competitive strategies, consumer engagement scope

Companies profiled

Adobe Inc., DocuSign Inc., Dropbox Inc., Entrust Datacard Corp., GMO Internet Inc., OneSpan Inc., Oracle Corp., SIGNiX Inc., Thales Group, and Thoma Bravo LP

Market Dynamics

Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and future consumer dynamics, market condition analysis for forecast period,

Customization purview

If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.

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What are the Key Factors Covered in this Digital Signature Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive digital signature market growth during the next five years
  • Precise estimation of the digital signature market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the digital signature market across North America, Europe, APAC, South America, and MEA 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of digital signature market vendors

We can help! Our analysts can customize this report to meet your requirements. Get in touch

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
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TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The digital signature market growth will increase by $2775.34 million during 2019-2024.
The digital signature market is expected to grow at a CAGR of 27.06% during 2019-2024.
Technavio has segmented the digital signature market by end user (BFSI, Government, Healthcare, Legal, and Others) and geographic (North America, Europe, APAC, South America, and MEA).
Adobe Inc., DocuSign Inc., Dropbox Inc., Entrust Datacard Corp., GlobalSign Ltd., Kofax Inc., OneSpan Inc., Oracle Corp., SIGNiX Inc., Thales Group are a few of the key vendors in the digital signature market.
North America will register the highest growth rate of 42.78% among the other regions. Therefore, the digital signature market in North America is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the digital signature market growth are:
  • Growing number of partnerships and acquisitions
The digital signature market vendors should focus on grabbing business opportunities from the bfsi segment as it accounted for the largest market share in the base year.
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