Digital Signature Market by Component (Hardware, Software), Encryption Type (Asymmetric Encryption, Symmetric Encryption), Key Type, Deployment, End-User - Global Forecast 2023-2030
The Digital Signature Market size was estimated at USD 4.88 billion in 2022 and expected to reach USD 5.95 billion in 2023, at a CAGR 22.17% to reach USD 24.27 billion by 2030.
Market Segmentation & Coverage:
This research report analyzes various sub-markets, forecasts revenues, and examines emerging trends in each category to provide a comprehensive outlook on the Digital Signature Market.
- Based on Component, market is studied across Hardware and Software. The Hardware is projected to witness significant market share during forecast period.
- Based on Encryption Type, market is studied across Asymmetric Encryption and Symmetric Encryption. The Symmetric Encryption is projected to witness significant market share during forecast period.
- Based on Key Type, market is studied across Private Key and Public Key. The Public Key is projected to witness significant market share during forecast period.
- Based on Deployment, market is studied across Cloud-Based and On-Premise. The On-Premise is projected to witness significant market share during forecast period.
- Based on End-User, market is studied across Aerospace & Defense, Banking, Financial Services, & Insurance, Building & Construction, Education, Government & Public, Healthcare & Life Sciences, Manufacturing, and Telecommunication & IT. The Building & Construction is projected to witness significant market share during forecast period.
- Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Americas commanded largest market share of 37.24% in 2022, followed by Europe, Middle East & Africa.
The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make well-informed decisions. In this report, 2018 to 2021 are considered as historical years, 2022 is base year, 2023 is estimated year, and years from 2024 to 2030 are considered as forecast period.
FPNV Positioning Matrix:
The FPNV Positioning Matrix is an indispensable tool for assessing the Digital Signature Market. It comprehensively evaluates vendors, analyzing key metrics related to Business Strategy and Product Satisfaction. This enables users to make informed decisions tailored to their specific needs. Through advanced analysis, vendors are categorized into four distinct quadrants, each representing a different level of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V). Be assured that this insightful framework empowers decision-makers to navigate the market with confidence.
Market Share Analysis:
The Market Share Analysis offers invaluable insights into the vendor landscape Digital Signature Market. By evaluating their impact on overall revenue, customer base, and other key metrics, we provide companies with a comprehensive understanding of their performance and the competitive environment they confront. This analysis also uncovers the level of competition in terms of market share acquisition, fragmentation, dominance, and industry consolidation during the study period.
Key Company Profiles:
The report delves into recent significant developments in the Digital Signature Market, highlighting leading vendors and their innovative profiles. These include Actalis S.p.A., Adobe Systems, Inc., AlphaTrust Corporation by iPipeline, Inc., Ascertia by InfoCert S.p.A., ComsignTrust Ltd., DigiCert, DocHub LLC by AirSlate, Docstribute Limited, DocuSign, Inc., Entrust Corporation, ePadLink, Gemalto N.V. by Thales Group, GMO Internet Group, Inc., HelloSign by Dropbox, IdenTrust, Inc. by HID Global, International Business Machines Corporation, Kofax Inc., LAWtrust, Notarius Inc. by Portage CyberTech Inc., Onespan, RPost Technologies, Secured Signing Limited, SigniFlow, SIGNiX, Inc., Signnow, Signority Inc., SignWell, Symtrax Holdings, Inc., Topaz Systems, Inc., VÍNTEGRIS, S.L., and Zoho Corporation Pvt. Ltd..
The report offers valuable insights on the following aspects:
- Market Penetration: It provides comprehensive information about key players' market dynamics and offerings.
- Market Development: In-depth analysis of emerging markets and penetration across mature market segments, highlighting lucrative opportunities.
- Market Diversification: Detailed information about new product launches, untapped geographies, recent developments, and investments.
- Competitive Assessment & Intelligence: Exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of leading players.
- Product Development & Innovation: Intelligent insights on future technologies, R&D activities, and breakthrough product developments.
- What is the market size and forecast for the Digital Signature Market?
- Which products, segments, applications, and areas hold the highest investment potential in the Digital Signature Market?
- What is the competitive strategic window for identifying opportunities in the Digital Signature Market?
- What are the latest technology trends and regulatory frameworks in the Digital Signature Market?
- What is the market share of the leading vendors in the Digital Signature Market?
- Which modes and strategic moves are suitable for entering the Digital Signature Market?
Note: PDF & Excel + Online Access - 1 Year
- 1. Preface
- 1.1. Objectives of the Study
- 1.2. Market Segmentation & Coverage
- 1.3. Years Considered for the Study
- 1.4. Currency & Pricing
- 1.5. Language
- 1.6. Limitations
- 1.7. Assumptions
- 1.8. Stakeholders
- 2. Research Methodology
- 2.1. Define: Research Objective
- 2.2. Determine: Research Design
- 2.3. Prepare: Research Instrument
- 2.4. Collect: Data Source
- 2.5. Analyze: Data Interpretation
- 2.6. Formulate: Data Verification
- 2.7. Publish: Research Report
- 2.8. Repeat: Report Update
- 3. Executive Summary
- 4. Market Overview
- 4.1. Introduction
- 4.2. Digital Signature Market, by Region
- 5. Market Insights
- 5.1. Market Dynamics
- 5.1.1. Drivers
- 5.1.1.1. Growing paperless systems and demand for electronic authorization
- 5.1.1.2. Increasing adoption of digital signatures and enhancing customer experience in the BFSI sector
- 5.1.1.3. Ongoing digitalization of government and public sectors across economies
- 5.1.2. Restraints
- 5.1.2.1. Problems and complexities related to the integration and deployment of digital signature
- 5.1.3. Opportunities
- 5.1.3.1. Introduction of improved and advanced digital signature solutions and technologies
- 5.1.3.2. Emerging use of digital signatures in eCommerce
- 5.1.4. Challenges
- 5.1.4.1. Frequent changes in laws and regulations of electronic signatures
- 5.2. Market Segmentation Analysis
- 5.2.1. Component: Expanding usage of software solutions to access flexibility and integration opportunities for businesses
- 5.2.2. End-users: Increasing need for automation and data security in end-user industries
- 5.3. Market Trend Analysis
- 5.4. Cumulative Impact of COVID-19
- 5.5. Cumulative Impact of Russia-Ukraine Conflict
- 5.6. Cumulative Impact of High Inflation
- 5.7. Porter’s Five Forces Analysis
- 5.7.1. Threat of New Entrants
- 5.7.2. Threat of Substitutes
- 5.7.3. Bargaining Power of Customers
- 5.7.4. Bargaining Power of Suppliers
- 5.7.5. Industry Rivalry
- 5.8. Value Chain & Critical Path Analysis
- 5.9. Regulatory Framework
- 5.10. Client Customization
- 6. Digital Signature Market, by Component
- 6.1. Introduction
- 6.2. Hardware
- 6.3. Software
- 7. Digital Signature Market, by Encryption Type
- 7.1. Introduction
- 7.2. Asymmetric Encryption
- 7.3. Symmetric Encryption
- 8. Digital Signature Market, by Key Type
- 8.1. Introduction
- 8.2. Private Key
- 8.3. Public Key
- 9. Digital Signature Market, by Deployment
- 9.1. Introduction
- 9.2. Cloud-Based
- 9.3. On-Premise
- 10. Digital Signature Market, by End-User
- 10.1. Introduction
- 10.2. Aerospace & Defense
- 10.3. Banking, Financial Services, & Insurance
- 10.4. Building & Construction
- 10.5. Education
- 10.6. Government & Public
- 10.7. Healthcare & Life Sciences
- 10.8. Manufacturing
- 10.9. Telecommunication & IT
- 11. Americas Digital Signature Market
- 11.1. Introduction
- 11.2. Argentina
- 11.3. Brazil
- 11.4. Canada
- 11.5. Mexico
- 11.6. United States
- 12. Asia-Pacific Digital Signature Market
- 12.1. Introduction
- 12.2. Australia
- 12.3. China
- 12.4. India
- 12.5. Indonesia
- 12.6. Japan
- 12.7. Malaysia
- 12.8. Philippines
- 12.9. Singapore
- 12.10. South Korea
- 12.11. Taiwan
- 12.12. Thailand
- 12.13. Vietnam
- 13. Europe, Middle East & Africa Digital Signature Market
- 13.1. Introduction
- 13.2. Denmark
- 13.3. Egypt
- 13.4. Finland
- 13.5. France
- 13.6. Germany
- 13.7. Israel
- 13.8. Italy
- 13.9. Netherlands
- 13.10. Nigeria
- 13.11. Norway
- 13.12. Poland
- 13.13. Qatar
- 13.14. Russia
- 13.15. Saudi Arabia
- 13.16. South Africa
- 13.17. Spain
- 13.18. Sweden
- 13.19. Switzerland
- 13.20. Turkey
- 13.21. United Arab Emirates
- 13.22. United Kingdom
- 14. Competitive Landscape
- 14.1. FPNV Positioning Matrix
- 14.2. Market Share Analysis, By Key Player
- 14.3. Competitive Scenario Analysis, By Key Player
- 14.3.1. Merger & Acquisition
- 14.3.1.1. Entrust Builds Electronic Signature and ID Verification Capabilities with Evidos Acquisition
- 14.3.2. Agreement, Collaboration, & Partnership
- 14.3.2.1. Azeus Convene and Sirar by STC Announced a Key Strategic Partnership to Address the Growing Demand for Digital Signature
- 14.3.3. New Product Launch & Enhancement
- 14.3.3.1. docStribute Launches DLT-backed Digital Signing Solution dSign
- 15. Competitive Portfolio
- 15.1. Key Company Profiles
- 15.1.1. Actalis S.p.A.
- 15.1.2. Adobe Systems, Inc.
- 15.1.3. AlphaTrust Corporation by iPipeline, Inc.
- 15.1.4. Ascertia by InfoCert S.p.A.
- 15.1.5. ComsignTrust Ltd.
- 15.1.6. DigiCert
- 15.1.7. DocHub LLC by AirSlate
- 15.1.8. Docstribute Limited
- 15.1.9. DocuSign, Inc.
- 15.1.10. Entrust Corporation
- 15.1.11. ePadLink
- 15.1.12. Gemalto N.V. by Thales Group
- 15.1.13. GMO Internet Group, Inc.
- 15.1.14. HelloSign by Dropbox
- 15.1.15. IdenTrust, Inc. by HID Global
- 15.1.16. International Business Machines Corporation
- 15.1.17. Kofax Inc.
- 15.1.18. LAWtrust
- 15.1.19. Notarius Inc. by Portage CyberTech Inc.
- 15.1.20. Onespan
- 15.1.21. RPost Technologies
- 15.1.22. Secured Signing Limited
- 15.1.23. SigniFlow
- 15.1.24. SIGNiX, Inc.
- 15.1.25. Signnow
- 15.1.26. Signority Inc.
- 15.1.27. SignWell
- 15.1.28. Symtrax Holdings, Inc.
- 15.1.29. Topaz Systems, Inc.
- 15.1.30. VÍNTEGRIS, S.L.
- 15.1.31. Zoho Corporation Pvt. Ltd.
- 15.2. Key Product Portfolio
- 16. Appendix
- 16.1. Discussion Guide
- 16.2. License & Pricing
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