Digital Signature Software Market, by Component (Software and Services), by End-user (Consumer and Enterprises), by Industry (BFSI, Defense, Government, Retail & Consumer Goods, Healthcare, Education, IT & Telecom, and Others), and by Geography (North America, Europe, Asia Pacific, and Latin America, Middle East & Africa) - Size, Share, Outlook, and Opportunity Analysis, 2022 - 2028
Digital signature is an innovative technology that is used to authenticate the legitimacy and integrate a document, software, or electronic data. Digital signatures are a standard element of most legal proceedings and cryptographic protocol suites are majorly used for software distribution, contract software management software, and financial transactions. Various countries such as the U.S., Brazil, Saudi Arabia, India, Indonesia, Switzerland, and other European countries consider electronic signature as legally significant. Digital signature is a part of electronic signature as it is also in electronic form. However, digital signatures offers more in terms of providing security and integrity of information etc.
Market Dynamics
Various companies are minimizing the security risk associated with fraud by offering data integrity, message authentication, and non-repudiation. The use of digital signature reduces the risk of documents being intercepted, deflected, or altered while in transit. Moreover, a digitally signed document can be held legal and valid in the court similar to any other signed paper document. This, in turn, has increased the adoption of digital signature software in numerous companies thereby driving growth of the global digital signature software market during the forecast period.
The adoption of digital signature software is extremely low in emerging economies, owing to lack of awareness and absence of supportive regulatory norms. Moreover, various industries are reluctant to adopt digital signature software due to lack supportive infrastructure, which in turn, is expected to restrain growth of the global digital signature software market over the forecast period.
Market Taxonomy
This report segments the global digital signature software market on the basis of component, end-user, and industry. On the basis of component, the global digital signature software market is segmented into software and services. On the basis of end-user, the market is segmented into consumer and enterprises. On the basis of industry, the market is segmented into BFSI, defense, government, retail & consumer goods, healthcare, education, IT & telecom, and others.
Key features of the study:
This report provides an in-depth analysis of the global digital signature software market and provides market size (US$ Million) and Compound Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by leading players
It profiles leading players in the global digital signature software market based on the following parameters – regulatory landscape, company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include Cryptolog SAS, Vasco Data Security International, Inc., Integrated Media Management LLC, RightSignature LLC, Secured Signing Limited, Sertifi Inc., Comsigntrust Ltd., Identrust Inc., Ascertia Ltd., and Entrust Datacard Corporation.
Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future product launches, technology up-gradation, market expansion, and marketing tactics
The global digital signature software market report caters to various stakeholders in this industry including investors, suppliers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the global digital signature software market
Detailed Segmentation:
Global Digital Signature Software Market, By Component:
Software
Services
Global Digital Signature Software Market, By End-User:
Consumer
Enterprises
Global Digital Signature Software Market, By Industry:
BFSI
Defense
Government
Retail & Consumer Goods
Healthcare
Education
IT & Telecom
Others
Company Profiles
Cryptolog SAS *
Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans
Vasco Data Security International, Inc.
Integrated Media Management LLC
RightSignature LLC
Secured Signing Limited
Sertifi Inc.
Comsigntrust Ltd.
Identrust Inc.
Ascertia Ltd.
Entrust Datacard Corporation.
*Browse all the market data tables and figures on "Global Digital Signature Software Market - Forecast to 2027”
Learn how to effectively navigate the market research process to help guide your organization on the journey to success.
Download eBook