Digital Signature Market to Rise with a Lucrative Growth by 2022

1. Opportunity Analysis and Industry Forecast, 2016-2023 Digital Signature Market Global Opportunity Analysis and Industry Forecast, 2014-2022

2. Introduction Digital Signature Market is expected to reach $3,440 million by 2022 Increase in need for securing data transfers through internet is one of the major driving factors of the industry Digital signature is a mathematical technique, which is used to prove the authenticity of an electronic document or message such as e-mails, word file, PDF, and others Furthermore, increase in smartphone penetration, surge in online transactions for banking, e-commerce, and other activities, and aggrandized need for data security & authentication have fueled the market growth Also, software and services in digital signature market are expected to witness significant growth during the study period The digital signature industry in North America accounted for 38% share of the global market in 2014, while the European market is expected to witness significant growth rate during the forecast period

3. Key Factors of the Market • Digital signature solution offers various advantages such as increased efficiency, reduced turnover time, lower costs, and enhanced security • Also, it ensures enhanced data integrity, scalability, and transparency, and customer satisfaction, propelling the digital signature market growth • Rise in online banking as well as e-commerce activities and increase in internet penetration fuel the adoption of digital signature across various industries • The digital signature technology can improve security mechanism for transmitting e-documents, owing to more secured encryption, and use of advanced public key infrastructures (PKIs) and other efficient locking mechanism • Cloud-based deployment of digital signature solutions has gained widespread acceptance across the globe on account of lower implementation costs and easy of availability of cloud storage

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5. Key Benefits of the Market • The software segment dominated the overall digital signature market, in terms of revenue, and is projected to grow at a CAGR of 30.7% during the forecast period • The cloud-based digital signature market dominated the global market in 2014, and is anticipated to grow at the highest CAGR from 2016 to 2022 • The hardware segment generated the maximum revenue in 2014, and is anticipated to grow at a CAGR of 28.8% • The BFSI segment generated the highest revenue in 2014, and is estimated to maintain its dominance during the forecast period • In 2014, North America was the dominant region. Europe is projected to grow at the highest CAGR, with the UK market being the major contributor

6. Market Segmentation

7. Key Players of the Market • Ascertia • Adobe Systems, Inc. • Docusign • Entrust Datacard Group • Esignlive By Vasco • Gemalto N.V. • Identrust Inc. • Kofax Limited (a Lexmark Company) • Rpost Technologies • Secured Signing Limited • For purchase enquiry, visit @ https://www.alliedmarketresearch.com/purchase-enquiry/1960

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