The digital signature method is utilized for authentication and validation of digital documents, software, or an electronic message. The handwritten signatures are used to verify physical documents. In the same way, digital signatures are used to verify and consent the content of digital documents, including word documents, e-mails, and portable document format. A digital signature is hooked on encryption and decryption methods.
The "Global Digital Signature Market Analysis to 2028" is a specialized and in-depth study with a special focus on the global market trend analysis. The report aims to provide an overview of the digital signature market with detailed market segmentation by offering, end-user, and geography. The report provides key statistics on the market status of the leading digital signature market players and offers key trends and opportunities in the market.
- Based on offering, the global digital signature market is segmented into solution and services.
- On the basis of end-user, the market is segmented into bfsi, government, legal, and others.
- The increasing investments in electronic documents by enterprises and governments and improved security with a controlled and seamless workflow are some of the significant factors driving the growth of the digital signature market.
- The rising usage of digital signature to eradicate fraud is one of the factors which is anticipated to boost the growth of the digital signature market.
- Lack of awareness about the advantages of the digital signature is the major factor that may restrain the growth of the digital signature market.
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The digital signature market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the digital signature market in these regions.
IMPACT OF COVID-19ON DIGITAL SIGNATURE MARKET
COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products. In addition to this, the global travel bans imposed by countries in Europe, Asia-Pacific, and North America are affecting the business collaborations and partnerships opportunities.
The report covers key developments in the digital signature market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market players from digital signature market are anticipated to lucrative growth opportunities in the future with the rising demand in the global market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the digital signature market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Adobe Inc.
- Alankit Limited
- Desk Nine Pvt. Ltd.
- Docusign, Inc.
- eMudhra Limited
- esign India
- Truecopy Credentials Private Limited
- Webcom Systems
- Zoho Corporation Pvt. Ltd.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.