Digital Signature Market - Size, Application, Market share, Global Trends and Forecast 2024

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Digital Signature Market Analysis and Forecast
(2014 - 2024)
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Digital Signature Market

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Digital Signature Market
Industry Overview
The global digital signature market was valued at
USD 896.3 million in 2017 and is projected to
grow at a CAGR of 28.1 during the forecast
period. In order to secure any confidential data,
use of digital signature performs a crucial role
in attaining it. The increasing number of cases
related to online cyber breach and threats have
uplifted the demand for digital signature
solutions as it enables signing a particular
document via online mode without major worries.
It has been observed that implementation of
digtal signature in workplace is enabling the
business organizations to send business and legal
documents in an authenticated manner that reduces
risk for the enterprises and enables efficient
work process. These factors are thereby
contributing towards the growth of the market.
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Digital Signature Market
Growth Drivers
Increasing adoption of digital signature
solutions in order to decrease fraudulent acts,
implementation of elimination of paperwork act by
the government and extensive adoption of
biometrics based signatures in BFSI sector are
the major factors driving the growth of the
digital signature market. The bio-metric based
signature technology is observed as a most
protected measure in order to precede
authentication and identification process of an
individual. Additionally, the pattern of
signature cannot be duplicated or stolen as a
result of which it is gaining huge momentum
across several organizations across the globe.
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Digital Signature Market
Geographic Overview
Geographically, North America is the largest
digital signature market with more than 40
revenue contribution to the global market in 2017
and the market is projected to witness
significant growth in the coming years, owing to
extensive growth opportunities observed due to
flourishing demand of these signatures from legal
and financial sector along with adhering of
strict cyber regulatory reforms. Explore Full
Report Description At https//www.vynzresearch.co
m/ict-media/digital-signature-market
Furthermore, it has been observed that the
Asia-Pacific digital signature market is expected
to witness the highest growth owing to extensive
adoption of this technology in various small and
medium and large enterprises. Additionally, the
government of India has implemented several
measures in order to enhance the growth of
digital signature market in this region.
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Digital Signature Market
Competitive Insight
Some of the key players in the digital signature
industry are Adobe Systems, Inc, Ascertia,
Microsoft Corporation, Docusign, Inc., Entrust
Datacard Corp, Gemalto, Inc, IdenTrust, Inc,
International Business solutions llc, Kofax
Limited, Korea SYSTEMs TECH Inc, Kotrade Inc,
Right Signature LLC, Secured Signing Limited,
Signix Inc and Oracle Corporation.
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Digital Signature Market
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