Global Digital Signature Market 2023-2027

Global Digital Signature Market 2023-2027

Technavio has been monitoring the digital signature market and is forecast to grow by $16,400.28 mn during 2022-2027, accelerating at a CAGR of 36.6% during the forecast period. Our report on the digital signature market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.

The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by the growing number of partnerships and acquisitions, increasing digital signature adoption in cloud-based deployment, and government regulations supporting digital signature.

Technavio's digital signature market is segmented as below:

By End-user

• BFSI
• Government
• Healthcare
• Legal
• Others

By Component

• Software
• Hardware
• Service

By Geography

• North America
• Europe
• APAC
• South America
• Middle East and Africa

This study identifies the growing number of apps for digital signatures as one of the prime reasons driving the digital signature market growth during the next few years. Also, the increasing adoption of blockchain technology into digital signatures and the growing adoption of digital signatures by SMEs will lead to sizable demand in the market.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our report on the digital signature market covers the following areas:

• Digital signature market sizing
• Digital signature market forecast
• Digital signature market industry analysis

Technavio's robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading digital signature market vendors that include Ascertia, DocuSign Inc., Dropbox Inc., Entrust Corp., GMO Internet Group Inc., OneSpan Inc., Oracle Corp., PandaDoc Inc., Revvsales Inc., RPost UK Limited, Salesforce.com Inc., Secured Signing Ltd., SIBS Multicert, Signflow, SIGNiX Inc., Symtrax, Thales Group, Thoma Bravo LP, Zoho Corp. Pvt. Ltd., and Adobe Inc. Also, the digital signature market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.

The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. Technavio's market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.