Product Code: PM1673
The global Digital Signature market size is expected to reach USD 66.79 Billion by 2032 according to a new study by Polaris Market Research. The report "Digital Signature Market Share, Size, Trends, Industry Analysis Report By Component (Solutions (Hardware, Software), Services(Managed Services, Professional Services)); By Deployment (Cloud, On-Premise); By Application (Human Resources, Education and Research, BFSI, Government and Defense, Legal, Healthcare and Life Sciences, Real Estate, Manufacturing and Engineering) By Regions, Segments & Forecast, 2024 - 2032" gives a detailed insight into current market dynamics and provides analysis on future market growth.
The market is projected to witness a significant growth over the forecast period. Strong demand from government as well as defense sector among other applications is contributing to a rising demand for digital signatures across the globe. Governments and defense applications use digital signatures for various purposes such as forms & licenses issuing, tax and returns filing, treasury orders, online government directives and orders, file movements, filing of public information, online money orders, among others.
Features of digital signatures such as high security, tamper proof cryptographic encryption, authentication at multiple levels, as we as ability to provide certificate-based ID authentication have led the governments across the globe to adopt digital signature on a wide scale. Cost savings associated with digital signatures, ease of usage and ability to bypass fraud issues and tedious paper work are some of the other factors driving the growth in the segment.
The rising number of mobile users is proving beneficial for the overall market. Rising disposable income, cheap availability of mobile phones, are some of the major factors benefitting the rising number of mobile phone users. In comparison to situation five years ago, the download speed of internet has increased by more than six times. In addition, the prices and fees for mobile internet connection has reduced by more than 90%. This has also benefitted the overall demand for increased mobile devices sales. This trend is benefitting the overall benefitting the market from applications that involve mobile usage.
E-commerce activities especially in countries such as India and in China have witnessed tremendous rise in these countries in the recent past and the momentum is expected to continue over the next few years. High penetration of mobile phone users, declining internet prices, broad product portfolio are some of the reasons for e-commerce growth. All these activities have thus resulted in a rise in online payments which is proving to be extremely beneficial for the overall market growth.
Improving economic conditions, proactive approach taken by governments in Asia Pacific region to boost industrial sector has resulted in a rapid urbanization in the region. The region has witnessed a rapid rise in urban population in the past years. This urban population has access to smartphones, and internet and are major drivers for applications growth of the market
The digital signature operators have to maintain highly reliable as well as secure systems that cannot be easily modified and bypassed. Whenever a legal dispute arises, digital signature operators need to prove their operational reliability through means of expert verification. This entails additional costs. Companies have to offset such restraints to gain market share. Some of the leading players in the market include Kofax, Rpost Technologies, Identrust, Secured Signing Limited, SIGNiX, Entrust Datacard, DocuSign, Ascertia, Gemalto, OneSpan, Adobe, and Hellosign among others
Polaris Market research has segmented the Digital Signature market report on the basis of solution, deployment, type and region
Digital Signature Component Outlook (Revenue, USD Billion, 2019-2032)
- Software
- Hardware
- Managed Services
- Professional Services
Digital Signature Deployment Outlook (Revenue, USD Billion, 2019-2032)
Digital Signature Application Outlook (Revenue, USD Billion, 2019-2032)
- E-Commerce
- Education and Research
- Banking, Financial Services, and Insurance
- Government and Defense
- Legal
- Healthcare and Life Sciences
- Real Estate
- Manufacturing and Engineering
- Others
Digital Signature Regional Outlook (Revenue, USD Billion, 2019-2032)
- North America
- U.S.
- Canada
- Mexico
- Europe
- France
- Germany
- UK
- Italy
- Spain
- Asia Pacific
- Japan
- China
- India
- Australia
- South America
- Chile
- Brazil
- Middle East & Africa
- UAE
- Saudi Arabia
- Qatar
- Oman
Table of Contents
1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
2. Executive Summary
3. Research Methodology
- 3.1. Overview
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
4. Digital Signature Market Insights
- 4.1. Digital Signature - Solution snapshot
- 4.2. Digital Signature Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.2. Restraints and Challenges
- 4.3. Porter's Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers
- 4.3.2. Threats of New Entrants
- 4.3.3. Bargaining Power of Buyers
- 4.3.4. Threats of Substitute
- 4.3.5. Rivalry among existing firms
- 4.4. PESTLE Analysis
- 4.5. Value Chain Analysis
5. Digital Signature Market Assessment by Component
- 5.1. Introduction
- 5.2. Solutions
- 5.2.1. Global digital signature solutions market estimates and forecasts, 2019-2032 (USD Million)
- 5.2.2. Global digital signature solutions market estimates and forecasts, by region, 2019-2032 (USD Million)
- 5.2.3. Hardware
- 5.2.3.1. Global digital signature hardware market estimates and forecasts, 2019-2032 (USD Million)
- 5.2.3.2. Global digital signature hardware market estimates and forecasts, by region, 2019-2032 (USD Million)
- 5.2.4. Software
- 5.2.4.1. Global digital signature software market estimates and forecasts, 2019-2032 (USD Million)
- 5.2.4.2. Global digital signature software market estimates and forecasts, by region, 2019-2032 (USD Million)
- 5.3. Services
- 5.3.1. Global digital signature services market estimates and forecasts, 2019-2032 (USD Million)
- 5.3.2. Global digital signature services market estimates and forecasts, by region, 2019-2032 (USD Million)
- 5.3.3. Managed Services
- 5.3.3.1. Global digital signature managed services market estimates and forecasts, 2019-2032 (USD Million)
- 5.3.3.2. Global digital signature managed services market estimates and forecasts, by region, 2019-2032 (USD Million)
- 5.3.4. Professional Services
- 5.3.4.1. Global digital signature professional services market estimates and forecasts, 2019-2032 (USD Million)
- 5.3.4.2. Global digital signature professional services market estimates and forecasts, by region, 2019-2032 (USD Million)
6. Global Digital Signature Market, by Deployment
- 6.1. Introduction
- 6.2. On-Premise
- 6.2.1. Global on-premise deployment market estimates and forecasts, 2019-2032 (USD Million)
- 6.2.2. Global on-premise deployment market estimates and forecasts, by region, 2019-2032 (USD Million)
- 6.3. Cloud
- 6.3.1. Global cloud deployment market estimates and forecasts, 2019-2032 (USD Million)
- 6.3.2. Global cloud deployment market estimates and forecasts, by region, 2019-2032 (USD Million)
7. Digital Signature Market Assessment by Application
- 7.1. Introduction
- 7.2. E-commerce
- 7.2.1. Global digital signature market for e-commerce application estimates and forecasts, 2019-2032 (USD Million)
- 7.2.2. Global digital signature market for e-commerce application estimates and forecasts, by region, 2019-2032 (USD Million)
- 7.3. BFSI
- 7.3.1. Global digital signature market for BFSI application estimates and forecasts, 2019-2032 (USD Million)
- 7.3.2. Global digital signature market for BFSI application estimates and forecasts, by region, 2019-2032 (USD Million)
- 7.4. Education and Research
- 7.4.1. Global digital signature market for Education and Research application estimates and forecasts, 2019-2032 (USD Million)
- 7.4.2. Global digital signature market for Education and Research application estimates and forecasts, by region, 2019-2032 (USD Million)
- 7.5. Guest Service Management System
- 7.5.1. Global digital signature market for Guest Service Management System application estimates and forecasts, 2019-2032 (USD Million)
- 7.5.2. Global digital signature market for Guest Service Management System application estimates and forecasts, by region, 2019-2032 (USD Million)
- 7.6. Government and Defense
- 7.6.1. Global digital signature market for Government and Defense application estimates and forecasts, 2019-2032 (USD Million)
- 7.6.2. Global digital signature market for Government and Defense application estimates and forecasts, by region, 2019-2032 (USD Million)
- 7.7. Legal
- 7.7.1. Global digital signature market for legal application estimates and forecasts, 2019-2032 (USD Million)
- 7.7.2. Global digital signature market for legal application estimates and forecasts, by region, 2019-2032 (USD Million)
- 7.8. Healthcare and Life Sciences
- 7.8.1. Global digital signature market for Healthcare and Life Sciences application estimates and forecasts, 2019-2032 (USD Million)
- 7.8.2. Global digital signature market for Healthcare and Life Sciences application estimates and forecasts, by region, 2019-2032 (USD Million)
- 7.9. Real Estate
- 7.9.1. Global digital signature market for Real Estate application estimates and forecasts, 2019-2032 (USD Million)
- 7.9.2. Global digital signature market for Real Estate application estimates and forecasts, by region, 2019-2032 (USD Million)
- 7.10. Manufacturing and Engineering
- 7.10.1. Global digital signature market for Manufacturing and Engineering application estimates and forecasts, 2019-2032 (USD Million)
- 7.10.2. Global digital signature market for Manufacturing and Engineering application estimates and forecasts, by region, 2019-2032 (USD Million)
- 7.11. Others
- 7.11.1. Global digital signature market for other application estimates and forecasts, 2019-2032 (USD Million)
- 7.11.2. Global digital signature market for other application estimates and forecasts, by region, 2019-2032 (USD Million)
8. Digital Signature Market Assessment by Geography
- 8.1. Introduction
- 8.2. Digital Signature Market - North America
- 8.2.1. North America Digital Signature Market by component (USD Million), 2019-2032
- 8.2.2. North America Digital Signature Market by deployment (USD Million), 2019-2032
- 8.2.3. North America Digital Signature Market by application (USD Million), 2019-2032
- 8.2.4. Digital Signature Market - U.S.
- 8.2.4.1. U.S. Digital Signature Market by component (USD Million), 2019-2032
- 8.2.4.2. U.S. Digital Signature Market by deployment (USD Million), 2019-2032
- 8.2.4.3. U.S. Digital Signature Market by application (USD Million), 2019-2032
- 8.2.5. Digital Signature Market - Canada
- 8.2.5.1. Canada Digital Signature Market by component (USD Million), 2019-2032
- 8.2.5.2. Canada Digital Signature Market by deployment (USD Million), 2019-2032
- 8.2.5.3. Canada Digital Signature Market by application (USD Million), 2019-2032
- 8.2.6. Digital Signature Market - Mexico
- 8.2.6.1. Mexico Digital Signature Market by component (USD Million), 2019-2032
- 8.2.6.2. Mexico Digital Signature Market by deployment (USD Million), 2019-2032
- 8.2.6.3. Mexico Digital Signature Market by application (USD Million), 2019-2032
- 8.3. Digital Signature Market - Europe
- 8.3.1. Europe Digital Signature Market by component (USD Million), 2019-2032
- 8.3.2. Europe Digital Signature Market by deployment (USD Million), 2019-2032
- 8.3.3. Europe Digital Signature Market by application (USD Million), 2019-2032
- 8.3.4. Digital Signature Market - Germany
- 8.3.4.1. Germany Digital Signature Market by component (USD Million), 2019-2032
- 8.3.4.2. Germany Digital Signature Market by deployment (USD Million), 2019-2032
- 8.3.4.3. Germany Digital Signature Market by application (USD Million), 2019-2032
- 8.3.5. Digital Signature Market - UK
- 8.3.5.1. UK Digital Signature Market by component (USD Million), 2019-2032
- 8.3.5.2. UK Digital Signature Market by deployment (USD Million), 2019-2032
- 8.3.5.3. UK Digital Signature Market by application (USD Million), 2019-2032
- 8.3.6. Digital Signature Market - France
- 8.3.6.1. France Digital Signature Market by component (USD Million), 2019-2032
- 8.3.6.2. France Digital Signature Market by deployment (USD Million), 2019-2032
- 8.3.6.3. France Digital Signature Market by application (USD Million), 2019-2032
- 8.3.7. Digital Signature Market - Italy
- 8.3.7.1. Italy Digital Signature Market by component (USD Million), 2019-2032
- 8.3.7.2. Italy Digital Signature Market by deployment (USD Million), 2019-2032
- 8.3.7.3. Italy Digital Signature Market by application (USD Million), 2019-2032
- 8.3.8. Digital Signature Market - Spain
- 8.3.8.1. Spain Digital Signature Market by component (USD Million), 2019-2032
- 8.3.8.2. Spain Digital Signature Market by deployment (USD Million), 2019-2032
- 8.3.8.3. Spain Digital Signature Market by application (USD Million), 2019-2032
- 8.4. Digital Signature Market - Asia-Pacific
- 8.4.1. Asia Pacific Digital Signature Market by component (USD Million), 2019-2032
- 8.4.2. Asia Pacific Digital Signature Market by deployment (USD Million), 2019-2032
- 8.4.3. Asia Pacific Digital Signature Market by application (USD Million), 2019-2032
- 8.4.4. Digital Signature Market - China
- 8.4.4.1. China Digital Signature Market by component (USD Million), 2019-2032
- 8.4.4.2. China Digital Signature Market by deployment (USD Million), 2019-2032
- 8.4.4.3. China Digital Signature Market by application (USD Million), 2019-2032
- 8.4.5. Digital Signature Market - India
- 8.4.5.1. India Digital Signature Market by component (USD Million), 2019-2032
- 8.4.5.2. India Digital Signature Market by deployment (USD Million), 2019-2032
- 8.4.5.3. India Digital Signature Market by application (USD Million), 2019-2032
- 8.4.6. Digital Signature Market - Japan
- 8.4.6.1. Japan Digital Signature Market by component (USD Million), 2019-2032
- 8.4.6.2. Japan Digital Signature Market by deployment (USD Million), 2019-2032
- 8.4.6.3. Japan Digital Signature Market by application (USD Million), 2019-2032
- 8.4.7. Digital Signature Market - Australia
- 8.4.7.1. Australia Digital Signature Market by component (USD Million), 2019-2032
- 8.4.7.2. Australia Digital Signature Market by deployment (USD Million), 2019-2032
- 8.4.7.3. Australia Digital Signature Market by application (USD Million), 2019-2032
- 8.5. Digital Signature Market - South America
- 8.5.1. South America Digital Signature Market by component (USD Million), 2019-2032
- 8.5.2. South America Digital Signature Market by deployment (USD Million), 2019-2032
- 8.5.3. South America Digital Signature Market by application (USD Million), 2019-2032
- 8.5.4. Digital Signature Market - Brazil
- 8.5.4.1. Brazil Digital Signature Market by component (USD Million), 2019-2032
- 8.5.4.2. Brazil Digital Signature Market by deployment (USD Million), 2019-2032
- 8.5.4.3. Brazil Digital Signature Market by application (USD Million), 2019-2032
- 8.5.5. Digital Signature Market - Chile
- 8.5.5.1. Chile Digital Signature Market by component (USD Million), 2019-2032
- 8.5.5.2. Chile Digital Signature Market by deployment (USD Million), 2019-2032
- 8.5.5.3. Chile Digital Signature Market by application (USD Million), 2019-2032
- 8.6. Digital Signature Market - Middle East & Africa
- 8.6.1. MEA Digital Signature Market by component (USD Million), 2019-2032
- 8.6.2. MEA Digital Signature Market by deployment (USD Million), 2019-2032
- 8.6.3. MEA Digital Signature Market by application (USD Million), 2019-2032
- 8.6.4. Digital Signature Market - UAE
- 8.6.4.1. UAE Digital Signature Market by component (USD Million), 2019-2032
- 8.6.4.2. UAE Digital Signature Market by deployment (USD Million), 2019-2032
- 8.6.4.3. UAE Digital Signature Market by application (USD Million), 2019-2032
- 8.6.5. Digital Signature Market - Saudi Arabia
- 8.6.5.1. Saudi Arabia Digital Signature Market by component (USD Million), 2019-2032
- 8.6.5.2. Saudi Arabia Digital Signature Market by deployment (USD Million), 2019-2032
- 8.6.5.3. Saudi Arabia Digital Signature Market by application (USD Million), 2019-2032
- 8.6.6. Digital Signature Market - Qatar
- 8.6.6.1. Qatar Digital Signature Market by component (USD Million), 2019-2032
- 8.6.6.2. Qatar Digital Signature Market by deployment (USD Million), 2019-2032
- 8.6.6.3. Qatar Digital Signature Market by application (USD Million), 2019-2032
- 8.6.7. Digital Signature Market - Oman
- 8.6.7.1. Oman Digital Signature Market by component (USD Million), 2019-2032
- 8.6.7.2. Oman Digital Signature Market by deployment (USD Million), 2019-2032
- 8.6.7.3. Oman Digital Signature Market by application (USD Million), 2019-2032
9. Competitive Landscape
- 9.1. Expansion and Product Launch Analysis
- 9.1.1. Expansion
- 9.1.2. Product Launch
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
10. Company Profiles
- 10.1. Kofax
- 10.1.1. Business Overview
- 10.1.2. Financial Snapshot
- 10.1.3. Products and Services
- 10.1.4. Recent Developments
- 10.2. Identrust
- 10.2.1. Business Overview
- 10.2.2. Financial Snapshot
- 10.2.3. Products and Services
- 10.2.4. Recent Developments
- 10.3. Secured Signing Limited
- 10.3.1. Business Overview
- 10.3.2. Financial Snapshot
- 10.3.3. Products and Services
- 10.3.4. Recent Developments
- 10.4. SIGNiX
- 10.4.1. Business Overview
- 10.4.2. Financial Snapshot
- 10.4.3. Products and Services
- 10.4.4. Recent Developments
- 10.5. Entrust Datacard
- 10.5.1. Business Overview
- 10.5.2. Financial Snapshot
- 10.5.3. Products and Services
- 10.5.4. Recent Developments
- 10.6. DocuSign
- 10.6.1. Business Overview
- 10.6.2. Financial Snapshot
- 10.6.3. Products and Services
- 10.6.4. Recent Developments
- 10.7. Ascertia
- 10.7.1. Business Overview
- 10.7.2. Financial Snapshot
- 10.7.3. Products and Services
- 10.7.4. Recent Developments
- 10.8. Gemalto
- 10.8.1. Business Overview
- 10.8.2. Financial Snapshot
- 10.8.3. Products and Services
- 10.8.4. Recent Developments
- 10.9. OneSpan
- 10.9.1. Business Overview
- 10.9.2. Financial Snapshot
- 10.9.3. Products and Services
- 10.9.4. Recent Developments
- 10.10. Adobe
- 10.10.1. Business Overview
- 10.10.2. Financial Snapshot
- 10.10.3. Products and Services
- 10.10.4. Recent Developments