Published Date: August 2024
Digital Signatures are electronic, stamp of authentication on digital information such as electronic documents, email messages and macros and confirms integrity of message. Digital signatures are broadly classified into major four classes as certified signatures, approval signatures, visible digital signatures, and invisible digital signatures. Rising adoption of digital technologies has become the major factor in target market growth. Increasing acceptance of biometric components based on the digital signatures in the BFSI sector has further driving growth of the digital signatures market. Digital Signature Market Size was valued at USD 10.1 Billion in 2024 and is expected to reach USD 270 Billion by 2034 growing at a CAGR of 43.4%
The report “Digital Signatures Market Size, Share, By Component (Software, Hardware, and Services (Managed and Professional)), By Deployment Type (Cloud-Based and On-Premises), By Application (Government, IT, Healthcare and Life Science, BFSI, Telecom, Retail, and Others (Real- Estate, Education, Transportation, and Legal)), and By Region - Trends, Analysis and Forecast till 2034”
Key Highlights:
- In March 2023, docStribute launched “dSign” digital signing solution to leverage the power of Distributed Ledger Technology and existing infrastructure of dSend. New launched system offers user the solution of legally binding digital signatures that reduces time by 80% and enabling business to be conducted faster and in securely manner.
- In November 2022, NBK (National Bank of Kuwait) launched digital signature for personal loans and credit card applications. These services are available through NBK Online Banking and NBK Mobile Banking without any need to visit bank.
Analyst View:
The key factor driving the growth of the Digital Signatures market is rising adoption of digital technologies. Rising demand for digital signatures in verifying documents in areas such as patient consents, court documents and records, contracts, cash management documents, policies and claims are factors which is anticipated to increase the demand for Digital Signatures market in coming years. As a result, market competition is intensifying, and both big international corporations and start-ups are vying to establish position in the market.
Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Digital Signatures Market, By Component (Software, Hardware, and Services (Managed and Professional)), By Deployment Type (Cloud-Based and On-Premises), By Application (Government, IT, Healthcare and Life Science, BFSI, Telecom, Retail, and Others (Real- Estate, Education, Transportation, and Legal)), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East & Africa) - Trends, Analysis and Forecast till 2034”
Key Market Insights from the report:
Digital Signatures Market was valued at US$ 10.1 billion in 2024 and is projected to grow at a CAGR of 43.4 % to reach US$ 270 billion by 2034. The Digital Signatures Market is segmented based on Component, Deployment Type, Application and Region.
- Based on Component, Digital Signatures Market is segmented into Software, Hardware, and Services (Managed and Professional).
- Based on Deployment Type, Digital Signatures Market is segmented into Cloud-Based and On-Premises.
- Based on Application, Digital Signatures Market is segmented into Government, IT, Healthcare and Life Science, BFSI, Telecom, Retail, and Others (Real- Estate, Education, Transportation, and Legal.
- By Region, the Digital Signatures Market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Competitive Landscape & their strategies of Digital Signatures Market:
The prominent players operating in the Digital Signatures Market includes, SunGard Signix Inc., DocuSign Inc., SafeNet Inc., ePadLink Ltd., Topaz systems Inc., Ascertia., Globalsign Inc., RightSignature LLC., HelloSign Inc., and Wacom Co. Ltd.
The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.
About Prophecy Market Insights
Prophecy Market Insights is specialized market research, analytics, marketing/business strategy, and solutions that offers strategic and tactical support to clients for making well-informed business decisions and to identify and achieve high-value opportunities in the target business area. We also help our clients to address business challenges and provide the best possible solutions to overcome them and transform their business.
To know more
Contact Us:
Sales
Prophecy Market Insights
U.S: 1 860 531 2574
RoW: 91 7775049802
Email- [email protected]
Website- www.prophecymarketinsights.com
Blog- www.prophecyjournals.com
We can customize every report - free of charge - including purchasing stand-alone sections or country-level reports
Custmoized Your ReportWe help clients to procure the report or sections of the report at their budgeted price. Kindly click on the below to avail
Request for Discount



Quick contact
