DUBLIN--(BUSINESS WIRE)--Research and Markets has announced the addition of the "Digital Signature Market by Component, Deployment Type, Industry Vertical - Global Opportunity Analysis and Industry Forecast, 2014-2022" report to their offering.
The global digital signature market size was valued at $517 million in 2015, and is expected to reach $3,440 million by 2022. The software segment is expected to dominate the global market during 2016-2022. The digital signature industry in North America accounted for 38% share of the global market in 2014, while the European market is expected to witness significant growth rate during the forecast period.
Digital signature is a mathematical technique, which is used to prove the authenticity of an electronic document or message such as e-mails, word file, PDF, and others. Digital signature is used in enterprises to increase operational competency, reduce turnaround time, reduce upfront cost, and improve efficiency. Furthermore, increase in smartphone penetration, surge in online transactions for banking, e-commerce, and other activities, and aggrandized need for data security & authentication have fueled the market growth. However, resistance to adapt existing applications or systems to implement digital signature and high costs of investment hamper the market growth.
The cloud-based segment dominated the global digital signature industry in 2014, with around 66% share. However, the on-premises deployment is preferred among various international & national banking, financial institutions, and government organizations, which require complete control over data. However, the cloud based segment is anticipated to grow at the highest growth rate during the forecast period, owing to its ease of availability and low cost of deployment.
- Adobe Systems, Inc.
- Entrust Datacard Group
- eSignLive by VASCO
- Gemalto N.V.
- IdenTrust Inc.
- Kofax Limited (A Lexmark Company)
- RPost Technologies
Secured Signing Limited
Key Topics Covered:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Global Digital Signature Market, By Component
Chapter 5 Global Digital Signature Market, By Deployment Type
Chapter 6 Global Digital Signature Market, By Industry Verticals
Chapter 7 Digital Signature Market, By Geography
Chapter 8 Company Profiles
For more information about this report visit http://www.researchandmarkets.com/research/hwlczr/digital_signature