Market Overview:
The global digital signature software market is expected to grow at a CAGR of 10.8% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for digital signatures for authentication and verification purposes across different industries. Additionally, the growing trend of online and mobile payments is also contributing to the growth of this market. Based on type, the global digital signature software market can be segmented into software and services. The software segment is expected to account for a larger share of this market than services during the forecast period. This can be attributed to the increasing demand for standalone digital signature solutions among businesses worldwide. Based on application, the global digital signature software market can be divided into BFSI, defense, government, retail and consumer goods, healthcare, education IT and telecom ,and others .The BFSI sector is expected to account for a major share of this market duringthe forecast period owingto th egrowing needamong financial institutionsfor secure authentication methods .
Product Definition:
A digital signature software is a computer program that helps users to create electronic signatures. These signatures are used to verify the identity of the sender and ensure the security of the data being transmitted. Digital signature software can also be used to sign documents in a legally binding manner.
Software:
Software is an execution of one or more procedures/ algorithms using a computer program. Software is used in digital signature to validate the identity and sign the document. The major function of software in digital signature is to provide means for two parties, namely signer (sender) and recipient (receiver), to verify that the document has not been altered after it has been signed by the sender. Digital signatures are widely used for commercial transactions such as contracts, agreements, purchase orders, etc.
Services:
The global services and it's usage in digital signature software market size was valued at USD 0.00 in 2016. The increasing need for secure transactions worldwide is expected to be a key factor driving the growth of this market over the forecast period. Services & it's usage in Digital Signature Software (DSS) helps to provide a high degree of data security, which is also expected to drive its demand over the next seven years.
Application Insights:
The banking, financial services, and insurance (BFSI) segment accounted for the largest market share in 2017. The BFSI sector is one of the leading adopters of digital signature software as it helps in reducing frauds and increasing security. Furthermore, growing adoption of e-signature solutions by banks to reduce paper work is expected to drive the global demand over the forecast period.
Defense application was another prominent segment accounting for a significant market share in 2017 owing to its stringent requirements on authentication and authorization procedures across all levels of an organization or departmental structure. Moreover, increasing penetration across defense agencies globally coupled with a need for secure communication channels at higher levels within organizations has contributed significantly towards segment growth over recent years.
Regional Analysis:
The market in North America is expected to grow at a significant rate over the forecast period. The growth can be attributed to the presence of major companies such as Symantec Corporation; VeriSign, Inc.; and GlobalSign Limited that provide digital signature solutions in this region. In addition, increasing government regulations pertaining to data protection are also driving the demand for these services in this region. For instance, according to Gramm-Leach-Bliley (GLB) Act section 201(b), financial institutions have a responsibility to protect consumer information by ensuring compliance with security standards established by federal banking agencies and securities regulators. This is likely drive regional growth over the next few years.
Asia Pacific is estimated to be one of the fastest growing regions during 2016 - 2030 due its developing economy and increased adoption of emerging technologies such as e-signature software among others which has led it being named “The Digital Signature Asiaâ€).
Growth Factors:
- Increasing demand for secure and authenticated online transactions.
- Proliferation of mobile devices and BYOD policies in enterprises.
- Growing need for digital signatures in government and legal sector to authenticate documents and transactions.
- Rising awareness about the benefits of digital signatures among businesses and consumers alike.
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Signature Software Market Research Report
By Type
Software, Services
By Application
BFSI, Defense, Government, Retail And Consumer Goods, Healthcare, Education, IT And Telecom, Others
By Companies
VASCO Data Security International, RightSignature, SERTIFI, Identrust, Entrust Datacard, Cryptolog, Ascertia, Comsigntrust, Secured Signing, Integrated Media Management
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
187
Number of Tables & Figures
131
Customization Available
Yes, the report can be customized as per your need.
Global Digital Signature Software Market Report Segments:
The global Digital Signature Software market is segmented on the basis of:
Types
Software, Services
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
BFSI, Defense, Government, Retail And Consumer Goods, Healthcare, Education, IT And Telecom, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- VASCO Data Security International
- RightSignature
- SERTIFI
- Identrust
- Entrust Datacard
- Cryptolog
- Ascertia
- Comsigntrust
- Secured Signing
- Integrated Media Management
Highlights of The Digital Signature Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Software
- Services
- By Application:
- BFSI
- Defense
- Government
- Retail And Consumer Goods
- Healthcare
- Education
- IT And Telecom
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Signature Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Digital signature software is a type of software that helps to create and verify digital signatures. Digital signatures are used to ensure the authenticity of electronic messages and documents.
Some of the major players in the digital signature software market are VASCO Data Security International, RightSignature, SERTIFI, Identrust, Entrust Datacard, Cryptolog, Ascertia, Comsigntrust, Secured Signing, Integrated Media Management.
The digital signature software market is expected to grow at a compound annual growth rate of 10.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Signature Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Signature Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Signature Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Signature Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Signature Software Market Size & Forecast, 2018-2028
4.5.1 Digital Signature Software Market Size and Y-o-Y Growth
4.5.2 Digital Signature Software Market Absolute $ Opportunity
Chapter 5 Global Digital Signature Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Signature Software Market Size Forecast by Type
5.2.1 Software
5.2.2 Services
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Signature Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Signature Software Market Size Forecast by Applications
6.2.1 BFSI
6.2.2 Defense
6.2.3 Government
6.2.4 Retail And Consumer Goods
6.2.5 Healthcare
6.2.6 Education
6.2.7 IT And Telecom
6.2.8 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Signature Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Signature Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Signature Software Analysis and Forecast
9.1 Introduction
9.2 North America Digital Signature Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Signature Software Market Size Forecast by Type
9.6.1 Software
9.6.2 Services
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Signature Software Market Size Forecast by Applications
9.10.1 BFSI
9.10.2 Defense
9.10.3 Government
9.10.4 Retail And Consumer Goods
9.10.5 Healthcare
9.10.6 Education
9.10.7 IT And Telecom
9.10.8 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Signature Software Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Signature Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Signature Software Market Size Forecast by Type
10.6.1 Software
10.6.2 Services
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Signature Software Market Size Forecast by Applications
10.10.1 BFSI
10.10.2 Defense
10.10.3 Government
10.10.4 Retail And Consumer Goods
10.10.5 Healthcare
10.10.6 Education
10.10.7 IT And Telecom
10.10.8 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Signature Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Signature Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Signature Software Market Size Forecast by Type
11.6.1 Software
11.6.2 Services
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Signature Software Market Size Forecast by Applications
11.10.1 BFSI
11.10.2 Defense
11.10.3 Government
11.10.4 Retail And Consumer Goods
11.10.5 Healthcare
11.10.6 Education
11.10.7 IT And Telecom
11.10.8 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Signature Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Signature Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Signature Software Market Size Forecast by Type
12.6.1 Software
12.6.2 Services
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Signature Software Market Size Forecast by Applications
12.10.1 BFSI
12.10.2 Defense
12.10.3 Government
12.10.4 Retail And Consumer Goods
12.10.5 Healthcare
12.10.6 Education
12.10.7 IT And Telecom
12.10.8 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Signature Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Signature Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Signature Software Market Size Forecast by Type
13.6.1 Software
13.6.2 Services
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Signature Software Market Size Forecast by Applications
13.10.1 BFSI
13.10.2 Defense
13.10.3 Government
13.10.4 Retail And Consumer Goods
13.10.5 Healthcare
13.10.6 Education
13.10.7 IT And Telecom
13.10.8 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Signature Software Market: Competitive Dashboard
14.2 Global Digital Signature Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 VASCO Data Security International
14.3.2 RightSignature
14.3.3 SERTIFI
14.3.4 Identrust
14.3.5 Entrust Datacard
14.3.6 Cryptolog
14.3.7 Ascertia
14.3.8 Comsigntrust
14.3.9 Secured Signing
14.3.10 Integrated Media Management
