Driven by the improved operational efficiency at reduced costs, enhanced security, and an organized workflow, the global market for digital signature is expected to witness a substantial rise over the forthcoming years.

Albany, NY -- (SBWire) -- 01/25/2018 --TMR estimates that the global market digital signature will expand at an exponential 26.40% CAGR from 2017 to 2025, rising from a valuation of US$631.5 mn in 2016 to a revenue opportunity of US$4,983.6 mn by 2025.

The rising number of government-funded and industry associations' initiatives, such as awareness programs for various industries, is also projected to boost the growth of this market in the near future. However, the concerns among consumers over the legality of digital signatures and the disparity between digital signature regulations across various regions may limit the market's progress over the next few years.

Global Digital Signature Market: Overview

The report on the global digital signature market provides analysis of this market for the period 2015–2025, wherein the years from 2017 to 2025 is the forecast period and 2016 is considered as the base year. Data for 2015 has been included as historical information. The report covers all the major trends and technologies playing a major role in the digital signature market growth over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during this period.

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The study provides a holistic perspective on the market's growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa and South America. Report highlights the key trends affecting the market in each region mentioned above. Furthermore, region wise prominent countries/regions covered in the report includes the following - the U.S, Canada, Germany, France, the U.K., China, Japan, Australia, GCC, South Africa and Brazil.

The market overview section of the report showcases the market dynamics and trends which includes drivers, restraints, opportunities and trends that influence the current nature and future status of this market. It also provides an overview about the key market indicators given across the five geographical regions. Under the porter's five forces analysis section, a brief analysis of the level of competition within the digital signature industry and business strategy development is provided in order to determine the competitive attractiveness and intensity of the digital signature market. The report also includes key industry developments covering significant advances made by leading market players.

Based on different deployment options, the report segments the digital signature market into on-Premise and cloud. In cloud-based deployment model, documents can be signed digitally with the help of cloud hosted signing solutions. Here the user is not required to have a locally installed digital signing software. Whereas in on-premise deployment model, digital signature solutions are locally based and is not required to be connected to the cloud.

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On the basis of industry vertical, the market has been segmented into BFSI, real estate, education, government, healthcare, retail, transportation, legal and other (nonprofit etc.). The segmentation provided has been analyzed thoroughly in the report. In terms of geography, the global digital signature market is classified into North America, Europe, Asia Pacific, Middle East & Africa, and South America.

Global Digital Signature Market: Competitive Landscape

The report provides the competitive landscape for the digital signature market, thereby listing out all the major players according to their geographic presence, market attractiveness and recent key developments. The competitive landscape section of the report gives an overview about the market share of several key players in the market for the year 2016. The digital signature market data estimates are the result of our in-depth secondary research, primary interviews and in-house expert panel reviews.

These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth. The competition matrix benchmarks leading players on the basis of their capabilities and potential to grow. Factors including market position, offerings and R&D focus are attributed to company's capabilities. This section also identifies and includes various recent developments carried out by the leading players. Moreover, key takeaways section provided at the end of competitive landscape section would help the operating companies to make the best move in this market.

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Adobe Systems Incorporated, Gemalto NV, Secured Signing Limited, SIGNiX, Ascertia, Entrust Datacard Corp., eSignLive, RPost, DocuSign Inc., IdenTrust, Inc. and Thales e-Security, Inc. are few of the key players which have been profiled in this study. Details such as financials, business strategies, SWOT analysis, and other such strategic information pertaining to these players has been duly provided as part of company profiling.

The global digital signature market has been segmented as below:

By Deployment Type

On-Premise
Cloud

By Industry Vertical

BFSI
Real Estate
Education
Government
Healthcare
Retail
Transportation
Legal
Other (Nonprofit etc.)

By Region

North America
The U.S.
Canada
Rest of North America
Europe
The U.K.
Germany
France
Rest of Europe
Asia Pacific
China
Japan
Australia
Rest of Asia Pacific
?Middle East and Africa
GCC
South Africa
Rest of Middle East and Africa
South America
Brazil
Rest of South America