COVID-19 Impacts: Digital Signature Market Will Accelerate at a CAGR of over 27% through 2020-2024|Growing Number of Partnerships and Acquisitions to Boost Growth| Technavio
Technavio has been monitoring the digital signature market and it is poised to grow by USD 2.77 billion during 2020-2024, progressing at a CAGR of over 27% during the forecast period. The report offers an up-to-date analysis regarding the current market scenario, latest trends and drivers, and the overall market environment.
What was the value of the digital signature market in 2019?
Technavio says that the value of market was at USD 1.20 billion in 2019 and is projected to reach USD 3.97 billion by 2024.
At what rate is the market projected to grow during the forecast period 2020-2024?
Growing at a CAGR of over 27%, the market growth will accelerate in the forecast period of 2020-2024.
What is the key factor driving the market?
Growing number of partnerships and acquisitions is one of the key factors driving the market growth.
Who are the top players in the market?
Adobe Inc., DocuSign Inc., Dropbox Inc., Entrust Datacard Corp., GlobalSign Ltd., Kofax Inc., OneSpan Inc., Oracle Corp., SIGNiX Inc., and Thales Group are some of the major market participants.
Which region is expected to hold the highest market share?
North America
What is the year-over-year growth rate of the global market?
The year-over year growth rate for 2020 is estimated at 22.52%.
The market is concentrated, and the degree of concentration will accelerate during the forecast period. Adobe Inc., DocuSign Inc., Dropbox Inc., Entrust Datacard Corp., GlobalSign Ltd., Kofax Inc., OneSpan Inc., Oracle Corp., SIGNiX Inc., and Thales Group are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
Growing number of partnerships and acquisitions has been instrumental in driving the growth of the market.
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. Our digital signature market report covers the following areas:
Digital Signature Market size
Digital Signature Market trends
Digital Signature Market analysis
This study identifies the increasing adoption of digital signature in cloud-based deployments as one of the prime reasons driving the digital signature market growth during the next few years.
Digital Signature Market 2020-2024: Vendor Analysis
We provide a detailed analysis of vendors operating in the digital signature market, including some of the vendors such as Adobe Inc., DocuSign Inc., Dropbox Inc., Entrust Datacard Corp., GlobalSign Ltd., Kofax Inc., OneSpan Inc., Oracle Corp., SIGNiX Inc., and Thales Group. Backed with competitive intelligence and benchmarking, our research reports on the digital signature market are designed to provide entry support, customer profile and M&As as well as go-to-market strategy support.
Digital Signature Market 2020-2024: Key Highlights
CAGR of the market during the forecast period 2020-2024
Detailed information on factors that will assist digital signature market growth during the next five years
Estimation of the digital signature market size and its contribution to the parent market
Predictions on upcoming trends and changes in consumer behavior
The growth of the digital signature market
Analysis of the market's competitive landscape and detailed information on vendors
Comprehensive details of factors that will challenge the growth of digital signature market vendors
Table of Contents:
Executive Summary
Market Landscape
Market ecosystem
Value chain analysis
Market Sizing
Market definition
Market segment analysis
Market size 2019
Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
Five Forces Summary
Bargaining power of buyers
Bargaining power of suppliers
Threat of new entrants
Threat of substitutes
Threat of rivalry
Market condition
Market Segmentation by End user
Market segments
Comparison by End user
BFSI - Market size and forecast 2019-2024
Government - Market size and forecast 2019-2024
Healthcare - Market size and forecast 2019-2024
Legal - Market size and forecast 2019-2024
Others - Market size and forecast 2019-2024
Market opportunity by End user
Customer landscape
Customer landscape
Geographic Landscape
Geographic segmentation
Geographic comparison
North America - Market size and forecast 2019-2024
Europe - Market size and forecast 2019-2024
APAC - Market size and forecast 2019-2024
South America - Market size and forecast 2019-2024
MEA - Market size and forecast 2019-2024
Key leading countries
Market opportunity by geography
Volume Drivers- Demand led growth
Market Challenges
Market Trends
Vendor Landscape
Vendor landscape
Landscape disruption
Vendor Analysis
Vendors covered
Market positioning of vendors
Adobe Inc.
DocuSign Inc.
Dropbox Inc.
Entrust Datacard Corp.
GlobalSign Ltd.
Kofax Inc.
OneSpan Inc.
Oracle Corp.
SIGNiX Inc.
Thales Group
Appendix
Scope of the report
Currency conversion rates for US$
Research methodology
List of abbreviations
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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