Digital Signature Market by Geography (APAC, Europe, MEA, North America, and South America) and End-User (BFSI, Government, Healthcare, Legal, and others) | COVID-19 Recovery Analysis
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.
Forecast of how market drivers, restraints, and future opportunities will affect the market dynamics
Segments and regions that will drive or lead market growth and why
Comprehensive mapping of the competitive landscape
In-depth analysis of key sustainability strategies adopted by market players
Although the COVID-19 pandemic continues to transform the growth of various industries, the immediate impact of the outbreak is varied. While a few industries will register a drop in demand, numerous others will continue to remain unscathed and show promising growth opportunities. Technavio's in-depth research has all your needs covered as our research reports include all foreseeable market scenarios, including pre- & post-COVID-19 analysis. Download a Free Sample Report on COVID-19 Impacts
Frequently Asked Questions-
Based on segmentation by end-user, which is the leading segment in the market?
The BFSI segment is expected to be the leading segment based on end-user in the global market during the forecast period.
What are the major trends in the market?
Increasing digital signature adoption in cloud-based deployment is one of the major trends in the market.
At what rate is the market projected to grow?
Growing at a CAGR of over 27%, the incremental growth of the market is anticipated to be USD 2.77 billion.
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.
What are the key market drivers and challenges?
Growing number of partnerships and acquisitions is one of the major factors driving the market. However, security concerns associated with digital signatures will restrain market growth.
How big is the North America market?
The North America region will contribute 43% of market growth.
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. The growing number of partnerships and acquisitions will offer immense growth opportunities. To make most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.
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Technavio's custom research reports offer detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will also help clients keep up with new product launches in direct & indirect COVID-19 related markets, upcoming vaccines and pipeline analysis, and significant developments in vendor operations and government regulations.
Digital Signature Market 2020-2024: Segmentation
Digital Signature Market is segmented as below:
End-user
BFSI
Government
Healthcare
Legal
Others
Geographic
North America
Europe
APAC
South America
MEA
Digital Signature Market 2020-2024: Scope
Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The digital signature market report covers the following areas:
Digital Signature Market Size
Digital Signature Market Trends
Digital Signature Market Analysis
This study identifies increasing digital signature adoption in cloud-based deployment as one of the prime reasons driving the digital signature market growth during the next few years.
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19 impacted market research reports.
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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