U.S. Digital Signature Market by Solution (Software, Hardware), by Service (Managed, Professional), by Deployment Type (Cloud Based, On-Premise), by Application - Market Size, Share, Development, Growth and Demand Forecast, 2013-2023

  • ID: 4451364
  • Report
  • Region: United States
  • 75 pages
  • P&S Market Research
1 of 4
U.S. Digital Signature Market Size is Forecasted to Reach $1,013 Million By 2023, is Expected to Register Over 20% CAGR During 2017-2023.

FEATURED COMPANIES

  • Adobe Systems, Inc.
  • Ascertia
  • DocuSign Inc.
  • eSignLive
  • Gemalto N.V.
  • Secured Signing Limited
  • MORE

U.S. Digital Signature Market by Solution (Software, Hardware), by Service (Managed, Professional), by Deployment Type (Cloud Based, On-Premise), by Application (Government, IT & Telecom, Healthcare & life Sciences, Retail & Manufacturing) - Market Size, Share, Development, Growth and Demand Forecast, 2013-2023

Increasing use of digital signatures to eliminate fraud, has been cited as one of the prime factors for strong growth of the market in the country. A lot of counterfeit and tempering incidences has been observed in software distribution and financial transaction processes across the U.S., which is creating robust demand for digital signature in the country.

Digital signature enables the sender to digitally sign and send the document, and allow them to authenticate receiver. Obligation of validating digital documents across different verticals including patient consents, contracts, court documents, claims, cash management, policies, and records, is backing the market growth.

Insights on market segments

Among solutions in the digital signature market, software led the market in terms of revenue contribution in 2016. The market for software is expected to grow faster than hardware, during the forecast period. Businesses across the globe, particularly in the U.S., are ditching paper work and signing important documents online. This trend is backed by globalization, rapid digitization and penetration of smart phones across various industry verticals in recent years.

The market for cloud based deployment was larger than on-premised based deployment in the U.S. digital signature market. The market for cloud deployment is also expected to witness a faster growth than on-premise, during the forecast period. The fast growth of cloud based will be driven by companies operating in the market that are rolling out subscription based hosted offerings. Moreover, the global acceptance of cloud based services and emergence of pay-as-you-go models have escalated its demand among enterprises in the country.

Expansion of U.S. e-commerce industry generating more demand for digital signatures

The expansion of e-commerce industry in the country is witnessed as a good growth opportunity for the market. The U.S. e-commerce industry is projected to expand in future amid rising internet penetration and ease in online transactions. According to the e-Commerce Foundation, in 2015, the e-commerce market in the country was second largest across the globe. The use of digital signature by various e-commerce companies provides them with integrity, confidentiality, authentication and legal non-repudiation in business transactions.

Moderate competition in the industry

The U.S. digital signature market is moderately competitive with players developing new strategies, particularly new product launches to reach their customers in the most effective and efficient way. For instance, in July 2017, Zoho, an operating system (OS) provider, announced the launch of Zoho Sign. The new launch is a digital signature app for businesses, aiming to set the company's big step in the digital transaction management market. The new launch would enable businesses to sign and send legally binding contracts from anywhere, using a signing process, which is highly simple in nature.

Some of the key players in U.S. digital signature market are Adobe Systems Inc., Secured System Limited, Gemalto N.V., SIGNiX Inc., Entrust Datacard Corporation, DocuSign Inc., eSignLive, and Ascertia.

READ MORE
Note: Product cover images may vary from those shown
2 of 4

FEATURED COMPANIES

  • Adobe Systems, Inc.
  • Ascertia
  • DocuSign Inc.
  • eSignLive
  • Gemalto N.V.
  • Secured Signing Limited
  • MORE
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Solution
1.3.2 Market Segmentation by Service
1.3.3 Market Segmentation by Deployment Type
1.3.4 Market Segmentation by Application
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.3.6.1 Value
1.4 Key Stakeholders

Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 By industry participant
2.2.2 By company type
2.3 Market Size Estimation
2.4 Data Triangulation
2.5 Assumptions for the Study

Chapter 3. Executive Summary

Chapter 4. Introduction
4.1 Definition of Market Segments
4.1.1 By Solution
4.1.1.1 Software
4.1.1.2 Hardware
4.1.2 By Service
4.1.2.1 Managed
4.1.2.2 Professional
4.1.3 By Deployment Type
4.1.3.1 Cloud Based
4.1.3.2 On-Premises
4.1.4 By Application
4.1.4.1 Government
4.1.4.2 IT & telecom
4.1.4.3 BFSI
4.1.4.4 Healthcare & life science
4.1.4.5 Retail & manufacturing
4.1.4.6 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 U.S. government’s paperwork elimination act
4.3.1.2 Increasing adoption of digital signature based biometrics in BFSI sector
4.3.1.3 Increasing signature frauds in the U.S.
4.3.1.4 Impact analysis of drivers on market forecast
4.3.2 Restraints
4.3.2.1 Separate laws for digital signature by the state and federal governments
4.3.2.2 High cost of digital signature solution
4.3.2.3 Availability of conventional paper-based signature procedures
4.3.2.4 Impact analysis of restraints on market forecast
4.3.3 Opportunities
4.3.3.1 Expansion of e-commerce industry
4.3.3.2 Emergence of highly secured cloud-based signature solutions
4.4 Porter’s Five Forces Analysis
4.4.1 Bargaining power of buyers
4.4.2 Bargaining power of suppliers
4.4.3 Intensity of rivalry
4.4.4 Threat of new entrants
4.4.5 Threat of substitutes

Chapter 5. Market Size and Forecast
5.1 By Solution
5.2 By Service
5.3 By Deployment Type
5.4 By Application

Chapter 6. Competitive Landscape
6.1 Product Benchmarking of Key Players
6.2 Strategic Developments of Key Players
6.2.1 Merger and Acquisition
6.2.2 Product Launch
6.2.3 Partnership

Chapter 7. Company Profiles
7.1 Adobe Systems, Inc.
7.1.1 Business Overview
7.1.2 Product and Service Offerings
7.1.3 Key Financial Summary
7.1.4 Strategic Growth Plans
7.2 Secured Signing Limited
7.2.1 Business Overview
7.2.2 Product and Service Offerings
7.2.3 Strategic Growth Plans
7.3 Gemalto N.V.
7.3.1 Business Overview
7.3.2 Product and Service Offerings
7.3.3 Key Financial Summary
7.3.4 Strategic Growth Plans
7.4 SIGNiX Inc.
7.4.1 Business Overview
7.4.2 Product and Service Offerings
7.5 Entrust Datacard Corporation
7.5.1 Business Overview
7.5.2 Product and Service Offerings
7.6 Ascertia
7.6.1 Business Overview
7.6.2 Product and Service Offerings
7.7 DocuSign Inc.
7.7.1 Business Overview
7.7.2 Product and Service Offerings
7.8 eSignLive
7.8.1 Business Overview
7.8.2 Product and Service Offerings

Chapter 8. Appendix
8.1 Abbreviations
8.2 Related Reports

List of Tables
Table 1 Analysis Period Of The Study
Table 2 Drivers For The Market: Impact Analysis
Table 3 Pricing Details Of Some Vendors
Table 4 Restraints For The Market: Impact Analysis
Table 5 U.S. Digital Signature Market, By Solution, $M (2013 - 2016)
Table 6 U.S. Digital Signature Market, By Solution, $M (2017 - 2023)
Table 7 U.S. Digital Signature Market, By Service, $M (2013 - 2016)
Table 8 U.S. Digital Signature Market, By Service, $M (2017 - 2023)
Table 9 U.S. Digital Signature Market, By Deployment Type, $M (2013 - 2016)
Table 10 U.S. Digital Signature Market, By Service, $M (2017 - 2023)
Table 11 U.S. Digital Signature Market, By Application, $M (2013 - 2016)
Table 12 U.S. Digital Signature Market, By Application, $M (2017 - 2023)
Table 13 Adobe Systems, Inc. - At A Glace
Table 14 Adobe Systems, Inc. - Key Financial Summary
Table 15 Secured Signing Limited - At A Glace
Table 16 Gemalto N.V. - at a Glance
Table 17 Gemalto N.V. - Key Financial Summary
Table 18 Signix Inc. - At A Glace
Table 19 Entrust Datacard Corporation - at a Glance
Table 20 Ascertia - at a Glance
Table 21 Docusign Inc. - At A Glace
Table 22 Esignlive - At A Glace

List of Figures
Fig 1 Digital Signature Architecture
Fig 2 Research Scope
Fig 3 Research Methodology
Fig 4 Breakdown Of Primary Research By Industry Participant
Fig 5 Breakdown Of Primary Research By Company Type
Fig 6 Data Triangulation Approach
Fig 7 U.S. Digital Signature Market Summary
Fig 8 Value Chain Analysis
Fig 9 E-Commerce Market, By Major Countries, $B (2015)
Fig 10 Porter’S Five Forces Analysis
Fig 11 U.S. Digital Signature Market, By Solution, $M (2013 - 2023)
Fig 12 U.S. Digital Signature Market, By Service, $M (2013 - 2023)
Fig 13 U.S. Digital Signature Market, By Deployment Type, $M (2013 - 2023)
Fig 14 U.S. Digital Signature Market, By Application, $M (2013 - 2023)
Fig 15 Product Benchmarking Of Key Players
Fig 16 Adobe Systems, Inc. Revenue Split By Segment (2016)
Fig 17 Adobe Systems, Inc. Revenue Split By Geography (2016)
Fig 18 Gemalto N.V. Revenue Split By Business Segments (2016)
Fig 19 Gemalto N.V. Revenue Split By Geography (2016)
Note: Product cover images may vary from those shown
3 of 4

Loading
LOADING...

4 of 4
  • Adobe Systems, Inc.
  • Ascertia
  • DocuSign Inc.
  • Entrust Datacard Corporation
  • eSignLive
  • Gemalto N.V.
  • Secured Signing Limited
  • SIGNiX Inc.
Note: Product cover images may vary from those shown
5 of 4
Note: Product cover images may vary from those shown
Adroll
adroll