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Global Digital Signature Market, By Component, By Deployment Mode, By Organization Size, By Vertical, By Region, Trend Analysis, Competitive Market Share & Forecast, 2018-2028

  • ID: 5585143
  • Report
  • April 2022
  • Region: Global
  • 196 Pages
  • Blueweave Consulting & Research Pvt Ltd

Digital Signature Market to Witness 27.80% CAGR until 2028


The global digital signature market is growing at a high CAGR because of its higher reliability and security compared to other types of electronic signatures along with the rising adoption of digital signatures in a wide range of applications including financial transactions, contract management software, etc.

This recent study revealed that the global digital signature market was worth USD 4.6 billion in the year 2021. The market is forecast to grow at a CAGR of 27.80%, earning revenue of around USD 25.3 billion by 2028. Global digital signature market is flourishing at a high rate owing due to its higher reliability and security compared to other types of electronic signatures. A digital signature confirms the identity of the signer along with ensuring that it has not been tampered with. The rising adoption of digital signatures in a wide range of applications including financial transactions, contract management software, software distribution, etc., is also propelling the growth of the overall market. However, the lack of stringent government regulations and data protection laws, especially in developing and underdeveloped countries, may act as a huge restraint for market growth.

Rising Cloud Deployment is Driving the Digital Signature Market


Based on the deployment model, the global digital signature market is segmented into cloud and on-premises. The on-premise segment accounts for the largest market share as this type of deployment model is most prominently opted by large enterprises due to its high security. However, cloud deployment is projected to register the highest CAGR during the forecast period. It witnessed the biggest surge in its market post the COVID-19 pandemic. The rapid technological advancement and higher data security offered by cloud deployment are boosting its adoption.

Digital Signature Market - By Vertical


Based on verticals, the digital signature market is segmented into banking, financial services, insurance, government and defense, healthcare and life sciences, legal, real estate, education, and others. The BFSI segment accounts for the largest market share owing to the rising adoption of digital platforms along with the increasing need for data security. Furthermore, increasing focus towards better services and convenience for the customers is also propelling the growth of the digital signature in the BFSI segment.

Digital Signature Market - Regional Insights


Geographically, the digital signature market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East & Africa. North America dominates the digital signature market. However, the Asia-Pacific region is projected to witness the highest CAGR during the forecast period because of the expanding digitization and flourishing BFSI sector in the countries including Singapore, India, China, Taiwan, Japan, etc. Furthermore, the increasing focus of the government and proposals of data protection regulations and laws is also playing a crucial factor in driving the growth of the digital signature market.

Impact of COVID-19 on Digital Signature Market


The COVID-19 pandemic outbreak negatively impacted the growth of various industries by halting their business operations. The restrictions on mobility and imposition of social distancing norms amid the COVID-19 pandemic significantly boosted the adoption of digital signatures as it ensured contactless transactions and ensured authenticity. As a result, the digital signature gained significant traction during the pandemic, especially among small and medium-sized businesses. Furthermore, growing cloud deployment also supported the growth of the digital signature market.

Competitive Landscape


The leading market players of the digital signature market are DocuSign, Inc., JN Projects, Inc., OneSpan, PandaDoc, RightSignature, SunGard Signix Inc., SignEasy, Silanis-eSignLive, airSlate Inc., SafeNet Inc., Adobe Sign, ePadLink, Wacom, Topaz Systems, HelloSign, Ascertia, DigiStamp Inc., GMO GlobalSign Inc., Lexmark International, Inc., and other prominent players. The companies constantly launch new and innovative solutions to boost their market presence. They also adopt market strategies such as partnerships, mergers, acquisitions, collaborations, etc., to gain a competitive edge.

Don’t miss the business opportunity of the digital signature market. Consult the report to gain crucial insights and facilitate your business growth.

The in-depth analysis of the report provides information about growth potential, upcoming trends, and statistics of the digital signature market. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends of the digital signature market and industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.


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1. Research Framework
1.1. Research Objective
1.2. Product Overview
1.3. Market Segmentation
2. Research Methodology
2.1. Qualitative Research
2.1.1. Primary & Secondary Research
2.2. Quantitative Research
2.3. Market Breakdown & Data Triangulation
2.3.1. Secondary Research
2.3.2. Primary Research
2.4. Breakdown of Primary Research Respondents, By Region
2.5. Assumption & Limitation
3. Executive Summary
4. Global Digital Signature Market Insights
4.1. Industry Value Chain Analysis
4.2. DROC Analysis
4.2.1. Growth Drivers
4.2.2. Restraints
4.2.3. Opportunities
4.2.4. Challenges
4.3. Technological Landscape/Recent Development
4.4. Regulatory Framework
4.5. Porter’s Five Forces Analysis
4.5.1. Bargaining Power of Suppliers
4.5.2. Bargaining Power of Buyers
4.5.3. Threat of New Entrants
4.5.4. Threat of Substitutes
4.5.5. Intensity of Rivalry
5. Global Digital Signature Market Overview
5.1. Market Size & Forecast by Value, 2018-2028
5.1.1. By Value (USD Million)
5.2. Market Share & Forecast
5.2.1. By Component
5.2.1.1. Solutions
5.2.1.1.1. Software
5.2.1.1.2. Hardware
5.2.1.2. Services
5.2.1.2.1. Professional services
5.2.1.2.2. Managed services
5.2.2. By Deployment Mode
5.2.2.1. Cloud
5.2.2.2. On-premises
5.2.3. By Organization Size
5.2.3.1. Large Enterprises
5.2.3.2. Small and Medium Enterprises
5.2.4. By Vertical
5.2.4.1. BFSI
5.2.4.2. IT and Telecom
5.2.4.3. Government and Public Administration
5.2.4.4. Healthcare
5.2.4.5. Education
5.2.4.6. Others
5.2.5. By Region
5.2.5.1. North America
5.2.5.2. Europe
5.2.5.3. Asia-Pacific
5.2.5.4. Latin America
5.2.5.5. Middle-East and Africa
6. North America Digital Signature Market
6.1. Market Size & Forecast by Value, 2018-2028
6.1.1. By Value (USD Million)
6.2. Market Share & Forecast
6.2.1. By Component
6.2.2. By Deployment Mode
6.2.3. By Organization Size
6.2.4. By Vertical
6.2.5. By Country
6.2.5.1. United States
6.2.5.2. Canada
7. Europe Digital Signature Market
7.1. Market Size & Forecast by Value, 2018-2028
7.1.1. By Value (USD Million)
7.2. Market Share & Forecast
7.2.1. By Component
7.2.2. By Deployment Mode
7.2.3. By Organization Size
7.2.4. By Vertical
7.2.5. By Country
7.2.5.1. Germany
7.2.5.2. United Kingdom
7.2.5.3. Italy
7.2.5.4. France
7.2.5.5. Spain
7.2.5.6. Rest of Europe
8. Asia Pacific Digital Signature Market
8.1. Market Size & Forecast by Value, 2018-2028
8.1.1. By Value (USD Million)
8.2. Market Share & Forecast
8.2.1. By Component
8.2.2. By Deployment Mode
8.2.3. By Organization Size
8.2.4. By Vertical
8.2.5. By Country
8.2.5.1. China
8.2.5.2. India
8.2.5.3. Japan
8.2.5.4. South Korea
8.2.5.5. Rest of Asia Pacific
9. Latin America Digital Signature Market
9.1. Market Size & Forecast by Value, 2018-2028
9.1.1. By Value (USD Million)
9.2. Market Share & Forecast
9.2.1. By Component
9.2.2. By Deployment Mode
9.2.3. By Organization Size
9.2.4. By Vertical
9.2.5. By Country
9.2.5.1. Brazil
9.2.5.2. Mexico
9.2.5.3. Rest of Latin America
10. Middle East & Africa Digital Signature Market
10.1. Market Size & Forecast by Value, 2018-2028
10.1.1. By Value (USD Million)
10.2. Market Share & Forecast
10.2.1. By Component
10.2.2. By Deployment Mode
10.2.3. By Organization Size
10.2.4. By Vertical
10.2.5. By Country
10.2.5.1. Saudi Arabia
10.2.5.2. UAE
10.2.5.3. South Africa
10.2.5.4. Rest of Middle East & Africa
11. Competitive Landscape
11.1. List of Key Players and Their Offerings
11.2. Market Share Analysis, 2021
11.3. Competitive Benchmarking, By Operating Parameters
11.4. Key Strategic Development (Merger, Acquisition, Partnership.)
12. Impact of COVID-19 on Digital Signature Industry
13. Company Profile (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, and Strategic Outlook) **
13.1. Adobe Inc.
13.2. OneSpan
13.3. Thales
13.4. DocuSign, Inc.
13.5. Ascertia
13.6. Zoho
13.7. Secured Signing
13.8. Entrust Datacard
13.9. DigiCert, Inc.
13.10. IdenTrust
13.11. GlobalSign
13.12. Symtrax
13.13. ComSignTrust
13.14. Multicert
13.15. AlphaTrust Corporation
13.16. SunGard SIGNiX Inc.
13.17. Notarius
13.18. RNTrust
13.19. Bit4id Ltd
13.20. LAWtrust
13.21. Other Prominent Players
14. Key Strategic Recommendations
List of Figures
Figure 1 Global Digital Signature Market Segmentation
Figure 2 Global Digital Signature Market Value Chain Analysis
Figure 3 Company Market Share Analysis, 2021
Figure 4 Global Digital Signature Market Size, By Value (USD Million), 2018-2028
Figure 5 Global Digital Signature Market Share, By Component, By Value, 2018-2028
Figure 6 Global Digital Signature Market Share, By Deployment Mode, By Value, 2018-2028
Figure 7 Global Digital Signature Market Share, By Organization Size, By Value, 2018-2028
Figure 8 Global Digital Signature Market Share, By Vertical, By Value, 2018-2028
Figure 9 Global Digital Signature Market Share, By Region, By Value, 2018-2028
Figure 10 North America Digital Signature Market Size, By Value (USD Million), 2018-2028
Figure 11 North America Digital Signature Market Share, By Component, By Value, 2018-2028
Figure 12 North America Digital Signature Market Share, By Deployment Mode, By Value, 2018-2028
Figure 13 North America Digital Signature Market Share, By Organization Size, By Value, 2018-2028
Figure 14 North America Digital Signature Market Share, By Vertical, By Value, 2018-2028
Figure 15 North America Digital Signature Market Share, By Country, By Value, 2018-2028
Figure 16 Europe Digital Signature Market Size, By Value (USD Million), 2018-2028
Figure 17 Europe Digital Signature Market Share, By Component, By Value, 2018-2028
Figure 18 Europe Digital Signature Market Share, By Deployment Mode, By Value, 2018-2028
Figure 19 Europe Digital Signature Market Share, By Organization Size, By Value, 2018-2028
Figure 20 Europe Digital Signature Market Share, By Vertical, By Value, 2018-2028
Figure 21 Europe Digital Signature Market Share, By Country, By Value, 2018-2028
Figure 22 The Asia-Pacific Digital Signature Market Size, By Value (USD Million), 2018-2028
Figure 23 The Asia-Pacific Digital Signature Market Share, By Component, By Value, 2018-2028
Figure 24 The Asia-Pacific Digital Signature Market Share, By Deployment Mode, By Value, 2018-2028
Figure 25 The Asia-Pacific Digital Signature Market Share, By Organization Size, By Value, 2018-2028
Figure 26 The Asia-Pacific Digital Signature Market Share, By Vertical, By Value, 2018-2028
Figure 27 The Asia-Pacific Digital Signature Market Share, By Country, By Value, 2018-2028
Figure 28 Latin America Digital Signature Market Size, By Value (USD Million), 2018-2028
Figure 29 Latin America Digital Signature Market Share, By Component, By Value, 2018-2028
Figure 30 Latin America Digital Signature Market Share, By Deployment Mode, By Value, 2018-2028
Figure 31 Latin America Digital Signature Market Share, By Organization Size, By Value, 2018-2028
Figure 32 Latin America Digital Signature Market Share, By Vertical, By Value, 2018-2028
Figure 33 Latin America Digital Signature Market Share, By Country, By Value, 2018-2028
Figure 34 The Middle East & Africa Digital Signature Market Size, By Value (USD Million), 2018-2028
Figure 35 The Middle East & Africa Digital Signature Market Share, By Component, By Value, 2018-2028
Figure 36 The Middle East & Africa Digital Signature Market Share, By Deployment Mode, By Value, 2018-2028
Figure 37 The Middle East & Africa Digital Signature Market Share, By Organization Size, By Value, 2018-2028
Figure 38 The Middle East & Africa Digital Signature Market Share, By Vertical, By Value, 2018-2028
Figure 39 The Middle East & Africa Digital Signature Market Share, By Country, By Value, 2018-2028
List of Tables
Table 1 Global Digital Signature Market Size, By Component, By Value, 2018-2028
Table 2 Global Digital Signature Market Size, By Deployment Mode, By Value, 2018-2028
Table 3 Global Digital Signature Market Size, By Organization Size, By Value, 2018-2028
Table 4 Global Digital Signature Market Size, By Vertical, By Value, 2018-2028
Table 5 Global Digital Signature Market Size, By Region, By Value, 2018-2028
Table 6 North America Digital Signature Market Size, By Component, By Value, 2018-2028
Table 7 North America Digital Signature Market Size, By Deployment Mode, By Value, 2018-2028
Table 8 North America Digital Signature Market Size, By Organization Size, By Value, 2018-2028
Table 9 North America Digital Signature Market Size, By Vertical, By Value, 2018-2028
Table 10 North America Digital Signature Market Size, By Country, By Value, 2018-2028
Table 11 Europe Digital Signature Market Size, By Component, By Value, 2018-2028
Table 12 Europe Digital Signature Market Size, By Deployment Mode, By Value, 2018-2028
Table 13 Europe Digital Signature Market Size, By Organization Size, By Value, 2018-2028
Table 14 Europe Digital Signature Market Size, By Vertical, By Value, 2018-2028
Table 15 Europe Digital Signature Market Size, By Country, By Value, 2018-2028
Table 16 The Asia-Pacific Digital Signature Market Size, By Component, By Value, 2018-2028
Table 17 The Asia-Pacific Digital Signature Market Size, By Deployment Mode, By Value, 2018-2028
Table 18 The Asia-Pacific Digital Signature Market Size, By Organization Size, By Value, 2018-2028
Table 19 The Asia-Pacific Digital Signature Market Size, By Vertical, By Value, 2018-2028
Table 20 The Asia-Pacific Digital Signature Market Size, By Country, By Value, 2018-2028
Table 21 Latin America Digital Signature Market Size, By Component, By Value, 2018-2028
Table 22 Latin America Digital Signature Market Size, By Deployment Mode, By Value, 2018-2028
Table 23 Latin America Digital Signature Market Size, By Organization Size, By Value, 2018-2028
Table 24 Latin America Digital Signature Market Size, By Vertical, By Value, 2018-2028
Table 25 Latin America Digital Signature Market Size, By Country, By Value, 2018-2028
Table 26 The Middle East & Africa Digital Signature Market Size, By Component, By Value, 2018-2028
Table 27 The Middle East & Africa Digital Signature Market Size, By Deployment Mode, By Value, 2018-2028
Table 28 The Middle East & Africa Digital Signature Market Size, By Organization Size, By Value, 2018-2028
Table 29 The Middle East & Africa Digital Signature Market Size, By Vertical, By Value, 2018-2028
Table 30 The Middle East & Africa Digital Signature Market Size, By Country, By Value, 2018-2028
Table 31 Adobe Inc. Company Overview
Table 32 Adobe Inc. Financial Overview
Table 33 OneSpan Company Overview
Table 34 OneSpan Financial Overview
Table 35 DocuSign, Inc. Company Overview
Table 36 DocuSign, Inc. Financial Overview
Table 37 Ascertia Company Overview
Table 38 Ascertia Financial Overview
Table 39 Secured Signing Company Overview
Table 40 Secured Signing Financial Overview
Table 41 DigiCert, Inc. Company Overview
Table 42 DigiCert, Inc. Financial Overview
Table 43 IdenTrust Company Overview
Table 44 IdenTrust Financial Overview
Table 45 GlobalSign Company Overview
Table 46 GlobalSign Financial Overview
Table 47 Symtrax Company Overview
Table 48 Symtrax Financial Overview
Table 49 ComSignTrust Company Overview
Table 50 ComSignTrust Financial Overview
Table 51 Multicert Company Overview
Table 52 Multicert Financial Overview
Table 53 AlphaTrust Corporation Company Overview
Table 54 AlphaTrust Corporation Financial Overview
Table 55 SunGard SIGNiX Inc. Company Overview
Table 56 SunGard SIGNiX Inc. Financial Overview
Table 57 Notarius Company Overview
Table 58 Notarius Financial Overview
Table 59 RNTrust Company Overview
Table 60 RNTrust Financial Overview
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