Digital Signature Market Trends, Business Strategies and Opportunitie Digital Signature Market Trends, Business Strategi | Page 3
Digital Signature Market to 2025
Reduced cost of business operational, enhanced security & control and superior customer experience are the major
drivers for the growth of global digital signature market. Government paperwork elimination act, improved security
& control and growing use of digital signature to eliminate fraud are some of the other factors propelling the market
growth. Increased forgery, financial transaction worldwide and easy process of software distribution has created a
need of digital signature technology. It helps the sender to prove the authenticity of the digital document.
Contracts, policies, records, patient consents, cash management, court documents and claims are some of the
document that requires an authentic verification of digital documents hence, the necessity for such verification is
boosting the global demand for digital signature. Development of ecommerce in the developing economies, digital
transformation and use of cloud-based security solutions are some of the expected opportunities prevailing in the
global market. However, complications in the validation and implementation of digital entities and lack of trust are
some of the restraints hindering the market growth for digital signature. Along with these, lack of easy
implementation of digital signature in an organization is one of the main reason for adoption of digital signature
technology.
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