Digital Signature Market worth $ 2.02 Billion by 2020 Digital Signature Market | Page 2
27/10/2016
Digital Signature Market Worth 2.02 Billion USD by 2020
Finance sector faces the challenge of meeting the regulations imposed by the industry and government.
Digital signature helps finance departments manage and streamline critical processes with simplicity and
security and speed up invoicing and cash flow processes, improve compliance, achieve real-time
visibility into critical document processes, and integrate with existing systems. Similarly, digital signature
allows legal organizations to adopt automation technologies to shorten process time, increase efficiency,
and improve client satisfaction. Digital signature helps professionals from finance and legal sector to
simplify their work processes, improve their internal and external collaborations, and reduce document
turnaround time.
The North America region is expected to lead the digital signature market
North America is expected to have the largest market size in the digital signature market mainly due to
the supporting e-signature regulations and increasing financial and legal services firms in the U.S. and
Canada. This growth is further fostered by growing application of digital business process across
verticals in the region. North America is expected to have the largest market share; however, Europe is
likely to grow with the highest CAGR from 2015 to 2020.
The major vendors in the digital signature market include Adobe Systems, Inc., DocuSign, Inc., Gemalto,
Inc., Secured Signing Limited, SIGNiX, and others. A detailed analysis of the key industry players has
been done to provide insights into their business overview, products and services, key strategies, and
recent developments associated with the digital signature market.
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The report defines and segments the global Digital Signature Market on the basis of solutions, services,
deployment models, applications, and regions along with providing an in-depth analysis and market size
estimations. The software solution is expected to contribute the largest market share whereas cloudbased deployment solution will play a key role in changing the digital signature landscape during the
forecast period. Furthermore, the finance sector is expected to contribute the largest market share in the
digital signature market. Sectors such as legal, government, healthcare, Human Resource (HR) will be
the key growing sectors during the forecast period.
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