ICT and Media Business News North America Has Been the Largest Market | Page 3

Digital Signature Market
Digital signature market was led by North America, where it accounted for more than 40% of the global market
size in 2017, majorly due to the technological advancement in digital technology and implementation of various
legislations.
In the U.S., some of the major legislations implemented for the digital signature technologies include Uniform
Electronic Transactions Act (UETA), and Electronic Signatures in Global and National Commerce Act (E-SIGN).
These laws permit the use of these signatures in each state of the country. Similarly, in Canada, laws for
electronic signature have been implemented through the Personal Information Protection and Electronic
Documents Act (PIPEDA).
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