Digital Signature Market Share, Size, Trends, Industry Analysis Report, By Segment Forecast, 2019-2026


Posted September 23, 2021 by waghketan246

Digital Signature Market Size Worth $22.1 Billion By 2026 | CAGR: 41.5%

 
The Digital Signature market size is expected to reach USD 22.1 Billion by 2026 according to a new study by Polaris Market Research. The report “Digital Signature Market Share, Size, Trends, Industry Analysis Report By Component (Solutions (Hardware, Software), Services(Managed Services, Professional Services)); By Deployment (Cloud, On-Premise); By Application (Human Resources, Education and Research, BFSI, Government and Defense, Legal, Healthcare and Life Sciences, Real Estate, Manufacturing and Engineering) By Regions, Segments & Forecast, 2020 – 2026” gives a detailed insight into current market dynamics and provides analysis on future market growth.

The market is projected to witness a significant growth over the forecast period. Strong demand from government as well as defense sector among other applications is contributing to a rising demand for digital signatures across the globe. Governments and defense applications use digital signatures for various purposes such as forms & licenses issuing, tax and returns filing, treasury orders, online government directives and orders, file movements, filing of public information, online money orders, among others.

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The rising number of mobile users is proving beneficial for the overall market. Rising disposable income, cheap availability of mobile phones, are some of the major factors benefitting the rising number of mobile phone users. In comparison to situation five years ago, the download speed of internet has increased by more than six times. In addition, the prices and fees for mobile internet connection has reduced by more than 90%. This has also benefitted the overall demand for increased mobile devices sales. This trend is benefitting the overall benefitting the market from applications that involve mobile usage.

E-commerce activities especially in countries such as India and in China have witnessed tremendous rise in these countries in the recent past and the momentum is expected to continue over the next few years. High penetration of mobile phone users, declining internet prices, broad product portfolio are some of the reasons for e-commerce growth. All these activities have thus resulted in a rise in online payments which is proving to be extremely beneficial for the overall market growth.

Improving economic conditions, proactive approach taken by governments in Asia Pacific region to boost industrial sector has resulted in a rapid urbanization in the region. The region has witnessed a rapid rise in urban population in the past years. This urban population has access to smartphones, and internet and are major drivers for applications growth of the market

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Polaris Market research has segmented the Digital Signature market report on the basis of solution, deployment, type and region

Digital Signature Component Outlook (Revenue, USD Billion, 2015 – 2026)

Software
Hardware
Managed Services
Professional Services
Digital Signature Deployment Outlook (Revenue, USD Billion, 2015 – 2026)

Cloud
On-Premise
Digital Signature Application Outlook (Revenue, USD Billion, 2015 – 2026)

E-Commerce
Education and Research
Banking, Financial Services, and Insurance
Government and Defense
Legal
Healthcare and Life Sciences
Real Estate
Manufacturing and Engineering
Others
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About Polaris Market Research

Polaris Market Research is a global market research and consulting company. The company specializes in providing exceptional market intelligence and in-depth business research services for our clientele spread across different enterprises.

Contact Us:

Polaris Market Research

Phone: 1–646–568–9980

Email: [email protected]

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Issued By polarismarketresearch
Country India
Categories Software , Technology , Telecom
Tags digital signature market
Last Updated September 23, 2021