Pune, Oct. 13, 2020 (GLOBE NEWSWIRE) -- The global digital signature market size is expected to reach USD 7.99 billion by 2027, exhibiting a CAGR of 28.9% during the forecast period.  The growing digitalization in retail, BFSI, healthcare, government, IT & telecom industries is expected to influence the healthy growth of the market, states Fortune Business Insights, in a report, titled “Digital Signature Market Size, Share & COVID-19 Impact Analysis, By Component (Software, Hardware, and Services), By Deployment (Cloud, and On-Premises), By Enterprise Size (Large Enterprises and Small & Medium Enterprises), By Industry (BFSI, IT and Telecommunications, Government, Healthcare & Life Science, Education, Retail, Real Estate, and Others), and Regional Forecast, 2020-2027.” The market size stood at USD 1.10 billion in 2019.

The distraught caused by coronavirus has harshly affected many industries across the globe. Moreover, many sectors are severely affected by the pandemic. The government of several countries has initiated lockdown to prevent the spread of this infectious disease. Such plans have caused disturbances in the production and supply chain. But, with time and resolution, we will be able to combat this stern time and get back to normality. Our well-revised reports will help companies to receive in-depth information about the present scenario of every market so that you can adopt the necessary strategies accordingly.

To get to know more about the short-term and long-term impacts of COVID-19 on this market,



The digital signature market Includes:

Market Driver:

Increasing Digitalization by BFSI Companies to Boost Market Growth

The increasing advancements and digitalization in BFSI companies will have a tremendous impact on the global market. Digitalization has enabled transparency and higher efficiency in payment processes, including loan sanctioning, investments, and others. Moreover, it has also offered improvements in various tasks, including account opening process, online bill payments, and more, hence resulting in a huge demand for digital signature in the BFSI industry. The fast and easy documentation process featured in digital signatures will enhance its prospects in the near future. Additionally, the increasing cybercrimes associated with conventional signatures forging, and document misplacements can be reduced through digitalization.

Reduced Paper-Based Transactions to Advance Market Amid Coronavirus

The increasing online and remote work obligations have urged various sectors to implement digital technology in their businesses. Various governments are supporting digitalization to diminish the transmission of the virus and maintain social distancing norms during the pandemic. The growing utilization of digital platforms by the governments to promote the digital signature and verification such as smart ID/card readers, electronic signature, smooth pass, biometric signature, and more will simultaneously boost market growth. Besides, the healthcare industry is taking strict precautionary measures to ensure the safety of doctors and patients, hence adopting electronic signature technology.


Get Sample PDF Brochure: https://www.fortunebusinessinsights.com/enquiry/request-sample-pdf/digital-signature-market-100356


Regional Analysis:

Rising Awareness about Paperless Systems to Propel Market in North America

The digital signature market in North America is expected to experience a stellar growth rate owing to the wide adoption of digital technologies in the region. The increasing awareness about paperless systems in the US will foster healthy growth of the market in the region. For instance, in 2018, the U.S. government introduced the Integrated Digital Experience (IDEA) Act to improve digital services. The ongoing protocols will influence healthy growth in the region. The market in Asia Pacific is expected to rise tremendously owing to the increasing government initiatives to enhance digitalization across industries. The government of India is focusing on providing e-signature facility and have passed a law under IT 2000 for legalizing the e-signature.

Key Development:

June 2020: DocuSign Inc. announced that it has signed a partnership with Appian Inks Technology to integrate its automation platform. DocuSign Inc. will offer its electronic signature capabilities for the users of Appian Ink cloud.  



The Report Lists the Main Companies in the Digital Signature Market:


Quick Buy – Digital Signature Market Research Report: https://www.fortunebusinessinsights.com/checkout-page/100356


Detailed Table of Content:


Continued….!


Get your Customized Research Report: https://www.fortunebusinessinsights.com/enquiry/customization/digital-signature-market-100356


Have a Look at Related Research Insights:


Cyber Security Market Size, Share & Industry Analysis, By Component (Solutions, Services), By Deployment (On-Premises, Cloud), By Organization Size (SMEs, Large Enterprises), By End-User (BFSI, IT and Telecommunications, Retail, Healthcare, Government, Manufacturing, Travel and Transportation, Energy and Utilities and Others) and Regional Forecast, 2020 – 2026

Video Analytics Market, Size, Share and Global Trend By Component (Solutions, Services), By Application (Crowd Management, Facial Recognition, Intrusion Detection, License Plate Recognition, Motion Detection, and Others), End-User (BFSI, City Surveillance, Critical Infrastructure, Education, Government, Retail, Transportation, and Others) and Geography Forecast Till 2026

5G Infrastructure Market size, share and global trend By Component (fibers, cables, antenna, transceiver, wireless backhaul, modem, router), By Communication Infrastructure (small cell, macro cell, radio access network (ran), Distributed Antenna System (das)), and geography forecast till 2026

Electronic Data Interchange (EDI) Software Market Size, Share & COVID-19 Impact Analysis, By Product Type (Cloud Based, and On-Premise), By Industry (Healthcare, Automotive, Financial Services, High-Tech/ Manufacturing, Retail, Logistics, and Others (Telecom, etc.), and Regional Forecast, 2020-2027

LED Video Walls Market Size, Share & Industry Analysis, By Type (Direct View LED Video Walls, Indoor LED Video Walls, and Blended Projection Video Walls System), By Location (Indoor, Outdoor), By Application (Retail, Airport/Railways, Control Rooms, Media & Advertising, Sports & Entertainment, Auditorium, Commercial Buildings, and Others), and Regional Forecast, 2026


About us:

Fortune Business Insights™ offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in.

Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights™ we aim at highlighting the most lucrative growth opportunities for our clients. We therefore offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.

Contact Us:
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
Phone:
US: +1 424 253 0390
UK: +44 2071 939123
APAC: +91 744 740 1245
Email: sales@fortunebusinessinsights.com
Fortune Business Insights™
LinkedIn | Twitter | Blogs