Digital Signature Market by Solution (Software and Hardware), Services, Deployment, Application (BFSI, Government and Defence, Legal, Real Estate, Manufacturing and Engineering, Healthcare and Lifesciences) and Region - Global Forecast to 2021

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Date: 20-Jan-2017
No. of pages: 149
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“The growing demand for digital signature applications, strategic business processes, and the need for securing transactions are driving the digital signature market”

The digital signature market size is estimated to grow from USD 662.7million in 2016 to USD 2657.0million by 2021, at an estimated Compound Annual Growth Rate (CAGR) of 32.0% from 2016 to 2021.The digital signature market is driven by factors, such as the increasing need for securing transactions and authenticating identity. However, the digital signature market lacks awareness regarding legality of digital signatures.

“The cloud-based deployment mode is expected to have the largest market share during the forecast period”

Cloud-based deployment mode is expected to have the largest market share during the forecast period. The cloud-based deployment mode provides digital signature solutions to end-users by reducing the operational cost of implementation. The cloud-based system involves network data exchange between the signer and signing-enabled cloud environment. Furthermore, the cloud enables companies to offer multi-channel signatures. It also helps reduce the use of paper, by busing digital signature resources.

“North America is expected to have the largest share of the market; whereas, Asia-Pacific (APAC)is projected with the highest growth rate”

North America is expected to hold the largest market share in 2016, while Europe is the fastest-growing, in terms of CAGR. Factors such as the need for secure reliable transactions, authenticating the identity of users over digital network, and the new release of regulations for electronic signatures by the European Electronic Messaging Association are driving the adoption of digital signature solutions in Europe.

In the process of determining and verifying the market size for several segments and sub segments gathered through secondary research, extensive primary interviews were conducted with key people.

The break-up profiles of primary participants is given below:


  • By Company Type: Tier 1 – 12%, Tier 2 – 32%, and Tier 3 – 56%

  • By Designation: C level – 16%, Director level – 33%, and Others – 51%

  • By Region: North America – 25%, Europe – 49%, APAC – 15%, and RoW- 11%


Digital signature has enabled improved transactions, such as better security and authentication of user identity. The increasing demand for digital signature among Small and Medium Enterprises (SMEs) has further enhanced the demand for the market across many verticals.

The various key digital signature vendors and service providers profiled in the report are as follows:


  • Adobe Systems, Inc. (California, U.S.)

  • Gemalto, Inc. (Amsterdam, Netherlands)

  • Secured Signing Limited (New Zealand)

  • Signix (Chattanooga, U.S.)

  • Ascertia (Park Guildford, U.K.)

  • Entrust Datacard Corp. (Minneapolis, Minnesota, U.S.)

  • eSignLive (Montreal, Canada)

  • RPost Technologies (LosAngeles, U.S.)

  • Kofax Limited (Irvine, California, U.S.)

  • DocuSign (San Francisco, California, U.S.)

  • IdenTrust, Inc. (California, U.S.)


Research Coverage:


  • The report aims to analyze the digital signature market segmented on the basis of components, deployment types, technology services, verticals, and regions.

  • It analyses the opportunities for stakeholders through the study of the competitive landscape in the digital signature market

  • It provides insights on core competencies and key growth strategies of companies in the digital signature market

  • The report provides forecast of the market size of the digital signature market and its various submarkets with respect to five regions, namely, North America, APAC, Europe, Middle East & Africa (MEA), and Latin America.


Reasons to Buy this Report:

From an insight perspective, this research report has focused on various levels of analysis—industry analysis (industry trends), market share analysis of top players, supply chain analysis, and company profiles, which together comprises and discusses the basic views on the competitive landscape, the emerging & high-growth segments of the digital signature market, high-growth regions, and market drivers, restraints, & opportunities.

The report provides insights on the following pointers:


  • Market Penetration: Comprehensive information on digital signature offered by top players in the global digital signature market

  • Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product launches in the digital signature market

  • Market Development: Comprehensive information about lucrative emerging markets –the report analyzes the markets for digital signature across regions

  • Market Diversification: Exhaustive information about new products, untapped geographies, recent developments, and investments in the global digital signature market

  • Competitive Assessment: In-depth assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global digital signature market

Digital Signature Market by Solution (Software and Hardware), Services, Deployment, Application (BFSI, Government and Defence, Legal, Real Estate, Manufacturing and Engineering, Healthcare and Lifesciences) and Region - Global Forecast to 2021

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Markets Covered
1.3.2 Years Considered for the Study
1.4 Currency
1.5 Limitations
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.1.1 Key Data From Secondary Sources
2.1.2 Primary Data
2.1.2.1 Key Data From Primary Sources
2.1.2.2 Key Industry Insights
2.1.2.3 Breakdown of Primaries
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Market Breakdown and Data Triangulation
2.4 Vendor Dive Matrix Methodology
2.5 Research Assumptions

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Digital Signature Market
4.2 Market By Region, 2016 vs 2021
4.3 Market Top Three Verticals and Regions, 2016
4.4 Market By Service, 2016–2021
4.5 Life Cycle Analysis, By Region

5 Market Overview
5.1 Introduction
5.2 Evolution
5.3 Market Segmentation
5.3.1 By Component
5.3.2 By Service
5.3.3 By Solution
5.3.4 By Application
5.3.5 By Deployment Model
5.3.6 By Region
5.4 Market Dynamics
5.4.1 Drivers
5.4.1.1 Improved Operational Efficiency and Lower Opex
5.4.1.2 Enhanced End-To-End Customer Experience
5.4.1.3 Improved Security and Controlled Workflow
5.4.2 Restraints
5.4.2.1 Scattered Regulations and Insufficient Cross-Country Recognition
5.4.2.2 Lack of Awareness Regarding Legality of Digital Signature
5.4.3 Opportunities
5.4.3.1 Technological Evolution
5.4.3.2 Increased Acceptance of Cloud-Based Security Solutions
5.4.4 Challenges
5.4.4.1 Deeply-Entrenched Traditional Business Practices
5.4.4.2 Digital Signature Implementation

6 Industry Trends
6.1 Introduction
6.2 Value Chain Analysis
6.3 System Architechture
6.4 Strategic Benchmarking

7 Digital Signature Market Analysis, By Component
7.1 Introduction
7.2 Solutions
7.2.1 Hardware
7.2.2 Software
7.3 Services
7.3.1 Managed Services
7.3.2 Professional Services

8 Digital Signature Market Analysis, By Deployment Model
8.1 Introduction
8.2 On-Premises
8.3 Cloud-Based

9 Digital Signature Market Analysis, By Application
9.1 Introduction
9.2 Human Resources
9.3 Education and Research
9.4 Banking, Financial Services, and Insurance
9.5 Government and Defense
9.6 Healthcare and Life Sciences
9.7 Legal
9.8 Real Estate
9.9 Manufacturing and Engineering
9.10 Others

10 Geographic Analysis
10.1 Introduction
10.2 North America
10.2.1 United States
10.2.2 Canada
10.3 Europe
10.3.1 United Kingdom
10.3.2 Germany
10.3.3 France
10.3.4 Rest of Europe
10.4 Asia-Pacific
10.4.1 China
10.4.2 Japan
10.4.3 South Korea
10.4.4 Rest of Asia-Pacific
10.5 Latin America
10.5.1 Brazil
10.5.2 Mexico
10.5.3 Rest of Latin America
10.6 Middle East and Africa
10.6.1 Middle East
10.6.2 Africa

11 Competitive Landscape
11.1 Overview
11.2 Vendor Dive Overview
11.3 Digital Signature Market: MnM Dive – Vendor Comparison
11.4 Competitive Situations and Trends
11.4.1 New Product Launches and Product Enhancements
11.4.2 Partnerships, Agreements, Collaborations, and Contracts
11.4.3 Acquisitions

12 Company Profiles
(Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View)*
12.1 Introduction
12.2 Adobe Systems, Inc
12.3 Gemalto N.V.
12.4 Ascertia
12.5 Esignlive By Vasco
12.6 Secured Signing Limited
12.7 Signix, Inc.
12.8 Entrust Datacard Corporation
12.9 Rpost Technologies
12.10 Kofax Limited (A Lexmark Company)
12.11 Docusign
12.12 Identrust, Inc.

*Details on Business Overview, Products & Services, Key Insights, Recent Developments, SWOT Analysis, MnM View Might Not Be Captured in Case of Unlisted Companies.

13 Appendix
13.1 Recent Developments
13.1.1 New Product Launches
13.2 Industry Excerpts
13.3 Discussion Guide
13.4 Knowledge Store: Marketsandmarkets’ Subscription Portal
13.5 Available Customizations
13.6 Related Reports
13.7 Author Details

List of Tables

Table 1 Digital Signature Market Size, By Component 2014-2021(USD Million)
Table 2 Market Size, By Component, 2014-2021(USD Million)
Table 3 Market Size, By Solution, 2014–2021 (USD Million)
Table 4 Solutions: Market Size, By Region, 2014–2021 (USD Million)
Table 5 Hardware: Market Size, By Region, 2014–2021 (USD Million)
Table 6 Software: Market Size, By Region, 2014–2021 (USD Million)
Table 7 Digital Signature Market Size, By Service Type, 2014–2021 (USD Million)
Table 8 Services: Market Size, By Region, 2014–2021 (USD Million)
Table 9 Managed Services: Market Size, By Region, 2014–2021 (USD Million)
Table 10 Professional Services: Market Size, By Region, 2014–2021 (USD Million)
Table 11 Digital Signature Market Size, By Deployment Model, 2014–2021 (USD Million)
Table 12 Deployment Model: Market Size, By Region, 2014–2021 (USD Million)
Table 13 On-Premises: Market Size, By Region, 2014–2021 (USD Million)
Table 14 Cloud-Based: Market Size, By Region, 2014–2021 (USD Million)
Table 15 Digital Signature Market Size, By Application, 2014–2021 (USD Million)
Table 16 Human Resources: Market Size, By Region, 2014–2021 (USD Million)
Table 17 Education and Research: Market Size, By Region, 2014–2021 (USD Million)
Table 18 Banking, Financial Services, and Insurance: Market Size, By Region, 2014–2021 (USD Million)
Table 19 Government and Defense: Market Size, By Region, 2014–2021 (USD Million)
Table 20 Healthcare and Life Sciences: Market Size, By Region, 2014–2021 (USD Million)
Table 21 Legal: Digital Signature Market Size, By Region, 2014–2021 (USD Million)
Table 22 Real Estate: Market Size, By Region, 2014–2021 (USD Million)
Table 23 Manufacturing and Engineering: Market Size, By Region, 2014–2021 (USD Million)
Table 24 Others: Market Size, By Region, 2014–2021 (USD Million)
Table 25 Digital Signature Market Size, By Region, 2014-2021(USD Million)
Table 26 North America: Market Size, By Component, 2014-2021(USD Million)
Table 27 North America: Market Size, By Solution, 2014-2021(USD Million)
Table 28 North America: Market Size, By Deployment Model, 2014-2021(USD Million)
Table 29 North America: Market Size, By Service, 2014-2021(USD Million)
Table 30 North America: Market Size, By Application, 2014-2021(USD Million)
Table 31 North America: Market Size, By Country, 2014-2021(USD Million)
Table 32 United States: Digital Signature Market Size, By Component, 2014-2021(USD Million)
Table 33 Canada: Market Size, By Component, 2014-2021(USD Million)
Table 34 Europe: Market Size, By Component, 2014-2021(USD Million)
Table 35 Europe: Market Size, By Solution, 2014-2021(USD Million)
Table 36 Europe: Market Size, By Service, 2014-2021(USD Million)
Table 37 Europe: Market Size, By Deployment Model, 2014-2021(USD Million)
Table 38 Europe: Market Size, By Application, 2014-2021(USD Million)
Table 39 Europe: Market Size, By Country, 2014-2021(USD Million)
Table 40 United Kingdom: Digital Signature Market Size, By Component, 2014-2021(USD Million)
Table 41 Germany: Market Size, By Component, 2014-2021(USD Million)
Table 42 France: Market Size, By Component, 2014-2021(USD Million)
Table 43 Rest of Europe: Market Size, By Component, 2014-2021(USD Million)
Table 44 Asia-Pacific: Market Size, By Component, 2014-2021(USD Million)
Table 45 Asia-Pacific: Market Size, By Solution, 2014-2021(USD Million)
Table 46 Asia-Pacific: Market Size, By Service, 2014-2021(USD Million)
Table 47 Asia-Pacific: Market Size, By Deployment Model, 2014-2021(USD Million)
Table 48 Asia-Pacific: Market Size, By Application, 2014-2021(USD Million)
Table 49 Asia-Pacific: Market Size, By Country, 2014-2021(USD Million)
Table 50 China: Digital Signature Market Size, By Component, 2014-2021(USD Million)
Table 51 Japan: Market Size, By Component, 2014-2021(USD Million)
Table 52 South Korea: Market Size, By Component, 2014-2021(USD Million)
Table 53 Rest of Asia-Pacific: Market Size, By Component, 2014-2021(USD Million)
Table 54 Latin America: Market Size, By Component, 2014–2021 (USD Million)
Table 55 Latin America: Market Size, By Solution, 2014-2021(USD Million)
Table 56 Latin America: Market Size, By Service, 2014-2021(USD Million)
Table 57 Latin America: Market Size, By Deployment Model, 2014-2021(USD Million)
Table 58 Latin America: Market Size, By Application, 2014-2021(USD Million)
Table 59 Latin America: Market Size, By Country, 2014-2021(USD Million)
Table 60 Brazil: Digital Signature Market Size, By Component, 2014-2021(USD Million)
Table 61 Mexico: Market Size, By Component, 2014-2021(USD Million)
Table 62 Rest of Latin America: Market Size, By Component, 2014-2021(USD Million)
Table 63 Middle East and Africa: Market Size, By Component, 2014-2021(USD Million)
Table 64 Middle East and Africa: Market Size, By Solution, 2014-2021(USD Million)
Table 65 Middle East and Africa: Market Size, By Service, 2014-2021(USD Million)
Table 66 Middle East and Africa: Market Size, By Deployment Model, 2014-2021(USD Million)
Table 67 Middle East and Africa: Market Size, By Application, 2014-2021(USD Million)
Table 68 Middle East and Africa: Market Size, By Country, 2014-2021(USD Million)
Table 69 Middle East: Digital Signature Market Size, By Component, 2014-2021(USD Million)
Table 70 Africa: Market Size, By Component, 2014-2021(USD Million)
Table 71 New Product Launches and Product Enhancements, 2014–2016
Table 72 Partnerships, Agreements, Collaborations, and Contracts, 2014–2016
Table 73 Acquisitions, 2014–2015
Table 74 New Product Launches, 2014-2015

List of Figures

Figure 1 Digital Signature Market: Research Design
Figure 2 Market Size Estimation Methodology: Bottom-Up Approach
Figure 3 Market Size Estimation Methodology: Bottom-Up Approach
Figure 4 Market Size Estimation Methodology: Top-Down Approach
Figure 5 Data Triangulation
Figure 6 Digital Signature Snapshot: By Component, 2016 vs 2021
Figure 7 North America is Expected to Hold the Largest Market Share in the Global Digital Signature Market in 2016
Figure 8 Digital Signature Market Will Witness Remarkable Growth Opportunities Backed By Enhanced Operational Efficiency
Figure 9 Europe is Expected to Be Grow at the Highest CAGR During the Forecast Period
Figure 10 Banking, Financial Services, and Insurance is Expected to Be the Fastest Growing Market in the Vertical Segment of the Digital Signature Market in 2016
Figure 11 Professional Services Segment is Expected to Hold the Major Market Share in the Digital Signature Market
Figure 12 Europe is Expected to Be in the High Growth Phase in the Digital Signature Market
Figure 13 Evolution of the Digital Signature Market
Figure 14 Market Segmentation: By Component
Figure 15 Market Component: By Service
Figure 16 Market Segmentation: By Solution
Figure 17 Market Segmentation: By Application
Figure 18 Market Segmentation: By Deployment Model
Figure 19 Market Segmentation: By Region
Figure 20 Market Drivers, Restraint, Opportunities, and Challenges
Figure 21 Market Value Chain Analysis
Figure 22 Market System Architecture
Figure 23 Market Strategic Benchmarking
Figure 24 Services Segment is Expected to Grow at A Highest CAGR During the Forecast Period
Figure 25 Software Solutions Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 26 Professional Services Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 27 Cloud-Based Deployment Model is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 28 Banking, Financial Services, and Insurance is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 29 Europe is Expected to Exhibit the Highest CAGR in the Digital Signature Market
Figure 30 North America is Expected to Hold the Largest Market Share During the Forecast Period
Figure 31 North America Market Snapshot
Figure 32 North America: Digital Signature Market Size, By Component, 2014-2021(USD Million)
Figure 33 Europe Market Snapshot
Figure 34 Europe: Digital Signature Market Size, By Component, 2016-2021 (USD Million)
Figure 35 Asia-Pacific: Digital Signature Market Size, By Component, 2014-2021(USD Million)
Figure 36 Latin America: Digital Signature Market Size, By Component, 2014-2021(USD Million)
Figure 37 Middle East and Africa: Digital Signature Market Size, By Component, 2014-2021(USD Million)
Figure 38 Companies Adopted the Strategy of Partnerships, Agreements, Collaborations, and Contracts as the Key Growth Strategy From 2014 to 2016
Figure 39 Vendor Comparison: Business Strategy Analysis
Figure 40 Vendor Comparison: Product Offering Analysis
Figure 41 Market Evaluation Framework
Figure 42 Battle for Market Share: the Strategy of Partnerships, Agreements, Collaborations, and Contracts Was the Key Strategy Adopted By the Key Players in the Digital Signature Market During 2014–2016
Figure 43 Adobe Systems, Inc.: Company Snapshot
Figure 44 Adobe Systems, Inc.: SWOT Analysis
Figure 45 Gemalto N.V.: Company Snapshot
Figure 46 Gemalto N.V.: SWOT Analysis
Figure 47 Ascertia: SWOT Analysis
Figure 48 Esignlive By Vasco: SWOT Analysis
Figure 49 Secured Signing Limited: SWOT Analysis

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