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(Hosting-NewsWire.com, November 10, 2016 ) Digital Signature is a technique used for validation and authentication of a software, digital document and electronic message. Also, digital signatures are used to approve and certify the content mentioned in digital documents like as e-mails, word documents and PDF’s. Digital signature relies on decryption and encryption technologies. Encryption is the method of encoding the information or messages that can only be read by authorized parties and Decryption is the method of converting the encrypted data back to its unencrypted form. Digital signature comprises of digital ID that consist a public key and a private key. In the digital document, the public key is issued along the file and private key works as digital signature. The public key has the encrypted code that validates the uniqueness and tracks alterations relating to the document.
Browse market data tables and in-depth TOC of the Digital Signature Market to 2025 @ http://www.theinsightpartners.com/reports/digital-signature-market
Reduced cost of business operational, enhanced security & control and superior customer experience are the major drivers for the growth of global digital signature market. Government paperwork elimination act, improved security & control and growing use of digital signature to eliminate fraud are some of the other factors propelling the market growth. Increased forgery, financial transaction worldwide and easy process of software distribution has created a need of digital signature technology. It helps the sender to prove the authenticity of the digital document. Contracts, policies, records, patient consents, cash management, court documents and claims are some of the document that requires an authentic verification of digital documents hence, the necessity for such verification is boosting the global demand for digital signature. Development of ecommerce in the developing economies, digital transformation and use of cloud-based security solutions are some of the expected opportunities prevailing in the global market. However, complications in the validation and implementation of digital entities and lack of trust are some of the restraints hindering the market growth for digital signature. Along with these, lack of easy implementation of digital signature in an organization is one of the main reason for adoption of digital signature technology.
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The global digital signature market is segmented by solution into hardware market and software market. The market is also segmented on the basis of service i.e. professional services and managed services. Further, the global market for digital signature is bifurcated by deployment model into on-premises and cloud. On the basis of application the digital signature market can be segmented including finance, legal, healthcare, human resource, government, education & research and others. Also, the market is bisected by regions into North America, Asia Pacfic, Europe, Middle East & Africa and South America.
North America dominates the global digital signature market, holding the largest share owing to high focus on research and development and technology leading to innovations, cybercrime laws and growth of financial sector. The high adoption of digital signature in various verticals, such as legal, HR and finance, is driving the market in the region. Europe is anticipated to be the second largest and fastest growing market for global digital signature driven by increasing awareness among businesses.
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Some of the key industry players includes Adobe Systems Inc., Entrust Datacard Corporation, Kofax Limited, Gemalto, Inc., Topaz Systems Inc, Microsoft Corporation, Right Signature LLC, Esignlive, Docusign, Inc., Oracle Corporation, Ascertia Limited, Identrust, Inc., Rpost technologies, Signix, Secured Signing Limited among others.
Few Key Points from Table of Content
7 Digital Signature Market – Competitive Landscape 7.1 Global Digital Signature Market Sales Revenue (US$ Bn), 2014 – 2025 7.2 Digital Signature Market – Market Share Analysis of Market Positioning of Key Players, 2015
8 Global Digital Signature Market Revenue and Forecasts to 2025 – Solution 8.1 Overview 8.1.1 Segment Share (%), 2015 & 2025 8.2 Hardware 8.3 Software
9 Global Digital Signature Market Revenue and Forecasts to 2025 – Service 9.1 Overview 9.1.1 Segment Share (%), 2015 & 2025 9.2 Professional Services 9.3 Managed Services
10 Global Digital Signature Market Revenue and Forecasts to 2025 – Deployment Model 10.1 Overview 10.1.1 Segment Share (%), 2015 & 2025 10.2 On-Premises 10.3 Cloud
11 Global Digital Signature Market Revenue and Forecasts to 2025 – Application 11.1 Overview 11.1.1 Segment Share (%), 2015 & 2025 11.2 Finance 11.3 Legal 11.4 Healthcare 11.5 Human Resource 11.6 Government 11.7 Education & Research 11.8 Others
13 Global Digital Signature Market, Key Company Profiles Included Key Facts, Business Description, Financial Overview, SWOT Analysis and Key Developments 13.1 Adobe Systems Inc. 13.2 Entrust Datacard Corporation 13.3 Kofax Limited 13.4 Gemalto, Inc. 13.5 Topaz Systems Inc. 13.6 Microsoft Corporation 13.7 Right Signature LLC 13.8 Esignlive, Docusign, Inc. 13.9 Oracle Corporation 13.10 Ascertia Limited 13.11 Identrust, Inc. 13.12 Rpost technologies 13.13 Signix 13.14 Secured Signing Limited
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About The Insight Partners: The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Media, and Telecommunication industries.
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The Insight Partners
Sameer Joshi
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sales@theinsightpartners.com
Source: EmailWire.Com
Source: EmailWire.com
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