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May 03, 2022, 23:00 ET
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NEW YORK, May 3, 2022 /PRNewswire/ — The digital signature market growth will be led by North America during the forecast period. The region will account for 33% of the market’s growth during the forecast period. The global market size is expected to increase by USD 7.10 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 30%.
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Major Five Digital Signature Companies: Key offerings
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Digital Signature Market End-user Outlook (Revenue, USD bn, 2020-2025)
Digital Signature Market Geography Outlook (Revenue, USD bn, 2020-2025)
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Regional Analysis
North America will account for 33% of the market’s growth during the forecast period. Market growth in this region will be faster than the growth of the market in the South American and MEA regions. The US is the key country for the digital signatures market in North America.
The high adoption of cloud technology in the US and Canada will drive the digital signature market growth in North America during the forecast period. In addition, some of the major vendors, such as Adobe, DocuSign, Oracle, SIGNiX, Entrust Datacard, and OneSpan, are present in North America. Almost all these vendors offer digital signature products based on the cloud. Cloud-based digital signature service allows organizations to access the digital signature functionality through document workflow providers such as Adobe, creating a true end-to-end solution.
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Digital Signature Market Scope
Report Coverage
Details
Page number
120
Base year
2020
Forecast period
2021-2025
Growth momentum & CAGR
Accelerate at a CAGR of 30%
Market growth 2021-2025
USD 7.10 billion
Market structure
Concentrated
YoY growth (%)
24.85
Regional analysis
North America, Europe, APAC, South America, and MEA
Performing market contribution
North America at 33%
Key consumer countries
US, Germany, UK, China, and Japan
Competitive landscape
Leading companies, Competitive strategies, Consumer engagement scope
Key companies profiled
Adobe Inc., DocuSign Inc., Dropbox Inc., Entrust Datacard Corp., GMO Internet Inc., OneSpan Inc., Oracle Corp., SIGNiX Inc., Thales Group, and Thoma Bravo LP
Market dynamics
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period
Customization purview
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized.
Table of Contents
Executive Summary
Market Landscape
Market Sizing
Five Forces Analysis
Market Segmentation by End-user
Customer landscape
Geographic Landscape
Vendor Landscape
Vendor Analysis
Appendix
About Technavio
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions.
With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
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Technavio Research
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SOURCE Technavio
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