Digital Signature Market to Witness Robust Expansion by 2029

The global digital signature market is anticipated to grow at a significant CAGR of 30.5% during the forecast period (2023-2030). The increasing attempts of the Indian government for digitalization in India, along with growing approval for the digital signatures in different sectors are a key factor driving the global digital signature market. For instance, in September 2023, the Assam Society for Comprehensive financial Management System (AS-CFMS), a registered society under the finance department has issued directives to all district Commissioners in Assam regarding the implementation of Digital Signature certificates (DSCs) with the Integrated Financial Management Information System (IFMIS), also known as FinAssam. This move is taken as a significant step toward enhancing financial efficiency of the finance department. 

Further, in May 2023, the Orissa High Court has amended the Rules of the High Court of Orissa, 1948 to insert Chapter XXI-A under Part-V which introduces the system of ‘digitally signed copies’ of orders and judgments of the Court. Rules under the chapter mandate the secretarial staff preparing the order or judgment to append his/her digital signature on the soft copy of the order/judgment.

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Market Coverage

  • The market number available for – 2022-2030
  • Base year- 2022
  • Forecast period- 2023-2030

Segment Covered- 

  • By Offering
  • By Deployment
  • By End-User Industry

Regions Covered-

  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World

Competitive Landscape- including DocuSign Inc., HelloSign, SunGard Signix Inc., SafeNet Inc., and ePadLink among others.

Digital Signature Market Report Segment

By Offering

  • Hardware
  • Software
  • Services

By Deployment

  • Cloud-Based
  • On-Premise

By End-User Industry

  • BFSI
  • Government
  • Healthcare
  • Oil & Gas
  • Military & Defense
  • Logistics & Transportation
  • Research and Education
  • Other End-user Industries (Real Estate, Manufacturing, Legal, IT, and Telecom)

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Digital Signature Market Report Segment by Region

North America                                                                                                           

  • United States
  • Canada

Europe

  • UK
  • Germany
  • Spain
  • France
  • Italy
  • Rest of Europe

Asia-Pacific

  • India
  • China
  • Japan
  • South Korea
  • Rest of APAC

Rest of the World

  • Latin America
  • Middle East and Africa

Company Profiles

  • Adobe
  • Alphatrust Corp.
  • Apple Inc.
  • Ascertia
  • Bit4id
  • Comsigntrust
  • Digicert, Inc.
  • Docusign, Inc.
  • Entrust Corp.
  • Globalsign
  • Idemia
  • Identrust, Inc.
  • Lawtrust
  • Multicert
  • Onespan
  • Oodrive
  • Primekey
  • Rntrust
  • Secured Signing Ltd.
  • Solutions Notarius Inc.
  • Sungard Signix Inc.
  • Symtrax
  • Tessi
  • Thales
  • Zoho Corp. Pvt. Ltd.

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