The Latin America, Middle East and Africa Digital Signature Market would witness market growth of 35.9% CAGR during the forecast period (2021-2027).
Digital signatures are defined as the most sophisticated and secure kind of electronic signatures. Any entity including governments, companies and individuals can adopt and utilize them to adhere to the most stringent legal and regulatory needs as they offer the maximum levels of assurance regarding every signer’s identity and the authenticity of the documents they sign.
Countries like Argentina follow the model wherein digital signature provided by a Certifying body is viewed as legally valid. Since 2012, the utilization of digital signatures started to be permitted in the private sector for the purpose of signing HR documentation and for public bodies. This could mean that the growing number of day-to-day operations is performed digitally and with signature
Moreover, the digital signature will continue to incorporate new functionalities based on the changing requirements of the different industries. By adopting digital signatures, many companies are reaping benefits like enhanced team collaboration, faster document turnaround, higher accuracy, compliance, and data security.
The Brazil market dominated the LAMEA Energy & Utilities Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $41.8 million by 2027. The Argentina market is estimated to witness a CAGR of 40.5% during (2021 - 2027). Additionally, The UAE market would exhibit a CAGR of 39.3% during (2021 - 2027).
Based on Component, the market is segmented into Solutions and Services. Based on organization size, the market is segmented into large enterprise and Small & medium enterprise. Based on Deployment Mode the market is segmented into On premises and Cloud. Based on End User, the market is segmented into BFSI, Healthcare & Life Sciences, Energy & Utilities, Education and Legal, Telecom & IT, Government & Public Sector, and Hardware. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Digital Signature Market is Predict to reach $20.62 billion by 2027, at a CAGR of 32.2%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Docusign, Inc., Secured Signing Limited, OneSpan, Inc., DigiCert, Inc., Zoho Corporation Pvt. ltd., Thales Group S.A., Adobe, Inc., Entrust Corporation, and GMO GlobalSign Pte. Ltd. (GMO Internet, Inc.)
By Component
By Organization Size
By Deployment Mode
By End User
By Country
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