According to a new report Global Digital Signature Market, published by KBV research, The Global Digital Signature Market size is expected to reach $20.62 billion by 2027, rising at a market growth of 32.2% CAGR during the forecast period.
The Solutions market dominated the Global Digital Signature Market by Component 2020 thereby, growing at a CAGR of 31.1% during the forecast period. Many companies prefer solutions due to their simple integration with prevailing IT systems, multi-layered security and protection features, and others.
The Large Enterprises market dominated the Global Digital Signature Market by Organization Size 2020 thereby growing at a CAGR of 31.3% during the forecast period. The increasing adoption of e-business models and paperless systems is leading to a rise in the acceptance of electronic signatures. Also, large enterprises have a higher IT budget as compared to SMEs, which would increase the deployment of modern digitalized solutions.
The On Premise market dominated the Global Digital Signature Market by Deployment Mode 2020, thereby growing at a CAGR of 30.3% during the forecast period. Companies and several verticals globally are embracing eSignature solutions in the cloud to achieve cost optimization, flexibility, and scalability. Moreover, as companies are moving to digitalization and technologically upgraded solutions, the demand for digital signatures is expected to increase among the cloud enterprises.
The BFSI market dominated the Global Digital Signature Market by End User 2020 thereby, growing at a CAGR of 30.6% during the forecast period. The BFSI industry is going through digital transformation with the ever-changing demands of the customers. There has been a significant rise in the utilization of online services like mobile banking, internet banking, and stock trading. With the help of customer-oriented business applications, the BFSI industry aimed to understand the digital consumer behavior, choices, and preferences.
The North America market dominated the Global Digital Signature Market by Region 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $7,590.5 million by 2027. The Europe market is anticipated to grow at a CAGR of 31.3% during (2021 - 2027). Additionally, The Asia Pacific market would showcase a CAGR of 34.7% during (2021 - 2027).
Full Report: https://www.kbvresearch.com/digital-signature-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of 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 Geography
Companies Profiled
Unique Offerings 
