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Global Digital Signature Market, 2013-2018 & 2023 - Increasing Use of Digital Signatures in Healthcare & Use of Digital Signatures in BlockchainDUBLIN, Jan. 14, 2019 /PRNewswire/ -- The "Digital Signature Market by Solution - Global Market Size, Share, Development, Growth, and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering. Global digital signature market is expected to reach $3,410.8 million by 2023 A significant growth in demand for these signatures is anticipated due to increasing use of them to reduce deception, growing government focus towards eliminating paperless work coupled with growing adoption of biometrics with this technology in various end use industries, across the globe. Insights on Market Segments Based on solution, digital signature market is categorized into hardware, software and services, of which services has been contributing the largest revenue share globally. However, software is expected to be the fastest growing category during the forecast period. This can be attributed to the increasing demand for accessibility of such signatures in connected devices such as smartphones, tablets, laptops in different applications such as government, banking, financial services and insurance. Need to curb fraudulent activities in BFSI sector is a key growth driver of the market The increasing acceptance of biometric component based on this technology in the BFSI sector is bolstering the growth of digital signature market. Use of this technology in biometric systems is one of the most secure methods for the identification and authentication procedures, due to its unique characteristics of the user's signature. Moreover, advancement in encryption-based security eliminates possibility of duplication. These innovative and advanced applications of the signatures based on this technology in BFSI sector are driving the growth of the digital signature market. Also, these technologies help in reducing the enormous amount of time involved in filling forms, such as banking forms, insurance forms, and legal and advisory forms. The one-time digitized scanned signature can be used several times in banking and insurance procedures. The tradition of using online forms for filing income tax returns, opening of saving and credit account in banks and buying insurance have increased the demand of digital technologies, including digital signatures. These signatures are helpful in eliminating frauds and thefts in many areas of security. By authentication of signatures of healthcare professionals, paper-based prescriptions can be digitally transferred from doctor to hospital's server, and then to patient's pharmacy, thus inhibiting a person's ability to manipulate or forge the doctor's prescription. Pharmacists have an online copy for the comparison of a patient's digitized prescriptions, for the better healthcare services. Digital signature market competitiveness The intensity of rivalry in the global digital signature market is moderate. Digital signature market players are focusing on product launch and partnerships to enhance the product security features and expand their consumer base across the globe. Some of the key players operating in the digital signature market are Adobe Systems Incorporated, Secured Signing Limited, SIGNiX Inc., Entrust Datacard Corporation, Ascertia, DocuSign Inc. and Gemalto NV. Key Topics Covered: Chapter 1. Research Background 1.1 Research Objectives 1.2 Market Definition 1.3 Research Scope 1.4 Key Stakeholders Chapter 2. Research Methodology 2.1 Secondary Research 2.2 Primary Research 2.2.1 Breakdown of Primary Research Respondents 2.2.1.1 By region 2.2.1.2 By industry participant 2.2.1.3 By company type 2.3 Market Size Estimation 2.4 Data Triangulation 2.5 Assumptions for the Study Chapter 3. Executive Summary Chapter 4. Introduction 4.1 Definition of Market Segments 4.1.1 By Component 4.1.1.1 Software 4.1.1.2 Hardware 4.1.1.3 Services 4.1.1.3.1 Managed 4.1.1.3.2 Professional 4.1.2 By Deployment Mode 4.1.2.1 Cloud 4.1.2.2 On-premises 4.1.3 By Application 4.1.3.1 Government 4.1.3.2 BFSI 4.1.3.3 IT 4.1.3.4 Healthcare & life sciences 4.1.3.5 Retail 4.1.3.6 Telecom 4.1.3.7 Others 4.1.4 By Enterprise Size 4.1.4.1 Large Enterprises 4.1.4.2 Small and Medium Enterprises 4.1.5 By Class 4.1.5.1 Class 1 4.1.5.2 Class 2 4.1.5.3 Class 3 4.2 Market Dynamics 4.2.1 Trends 4.2.1.1 Increasing use of digital signatures in Healthcare 4.2.1.2 Use of digital signatures in blockchain 4.2.2 Drivers 4.2.2.1 Increasing use of digital signatures to prevent deception 4.2.2.2 Increasing adoption of digital signature-based biometrics in BFSI sector 4.2.2.3 Government policies supporting market growth 4.2.2.4 Impact analysis of drivers on market forecast 4.2.3 Restraints 4.2.3.1 High cost of digital signature solution 4.2.3.2 Availability of conventional paper-based signature procedures 4.2.3.3 Impact analysis of restraints on market forecast 4.2.4 Opportunities 4.2.4.1 Massive unexplored markets across the globe 4.2.4.2 Growing e-business market 4.2.4.3 Growing usage of digital signature to eliminate paper work 4.3 Porter's Five Forces Analysis Chapter 5. Government Regulations 5.1 U.S. 5.2 Canada 5.3 Europe 5.4 U.A.E. 5.5 Brazil 5.6 China 5.7 India 5.8 Japan 5.9 Australia Chapter 6. Global Market Size and Forecast 6.1 By Component 6.1.1 Services by Type 6.2 By Deployment Mode 6.3 By Application 6.4 By Enterprise Size 6.5 By Class 6.6 By Region Chapter 7. North America Market Size and Forecast Chapter 8. Europe Market Size and Forecast Chapter 9. Asia-Pacific Market Size and Forecast Chapter 10. LATAM Market Size and Forecast Chapter 11. MEA Market Size and Forecast Chapter 12. Competitive Landscape 12.1 Global Strategic Developments of Key Players 12.1.1 Mergers and Acquisitions 12.1.2 Product Launches 12.1.3 Partnerships Chapter 13. Company Profiles
For more information about this report visit https://www.researchandmarkets.com/research/wp9773/global_digital?w=5 Research and Markets also offers Custom Research services providing focused, comprehensive and tailored research. Media Contact: Laura Wood, Senior Manager View original content:http://www.prnewswire.com/news-releases/global-digital-signature-market-2013-2018--2023---increasing-use-of-digital-signatures-in-healthcare--use-of-digital-signatures-in-blockchain-300777670.html SOURCE Research and Markets |