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Digital signature market expected to reach $7.1Bn by 2025

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Digital signature market expected to reach $7.1Bn by 2025

The global digital signature market is expected to grow from $2.17 billion in 2020 to $2.63 billion in 2021 at a compound annual growth rate (CAGR) of 21.2%. The market is expected to reach $6.9 billion in 2025 at a CAGR of 27%.

 

33% of the market’s growth will originate from North America for the digital signature market. The US is the key market for digital signature in the region.

 

The global digital signature market is expected to grow from $2.17 billion in 2020 to $2.63 billion in 2021 at a compound annual growth rate (CAGR) of 21.2%. The market is expected to reach $6.9 billion in 2025 at a CAGR of 27%.

 

The digital signature market is segmented by offering into software, hardware, services. It is also segmented by deployment into cloud, on-premises and by end-user into banking, financial services, and insurance (BFSI), IT and telecommunications, government, health care and life sciences, education, retail, real estate, others.

 

Major players in the digital signature market are Adobe Systems, DocuSign Inc., Ascertia, Identrust, SIGNiX, Gemalto, Entrust Datacard Corporation, Kofax Limited (a Lexmark Company), and RPost Technologies.