Technology News & Trends

A digital signature is an encrypted and electronic stamp of authentication on digital documents such as PDF files, word files, or online legal contract papers. With recent advancements in digital technology, cloud-based digital signature solutions are gaining traction in the market. The cloud-based segment is expected to account for a significant share of the digital signature market over the forecast period. The global digital signature market is currently driven by benefits provided by solutions such as cost reduction, improved efficiency, time saving, and enriched customer experience. The global digital signature market was valued at US$ 804.8 Mn in 2017 and is expected to expand at a CAGR of 27.0% during the forecast period. Improved operational efficiency at reduced costs, enhanced security, and organized workflow associated with digital signatures are some of the factors expected to drive the digital signature market. However, lack of awareness regarding the legality o...

According to a new market report published by Transparency Market Research titled ‘Digital Signature Market – Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018 – 2026,’ the global digital signature market was valued at US$ 804.8 Mn in 2017 and is expected to expand at a CAGR of 27.0% from 2018 to 2026, reaching a value of US$ 6,911.4 Mn by the end of the forecast period. According to the report, North America was a significant contributor to the digital signature market in terms of revenue in 2017. The prominent market share of the region is due to the high adoption of cloud technology and the presence of prominent digital signature vendors across the region, especially in the U.S. and Canada. Benefits provided by the Solutions such as Organized Workflow and Improved Security are driving the Global Digital Signature Market The global digital signature market is currently driven by benefits provided by the solutions such as organized workflow and impr...