Global Digital Signature Market | On Premise Accounts for Largest
DUBLIN, October 01, 2021–(BUSINESS WIRE)–The “Digital Signature Market – Market Size & Forecasting (2018-2030)” report has been added to ResearchAndMarkets.com’s offering.
The global Digital Signature market is segmented on the basis of component, deployment, organization size, industry vertical, and region. Based on component, the market is bifurcated into hardware, software and services.
Based on Deployment, the market is segmented into On-Premises Cloud, and Hybrid. Based on organization size, the market is classified into large enterprises, and small and medium size enterprises. On the basis of Industry Verticals the market is segmented into, banking, financial services, and insurance (bfsi), IT & telecommunication, government, real estate, education, healthcare & life sciences, and others. The market is analyzed across North America, Europe, Asia-Pacific, Middle East and Africa and South America.
Based on component, digital signature market is segmented into hardware, software, and services. The software segment accounted for largest share in the global market in 2020 and expected to remain dominant over the estimated timeframe. The services segment is estimated to register high growth over the forecast period.
Based on Deployment, Digital Signature market is segmented into on-premises, cloud, and hybrid. On-Premise accounted for the largest market share of 58.01% in 2020, with a market value of USD 1,250.27 Million and is projected to grow at a CAGR of 30.10% during the forecast period. Cloud was the second-largest market in 2020, valued at USD 651.42 Million in 2020; it is projected to grow at a CAGR of 32.64%. However, Hybrid is projected to grow at the highest CAGR of 39.18%.
Based on organization size, digital signature market is segmented into large enterprises, and SME’s. Large Enterprises accounted for the largest market share of 63.37% in 2020, with a market value of USD 1,365.60 Million and is projected to grow at a CAGR of 30.37% during the forecast period. SME’s was the second-largest market in 2020, valued at USD 789.51 Million in 2020; it is projected to grow at the highest CAGR of 35.09%.
Based on industry verticals, digital signature market is segmented into Banking, Financial Services, and Insurance (BFSI), IT & Telecommunication, Government, Real estate, Education, Healthcare & Life Sciences, Others. BFSI accounted for the largest market share of 32.39% in 2020, with a market value of USD 698.05 Million and is projected to grow at a CAGR of 32.53% during the forecast period. IT & Telecommunication was the second-largest market in 2020, valued at USD 472.91 Million in 2020; it is projected to grow at the highest CAGR of 34.19%.
The Digital Signature market is segmented as North America, Europe, Asia Pacific, Middle East And Africa and South America on the basis region. North America accounted for the largest market share of 37.67% in 2020, with a market value of USD 811.86 Million and is projected to grow at a CAGR of…
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