Digital Signature Market Size Worth $22.1 Billion By 2026 | CAGR: 41.5%
                     Digital Signature Market
Set to Exceed USD 22.1 Billion by 2026 | CAGR 41.5%
“Digital Signature Market Share, Size, Trends, 
Solution Analysis Report By Component (Solutions 
(Hardware, Software), Services(Managed Services, 
Professional Services)); By Deployment (Cloud, On-
Premise); By Application (E-commerce, Education 
and Research, BFSI, Government and Defense, Legal, 
Healthcare and Life Sciences, Real Estate, 
Manufacturing and Engineering) By Regions, 
Segment Forecast, 2020 - 2026”
Digital Signature Market Estimate & Forecast to 2026
The global Digital Signature market size is expected to reach USD 22.1 Billion by 2026 
according to a new study by Polaris Market Research.
The market is projected to witness a significant growth over the forecast period. Strong 
demand from government as well as defense sector among other applications is contributing 
to a rising demand for digital signatures across the globe. Governments and defense 
applications use digital signatures for various purposes such as forms & licenses issuing, tax 
and returns filing, treasury orders, online government directives and orders, file movements, 
filing of public information, online money orders, among others.
Features of digital signatures such as high security, tamper proof cryptographic encryption, 
authentication at multiple levels, as we as ability to provide certificate-based ID 
authentication have led the governments across the globe to adopt digital signature on a 
wide scale. Cost savings associated with digital signatures, ease of usage and ability to 
bypass fraud issues and tedious paper work are some of the other factors driving the growth 
in the segment.
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 Digital Signature Market Scope
By Component By Deployment Application By Region Report Attributes
• Solutions
Hardware  On-premise  E-commerce  North America  Historic year: 2015-2018
Software
• Services  Cloud  Education and Research  Europe  Base year: 2019
Managed Services
Professional Services  BFSI  Asia Pacific  Forecast Year: 2020-
 Government and  Latin America Middle 2026
Defense East & Africa  Revenue (USD Billion)
 Legal
 Healthcare and Life 
Sciences
 Real Estate
 Manufacturing and 
Engineering
 Others
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Digital Signature Market Estimate & Forecast to 2026
E-commerce activities especially in countries such as India and in China have witnessed 
tremendous rise in these countries in the recent past and the momentum is expected to 
continue over the next few years. High penetration of mobile phone users, declining internet 
prices, broad product portfolio are some of the reasons for e-commerce growth. All these 
activities have thus resulted in a rise in online payments which is proving to be extremely 
beneficial for the overall market growth.
Improving economic conditions, proactive approach taken by governments in Asia Pacific 
region to boost industrial sector has resulted in a rapid urbanization in the region. The 
region has witnessed a rapid rise in urban population in the past years. This urban 
population has access to smartphones, and internet and are major drivers for applications 
growth of the market
The digital signature operators have to maintain highly reliable as well as secure systems 
that cannot be easily modified and bypassed. Whenever a legal dispute arises, digital 
signature operators need to prove their operational reliability through means of expert 
verification. This entails additional costs. Companies have to offset such restraints to gain 
market share. Some of the leading players in the market include Kofax, Rpost Technologies, 
Identrust, Secured Signing Limited, SIGNiX, Entrust Datacard, DocuSign, Ascertia, Gemalto, 
OneSpan, Adobe, and HellosCoigpyrnigh ta ©m Poloarins Mgar koet tRhesearcsh  &  C o n s u l tin g   L L P  2 0 1 8 .  A l l R  ig h ts   R e s e rv e d                                         4
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Digital Signature Market Share
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About Us
Polaris Market Research is a global market research and consulting company. The company 
specializes in providing exceptional market intelligence and in-depth business research services 
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