2017 U.S. Digital Signature Market 2013-2023 by Solution, Service, Deployment Type and Application
DUBLIN, March 15, 2018 /PRNewswire/ --
The "U.S. Digital Signature Market by Solution (Software, Hardware), by Service (Managed, Professional), by Deployment Type (Cloud Based, On-Premise), by Application - Market Size, Share, Development, Growth and Demand Forecast, 2013-2023" report has been added to ResearchAndMarkets.com's offering
Increasing use of digital signatures to eliminate fraud, has been cited as one of the prime factors for strong growth of the market in the country. A lot of counterfeit and tempering incidences has been observed in software distribution and financial transaction processes across the U.S., which is creating robust demand for digital signature in the country.
Among solutions in the digital signature market, software led the market in terms of revenue contribution in 2016. The market for software is expected to grow faster than hardware, during the forecast period. Businesses across the globe, particularly in the U.S., are ditching paper work and signing important documents online. This trend is backed by globalization, rapid digitization and penetration of smart phones across various industry verticals in recent years.
The market for cloud based deployment was larger than on-premised based deployment in the U.S. digital signature market. The market for cloud deployment is also expected to witness a faster growth than on-premise, during the forecast period. The fast growth of cloud based will be driven by companies operating in the market that are rolling out subscription based hosted offerings. Moreover, the global acceptance of cloud based services and emergence of pay-as-you-go models have escalated its demand among enterprises in the country.
The expansion of e-commerce industry in the country is witnessed as a good growth opportunity for the market. The U.S. e-commerce industry is projected to expand in future amid rising internet penetration and ease in online transactions. According to the e-Commerce Foundation, in 2015, the e-commerce market in the country was second largest across the globe. The use of digital signature by various e-commerce companies provides them with integrity, confidentiality, authentication and legal non-repudiation in business transactions.
The U.S. digital signature market is moderately competitive with players developing new strategies, particularly new product launches to reach their customers in the most effective and efficient way. For instance, in July 2017, Zoho, an operating system (OS) provider, announced the launch of Zoho Sign. The new launch is a digital signature app for businesses, aiming to set the company's big step in the digital transaction management market. The new launch would enable businesses to sign and send legally binding contracts from anywhere, using a signing process, which is highly simple in nature.
Key Topics Covered
Chapter 1. Research Background
1.1 Research Objectives
1.2 Market Definition
1.3 Research Scope
1.3.1 Market Segmentation by Solution
1.3.2 Market Segmentation by Service
1.3.3 Market Segmentation by Deployment Type
1.3.4 Market Segmentation by Application
1.3.5 Analysis Period
1.3.6 Market Data Reporting Unit
1.3.6.1 Value
1.4 Key Stakeholders
Chapter 2. Research Methodology
2.1 Secondary Research
2.2 Primary Research
2.2.1 By industry participant
2.2.2 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 Solution
4.1.1.1 Software
4.1.1.2 Hardware
4.1.2 By Service
4.1.2.1 Managed
4.1.2.2 Professional
4.1.3 By Deployment Type
4.1.3.1 Cloud Based
4.1.3.2 On-Premises
4.1.4 By Application
4.1.4.1 Government
4.1.4.2 IT & telecom
4.1.4.3 BFSI
4.1.4.4 Healthcare & life science
4.1.4.5 Retail & manufacturing
4.1.4.6 Others
4.2 Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.1.1 U.S. government's paperwork elimination act
4.3.1.2 Increasing adoption of digital signature based biometrics in BFSI sector
4.3.1.3 Increasing signature frauds in the U.S.
4.3.1.4 Impact analysis of drivers on market forecast
4.3.2 Restraints
4.3.2.1 Separate laws for digital signature by the state and federal governments
4.3.2.2 High cost of digital signature solution
4.3.2.3 Availability of conventional paper-based signature procedures
4.3.2.4 Impact analysis of restraints on market forecast
4.3.3 Opportunities
4.3.3.1 Expansion of e-commerce industry
4.3.3.2 Emergence of highly secured cloud-based signature solutions
4.4 Porter's Five Forces Analysis
4.4.1 Bargaining power of buyers
4.4.2 Bargaining power of suppliers
4.4.3 Intensity of rivalry
4.4.4 Threat of new entrants
4.4.5 Threat of substitutes
Chapter 5. Market Size and Forecast
5.1 By Solution
5.2 By Service
5.3 By Deployment Type
5.4 By Application
Chapter 6. Competitive Landscape
6.1 Product Benchmarking of Key Players
6.2 Strategic Developments of Key Players
6.2.1 Merger and Acquisition
6.2.2 Product Launch
6.2.3 Partnership
Chapter 7. Company Profiles
7.1 Adobe Systems, Inc.
7.1.1 Business Overview
7.1.2 Product and Service Offerings
7.1.3 Key Financial Summary
7.1.4 Strategic Growth Plans
7.2 Secured Signing Limited
7.2.1 Business Overview
7.2.2 Product and Service Offerings
7.2.3 Strategic Growth Plans
7.3 Gemalto N.V.
7.3.1 Business Overview
7.3.2 Product and Service Offerings
7.3.3 Key Financial Summary
7.3.4 Strategic Growth Plans
7.4 SIGNiX Inc.
7.4.1 Business Overview
7.4.2 Product and Service Offerings
7.5 Entrust Datacard Corporation
7.5.1 Business Overview
7.5.2 Product and Service Offerings
7.6 Ascertia
7.6.1 Business Overview
7.6.2 Product and Service Offerings
7.7 DocuSign Inc.
7.7.1 Business Overview
7.7.2 Product and Service Offerings
7.8 eSignLive
7.8.1 Business Overview
7.8.2 Product and Service Offerings
For more information about this report visit https://www.researchandmarkets.com/research/qn5463/2017_u_s_digital?w=5
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