is the digital correspondent of a handwritten signature or a stamped seal, but offering far more inherent security which is intended to solve the problems of tampering and impersonation in Digital Communications. Digital Signature rely on the process called encryption to ensure authentication. Encryption is the process of sending the data from one computer to other and encoding it into the form that only the other computer will be able to decode. It is basically a way to ensure the authenticity. It allows you to automate your approvals and ensure data integrity to apply digital signatures to messages or files the organization must hold a valid digital certificate which is issued by global sign.
The Informational Technology Act 2000 provides the legal sanctity to the digital signatures based on asymmetric cryptosystems. The digital signatures are now accepted at level with handwritten signatures and electronic documents that have been digitally signed are treated at equivalence with paper documents.
Secured signing uses a secure Personalised X509 PKI Digital Signature technology that gives candidates and employees the elasticity to finish the online registration or on-boarding pack, and sign from anywhere, anytime, with any device. Secured Signing’s customized e-form workflow and e-signing solutions facilitate prompt, lawful and secure methods that automate the business process, eliminate the paper trail, and create competitive advantages within the industry.
Based on the usage Digital Signature is broadly classified into 3 categories which are Class 1 which is used for identification of username/email ID stating that, a particular username/ email ID belongs to a particular person. Class 2 which is generally used for filling documents income tax, registration for companies and VAT. Class 3 which is required for E-Tendering, which is a procurement process that is conducted online. Some of the areas in which it is helpful includes supplier registration, submission of bid document and evaluation of Tenders.
Digital Signature is broadly categorized by solution which includes software and hardware markets and by services which is again classified as managed services and professional services.
It is widely used in various sectors like government, health care, human resource (HR), legal and engineering.The Digital Signature market
size is estimated to grow from USD XX billion by 2021 at an estimated annual growth of (CARG) of xx% from 2016 to 2021.The finance sector is expected to contribute the largest market share I the Digital Signature Market sectors include government, health care, engineering.
North America is expected to have the largest market size in Digital Signature Market because of the presence of various developed economies such as USA and Canada. This growth is further fostered by application of digital business process across verticals in the region. Europe is likely to grow with the highest CAGR.Growth Of Digital Signature Market Drives Electronic Signature Market:
Digital Signature works as an Electronic Signature but it is not an Electronic Signature. The basic difference is the Electronic signature is a legally binding record and the Digital Signature is the underlying encryption technology that verifies the authenticity of the transaction. It supports Electronic Signatures by means of securing sensitive data, detection of tampering efforts and invalidates signed documents if have been altered anyway and strengthens signer trust. Simply having Digital Signature applied to support the electronic signature is very important.
Both collect different types of information. On one hand, the electronic signature makes it simpler and easier for users to sign agreements and complete other online transactions. On the other, digital signatures provide a key layer of security and authenticity to those simplified signatures. When combined, e-signatures and digital signatures form a holistic solution to document agreements and ensure the source file that preserves the record which is secured, safe and verifiable.
When e-signature built on digital signature technology means it is the ability to collect persuasive electronic evidence. This can be achieved by recording and duplicating the exact process used to build the signer’s understanding of what they were agreeing to and signing. This includes the exact look and order of all the web screens, documents and legal disclosures that were presented.
The leading players in this market include:
- Kotrade Inc.
- Adobe Systems Inc.
- Gemalto, Inc.
- International Business solutions llc,
- Korea SYSTEM's TECH Inc.
1. Market Overview
2. Executive Summary
3. Digital Signature Marketing Landscape
3.1. Market Share Analysis
3.2. Comparative Analysis
3.2.1. Product Benchmarking
3.2.2. End user Profiling
3.2.3. Top 5 Financials Analysis4. Digital Signature Market-Forces
4.1. Market Drivers
4.2. Market Constraints & Challenges
4.3. Attractiveness of the Digital Signature Industry
4.3.1. Power of Suppliers
4.3.2. Threats From New Entrants
4.3.3. Power of Buyer
4.3.4. Threat From Substitute Product
4.3.5. Degree of Competition5. Digital Signature Market-Strategic Analysis
5.1. Digital Signature Market - Value Chain Analysis
5.2. Pricing Analysis
5.3. Opportunity Analysis
5.4. Product Life Cycle
5.5. Suppliers and Distributors
5.6. SWOT Analysis6. Digital Signature Market-By Type
6.2. Class 1
6.3. Class 2
6.4. Class 37. Digital Signature Market -By Solution
7.3. Hardware 8. Digital Signature Market-By Service
8.2. Managed services
8.3. Professional services 9. Digital Signature Market- By Deployment Model
9.3. Cloud10. Digital Signature Market -By Application
10.3. Health care
10.6. Human Resource
10.8. Others11. Digital Signature Market-By Geography
11.1. North America
11.1.3. Rest of Americas
11.2.4. Rest of Europe
11.3.2. South Korea
11.4. Rest of The World (ROW)12. Digital Signature Market-Entropy
12.1. New Product Developments
12.2. Mergers and Acquisitions13. Company Profiles
13.1. Topaz systems Inc.
13.2. Transtech systems Inc.
13.3. Vastone Electronic CO.Ltd
13.4. Wipaq trading LLC
13.5. Kotrade Inc.
13.6. Linkflex Co..,LTD
13.7. MIPTEC CO.,LTD
13.8. Adobe Systems Inc.
13.9. ArcticSoft Technologies Limited
13.11. Evolis Inc
13.12. Gemalto, Inc.
13.13. Global Sunshine Export LLC
13.14. International Business solutions llc,
13.15. Isage Communications pvt.Ltd
13.16. Korea SYSTEM's TECH Inc.*More than 40 Companies are profiled in this Research Report, Complete List available on Request*
"*Financials would be provided on a best efforts basis for private companies"
14.3. Research Methodology
14.5. Compilation of Expert Insights