The global Digital signature market size is expected to increase by USD 7.10 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 30%.
Apparently, North America will account for 33% of the market’s growth during the forecast period. Market growth in this region will be faster than the growth of the market in the South American and MEA regions. The US is the key country for the digital signatures market in North America.
The high adoption of cloud technology in the US and Canada will drive the digital signature market growth in North America during the forecast period. In addition, some of the major vendors, such as Adobe, DocuSign, Oracle, SIGNiX, Entrust Datacard, and OneSpan, are present in North America. Almost all these vendors offer digital signature products based on the cloud. Cloud-based digital signature service allows organizations to access the digital signature functionality through document workflow providers such as Adobe, creating a true end-to-end solution.