Brazil Digital Signature Market Size & Outlook, 2024-2030
Brazil digital signature market, 2017-2030 (US$M)
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Brazil digital signature market highlights
- The Brazil digital signature market generated a revenue of USD 140.6 million in 2023 and is expected to reach USD 1,417.7 million by 2030.
- The Brazil market is expected to grow at a CAGR of 39.1% from 2024 to 2030.
- In terms of segment, solution was the largest revenue generating component in 2023.
- Services is the most lucrative component segment registering the fastest growth during the forecast period.
Digital signature market data book summary
| Market revenue in 2023 | USD 140.6 million |
| Market revenue in 2030 | USD 1,417.7 million |
| Growth rate | 39.1% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data | 2017 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Solution, Services |
| Key market players worldwide | DocuSign Inc, Adobe Inc, OneSpan Inc, Ascertia, Topaz Energy Corp Ordinary Shares, Entrust Inc. |
Other key industry trends
- In terms of revenue, Brazil accounted for 3.1% of the global digital signature market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Latin America, Brazil digital signature market is projected to lead the regional market in terms of revenue in 2030.
- Mexico is the fastest growing regional market in Latin America and is projected to reach USD 1,055.9 million by 2030.
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Digital Signature Market Scope
Digital Signature Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Brazil digital signature market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to digital signature market will help companies and investors design strategic landscapes.
Solution was the largest segment with a revenue share of 64.08% in 2024. Horizon Databook has segmented the Brazil digital signature market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Brazilian government is actively driving digital transformation initiatives to digitize public services and improve efficiency. Digital signatures play a crucial role in this transformation by enabling secure and paperless processes in government transactions, such as tax filings, public procurement, and online document submissions.
The Infraestrutura de Chaves Públicas Brasileira (ICP-Brasil) digital certificate is a virtual identity for Brazilian citizens and companies. It enables the creation of an e-CPF (electronic Cadastro de Pessoa Física), the electronic version of the CPF, and the Brazilian individual taxpayer identification number.
The e-CPF serves as a digital identification document and empowers individuals to sign proxies and contracts remotely with legal validity.
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Our clientele includes a mix of digital signature market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the Brazil digital signature market , including forecasts for subscribers. This country databook contains high-level insights into Brazil digital signature market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Brazil Digital Signature Market Outlook Share, 2024 & 2030 (US$M)
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