Japan Digital Signature Market Size & Outlook, 2023-2030
Japan digital signature market, 2017-2030 (US$M)
Related Markets
Japan digital signature market highlights
- The Japan digital signature market generated a revenue of USD 132.9 million in 2023 and is expected to reach USD 1,520.9 million by 2030.
- The Japan market is expected to grow at a CAGR of 41.7% 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 132.9 million |
| Market revenue in 2030 | USD 1,520.9 million |
| Growth rate | 41.7% (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, Japan accounted for 2.9% 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 Asia Pacific, China digital signature market is projected to lead the regional market in terms of revenue in 2030.
- India is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,160.0 million by 2030.
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Digital Signature Market Scope
Digital Signature Market Companies
| Name | Profile | # Employees | HQ | Website |
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Japan 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 64.03% in 2023. Horizon Databook has segmented the Japan digital signature market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The use of Hanko, a personal identification stamp, is common in Japan, especially for government documents, despite the technological advancements underway in the country. Nevertheless, digital signatures are expected to replace paperwork gradually, as Japan continues to adopt paperless workflows.
Japan places a strong emphasis on security and data protection. Toward this end, digital signatures can provide a robust security mechanism for authenticating the identity of parties involved in electronic transactions and ensuring the integrity and non-repudiation of electronic documents.
The use of digital signature tools is poised to gain significant traction owing to their ability to annul concerns over fraud, identity theft, and data breaches
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Our clientele includes a mix of digital signature market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Japan digital signature market , including forecasts for subscribers. This country databook contains high-level insights into Japan digital signature market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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Japan digital signature market size, by component, 2017-2030 (US$M)
Japan Digital Signature Market Outlook Share, 2023 & 2030 (US$M)
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