Middle East & Africa Digital Signature Market Size & Outlook
Middle East & Africa digital signature market, 2017-2030 (US$M)
Related Markets
MEA digital signature market highlights
- The MEA digital signature market generated a revenue of USD 287.6 million in 2023.
- The market is expected to grow at a CAGR of 36.1% 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.
- Country-wise, UAE is expected to register the highest CAGR from 2024 to 2030.
MEA data book summary
| Market revenue in 2023 | USD 287.6 million |
| Market revenue in 2030 | USD 2,491.6 million |
| Growth rate | 36.1% (CAGR from 2023 to 2030) |
| Largest segment | Solution |
| Fastest growing segment | Services |
| Historical data covered | 2017 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 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, MEA region accounted for 6.3% of the global digital signature market in 2023.
- Globally, North America is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 7,926.4 million by 2030.
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Digital Signature Market Scope
Digital Signature Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Middle East & Africa 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 63.94% in 2023. Horizon Databook has segmented the Middle East & Africa digital signature market based on solution, services covering the revenue growth of each sub-segment from 2017 to 2030.
The Middle East & Africa region has witnessed a rapid increase in smartphone penetration and usage in recent years. Mobile devices have become a primary tool for accessing online services and conducting a range of transactions. This has increased the demand for mobile-friendly digital signature solutions that enable users to sign documents conveniently using their smartphones or tablets.
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Target buyers of Middle East & Africa digital signature market databook
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Our clientele includes a mix of digital signature market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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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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The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa digital signature market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa digital signature market from 2017 to 2030, including revenue numbers, major trends, and company profiles.
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MEA digital signature market size, by country, 2017-2030 (US$M)
Middle East & Africa Digital Signature Market Outlook Share, 2023 & 2030 (US$M)
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