Digital Signature Market Size is Predicted to Witness 39.2% CAGR till 2030

 The global Digital Signature Market size is anticipated to reach USD 38.16 billion by 2030, expanding at a CAGR of 39.2% from 2024 to 2030, according to a new report by Grand View Research, Inc. The increasing internet and smartphone penetration across the globe is expected to fuel the market growth from 2024 to 2030. For instance, according to DataReportal, an online reference library, a total of 5.18 billion people worldwide were using the internet at the beginning of Q2 2023.

The increasing partnerships between businesses and digital signature companies to implement digital signatures bode well for the growth of the market. For instance, in March 2023, BlackBerry Limited, a software company, entered a partnership with Adobe, a computer software Company. This partnership aimed to deliver secure forms with electronic signatures over mobile devices. The software solution, integrating BlackBerry UEM and Adobe Experience Manager Forms, is tailored for prevalent mobile device platforms and complies with the stringent security standards mandated by regulated industries.

Digital signature offers various advantages such as time-saving and cost savings to the business and individual users, enabling them to sign documents electronically from remote locations. Furthermore, the implementation and modernization of laws by various governments across different jurisdictions for regulating the market are expected to boost trust among the users and eventually fuel the market’s growth. Additionally, digital transformation across industries will help the market grow from 2024 to 2030.

The COVID-19 pandemic had an immediate positive impact on the market. The rising adoption of digital signature solutions during the COVID-19 pandemic attracted venture capital firms to invest in various digital signature software providers. For instance, in June 2021, Yousign, an eSignature solution for SMBs, announced that it raised USD 36.6 million through a Series A funding round led by Lead Edge Capital Management, LLC. With the funds raised company aimed at reaching around 50,000 European SMBs by 2024.

List of Key Players in the Digital Signature Market

• Docusign, Inc.
• SIGNiX, Inc.
• Adobe Inc.
• OneSpan Inc.
• GlobalSign
• IdenTrust, Inc.
• PrimeKey AB
• Visma
• Ascertia
• Topaz Systems, Inc.
• Entrust Corporation

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Digital Signature Market Report Highlights

• Based on components, the solutions segment dominated the market in 2023. Rising adoption of digital signature solutions owing to their benefits such as improved security, improved customer experience, cost reduction, and improved productivity is attributed to the segment’s growth
• Based on level, the Qualified Electronic Signatures (QES) segment is expected to grow at the highest CAGR from 2024 to 2030. QES provides a higher level of legal validity and compliance. It offers enhanced legal certainty and is frequently mandated for transactions involving sensitive or high-value documents, such as contracts, legal agreements, and government-related documents
• Based on deployment, the cloud segment is expected to grow at the highest CAGR from 2024 to 2030. The growing adoption of cloud-based digital signatures by end-users as it offers benefits such as scalability and flexibility is attributed to the segment’s growth
• Based on end-user, the businesses segment dominated the market in 2023. The rising adoption of digital signatures by businesses as it enables them to meet compliance requirements by offering a legally recognized method of signing and validating electronic documents is the major driving factor behind the segment’s growth
• Based on industry vertical, the BFSI segment led the market in 2023.BFSI firms increasingly use digital signatures to enhance security and efficiency in business operations such as transaction processing and identity verification
• The Asia Pacific region is expected to grow at the highest CAGR from 2024 to 2030. The increasing digital transformation in countries such as China, India, Singapore, and South Korea is attributed to the market growth in the region. These countries play a major role in the adoption of digital signatures across the Asia Pacific region
• In February 2023, GlobalSign launched a cloud-based signing service, named Qualified Signing Service (QSS). This service is used for qualified electronic signatures and seals. Furthermore, this service complies with eIDAS, an EU regulation for electronic identification and trust services

Digital Signature Market Segmentation

Grand View Research has segmented the global digital signature market based on component, level, deployment, end-user, industry vertical, and region:

Digital Signature Component Outlook (Revenue, USD Million, 2017 - 2030)

• Solutions
• Services

Digital Signature Level Outlook (Revenue, USD Million, 2017 - 2030)

• Advanced Electronic Signatures (AES)
• Qualified Electronic Signatures (QES)

Digital Signature Deployment Outlook (Revenue, USD Million, 2017 - 2030)

• Cloud
• On-premise

Digital Signature End-user Outlook (Revenue, USD Million, 2017 - 2030)

• Individuals
• Businesses
• Organizations

Digital Signature Industry Vertical Outlook (Revenue, USD Million, 2017 - 2030)

• BFSI
• Health Care & Life Science
• IT & Telecom
• Government
• Retail
• Others

Digital Signature Regional Outlook (Revenue, USD Million, 2017 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• Spain
• France
• Italy
• Asia Pacific
• China
• India
• Japan
• Australia
• South Korea
• Latin America
• Brazil
• Middle East & Africa
• UAE
• The Kingdom of Saudi Arabia (KSA)
• South Africa

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

Smart Electricity Meters Market To Reach $21.81 Billion By 2030

 The global Smart Electricity Meters Market size is expected to reach USD 21.81 billion by 2030, according to a new report by Grand View Research, Inc. The market is anticipated to expand at a CAGR of 7.6% from 2023 to 2030. The substantial growth prospects of the smart electricity meter market can be attributed to the significant promotion of green energy, efficient transmission facilities, and integrated presence across the value chain, especially for sharing real-time information about usage and tariff rates. These factors are perceived to offer the market a competitive advantage. Regional markets, such as Europe and the Asia Pacific, are expected to emerge as significant attractive markets.

Technological innovations are occurring at a fast pace in the APAC region. This generates the need for refreshing the existing technology to drive efficiency. Companies are spending more to update their existing infrastructure with advanced technologies such as the Internet of Things. Companies use IoT-based smart meters to optimize the meter reading process and offer accurate billing based on consumption. For instance, in August 2022, Adani Electricity invested INR 500 crore for the smart meter installation in Mumbai. The power discom, a unit of Adani Transmission, plans to install 7 lakh smart meters as part of the first phase target. The remaining 20 lakh consumers are expected to receive smart meters by the end of the financial year 2025. Installing the remaining smart meters will occur in multiple phases over the coming years.

The smart electricity meter is projected to lower the peak electricity demand as they enable end-users to monitor power consumption easily and take necessary measures to reduce overconsumption. This is further expected to lessen the stress on power generation plants, thereby allowing efficient resource usage and optimization. Government directives mandating smart electricity meters and smart grids to increase energy efficiency are expected to emerge as key market drivers. For instance, in August 2021, the India power Ministry engaged all central ministries and departments to shift towards prepaid smart electricity meters. The power ministry has regulated an advisory to all central ministries of the government to guide organizations under their administrative control to safeguard and shift towards prepaid smart meters on a priority basis.

Further, smart electricity meter is anticipated to offer energy suppliers several advantages, such as reducing reaction time to resolve power outages and hardware faults and enhanced customer service delivery by providing convenient remote meter readings. Additionally, attentiveness to environmental protection and associated proceedings & policies are estimated to control the surging levels of radiation emissions.

List of Key Players in the Smart Electricity Meters Market

• ABB Ltd.
• General Electric (GE) Company
• Holley Technology Ltd.
• Elster Group SE
• Iskraemeco D.D.
• Itron, Inc.
• Landis+Gyr
• Schneider El0ectric SE
• Siemens AG

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Smart Electricity Meters Market Report Highlights

• The residential segment led the market in 2022, accounting for over 88% share of the global revenue owing to continual expansion in residential establishments. Additionally, Increased awareness among consumers about the benefits of smart meters has contributed to their growth
• The single-phase segment held the largest revenue share of over 90% in 2022. ingle-phase smart meters are less expensive than their three-phase counterparts, making them more affordable for households. They can help households save money on their energy bills by providing real-time information about energy usage
• A smart grid act as an automated monitoring and controlling system, emerging as an improved electrical network over the conventional one. Real-time pricing and consumption data display are the core functionalities provided by smart electricity meter
• The rapidly increasing investments in smart city projects and the development of smart grid technologies in emerging countries across the globe are expected to create growth prospects for smart electricity meters in the commercial sector
• The growing awareness among customers regarding the benefits of smart meters is foreseen to increase the adoption in non-regulatory regions as well
• Companies in the market are concentrating on growing their client bases to acquire a competitive edge in the market and are taking various strategic initiatives, such as partnerships, acquisitions and mergers, and collaborations with other important players

Smart Electricity Meters Market Segmentation

Grand View Research has segmented the global smart electricity meters market based on phase, end-use, and region:

Smart Electricity Meters Phase Outlook (Revenue, USD Million, 2018 - 2030)

• Single-Phase
• Three-Phase

Smart Electricity Meters End-use Outlook (Revenue, USD Million, 2018 - 2030)

• Residential
• Commercial
• Industrial

Smart Electricity MetersRegional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• U.K.
• Germany
• France
• Italy
• Spain
• Netherlands
• Asia Pacific
• South Korea
• China
• Japan
• South America
• Brazil
• Middle East and Africa (MEA)

About Us:
Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

IT Asset Disposition Market By Abbott; Danone S.A; Fresenius Kabi AG; Nestlé; VICTUS; Primus Pharmaceuticals, Inc.; Meiji Holdings. Co., Ltd.

The global IT Asset Disposition Market size is projected to be USD 54,535.4 million by 2030, according to the latest study conducted by Grand View Research, Inc. The market is expected to exhibit a CAGR of 13.3% from 2023 to 2030. The growth of the ITAD market can be attributed to the increasing e-waste and the rising requirement for recycling in consideration of sustainability and a green planet.

For instance, according to the Indian Ministry of Electronics and Information Technology, India generated 3.2 million tonnes of electronic waste in 2019, and only 10% of e-waste was taken up for recycling. Such an alarming figure has resulted in the demand for ITAD solutions, thereby driving the market’s growth.

Various companies have been coming up with ITAD solutions with enhanced capabilities, which can serve multiple industries. Moreover, companies operating in the ITAD market have also been involved in various strategic initiatives and R&D, among others, to improve their share in the ITAD market. For instance, in January 2023, ERI announced that it had become 100% carbon neutral for all its operational emissions across the U.S.

The company achieved this by implementing carbon-reducing measures such as energy-efficient lighting, using zero-emission vehicles, fleet management, and using electric forklifts, among others. 100% Carbon neutrality would help the company better position in the ITAD market, which would thereby help in driving the growth of the ITAD market over the forecast period.

Cloud transition is another significant aspect that has been pivotal in driving the growth of the IT asset disposition industry over the forecast period. Cloud migration's benefits include increased flexibility and agility, reduced costs, enhanced cybersecurity, simplified management, and disaster recovery. All these attributes have made it a go-to area for businesses operating in various industries.

Moreover, the presence of ITAD solution providers in the market who are equipped to assist in cloud migration services and ITAD has been a significant boost to the growth of the IT asset disposition industry. For instance, Apto Solutions Inc. offers cloud migration services, in which the company handles the existing hardware for carrying out the following operations.

• Data destruction
• Asset inventory
• Logistics to one of the company’s certified facilities

Post carrying out these operations, the company either sells or recycles the hardware component. The presence of companies that offers a total solution, as in the case of Apto Solutions Inc., has been a significant boon to the growth of the IT asset disposition industry.

List of Key Players in the IT Asset Disposition Market

• Apto Solutions Inc.
• CompuCom Systems, Inc.
• Dell Inc.
• Hewlett Packard Enterprise Development LP
• IBM Corporation
• Ingram Micro Services
• Iron Mountain
• ITRenew
• LifeSpan International Inc.
• Sims Lifecycle Services, Inc.

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IT Asset Disposition Market Report Highlights

• The computers/laptops segment is expected to occupy the largest revenue share by asset type in 2030. The growth can be attributed to digitalization, especially in low-income countries, and rising internet users, among others
• The smartphone segment is expected to witness the highest CAGR by asset type during the forecast period. The growth can be attributed to increased smartphone sales, increasing internet penetration, and smartphones coming up with enhanced smartphones quite often, among others
• The IT & telecom industry is expected to occupy the largest share of the market in terms of end-use by 2030, owing to an increase in internet users, adoption of 5G technology, and increased demand for connectivity worldwide, among others
• Asia Pacific is projected to witness the highest CAGR from 2023 to 2030. The region is home to some tech giants such as Samsung, Sony Corporation, and LG electronics, among others. Moreover, the increasing digitalization in countries such as Indonesia, Vietnam, and Bangladesh is another factor contributing to the growth of the Asia Pacific region
• Global players include Apto Solutions Inc.; Dell Inc.; IBM Corporation; and Iron Mountain. These major players are embracing organic and inorganic growth strategies, which include product innovation, investments in R&D, and M&A activities to acquire a larger industry share

IT Asset Disposition Market Segmentation

Grand View Research has segmented the global IT asset disposition market based on asset type, end-use, and region:

IT Asset Disposition Asset Type Outlook (Revenue; USD Billion, 2018 - 2030)

• Computers/Laptops
• Smartphones and Tablets
• Peripherals
• Storages
• Servers
• Others

IT Asset Disposition End-use Outlook (Revenue; USD Billion, 2018 - 2030)

• BFSI
• IT & Telecom
• Government
• Energy and Utilities
• Healthcare
• Media and Entertainment
• Others

IT Asset Disposition Regional Outlook (Revenue; USD Billion, 2018 - 2030)

• North America
• U.S.
• Canada
• Europe
• Germany
• U.K.
• France
• Italy
• Spain
• Asia Pacific
• China
• India
• Japan
• Singapore
• South Korea
• Rest of Asia Pacific
• Latin America
• Brazil
• Mexico
• Argentina
• Middle East & Africa
• UAE
• Saudi Arabia
• South Africa

Data Integration Market By Informatica Inc.; International Business Machines Corp.; Microsoft; SAP; Oracle; Talend

 The global Data Integration Market size is expected to reach USD 30.27 billion by 2030, according to a new report by Grand View Research, Inc. The industry is anticipated to grow at a lucrative CAGR of 12.3% from 2023 to 2030. Data integration solutions and tools are a collection of organizational and technical, and procedures created to combine data from many sources into understandable and valuable data sets. Data integration solutions are provided through tools like ETL (extract, transform, and load), data replication, and data virtualization. These tools enable the extraction of vast volumes of data from source systems and the loading of those data into a cloud source or an enterprise data warehouse. The end location must be adaptable enough to handle various data types at high volumes.

For instance, in February 2022, NAVEX Global, Inc., a compliance management software provider, launched the NAVEX Integration Cloud platform. The new data integration platform would automate risk management workflows and integrate a wide variety of business data in a single comprehensive view in the cloud. With a thorough understanding of automated risk management and streamlined procedures, NAVEX Integration Cloud fulfills the company's goal to offer the world's smartest integrated platform. As a result, enterprises are better able to foresee and mitigate risk. As we produce more data, data integration has become more crucial. Data integration aims to ensure that data is stored and preserved as planned. Moreover, the data set obtained from a data search is desired and anticipated.

Data integrity can be aided by maintaining a centralized view of all the data in a single location, such as a data warehouse. In fact, over time, data integration aids in enhancing the accuracy and reliability of data. The quality and integrity of the data can be improved when it is transferred to the central location by data transformation operations, which can also detect data quality problems. Further, data integration enables manufacturers to fully utilize the value of the data generated from their facilities by smoothly integrating information technology with operational technology. For instance, in May 2022, Google Cloud launched manufacturing connect and manufacturing data engine integration platforms for manufacturers. The integration platforms would enable manufacturers to process and standardize data in a single locationand provide their staff with simplified analytics and artificial intelligence (AI) solutions based on cloud infrastructure.

Without significant changes to current applications or data structures, well-implemented data integration can lower IT costs, free up resources, enhance data quality, and promote creativity. Although IT firms have always needed to integrate, the benefits may not have previously been as high as they are now due to data integration. Companies with advanced data integration skills have a substantial competitive advantage, including more significant value and insight development with a holistic viewpoint of facts that is easier to examine; operational efficiency was increased by eliminating the need to manually alter and integrate data sources. Integrating data can assist a company in using information that would otherwise require development. By doing this, companies can boost productivity by enhancing departmental communication, delivering better customer service, streamlining processes, and improving decision-making.

List of Key Players in the Data Integration Market

• Informatica Inc.
• International Business Machines Corporation
• Microsoft
• SAP
• Oracle
• Talend
• SAS Institute Inc.
• TIBCO Software Inc.
• Denodo Technologies
• QlikTech International AB

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Data Integration Market Report Highlights

• The North America market dominated the global market in 2022. However, Asia Pacific is projected to register the highest CAGR from 2023 to 2030
• Some regions in North America have the most competitive and constantly changing and rising technology improvements in the market. The rising number of data integration businesses globally is projected to support market expansion
• The large enterprise segment dominated the market in 2022 and accounted for a revenue share of over 67%
• Large enterprises are scaling their infrastructure to meet remote workers' needs and unique demands. Enterprises also maintain infrastructural support for their services and goods
• The cloud segment is anticipated to register the highest CAGR over the forecast period. Organizations can store essential resources in the cloud and access various customizable data integration options
• The marketing segment led the market in 2022 accounting for over a share of 32% of the global revenue. Data integration is essential for marketers to understand their customers better and target their marketing campaigns more effectively

Data Integration Market Segmentation

Grand View Research has segmented the global data integration market based on component, deployment, organization size, business application, end-user, and region:

Data Integration Component Outlook (Revenue, USD Billion, 2017 - 2030)

• Tools
• Services

Data Integration Deployment Outlook (Revenue, USD Billion, 2017 - 2030)

• Cloud
• On-premise

Data Integration Organization Size Outlook (Revenue, USD Billion, 2017 - 2030)

• Large Enterprises
• Small & Medium Enterprises

Data Integration Business Application Outlook (Revenue, USD Billion, 2017 - 2030)

• Marketing
• Sales
• Operations & Supply Chain
• Finance
• HR

Data Integration End-user Outlook (Revenue, USD Billion, 2017 - 2030)

• IT & Telecom
• BFSI
• Healthcare
• Manufacturing
• Retail & E-commerce
• Government & Defense
• Others

Data Integration Regional Outlook (Revenue, USD Billion, 2017 - 2030)

• North America
• U.S.
• Canada
• Mexico
• Europe
• UK
• Germany
• France
• Asia Pacific
• China
• Japan
• India
• South America
• Brazil
• Middle East and Africa (MEA)

About Us:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com

In-flight Entertainment And Connectivity Market Worth $11.79 Billion By 2030

The global In-Flight Entertainment And Connectivity Market size is estimated to reach USD 11.79 billion by 2030, registering a CAGR of 8.4% from 2023 to 2030, as per a new report by Grand View Research, Inc. The changing demand for absolute connectivity onboard is one of the key factors driving the industry growth. The increasing number of long-distance flights worldwide is expected to offer substantial growth potential for the industry over the coming years. There has been a significant rise in the consumer demand for connectivity assistance within the aircraft cabin. The comprehensive in-flight entertainment & connectivity (IFEC) capacities are increasing, associated with the enhancements in wireless connectivity delivered to passengers.

This growth is anticipated to provide airlines with ample opportunities to increase their ancillary revenue. Passengers are using more in-flight gadgets than ever before; 65% of passengers are streaming their own devices compared to 44% opting to use seatback unit LCDs for in-flight entertainment purposes. As per the Inmarsat survey, 55% of customers think in-flight Wi-Fi is a crucial thing, and 67% of customers will rebook airlines provided with high-quality in-flight Wi-Fi. An increase in quality Wi-Fi services by airlines is boosting the growth of the industry. The major airline companies are substituting screens and heavy cablings with onboard Wi-Fi systems for passengers to acquire their own devices.

This will decrease the overall weight of the aircraft. In addition, airlines frequently tend to alter their in-flight connectivity service provider to reasonably comprehend the technologies, in terms of performance and general experience to the passengers, eventually providing the most reasonable value to the airlines. This trend is expected to grow in the number of alliances and associations in the marketplace as airline companies and satellite connectivity providers work hand-in-hand to ensure flawless in-flight connectivity and entertainment services.

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In-flight Entertainment And Connectivity Market Report Highlights

• In an endeavor to maintain a competitive advantage, key airlines worldwide have adopted replacing traditional seatback IFE systems with wireless in-flight entertainment systems
• Major service providers are collaborating with airline companies to deliver more comprehensive coverage and capacity
• Increasing acceptance for IFEC systems by low-cost carriers to improve the customer’s experience in short-run flights
• Utilizing wireless instead of wired networks has significant compensations for the airlines, such as the decrease in overall weight with the abolishment of cabling, thereby allowing easier installation and lowering fuel & maintenance costs

In-flight Entertainment And Connectivity Market Segmentation

Grand View Research has segmented the global in-flight entertainment and connectivity market based on component, aircraft type, offering type, and region:

In-flight Entertainment & Connectivity Component Outlook (Revenue, USD Million, 2018 - 2030)

• Hardware
• Non-portable
• Portable
• Connectivity
• Wired
• Wireless
• Content
• Stored
• Streamed

In-flight Entertainment & Connectivity Aircraft Type Outlook (Revenue, USD Million, 2018 - 2030)

• Narrow-Body Aircraft (NBA)
• Wide-Body Aircraft (WBA)
• Very Large Aircraft (VLA)

In-flight Entertainment & Connectivity Offering Type Outlook (Revenue, USD Million, 2018 - 2030)

• In-flight Entertainment (IFE)
• In-flight Connectivity (IFC)

In-flight Entertainment & Connectivity Regional Outlook (Revenue, USD Million, 2018 - 2030)

• North America
• U.S.
• Canada
• Europe
• U.K.
• Germany
• Asia Pacific
• China
• Japan
• Latin America
• Middle East & Africa

About Us:

Grand View Research, Inc. is a U.S. based market research and consulting company, registered in the State of California and headquartered in San Francisco. The company provides syndicated research reports, customized research reports, and consulting services. To help clients make informed business decisions, the company offers market intelligence studies ensuring relevant and fact-based research across a range of industries including technology, chemicals, materials, healthcare and energy.

Contact:
Sherry James
Corporate Sales Specialist, USA
Grand View Research, Inc
Phone: 1-415- 349-0058
Toll Free: 1-888- 202-9519
Email: sales@grandviewresearch.com
For More Information: https://www.grandviewresearch.com