|11-26-2018 07:31 PM CET - IT, New Media & Software||
E-Signature Market Size, Share and Key Players - Rpost, SIGNiX Digital Signatures, Citrix Systems, SSL Europa, AssureSign ans Sertifi, Inc
Press release from: P&S Intelligence
The global e-signature market is projected to reach $9,073.1 million by 2023, growing at a CAGR of 34.7% during 2018 - 2023. The global e-signature market is likely to register a double-digit growth rate during the forecast period. Electronic signature refers to signatures in electronic form, which helps in speeding documentation processes and making them secure. Growing security concern, rising government support coupled with rising adoption of advance technology in the developing countries, such as India, China, and Brazil, is likely to spearhead the growth of the global e-signature market.
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On the basis of use case, unmediated accounted the largest revenue in global e-signature market, on account of growing e-commerce market, rising online transactions and growing security concern. In addition, in an unmediated process, external assistance for form filling procedures is not required, as they are self-service online transactions for e-commerce transactions, commoditized insurance purchases.
Geographically, North America has been the largest market for e-signature and Asia-Pacific had been the fastest growing market. The U.S. stands as the largest market globally, whereas the market in India has been growing at highest pace. In addition, with growing government initiatives in India, such as Digital India and growing security concern among consumers, is expected to drive the demand of e-signature during the forecast period.
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some of the key players operating in the global e-signature market are RPost, SIGNiX Inc., Citrix Systems Inc., SSL Europa France SAS, AssureSign LLC, Sertifi Inc. and Gemalto NV.
E-SIGNATURE MARKET SEGMENTATION
• Public Key Infrastructure (PKI)
• Username and Pin
• Signature Pad at POS
• Voices Signature
• Others (Including Hand Written Mouse Signature, Shared Secrets and Stored Signature Image)
• Third Party
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