Electronic Signature Software Market Scenario to 2027 with Top Industry Players - Adobe, Docusign, Esign Geni, HID Global, Legalesign, OneSpan, RPost, Thales S.A., U-SIGN-IT

The global electronic signature software market accounted to US$ 853.75 Mn in 2018 and is expected to grow at a CAGR of 23.7% during the forecast period 2019 – 2027, to account to US$ 5,639.48 Mn by 2027.

Electronic Signature Software market is led by the North American region in 2018. North America led the landing global electronic signature software market with more than 39% share, followed by Europe and APAC region. The presence of well developed countries such as the US and Canada and high focus on improved cybersecurity with regard to electronic signatures are two of the major factors responsible for the growth of electronic signature software market in this region. The North American Securities Administrators Association needs that an electronic signature must meet both Electronic Signatures in Global and National Commerce Act (ESIGN) as well as the Uniform Electronic Transactions Act (UETA) requirements.

The statement of policy necessities focuses on electronic presentation and subscription documents to investors. Thus, due to the policies for electronic signatures and the growing demand for electronic signatures in the government sector leads to propel the growth of the electronic signature software market. Consequently, presenting tremendous opportunities for the rise in the business of electronic signature software market players.

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Top Key Players profiles in this Report includes, Adobe Inc., Docusign, Inc., Esign Geni, HID Global, Legalesign Limited, OneSpan, RPost, Thales S.A., U-SIGN-IT, Zoho Corporation

Rising adoption of digital technologies by enterprises worldwide is expected to boost the electronic signature software market:
The electronic signatures software worldwide is witnessing increased adoption across almost every public as well as private enterprises. Consumer purchases, government bureaucracies, and business to business transactions, among others, have propelled the implementation and usage of electronic signatures, encouraged on by favorable legislation as well as recognition in various key legal circles. Electronic signature solutions deliver a vital benefit of incorporating the current and existing business tools, including Microsoft, Google Docs, and Dropbox, among others.

Variations in laws and policies concerning electronic signatures may restrain the future growth of the electronic signature software market:
Though laws and policies concerning the electronic signatures exist, their discrepancy across nations is, to a certain extent limiting the growth of the electronic signature market. For example, the Peru government’s laws state that with the purpose to be valid, an electronic signature must have a digital certificate. Moreover, digital certificates offered by other economies must fulfill the standards set by the Peru government for their validation. Furthermore, in the UAE, official approval from the government is obligatory for electronic transactions may hinder the growth of the electronic signature software market.

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Offerings Segment Insights
The electronic signature software market on the basis of offerings is segmented into solution and services. The solution segment led the electronic signature software market, by offerings and is anticipated to continue its dominance during the forecast period. Growing focus towards providing enhanced end-to-end customer experience, growing digitization, and increasing demand for technologically advanced solutions are the major factor driving the revenue generation of the solution segment in the electronic signature solution market.

GLOBAL ELECTRONIC SIGNATURE SOFTWARE MARKET SEGMENTATION

Global Electronic Signature Software Market – By Deployment
• On-Premise
• Cloud

Global Electronic Signature Software Market – By Method
• General Electronic Signature
• Qualified Electronic Signature
• Enhanced Electronic Signature

Global Electronic Signature Software Market – By Offerings
• Solution
• Service

Global Electronic Signature Software Market – By End-user Industry
• Manufacturing
• BFSI
• Pharmaceuticals
• Government Agencies
• Legal
• Others

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Contact Us:
Company: The Insight Partners
Contact: Sameer Joshi
Phone: +1-646-491-9876
Email: sam@theinsightpartners.com

About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are a specialist in Technology, Healthcare, Manufacturing, Automotive and Defense.

This release was published on openPR.