Press release
Electronic Signature Software Market size to surpass around US$ 9.9 billion by 2031 | Adobe Inc. (US), Ascertia (UK), Docusign, Inc. (US)
Electronic Signature Software Market
Read more about Electronic Signature Software Market here: https://www.globalinsightservices.com/reports/electronic-signature-software-market/
The global electronic signature software market was valued at US$ 1.6 billion in 2021 and it is anticipated to grow up to US$ 9.9 billion by 2031, at a CAGR of 19.7% during the forecast period.
An electronic signature is a replacement for a handwritten signature. Electronic signature software allows users to gather signatures on documents shared electronically, eliminating the need for physical documents to record signatures.
Market Drivers and Trends:
Nowadays, governments, corporate offices, and enterprises are moving towards paperless workflows. Paperless business processes are always beneficial for the environment. Several offices started using electronic documentation, saving a massive amount of paper. Moving to paperless document processes has reduced operational costs, improved operational efficiency, and fastened decision-making processes.
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Global Electronic Signature Software Market Segmentation:
By Component
Solutions
Services
By Deployment Type
On-Premise
Cloud-Based
By Industry Vertical
Manufacturing
BFSI
Key Players:
Adobe Inc. (US)
Ascertia (UK)
Docusign, Inc. (US)
Foxit eSign (US)
HID Global Corporation (US)
Legalesign Limited (UK)
OneSpan (US)
RPost (US)
Thales Group (France)
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