E-Signature Market

1. 2022 E-Signature Market Opportunities, Companies and Trends in Coming Years

2. Factors such as the surging need for digital transaction management; increasing government support; rising security concerns, workflow efficiency, and supply chain enhancement in the corporate sector; and mounting adoption of advanced technologies in developing countries are expected to drive the growth of the e-signature market at a CAGR of 26.6% during the foreseeable period. According to P&S Intelligence, the market size is projected to reach $12,721.4 million by 2030 from $1,198.6 million in 2020. Moreover, the market is witnessing a trend of surging implementation of signature pads for preventing forensic information. The surging digital advancements across the corporate sector is one of the main factors boosting the e-signature industry growth. With the digital advancements, the demand for online document authentication is rising, which, in turn, encourages organizations to deploy e-signature solutions. Moreover, e-signatures minimize the chances of human error during crucial financial transactions, automate the transaction processes, and improve cash management. Thus, several organizations in the corporate sector have started deploying e-signature solutions for identity and access management and electronic invoice presentment and payment. Request to Get the Sample Report: https://www.psmarketresearch.com/market-analysis/e-signature-market/report-sample

3. Based on type, the e-signature industryis classified into public key infrastructure (PKI), signature pad at point of sale (POS), username and PIN, voice signature, clickwrap, and others. Out of these, the PKI category accounted for the largest market share in 2020. This is due to the fact that PKI solutions provide assurance to signers and document authenticity in a cost-effective and secure manner. The solutions include standards, hardware, policies, and software, which are ensuring the authentication of an e-signature. Thus, the focus of companies on employing these solutions for the management of cybersecurity is increasing. Moreover, on the basis of component, the e-signature market is classified into software, hardware, and service. Among these, the service category is projected to record the fastest growth during the forecast period. This is attributed to the lack of technical skills and awareness to manage large-scale operations, which is leading to the rising demand for cloud, maintenance, implementation, and consultancy services. Whereas, the software category accounted for the largest share in 2020, owing to the rising use of cloud-based and advanced e-signatures with encryption via PKI.

4. Globally, the North American e-signature market accounted for the largest share in 2020. This is mainly due to the surging adoption of e-signatures to minimize online fraud and their rising application in the BFSI sector. Moreover, mounting investments in advanced technologies are supporting the need for e-signatures in various sectors for quality control in the region. Whereas, the Asia-Pacific (APAC) market is projected to record the highest growth rate in the coming years. This can be ascribed to the surging deployment of digital services, increasing user acceptance of online billing and paperless transactions, and rising online commerce activities in APAC. • Thus, the surging need for digital transaction management and the rising security concerns across the world are projected to propel the market growth in the coming years. • More Related Report by P&S Intelligence: • Digital Sign Market Outlook Growth Opportunities, Market Share & Trends by 2030 • Digital Transaction Management Market Trends, Growth Demand, Opportunities & Forecast To 2030

5. Market Segmentation by Component • Software • Hardware • Service • Managed • Professional • Market Segmentation by Deployment Type • Cloud • On-Premises

6. Market Segmentation by Type • Public Key Infrastructure (PKI) • Username and Personal Identification Number (PIN) • Signature Pad at Point of Sale (POS) • Clickwrap • Voice Signature • Others (Include Handwritten Mouse Signature, Shared Secret, and Stored Signature Image) • Market Segmentation by Use Case • Unmediated • Mediated • Third Party • Internal

7. Market Segmentation by Vertical • Banking, Financial Services, and Insurance (BFSI) • Government • Information Technology (IT) & Telecom • Healthcare • Legal • Others (Include Architecture, Engineering, Construction, and Retail) • Market Segmentation by Region • North America E-Signature Market • By component • By deployment type • By type • By use case • By vertical • By country – U.S. and Canada

8. Europe E-Signature Market • By component • By deployment type • By type • By use case • By vertical • By country – Germany, France, U.K., Italy, and Rest of Europe • Asia-Pacific (APAC) E-Signature Market • By component • By deployment type • By type • By use case • By vertical • By country – Japan, China, India, Australia, and Rest of APAC • Latin America (LATAM) E-Signature Market • By component • By deployment type • By type • By use case • By vertical • By country – Brazil, Mexico, and Rest of LATAM

9. Middle East and Africa (MEA) E-Signature Market • By component • By deployment type • By type • By use case • By vertical • By country – U.A.E., Saudi Arabia, and Rest of MEA • This study covers • 1. Historical and the present size of the E-Signature Market • 2. Historical and the present size of the market segments and understand their comparative future potential • 3. Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings • 4. Competitive scenario of various market segments across key countries in several regions for uncovering market opportunities for the stakeholders • 5. Major players operating in the market and their service offerings

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