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2019-06-18
280
Global
E-signatures refer to signatures in the electronic form, used in order to eliminate the use of paper and to digitize, secure and fasten up the documentation process. E-signatures is widely used in the banking and financial services industry (BFSI) followed by the healthcare industry, real estate industry and others. With shifting business processes to the web world, there comes the demand for securing the documentation and authenticating the e-signatures. E-signature software companies provide the authenticity and legality of the e-signature to multiple organizations, as it is not easy to identify the difference between the two. E-signatures are different from digital signatures in terms of authenticity and security. Digital signatures include encrypted keys at both ends, providing greater security and authenticity which in case of e-signature is typically less. Thus, there is less use of e-signatures than the digital signature and challenging the growth of the market. Goldstein Research analyst forecast that the global e-signature software market is set to reach nearly USD 2.5 billion by 2024, growing at a CAGR of 20.9% over the forecast period (2017-2025).
By Component
By Use Case
By End-User
By Geography
E-signature software segment accounted for the largest market share of 55.6% in 2017 and over the forecast period, it is expected to grow at a CAGR of 21.0%. Whereas, e-signature services segment is expected to grow at a CAGR of 21.3% over the forecast period.
Based on geography, North-America region accounted for the largest market share of 39.4% in 2017 due to the presence of major vendors in the region who are continuously advancing the e-signature software. Asia-Pacific region is expected to be the opportunistic e-signature software market on account of growing number of small and medium-sized enterprises, demanding for security systems and thus over the forecast period it tends to grow at a CAGR of 25.9%.
The report covers the present ground scenario and the future growth prospects of the e-signature software market for 2017-2025 along with the market players’ analysis. We calculated the market size and revenue share on the basis of revenue generated from major players in the Global region.
Global E-Signature software Market Outlook 2017-2025, has been prepared based on an in-depth market analysis from software market experts. The report covers the competitive landscape and current position of major players in the Global e-signature software market space. The report also includes Porter's five force model, SWOT analysis, company profiling, business strategies of market players and their business models. “Global E-Signature software Market Report” also recognizes value chain analysis to understand the cost differentiation, pricing models to provide a competitive advantage to the existing and new entry players.
Our global e-signature software market report comprises of the following companies as the key players.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the software industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
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