Global Electronic Signature Software Market 2022- Research Report

Global Electronic Signature Software Market 2022- Research Report

Cloud-based segment dominated the global digital signature industry in 2016, with around 66% share. However, the on-premises deployment is preferred among various international & national banking, financial institutions, and government organizations, which require complete control over data. However, the cloud based segment is anticipated to grow at the highest growth rate during the forecast period, owing to its ease of availability and low cost of deployment.

Download sample pages of this reporthttps://tinyurl.com/y9bbpqkp

The banking, financial services, & insurance (BFSI) and government segments jointly accounted for around 39% share of the total market revenue, while the BFSI segment is anticipated to grow at the highest CAGR of 31.5% during the forecast period.

The government digital signature market is expected to grow at the second highest CAGR of 30.9% during the forecast period, owing to the introduction of various supportive legislations for adopting digital signature, reduction in extensive paper-ink usage, and surge in digitization, worldwide.

This report studies the global Electronic Signature Software market, analyzes and researches the Electronic Signature Software development status and forecast in United States, EU, Japan, China, India and Southeast Asia. This report focuses on the top players in global market, like

RightSignature

HelloSign

DocuSign

Adobe Document Cloud

Microsoft

SAP Ariba

AssureSign

Sertifi

e-SignLive by Silanis

eSign Genie

inkdit

SkySignature

SignNow (Barracuda)

PandaDoc

SigPlus Pro

Authentisign

Digital signature is a mathematical technique, which is used to prove the authenticity of an electronic document or message such as e-mails, word file, PDF, and others. Digital signature is used in enterprises to increase operational competency, reduce turnaround time, reduce upfront cost, and improve efficiency.

Furthermore, increase in smartphone penetration, surge in online transactions for banking, e-commerce, and other activities, and aggrandized need for data security & authentication have fueled the market growth. However, resistance to adapt existing applications or systems to implement digital signature and high costs of investment hamper the market growth.

The cloud-based segment dominated the global digital signature industry in 2016, with around 66% share. However, the on-premises deployment is preferred among various international & national banking, financial institutions, and government organizations, which require complete control over data. However, the cloud based segment is anticipated to grow at the highest growth rate during the forecast period, owing to its ease of availability and low cost of deployment.

Download sample pages of this reporthttps://tinyurl.com/y9bbpqkp

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