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E-signature Platform Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2017 - 2025

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The e-signature or electronic signature is a symbol, process or an electronic sound logically associated with a contract, adopted by a person with the objective of signing any record or contract. An e-signature platform is a software toolkit designated to support enterprises to integrate electronic signature functionalities into websites or in a business application. E-signature platforms furnish an interface to distribute and sign documents online, confining the appropriate certificate authorities to deliver relying on digital certificates. It provide e-signature software to gather signatures on documents shared electronically, by eliminating the need for physical documents and processes to record signatures. Electronic signature platforms facilitate the circulation of legally confidential documents, for instance, sales contracts, employment paperwork, or such work for which signatures are often required. Moreover, e-signature platform support the generation, right from the most generic to the most advanced electronic signature formats.

Government policies such as the U.S. Federal law known as the Electronic Signatures in Global and National Commerce Act, the acceptance of electronic signature by the certain jurisdictional authorities, which includes the Federal Courts of the U.S. and the Supreme Court of Canada, is anticipated to boost the global e-signature platform market in the near future. The growing need for e-signatures, efficient security transactions and the need to authenticate user identity are increasing the demand for the e-signature or electronic signature platform market, which is expected to show significant growth globally. Moreover, the demand for completely customizable solutions, flexible document or legal contract delivery across on-premise, cloud and web-based platforms is a major driver. However, the high initial investment required for the implementation and integration of the e-signature platform is anticipated to obstruct the growth of the global e-signature platform market.

The e-signature platform market is primarily segmented based on component, deployment and by application.  Based on component type the global electronic signature or e-signature market is further segmented into software and services, where the services segment is further classified into consulting, integration, and operation & maintenance. On the basis of deployment type, the e-signature platform market is classified as on-premise, cloud-based and web-based. Moreover, the global market is also classified across end use industries, which includes banking financial services and insurance (BFSI), human resource, legal, real estate, education and research, government and others. In terms of geographies the global electronic signature platform market is segmented into North America, Europe, Asia Pacific, Middle East and Africa, and South America. The acceptance of e-signatures around the globe and significant adaptation of the electronic signature platform in North America is because of stringent cyber laws and tremendous growth in the financial sector in this region. However, South America has the least adoption of e-signature technology due to the weak and diversified cyber laws in the region. Middle East and Africa and Asia Pacific regions are anticipated to show significant growth, with notable compound annual growth rates during the forecast period.

Some of the major players of the global e-signature platform market, with significant development in region and large market share include Adobe Systems Incorporation, Docu Sign Inc., Entrust Datacard Corporation, Right Signature LLC, AssureSign LLC., VASCO, eSignLive, Cryptolog, eSignly, Canvas and Signix.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
  • Recommendations to companies for strengthening their foothold in the market  
     

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis. 

 


Note : All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of Transparency Market Research.


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