Global Electronic Signature Software Market Overview:
Electronic signature software is a software that uses mathematical techniques to validate the authenticity and integrity of the message. It provides the highest level of assurance about each signature identity and the authenticity of the document signed. The market for E-signature software is expected to grow in the forecasted period owing to growing security concern and increasing government support coupled with rising adoption of advanced technology in the developing countries. Some of the players profiled in the study are Docusign Inc. (United States), Adobe Systems Incorporated (United States), RPost (Bermuda), SIGNiX Inc.(United States), Citrix Systems Inc. (United States), SSL Europa France SAS (France), AssureSign LLC (Georgia), Sertifi Inc. (United States) and Gemalto NV (Netherlands).
On the basis of geography, the market of Electronic Signature Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). If we see Market by Deployment Mode, the sub-segment i.e. Cloud Based will boost the Electronic Signature Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Use Case, the sub-segment i.e. Unmediated will boost the Electronic Signature Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Verticals, the sub-segment i.e. BFSI will boost the Electronic Signature Software market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Growth Drivers
- Increasing Investments in Electronic Documents by Governments and Enterprises
- Improved Operational Efficiency at Lower OPEX
- Enhanced End to End Customer Experience
Influencing Trend
- Technological Advancement in Digital Signature Software
Restraints
- Stringent Government Rules and Regulation Related to Digital Signature across Region
Opportunities
- Increased Acceptance of Electronic Signature Software
Challenges
- Lack of Skilled Professionals
Key Market Developments:
In June 2019, Alankit’s subsidiary Verasys Technologies has entered into the electronic signature space to provide secure e-Sign service under the brand name Vsign. The ETSI technical committee on Electronic Signature Infrastructure (TC ESI), in April 2019 released a set of three Technical Specifications for cloud-based digital signatures supporting mobile devices. This new set of standards supports the creation of digital signatures in the cloud, facilitating digital signature deployment by avoiding the need for specialized user software and secure devices.
Target Audience:
E- Signature Solution And Service Providers, Suppliers And Distributors, Technology Investors, System Integrators, Research Organizations, Solution Integrators and Start-Up Companies
Major Objectives Focused through this Study
To define, describe, and forecast the Global Electronic Signature Software market on the basis of product [Public Key Infrastructure (PKI), Username And Pin, Signature Pad At POS, ClickWrap, Voices Signature and Others {Hand Written Mouse Signature, Shared Secrets And Stored Signature Image}] , application [Large Enterprise, Midsize Business, Public Administration and Small Business], key regions and end user
To provide in-depth information regarding major influencing factors affecting the growth of the market (trends, drivers, restraints, opportunities, and industry-centric and regional challenges)
To strategically analyse the micro-markets and important business segments with respect to individual growth drivers , market trends and potential, and historical contributions to the total market
Identifying the opportunities in the market for key stakeholders and detailing the competitive landscape for market leaders
To provide market size for various segments of the Electronic Signature Software market with respect to major geographies, namely, South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico)
To strategically profile the key players and analyzing their market shares and core competencies in the Electronic Signature Software industry
To track key developments such as product launches, expansions, agreements, partnerships, mergers & acquisitions, and R&D activities that are key factors in shaping the market
Available Customization:
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**. Additionally, the Players which are also part of the research are RightSignature, HelloSign, Microsoft, SAP Ariba, eSignLive, eSign Genie, inkdit, SkySignature, SignNow (Barracuda), PandaDoc, SigPlus Pro and Authentisign.
** Confirmation on availability of data would be informed prior purchase
While framing the research framework, major and emerging players operating in the Electronic Signature Software market in various regions have been profiled, and their offerings, geographic footprints, and distribution/sales channels have been analysed through in-depth discussions. The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, analyst team keeps preparing set of questionnaires and after getting appointee list; the target audience are then tapped and segregated with various mediums and channels that are feasible for making connection that includes email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey etc.