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Global e-signature Market - Revenue, Industry Trends, Demand and Growth Opportunities by 2024

Global e-signature Market - Revenue, Industry Trends, Demand and Growth Opportunities by 2024
Kelly Harper | 15.10.2018
Global e-signature market is predicted to grow at 34.0% CAGR during the forecast period with the market size reaching USD 12.1 billion by 2024. The market is driven by the factors such as enhanced user experience and improved operational efficiency and increasing awareness regarding secure and controlled workflow. With the increasing acceptance of e-signatures as legal and secure increasing number of enterprises are adopting these solutions for their business transactions, thereby boosting the market growth, globally.

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North America accounted for the major share in the e-signature industry in 2017, globally as the players in the region are continuously investing capital for the implementation of digital solutions and thereby creating need for electronic signature solutions. U.S. is home to the most of the major players worldwide, who have strong presence within the country and globally. Asia-Pacific e-signature market is anticipated to grow at the fastest CAGR during the forecast period.

The key types of e-signature market include public key infrastructure, clickwrap, signature pad at POS, voice signature, username & pin, and others. Of all types, public key infrastructure segment account for the largest share in the market. Public key infrastructure provides secure and encrypted transfer of information for different activities ranging from online banking transactions to e-commerce, which leads to the largest share among all types of electronic signature. Clickwrap category will witness the highest growth during the forecast period.

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Adobe Systems Inc., Citrix Systems Inc., SIGNiX Inc., Docusign Inc., SSL Europa France SAS, Gemalto NV, Sertifi Inc. RPost and AssureSign LLC are some of the key players offering solutions and services for E-Signature. Key players in the e-signature industry are partnering or collaborating with other players to provide enhanced and efficient solutions and services.

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