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Subject: MRR

E-Signature Market to Surpass $12,721.5 Million Revenue by 2030, says P&S Intelligence

NEW YORK, July 7, 2022 /PRNewswire/ -- In 2021, the value of the worldwide electronic signature market was $1,527.7 million, and it will reach $12,721.5 million by 2030, experiencing mammoth growth of around 27%. This will be because of the rising security concerns across companies, increasing support from governments for digitization, and surging acceptance of advanced technologies in emerging economies, including China, India, and Brazil.


In 2021, software sales generate in excess of 40% e-signature market revenue. The trend will remain unchanged in the near future owing to the snowballing use of cloud-based e-signature solutions with innovative encryption features for ensuring secure communication and sharing digital documents. The acceptance of cloud-based e-signatures in companies for the management and protection of important data is essentially pushing the market on the path to prosperity.

Get the sample copy of this report at: https://www.psmarketresearch.com/market-analysis/e-signature-market/report-sample

Government agencies make use of e-signatures for decreasing the risk of forgeries and increasing the trust of the general public in private documentation. Governments around the world, particularly in Europe and North America, have been inspiring administrations for the acceptance of these solutions, to drive security and efficiency in their processes. At present, there are more than 75 countries that recognize the legality of e-signatures.

The European e-signature market is quickly growing because of the promising government regulations and laws, increase in the volume of online documentation processes, and cost-effectiveness of these signatures. Additionally, corporations in Europe are adopting hybrid and remote working models, which are correspondingly increasing the demand for e-signatures. As per statistics, more than 80% of the European business stalwarts are of the opinion that hybrid work models are more profitable.

The BFSI sector's revenue contribution to the e-signature market stands at over 30% of the worldwide total. The acceptance of internet banking, mobile banking, and stock marketing has dramatically increased. Through business applications that are customer-centric, BFSI companies focus on understanding the behavior, choices, and preferences of consumers. These solutions give strong security, manage regulatory compliances, and protect identities. They also help BFSI firms in the simplification of business procedures, by providing improved security and quicker onboarding of consumers.

Browse detailed report on E-Signature Market Analysis, Size, New Trends, Emerging Opportunities, And Top Key Players By 2030

The utilization of e-signatures in the IT departments of public and private companies betters the security of all IT-related errands. These solutions improve the efficiency of an organization, chiefly in its contractual procedures. For telecom corporations operating multiple branches and those that need to retain contracts for future use, a lot of savings can be made by the adoption of e-signatures, as they can help in reducing the use of paper and printing inks and decreasing storage expenses.

E-Signature Market Detailed Segmentation Analysis

By Component

By Deployment Type

By Type

By Use Case

By Vertical

By Region

Browse More Latest Published Reports by P&S

Europe E-Signature Market Opportunities COVID-19 Impacts and Growth Forecast Report, 2030

Digital Signature Market Opportunities COVID-19 Impacts and Growth Forecast Report, 2030

U.S. Digital Signature Market Analysis, Emerging Trends, Key Players and Future Scope

About P&S Intelligence
P&S Intelligence provides market research and consulting services to a vast array of industries across the world. As an enterprising research and consulting company, P&S believes in providing thorough insights on the ever-changing market scenario, to empower companies to make informed decisions and base their business strategies with astuteness. P&S keeps the interest of its clients at heart, which is why the insights we provide are both honest and accurate. Our long list of satisfied clients includes entry-level firms as well as multi-million-dollar businesses and government agencies.

Prajneesh Kumar
P&S Intelligence
Phone: +1-347-960-6455
Email: [email protected] 
Web: https://www.psmarketresearch.com 
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