New reports signal growth in the e-signature market

in markets •  7 years ago 

Whether you're filling out a job application, mortgage application, etc., you'll probably be required to sign the document. Because so many documents are now being accessed online, there's a growing need for digital or electronic signatures.

<p> Also  known as an <em>electronic signature</em> or <em>digital signature</em>, an e-signature is a form of verification that's used to demonstrate a user's authenticity. An online form, for instance, may ask the user to enter his or her e-signature as plain text. The user types his or her name -- just like any other text word -- and the form accepts it as his or her signature.</p>

<p>Different governments have their own definition of the term "e-signature." Most, however, require the signatory to be uniquely identified; have sole control of the private key; capable of identifying data; and in the event that data was changed, the signature must be invalidated.</p>

<p>The general idea behind e-signatures is to allow companies and individuals to enter into contracts without a physical, written signature. An e-signature offers the same legal protection and aspects as a physical, written signature. The only difference is that e-signatures can be performed on computers, which opens up the doors to a whole new world of possible applications.</p>

<p>The <em><a href="http://www.reportsweb.com/global-e-signature-software-market-size-status-and-forecast-2022#utm_source=whatech&amp;utm_content=whatech.com/325885" target="_blank" rel="nofollow noopener noreferrer" class="trackme">Global E-Signature Software Market Size, Status and Forecast 2022</a></em> report by <strong><a href="http://www.reportsweb.com" target="_blank" rel="nofollow noopener noreferrer" class="trackme">ReportsWeb</a></strong> is a comprehensive study of the global e-signature market. Covering both current and future prospective scenarios through 2022, it explores the market from all angles. On the basis of product type, the report segments the global e-signature market by on-premise software, software-as-a-service (SaaS), and open-source software. On the basis of application, the report segments the market by small business, medium-sized business, and large business. Each segment of the global e-signature market is scrutinized in great detail.</p>

<p>Some of the key e-signature vendors profiled in this report include Adobe Systems, DocuSign, RPost, SIGNiX Inc., Citrix Systems, Hellosign, RightSignature, SSL Europa France SAS, AssureSign, Sertifi Inc., Gemalto, EchoSign and others.</p>

<p>According to the <a href="https://www.alliedmarketresearch.com/digital-signature-market#utm_source=whatech&amp;utm_content=whatech.com/313515" target="_blank" rel="nofollow noopener noreferrer" class="trackme">Digital Signature Market by Component, Deployment Type, Industry Vertical - Global Opportunity Analysis and Industry Forecast, 2014 - 2022Digital Signature Market by Component (Hardware, Software, Services), Deployment Type, Industry Vertical - Global Opportunity Analysis and Industry Forecast, 2014 - 2022</a> report by <strong><a href="https://www.alliedmarketresearch.com" target="_blank" rel="nofollow noopener noreferrer" class="trackme">Allied Market Research</a></strong>, the global digital signature market is expected to reach $3.4 billion by 2022. To put that number into perspective, the market was valued at just $517 million in 2015.</p>

<p>So, what's driving the e-signature market's projected growth? This report provides a complete list of market drivers and challenges. The increased need for secure data transfers over the Internet, for instance, is believed to be a fundamental driver of the market. Other market drivers include on-premises applications. With that said, the market faces challenges like competing private cloud services. Nonetheless, researchers believe the e-signature market will grow at a fast pace through 2022, at which point it will reach $3.4 billion.</p>

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