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Global E-Signature Market Size, Share, Development, Growth and Demand Forecast to 2023 - Industry Insights By Type, By Deployment, By Use-CaseLONDON, Oct. 10, 2017 /PRNewswire/ -- Market Overview Furthermore, the increasing penetration of internet and cloud computing has enabled the consumers as well as companies to make deals online, which requires authorization of both the parties. This has been fueling the e-signature market globally. The growth in online financial transactions is one of the examples of increasing documentations over the web. The developed countries, such as the U.S., are witnessing more rapid growth in online banking transactions, owing to their advanced internet infrastructure. Opportunities Growth prospects offered by Australia and increasing adoption of e-signature based on Software as a Service (SaaS) delivery model are the major opportunity that are expected to drive the future growth of the global e-signature market. Australia is one of the key countries for e-signature market globally. The positive opinion of Australian business owners about e-signature technology is expected to drive the market in the country. In addition, according to Australian law on e-signature, electronic signatures are a valid way of executing agreements. In addition, increasing demand of cloud deployment of e-signature is a key reason for the surging popularity of software as a service (SaaS) delivery model based e-signature deployment. SaaS deployments are mostly preferred for transactions that are low in value and less complex. The ease of implementation of SaaS delivery model based e-signature service is the major factor for its popularity. SaaS based e-signature are also becoming popular in sales, human resources, and legal departments of a company that need signatures of external parties most frequently. Competitive Landscape The intensity of rivalry in the global e-signature market is moderate. Most of the major vendors in the global e-signature market are actively focusing on research & development to enhance the security feature of their products. They are also focusing on product launch and partnerships to enhance the product feature and expand their consumer base across the globe. For instance, DocuSign, Inc. announced a strategic partnership with IBM to advance digital trust across organizations of every size and industry by embedding eSignature and Digital Transaction Management (DTM) functionality into IBM's software and services. In addition, AssureSign introduced a new feature that enables users to send documents for electronic signatures via SMS text message, which helps simplifying the way of secure communication for major enterprises and small companies. The company also developed this feature due to high demand from its customers across multiple industries, including insurance, legal, and telecommunications. Recently, AssureSign announced to open data center in Canada to serve local clientele. The center offers electronic signature software-as-a-service solution and has the ability to initiate, sign, and store all their e-signature data. Some of the key players operating in the global e-signature market are Adobe Systems Inc., Docusign Inc., RPost, SIGNiX Inc., Citrix Systems Inc., SSL Europa France SAS, AssureSign LLC, Sertifi Inc. and Gemalto NV. Scope for Customization P&S Market Research offers customization as per specific business requirements of clients. Illustrative customization within the scope of this report includes: Period of Analysis – Increase in the study period, including historic and forecast years Company Profiles – Wider company coverage in terms of detailed analysis or additional company profiles By Type – The Others under this segmentation can be further broken down into individual segments. New custom report – A completely customized report can be provided on the market, specific to a region/ country/ segment. Download the full report: https://www.reportbuyer.com/product/5038449 About Reportbuyer Reportbuyer is a leading industry intelligence solution that provides all market research reports from top publishers https://www.reportbuyer.com For more information: Sarah Smith Research Advisor at Reportbuyer.com Email: [email protected] Tel: +44 208 816 85 48 Website: www.reportbuyer.com View original content:http://www.prnewswire.com/news-releases/global-e-signature-market-size-share-development-growth-and-demand-forecast-to-2023---industry-insights-by-type-by-deployment-by-use-case-300534285.html SOURCE ReportBuyer |