Electronic signature (E-signature) refers to signatures in electronic form, which helps in speeding up the documentation processes and making them secure. The global e-signature market has been categorized on the basis on deployment mode, type, and use case. On the basis of type of e-signature, the market has been generating highest revenue from public key infrastructure, while username and pin, signature pad at POS, clickwrap and voices signature are the other major types of e-signature. Based on key deployment modes, cloud based e-signature has been the dominant category. Among the use case of e-signature, unmediated accounts for the major revenue in the global market.
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Market for e-signature is gaining interest with its growing requirement by leaders across industries, who need to use signature for reducing deception and highly security encrypted documents within shorts timeframe.
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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.
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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.
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Market segment by Regions/Countries, this report covers
Market segment by Type, Electronic Signature Software can be split into
On-Premises Electronic Signature Software
Mobile Electronic Signature Software
Cloud Electronic Signature Software
Market segment by Application, Electronic Signature Software can be split into
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