The rising digitization in workplaces and financial institutions is pushing up the requirement for e-signatures. These solutions are increasingly being used by businesses in various operations such as workflow efficiency, security, and supply chain management. Moreover, organizations are increasingly using identity and access management (IAM) solutions for security and authentication and reducing the chances of human errors, particularly during important financial transactions.

E-signatures are also used for automating processes that usually require cash involvement. Furthermore, due to their lesser need for human involvement, faster roll-out, and quicker documentation, e-signatures are rapidly being adopted by companies for reducing their operational costs and improving their working capital management processes. This, in turn, improves the overall supply chain management process.

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The rapidly expanding e-business industry is creating lucrative growth opportunities for the e-signature providing companies around the world. E-signatures are increasingly being adopted by e-commerce companies for attaining higher operational efficiency and better supply chain integration. In developing countries such as India and China, mobile-first consumer behavior, social commerce, and digital payments are the major trends in the e-commerce niche.

With more organizations shifting to digital transactions and sales, the requirement for e-signatures is rising rapidly. These signatures are being used for protecting sensitive information online. Besides these, the increasing implementation of government initiatives aimed at promoting the usage of e-signatures in various countries is also contributing toward the surging popularity of e-signatures across the world.

This market research report provides a comprehensive overview of the E-signature market

Future potential of the market through its forecast for the period 2020– 2030
Major factors driving the market and their impact during the short, medium, and long terms
Market restraints and their impact during the short, medium, and long terms
Recent trends and evolving opportunities for the market participants
Historical and the present size of the market segments and understand their comparative future potential
Potential of on-demand logistics services, so the market players make informed decisions on the sales of their offerings