E-signature market in Europe over $10,500 million opportunity by 2030, says P&S Intelligence

New YorkAnd the May 30, 2022 /PRNewswire/ – According to a market research report published by P&S Intelligence, Europe electronic signature market rated at $711.8 million In 2021, which is expected to arrive 10,504.7 million dollars By 2030, at a compound annual growth rate of 34.9%. This is due to favorable government legislation, the increasing popularity of remote work, the increase in the number of online authentication procedures, and the cost-effectiveness of electronic signatures.

To gain a prominent foothold in Europe The e-signature market, players have been busy launching new solutions. These market players are Dropbox Inc. and OneSpan Inc. and PandaDoc Inc. and Citrix Systems Inc. and Foxit Corporation and airSlate Inc. and Formstack LLC, Entrust Corporation, and Adobe Inc. and Thales Group and DocuSign Inc.

Get Sample Pages of This Report At: https://www.psmarketresearch.com/market-analysis/european-electronic-signature-market/report-sample

Key Findings of the European Electronic Signature Market Report

• Foxit Corporation, a developer of advanced PDF products and services, introduced the Foxit eSign platform at May 2022. This service provides a complete and secure electronic signature process and is legally binding.

• PandaDoc released PandaDoc Developers in September 2021allowing developers to easily create and link unique document processes and e-signature features to their services, products, and websites.

• In 2021, the UK dominated the market with a share of around 20%. This was mostly due to the increasing use of electronic signatures for online identification in the country, which is becoming very important as more services move online.

• The public-key infrastructure category accounts for more than 40% of the share Europe The electronic signature market. This is because it is a standards-based solution that allows developers to choose their preferred trust providers and does not require a third-party authentication server to be active.

• In the coming years, the European electronic signature services market is expected to grow at a significant compound annual growth rate (CAGR). This may be attributed to the advantages that related services provide to companies, such as reducing the procedure time from days to hours.

• The government sector is the second largest vertical category in the market. This is because government agencies use electronic signature software and tools to make their operations digital.

The story continues

Browse detailed report on Europe e-signature market size, share, trends, emerging opportunities and top key players by 2030

The BFSI class owns more than 40% of the stake Europe The electronic signature market is expected to maintain its position in the future. The BFSI column focuses on analyzing digital preferences, consumer behavior and choices due to the growing need for customer-centric business solutions. BFSI organizations benefit from these signatures as they improve security and speed up the customer onboarding process.

Documentation procedures in businesses and organizations are rapidly becoming digitized as a result of strong government support for digitization. Moreover, as cloud computing has become widely adopted, businesses and consumers have been able to perform tasks online, thus creating identification and licensing requirements on both sides.

European electronic signature market segmentation analysis

by ingredient

By type of publication

by type

• Public Key Infrastructure (PKI)

• Username and Personal Identification Number (PIN)

• Point of Sale (POS) Signature Panel

• Clickwrap

• voice signature

According to the use case

• without mediation

• mediated by

• 3rd party

• internal

by vertical

• Banking, Financial Services and Insurance (BFSI)

• Government

• Information and Communication Technology

• Health Care

• legal

Regional Analysis

• United kingdom

• Germany

• France

• Italia

• Spain

• Poland

• Holland

• Sweden

• Denmark

• Belgium

• Romania

• Norway

Browse more related reports:

Global Electronic Signature Market Overview, Growth Opportunities and Forecasts to 2030

Global Digital Signature Market Overview, Growth Opportunities and Forecasts to 2030

Around P&S Intelligence

P&S Intelligence provides market research and advisory services to a wide range of industries worldwide. As an alluring research and advisory firm, P&S believes in providing comprehensive insights into the ever-changing market scenario, enabling companies to make informed decisions and intelligently build their business strategies. P&S maintains the interest of its customers, which is why the insights we provide are honest and accurate. Our long list of satisfied clients includes start-up companies as well as multi-million dollar companies and government agencies.

Contact:
Prajneesh Kumar
P&S Intelligence
Phone: +1-347-960-6455
E-mail: enquiry@psmarketresearch.com
Web: https://www.psmarketresearch.com
Follow us: LinkedIn Twitter

View original content: https://www.prnewswire.com/news-releases/europe-e-signature-market-over-10-500-million-opportunity-by-2030–says-ps-intelligence-301557196.html

SOURCE P&S Intelligence