DUBLIN, Oct. 13, 2020 /PRNewswire/ — The “E-Signature Market Research Report: By Component, Deployment Type, Type, Use Case, Vertical – Global Industry Analysis and Growth Forecast to 2030” report has been added to ResearchAndMarkets.com’s offering.
Around the world, the government is offering its support for the uptake of e-signature solutions, for efficiency and security in documentation processes. While Directive 1999/93/EC was implemented by the European Union in 1999, the U.S. passed the Global and National Commerce (E-Sign) Act in 2000, to give such solutions legal validity.
Such measures are expected to propel the global e-signature market, which generated $951.3 million revenue in 2019, at a 24.6% CAGR between 2020 and 2030 (forecast period). In all, 75 countries already have legal mandates for this technology, and their number is still rising, thus helping the market advance.
Software To Be Largest Category in Market till 2030
The software category would continue