Europe Electronic Signature Software Market Forecast to 2030 - Regional Analysis - by Component (Solution and Services), Deployment (Cloud and On-Premise), Method (General Electronic Signature, Qualified Electronic Signature, and Advanced Electronic Signature), and End User (Manufacturing, BFSI, Pharmaceuticals, Government Agencies, Legal, and Others)
The Europe electronic signature software market was valued at US$ 1,015.92 million in 2022 and is expected to reach US$ 11,030.37 million by 2030; it is estimated to register a CAGR of 34.7% from 2... もっと見る
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SummaryThe Europe electronic signature software market was valued at US$ 1,015.92 million in 2022 and is expected to reach US$ 11,030.37 million by 2030; it is estimated to register a CAGR of 34.7% from 2022 to 2030.Increasing Use of Electronic Signatures in E-commerce Industry Drives Europe Electronic Signature Software Market The e-commerce industry is proliferating across the globe. Almost all documents in the e-commerce industry are processed electronically. As businesses shift online and teams work from many places, the need for secure, quick, and legally binding methods of signing documents has become critical. Digital signatures are a dependable option that allows organizations to streamline processes and decrease paper-related expenditures. This technology not only improves security but also ensures compliance with many regulations and global legal standards. Companies can improve overall efficiency and customer experience by integrating digital signatures into procedures ranging from contract signing to staff onboarding. Verification, authentication, as well as security are the foundation of documents used in the e-commerce industry. The use of electronic signatures in the e-commerce industry provides several benefits, such as ease of use by adding e-signatures with a click of a button. With electronic signatures, once the document details are confirmed and validated, signing the documents becomes a simple task. The originating party is capable of receiving signed documents over the Internet within minutes of being signed, regardless of their geographical location. It helps the e-commerce players maintain document accuracy, reduces time, facilitates easy storage and retrieval of documents, and offers enhanced customer services. Thus, with the flourishing e-commerce industry worldwide and the increasing use of digital signatures in the industry, the market is growing. Europe Electronic Signature Software Market Overview The market for electronic signature software in Europe is segmented into France, Germany, Russia, Italy, the UK, and the Rest of Europe. In European legislation, electronic signatures were first acknowledged via the directive on a community framework for electronic signatures adopted in 1999. In Europe, in July 2016, the Electronic Identification and Trust Services Regulation (eIDAS) established a legal structure for electronic signatures and documents across the European Union (EU). Since July 2016, electronic signatures in the region have been governed by the Electronic Identification and Trust Services (eIDAS) regulation; it offers a regulatory environment directly applicable to all EU Member States to allow seamless and secure electronic interactions between citizens, businesses, and public authorities. This also offers companies a predictable legal environment to develop and expand the use of electronic signatures in the region. In Europe, most organizations have to meet the growing expectations of today's mobile-savvy customers who want to connect on all channels. From the organization's viewpoint, business transactions should be executable anywhere, anytime, and must be a simple process. Employees gradually expect the same from internal workflows. For both employees and customers, the traditional method of printing a document to capture a signature for proof of intent might slow down the business process. Hence, businesses across Europe are highly focused on adopting an advanced automated process for securely signing documents, such as electronic signature software. Electronic signature software offers several advantages, such as enhanced productivity and helping businesses achieve better customer experience. Moreover, the UK government is constantly focusing on implementing electronic signature technology. As of March 2020, the UK government has officially accepted the Law Commission of England and Wales (the Commission's) opinion that electronic signatures on contracts and other necessary documents are already legally valid in England and Wales without the need for formal primary legislation. Thus, such official acceptance propels the growth of the electronic signature software market in the UK. Furthermore, as electronic signature technology has evolved, the number of electronic signature software options available to organizations and users has also grown. Electronic signature software companies cater to various industries in the region, such as BFSI and government agencies, among others. Thus, the above factors are expected to boost the electronic signature software market during the forecast period. Europe Electronic Signature Software Market Revenue and Forecast to 2030 (US$ Million) Europe Electronic Signature Software Market Segmentation The Europe electronic signature software market is categorized into component, deployment, method, end user, and country. Based on component, the Europe electronic signature software market is bifurcated into solution and services. The solution segment held a larger market share in 2022. In terms of deployment, the Europe electronic signature software market is bifurcated into cloud and on-premise. The cloud held a larger market share in 2022. Based on method, the Europe electronic signature software market is segmented into general electronic signature, qualified electronic signature, and advanced electronic signature. The qualified electronic signature segment held the largest market share in 2022. In terms of end user, the Europe electronic signature software market is segmented into manufacturing, BFSI, pharmaceuticals, government agencies, legal, and others. The BFSI held the largest market share in 2022. By country, the Europe electronic signature software market is segmented into Germany, the UK, France, Italy, Russia, and the Rest of Europe. Germany dominated the Europe electronic signature software market share in 2022. Adobe Inc, Altron Ltd, DocuSign Inc., HID Global Corporation, Legalesign Ltd., OneSpan Inc, RPost, Thales SA, U-Sign-It Pty Ltd, and Zoho Corporation Pvt Ltd are some of the leading companies operating in the Europe electronic signature software market. Table of ContentsTABLE OF CONTENTS1. Introduction 1.1 The Insight Partners Research Report Guidance 1.2 Market Segmentation 2. Executive Summary 2.1 Key Insights 2.2 Market Attractiveness 3. Research Methodology 3.1 Coverage 3.2 Secondary Research 3.3 Primary Research 4. Europe Electronic Signature Software Market Landscape 4.1 Overview 4.2 Ecosystem Analysis 4.2.1 List of Vendors in Value Chain 5. Europe Electronic Signature Software Market - Key Industry Dynamics 5.1 Europe Electronic Signature Software Market - Key Industry Dynamics 5.2 Market Drivers 5.2.1 Rising Adoption of Digital Technologies by Enterprises 5.2.2 Growing Number of Green Initiatives 5.2.3 Increasing Use of Electronic Signatures in E-commerce Industry 5.3 Market Restraints 5.3.1 Variations in Laws and Policies Concerning Electronic Signatures 5.4 Market Opportunities 5.4.1 Growing Adoption of Cloud-Based Solutions in Banking Industry 5.4.2 Integration of AI, Blockchain, and Advanced Technologies 5.5 Future Trends 5.5.1 High Implementation of Electronic Signatures Across SMEs 5.6 Impact of Drivers and Restraints: 6. Electronic Signature Software Market - Europe Analysis 6.1 Europe Electronic Signature Software Market Revenue (US$ Million), 2022 – 2030 6.2 Europe Electronic Signature Software Market Forecast and Analysis 7. Europe Electronic Signature Software Market Analysis - Component 7.1 Solution 7.1.1 Overview 7.1.2 Solution Market, Revenue and Forecast to 2030 (US$ Million) 7.2 Services 7.2.1 Overview 7.2.2 Services Market, Revenue and Forecast to 2030 (US$ Million) 8. Europe Electronic Signature Software Market Analysis – Deployment 8.1 Cloud 8.1.1 Overview 8.1.2 Cloud Market, Revenue and Forecast to 2030 (US$ Million) 8.2 On-Premise 8.2.1 Overview 8.2.2 On-Premise Market, Revenue and Forecast to 2030 (US$ Million) 9. Europe Electronic Signature Software Market Analysis - Method 9.1 General Electronic Signature 9.1.1 Overview 9.1.2 General Electronic Signature Market, Revenue and Forecast to 2030 (US$ Million) 9.2 Qualified Electronic Signature 9.2.1 Overview 9.2.2 Qualified Electronic Signature Market, Revenue and Forecast to 2030 (US$ Million) 9.3 Advanced Electronic Signature 9.3.1 Overview 9.3.2 Advanced Electronic Signature Market, Revenue and Forecast to 2030 (US$ Million) 10. Europe Electronic Signature Software Market Analysis - End User 10.1 Manufacturing 10.1.1 Overview 10.1.2 Manufacturing Market, Revenue and Forecast to 2030 (US$ Million) 10.2 BFSI 10.2.1 Overview 10.2.2 BFSI Market, Revenue and Forecast to 2030 (US$ Million) 10.3 Pharmaceuticals 10.3.1 Overview 10.3.2 Pharmaceuticals Market, Revenue and Forecast to 2030 (US$ Million) 10.4 Government Agencies 10.4.1 Overview 10.4.2 Government Agencies Market, Revenue and Forecast to 2030 (US$ Million) 10.5 Legal 10.5.1 Overview 10.5.2 Legal Market, Revenue and Forecast to 2030 (US$ Million) 10.6 Others 10.6.1 Overview 10.6.2 Others Market Revenue, and Forecast to 2030 (US$ Million) 11. Europe Electronic Signature Software Market - Country Analysis 11.1 Europe Electronic Signature Software Market 11.1.1 Europe Electronic Signature Software Market, by Key Country 11.1.1.1 Germany: Europe Electronic Signature Software Market – Revenue, and Forecast to 2030 (US$ Million) 11.1.1.1.1 Germany Europe Electronic Signature Software Market Breakdown by Component 11.1.1.1.2 Germany Europe Electronic Signature Software Market Breakdown by Deployment 11.1.1.1.3 Germany Europe Electronic Signature Software Market Breakdown by Method 11.1.1.1.4 Germany Europe Electronic Signature Software Market Breakdown by End User 11.1.1.2 UK: Europe Electronic Signature Software Market – Revenue, and Forecast to 2030 (US$ Million) 11.1.1.2.1 UK: Europe Electronic Signature Software Market Breakdown by Component 11.1.1.2.2 UK: Europe Electronic Signature Software Market Breakdown by Deployment 11.1.1.2.3 UK: Europe Electronic Signature Software Market Breakdown by Method 11.1.1.2.4 UK: Europe Electronic Signature Software Market Breakdown by End User 11.1.1.3 France: Europe Electronic Signature Software Market – Revenue, and Forecast to 2030 (US$ Million) 11.1.1.3.1 France: Europe Electronic Signature Software Market Breakdown by Component 11.1.1.3.2 France: Europe Electronic Signature Software Market Breakdown by Deployment 11.1.1.3.3 France: Europe Electronic Signature Software Market Breakdown by Method 11.1.1.3.4 France: Europe Electronic Signature Software Market Breakdown by End User 11.1.1.4 Italy: Europe Electronic Signature Software Market – Revenue, and Forecast to 2030 (US$ Million) 11.1.1.4.1 Italy: Europe Electronic Signature Software Market Breakdown by Component 11.1.1.4.2 Italy: Europe Electronic Signature Software Market Breakdown by Deployment 11.1.1.4.3 Italy: Europe Electronic Signature Software Market Breakdown by Method 11.1.1.4.4 Italy: Europe Electronic Signature Software Market Breakdown by End User 11.1.1.5 Russia: Europe Electronic Signature Software Market – Revenue, and Forecast to 2030 (US$ Million) 11.1.1.5.1 Russia: Europe Electronic Signature Software Market Breakdown by Component 11.1.1.5.2 Russia: Europe Electronic Signature Software Market Breakdown by Deployment 11.1.1.5.3 Russia: Europe Electronic Signature Software Market Breakdown by Method 11.1.1.5.4 Russia: Europe Electronic Signature Software Market Breakdown by End User 11.1.1.6 Rest of Europe: Europe Electronic Signature Software Market – Revenue, and Forecast to 2030 (US$ Million) 11.1.1.6.1 Rest of Europe: Europe Electronic Signature Software Market Breakdown by Component 11.1.1.6.2 Rest of Europe: Europe Electronic Signature Software Market Breakdown by Deployment 11.1.1.6.3 Rest of Europe: Europe Electronic Signature Software Market Breakdown by Method 11.1.1.6.4 Rest of Europe: Europe Electronic Signature Software Market Breakdown by End User 12. Competitive Landscape 12.1 Heat Map Analysis by Key Players 12.2 Company Positioning & Concentration 13. Industry Landscape 13.1 Overview 13.2 Market Initiative 13.3 Product Development 13.4 Mergers & Acquisitions 14. Company Profiles 14.1 Adobe Inc 14.1.1 Key Facts 14.1.2 Business Description 14.1.3 Products and Services 14.1.4 Financial Overview 14.1.5 SWOT Analysis 14.1.6 Key Developments 14.2 DocuSign Inc. 14.2.1 Key Facts 14.2.2 Business Description 14.2.3 Products and Services 14.2.4 Financial Overview 14.2.5 SWOT Analysis 14.2.6 Key Developments 14.3 HID Global Corporation 14.3.1 Key Facts 14.3.2 Business Description 14.3.3 Products and Services 14.3.4 Financial Overview 14.3.5 SWOT Analysis 14.3.6 Key Developments 14.4 Legalesign Ltd. 14.4.1 Key Facts 14.4.2 Business Description 14.4.3 Products and Services 14.4.4 Financial Overview 14.4.5 SWOT Analysis 14.4.6 Key Developments 14.5 OneSpan Inc 14.5.1 Key Facts 14.5.2 Business Description 14.5.3 Products and Services 14.5.4 Financial Overview 14.5.5 SWOT Analysis 14.5.6 Key Developments 14.6 RPost 14.6.1 Key Facts 14.6.2 Business Description 14.6.3 Products and Services 14.6.4 Financial Overview 14.6.5 SWOT Analysis 14.6.6 Key Developments 14.7 Thales SA 14.7.1 Key Facts 14.7.2 Business Description 14.7.3 Products and Services 14.7.4 Financial Overview 14.7.5 SWOT Analysis 14.7.6 Key Developments 14.8 U-Sign-It Pty Ltd 14.8.1 Key Facts 14.8.2 Business Description 14.8.3 Products and Services 14.8.4 Financial Overview 14.8.5 SWOT Analysis 14.8.6 Key Developments 14.9 Zoho Corporation Pvt Ltd 14.9.1 Key Facts 14.9.2 Business Description 14.9.3 Products and Services 14.9.4 Financial Overview 14.9.5 SWOT Analysis 14.9.6 Key Developments 14.10 Altron Ltd 14.10.1 Key Facts 14.10.2 Business Description 14.10.3 Products and Services 14.10.4 Financial Overview 14.10.5 SWOT Analysis 14.10.6 Key Developments 15. Appendix 15.1 About The Insight Partners 15.2 Word Index
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