Market Forecasts and Industry Analysis Digital Signatures to Gain Significant Popularity | Page 2
The retail sector is expected to emerge a promising end user of digital signatures. Widespread adoption of
e-commerce and the need for improved workflow have led to the increased usage of these signatures.
Service providers are developing electronic signature services suitable for both online business and
customers. For instance, in October 2017, Power i4 Solution introduced an electronic signature service
NowYouSign. This cloud-based service sends a unique link via email that directs to an online business
document that can be signed using a mouse, a keyboard, or a touchscreen on any device that can be
connected to the Internet.
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Market Insights
Heightened competition and economic uncertainties are compelling businesses to pay high attention to
cost reduction and improvement of enterprise efficiency. This, in turn, is anticipated to provide a fillip to
the global digital signatures market. Increasing cases of tempering and forgery in procedures involving
software distribution and financial transactions can also work in favor of the market.
U.S. will be a key revenue contributor in the global arena, finds a report added by Radiant Insights Inc. The
growth of the region can be attributed to favorable government initiatives and strict cyber laws. Some of
the prominent players in the market are SIGNiX; Topaz Systems, Inc.; RightSignature LLC; HelloSign, Inc.;
and SafeNet.
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