Rise of e-Signatures

Rise of e-Signatures

Written By
Joy Cunanan
Updated on
April 6, 2022
Reading time:
0
minutes

Rise of e-Signatures

Rise of e-Signatures

In the legal sector, e-signatures have become a crucial component of the paperless workflow. Check out how it did on a global and regional level as the pandemic accelerated digital change.

Globally

  • 2021: The global digital signature market is valued at $4.4 Billion
  • Expected Growth by 2030: $42 Billion
  • Compound Annual Growth Rate (CAGR): 28%

North America

  • 2021: $1 Billion
  • Expected Growth by 2030: $10 Billion
  • Compound Annual Growth Rate (CAGR) for 2022-2030: 25%

Europe

  • 2021: $1 Billion
  • Expected Growth by 2030: $10 Billion
  • Compound Annual Growth Rate (CAGR) for 2022-2030: 27%

Asia-Pacific 

  • 2021: $1 Billion
  • Expected Growth by 2030L $12 Billion
  • Compound Annual Growth Rate (CAGR) for 2022-2030: 32%

In order to ensure business continuity in a post-pandemic world, it is evident that firms stand to benefit if they incorporate e-signatures as part of a bigger digital transformation strategy.

Author
Joy Cunanan
Joy is the Digital Transformation Manager at Lexagle. As a marketing professional in the Tech and B2B industry for over seven years, she is always on the lookout for the next best solution in the ever-changing online world. With a passion for helping businesses thrive and optimize operations, she shares her expertise in the power of contract lifecycle management and its capacity of easing the contracting process for busy organizations worldwide.
Eagle Logo mask background

Ready to unleash the power of contracting for your organisation?

Contact us for 15-min demo today or to discuss how Lexagle can best fit your organisation's needs!