Which Industries Must Use Digital Signature Solutions and Why?

Digital signature technology has been around since the start of the new millennium. In 2000, the United States passed the Electronic Signatures in Global and National Commerce Act (E-SIGN). The Act ensured that e-signatures hold the same legal status as wet ink signatures and are acceptable for executing any documentation in U.S. states and territories. The global e-signature market is anticipated to reach $61.91 billion by 2030. Digital signatures have become essential to workflow improvement. For instance, during the pandemic, several businesses took the help of digital signatures to engage with their customers efficiently and effortlessly. With the emergence of COVID-19, eSignature business users have increased by 50%, while individuals using eSignatures have grown by 13%. Also, 69% of eSignature users are more likely to continue to e-sign over in-person signing. People worldwide find it a very convenient, easy-to-use, and cost-efficient solution for businesses and indiv...