Europe E-Signature Market
                     Europe E-
Signature 
Market
: Future
of Healthcare in
an Aging World 
© P&S Intelligence. All Rights Reserved 1
Since the outbreak of COVID-19, a great shift has been witnessed in the global work culture. Owing to the 
existence of advanced technologies and high-speed internet, economies could deal with the disruption in the 
functioning of numerous industries, with the mass adoption of remote work policies. Due to this factor, the 
revenue generated by the European e-signature market was $711.8 million in 2021. It will advance at a 
massive CAGR of 34.9% from 2021 to 2030 and reach $10,504.7 million by the year 2030.
It is believed by European business leaders that organizations that have shifted to hybrid work models are 
more profitable. Indeed, remote working and hybrid work models are the major drivers of the European e-
signature market. The rising in the volume of online documentation processes, cost-effectiveness of e-
signatures, and favorable government laws have played a great role in the growing trend of remote working 
even after the lifting of COVID-19 lockdowns. The increased efficiency, cost savings, timeliness, instant 
support, and many other benefits have made it feasible to shift to hybrid work models for the long term.
Request for sample pages of this report: https://www.psmarketresearch.com/market-analysis/europe-
electronic-signature-market/report-sample
The fact that one does not need to move from one place to other, thus saving the travel expenditure and 
time, is the major factor behind the mass adoption of e-signatures. Almost every sector, such as BFSI, 
corporate communications, legal, and marketing, is utilizing this technology to carry out business processes. 
A one-time digitized scanned signature can be utilized several times for multiple purposes. Digitization has 
led to the growing demand for e-signature solutions for various purposes, such as opening a bank account 
and filing income tax returns.
© P&S Intelligence. All Rights Reserved 2
Considering the security concerns, electronic signatures protect individuals' identitities and help manage 
regulatory compliance. They also provide assistance to BFSI personnel in simplifying the complex business 
processes with enhanced security and a faster onboarding of customers. Therefore, the BFSI category 
generated 40% of the European e-signature market revenue in 2021, under the vertical segment. 
Government institutions have also adopted digital transformation of the work processes by utilizing e-
signature software. Human resource (HR) departments also capitalized on the opportunity, by adapting to 
digital onboarding processes, to keep themselves functional during COVID-19 lockdowns.
The constantly growing e-commerce sector is creating more opportunities in the European e-signature 
market. Businesses are shifting their processes online, and e-signatures are required to legally bind 
documents, to govern and facilitate the accommodation of such transition. Security, being the major 
concern here for sensitive documents, needs a significant solution. The rise in the internet penetration has 
also resulted in a significant increase in the cyber-crime prevalence, such as theft of information and money 
and online fraud. Since online transactions have made merchant processes easier, their volume is 
significantly increasing.
Browse full report at: https://www.psmarketresearch.com/market-analysis/europe-electronic-signature-
market
In the European e-signature market, the U.K. held a 20% revenue share in 2021, the largest in the continent. 
It is because e-signatures are widely being utilized for online identification in the country, as they are crucial 
for services facilitated by the World Wide Web. In order to identify the individual through his or her 
documents, such as passport, photo ID card, and driving license, there is a specific platform. It has made it 
easier for the residents of the U.K. to access government services, such as filing for tax or tracking 
application status.
© P&HS Ientenllicgeenc,e . tAhll Reig hitns Rcesreervaedsed efficiency and cost-effectiveness provided e-signatures are the major driving factors 3
behind the boom in the market.
Disclaimer: 
P&S Intelligence always keeps its customers’ interests at the core while carrying out research activities. P&S Intelligence ensures the reliability and accuracy of 
information and data 
provided in its market research publications. However, the information in publications is subject to fluctuations, as it is based on primary interviews of officials from 
various companies 
or organizations. P&S Intelligence is not responsible for any incorrect data provided by the key industry players of the concerned domain. the information or analysis 
in P&S Intelligence publications represents opinions based on research and should not be interpreted as statements of fact. Information in this report was believed to 
be correct at the time of publication, 
but cannot be guaranteed. P&S Intelligence does not endorse any product, service, or vendor depicted in its research publications. 
All intellectual properties, including trademarks and copyrights, belong to their respective owners and may be protected by copyright. Under no circumstance can 
these be reproduced 
in any form without prior written agreement of their owners.
An order for market research report is intended for internal use of the company only and not for disclosure to third parties or any other publication in general. No 
service, report, or part thereof provided by P&S Intelligence can be reproduced, republished, resold, revealed, distributed, circulated, or sublicensed in any medium or 
form now realized or hereafter become realized, including but not limited to, all forms of optical-based media, magnetic, electronic, or digital, without a written 
permission from Prescient & Strategic Intelligence Pvt. Ltd.
For queries related to sales, contact 
us aetn:[email protected]
US/Canada Toll-Free: 1-888-778-
To know more about us, visit our 
7886
webspitsemarketresearch.com International: +1-347-960-6455
India: +91 120 4541 337
© P&S Intelligence. All Rights Reserved 4