What is E-Notary Software Market Scope?
E-notary software provides secure electronic notarization functionality for notaries public, lawyers, and anyone who needs to certify electronic documents. E-notary software offers greater security and convenience for both businesses and consumers who regularly deal with notarizations. Growing adoption of new technologies is one of the major factors driving the e-notary software market growth.
Attributes | Details |
---|
Study Period | 2017-2027 |
Base Year | 2021 |
Forecast Period | 2022-2027 |
Historical Period | 2017-2021 |
Unit | Value (USD Million) |
Key Companies Profiled | DocVerify, Inc. (United States), LiveNotary LLC (United States), Notarize (United States), CERTIFY Global, Inc. (United States), Safedocs (United States), Apple Inc. (United States), SunGard Signix Inc (United States), eNotaryLog (United States) and NotaryCam, Inc. (United States) |
Customization Scope | Avail customization with purchase of this report. Add or modify country, region & or narrow down segments in the final scope subject to feasibility |
The E-Notary Software market study is being classified by Type (Cloud-Based and Web-Based) and major geographies with country level break-up.
Global E-Notary Software is a fragmented market due to the presence of various players. The players are focusing on investing more in launching software. These will enhance their market presence. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.
DocVerify, Inc. (United States), LiveNotary LLC (United States), Notarize (United States), CERTIFY Global, Inc. (United States), Safedocs (United States), Apple Inc. (United States), SunGard Signix Inc (United States), eNotaryLog (United States) and NotaryCam, Inc. (United States) are some of the key players profiled in the study.
Segmentation Analysis
Analyst at AMA have segmented the market study of Global E-Notary Software market by Type, Application and Region.
On the basis of geography, the market of E-Notary Software has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Influencers and their development strategies
On 23rd March 2022, PandaDoc announced the acquisition of LiveNotary. The acquisition furthers PandaDoc’s mission to build a full scope of digital document management solutions for SMBs, including legally binding agreements, transactions, proposals and more.
On 7th July 2021, Evolve Mortgage Services acquired E-Notary Seal LLC. The acquisition allows mortgage borrowers to remotely sign and notarize a document from anywhere on any device. The acquisition enables Evolve to provide closings for title and mortgage companies through a single, end-to-end digital process.
Influencing Market Trend
- Growing Digitalization and Penetration of the Internet
Market Drivers
- High Demand for E-Notary Software as it offers Greater Security and Convenience for Both Businesses and Consumers
- Businesses focus on Accelerate the Pace of Business with Fully Remote, Electronic Notarizations
Opportunities
- Robust Set of Features to Facilitate Remote Online Notarization (RON) Transactions
- Growing Number of Property Transactions
Restraints
- Concerns Related to Growing Number of Online Scams
Challenges
- More Expensive than other Options for Notarizing
Key Target Audience
E-Notary Software Developers, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
Customization available in this Study:
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a report that suits your needs.
To compete effectively, companies also require quantitative estimates of the future growth and qualitative nature of the market. AMA Research features not just specific market sizing estimates, but also include significant value-added commentary on Technological Trends and Innovations, Regulatory Policies, Market Maturity Indicators, Market Share Movements, New Entrants into the Market & Entry/Exit Barriers, Consumer Demographics, Supporting Company Financial and Cash Flow Planning, Open Up New Markets , To Seize Powerful Market Opportunities, Key Decision in Planning and to Further Expand Market Share, Identify Key Business Segments, Market Proposition & Gap Analysis.
Frequently Asked Questions (FAQ):
1. At what growth rate would the E-Notary Software market expands?
The Global E-Notary Software market is expected to see a growth of % during projected year 2021 to 2027.
2. Who are the prominent players of the Global E-Notary Software market?
The prominent players of Global E-Notary Software market are DocVerify, Inc. (United States), LiveNotary LLC (United States), Notarize (United States), CERTIFY Global, Inc. (United States), Safedocs (United States), Apple Inc. (United States), SunGard Signix Inc (United States), eNotaryLog (United States) and NotaryCam, Inc. (United States), to view complete player list click here
3. What are the top priorities to focus for E-Notary Software markets growth?
In this highly competitive & fast evolving E-Notary Software industry, the top strategic priorities would remain consistent like innovation, R&D and M&A.