Global Electronic Forms (e-forms) Market size was valued US$ XX Mn in 2019 and the total revenue is expected to grow at xx% through 2020 to 2027, reaching US$ XX Mn. The report has covered Country market trends with a competitive landscape.
Global Electronic Forms (e-forms) Market Overview:
Electronic Forms (e-forms)are electronic documents built for data collection, validation and submission in the processing of forms.Electronic Formstake the place of paper forms and are structured to more easily collect, verify, and send data to a recipient for form processing. E-forms are favored over paper forms for these purposes.With companies working to increase their green appeal and scale back on costs, replacing paper forms with electronic forms is becoming widespread. By shifting to electronic formats, eliminating dependency on paper yields additional benefits, such as simplified business processes and decreased physical storage needs.E-forms allow the electronic capturing of data that can speed up the back-end processing of form-based information.
For back-end systems, data can also be shared. E-forms provide simplicity. This allows them to complete the form online, which implies that forms are not mailed, saving them time, money, and hassle. The process is self-serving, they don’t have to talk to someone directly to start or finish the process; and whenever they want, they can fill out the form.E-forms allow users to communicate with business applications and the related back-end systems. Another important benefit of e-forms over traditional paper forms is that they are environmentally friendly because they do not create any paper waste.
Growing rates of Internet use and high demand for paperless operations in offices and institutes are the key drivers of the e-forms industry. Moreover, the need for better online forms that enable richer and more complex experiences has been generated by e-government and e-commerce solutions and web applications. Growing demand for on-the-move data, increasing numbers of e-devices that can be used to access e-forms, increasing e-form compatibility with a large number of devices such as smartphones, laptops, smart TVs, and other smart wearable devices are other factors that drive the growth of this market. Consumer adoption of digital content is also having a huge impact on the growth of this industry. Thepopularity of media streaming platforms will drive the growth of the global Electronic Forms (e-forms) market.
Based on deployment,Electronic Forms (e-forms) market is segmented by cloud-based and on-premise. Cloud-based dominated Electronic Forms (e-forms)market with increasing need of the high volume of data to keep on cloud storageand on-demand content via internet server and can be hosted on a cloud that gives several users access to the same form and allows real-time collaboration.
Based on organization size,small and medium enterprisesis the leading segmentto dominate the market during the forecast period due to the rising number of SMEs and various industry verticals pushing to the market growth.Based on industry verticals, IT & telecommunications is the leading segment to dominate the market during the forecast period owing to the increased applications across the sector. The key drivers are growing fast track digital data and enable to achieve insight into user behaviorwhich motivates market development.
The electronic forms market in North America is anticipated to account for the highest revenue share contribution and projected to maintain its dominance in the target market during the forecast period. The attributing factor is due to the presence of major players such as Trexa, JotForm Inc., Adobe with theadvanced technologies. The Asia Pacific region is projected to register the fastest growth rate in the target market due tosurge in penetration of smartphones and digitalizing the infrastructurein the region.
Global Electronic Forms (e-forms) Market1
The objective of the report is to present a comprehensive analysis of the Global Electronic Forms (e-forms) Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market has been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Electronic Forms (e-forms) Market dynamics, structure by analyzing the market segments and projects the Global Electronic Forms (e-forms) Market size. Clear representation of competitive analysis of key players by Deployment, price, financial position, Raw material portfolio, growth strategies, and regional presence in the Global Electronic Forms (e-forms) Market make the report investor’s guide.
Scope of Global Electronic Forms (e-forms)Market
Global Electronic Forms (e-forms) Market, By Deployment
Global Electronic Forms (e-forms) Market, By Organization Size
• Small and Medium Enterprises
• Large Enterprises
Global Electronic Forms (e-forms) Market, By Industry Verticals
• IT & Telecommunications
• Aerospace & Defense
• Media & Entertainment
• Banking Financial Services and Insurance
• Consumer Goods
Global Electronic Forms (e-forms)Market, by Region
• North America
• ME & Africa
• Latin America
Global Electronic Forms (e-forms)Market Key Players
• JotForm Inc
• Open Text Corporation
• Hyland Software, Inc
• Streebo Inc
• Comindware Inc
• dbtech Ras
• Deltagon Group Oy
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