Money Matters with Hongbin Jeong and Chua Tian Tian (4pm - 7pm)Under the Radar: Behind your signatures - Dedoco on competition in the global e-Signing market; Domination by major players; Size of global e-Signing market to grow to over US$14b by 2026; Dedoco’s footprint in Singapore, Australia, Vietnam, Malaysia, Hong Kong and the US; Working with customers including ERA Realty and GovTech Singapore; Funding from True Global Ventures 1 Plus
Do you still remember the time where you signed off your first employment contract with a ballpoint pen?
Well, I’m asking this because we’re going to talk all about signatures, and in particular the rise of e-signatures today.
According to Deloitte, estimates of the global e-Signing market reached between US$2.3 billion and US$2.8 billion depending on the source in 2020. And with the COVID-19 pandemic changing the way businesses do things, the market has become one of the fastest growing in the world.
It is now projected to grow to over US$14 billion by 2026, with a compound annual growth rate of some 28 to 30 per cent. But with the market heavily dominated by major players such as DocuSign, how do other players in the industry assess the market and competition?
On Under the Radar, Drive Time’s finance presenter Chua Tian Tian posed these questions to Daphne Ng, Co-founder and CEO of Dedoco.
