Sullivan releases: Contract locks occupy multiple first places in the electronic signature market in 2022

Qiyuesuo
2023-12-15 15:55:53

The "2022 China Third Party Electronic Signature Market White Paper" released by Frost&Sullivan, a global growth consulting firm, shows that; Contract Lock: Ranked first in China as an independent third-party electronic signature manufacturer, measured by product completeness, number of medium to large scale customers, number of localized deployment customers, as well as the size of the localized service team and the number of cities covered. ” Electronic contracts and electronic signatures have been widely used in various aspects of work and office operations. In recent years, with the joint promotion of various levels of government agencies, electronic signatures and contracts have established a sound and mature legal foundation. Sullivan's research also shows that in recent years, with the accelerating pace of digital transformation of enterprises and government agencies, electronic signature technology has further accelerated its development in various internal and external applications of organizations. The contract lock electronic signature system is designed and developed strictly in accordance with legal and regulatory requirements. It can provide users with real identity authentication, real intention verification, legal and valid electronic signatures, data storage, and electronic signature verification services around the signing process, ensuring compliance throughout the entire process of contract signing, transmission, and storage. At present, Contract Lock has served over 30000 large and medium-sized organizational clients, including Fortune Global 500, China Fortune 500, China Private 500, as well as well-known organizations in various industries such as government, universities, healthcare, food, automotive, clothing, catering, and electrical appliances. Part of the "2022 China Third Party Electronic Signature Market White Paper" shows that:

Contract lock products have the highest completeness

Leading manufacturers in the industry provide basic software functions such as electronic signatures, trusted identity authentication, seal control, and electronic file management; From the perspective of deployment methods, in addition to public cloud, some vendors also offer private cloud or hybrid cloud deployment methods to meet the diverse deployment needs of downstream customers. In addition, a few manufacturers also provide portable hardware products to customers, further meeting their requirements for safety, convenience, and other aspects; Measured by product integrity, Contract Lock provides the most comprehensive product solution among leading independent third-party electronic signature vendors. The first large customer group in contract locks is usually the downstream customers who try to use electronic signatures first, and they are also the main paying customer group, making them a key target customer group for many manufacturers to compete for market share; In terms of the number of medium to large customers, Contract Lock has the largest number of medium to large customers among leading independent third-party electronic signature vendors.

Number of localized deployment customers for contract locks


Customers who choose localized deployment methods are usually government agencies or medium to large enterprises, so vendors with rich resources of medium to large customers often have a leading position in the localized deployment niche market; In terms of the number of localized deployment customers, Contract Lock ranks first among leading independent third-party electronic signature vendors. The Chinese electronic signature market is still in the early stages of industry development, and downstream customers' awareness, recognition, and usage habits of the product are still in the cultivation stage. At this stage, downstream customers usually need manufacturers to provide comprehensive localization services to respond to customer service needs in a timely manner. In terms of the number of cities covered by the localization service team and the number of localization service team members, Contract Lock ranks first among leading independent third-party electronic signature vendors.

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Sullivan releases "2022 China Third Party Electronic Signature Market White Paper"


The digital wave is changing the way every organization works and collaborates, and the digital needs of organizations are gradually showing a diversified, green, and low-carbon development trend. Electronic signatures and other paperless applications have also been widely applied in various fields such as government affairs, healthcare, automotive sales, finance, etc., becoming a key part of organizational digital transformation. Contract Lock is committed to providing legally effective electronic signature services for medium to large organizations and government agencies. Provide a collection around the electronic signing needs of the organization; Digital identity, electronic signature, seal control, and data authentication; Integrated solution. Product coverage; Identity authentication and verification, electronic contract signing platform, privatized electronic signature system, open integration platform, portable UKey electronic signature, lightweight network signature tool, mobile signature, seal control platform, full link data storage, etc; Multiple types.

Focusing on solving problems such as difficult identification of users' real identities, lack of guarantee of signature effectiveness, and difficulty in managing seal and data security in the process of organizational digitization, helping organizations build a trustworthy digital foundation.

. With 8 years of experience in localizing service agencies in over 90 cities, 500 management software integration experiences, over 1000 application scenarios, and more than 30000 medium to large organizational clients, Contract Lock has already developed mature product and service capabilities. In the future, Contract Lock hopes to provide customers with professional and efficient product services, enabling more organizations to fulfill their electronic signature needs.