In an era defined by rapid technological advancement and digital transformation, understanding the latest trends and statistics in e-notary software for 2025 is pivotal. As the demand for more secure, efficient, and legally binding electronic documents continues to rise, businesses and legal entities must stay informed about the evolving landscape. These statistics will offer crucial insights into adoption rates, market growth, user satisfaction, and emerging features, shaping the future of notarial practices worldwide.
Key stakeholders such as legal firms, real estate professionals, financial institutions, and technology providers will find this data particularly invaluable. For these groups, staying abreast of industry trends not only aids in streamlining their operations but also enhances their competitive edge. Recognizing how the e-notary software market is evolving allows these stakeholders to make informed choices about investments, partnerships, and technology integration, ultimately impacting their service delivery and client satisfaction.
As we delve into the specifics, it becomes clear that the right data can drive strategic decisions in this rapidly progressing field. Whether you are looking to adopt new e-notary solutions or enhance existing processes, the insights garnered from these statistics will illuminate paths for innovation and optimization, ensuring you remain ahead in the dynamic world of digital notarization.
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Top E Notary Software Statistics 2025
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Cost Savings And Efficiency
- The typical business or enterprise client saves up to 70% with DocVerify while getting higher security standards and better support. [47]
- On average, using technology like online notary services resulted in faster deal closures by almost 20%. [9]
- E-notary software has led to a 10% increase in successful transactions within the first year alone. [9]
- 3 out of every 4 switched mortgage companies reported fewer errors and faster turnaround times. [9]
- Businesses with a global footprint benefit immensely from the 24/7 availability of online notary services. [9]
- Online notary services now available 24/7 globally have greatly improved convenience and accessibility. [9]
- The ability to eSign and eNotarize documents is a key component to achieving 100% paperless eClosing transactions. [10]
- The average wait time for notaries to connect with signers is less than one second. [7]
- Notaries are available 24/7 and typically connect with signers in less than a second. [7]
- Consumer satisfaction rating of the Proof platform, based on 20,000+ reviews, is high. [7]
- The Notarize Network is on-demand, without an appointment, to meet customers 24/7. [7]
- The first online notarization and the first home to close 100% virtually (not in person) was on Notarize’s platform. [7]
- Online platforms can notarize documents in just 15 minutes. [16]
- With online notary services, sensitive documents are kept safe thanks to encryption measures, giving healthcare providers peace of mind when sharing critical information. [9]
- E-notary software market size was USD 215.2 million in 2023 and is projected to touch USD 484.36 million by 2032, at a CAGR of 9.4%. [15]
Market Growth And Trends
- The Online Notarization Software Market is set to witness immense growth during the forecast period 2022-2028. [2]
- The market provides both qualitative and quantitative data on elements that shape its growth from 2022 to 2028. [2]
- The type segment contributed the largest share to the Online Notarization Software Market in 2021 and is projected to grow at the highest CAGR from 2022 to 2028. [2]
- The study represents a quantitative analysis of current market trends, estimations, and dynamics of the Online Notarization Software Market size from 2022 to 2028. [2]
- The global e-notary software market is expected to exhibit a CAGR of 9.4% by 2032. [15]
- The market for e-notary software has been significantly impacted by the COVID-19 epidemic. [15]
- Remote Online Notary Service Market is projected to experience growth of approximately 17.5% during the forecast period from 2023 to 2030. [17]
- The global E-Notary Software market was valued at USD 220 million in 2023 and is anticipated to reach USD 406.4 million by 2030, witnessing a CAGR of 9.1% during the forecast period 2024-2030. [38]
- The Remote Online Notary Service Market size was valued at USD 101 million in 2023 and is projected to reach USD 339 million by 2030, growing at a CAGR of 17.5% during the forecasted period 2024 to 2030. [29]
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Legal And Regulatory Framework
- The SECURE Notarization Act of 2023 would permit immediate nationwide use of remote online notary (RON) with minimum standards and provide certainty for interstate recognition of RON. [5]
- More than 40 states and the District of Columbia have enacted legislation allowing for some form of remote online notarization or electronic notarization. [6]
- Documents notarized online are accepted in all 50 states, and 40+ states have state laws that allow notaries to perform online notarization from within their state. [7]
- To perform remote online notarization in Minnesota, the notary public must be currently registered as an active Minnesota Notary and state in a formal registration that they intend to use communication technology pursuant to Minnesota Statutes 358.645. [8]
- The termination of Remote Online Notarization Authorization registration can only be done online pursuant to Minnesota Statutes 358.645 Subd. [8]
- The Remote Online Notarization Authorization Form is available online at the Minnesota Notary Public Website. [8]
- Remote Online Notarization Statutes are governed under Minnesota Statutes 358 and 359. [8]
- All loans delivered to Fannie Mae closed using audio-visual aided ink-signed notarization must include special feature code (SFC) 920. [4]
- An Electronic Notary may charge up to $25.00 per electronic notarial act performed. [12]
- The SECURE Notarization Act of 2021 aimed to establish minimum standards for electronic and remote notarizations that affect interstate business transactions. [37]
- The SECURE Notarization Act of 2023 passed by the House of Representatives aims to have all acting notaries in the U.S. performing remote notarization services using authorized RON service platforms. [37]
- In 2020, almost every state enacted legislation or executive orders allowing for the legal use of RON. [32]
- The Uniform Law Commission’s 2018 update of the RULONA created a new section authorizing remote online notarization of electronic or tangible documents. [39]
- The SECURE Notarization Act of 2022 received support from Title Company and Mortgage Industry for its potential to standardize RON across all states. [35]
Security And Technology
- Many e-notary services have obtained a SOC 2 certification, demonstrating their commitment to data security (Key Stat: 5). [9]
- Sensitive documents are kept safe thanks to encryption measures adopted by remote online notary platforms. [9]
- The digital certificate uses public key infrastructure technology and is X.509 compliant. [41]
- Proof employs various security measures to ensure the security and privacy of personal information on the Proof platform, including encryption and protection of all data in transit and at rest using AES-256 bit encryption. [30]
- All user communications are encrypted and all data such as documents are protected using industry-specified encryption protocols such as AES-256. [25]
- Secure audio-visual technology has been possible since 2020 and has been used for remote notarizations. [35]
- The Proof platform is supported and developed through security best practices and controls from industry standards and frameworks such as NIST and SOC 2. [36]
- Recording of the notarial ceremony conducted via audio-video technology must be kept for a minimum of 10 years. [4]
- State-of-the-art encryption methods, such as AES-256, ensure the safekeeping and confidentiality of sensitive information at every step of the notarization process. [41]
- The Model Electronic Notarization Act of 2017 (MENA) sets a precedent for recognizing notarized acts across state lines if compliant with the laws of the jurisdiction where it was performed. [43]
Adoption And Usage
- Remote online notarization (RON) laws now allow notaries to offer their services online in 40 states. [13]
- Since 2007, electronic and remote online notarizations have started transforming the notary space. [14]
- Online notarizations have been recognized as legally binding in every state since 2007. [14]
- E-notary software market size is expected to grow to USD 1 billion by 2036. [31]
- Remote Online Notary Service Market Expecting Huge Demand in Upcoming Years with a CAGR of 17.5%. [17]
- Remote online notarization became a new standard in the notary space during the COVID-19 pandemic. [20]
- To date, over 1.25 billion documents are notarized annually in the US. [23]
- During the COVID-19 pandemic, the adoption of remote online notarization rose by 547% in 2020. [21]
- By the end of 2023, California will permit Remote Online Notarization (RON) as of January 1, 2024, according to Senate Bill 696. [11]
- The market study on e-notary software involves over 200 companies at both regional and global levels to understand their positioning. [24]
- Online notarization has been practical since 2011 in Virginia, followed by other states adopting RON legislation during the COVID-19 pandemic. [26]
- Virginia became the first state to authorize remote notarization via live audio-video technology in 2011. [25]
- Notarize opened its platform to independent notaries and title agents in 13 states since March 2020 and also hired thousands of notaries in Florida, Texas, Virginia, and Nevada. [25]
Competitive Landscape
- Docusign has been the industry leader in e-signature technology for over 20 years. [3]
- DocuSign introduced a new feature that allows users to securely sign documents from any device in July 2020. [42]
- Notarize partnered with Adobe to integrate its e-notary software into Adobe Acrobat in August 2020. [42]
- DocuSign acquired Austin-based startup Liveoak Technologies for $38 million in July 2020. [22]
- DocuSign founder Tom Gonser joined the Liveoak board last year when his firm, Seven Peaks Ventures, participated in an $8 million fundraising round at the Austin Company. [22]
- Mobile Notary Public Market Size is expected to hit USD 1,582.6 million by 2032 at an 18.2% CAGR. [22]
- The mobile notary public market is expected to grow at a moderate CAGR of 18.2% from 2022 to 2032. [22]
- Mobile notary public market size is anticipated to be valued at about USD 1,582.6 million by 2032 end. [22]
Customer Satisfaction And Experience
- According to a recent study, dealerships that embraced remote online notarization reported a 20% increase in customer satisfaction. [19]
- Incorporating remote online notary capabilities can boost conversion rates by up to 15%. [19]
- Notaries on the Notarize Network are always online and available 24/7. [36]
- Notaries typically get connected with signers in as little as 2 seconds. [36]
- According to Key Stat 9, a significant percentage of users have reported high satisfaction rates from using online notarization services. [28]
Legislative Developments
- Governor Newsom recently signed SB 696 into law, legalizing the state’s remote online notarization (RON). SB 696 will be implemented in phases starting January 1, 2024. [11]
- Alabama (Senate Bill 275), Georgia (Executive Order 06.30.21.02), Mississippi (Executive Order No. 1467), and Maine (through June 23rd, 2023, according to Executive Order 37 FY 19/20) have enacted legislation to permit online notarization. [11]
- 47 states and the District of Columbia have laws allowing for remote e-notarization. [18]
- The introduction and passage of RON legislation in the five remaining states and addressing the industry challenge in Connecticut are top MBA policy priorities, as well as the enactment of RON legislation introduced in Congress (S.1625). [33]
- The SECURE Notarization Act for ALL STATES? The act aims to establish nationwide standards for Remote Online Notarization services. [44]
Remote Notarization Process
- The online notary will apply their own eSignature and digital seal, ensuring that the document is legally valid in all 50 states. [37]
- A document notarized with RON will be considered legally valid in all 50 states, including those which have not yet legalized online notary services. [37]
- Online notarization involves credential analysis of the government-issued credential and the data on the credential that complies with 5 ILCS 312/6A-103. [27]
- All notaries, including those that only provide traditional in-person services, are required to keep a journal of all notarial acts performed, including the type of identification provided, for 10 years. [12]
- The verification procedures used for any personal appearance before the notary public must be recorded. [12]
- For electronic notarial acts, identification of the communication technology, certification authority, and verification providers used must be included. [12]
- Remote notarization involves notarizing tangible documents using an inked notary stamp and wet signature, while electronic notarization involves notarizing electronic documents with an electronic notary seal and electronic signature. [27]
Predictions And Future Trends
- Over the next three-to-five years, we see tremendous growth in eClosings and the implementation of RON, especially if it is legalized federally. [45]
- Notarization in 2024 is poised to trigger a surge in loan signings due to falling mortgage rates. [34]
- Notarization in 2024 is all about utilizing resources in an optimum way. [34]
- The anticipated surge in loan signings in 2024 presents unique opportunities for notaries. [34]
- Remote Online Notary Service Market Data and In-depth Analysis to 2030 predict a CAGR of 17.5%. [40]
- The global mobile notary public market is expected to reach a market valuation of USD 347.2 million by 2023. [46]
- The mobile notary public industry has benefited greatly from the rising popularity of remote work and the widespread adoption of electronic devices like smartphones, desktops, and laptops since 2020. [46]
Miscellaneous
- The Securing and Enabling Commerce Using Remote and Electronic Notarization Act of 2023 (SECURE Notarization Act) would permit immediate nationwide use of remote online notary (RON) with minimum standards and provide certainty for the interstate recognition of RON. [5]
- The digital certificate uses public key infrastructure technology and is X.509 compliant. [41]
- Notarize is an online notary service that operates around the clock, offering notarizations 24/7. [47]
- The Proof platform is supported and developed through security best practices and controls from industry standards and frameworks such as NIST and SOC 2. [36]
- The Notarize Network is on-demand, without an appointment, to meet customers 24/7. [7]
- The first online notarization and the first home to close 100% virtually (not in person) was on Notarize’s platform. [7]
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