'This has been the journey of our lives.
'We know that this fight continues, in spite of the outcome of this election'.
Gillum had conceded the race on election night, but withdrew his concession when the vote count became close.
He called for updating the state's election system to "bring it into the 21st century", but gave little indication of his future plans, saying only to "stay tuned".
The concession ended Gillum's first bid for statewide office in Florida, but the run - despite his loss - vaulted the 39-year old politician into the upper echelons of Democratic politics.
"And now that we are rounding that process out, R. Jai and I wanted to take a moment to congratulate Mr. DeSantis for becoming the next governor of the great state of Florida", he said. He will be a strong Democrat warrior long into the future - a force to reckon with!
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In the second half they dropped their level physically and we had a lot of chances, above all in the six yard box. Spain were left with virtually no time to respond, though, when left-back Jedvaj struck again in stoppage time .
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Gillum's announcement came as most Florida counties were winding down their hand recount in the state's contentious U.S. Senate race.
Mr Trump had also said there was "a lot of dishonesty" over contested votes.
The smattering of results publicly posted on Saturday showed that Democratic incumbent Bill Nelson was only gaining a few hundred votes in his bitter contest with outgoing governor Rick Scott, a Republican.
Counties across the state are in the middle of a hand recount for two statewide races including the race for U.S. Senate. More than 8 million voters cast ballots in the race. Because Gillum's race did not fall within the.25% standard that automatically triggers a manual recount, there was nowhere near the number of votes need for Gillum to close the gap. A lawsuit connected to the U.S. Senate recount led a judge to grant voters until 5 p.m.to verify their ballots.
"The ballots are in the building, " Snipes tells members of the canvassing board responsible for doing the hand recount.
On Saturday, the top elections official in Broward County acknowledged publicly that her office had misplaced more than 2,000 ballots.