Digital Transaction Management Market is valued at USD 2101.43 Million in 2020 and expected to reach USD 17424.16 Million by 2027 with the CAGR of 35.28% over the forecast period.
Scope of the Global Digital Transaction Management :
Digital transaction management (DTM) is growing as a category as businesses digitally transform. It is the process of managing routine documented-based tasks through electronic methods. Digital payment is a way of payment in which payer and payee both use digital modes to send and receive money. It is a cloud-based services designed to digitally manage document-based transaction. It is a seamless system involving one or more participants where transaction is effected without the need for cash. Its capabilities have shifted from basic functions like e-Signatures and eliminating paper to more advanced DTM like workflow and content automation. It takes the processes many businesses have traditionally conducted on paper like, proposals, contracts, forms, data assembly and agreements. It key advantage is to managing user documents and document-based tasks through digital channels business process streamlining, Government agencies, non-profits, enterprises and others.
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Digital Transaction Management Player Analysis:
DocuSign Inc., Insight Enterprise Inc., Namirial Spa, Mitratech, Assuresign, EuroNoVate, ZorroSign, eSignLive, eOriginal, Adobe, Ascertia, DocuFirst, eDOC Innovations, Entrust Datacard Corporation, Kofax Inc., Nintex UK Ltd., OneSpan
Digital Transaction Management Market Segmentation:–
By Solution Type
E-Signature
Authentication
Document Archival
Workflow Automation
Human Resource
Accounts payable
Accounts receivable
Contract management
Mailroom digitization
Others
Others
By Component
Hardware
Software
Services
By End-User
BFSI
Retail
IT & Telecom
Healthcare
Government
Others
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