Digital Transaction Management (DTM) Market – growing digitization and ecommerce coupled with growing functionality expected to result in a handsome market growth

Market Scenario In 2017, the global digital transaction market value stood at over USD 1,400 Mn and the figure is likely to grow to USD 5, Mn by the end of 2023, reflecting a double-digit CAGR during the review period ( ). Digital transaction management system significantly improves the efficiency and pace of work processes and make them more convenient. Increased internet penetration and growing popularity of digital payment modes, especially in fast-developing counties with high population density is a major factor supporting the growth of the market. Report Sample :

Report Overview This MRFR study examines the global market landscape of digital transaction management and offers a viewpoint on the growth opportunities of the market over the next five years, until It also assesses the opportunities and threats that market players are likely to come across during the review period. The study also covers an analysis of all the important parameters pertinent to digital transaction management market. A discussion on all the major digital transaction management solutions (e-signature, authentication, document archival and workflow automation) has been presented in the research document. The scope of discussion also covers digital transaction management components such as hardware, software and services. Browse Complete Report Details: transaction-management-market-1103https:// transaction-management-market-1103

Report Coverage Historical market trends, market dynamics, forecast, market value by region as well as by segmentation, country level analysis for each market segment, key player’s market share analysis and market factor analysis which covers supply chain and porter’s five forces analysis of the market. Research Methodology Market Research Future (MRFR) deploys its proven and fail-safe research frameworks for providing extensive analysis of relevant industries, drawing insights into the competitive landscape of markets. Our data analysts conduct market research using two fundamental methods-primary research and secondary research. The primary data is collected by conducting first hand interviews with operational and management level executives across the value chain.

Dominant Players: Some of the prominent players in digital transaction management market are DocuSign Inc. (U.S.), Oracle (U.S.), Apple (U.S.), ThinkSmart (U.S.), IBM Corporation (U.S.), Intel (U.S.), Microsoft Corporation (U.S.), Sony Corporation (Japan), HP (U.S.), eSignLive (Canada), and others. Regional Analysis: North America accounts for the largest share of the market, led by the U.S. owing to its large financial sector, being an economic powerhouse, presence of global players, faster uptake of new technology and first comer advantage. Europe is expected to be led by Germany, France and the U.K. The economic union of Europe with the Shenzhen agreement has provided an impetus to the market growth.

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