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Digital Transaction Management Market to Expand at a CAGR of over 30% throughout 2028

Press release Description

Albany, New York, January 31, 2019: Streamlining business processes through keeping document processes fully digital and introducing digital signatures and centralized storage solutions aimed at business automation, overall cost reduction and faster time to revenue have become imperative. Embracement of digital transaction management software application has risen considerably among consumers. Given digital transformation is about end-to-end process, it becomes indispensable in integrating departments and different processes within an organization, thereby lessening errors and increasing efficiency, along with making it convenient to do business with customers and clients.

At the time when documents persist to be the currency of conducting business, disruptive technologies such as advanced DTM and blockchain are paving the direction for the future of digital transaction management market. These excerpts are according to the report titled, “Digital Transaction Management Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” which has been lately added to the extensive repository of Market Research Reports Search Engine (MRRSE).

Significant demand emanating for digital transaction management platform solution could be attributed to sophisticated security and faster transactions. Assessing a host of factors in terms of market share, digital transaction management market is estimated to expand at an impressive CAGR of over 30 % during the forecast period 2018-2028.

Lately, various regions have received investments from companies for the embracement of digital transaction management solutions. Predominantly, governments are keen on adopting the DTM software and tools for interoperability, security, accessibility, scalability, universality and privacy. Banking, financial services and insurance (BFSI), transport sectors and healthcare are vying to adopt the DTM solution.

Digital Transaction Management Market: Report Content

The report offers a quantitative and qualitative analysis on the digital transaction management market through assessment on the drivers, trends, opportunities and trends which have significant impact on the growth of digital transaction management market. Besides, the report also segregates the digital transaction management market to provide an in-depth view on digital transaction management. The market is segmented with regards to component, vertical, end user and regions.

The report starts with the executive summary followed by macroeconomic factors and value chain. The final section of the report delves into the competitive scenario to provide a dashboard view on the basis of providers’ categories in the value chain, key differentiators and their presence in the market. Further, the report also analyzes company overview, financial overview, sales footprint, product offerings and strategies such as marketing strategies, product strategies and channel strategies. The report also sheds light on the companies in the digital transaction management market. A few of the companies incorporated in the report are DocuSign Inc., Adobe Systems Incorporated, Nintex Global Ltd., AssureSign LLC, Kofax Inc., ThinkSmart LLC, eOriginal, ZorroSign Inc., HELLOSIGN and Namirial SPA.

Digital Transaction Management Market: Research Methodology

The research methodology in this report incorporates of primary resources, secondary resources, and assessment from experienced panel of expert. Primary resources consists of e-mail interactions, telephonic interviews, and reviews of the digital transaction management market across various regions. Secondary resources in the report embody investors’ presentation, annual reports, SEC filings, government document, World Bank database, market reports, relevant patent and regulatory database. Panel of expert rigorously assesses the report to provide readers with actionable insights. The assessment of the digital transaction management market across region is done on the basis of Y-o-Y growth. Moreover, the analysis of the report has been done on the basis of absolute dollar opportunity analysis.

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