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Digital Transaction Management Market – Industry Analysis and Forecast (2020-2027)
Maximize Market Research's latest report, " Digital Transaction Management Market Demand Analysis and Opportunity Outlook 2027", offers a comprehensive analysis of the market. It provides market segments by type and shape, as well as end-user industries and regions.
Global Digital Transaction Management Market was valued US$ 5.36 Bn in 2019 and is expected to reach US$ 18.60 Bn by 2027, at a CAGR of 19.45 % during a forecast period.
Digital Transaction Management Market Overview
Digital transaction management is the cloud-based service, which is used to manage document-based transactions digitally. DTM removes the manual or paper-based tasks by computer, e-signature, authentication, document archival and others. Digitization has extremely disruptive for many large and established industries. The DTM solution has more than 50 million users across the globe. It removes the friction, which exists in paper-based workflows.
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Digital Transaction Management Market Major Market Players
• DocuSign Inc.
• Insight Enterprise Inc.
• Namirial Spa
• ThinkSmart
• Assuresign
• EuroNoVate
• ZorroSign
• ESignLive
• EOriginal
• Nintex Global Ltd
• Box
• Kofax
• Paypal
• Adobe
• OneSpan
• Entrust Datacard Corporation.
• Ascertia
• Kofax Inc.
The Market Impact of COVID-19
The COVID-19 epidemic has quickly spreaded since its inception in Wuhan (China), in December 2019.
All around the globe. As of March 2020, the US and China were the most affected. The COVID-19 crisis has had a significant impact on many countries, resulting in travel bans or lockdowns. Industries. This outbreak has severely affected the food and beverage industries.
This includes office closures, cancellations of technology events, and supply chain disruptions. China is the world's largest manufacturing country and has the largest number of raw material suppliers. COVID-19 has an adverse effect on overall production because it closes factories and creates supply chain challenges. Market growth.
Segmentation of Digital Transaction Management Market by Types and Applications:
Global Digital Transaction Management Market, By Component
• Software
• Hardware
• Services
Global Digital Transaction Management Market, By Solution
• E-Signature
• Authentication
• Document Archival
• Workflow Automation
• Others
Global Digital Transaction Management Market, By Industry
• Commercial
• BFSI
• Retail
• IT & Telecom
• Healthcare
• Government
• Others
Global Digital Transaction Management Market, By Region
• North America
• Europe
• Asia Pacific
• South America
• Middle East& Africa
The report has covered the market size by country (regions) for the Digital Transaction Management market.
Analysis of the Digital Transaction Management Market Share and Competitive Landscape:
This report provides a detailed analysis of the Digital Transaction Management Market for all stakeholders. . It also contains historical and forecasted market size information. Trends are also included in the report. The report is simple and simplifies complicated data using simple language. This report includes information on all aspects of the industry, as well as key players like market leaders, followers and new entrants. The report includes a PORTER, SVOR and a PESTEL analysis. The report also analyzes the potential market impact of microeconomic variables. This report examines both internal and external factors that can have a positive or negative effect on the business. This report will provide a clear view of the industry for decision-makers.
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