Digital Transaction Management Market

Digital Transaction Management Market: Manufacturing Vertical Segment Expected to Remain Dominant During the Forecast Period: Global Industry Analysis (2013 - 2017) & Opportunity Assessment (2018 - 2028)

  • 2018-09-20
  • REP-GB-5660
  • 225 pages
  • PDF PPT EXCEL
Digital Transaction Management Market

An Incisive, In-depth Analysis on the Digital Transaction Management Market

This study offers a comprehensive, 360 degree analysis on the Digital Transaction Management market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Digital Transaction Management market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.

With technical advancements in the software industry, the world is moving towards a digital transformation. xDTM is an industry standard for the developers of digital transaction management software and services. Digital transaction management software and solutions have emerged as an innovative category of cloud services that are designed to digitally manage document-based transactions. By using the digital transaction management solutions and services, organisations remove the friction produced during transactions that involves people, documents and data to develop fast, secure, convenient and secure processes. The adoption of digital transaction management is growing rapidly and, in the coming future, it will embrace and consume several parts of paper documents. Digital transaction management provides a number of benefits to organisations, which include a reduction in transaction time and improvements in the customer experience. Digital transaction management has some basic elements that include automation or workflow, assembly, electronic signature and others.

Digital transaction management developers, digital transaction management service providers and governments in countries such as the U.K. are primarily focused on adopting digital transaction technologies to manage their paper work digitally and in an organised way. Companies in several regions have adopted and developed digital transaction management technology for multiple services, especially in the U.K. and Germany, owing to collaborations between companies as well as increases digitalisation.

Due to the safety and security issues of documents, the digital transaction management solutions adopted in several industries, such as healthcare, transportation, manufacturing, BFSI, and retail, have the ability to provide complete protection. These digital transaction management solutions can also be used by health professionals to manage the documents of any patient digitally in the hospital. Data transaction management solutions can provide a large amount of data for the identification of a person in emergencies. In several countries, such as the U.S., Germany, the U.K. and Australia, large enterprises have adopted digital transaction management services as they include vital information such as the transaction document, health related documents, insurance as well as the retirement benefits of holders.

Digital transaction management services are adopted by several large and small enterprises throughout the world. At the same time, the rapid adoption of cloud-based services and the introduction of more stringent IT security frameworks is also reflecting favourably on the prospects of the digital transaction management market. On the other hand, the baking sector continues to incline towards cloud services, which is likely to create opportunities for market players in the forthcoming years. However, cyber-attacks and digital fraudulence are some of formidable challenges for the market due to the increasing usage of digital technologies such as the cloud, Big Data, IoT and artificial intelligence in businesses.

The primary factor driving the digital transaction management market in several regions and countries, especially in Europe, Japan, China and Australia, is the commercial adoption of digitalisation. The revenue generated by the global digital transaction management market is estimated to exhibit a double-digit CAGR owing to which it is expected to reach US$ 16,284.7 Mn by 2028. On the basis of access of digital transaction management, the solutions sub-segment in the digital transaction management market is estimated to hold the largest share in 2028 and the services sub-segment is also expected to exhibit a double-digit CAGR. On the basis of vertical, the BFSI sub-segment in the digital transaction management market is estimated to hold approximately 21.9% of the market share in 2028.

The digital transaction management market in North America is expected to witness the highest growth in the global market owing to the increasing usage of digital transaction management as organised information in several regions, especially the Western European digital transaction management market, North American digital transaction management market and SEA & Others of APAC digital transaction management market.

Some of the key vendors in the digital transaction management market are Adobe Systems Incorporated; Namirial SPA; DocuSign Inc.; Nintex Global Ltd.; HELLOSIGN; ZorroSign, Inc.; AssureSign LLC; ThinkSmart LLC; Kofax, Inc. and eOriginal, Inc.

Report Synopsis

Future Market Insights offers a 10-year forecast for the global digital transaction management market between 2018 and 2028. In terms of value, the digital transaction management market is expected to register a CAGR of 30.5% during the forecast period. This study demonstrates the digital transaction management market dynamics and trends globally across eight regions: North America, Latin America, Western Europe, Eastern Europe, SEA and Others of Asia Pacific, Japan, China and MEA, which influence the current nature and future status of the digital transaction management market over the forecast period.

Report Description

This research report provides a detailed analysis of the digital transaction management market and offers insights on the various factors driving the popularity of digital transaction management and their features. It includes an extensive analysis of key industry drivers, challenges, market trends and market structure. The digital transaction management market study provides a comprehensive assessment of stakeholder strategies and imperatives for succeeding in the business. It segregates the market based on component, vertical, end user and across different regions worldwide.

The digital transaction management market is expected to witness significant revenue growth during the forecast period owing to the increasing adoption of digital transformation throughout the world.

The digital transaction management market report starts with an overview of the digital transaction management market in terms of value. In addition, this section includes the analysis of key trends, drivers, & challenges from the supply, demand & economy side, which are influencing the digital transaction management market.

On the basis of component, the digital transaction management market is segmented into solutions and services.

On the basis of vertical, the digital transaction management market is segmented into retail, BFSI, healthcare, IT & telecommunication, travel & transportation, manufacturing, government and others.

On the basis of end user, the digital transaction management market is segmented into large enterprises and small & midsized enterprises.

A detailed analysis has been provided for every segment in terms of market size analysis for the digital transaction management market across different regions. The section provides a detailed analysis covering key trends in the digital transaction management market.

The next section highlights a detailed analysis of the digital transaction management market across various countries in the region. It provides the digital transaction management market outlook for 2018–2028 and sets the forecast within the context of the digital transaction management market, including latest technological developments as well as offerings in the digital transaction management market. This study discusses key trends within countries contributing to growth of the digital transaction management market, as well as analyses degrees at which drivers are influencing this digital transaction management market in each region. Key regions and countries assessed in this report include North America (U.S. and Canada), Latin America (Brazil, Mexico and the rest of Latin America), Western Europe (Germany, Italy, France, U.K., Spain, BENELUX, and the rest of Western Europe), Eastern Europe (Russia, Poland, and the rest of Eastern Europe), SEA & Others in Asia Pacific (India, Oceania, ASEAN, and the rest of SEA & APAC), Japan, China, and MEA (Northern Africa, GCC countries, Turkey, South Africa and the rest of MEA). This report evaluates the present scenario and the growth prospects of the digital transaction management market across various regions worldwide for the period 2018 –2028. We have considered 2017 as the base year and provided data for the remaining 12 months.

To offer an accurate forecast, we have started by sizing the current digital transaction management market, which forms the basis of how the digital transaction management market will grow in the future. Given the characteristics of the digital transaction management market, we have triangulated the outcome of different types of analysis based on technology trends.

As previously highlighted, the global digital transaction management market is split into a number of segments. All segments in terms of component, vertical, end user and different regions are analysed in terms of basis points to understand an individual segment’s relative contribution to the growth of the digital transaction management market. This detailed level of information is important for the identification of various key trends of the global digital transaction management market.

Also, another key feature of this report is the analysis of all key segments in terms of absolute dollar opportunity. This is traditionally overlooked while forecasting the market. However, absolute dollar opportunity is critical in assessing the level of opportunity that a provider can look to achieve, as well as to identify potential resources from a sales and delivery perspective in the global digital transaction management market.

In the final section of the report, we have included a competitive landscape to provide clients a dashboard view based on the categories of providers in the value chain, their presence in the digital transaction management market and key differentiators. This section is primarily designed to provide clients an objective and detailed comparative assessment of key providers specific to a digital transaction management market segment in the digital transaction management supply chain, and the potential players for the same. Report audiences can gain segment-specific vendor insights to identify and evaluate key competitors based on an in-depth assessment of their capabilities and success in the marketplace. Detailed profiles of providers are also included in the scope of the report to evaluate their long-term and short-term strategies, key offerings and recent developments in the digital transaction management market. Key competitors covered are Adobe Systems Incorporated; Namirial SPA; DocuSign Inc.; Nintex Global Ltd.; HELLOSIGN, ZorroSign, Inc.; AssureSign LLC; ThinkSmart LLC; Kofax, Inc. and eOriginal, Inc.

Key Segments Covered:

  • By Component

    • Solutions

    • Services

  • By Vertical

    • Retail

    • BFSI

    • Healthcare

    • IT & Telecommunication

    • Travel & Transportation

    • Manufacturing

    • Government

    • Others

  • By End User

    • Large Enterprises

    • Small and Midsize Business

Key Regions Covered:

  • North America Digital Transaction Management Market

    • U.S.

    • Canada

  • Latin America Digital Transaction Management Market

    • Brazil

    • Mexico

    • Rest of Latin America

  • Western Europe Digital Transaction Management Market

    • Germany

    • Italy

    • France

    • U.K.

    • Spain

    • BENELUX

    • Rest of Western Europe

  • Eastern Europe Digital Transaction Management Market

    • Russia

    • Poland

    • Rest of Eastern Europe

  • SEA and Others of APAC Digital Transaction Management Market

    • India

    • Oceania

    • ASEAN

    • Rest of SEA & Others of APAC

  • China Digital Transaction Management Market

  • Japan Digital Transaction Management Market

  • MEA Digital Transaction Management Market

    • GCC Countries

    • Turkey

    • South Africa

    • North Africa

    • Rest of MEA

Digital Transaction Management Market Reports - Table of Contents

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