Digital Transaction Management Market: Surged Adoption of Digital Transactions in BFSI to Steer Growth


Published on : Dec 03, 2018

Albany, New York, December 3, 2018: Digital transaction management refers to cloud-based digital management of document based transactions. Enterprises are fast adopting digital transaction management system to attain operational efficiency. Ubiquity of high speed internet coupled with surged embracement of digital payment modes, besides evolving IT security matrix are accounted as major growth enablers of digital transaction management market. Such insightful market highlights have been extracted from Market Research Hub's (MRH) recent research report titled, 'Digital Transaction Management Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028' included in its voluminous online data archive.

E-Signatures: Trending in Digital Transaction Landscape

In a fast maturing digital transaction management market service providers are akin on providing superlative services with enhanced features such as e-signatures, compliance, and round the clock connectivity with several stakeholders such as audit and law. Additionally, connected devices also enable easy access irrespective of time and space.

Additionally, leading companies are diversifying their end-user portfolio to remain industry specific. In a recent development, Allianz, global provider of insurance services has partnered with Namirial, best known for its superlative digital transaction management suite. The former aims to replace the traditional signature process with Namirial’s cutting edge e-signature syetm, besides offering an elaborate digital transaction management suite. 

Solutions Component to Witness Surged Adoption during the Forecast Tenure

This research report on digital transaction management market offers decisive inputs on current market spectrum, inclusive of a detailed market definition, an executive summary of market dynamics such as trends, drivers, and restraints, besides offering a comprehensive outlook of market opportunities over the next couple of years, based on which market players can attain substantial competitive edge. To further ease decision making process amongst market players, this section of the report on digital transaction management market lends pivotal market details on prevalent market segments and factors that significant impact growth trajectory of digital transaction management market. Component, vertical, and end-user are identified as major segments. Based on component, digital transaction management market is splintered into solutions and services. In terms of vertical, retail, BFSI, healthcare, IT and telecom, travel and transportation, manufacturing, and government are identified as key verticals in digital transaction management market. By end-user, digital transaction management market demonstrates large enterprises, small and medium businesses as core end-user segments.

North America to Remain Most Lucrative through the Forecast Span

As the report progresses further, readers are also offered a detailed outlook of regional diversification and geographical scope, based on which digital transaction management market is splintered into key regions such as Eastern and Western Europe, North America, Latin America, Southeast Asia, Asia-Pacific, and Middle East and Africa.

Competition Matrix: Digital Transaction Management Market

In-depth research elements postulated in this section of the report allow readers to gauge across prevailing competitive landscape, elaborating on potential key players, their distinctive competitive strategies, market contribution, and revenue pools. Such insightful market highlights are expected to aid market players' investment decisions and business models thus strengthening their footing amidst stiff competition. Key players profiled in this section of the report include, Adobe Systems Incorporated; Namirial SPA; DocuSign Inc.; Nintex Global Ltd.; HELLOSIGN, ZorroSign, Inc.; AssureSign LLC; ThinkSmart LLC; Kofax, Inc. and eOriginal, Inc.

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