Global Digital Transaction Management Market Trends, Size, Share, Forecast - 2019-2025

The global digital transaction management market is growing significantly, at a CAGR of 16.3% during the forecast period (2019-2025). Digital transaction management is referred to a category of cloud services that are designed to manage document-based transactions in an entirely electronic manner. It essentially involves the streamlining the business processes by maintaining document processes completely digital. It assists in business automation; reductions of errors, overall lower operational cost, and secure and faster time to revenue in enterprises and financial institutions. There are various pivotal factors that are driving the global digital transaction management market, which includes the security concerns for personal information and favorable government initiatives for zooming the digitalization process in emerging economies, such as India.

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The digital revolution is disrupting the relationship between banks and their customers and the new features continuously appear for enhancing customer experience. A significant rise in the adoption of internet banking has been witnessed across the globe, coupled with the rising penetration of the internet and smartphones. In addition, increasing consumer demand for digital banking services has resulted in a number of technological advancements in the banking industry with AI and blockchain at the core of these digital transformations. However, the increasing concerns for fraudulent transactions and cyber-attacks will affect the growth of the market during the forecast period.

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Global Digital Transaction Management Market Segmentation

By Solution
• Electronic Signatures
• Document Digitization
• Workflow Automation
• Others (Authentication)

By Vertical
• BFSI
• Retail and Ecommerce
• IT & Telecom
• Government
• Others (Healthcare)

Regional Analysis
• North America
o United States
o Canada

• Europe
o UK
o Germany
o Italy
o Spain
o France
o Rest of Europe

• Asia-Pacific
o China
o India
o Japan
o Rest of Asia-Pacific

• Rest of the World

Company Profiles
• Adobe Inc.
• Ascertia Ltd.
• AssureSign LLC
• Conga
• DocuFirst
• DocuSign, Inc.
• eDoc Innovations
• Entrust Datacard Corp.
• eOriginal, Inc.
• HelloSign (JN Projects, Inc.)

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