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Digital Transaction Management (DTM) Market : Advancement of Technology & upcoming Future

01-23-2018 02:53 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Xpodence Research

Digital Transaction Management (DTM) Market : Advancement

Digital Transaction Management (DTM) is basically a tool for business process management and is designed todigitally manage documents-based transaction. This tool includedocument transfer and certification, e-signatures, authentication and nonrepudiation, and secures archiving. In addition, it involves various processes that manages electronic transactions and the documents associated with them. DTM involves streamlining business process by keeping document processes digital. It creates an automation for businesses, reduce the overall cost and has a faster turnaround time.

Growing demand for cloud-based services across the globe, increasing digitalization initiatives in developing regions and growing number of SME’s are some of the drivers that are expected to boost the growth of Digital Transaction Management (DTM) market. Integration of these systems onto the already existing IT infrastructure is expected to hinder the growth of Digital Transaction Management (DTM) market to a certain extent.

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The global Digital Transaction Management (DTM) market can be segmented on the basis of component type, product type, deployment type, application and region. On the basis of component type, the global Digital Transaction Management (DTM) market can be segmented into software and services. The services segment can be further broken down into consulting, integration, managed and maintenance and support services. On the basis of product type, the global digital transaction management market can be segmented into authentication, e-signatures, non-repudiations and workflow automation. On the basis of deployment type, the global Digital Transaction Management (DTM) market can be segmented into on-premise and cloud-based.On the basis ofapplication, the global Digital Transaction Management (DTM) market can be segmented into banking, financial service and insurance (BFSI), healthcare, IT & Telecommunication, tourism,media and entertainment, retail, government and others. On the basis of region, the global Digital Transaction Management (DTM) market can be segmented into North America, Europe, Middle East & Africa, Asia-Pacific, and Latin America.Currently North America accounts for the largest share of the global Digital Transaction Management (DTM) market and other regions such as Asia-pacific is anticipated to grow at a high CAGR during the forecast period.

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Some of the key players in the global Digital Transaction Management (DTM) market include Oracle Corp., HP Inc., Citrix Systems Inc., DocuSign Inc., Microsoft Corporation, Esignlive, Thinksmart, Kofax, Captricity and Fluix.

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Xpodence Research have the most extensive collection of market research reports of many categories. Xpodence Research provides the best market research solution for every industry by publishing the best possible results of great market research firms worldwide. For every particular problem, there’s a particular solution, so according to the customer needs, we provide the best possible results to them from different market research organization, whether it’s a Custom Research or Syndicated Research reports because the product that wins is the one that bridges customers to the future, not the one that requires a giant leap.

Every organization, whether it is related to Pharmaceuticals, Technology, Eatables, Consumable Goods and many more demands a market research results so that they can take important decisions for more productivity and better output in this swift world. Xpodence Research gives the best possible outcome, perfect forecast, analysis and insights of market research in the form of report which is beneficial for various organisations and also to the manufacturing companies in taking the best decisions for quality production.

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