Press release
Digital Transaction Management Market 2018 Increasing Implementation Of It Security And Cloud Based Services Are The Factors Responsible For Driving The Growth
Digital Transaction Management (DTM) is basically a tool for business process management and is designed to digitally manage documents-based transaction. This tool include document 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.
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Top Industry Player’s
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.
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 of application, 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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