Summary:
A New Study Title “Digital Transaction Management Market Size, Status And Forecast 2027” Has Been Featured On Market Research Future.

Market Analysis
Digital Transaction Management (DTM) Market value stood at over USD 1,400 Mn and the figure is likely to grow to USD 25.31 Billion by the end of 2030
Increasing Adoption of Cloud-Based Services and Expanding Internet Penetration
Digital Transaction Management (DTM) is a sort of cloud service that is used to manage document-based transactions digitally. This type of transaction system is utilized in place of the traditional approach to providing a more convenient, secure, and easier procedure based on a document, people, and data. DTM services aim to accelerate the signing of business agreements and contracts by digitizing the process in a quick, accurate, and secure manner.
Increased internet connectivity and the continuous acceptance of digital solutions for the management and automation of business and transaction management operations are projected to boost the digital transaction management market in the coming years. Furthermore, the increasing adoption of cloud-based services and expanding internet penetration are expected to enhance the market in the upcoming years. Furthermore, the growing trend of digitalization and the prevalence of digital payment methods are expected to fuel the market throughout the estimated period.
Market Segmentation
The global digital transaction management industry has been segmented into solution, component, and end-user.
By solution, the global digital transaction management market has been segmented into e-signature, authentication, document archival, and workflow automation.
By component, the global digital transaction management industry has been segmented into hardware, software, and services.
By end-user, the global digital transaction management market has been segmented into BFSI, Healthcare, Retail, and Government.
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Regional Analysis
North America to Dominate the Global Market
The North American region dominates the market for digital transaction management. The existence of a technically advanced economy and growing usage of cloud services in the North American area drive demand for the market for digital transaction management. Countries such as Canada, the United States, and Mexico have made considerable investments in the research and development of automation and cloud technologies.
Key Players
Market Research Future includes the following main players for digital transaction management market research study: DocuSign Inc. (U.S.), Insight Enterprise Inc. (U.S.), Namirial Spa (Italy), ThinkSmart (U.S.), Assuresign (U.S.), EuroNoVate (Switzerland), ZorroSign (U.S.), eSignLive (U.S.), eOriginal (U.S.).
Competitive Landscape
With a sizable number of regional and worldwide competitors, the global digital transaction management market is moderately competitive. The market is distinguished by the existence of a diverse set of companies. The providers are continually developing novel solutions that are in pace with technological advancements, thereby catering to the growing wants of customers across numerous end-user industry verticals.
Industry News
In June 2021, Nintex acquired AssureSign, an electronic signature pioneer and provider of digital transaction management (DTM) software, to satisfy customer demand for native eSignature capability within the Nintex Process Platform.
In April 2021 - Adobe introduced Adobe Experience Manager Assets Essentials to facilitate cross-team collaboration. Assets Essentials is a stripped-down version of Adobe Experience Manager Assets that streamlines digital asset storage, discovery, and distribution across marketing and creative teams. All Experience Cloud apps will use Assets Essentials as the default asset management experience.
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