The Digital Transaction Management Market Is Expected To Grow At A CAGR Of 25% From 2022 To 2032

250-page market study on digital transaction management by Fact MR, a leading business and competitive intelligence provider

ICT companies are widely adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue to work from home. The emphasis on rapid automation, the use of real-time operation in various end-use sectors such as automotive, food and beverage and others will drive growth.

The report offers actionable and valuable insights into the Digital Transaction Management market. The latest report from Fact.MR provides details about the current market scenario across different regions along with the historical data and forecast of the market. The report also includes information on sales and demand for the Digital Transaction Management market across various industries and regions.

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The global digital transaction management market revenue was estimated at USD 8.01 billion in 2021 and is projected to grow at a CAGR of 25% from 2022 to 2032. The market is estimated to reach USD 93.25 billion by the end of 2032.

Market research by Fact.MR gives exclusive insights on market growth. The study identifies crucial trends driving the growth of the Digital Transaction Management market. This newly released report sheds light on vital dynamics, such as drivers, restraints, and opportunities for major market players as well as emerging players associated with production and supply. Fact.MR Latest Report Provides Detailed Analysis of the Digital Transaction Management Market

This newly released and insightful report sheds light on the Digital Transaction Management Market insights, key dynamics, their impact on the overall value chain from vendors to end users and the Digital Transaction Management Market growth.

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Key Segments Covered by the Digital Transaction Management Industry Survey
By Component
Digital Transaction Management Software Digital Transaction Management
Hardware Digital Transaction Management
By Solutions
Digital Transaction Document Archiving
Workflow Automation Digital Transaction Management Digital Transaction
Authentication Digital Transaction Management
Solutions for Electronic Signatures
By End User
Digital Transaction Management for SMBs
Digital Transaction Management for Large Enterprises
By Vertical
Digital Transaction Management for BFSI Digital Transaction
Management for IT & Telecom
Digital Transaction Management for Real Estate
Digital Transaction Management for Retail
Digital Transaction Management for Healthcare
Digital Transaction Management for Government

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Key insights from the market research
By the end of 2022, the market is expected to reach a global market size of US$10.01 billion.
Globally, North America accounted for over 33.5% of revenue in 2022.
Hardware-based digital transaction management systems will dominate the market in 2022, with a revenue share of over of 40.5%
More than 38.4% of market revenue was generated by the electronic signature segment in 2021
More than 55.5% of market revenue in 2022 will be represented by large enterprises.
The increase in the size of companies in a context of increasing interconnection has prompted all companies to integrate very robust transaction management solutions, paving the way for digital transaction management platforms, concludes an analyst from Fact.MR.

Competitive Landscape
Digital transaction management solutions provided by market players have been enriched with innovative features such as automated reminders, seamless document generation, automated tracking and customizable workflows. Additionally, vendors develop solutions that comply with various standards regarding global security conditions as well as auditing agreements.

In September 2021, OneSpan announced that BankID, a personal electronic identification used by all Norwegian banks, will use OneSpan’s anti-fraud and cloud authentication solutions.
Nintex introduced its Nintex Workflow Builder as part of its Nintex Promapp service in 2019 to automate the process of creating workflows.
Dropbox acquired HelloSign in March 2019 for US$230 million. HelloSign’s flagship service, WelcomeWorks WCA, is one of the reasons for its success.

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Key Question Answered in the Digital Transaction Management Market Report Survey:

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Market Growth Market

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Fact.MR, in its new report, offers an unbiased analysis of the Digital Transaction Management market, sales and demand for Digital Transaction Management, analyzing forecast statistics to 2019 and beyond. The study reveals growth projections based on various criteria.

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