Market Overview:
The global digital transaction management (DTM) platform market is expected to grow from USD 1.02 billion in 2018 to USD 2.48 billion by 2030, at a CAGR of 12.8% during the forecast period. The growth of the DTM platform market can be attributed to the increasing demand for secure and efficient digital transaction management solutions and services across various industries. Furthermore, the growing need for reducing fraudulent activities and improving customer experience is also fueling the growth of this market.
Platform Industry Outlook.svg)
Product Definition:
A digital transaction management (DTM) platform is a software system that enables businesses to manage their digital transactions. It provides a secure environment for conducting business online, and helps businesses to keep track of their transactions and comply with government regulations. The importance of a DTM platform lies in its ability to provide security and compliance for online transactions, as well as its ability to help businesses manage their digital records.
Solution:
Solution is a set of technologies that help in simplifying and accelerating the process of digital transactions. It helps to overcome issues such as lack of trust, security, and efficiency in financial systems. The growth factor for solution market is increasing adoption across different industry verticals due to its benefits such as faster transaction processing time along with reducing operational cost & risk involved during the process.
Service:
Service is a set of processes and practices for delivering value-added benefits to customers. It includes the delivery of products and services, support & maintenance, consulting services, training & education along with other value-added benefits such as loyalty programs. Service helps in improving customer experience by reducing the time to market new products or services; it also helps in retaining existing customers.
In today’s digital world where people prefer using various electronic devices such as mobile phones.
Application Insights:
The IT and telecommunication segment dominated the global demand with a share of over 30.0% in 2017. The growth can be attributed to the rising need for streamlining business processes across various departments, which include sales and marketing, product management, accounting and finance, human resources, information technology (IT) and telecom services. In addition to this factor is the growing adoption of these solutions by companies operating in this sector for improving customer experience as well as increasing operational efficiency.
The BFSI segment is expected register a significant CAGR from 2018 to 2030 owing to increased digitization efforts across banks worldwide coupled with an increase in e-commerce transactions taking place through banking channels. This has led financial institutions worldwide towards adopting DTM platforms that offer real-time visibility into both online & offline transactions taking place within bank channels thus driving industry growth over the forecast period.
Regional Analysis:
The North American regional market dominated the global demand in 2017. The growth of this region can be attributed to the presence of a large number of digital transaction management platform providers, including IBM Corporation; Oracle Corporation; Microsoft Corporation; and Google LLC. These companies are continuously investing in research & development activities to develop advanced DTM solutions that meet the growing needs and requirements of enterprises and consumers across various industries.
Asia Pacific is expected to emerge as a lucrative regional market over the forecast period owing to increasing adoption by service industry players for managing their customer interactions through digital channels such as mobile, web, chatbots, social media platforms, etc., thereby reducing costs associated with traditional call center operations. Moreover Digital India program by Indian government aims at providing access services (such as education and healthcare) through internet using smart devices called e-wallets or e-passbooks instead of cash transactions which will further boost demand for DTM platforms in Asia Pacific region over the forecast period.
Growth Factors:
- Increasing demand for DTM from small and medium businesses (SMBs) due to the growing need for efficient and secure ways to manage transactions.
- The increasing trend of online and mobile shopping, which is driving the need for better transaction management tools among merchants.
- The rising popularity of cloud-based solutions, which is making DTM more accessible and affordable for businesses of all sizes.
- The growing demand for digital payments solutions, as more consumers shift towards electronic payments methods.
- The increasing use of blockchain technology in business applications, which is creating new opportunities for DTM providers to offer innovative solutions
Scope Of The Report
Report Attributes
Report Details
Report Title
Digital Transaction Management (DTM)Platform Market Research Report
By Type
Solution, Service
By Application
IT and Telecommunication, BFSI, Media and Entertainment, Travel and Transportation, Government, Healthcare, Retail
By Companies
DocuSign Inc., Fluix, Kofax Inc., Captricity, Box, Namirial Spa, ZorroSign Inc., Insight Enterprises Inc., AssureSign LLC, ThinkSmart LLC, eOriginal, Inc., Euronovate S.A., DocuFirst, OneSpan, HelloSign, Accusoft Corporation, Connective
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
240
Number of Tables & Figures
168
Customization Available
Yes, the report can be customized as per your need.
Global Digital Transaction Management (DTM)Platform Market Report Segments:
The global Digital Transaction Management (DTM)Platform market is segmented on the basis of:
Types
Solution, Service
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
IT and Telecommunication, BFSI, Media and Entertainment, Travel and Transportation, Government, Healthcare, Retail
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- DocuSign Inc.
- Fluix
- Kofax Inc.
- Captricity
- Box
- Namirial Spa
- ZorroSign Inc.
- Insight Enterprises Inc.
- AssureSign LLC
- ThinkSmart LLC
- eOriginal, Inc.
- Euronovate S.A.
- DocuFirst
- OneSpan
- HelloSign
- Accusoft Corporation
- Connective
Platform Market Overview.svg)
Highlights of The Digital Transaction Management (DTM)Platform Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Solution
- Service
- By Application:
- IT and Telecommunication
- BFSI
- Media and Entertainment
- Travel and Transportation
- Government
- Healthcare
- Retail
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Digital Transaction Management (DTM)Platform Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
Platform Market Statistics.svg)
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A Digital Transaction Management (DTM)Platform is a software platform that helps organizations manage and monitor their digital transactions. It provides an automated, centralized, and secure platform for managing all aspects of digital transactions, including customer interactions, order processing, and financial data.
Some of the major players in the digital transaction management (dtm)platform market are DocuSign Inc., Fluix, Kofax Inc., Captricity, Box, Namirial Spa, ZorroSign Inc., Insight Enterprises Inc., AssureSign LLC, ThinkSmart LLC, eOriginal, Inc., Euronovate S.A., DocuFirst, OneSpan, HelloSign, Accusoft Corporation, Connective.
The digital transaction management (dtm)platform market is expected to grow at a compound annual growth rate of 12.8%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Digital Transaction Management (DTM)Platform Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Digital Transaction Management (DTM)Platform Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Digital Transaction Management (DTM)Platform Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Digital Transaction Management (DTM)Platform Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Digital Transaction Management (DTM)Platform Market Size & Forecast, 2018-2028
4.5.1 Digital Transaction Management (DTM)Platform Market Size and Y-o-Y Growth
4.5.2 Digital Transaction Management (DTM)Platform Market Absolute $ Opportunity
Chapter 5 Global Digital Transaction Management (DTM)Platform Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Digital Transaction Management (DTM)Platform Market Size Forecast by Type
5.2.1 Solution
5.2.2 Service
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Digital Transaction Management (DTM)Platform Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Digital Transaction Management (DTM)Platform Market Size Forecast by Applications
6.2.1 IT and Telecommunication
6.2.2 BFSI
6.2.3 Media and Entertainment
6.2.4 Travel and Transportation
6.2.5 Government
6.2.6 Healthcare
6.2.7 Retail
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Digital Transaction Management (DTM)Platform Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Digital Transaction Management (DTM)Platform Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Digital Transaction Management (DTM)Platform Analysis and Forecast
9.1 Introduction
9.2 North America Digital Transaction Management (DTM)Platform Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Digital Transaction Management (DTM)Platform Market Size Forecast by Type
9.6.1 Solution
9.6.2 Service
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Digital Transaction Management (DTM)Platform Market Size Forecast by Applications
9.10.1 IT and Telecommunication
9.10.2 BFSI
9.10.3 Media and Entertainment
9.10.4 Travel and Transportation
9.10.5 Government
9.10.6 Healthcare
9.10.7 Retail
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Digital Transaction Management (DTM)Platform Analysis and Forecast
10.1 Introduction
10.2 Europe Digital Transaction Management (DTM)Platform Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Digital Transaction Management (DTM)Platform Market Size Forecast by Type
10.6.1 Solution
10.6.2 Service
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Digital Transaction Management (DTM)Platform Market Size Forecast by Applications
10.10.1 IT and Telecommunication
10.10.2 BFSI
10.10.3 Media and Entertainment
10.10.4 Travel and Transportation
10.10.5 Government
10.10.6 Healthcare
10.10.7 Retail
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Digital Transaction Management (DTM)Platform Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Digital Transaction Management (DTM)Platform Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Digital Transaction Management (DTM)Platform Market Size Forecast by Type
11.6.1 Solution
11.6.2 Service
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Digital Transaction Management (DTM)Platform Market Size Forecast by Applications
11.10.1 IT and Telecommunication
11.10.2 BFSI
11.10.3 Media and Entertainment
11.10.4 Travel and Transportation
11.10.5 Government
11.10.6 Healthcare
11.10.7 Retail
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Digital Transaction Management (DTM)Platform Analysis and Forecast
12.1 Introduction
12.2 Latin America Digital Transaction Management (DTM)Platform Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Digital Transaction Management (DTM)Platform Market Size Forecast by Type
12.6.1 Solution
12.6.2 Service
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Digital Transaction Management (DTM)Platform Market Size Forecast by Applications
12.10.1 IT and Telecommunication
12.10.2 BFSI
12.10.3 Media and Entertainment
12.10.4 Travel and Transportation
12.10.5 Government
12.10.6 Healthcare
12.10.7 Retail
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Digital Transaction Management (DTM)Platform Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Digital Transaction Management (DTM)Platform Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Digital Transaction Management (DTM)Platform Market Size Forecast by Type
13.6.1 Solution
13.6.2 Service
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Digital Transaction Management (DTM)Platform Market Size Forecast by Applications
13.10.1 IT and Telecommunication
13.10.2 BFSI
13.10.3 Media and Entertainment
13.10.4 Travel and Transportation
13.10.5 Government
13.10.6 Healthcare
13.10.7 Retail
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Digital Transaction Management (DTM)Platform Market: Competitive Dashboard
14.2 Global Digital Transaction Management (DTM)Platform Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 DocuSign Inc.
14.3.2 Fluix
14.3.3 Kofax Inc.
14.3.4 Captricity
14.3.5 Box
14.3.6 Namirial Spa
14.3.7 ZorroSign Inc.
14.3.8 Insight Enterprises Inc.
14.3.9 AssureSign LLC
14.3.10 ThinkSmart LLC
14.3.11 eOriginal, Inc.
14.3.12 Euronovate S.A.
14.3.13 DocuFirst
14.3.14 OneSpan
14.3.15 HelloSign
14.3.16 Accusoft Corporation
14.3.17 Connective
