The Asia Pacific Digital Transaction Management Market would witness market growth of 27.4% CAGR during the forecast period (2021-2027).
A lot of firms now provide apps that allow for proximity transactions. Transactions conducted through a merchant's POS terminal at a retail store are sometimes called as in-store Transactions or in-location Transactions. Proximity Transactions are especially enabled for short distances and function if both payer as well as the payee are located in the same location. To begin a mobile money transaction, this technology employs either barcodes or contactless interfaces. This is accomplished via Near-field communication (NFC)-based technology on an NFC-enabled phone, which has detailed information on the cloud-based mobile wallet or debit/credit card. This payee information is held on a chip in the POS terminal that is read by an NFC reader.
China has the fast growing market for digital transaction management in the area, followed by Japan and South Korea. With the fast use of digital transformation technologies, China, as a rising country, is growing economically and socially. China is a market leader in e-commerce transactions, and it is expected to generate more income than the United States throughout the projected period. To arrange papers, most major and small businesses in China are rapidly implementing digital transaction management systems and services.
During 2021 and 2027, the digital transaction management market in India region is expected to develop at a considerable CAGR. DTM demand has exploded in rising economies in Southeast Asia and the Pacific, including India, ASEAN nations, Australia, and New Zealand. The primary factor driving market expansion in India is an increase in demand for innovations in payment technology along with integrated payment solutions. Numerous providers of electronic signature and digital transaction management solution in India have been working on developing new and updated solutions in recent years to suit the rising expectations of consumers and keep up with document management improvements.
The China market dominated the Asia Pacific Digital Transaction Management Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $2,717.1 million by 2027. The Japan market is exhibiting a CAGR of 26.6% during (2021 - 2027). Additionally, The India market would display a CAGR of 28.2% during (2021 - 2027).
Based on Component, the market is segmented into Hardware, Software and Services. Based on Vertical, the market is segmented into BFSI, IT & Telecom, Government, Retail, Healthcare, Real Estate, Utilities and others. Based on Organization Size, the market is segmented into Large Enterprises and Small & Medium Enterprises. Based on Solution, the market is segmented into Electronic Signatures, Workflow Automation, Authentication, Document Archival and Others. Based on countries, the market is segmented into China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Digital Transaction Management Market is Projected to reach USD 30.5 Billion by 2027, at a CAGR of 25.5%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Ascertia, DocuFirst, eDoc Innovations, Inc., Docusign, Inc., OneSpan, Inc., Entrust Corporation, Kofax, Inc., Nintex, Inc., Wolters Kluwer N.V., and Adobe, Inc.
Scope of the Study
Market Segments Covered in the Report:
By Component
- Hardware
- Software
- Services
By Vertical
- BFSI
- IT & Telecom
- Government
- Retail
- Healthcare
- Real Estate
- Utilities
- others
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Solution
- Electronic Signatures
- Workflow Automation
- Authentication
- Document Archival
- Others
By Country
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
Key Market Players
List of Companies Profiled in the Report:
- Ascertia
- DocuFirst
- eDoc Innovations, Inc.
- Docusign, Inc.
- OneSpan, Inc.
- Entrust Corporation
- Kofax, Inc.
- Nintex, Inc.
- Wolters Kluwer N.V.
- Adobe, Inc.
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Asia Pacific Digital Transaction Management Market, by Component
1.4.2 Asia Pacific Digital Transaction Management Market, by Vertical
1.4.3 Asia Pacific Digital Transaction Management Market, by Organization Size
1.4.4 Asia Pacific Digital Transaction Management Market, by Solution
1.4.5 Asia Pacific Digital Transaction Management Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2017-2021)
3.3.2 Key Strategic Move: (Acquisitions and Mergers: 2017, Jun – 2021, Sep) Leading Players
Chapter 4. Asia Pacific Digital Transaction Management Market by Component
4.1 Asia Pacific Hardware Market by Country
4.2 Asia Pacific Software Market by Country
4.3 Asia Pacific Services Market by Country
Chapter 5. Asia Pacific Digital Transaction Management Market by Vertical
5.1 Asia Pacific BFSI Market by Country
5.2 Asia Pacific IT & Telecom Market by Country
5.3 Asia Pacific Government Market by Country
5.4 Asia Pacific Retail Market by Country
5.5 Asia Pacific Healthcare Market by Country
5.6 Asia Pacific Real Estate Market by Country
5.7 Asia Pacific Utilities Market by Country
5.8 Asia Pacific Other Vertical Market by Country
Chapter 6. Asia Pacific Digital Transaction Management Market by Organization Size
6.1 Asia Pacific Large Enterprises Market by Country
6.2 Asia Pacific Small & Medium Enterprises Market by Country
Chapter 7. Asia Pacific Digital Transaction Management Market by Solution
7.1 Asia Pacific Electronic Signatures Market by Country
7.2 Asia Pacific Workflow Automation Market by Country
7.3 Asia Pacific Authentication Market by Country
7.4 Asia Pacific Document Archival Market by Country
7.5 Asia Pacific Others Market by Country
Chapter 8. Asia Pacific Digital Transaction Management Market by Country
8.1 China Digital Transaction Management Market
8.1.1 China Digital Transaction Management Market by Component
8.1.2 China Digital Transaction Management Market by Vertical
8.1.3 China Digital Transaction Management Market by Organization Size
8.1.4 China Digital Transaction Management Market by Solution
8.2 Japan Digital Transaction Management Market
8.2.1 Japan Digital Transaction Management Market by Component
8.2.2 Japan Digital Transaction Management Market by Vertical
8.2.3 Japan Digital Transaction Management Market by Organization Size
8.2.4 Japan Digital Transaction Management Market by Solution
8.3 India Digital Transaction Management Market
8.3.1 India Digital Transaction Management Market by Component
8.3.2 India Digital Transaction Management Market by Vertical
8.3.3 India Digital Transaction Management Market by Organization Size
8.3.4 India Digital Transaction Management Market by Solution
8.4 South Korea Digital Transaction Management Market
8.4.1 South Korea Digital Transaction Management Market by Component
8.4.2 South Korea Digital Transaction Management Market by Vertical
8.4.3 South Korea Digital Transaction Management Market by Organization Size
8.4.4 South Korea Digital Transaction Management Market by Solution
8.5 Singapore Digital Transaction Management Market
8.5.1 Singapore Digital Transaction Management Market by Component
8.5.2 Singapore Digital Transaction Management Market by Vertical
8.5.3 Singapore Digital Transaction Management Market by Organization Size
8.5.4 Singapore Digital Transaction Management Market by Solution
8.6 Malaysia Digital Transaction Management Market
8.6.1 Malaysia Digital Transaction Management Market by Component
8.6.2 Malaysia Digital Transaction Management Market by Vertical
8.6.3 Malaysia Digital Transaction Management Market by Organization Size
8.6.4 Malaysia Digital Transaction Management Market by Solution
8.7 Rest of Asia Pacific Digital Transaction Management Market
8.7.1 Rest of Asia Pacific Digital Transaction Management Market by Component
8.7.2 Rest of Asia Pacific Digital Transaction Management Market by Vertical
8.7.3 Rest of Asia Pacific Digital Transaction Management Market by Organization Size
8.7.4 Rest of Asia Pacific Digital Transaction Management Market by Solution
Chapter 9. Company Profiles
9.1 Ascertia
9.1.1 Company Overview
9.1.2 Recent strategies and developments:
9.1.2.1 Partnerships, Collaborations, and Agreements:
9.2 DocuFirst
9.2.1 Company Overview
9.2.2 Recent strategies and developments:
9.2.2.1 Partnerships, Collaborations, and Agreements:
9.3 eDoc Innovations, Inc.
9.3.1 Company Overview
9.4 Docusign, Inc.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Partnerships, Collaborations, and Agreements:
9.4.5.2 Acquisition and Mergers:
9.5 OneSpan, Inc.
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Regional Analysis
9.5.4 Research & Development Expenses
9.5.5 Recent strategies and developments:
9.5.5.1 Partnerships, Collaborations, and Agreements:
9.6 Entrust Corporation
9.6.2 Recent strategies and developments:
9.6.2.1 Partnerships, Collaborations, and Agreements:
9.6.2.2 Product Launches and Product Expansions:
9.6.2.3 Acquisition and Mergers:
9.7 Kofax, Inc. (Thoma Bravo LLC)
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Product Launches and Product Expansions:
9.7.2.2 Acquisition and Mergers:
9.8 Nintex, Inc.
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.8.2.2 Acquisition and Mergers:
9.9 Wolters Kluwer N.V.
9.9.1 Company Overview
9.9.2 Financial Analysis
9.9.3 Segmental and Regional Analysis
9.9.4 Recent strategies and developments:
9.9.4.1 Partnerships, Collaborations, and Agreements:
9.9.4.2 Acquisition and Mergers:
9.10. Adobe, Inc.
9.10.1 Company Overview
9.10.2 Financial Analysis
9.10.3 Segmental and Regional Analysis
9.10.4 Research & Development Expense
9.10.5 Recent strategies and developments:
9.10.5.1 Partnerships, Collaborations, and Agreements:
9.10.5.2 Product Launches and Product Expansions:
9.10.5.3 Acquisition and Mergers:
9.10.6 SWOT Analysis
TABLE 1 Asia Pacific Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 2 Asia Pacific Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Digital Transaction Management Market
TABLE 4 Product Launches And Product Expansions– Digital Transaction Management Market
TABLE 5 Acquisition and Mergers– Digital Transaction Management Market
TABLE 6 Asia Pacific Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 7 Asia Pacific Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 8 Asia Pacific Hardware Market by Country, 2017 - 2020, USD Million
TABLE 9 Asia Pacific Hardware Market by Country, 2021 - 2027, USD Million
TABLE 10 Asia Pacific Software Market by Country, 2017 - 2020, USD Million
TABLE 11 Asia Pacific Software Market by Country, 2021 - 2027, USD Million
TABLE 12 Asia Pacific Services Market by Country, 2017 - 2020, USD Million
TABLE 13 Asia Pacific Services Market by Country, 2021 - 2027, USD Million
TABLE 14 Asia Pacific Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 15 Asia Pacific Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 16 Asia Pacific BFSI Market by Country, 2017 - 2020, USD Million
TABLE 17 Asia Pacific BFSI Market by Country, 2021 - 2027, USD Million
TABLE 18 Asia Pacific IT & Telecom Market by Country, 2017 - 2020, USD Million
TABLE 19 Asia Pacific IT & Telecom Market by Country, 2021 - 2027, USD Million
TABLE 20 Asia Pacific Government Market by Country, 2017 - 2020, USD Million
TABLE 21 Asia Pacific Government Market by Country, 2021 - 2027, USD Million
TABLE 22 Asia Pacific Retail Market by Country, 2017 - 2020, USD Million
TABLE 23 Asia Pacific Retail Market by Country, 2021 - 2027, USD Million
TABLE 24 Asia Pacific Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 25 Asia Pacific Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 26 Asia Pacific Real Estate Market by Country, 2017 - 2020, USD Million
TABLE 27 Asia Pacific Real Estate Market by Country, 2021 - 2027, USD Million
TABLE 28 Asia Pacific Utilities Market by Country, 2017 - 2020, USD Million
TABLE 29 Asia Pacific Utilities Market by Country, 2021 - 2027, USD Million
TABLE 30 Asia Pacific Other Vertical Market by Country, 2017 - 2020, USD Million
TABLE 31 Asia Pacific Other Vertical Market by Country, 2021 - 2027, USD Million
TABLE 32 Asia Pacific Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 33 Asia Pacific Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 34 Asia Pacific Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 35 Asia Pacific Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 36 Asia Pacific Small & Medium Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 37 Asia Pacific Small & Medium Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 38 Asia Pacific Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 39 Asia Pacific Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 40 Asia Pacific Electronic Signatures Market by Country, 2017 - 2020, USD Million
TABLE 41 Asia Pacific Electronic Signatures Market by Country, 2021 - 2027, USD Million
TABLE 42 Asia Pacific Workflow Automation Market by Country, 2017 - 2020, USD Million
TABLE 43 Asia Pacific Workflow Automation Market by Country, 2021 - 2027, USD Million
TABLE 44 Asia Pacific Authentication Market by Country, 2017 - 2020, USD Million
TABLE 45 Asia Pacific Authentication Market by Country, 2021 - 2027, USD Million
TABLE 46 Asia Pacific Document Archival Market by Country, 2017 - 2020, USD Million
TABLE 47 Asia Pacific Document Archival Market by Country, 2021 - 2027, USD Million
TABLE 48 Asia Pacific Others Market by Country, 2017 - 2020, USD Million
TABLE 49 Asia Pacific Others Market by Country, 2021 - 2027, USD Million
TABLE 50 Asia Pacific Digital Transaction Management Market by Country, 2017 - 2020, USD Million
TABLE 51 Asia Pacific Digital Transaction Management Market by Country, 2021 - 2027, USD Million
TABLE 52 China Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 53 China Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 54 China Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 55 China Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 56 China Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 57 China Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 58 China Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 59 China Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 60 China Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 61 China Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 62 Japan Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 63 Japan Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 64 Japan Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 65 Japan Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 66 Japan Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 67 Japan Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 68 Japan Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 69 Japan Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 70 Japan Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 71 Japan Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 72 India Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 73 India Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 74 India Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 75 India Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 76 India Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 77 India Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 78 India Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 79 India Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 80 India Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 81 India Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 82 South Korea Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 83 South Korea Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 84 South Korea Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 85 South Korea Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 86 South Korea Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 87 South Korea Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 88 South Korea Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 89 South Korea Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 90 South Korea Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 91 South Korea Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 92 Singapore Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 93 Singapore Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 94 Singapore Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 95 Singapore Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 96 Singapore Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 97 Singapore Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 98 Singapore Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 99 Singapore Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 100 Singapore Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 101 Singapore Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 102 Malaysia Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 103 Malaysia Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 104 Malaysia Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 105 Malaysia Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 106 Malaysia Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 107 Malaysia Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 108 Malaysia Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 109 Malaysia Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 110 Malaysia Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 111 Malaysia Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 112 Rest of Asia Pacific Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 113 Rest of Asia Pacific Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 114 Rest of Asia Pacific Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 115 Rest of Asia Pacific Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 116 Rest of Asia Pacific Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 117 Rest of Asia Pacific Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 118 Rest of Asia Pacific Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 119 Rest of Asia Pacific Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 120 Rest of Asia Pacific Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 121 Rest of Asia Pacific Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 122 Key information – Ascertia
TABLE 123 Key information – DocuFirst
TABLE 124 Key information – eDoc innovations inc.
TABLE 125 Key information – DOCUSIGN, INC.
TABLE 126 Key information – OneSpan, Inc.
TABLE 129 Key Information – Nintex, Inc.
TABLE 130 Key information – Wolters Kluwer N.V.
TABLE 131 Key Information – Adobe, Inc.
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2017-2021)
FIG 4 Key Strategic Move: (Acquisitions and Mergers: 2017, Jun – 2021, Sep) Leading Players
FIG 5 Recent strategies and developments: Docusign, Inc.
FIG 6 Recent strategies and developments: Entrust Corporation
FIG 7 Recent strategies and developments: Kofax, Inc.
FIG 8 Recent strategies and developments: Nintex, Inc.
FIG 9 Recent strategies and developments: Wolters Kluwer N.V.
FIG 10 Recent strategies and developments: Adobe, Inc.
FIG 11 SWOT Analysis: Adobe, inc.