The Latin America, Middle East and Africa Digital Transaction Management Market would witness market growth of 30.3% CAGR during the forecast period (2021-2027).
The market's expansion can be ascribed to the growing demand to digitally handle all document-based interactions. Over the projection period, the market is likely to increase due to the increasing acceptance of cloud-based services across different sectors and industrial verticals. Digital transaction management systems have the ability to digitise and, as a result, speed up the process of correctly and securely signing corporate contracts and agreements.
These solutions can assist in signing and transmitting papers electronically rather than signing them physically and sending them by mail or scanning and emailing them. Aside from accelerating the procedure of signing agreements and contracts, digital transaction management services may also assist reduce errors, saving operational expenses. Businesses all around the world are focused on implementing digital transaction management systems to cut down on mistakes and operational expenses while also shortening transaction times and increasing productivity.
Saudi Arabia has a strong digital infrastructure that has helped the country deal with COVID-related issues by assuring corporate and educational activities, as well as allowing residents to satisfy their needs and go about their everyday lives. Furthermore, the country has improved the quality of digital services by collaborating with the private industry to provide fiber-optic distribution network to over 3.5 million homes, growing internet traffic by 30% during the COVID-19 pandemic outbreak, and boosting internet speed from 9 Mbps in 2017 to 109 Mbps in year 2020.
Furthermore, the Saudi Vision 2030 strategy puts information and communication technology (ICT) at the heart of the country's future growth. For the past several years, a number of Saudi ministries have already been aggressively pursuing an ICT agenda, and this effort is poised to intensify as they attempt to accomplish the National Transformation Programme's recent short-term targets (NTP).
The Brazil market dominated the LAMEA Digital Transaction Management Market by Country 2020, and would continue to be a dominant market till 2027; thereby, achieving a market value of $594.9 million by 2027. The Argentina market is estimated to grow at a CAGR of 31% during (2021 - 2027). Additionally, The UAE market would witness a CAGR of 29.9% 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 Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Digital Transaction Management Market is Predict to reach $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
- Brazil
- Argentina
- UAE
- Saudi Arabia
- South Africa
- Nigeria
- Rest of LAMEA
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 LAMEA Digital Transaction Management Market, by Component
1.4.2 LAMEA Digital Transaction Management Market, by Vertical
1.4.3 LAMEA Digital Transaction Management Market, by Organization Size
1.4.4 LAMEA Digital Transaction Management Market, by Solution
1.4.5 LAMEA 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. LAMEA Digital Transaction Management Market by Component
4.1 LAMEA Hardware Market by Country
4.2 LAMEA Software Market by Country
4.3 LAMEA Services Market by Country
Chapter 5. LAMEA Digital Transaction Management Market by Vertical
5.1 LAMEA BFSI Market by Country
5.2 LAMEA IT & Telecom Market by Country
5.3 LAMEA Government Market by Country
5.4 LAMEA Retail Market by Country
5.5 LAMEA Healthcare Market by Country
5.6 LAMEA Real Estate Market by Country
5.7 LAMEA Utilities Market by Country
5.8 LAMEA Other Vertical Market by Country
Chapter 6. LAMEA Digital Transaction Management Market by Organization Size
6.1 LAMEA Large Enterprises Market by Country
6.2 LAMEA Small & Medium Enterprises Market by Country
Chapter 7. LAMEA Digital Transaction Management Market by Solution
7.1 LAMEA Electronic Signatures Market by Country
7.2 LAMEA Workflow Automation Market by Country
7.3 LAMEA Authentication Market by Country
7.4 LAMEA Document Archival Market by Country
7.5 LAMEA Others Market by Country
Chapter 8. LAMEA Digital Transaction Management Market by Country
8.1 Brazil Digital Transaction Management Market
8.1.1 Brazil Digital Transaction Management Market by Component
8.1.2 Brazil Digital Transaction Management Market by Vertical
8.1.3 Brazil Digital Transaction Management Market by Organization Size
8.1.4 Brazil Digital Transaction Management Market by Solution
8.2 Argentina Digital Transaction Management Market
8.2.1 Argentina Digital Transaction Management Market by Component
8.2.2 Argentina Digital Transaction Management Market by Vertical
8.2.3 Argentina Digital Transaction Management Market by Organization Size
8.2.4 Argentina Digital Transaction Management Market by Solution
8.3 UAE Digital Transaction Management Market
8.3.1 UAE Digital Transaction Management Market by Component
8.3.2 UAE Digital Transaction Management Market by Vertical
8.3.3 UAE Digital Transaction Management Market by Organization Size
8.3.4 UAE Digital Transaction Management Market by Solution
8.4 Saudi Arabia Digital Transaction Management Market
8.4.1 Saudi Arabia Digital Transaction Management Market by Component
8.4.2 Saudi Arabia Digital Transaction Management Market by Vertical
8.4.3 Saudi Arabia Digital Transaction Management Market by Organization Size
8.4.4 Saudi Arabia Digital Transaction Management Market by Solution
8.5 South Africa Digital Transaction Management Market
8.5.1 South Africa Digital Transaction Management Market by Component
8.5.2 South Africa Digital Transaction Management Market by Vertical
8.5.3 South Africa Digital Transaction Management Market by Organization Size
8.5.4 South Africa Digital Transaction Management Market by Solution
8.6 Nigeria Digital Transaction Management Market
8.6.1 Nigeria Digital Transaction Management Market by Component
8.6.2 Nigeria Digital Transaction Management Market by Vertical
8.6.3 Nigeria Digital Transaction Management Market by Organization Size
8.6.4 Nigeria Digital Transaction Management Market by Solution
8.7 Rest of LAMEA Digital Transaction Management Market
8.7.1 Rest of LAMEA Digital Transaction Management Market by Component
8.7.2 Rest of LAMEA Digital Transaction Management Market by Vertical
8.7.3 Rest of LAMEA Digital Transaction Management Market by Organization Size
8.7.4 Rest of LAMEA 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 LAMEA Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 2 LAMEA 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 LAMEA Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 7 LAMEA Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 8 LAMEA Hardware Market by Country, 2017 - 2020, USD Million
TABLE 9 LAMEA Hardware Market by Country, 2021 - 2027, USD Million
TABLE 10 LAMEA Software Market by Country, 2017 - 2020, USD Million
TABLE 11 LAMEA Software Market by Country, 2021 - 2027, USD Million
TABLE 12 LAMEA Services Market by Country, 2017 - 2020, USD Million
TABLE 13 LAMEA Services Market by Country, 2021 - 2027, USD Million
TABLE 14 LAMEA Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 15 LAMEA Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 16 LAMEA BFSI Market by Country, 2017 - 2020, USD Million
TABLE 17 LAMEA BFSI Market by Country, 2021 - 2027, USD Million
TABLE 18 LAMEA IT & Telecom Market by Country, 2017 - 2020, USD Million
TABLE 19 LAMEA IT & Telecom Market by Country, 2021 - 2027, USD Million
TABLE 20 LAMEA Government Market by Country, 2017 - 2020, USD Million
TABLE 21 LAMEA Government Market by Country, 2021 - 2027, USD Million
TABLE 22 LAMEA Retail Market by Country, 2017 - 2020, USD Million
TABLE 23 LAMEA Retail Market by Country, 2021 - 2027, USD Million
TABLE 24 LAMEA Healthcare Market by Country, 2017 - 2020, USD Million
TABLE 25 LAMEA Healthcare Market by Country, 2021 - 2027, USD Million
TABLE 26 LAMEA Real Estate Market by Country, 2017 - 2020, USD Million
TABLE 27 LAMEA Real Estate Market by Country, 2021 - 2027, USD Million
TABLE 28 LAMEA Utilities Market by Country, 2017 - 2020, USD Million
TABLE 29 LAMEA Utilities Market by Country, 2021 - 2027, USD Million
TABLE 30 LAMEA Other Vertical Market by Country, 2017 - 2020, USD Million
TABLE 31 LAMEA Other Vertical Market by Country, 2021 - 2027, USD Million
TABLE 32 LAMEA Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 33 LAMEA Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 34 LAMEA Large Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 35 LAMEA Large Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 36 LAMEA Small & Medium Enterprises Market by Country, 2017 - 2020, USD Million
TABLE 37 LAMEA Small & Medium Enterprises Market by Country, 2021 - 2027, USD Million
TABLE 38 LAMEA Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 39 LAMEA Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 40 LAMEA Electronic Signatures Market by Country, 2017 - 2020, USD Million
TABLE 41 LAMEA Electronic Signatures Market by Country, 2021 - 2027, USD Million
TABLE 42 LAMEA Workflow Automation Market by Country, 2017 - 2020, USD Million
TABLE 43 LAMEA Workflow Automation Market by Country, 2021 - 2027, USD Million
TABLE 44 LAMEA Authentication Market by Country, 2017 - 2020, USD Million
TABLE 45 LAMEA Authentication Market by Country, 2021 - 2027, USD Million
TABLE 46 LAMEA Document Archival Market by Country, 2017 - 2020, USD Million
TABLE 47 LAMEA Document Archival Market by Country, 2021 - 2027, USD Million
TABLE 48 LAMEA Others Market by Country, 2017 - 2020, USD Million
TABLE 49 LAMEA Others Market by Country, 2021 - 2027, USD Million
TABLE 50 LAMEA Digital Transaction Management Market by Country, 2017 - 2020, USD Million
TABLE 51 LAMEA Digital Transaction Management Market by Country, 2021 - 2027, USD Million
TABLE 52 Brazil Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 53 Brazil Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 54 Brazil Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 55 Brazil Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 56 Brazil Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 57 Brazil Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 58 Brazil Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 59 Brazil Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 60 Brazil Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 61 Brazil Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 62 Argentina Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 63 Argentina Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 64 Argentina Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 65 Argentina Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 66 Argentina Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 67 Argentina Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 68 Argentina Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 69 Argentina Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 70 Argentina Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 71 Argentina Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 72 UAE Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 73 UAE Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 74 UAE Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 75 UAE Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 76 UAE Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 77 UAE Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 78 UAE Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 79 UAE Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 80 UAE Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 81 UAE Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 82 Saudi Arabia Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 83 Saudi Arabia Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 84 Saudi Arabia Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 85 Saudi Arabia Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 86 Saudi Arabia Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 87 Saudi Arabia Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 88 Saudi Arabia Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 89 Saudi Arabia Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 90 Saudi Arabia Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 91 Saudi Arabia Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 92 South Africa Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 93 South Africa Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 94 South Africa Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 95 South Africa Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 96 South Africa Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 97 South Africa Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 98 South Africa Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 99 South Africa Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 100 South Africa Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 101 South Africa Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 102 Nigeria Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 103 Nigeria Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 104 Nigeria Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 105 Nigeria Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 106 Nigeria Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 107 Nigeria Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 108 Nigeria Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 109 Nigeria Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 110 Nigeria Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 111 Nigeria Digital Transaction Management Market by Solution, 2021 - 2027, USD Million
TABLE 112 Rest of LAMEA Digital Transaction Management Market, 2017 - 2020, USD Million
TABLE 113 Rest of LAMEA Digital Transaction Management Market, 2021 - 2027, USD Million
TABLE 114 Rest of LAMEA Digital Transaction Management Market by Component, 2017 - 2020, USD Million
TABLE 115 Rest of LAMEA Digital Transaction Management Market by Component, 2021 - 2027, USD Million
TABLE 116 Rest of LAMEA Digital Transaction Management Market by Vertical, 2017 - 2020, USD Million
TABLE 117 Rest of LAMEA Digital Transaction Management Market by Vertical, 2021 - 2027, USD Million
TABLE 118 Rest of LAMEA Digital Transaction Management Market by Organization Size, 2017 - 2020, USD Million
TABLE 119 Rest of LAMEA Digital Transaction Management Market by Organization Size, 2021 - 2027, USD Million
TABLE 120 Rest of LAMEA Digital Transaction Management Market by Solution, 2017 - 2020, USD Million
TABLE 121 Rest of LAMEA 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.