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Digital Signature Market Size to Grow USD 3818.4 Million by 2029 at a CAGR of 20.8% | Valuates Reports

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BANGALORE, India, Aug. 7, 2023 /PRNewswire/ — The Digital Signature Market is Segmented by Type (Hardware, Software), by Application (Small and Medium Enterprises (SME), Large Enterprises): Global Opportunity Analysis and Industry Forecast, 2022-2029.

The global Digital Signature market was valued at USD 1228.2 Million in 2022 and is anticipated to reach USD 3818.4 Million by 2029, witnessing a CAGR of 20.8% during the forecast period 2023-2029.

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Major Factors Driving the Growth of Digital Signature Market:

The widespread use of digital signatures in internal business communications and processes, together with improved operational effectiveness, reduces costs and stimulates market expansion. Additionally, the increased demand for data security and authentication brought on by a surge in cyberattacks drives the market’s expansion globally. During the projection period, technological advancement, a rise in the adoption of cloud-based solutions, and new laws encouraging the use of digital signatures are anticipated to provide lucrative prospects for the market’s growth.

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Businesses have been urged to adopt digital signatures by rules like the EU’s eIDAS Regulation and the U.S. Electronic Signatures in Global and National Commerce Act (ESIGN Act). This factor is expected to drive the growth of the Digital Signature Market.

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TRENDS INFLUENCING THE GROWTH OF DIGITAL SIGNATURE MARKET

Online transactions that are secure and binding have become more and more popular as company operations are becoming more and more digitized and e-commerce has grown. Digital signatures offer a reliable and impenetrable way to confirm the validity of electronic documents, guarantee the accuracy of data, and restrict access. This has been especially important in industries where sensitive information is frequently transferred, like finance, healthcare, and law. Globally strict compliance standards and government restrictions have been a major factor in the proliferation of digital signatures. The legal validity of digital signatures has been acknowledged by numerous nations, enabling the expansion of electronic documentation across numerous industries.   This factor is expected to drive the growth of the Digital Signature Market.

Business digital transformation has been pushed by the growing need for remote and contactless transactions. The need for digital signature systems was especially evident during the COVID-19 pandemic when physical interactions were restricted. This increased demand for safe, remote document authentication and approval procedures, which in turn fueled the development of digital signature technology.  The market for digital signatures has benefited from improvements in cybersecurity technologies and more awareness of online risks. To guarantee document validity and non-repudiation, digital signatures employ cutting-edge cryptographic methods. The adoption of digital signatures has evolved into a crucial element of a comprehensive security plan as data breaches and cyberattacks continue to pose substantial hazards to enterprises.

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The efficiency and cost-effectiveness that digital signatures provide have also aided in their broad adoption. Traditional paper-based processes require a lot of time, and resources, and are frequently error-prone. Businesses can save a lot of money by adopting digital signatures since they enhance operational efficiency, eliminate paperwork, and streamline workflows.

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DIGITAL SIGNATURE MARKET SHARE

During the projected period, North America is anticipated to hold the biggest market share for digital signatures. The area is a pioneer in using digital technologies, which accelerates market expansion.

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Key Companies:

  • Adobe Systems, Inc
  • Gemalto
  • AscertiA
  • Esignlive By Vasco
  • Secured Signing Limited
  • Signix
  • Entrust Datacard Corporation
  • Rpost Technologies
  • Kofax Limited (A Lexmark Company)
  • Docusign
  • Identrust

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SIMILAR REPORTS

–  Digital Signature Software Market

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–  Electronic Signature Mobile Solutions Market

–  Electronic Signature Mobile Tools Market

–  Secure Digital Signature Market

–  Digital Business Card Market

–  Identity and Digital Trust Market

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–  Digital Authentication Market

–  Signature Pad market was valued at USD 176.4 million in 2022 and is anticipated to reach USD 200.2 million by 2029, witnessing a CAGR of 1.8% during the forecast period 2023-2029.

–  Electronic Signature Apps Market

–  Electronic Authentication Service Market

–  Digital Transaction Management (DTM) Market

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–  Digital Contract Management Market

–  Business Process Management (BPM) market was valued at USD 3663 million in 2022 and is anticipated to reach USD 4759.3 million by 2029, witnessing a CAGR of 4.5% during the forecast period 2023-2029.

–  Document Scanner market size is estimated to be worth USD 1401.3 million in 2022 and is forecast to a readjusted size of USD 2061.3 million by 2029 with a CAGR of 5.6% during the forecast period 2023-2029.

–  Business Process Automation (BPA) Market is estimated at USD 9044.2 Million in the year 2022, is projected to reach a revised size of USD 16070 Million by 2028, growing at a CAGR of 10.1% during the forecast period 2022-2028.

–  Digital Process Automation market size is projected to reach USD 11770 Million by 2027, from USD 6451.8 Million in 2020, at a CAGR of 8.5% during 2021-2027.

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–  Smart Contracts market was valued at USD 397.8 million in 2022 and is anticipated to reach USD 1460.3 million by 2029, witnessing a CAGR of 24.2% during the forecast period 2023-2029.

–  The global intelligent document processing (IDP) market is expected to grow from USD 860 Million in 2021 to USD 4.15 Billion in 2026 at a CAGR of 37%.

–  Identity (ID) Verification market was valued at USD 4118.5 million in 2022 and is anticipated to reach USD 18720 million by 2029, witnessing a CAGR of 28.7% during the forecast period 2023-2029.

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ABOUT US:

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Valuates offers in-depth market insights into various industries. Our extensive report repository is constantly updated to meet your changing industry analysis needs.

Our team of market analysts can help you select the best report covering your industry. We understand your niche region-specific requirements and that’s why we offer customization of reports. With our customization in place, you can request for any particular information from a report that meets your market analysis needs.

To achieve a consistent view of the market, data is gathered from various primary and secondary sources, at each step, data triangulation methodologies are applied to reduce deviance and find a consistent view of the market. Each sample we share contains a detailed research methodology employed to generate the report. Please also reach our sales team to get the complete list of our data sources.

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Blockchain Press Releases

Input | Output Partners with Brave to Integrate Cardano into Brave Wallet

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Once live, the Input | Output (IO) led integration will bring full Cardano support to Brave Wallet, including Cardano native assets, as well as send, receive, swap, and signing capabilities- all natively embedded within Brave’s best-in-class browser wallet. This establishes Brave as a key partner to the Cardano community in the age of Voltaire.

SAN FRANCISCO and LONDON, May 12, 2025 /PRNewswire/ — Input | Output (IO), the preeminent Web3 blockchain infrastructure and engineering firm, today announced a strategic partnership with Brave Software, the creator of the leading privacy-first browser and  integrated multi-chain Brave Wallet. Together, they will integrate Cardano into the Brave Wallet, enabling Cardano blockchain access and token management from within the Brave wallet. 

“Our partnership with IO reflects Brave’s commitment to building a Web3 that maximizes interoperation for user choice, while giving them better tools to engage with decentralized ecosystems,” said Brendan Eich, CEO and co-founder of Brave and the Basic Attention Token (BAT). “Integrating Cardano into Brave Wallet not only expands multi-chain access, but also enhances security, governance participation, and the overall user experience.”

Through this integration, Brave users and the broader Cardano community will gain direct access to Cardano’s blockchain for activities such as governance participation and native asset management, all within the privacy-focused Brave Wallet. Additionally, Brave Wallet will support the execution of swaps with Cardano native tokens and other on-chain transactions. This major milestone enhances Brave’s multi-chain capabilities, adding to its existing support for networks like Ethereum and Solana. Cardano users will now be able to manage native assets like NIGHT, engage in governance, and seamlessly swap tokens—securely and privately—through Brave’s in-browser wallet.

“This collaboration with Brave is a natural fit,” said Charles Hoskinson, CEO of IO. “We share a vision for a more secure, accessible, and user-respecting Web3. By bringing Cardano into Brave Wallet, we are not only expanding functionality for Cardano users in the age of on-chain governance, but also advancing a new standard for how blockchain networks should empower individuals—protecting privacy while enabling active, on-chain participation.”

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The partnership also sets the stage for future innovation around engagement with Cardano’s governance and Midnight, a blockchain developed by Shielded Technologies, an Input | Output spinout focused on confidential smart contracts and data protection. 

Media Contacts:

Georgia Hanias
Input | Output (IO)
[email protected] 

Catherine Corre
Brave Software
[email protected]

About Input | Output (IO)

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Input |Output (IO) is a world-leading blockchain infrastructure and research engineering firm dedicated to building a sustainable Web3 ecosystem. IO is committed to advancing the next generation of blockchain innovation, focusing on scalability, security, and real-world adoption through pioneering research and cutting-edge engineering.

About Brave Wallet and Brave

Brave Wallet is the secure, multi-chain crypto wallet built directly into the Brave privacy browser—no extensions required. With Brave Wallet, users can manage tokens and NFTs; connect to DApps and onramp to Web3; and explore decentralized finance, social media, gaming, and more. Brave Wallet users can connect other “cold” wallets like Ledger & Trezor. They can buy, store, send, and connect to DApps on Solana, Ethereum and EVM chains, Zcash, and Filecoin.

Brave Wallet is available on desktop, Android, and iOS, and is free to use. To get started on desktop, Brave browser users can click the wallet icon near the address bar. On mobile, users can tap “⋮” (Android) or “…” (iOS), then tap the wallet icon.

Brave is a driving force leading the way for Web3 adoption, directly supporting Web3 into the broader Web through its privacy browser, independent search engine, and browser-native, multi-chain crypto wallet. Brave currently has over 85 million monthly active users. Learn more at brave.com.

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Blockchain Press Releases

Bybit Introduces BOB to P2P: Bolivian Traders Can Now Buy, Sell in Local Currency and Earn Commissions

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DUBAI, UAE, May 12, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has expanded its peer-to-peer (P2P) platform to support the Bolivian Bolíviano (BOB), enabling users in Bolivia to buy and sell crypto with their national currency for the first time on the platform.

In addition to enhancing local access to digital assets, Bybit is launching a new merchant program that invites users to list BOB trading ads and earn generous bi-weekly commissions. High-performing merchants can earn up to 400 USDT every two weeks, with added incentives for those listing in multiple fiat currencies.

“Expanding our P2P platform to include BOB is a reflection of our dedication to financial inclusion and local empowerment,” said Mazurka Zeng, Head of Fiat at Bybit. “We’re proud to offer Bolivian users more ways to access crypto markets while also opening the door to new opportunities”.

Bybit P2P merchants receive tailored support, including 1-to-1 customer service and faster appeal resolutions. To qualify for rewards, merchants must maintain active listings for a specified number of hours each week and meet trading volume and order count targets. Performance is reviewed every two weeks, and rewards are distributed through the Rewards Hub.

This launch represents another step in Bybit’s ongoing commitment to bring crypto access and earning potential to communities around the world through localized, user-friendly P2P services.

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Bybit is actively expanding in the LATAM market and has seen a consistent rise in user requests from Bolivia to support the Boliviano (BOB) on its P2P platform. As crypto adoption continues to grow across the region, adding BOB would enhance accessibility for local users and empower them to engage more easily with the digital asset economy.

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: [email protected]
For updates, please follow: Bybit’s Communities and Social Media

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Blockchain Press Releases

MEXC Lists 160 Tokens in April, Delivers Over 800% Returns Across Top Gainers

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VICTORIA, Seychelles, May 12, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, has released its April 2025 trading highlights, showcasing impressive results in token performance, early listing advantages, and community-driven events like airdrops.

Key Takeaways:

  • MEXC listed 160 new tokens in April, led by trends in Meme, GameFi, AI, and DePIN sectors.
  • Top 10 new listings delivered an average of 832.33% ATH return, with HOUSE soaring +3,830%.
  • Tokens with high spot trading volume saw daily returns averaging 403.49%.
  • By pioneering listings for five key tokens—most notably HOUSE, which surged 11,580% between listings—MEXC gave users early access prior to their inclusion in IDO and alpha programs on other tier1 exchanges.
  • Airdrop+ campaigns reached 40,000+ participants, distributing about $1.5M in token rewards with a 40 USDT average return per user.

According to the report, MEXC listed 160 new tokens in April, a 16.79% increase compared to March. This increase was driven by surging user interest in sectors such as Meme coins, GameFi, AI, and DePIN. This expansion of early-access opportunities reflects MEXC’s agile listing strategy and commitment to supporting new niches and communities.

Top New Listings Deliver 832% Average Peak Returns

MEXC’s strategic approach to listings paid off, with the top 10 tokens achieving an average all-time high return of 832.33%. HOUSE led the pack, posting a remarkable +3830.90% gain, followed by SEED (+952.63%) and TROLLSOL (+831.31%). These high performers span ecosystems including Solana, Sui, BSC, Ethereum, and Babylon.

Strong Daily Performance Tied to Trading Volume

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April’s top 10 tokens by spot trading volume also posted robust short-term returns, with an average 24-hour return of 403.49%. Among them were the following assets:

  • WCT (+849.40%)
  • BANK (+937.10%)
  • BABY (+738.00%)

The early token growth metrics highlight that activity on the platform is an important signal for early traders.

MEXC Empowers Traders with Early Price Discovery Capabilities

Notably, five tokens later featured in leading IDO and alpha programs were listed on MEXC prior to their program debuts, posting price gains of several hundred to several thousand percent between the two events:

  • HOUSE: +11,580%
  • PUMP: +281.54%

The report findings reinforced MEXC’s reputation as a platform where market momentum is often detected first.

Airdrop+ Events Attract 40,000 Participants, Drive New Token Buzz

MEXC ran 23 Airdrop+ campaigns during the month, attracting over 40,000 participants and distributing almost $1.5 million in tokens. The average return per participant was 40 USDT, with top-performing tokens like SEED, PUMP, and BABY included in the prize pools.

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Airdrop+ has proven itself as a tool not only for attracting but also activating users, especially in Asian and emerging markets. A recent MEXC report based on the analysis of more than 100 campaigns in recent months revealed that up to 35% of new users register through participation in airdrop activities. Users involved in the campaign were more likely to continue active trading and participate in subsequent IDO/IEO offerings on the platform.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 40 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X  Telegram |How to Sign Up on MEXC

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