With 82.00% CAGR Blockchain Identity Management Market was valued at USD 128.81 million 2023 to 2030

Data Bridge Market Research analyses that the blockchain identity management market is expected to reach USD 128.81 million by 2030, which is USD 1.07 million in 2022, at a CAGR of 82.00% during the forecast period.

Key Pointers Covered in Blockchain Identity Management Market Industry Trends and Forecast to 2030

Market Size
Market New Sales Volumes
Market Replacement Sales Volumes
Market Installed Base
Market By Brands
Market Procedure Volumes
Market Product Price Analysis
Market Regulatory Framework and Changes
Market Shares in Different Regions
Recent Developments for Market Competitors
Market Upcoming Applications
Market Innovators Study

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This report is compiled using a vigorous and thorough research methodology. Data Bridge Market Research is also known for its data accuracy and granular market reports.
A complete picture of the competitive scenario of Blockchain Identity Management Market is depicted by this report.
The report consists of a vast amount of data about the recent product and technological developments in the markets.
The insights in the report are easy to understand and include a graphical representation of the numbers in the form of histograms, bar graphs, pie charts, etc.

Blockchain Identity Management Market Scope and Market Size

The global blockchain identity management market is segmented on the basis of component, application, networks, provider, organization size and industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Component

Platform
Services

Application

Loyalty and Rewards Management
Identity Management
Supply Chain Management
Payments and Smart Contracts
Compliance Management
Others

Networks

Permissioned
Permission less

Provider

Application Providers
Middleware Providers
Infrastructure Providers

Organization Size

Large Enterprises
Small Enterprises
Medium-Sized Enterprises

Industry

BFSI
Government
Healthcare and Life Sciences
Telecom and IT
Retail and E-Commerce
Transport and Logistics
Real Estate
Media and Entertainment
Travel and Hospitality
Others
Automotive
Education
Energy and Utilities

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Market Analysis and Insights: Blockchain Identity Management Market

Blockchain identity management is a process of providing a secure and decentralized solution which delivers real-time information about an entity or a person through distributed trust paradigm. It allows decentralized public key infrastructure (DPKI) to create a trusted medium and tamper-proof to distribute the encryption keys and asymmetric verification of the identity holders. It simplifies processes for customers by decreasing the manual efforts and time required for issuing identities.
With increasing digital age, people are becoming more dependent on online activities than offline activities. Now, people want power and control over their identities over with whom and how their information is shared. Blockchain identity management system is becoming a core building block for the authenticating and managing digital identities due to which the demand for this technology increases and enhances the market growth.
Blockchain identity management can make safer and easier to onboard new workers and clients. It was expensive and time-consuming to confirm the identification of new clients and employees but with blockchain identity management now businesses could quickly and inexpensively confirm the identities of new workers and clients. Hence, blockchain technology with the existing systems will widen the scope of growth is expected to drive the market growth.
The usage of blockchain for identity management is leading to the development of a more diverse financial system. There are currently billions of individuals without access to conventional banking banking services all over the globe. With the help of blockchain identity management, now people can use their blockchain-based identities to access the financial services and also participate in the global economy.

Blockchain Identity Management Market Country Level Analysis

S., Canada and Mexico in [North America]
Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, [Rest of Europe]
China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, [Rest of Asia-Pacific (APAC)]
Saudi Arabia, U.A.E, South Africa, Egypt, Israel, [Rest of Middle East and Africa (MEA)]
Brazil, Argentina and [Rest of South America]

Blockchain Identity Management Market Share Analysis

The blockchain identity management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to blockchain identity management market.

Key player in the Blockchain Identity Management Market

Amazon Web Services, Inc. (U.S.)
IBM (U.S.)
Bitfury Group Limited (Netherlands)
Civic Technologies, Inc (U.S.)
EVERNYM INC., (U.S.)
NETKI (U.S.)
Microsoft (U.S.)
Oracle (U.S.)
KYC-CHAIN LIMITED (China)
Factom (U.S.)
OARO (Canada)
Procivis AG (Germany)
BTL Group (Ukraine)
OriginalMy (Brazil)
Bitnation (U.S.)
Tracxn Technologies Limited. (India)

MAJOR TOC OF THE REPORT

Chapter One: Introduction
Chapter Two: Market Segmentation
Chapter Three: Market Overview
Chapter Four: Executive Summary
Chapter Five: Premium Insights
Chapter Six: Blockchain Identity Management Market Share by Product Procedure type

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