Blockchain Identity Management Market to Reach USD 128.81 million with an 82.00% CAGR

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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Benefits of Considering this Report:

·        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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 Some of the key questions answered in this report:

·        How has the Blockchain Identity Management Market performed so far and how will it perform in the coming years?

·        What are the key regional markets?

·        What is the breakup of the market based on the procedure?

·        What is the breakup of the market based on the injury location?

·        What is the breakup of the market based on the end user?

·        What are the various stages in the value chain of the industry?

·        What are the key driving factors and challenges in the industry?

·        What is the structure of the Blockchain Identity Management Market and who are the key players?

·        What is the degree of competition in the industry?

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

·        U.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 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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https://www.databridgemarketresearch.com/toc/?dbmr=global-blockchain-identity-management-market

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