Global Blockchain Identity Management Market Size was valued at USD 680 million in 2022 and is projected to reach USD 128220 million by 2030, growing at a CAGR of 92.5% from 2023 to 2030
Blockchain technology is a management service that helps in creating platforms for the protection against identity theft and fraudulent activities. The term ‘Block’ refers to every record comprehensively stored and recorded in the data of all the transactions that cannot be changed once the person gets it verified and secured. Blockchain Identity Management also helps the individual to create multiple substitute usernames and passwords for himself while providing secured data and features capable of saving resources and time.
The latest research on the Blockchain Identity Management market provides a comprehensive overview of the market for the years 2023 to 2030. It gives a comprehensive picture of the global Blockchain Identity Management industry, considering all significant industry trends, market dynamics, competitive landscape, and market analysis tools such as Porter’s five forces analysis, Industry Value chain analysis, and PESTEL analysis of the Blockchain Identity Management market. Moreover, the report includes significant chapters such as Patent Analysis, Regulatory Framework, Technology Roadmap, BCG Matrix, Heat Map Analysis, Price Trend Analysis, and Investment Analysis which help to understand the market direction and movement in the current and upcoming years. The report is designed to help readers find information and make decisions that will help them grow their businesses. The study is written with a specific goal in mind: to give business insights and consultancy to help customers make smart business decisions and achieve long-term success in their particular market areas.
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Key Prominent Players 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) And Other Major Players
Market segmentation
The Blockchain Identity Management market is segmented by type and application. Growth between segments over the period 2023-2030 provides accurate calculations and forecasts of revenue by type and application in terms of volume and value. This analysis can help you expand your business by targeting eligible niches.
Blockchain Identity Management Market Segment by Types, Estimates, and Forecast by 2030
- Permissioned
- Permission less
Blockchain Identity Management Market Segment by Applications, Estimates, and Forecast by 2030
- BFSI
- IT & Telecom
- Government & Public Sector
- Real Estate
- Retail and E-Commerce
- Transport and Logistics
- Media & Entertainment
- Healthcare & Life Sciences
- Others
By Region
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Impact of COVID-19 on Blockchain Identity Management Market
With the new norms of social distancing because of Coronavirus, the Blockchain Identity Management industries are facing challenges every day in managing and controlling the workforce. The switch to a temporary ‘new-normal’ is creating a lot of glitches in the industry as the work for the organizations is done online. Due to this, the It and Telecom industry has flourished with very few glitches in Blockchain Identity Management market. As the number of individuals is increasing on the online database, the threat of identity theft is increasing which is increasing the blockchain identity management market.
The Report Answers Such Questions As:
- What is the market size for Blockchain Identity Management and its forecast?
- What are the limiting factors and the impact of COVID-19 in shaping the Global Blockchain Identity Management Market?
- Which products/segments/applications/areas to invest in over the Global Blockchain Identity Management Market forecast period?
- What is the Global Blockchain Identity Management Market’s strategic competitive window for new opportunities?
- What technology trends are there in the Global Blockchain Identity Management Market?
- What is the market size of the most prominent vendors in the Global Blockchain Identity Management Marketplace?
- What strategic moves and methods are appropriate for entry into the Global Blockchain Identity Management Market?
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