Latest added Blockchain Identity Management Market research study by MarketDigits offers detailed product outlook and elaborates market review till 2026. The market Study is segmented by key regions that is accelerating the marketization. At present, the market is sharping its presence and some of the key players in the study are IBM, AWS, Civic Technologies, KYC-Chain, Bitfury, Evernym. The study is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.
This report studies the Blockchain Identity Management Market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Blockchain Identity Management Market by companies, region, type and end-use industry.
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Scroll down 100s of data Tables, charts and graphs spread through Pages and in-depth Table of Content on ”Blockchain Identity Management Market, By Service Provider (Application Providers, Middleware Providers, Infrastructure Providers), Organization Size (Large Enterprises, Small & Medium Enterprises (SMEs)), Industry Vertical (BFSI, Government, Healthcare and Life Sciences, Telecom and IT, Retail and e-Commerce, Transport and Logistics, Real Estate, Media and Entertainment, Travel and Hospitality) and Geography – Global Forecast to 2026″. Early buyers will get 10% customization on study.
To Avail deep insights of Blockchain Identity Management Market Size, competition landscape is provided i.e. Revenue Analysis (M $US) by Company (2018-2020), Segment Revenue Market Share (%) by Players (2018-2020) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.
Unlock new opportunities in Blockchain Identity Management Market; the latest release from MarketDigits highlights the key market trends significant to the growth prospects, Let us know if any specific players or list of players needs to consider to gain better insights.
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The global blockchain identity management market size was USD 58.3 Million in 2017 and is projected to reach USD 1,929.9 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 84.5% during the forecast period. The base year considered for the study is 2017, and the forecast period is from 2018 to 2023.
The objective of the report is to define, describe, and forecast the blockchain identity management market by provider, vertical, and region. The report analyzes the opportunities in the market for stakeholders by identifying the high-growth segments of the market. It profiles the key players of the market and comprehensively analyzes their core competencies, such as new product launches; partnerships, agreements, and collaborations. The report also covers detailed information regarding the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the market.
The research methodology used to estimate and forecast the blockchain identity management market begins with capturing data from various industry associations and consortiums, such as Enterprise Ethereum Alliance (EEA), Hyperledger Consortium, Global Blockchain Business Council, Blockchain Collaborative Consortium (BCCC), and R3CEV Blockchain Consortium, and other sources, including company financials, journals, press releases, paid databases, and annual reports. The bottom-up procedure was employed to arrive at the overall market size from the revenue of the key players in the market. After arriving at the overall market size, the total market was split into several segments and subsegments, which were then verified through primary research by conducting extensive interviews with key people, such as Chief Executive Officers (CEOs), Vice Presidents (VPs), directors, executives, and cybersecurity technologists. The data triangulation and market breakdown procedures were employed to complete the overall market engineering process and to arrive at the exact statistics for all the segments and subsegments. The breakdown of primary profiles is depicted in the following figure:
The blockchain identity management market comprises major solution providers, such as, IBM (US), AWS (US), Civic Technologies (US), KYC-Chain (Hong Kong), Bitfury (US), Evernym (US), Factom (US), Netki (US), ShoCard (US), UniquID (US), Microsoft (US), Oracle (US), Bitnation (Switzerland), Nodalblock (Spain), EdgeSecure (Airbitz, US), Blockverify (UK), Peer Ledger (Canada), Cambridge Blockchain (US), uPort (US), Originalmy (Brazil), Neuroware (Malaysia), Tradle (US), Existenceid (Australia), Coinfirm (Poland), and BTL Group (Canada). The stakeholders in the market include blockchain identity management technology providers, independent software vendors, consulting firms, system integrators, Value-added Resellers (VARs), and Information Technology (IT) agencies.
Key target audience of the blockchain identity management market report is given below:
- Regulatory bodies
- Blockchain technology solution vendors
- Independent Software Vendors (ISVs)
- Consulting firms
“The study answers several questions for the stakeholders; primarily, which market segments to focus on in the next 2 to 5 years for prioritizing their efforts and investments.”
Major Classifications are as follows:
By Service Provider
- Application Providers
- Middleware Providers
- Infrastructure Providers
By Organization Size
- Large Enterprises
- Small & Medium Enterprises (SMEs)
By Industry Vertical
- Healthcare and Life Sciences
- Telecom and IT
- Retail and e-Commerce
- Transport and Logistics
- Real Estate
- Media and Entertainment
- Travel and Hospitality
- United Kingdom
- Rest of Europe
- South Korea
- Rest of Asia Pacific
- North America
- South America
- Rest of South America
- Rest of the World
- Middle East
- Further breakdown of the North American blockchain identity management market
- Further breakdown of the European market
- Further breakdown of the APAC market
- Further breakdown of the MEA market
- Further breakdown of the Latin American market
Detailed analysis was performed to get detailed information regarding the competitors in the blockchain identity management market based on their solutions offerings and business strategies. The report reviews the major players offering blockchain identity management solutions. In addition, the report will outline the findings and analysis on how well each blockchain identity management provider performs within the MarketDigits criteria.
The blockchain identity management market is expected to grow from USD 90.4 Million in 2018 to USD 1,929.9 Million by 2023, at a Compound Annual Growth Rate (CAGR) of 84.5% during the forecast period. The major driving factors in the market are, rising security concerns with existing models across the globe, growing demand for blockchain identity solutions across industry verticals and for self-sovereign identification, and easing the business functions through high-transaction speed and immutability.
The blockchain identity management market research study aims at estimating the market size and future growth potential of the market across segments, such as provider, vertical, and region. The vertical segment covers Banking, Financial Services and Insurance (BFSI); government; healthcare and life sciences; telecom and IT; retail and e-commerce; transport and logistics; real estate; media and entertainment; travel and hospitality; and others (automotive, education, and energy & utilities). The real estate vertical is expected to grow at the highest CAGR during the forecast period. The blockchain technology for identity management’s solution and services’ various advantages, such as the integration and the verification of the users more accurately, while addressing the challenges pertaining to the data management and privacy will encourage organizations to adopt the blockchain identity management solutions on a large scale.
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