North America Blockchain Identity Management Market is expected to grow with the CAGR of 52.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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North America blockchain identity management market is a highly consolidated market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.
The major players dealing in North America blockchain identity management market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio and business expansions. For instance, in April, 2019, Amazon Web Services Inc., introduced Amazon Managed Blockchain, a new service which is now available for the customers who require managing and maintaining blockchain networks to execute transactions. Company increased their customer base through the enhanced solution offering for the market using blockchain technology.
IBM Corporation is the dominating player in North America blockchain identity management market. The other key players existing in the market includes Microsoft, Amazon Web Services, Inc. (A Subsidiary of Amazon.com, Inc.), Oracle, Bitfury Group Limited, Cambridge Blockchain, Civic Technologies, Inc., EVERNYM INC., Factom, Netki, Peer Ledger Inc., uPort, Uniquid Inc, OARO, Procivis AG and Tradle among others.
IBM Corporation
IBM Corporation is headquartered in New York, U.S. and was found in the year 1911. The company focuses on production and selling of hardware, middleware and software. The company offers wide range of product categories such as analytics, automation, IBM blockchain, cloud, internet of things, it infrastructure, mobile, security, supply chain, talent, Watson and watson health among which IBM blockchain is the market focussed category. Company operates their business in various segments such as cognitive solutions, global business services, global technology services & cloud platforms, systems, global financing and other.
- In May 2020, IBM Corporation has launched new rapid supplier connect network platform for healthcare organizations based on the blockchain technology. To respond the equipment shortages issue emerged due to pandemic disease COVID-19 company initiated this platform. The solution is designed for government agencies, hospitals and others to find the alternative suppliers during pandemic situation.
The company has wide global presence across North America, South America, Europe, Middle East and Africa, Asia-Pacific with its various subsidiaries such as FileNet (U.S.), Trusteer (U.S.), Urbancode (U.S.), The Weather Company (U.S.), IBM Global Services (U.S.) and SoftLayer (U.S.), among others.
Microsoft
Microsoft is headquartered in Washington, U.S. was founded in 1975. The company focuses on enabling digital transformation of the era of an intelligent cloud and an intelligent edge. The company operates in productivity & business processes, intelligent cloud, more personal computing segments out of which intelligent cloud is market focused segments. The company offers wide range of product categories such as software, PCs & devices, entertainment, business, developer & IT and other, among which business is the market focussed category.
- In February 2019, Microsoft formed partnership with ExxonMobil to develop solution for Permian Basin oil and gas industry. ExxonMobil’s subsidiary XTO energy deployed blockchain technology to improve the operational efficiency. Through this, the company has enhanced their offering for the U.S. market.
The company has wide presence across North America, South America, Europe, Middle East and Africa, Asia-Pacific and generates revenue from subsidiaries such as Skype Technologies (U.S.), Citus Data, Inc. (U.S.), Xamarin (U.S.), LinkedIn Corporation (U.S.) and FSLogix, Inc. (U.S.), among others.
Oracle
Oracle is headquartered in California, U.S. and was found in 1977. The company offers products and services including applications for various information technology (IT) enterprises. The company operates in cloud and license, hardware, services segments, out of which cloud and license is the market focused segment. The company offers wide product range such as generation 2 cloud infrastructure, on-premise infrastructure, cloud applications, government and cloud, among which generation 2 cloud infrastructure is the market focused product category.
- In October 2018, Oracle introduced new solution named as Oracle Blockchain Applications Cloud, a business-ready blockchain application. This latest SaaS applications suite offers the enhanced transparency & traceability in the supply chain operations. Through this, the company enhanced their offering for the market which helps to increase their customer base.
The company has presence across the globe in Americas, Asia-Pacific, Europe, Middle East and Africa. The company also generates revenue through subsidiaries such as NetSuite (U.S.), Taleo (U.S.), Art Technology Group (U.S.), BlueKai (U.S.) and Responsys (U.S.), among others.
