Global Blockchain Identity Management Market Trends

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Global Blockchain Identity Management Market Size, Share, and Trends Analysis Report Trends

  • ICT
  • Upcoming Report
  • Oct 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
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“Increased Adoption of Decentralized Identity Solutions”

One significant trend driving growth in the blockchain identity management market is the increased adoption of decentralized identity solutions. These solutions empower individuals to control their personal information securely without relying on central authorities. For instance, in March 2023, Ping Identity, a prominent provider of enterprise intelligent identity solutions, launched PingOne Neo, a cutting-edge offering that delivers early access to a decentralized identity management solution. This solution supports multiple standards and enhances data security, individual privacy, and control over personal information. By streamlining operational efficiency and ensuring compliance with business regulations, PingOne Neo represents a significant advancement in identity management technology for enterprises.

Frequently Asked Questions

The market is segmented based on Segmentation, By Component (Software and Services),  Application (Loyalty and Rewards Management, Identity Management, Supply Chain Management, Payments and Smart Contracts, Compliance Management, and Others), Networks (Permissioned and Permission less), Provider (Application, Middleware, and Infrastructure), Organization Size (Large Enterprises, Small Enterprises, and 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, and Others) – Industry Trends and Forecast to 2031 .
The Global Blockchain Identity Management Market size was valued at USD 1.95 USD Billion in 2023.
The Global Blockchain Identity Management Market is projected to grow at a CAGR of 82% during the forecast period of 2024 to 2031.
The major players operating in the market include Amazon Web Services , IBM, Bitfury Group Limited, Civic Technologies , EVERNYM , NETKI, Microsoft, Oracle, KYC-CHAIN LIMITED, Factom, OARO, Procivis AG, BTL Group, OriginalMy, Bitnation, Tracxn Technologies Limited. .
The market report covers data from the U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

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