“Growing Adoption in Enterprise for Enhanced Security and Compliance”
- A significant and accelerating trend in the global blockchain identity management market is its increasing adoption within enterprises seeking enhanced security and regulatory compliance for identity management. Businesses are recognizing blockchain's potential to provide more secure and auditable identity solutions for employees, customers, and partners.
- For instance, in April 2025, Accenture announced new partnerships to implement blockchain-based identity solutions for supply chain management, focusing on verifying the identities of participants and ensuring data integrity, showcasing real-world enterprise application
- Enterprises are leveraging blockchain to streamline identity verification processes, improve data security, and meet increasingly stringent compliance requirements across various industries. This trend is driven by the need to reduce fraud, enhance data governance, and build trust
- The immutable and transparent nature of blockchain provides a strong foundation for managing digital identities in complex organizational ecosystems, offering benefits such as single sign-on across different platforms with enhanced security
- Consequently, more large corporations and SMEs are exploring and deploying blockchain-based identity management systems to bolster their security posture and operational efficiency
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 2032
.
The Global Blockchain Identity Management Market size was valued at USD 4.92 USD Billion in 2024.
The Global Blockchain Identity Management Market is projected to grow at a CAGR of 20.1% during the forecast period of 2025 to 2032.
The major players operating in the market include Amazon Web ServicesInc. , IBM , Bitfury Group Limited , Civic TechnologiesInc , EVERNYM INC. NETKI , Microsoft , Oracle , KYC-CHAIN LIMITED , Factom , OARO , Procivis AG , BTL Group , OriginalMy , Bitnation , Tracxn Technologies Limited..
The market report covers data from the North America.
