Global Block chain Identity Management Market By Networks (Permissioned and Permission less), Provider (Application Providers, Middleware Providers and Infrastructure Providers), Organization Size (Large Enterprise, 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), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Increasing digitization of economies especially the developing ones, growing adoption of advanced technologies such as block chain technology by small and medium scale enterprises, and rising proliferation of internet are the major factors attributable to the growth of the market. Data Bridge Market Research analyses that the block chain identity management market will exhibit a CAGR of 81.50% for the forecast period of 2021-2028. This means that the blockchain identity management market would stand tall at a market value of USD 39.56 billion by 2028.
The block chain identity management technology is a technology based on digital verification and authentication. The block chain identity management technology is an identity management tool that offers a secure and decentralized solutions for the purpose of digital identity enabling model. The block chain identity management technology provides real-time information about an individual or an entity.
Increased demand for effective conventional identity management models will emerge as the major block chain identity management market growth driving factor. Rising security and privacy concerns will further aggravate the growth of the block chain identity management market. Greater in demand for self-sovereign identification by small and medium scale enterprises, boosting sales of smartphones in the developing economies and surge in the proliferation of internet are some other factors bolstering the growth of block chain identity management market.
However, dearth of skilled personnel or trained professionals will act as a growth restraint for the block chain identity management market. Lack of certain regulatory standards will further dampen the growth rate of the blockchain identity management market.
This block chain identity management market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on block chain identity management market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Block chain Identity Management Market Scope and Market Size
The blockchain identity management market is segmented on the basis of networks, provider, organization size, and industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target market.
- On the basis of networks, the block chain identity management market is segmented into permissioned and permission less.
- On the basis of provider, the block chain identity management market is segmented into application providers, middleware providers, and infrastructure providers.
- On the basis of organization size, the block chain identity management market is segmented into large enterprise, small enterprises and medium-sized enterprises.
- On the basis of industry, the blockchain identity management market is segmented into 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. Others segment is sub-segmented into automotive, education and energy and utilities.
Global Block chain Identity Management Market Country Level Analysis
The block chain identity management market is analysed, and market size, volume information is provided by country, networks, provider, organization size and industry as referenced above.
The countries covered in the block chain identity management market report are 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, Israel, Egypt, South Africa, 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.
North America dominates the block chain identity management market and its market share will continue to expand during the forecast period owing to the increase in the adoption of advanced technologies such as internet of things and presence of major players in the region. Asia-Pacific will register the highest CAGR for the forecast period. Rising penetration of internet is a major factor fostering the market growth rate.
The country section of the block chain identity management market report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs, and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Block chain Identity Management Market Share Analysis
The block chain identity management market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to block chain identity management market.
The major players covered in the block chain identity management market report are Oracle., IBM, Ping Identity., OARO, Tradle, UniqID, Serto, OriginalMy., Neuroware, Microsoft, Netki, KYC-CHAIN LIMITED., Existence ID, Factom., EVERNYM INC., Coinfirm Limited, Civic Technologies, Inc., Cambridge Blockchain., BTL and Amazon Web Services, Inc. among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Customization Available : Global Block chain Identity Management Market
Data Bridge Market Research is a leader in consulting and advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customised to include production cost analysis, trade route analysis, price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), import export and grey area results data, literature review, consumer analysis and product base analysis. Market analysis of target competitors can be analysed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Factbook) or can assist you in creating presentations from the data sets available in the report.