Blockchain Identity Management Market 2021 Business Scenario | Key players – Bitfury Group Limited, Cognizant, Infosys



Blockchain Identity Management Market

Streamlining business activities through high transaction speed and steadfastness are some of the factors fueling the growth of this market.

PORTLAND, PORTLAND, OR, UNITED STATES, August 9, 2021 / – Increasing transaction transparency, increasing the need to ensure product quality, reliability, authenticity and safety, and increasing investment by retail sectors in blockchain-based solutions are fueling the growth of the global market blockchain identity management market. On the other hand, the lack of qualified experts hinders growth to some extent. Nevertheless, the rapid evolution of the retail and international trade sector is expected to open up a number of opportunities for the major players in the industry.

The global blockchain identity management market was estimated at $ 107 million in 2018 and is expected to reach $ 11.46 billion by 2026, registering a CAGR of 79.2% during the study period.

Based on organization size, the large enterprise segment accounted for over four-fifths of the global blockchain identity management market revenue in 2018, and is expected to reign over the estimated period. The growing need to eliminate conventional problems, innovate new solutions and deliver tangible business results are the main factors driving the growth of the segment. At the same time, the small and medium business segment is expected to grow at the fastest CAGR of 85.7% throughout the forecast period. The increasing need to move from traditional business models to digital businesses is fueling growth.

Based on the service provider, the infrastructure providers segment contributed more than half of the global blockchain identity management market share in 2018, and is expected to dominate throughout the study period. The increased need to evolve the organization’s infrastructure in a secure and sustainable manner is driving the growth of this segment. Simultaneously, the application provider segment is expected to post the fastest CAGR of 84.8% by the end of 2026. The increased need to reduce the involvement of third parties or middlemen is the key driving factor. market demand for this segment.

Download a sample report (get full information in PDF format – 252 pages) @

Profiling of key players: Amazon Web Services, Inc. (AWS), Auxesis Services & Technologies (P) Ltd., Bitfury Group Limited, Cognizant, Infosys Limited, International Business Machines Corporation (IBM), Microsoft Corporation, Oracle Corporation, SAP SE , and Tata Consultancy Services Limited.

Based on geography, North America held the largest share in 2018, generating almost half of the global blockchain identity management market. This is due to the presence of major market players in this province. The Asia-Pacific region, on the other hand, would cite the fastest CAGR of 89.7% by 2026. Growing data security concerns and customer demands are the main factors propelling the demand for blockchain among the retailers in this region.

For a purchase request:

Finally, this report provides market information in the most comprehensive way. The structure of the report has been maintained to provide maximum business value. It provides critical information on market dynamics and will enable strategic decision making for existing market players as well as for those who wish to enter the market.

If you have any special requirements, please let us know and we will offer the report to you according to your requirement.

Buy this report now on:

Thank you for reading this article; you can also get individual sections by chapter or report versions by region like North America, Europe or Asia at

Similar reports –

1. Human-machine interface market –

2. Artificial Intelligence Software Market –

About Us:

Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global businesses as well as medium and small businesses with unmatched quality of “market research reports” and “business intelligence solutions”. AMR has a focused vision to provide business information and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.

Pawan Kumar, CEO of Allied Market Research, leads the organization towards delivering high quality data and information. We have professional relationships with various companies, which helps us extract market data which helps us generate accurate research data tables and confirm the highest accuracy in our market forecast. Each of the data presented in the reports we publish is extracted through primary interviews with senior officials of the main companies in the field concerned. Our secondary data sourcing methodology includes in-depth online and offline research and discussions with industry-savvy professionals and analysts.

David Corréa
Allied Analytics srl
+1 800-792-5285
write us here
Visit us on social networks:

Street.! An online subscription-based report library – Allied Market Research



Leave A Reply