Blockchain Identity Management Market Share 2022

0

Market Statsville Group (Part of Statsville Consulting Pvt. Ltd.)
The Global Blockchain Identity Management Market is estimated to be valued at USD 77.23 Million in 2021 and USD 2733.60 Million in 2027, growing at a CAGR of 81.20% over the forecast period 2021-2027. Considering the growing importance of identity verification during any authentication process, the blockchain identity management market is expected to witness robust growth over the forecast period. The increasing need for real-time critical information from organizations, employees and customers is mainly driving the demand for blockchain identity management in industries such as banking, retail, l education and retail. Some of the biggest challenges with blockchain identity include the risk of identity theft, username/password combinations, Know-Your-Customer (KYC) integration, and lack of control. .

Major factors that will influence the Blockchain Identity Management industry during the forecast period
In the recent past, it has become increasingly necessary to build trust in transactions between the parties involved. Moreover, with the advent of technology comes an equally advanced cybersecurity threat that requires efficient and reliable support such as blockchain identity management. Rising demand for enterprise privacy and security solutions is expected to supplement the market growth till 2025. Blockchain with cryptographic security guarantees the authenticity and security of user data and remains the main driver for the expansion of the market.

Get a PDF for more professional and technical information: https://www.marketstatsville.com/request-sample/blockchain-identity-management-market

The exponential spread of e-commerce is another significant factor that will drive the growth of the blockchain identity management market in the near future. Government initiatives to encourage the deployment of advanced technologies are expected to benefit market performance. The significant increase in the demand for scalability and high transaction speed/instant transactions is also expected to create great growth opportunities for the blockchain identity management market players in the near future. However, lack of awareness about blockchain technology and its onboarding benefits will continue to hamper the market growth during the forecast period.

Impact of COVID-19 on the Blockchain Identity Management Market
The COVID-19 outbreak initially led to nationwide lockdowns, which sparked the explosive new trend – telecommuting/telecommuting – worldwide. Consequently, the propensity to adopt blockchain technology has increased significantly. It is increasingly preferred as a viable tool for providing identity protection and authentication. Amid the pandemic, blockchain identity management has gained traction among companies struggling to overcome their visibility and security challenges. The urgent need to operate along secure supply chains amid the COVID-19 pandemic has further accelerated the growth of the blockchain identity management market.

You can buy the full report at https://www.marketstatsville.com/buy-now/blockchain-identity-management-market?opt=2950

report scope
The report outlines the global Blockchain Identity Management market study based on vendor and type.

Based on Vendor, the Blockchain Identity Management Market has been segmented into –

application provider
middleware provider
infrastructure provider
On the basis of Type, the Blockchain Identity Management Market has been segmented into –

BFSI
government
Health and life sciences
Telecom and IT
Retail and e-commerce
transport and logistics
property
media and entertainment
travel and hospitality
Other (automotive, education and energy and utilities)
Regional Outlook for the Blockchain Identity Management Market
Based on region, the blockchain identity management printing market has been segmented into five geographical regions: North America, Asia-Pacific, Europe, South America, Middle East & Africa. In 2020, North America held the largest global blockchain identity management market share, followed by Asia-Pacific. It is further estimated that North America is expected to dominate the global blockchain identity management market over the forecast period, while Asia-Pacific is expected to register the highest CAGR in the global market during the forecast period. forecast period.

Leading competitors in the global blockchain identity management market include:
The global blockchain identity management market has a large number of players operating across the globe. Some of the Major Players in the Global Blockchain Identity Management Market are-

IBM
AWS
Citizen technologies
bitwut
Evernym
Netki
ShoCard
Unique identifier
Microsoft
bit nation
node block
EdgeSecure
revocation check
Peer Ledger
Cambridge Blockchain
Neuroware.
The Blockchain Identity Management Market report provides an in-depth analysis of macroeconomic factors and market attractiveness of each segment. The report will provide an in-depth qualitative and quantitative assessment of industry/regional outlook with the presence of market players in each segment and region/country. The information completed in the report includes entries.

Access full report description, table of contents, table of figures, chart, etc. @ https://www.marketstatsville.com/table-of-content/blockchain-identity-management-market

The Blockchain Identity Management Market report covers an exhaustive analysis on
Market Segmentation and Regional Analysis
10 year market size
price analysis
Supply and demand analysis
Product life cycle analysis
Porter’s Five Forces and Value Stream Analysis
Analysis of industrialized and emerging countries
PEST analysis
Factor analysis of the market and forecasts
Opportunities, risks and market trends
Conclusion & recommendation
regulatory landscape
Patent analysis
competitive landscape
More than 15 company profiles
Blockchain Identity Management Market Regional Analysis Includes:
North America (United States, Canada, Mexico)
South America (Brazil, Argentina, Colombia, Peru, Rest of Latin America)
Europe (Germany, Italy, France, Great Britain, Spain, Poland, Russia, Slovenia, Slovakia, Hungary, Czech Republic, Belgium, Netherlands, Norway, Sweden, Denmark, rest of Europe)
Asia-Pacific (China, Japan, India, South Korea, Indonesia, Malaysia, Thailand, Vietnam, Myanmar, Cambodia, Philippines, Singapore, Australia and New Zealand, rest of Asia-Pacific)
The Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa, North Africa, Rest of MEA
Blockchain Identity Management Market Target Audience
Blockchain Identity Management Manufacturer
Manufacturer of surgical equipment and blockchain identity management
Manufacturers, Distributors and Healthcare Providers
Specialized publications and magazines
Authorities, associations and organizations

Description of the report request: https://www.marketstatsville.com/blockchain-identity-management-market

Contact us:
Eric Martin
416 Standberry Street East,
Perkins, Oklahoma 74059, USA
USA: +1-580-205-2707 | India: +91-702-496-8807
Email: [email protected]
MSG Blog https://marketstatsvilleblogs.com/
The Web: https://marketstatsville.com/

About Us:
Market Statsville Group (MSG) partners with businesses and society to address their critical risks and challenges in order to seize the enormous opportunities before them. MSG began its work in 2017, and since then the brand has evolved to become a pioneer in business consulting and market research services.
We are the leading market research and strategy builder with the depth and breadth of solutions that perfectly meet all your needs. MSG provides solutions across a wide range of industry verticals in market sizing, analytics and incisive business intelligence. MSG’s experienced research analysts are skilled at digging deep and providing a variety of customizable data that helps you make decisions with clarity, confidence, and impact.

This press release was published on openPR.

Share.

Comments are closed.