Blockchain Identity Management Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027

The Global Blockchain Identity Management Market size was valued at $107.00 million in 2018 and is projected to reach $11.46 billion by 2026, registering a CAGR of 79% from 2021 to 2027.

Blockchain Identity Management is an identity management tool that consists of a blockchain-based digital verification and authentication process. Blockchain identity management tools store and encrypt data on users’ mobile devices rather than in a central database. Blockchain technology uses cryptography to store and connect blocks of data through virtual networks. Every block of information contains a complete and accurate record of every transaction that cannot be changed once verified. There are two main types of blockchains: public and private. In a public blockchain, computers are connected to the public internet, allowing participation of other computers connected to the same network. The private’s blockchain, on the other hand, allows only known enterprise devices to participate in the network. Private blockchains are more secure because they use the identities of participants to verify their membership and know who they are sharing their data with.

 

Market Segments

By Provider

• Application Providers
• Middleware Providers
• Infrastructure Providers

By Vertical

• BFSI
• Government
• Healthcare and Life Sciences
• Telecom and IT
• Retail and e-Commerce
• Transport and Logistics
• Real Estate
• Media and Entertainment
• Travel and Hospitality

Key Players

The key players in the blockchain identity management market are IBM (U.S.), AWS (U.S.), Civic Technologies (U.S.), KYC-Chain (Hong Kong), Bitfury (U.S.), Evernym (U.S.), and others.

Scope of the Report

The research study analyzes the global Blockchain Identity Management industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments

o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage

o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Blockchain Identity Management Market Report

1. What was the Blockchain Identity Management Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).

2. What will be the CAGR of the Blockchain Identity Management Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Blockchain Identity Management Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.