"Block Chain Identity Management Market Forecasts to 2028 – Global Analysis By Component (Platform, Services), Network (Permission Less, Permissioned), Provider (Application Providers, Infrastructure Providers) and By Geography "
According to Stratistics MRC, the Global Block Chain Identity Management Market is accounted for $362.18 million in 2020 and is expected to reach $4,4568.40 million by 2028 growing at a CAGR of 82.5 % during the forecast period. Rising demand for privacy & security solutions among enterprises and growing digitization of economies especially the developing ones are driving the market growth. However, lack of skilled experts and absence of a common set of regulatory standards is hampering the growth of the market.
Blockchain Identity Management Market is a tool comprises of a blockchain-based digital confirmation and verification process. This blockchain technology is stored and links data blocks by cryptography through virtual networks. The tool stores and encodes data on the user’s mobile device using cryptography. Each information block contains an accurate and complete record of every transaction without any change after verification. Two types of blockchains are available which are public and private.
Based on the provider, the infrastructure segment is going to have lucrative growth during the forecast period, owing to the increased requirement to scale an organization’s infrastructure in a protected and long-term manner is generally accountable for the segment’s development.
By geography, North America is going to have high growth during the forecast period, owing to the existence of major market players and ongoing developments in blockchain technology. Additionally, an increase in data security concerns among retailers is also the key factor that is expected to fuel the blockchain identity management market growth across the province.
Some of the key players profiled in the Block chain Identity Management Market include AWS, Bitfury, Bitnation, Blockverify, BTL Group, Civic Technologies, Evernym, Factom, IBM, KYC-Chain, Netki, Nodalblock, ShoCard, Tradle, UniqID.
Organization Sizes Covered:
• Large Enterprises
• Small and Medium-Sized Enterprises
• Permission Less
• Application Providers
• Infrastructure Providers
• Middleware Providers
• Hybrid Cloud
• Private Cloud
• Public Cloud
• Access Management
• Directory Services
• Multi-Factor Authentication
• Password Management
End Users Covered:
• Banking, Financial Services and Insurance (BFSI)
• Energy & Utilities
• Healthcare and Life Sciences
• Media and Entertainment
• Real Estate
• Retail and E-Commerce
• Telecom and IT
• Transport and Logistics
• Travel and Hospitality
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2019, 2020, 2021, 2025 and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
o Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
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