Global blockchain identity management market expected to reach approximately USD 3,454 million by 2024, growing at a CAGR of slightly above 80% between 2018 and 2024. The blockchain identity management systems offer multiple benefits to its users, such as speedy transactions, elimination of malicious activities, and prevention of data breach.
The report covers a forecast and an analysis of the blockchain identity management market on a global and regional level. The study provides historical data for 2015, 2016, and 2017 along with a forecast from 2018 to 2024 based on revenue (USD Million). The study includes drivers and restraints for the blockchain identity management market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the blockchain identity management market on a global level.
This report offers a comprehensive coverage of the global blockchain identity management market along with market trends, drivers, and restraints of the blockchain identity management market. This report includes a detailed competitive scenario and product portfolio of the key vendors. To understand the competitive landscape in the market, an analysis of Porter’s Five Forces model for the blockchain identity management market has also been included. The study encompasses a market attractiveness analysis, wherein all the segments are benchmarked based on their market size, growth rate, and general attractiveness. This report is prepared using data sourced from in-house databases and secondary and primary research teams of industry experts.
The study provides a decisive view of the blockchain identity management market by segmenting the market based on deployment, application, vertical, and region. By deployment, this market is divided into the public cloud, private cloud, and hybrid cloud. By application, this market is segmented into multi-factor authentication, password management, access management, directory services, and others. The vertical segment is categorized into BFSI, retail, logistics, healthcare, government, IT and telecom, media and entertainment, travel and hospitality, and others. All the segments have been analyzed based on present and future trends and the market is estimated from 2018 to 2024. The regional segmentation includes the current and forecast demand for North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa with further division into major countries, such as the U.S., Canada, Mexico, UK, France, Germany, Italy, China, Japan, India, Australia, South Korea, Brazil, Argentina, and Saudi Arabia, UAE, South Africa, and Israel.
The report covers a detailed competitive outlook including the market share and company profiles of the key participants operating in the global blockchain identity management market Some major players operating in this global market are AWS, IBM, Civic Technologies, Bitfury, KYC-Chain, Factom, Oracle, Evernym, Inc., Netki, Inc., UniquID Inc., Peer Ledger, and BlockVerify, among others.
This report segments the global blockchain identity management market as follows:
Blockchain Identity Management Market: Deployment Segment Analysis
Blockchain Identity Management Market: Application Segment Analysis
Blockchain Identity Management Market: Vertical Segment Analysis
Blockchain Identity Management Market: Regional Segment Analysis
List of Figures
1. Market Research Process
2. Market Research Methodology
3. Blockchain Identity Management Market, 2015 - 2024(USD Million)
4. Porter’s Five Forces Analysis: Blockchain Identity Management Market
5. Blockchain Identity Management Market Attractiveness, by Deployment
6. Blockchain Identity Management Market Attractiveness, by Application
7. Blockchain Identity Management Market Attractiveness, by Vertical
8. Blockchain Identity Management Market Attractiveness, by Region
9. Blockchain Identity Management Market Revenue Share, by Deployment, 2017&2024
10. Blockchain Identity Management Market, by Public Cloud, 2015 - 2024(USD Million)
11. Blockchain Identity Management Market, by Private Cloud, 2015-2024 (USD Million)
12. Blockchain Identity Management Market, by Hybrid Cloud, 2015-2024 (USD Million)
13. Blockchain Identity Management Market Revenue Share, by Application, 2017 & 2024
14. Blockchain Identity Management Market, by Multi-factor Authentication, 2015 - 2024(USD Million)
15. Blockchain Identity Management Market, by Password Management, 2015-2024 (USD Million)
16. Blockchain Identity Management Market, by Access Management, 2015-2024 (USD Million)
17. Blockchain Identity Management Market, by Directory Services, 2015-2024 (USD Million)
18. Blockchain Identity Management Market, by Others, 2015-2024 (USD Million)
19. Blockchain Identity Management Market Revenue Share, by Vertical, 2017 & 2024
20. Blockchain Identity Management Market, by BFSI, 2015 - 2024(USD Million)
21. Blockchain Identity Management Market, by Retail, 2015-2024(USD Million)
22. Blockchain Identity Management Market, by Logistics, 2015-2024 (USD Million)
23. Blockchain Identity Management Market, by Healthcare, 2015-2024 (USD Million)
24. Blockchain Identity Management Market, by Government, 2015-2024 (USD Million)
25. Blockchain Identity Management Market, by IT and Telecom, 2015-2024 (USD Million)
26. Blockchain Identity Management Market, by Media and Entertainment, 2015-2024 (USD Million)
27. Blockchain Identity Management Market, by Travel and Hospitality, 2015-2024 (USD Million)
28. Blockchain Identity Management Market, by Others, 2015-2024 (USD Million)
29. Blockchain Identity Management Market Revenue Share, by Region, 2017&2024
30. North America Blockchain Identity Management, 2015 - 2024, (USD Million)
31. Europe Blockchain Identity Management Market, 2015 - 2024, (USD Million)
32. Asia Pacific Blockchain Identity Management Market, 2015 – 2024(USD Million)
33. Latin America Blockchain Identity Management Market, 2015-2024(USD Million)
34. The Middle East and Africa Blockchain Identity Management Market, 2015 – 2024(USD Million)
List of Tables
1. Blockchain Identity Management Market: Snapshot
2. Drivers for Blockchain Identity Management Market: Impact Analysis
3. Restraints of Blockchain Identity Management Market: Impact Analysis
4. North America Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
5. North America Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
6. North America Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
7. The U.S. Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
8. The U.S. Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
9. The U.S. Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
10. Canada Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
11. Canada Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
12. Canada Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
13. Mexico Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
14. Mexico Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
15. Mexico Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
16. Europe Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
17. Europe Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
18. Europe Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
19. UK Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
20. UK Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
21. UK Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
22. France Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
23. France Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
24. France Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
25. Germany Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
26. Germany Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
27. Germany Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
28. Italy Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
29. Italy Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
30. Italy Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
31. Rest of Europe Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
32. Rest of Europe Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
33. Rest of Europe Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
34. Asia Pacific Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
35. Asia Pacific Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
36. Asia Pacific Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
37. China Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
38. China Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
39. China Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
40. Japan Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
41. Japan Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
42. Japan Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
43. India Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
44. India Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
45. India Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
46. South Korea Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
47. South Korea Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
48. South Korea Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
49. Australia Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
50. Australia Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
51. Australia Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
52. Rest of APAC Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
53. Rest of APAC Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
54. Rest of APAC Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
55. Latin America Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
56. Latin America Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
57. Latin America Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
58. Brazil Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
59. Brazil Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
60. Brazil Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
61. Argentina Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
62. Argentina Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
63. Argentina Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
64. Rest of LATAM Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
65. Rest of LATAM Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
66. Rest of LATAM Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
67. The Middle East and Africa Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
68. The Middle East and Africa Blockchain Identity Management Market Revenue, by Application, 2015 – 2024 (USD Million)
69. The Middle East and Africa Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024 (USD Million)
70. Saudi Arabia Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
71. Saudi Arabia Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
72. Saudi Arabia Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
73. UAE Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
74. UAE Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
75. UAE Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
76. South Africa Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
77. South Africa Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
78. South Africa Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
79. Israel Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
80. Israel Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
81. Israel Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
82. Rest of MEA Blockchain Identity Management Market Revenue, by Deployment, 2015 – 2024(USD Million)
83. Rest of MEA Blockchain Identity Management Market Revenue, by Application, 2015 – 2024(USD Million)
84. Rest of MEA Blockchain Identity Management Market Revenue, by Vertical, 2015 – 2024(USD Million)
Blockchain identity management system is a tool that consists of a blockchain based authentication and digital verification process. Blockchain identity management system is highly effective, as it encrypts and stores data on a user's mobile device instead of a central database.
In today’s digital age, traditional tools or identity management systems are unable to keep up with the amount of data generated regularly. Blockchain-based identity management systems offer a safe, secure, and decentralized solution. As blockchain uses cryptography technique to link, store, and encrypt the data available in every single block with each other through a virtual network, it offers secure and faster access to an organization's data. Blockchain identity management market is anticipated to have huge growth potential in the forecast time period with digital access, authentication, and management systems being the cornerstones of shared digital future. These systems are used to prevent both the individuals and organizations from fraudulent activities, theft, and misuse of their valuable data.
Blockchain-based identity management systems protect and monitor personal and financial data during the transaction of individuals through various websites and e-commerce platform. Blockchain identity management market is projected to have a substantial rate of growth during the forecast time period, owing to its increasing applications in regular activities, such as online money transfer, updating stocks value, and election voting systems. Major concerns regarding user authentication and uncertain regulatory status might hinder the future of the blockchain identity management market globally. However, these solutions in conjunction with IoT are expected to create new market opportunities.
The blockchain identity management market by segmenting the market based on deployment, application, and vertical. By deployment, this market is divided into the public cloud, private cloud, and hybrid cloud. Private cloud is anticipated to register substantial growth in the future owing to its ability to provide good security as compared to a public cloud. By application, this market is segmented into multi-factor authentication, password management, access management, directory services, and others. The multi-factor authentication is projected to hold a substantial share in the future. The vertical segment is categorized into BFSI, retail, logistics, healthcare, government, IT and telecom, media and entertainment, travel and hospitality, and others. The BFSI segment is expected to witness significant growth over the forecast time period owing to its massive use in the banking sector.
By geography, the global blockchain identity management market is divided into the Asia Pacific, North America, the Middle East, and Africa, Europe, and Latin America. North America is anticipated to hold a significant share in the global blockchain identity management market owing to the high rate of penetration of these solutions in the U.S. and Canada.
Some major players operating in the global blockchain identity management market are AWS, IBM, Civic Technologies, Bitfury, KYC-Chain, Factom, Oracle, Evernym, Inc., Netki, Inc., UniquID Inc., Peer Ledger, and BlockVerify, among others.
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