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PUBLISHER: IMARC | PRODUCT CODE: 1291472

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PUBLISHER: IMARC | PRODUCT CODE: 1291472

Blockchain Identity Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

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Market Overview:

The global blockchain identity management market size reached US$ 797.7 Million in 2022. Looking forward, IMARC Group expects the market to reach US$ 36,591.4 Million by 2028, exhibiting a growth rate (CAGR) of 84% during 2023-2028.

Blockchain identity management is a process of providing a decentralized and secure solution that offers real-time information about a person or an entity via a distributed trust paradigm. It enables decentralized public key infrastructure (DPKI), which creates a tamper-proof and trusted medium to distribute the asymmetric verification and encryption keys of the identity holders. It simplifies processes for users by reducing the time and manual efforts required for issuing identities. Apart from this, it ensures the security, reliability, and authenticity of the data of users with its cryptographic security. As a result, it finds extensive applications in the banking, financial services, and insurance (BFSI), government, healthcare, automotive, transportation, retail, information and technology (IT), and telecom sectors.

Blockchain Identity Management Market Trends:

At present, there is a surge in cyber-attacks and data breaches to steal confidential data of private companies and government organizations across the globe. This, along with the growing demand for effective identity management models in various organizations to help in regulatory compliance and keep track of employee activities, represents one of the key factors driving the market. Moreover, the escalating demand for self-sovereign identification technology in various industries to store minimum personal data of users while also increasing the efficiency of the identification process is propelling the market growth. In addition, the rising utilization of blockchain identity management for building trust and transaction transparency between two or more businesses to ensure the authenticity of the data is positively influencing the market. Additionally, governments of several countries are taking initiatives to promote the employment of blockchain identity management for enhanced scalability and transaction speed. Other growth-inducing factors are the growing sales of smartphones, especially in developing economies, and the increasing proliferation of the internet worldwide.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global blockchain identity management market report, along with forecasts at the global, regional and country level from 2023-2028. Our report has categorized the market based on component, provider, organization size and industry vertical.

Breakup by Component:

  • Platform
  • Services

Breakup by Provider:

  • Application Providers
  • Middleware Providers
  • Infrastructure Providers

Breakup by Organization Size:

  • Large Enterprises
  • Small and Medium-sized Enterprises (SMEs)

Breakup by Industry 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
  • Others

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amazon Web Services Inc. (Amazon.com Inc.), Bitfury Group Limited, Blockchains Inc., Civic Technologies Inc., Cognizant, Evernym Inc. (Avast Software s.r.o.), Infosys Limited, International Business Machines Corporation, Microsoft Corporation, Oracle Corporation and Tata Consultancy Services Limited (Tata Group).

Key Questions Answered in This Report:

  • How has the global blockchain identity management market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global blockchain identity management market?
  • What are the key regional markets?
  • What is the breakup of the market based on the component?
  • What is the breakup of the market based on the provider?
  • What is the breakup of the market based on the organization size?
  • What is the breakup of the market based on the industry vertical?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global blockchain identity management market and who are the key players?
  • What is the degree of competition in the industry?
Product Code: SR112023A5873

Table of Contents

1   Preface

2   Scope and Methodology

  • 2.1  Objectives of the Study
  • 2.2  Stakeholders
  • 2.3  Data Sources
    • 2.3.1  Primary Sources
    • 2.3.2  Secondary Sources
  • 2.4  Market Estimation
    • 2.4.1  Bottom-Up Approach
    • 2.4.2  Top-Down Approach
  • 2.5  Forecasting Methodology

3   Executive Summary

4   Introduction

  • 4.1  Overview
  • 4.2  Key Industry Trends

5   Global Blockchain Identity Management Market

  • 5.1  Market Overview
  • 5.2  Market Performance
  • 5.3  Impact of COVID-19
  • 5.4  Market Forecast

6   Market Breakup by Component

  • 6.1  Platform
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2  Services
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7   Market Breakup by Provider

  • 7.1  Application Providers
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2  Middleware Providers
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast
  • 7.3  Infrastructure Providers
    • 7.3.1 Market Trends
    • 7.3.2 Market Forecast

8   Market Breakup by Organization Size

  • 8.1  Large Enterprises
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2  Small and Medium-sized Enterprises (SMEs)
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9   Market Breakup by Industry Vertical

  • 9.1  BFSI
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2  Government
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast
  • 9.3  Healthcare and Life Sciences
    • 9.3.1 Market Trends
    • 9.3.2 Market Forecast
  • 9.4  Telecom and IT
    • 9.4.1 Market Trends
    • 9.4.2 Market Forecast
  • 9.5  Retail and E-Commerce
    • 9.5.1 Market Trends
    • 9.5.2 Market Forecast
  • 9.6  Transport and Logistics
    • 9.6.1 Market Trends
    • 9.6.2 Market Forecast
  • 9.7  Real Estate
    • 9.7.1 Market Trends
    • 9.7.2 Market Forecast
  • 9.8  Media and Entertainment
    • 9.8.1 Market Trends
    • 9.8.2 Market Forecast
  • 9.9  Travel and Hospitality
    • 9.9.1 Market Trends
    • 9.9.2 Market Forecast
  • 9.10  Others
    • 9.10.1 Market Trends
    • 9.10.2 Market Forecast

10  Market Breakup by Region

  • 10.1  North America
    • 10.1.1 United States
      • 10.1.1.1 Market Trends
      • 10.1.1.2 Market Forecast
    • 10.1.2 Canada
      • 10.1.2.1 Market Trends
      • 10.1.2.2 Market Forecast
  • 10.2  Asia-Pacific
    • 10.2.1 China
      • 10.2.1.1 Market Trends
      • 10.2.1.2 Market Forecast
    • 10.2.2 Japan
      • 10.2.2.1 Market Trends
      • 10.2.2.2 Market Forecast
    • 10.2.3 India
      • 10.2.3.1 Market Trends
      • 10.2.3.2 Market Forecast
    • 10.2.4 South Korea
      • 10.2.4.1 Market Trends
      • 10.2.4.2 Market Forecast
    • 10.2.5 Australia
      • 10.2.5.1 Market Trends
      • 10.2.5.2 Market Forecast
    • 10.2.6 Indonesia
      • 10.2.6.1 Market Trends
      • 10.2.6.2 Market Forecast
    • 10.2.7 Others
      • 10.2.7.1 Market Trends
      • 10.2.7.2 Market Forecast
  • 10.3  Europe
    • 10.3.1 Germany
      • 10.3.1.1 Market Trends
      • 10.3.1.2 Market Forecast
    • 10.3.2 France
      • 10.3.2.1 Market Trends
      • 10.3.2.2 Market Forecast
    • 10.3.3 United Kingdom
      • 10.3.3.1 Market Trends
      • 10.3.3.2 Market Forecast
    • 10.3.4 Italy
      • 10.3.4.1 Market Trends
      • 10.3.4.2 Market Forecast
    • 10.3.5 Spain
      • 10.3.5.1 Market Trends
      • 10.3.5.2 Market Forecast
    • 10.3.6 Russia
      • 10.3.6.1 Market Trends
      • 10.3.6.2 Market Forecast
    • 10.3.7 Others
      • 10.3.7.1 Market Trends
      • 10.3.7.2 Market Forecast
  • 10.4  Latin America
    • 10.4.1 Brazil
      • 10.4.1.1 Market Trends
      • 10.4.1.2 Market Forecast
    • 10.4.2 Mexico
      • 10.4.2.1 Market Trends
      • 10.4.2.2 Market Forecast
    • 10.4.3 Others
      • 10.4.3.1 Market Trends
      • 10.4.3.2 Market Forecast
  • 10.5  Middle East and Africa
    • 10.5.1 Market Trends
    • 10.5.2 Market Breakup by Country
    • 10.5.3 Market Forecast

11  SWOT Analysis

  • 11.1  Overview
  • 11.2  Strengths
  • 11.3  Weaknesses
  • 11.4  Opportunities
  • 11.5  Threats

12  Value Chain Analysis

13  Porters Five Forces Analysis

  • 13.1  Overview
  • 13.2  Bargaining Power of Buyers
  • 13.3  Bargaining Power of Suppliers
  • 13.4  Degree of Competition
  • 13.5  Threat of New Entrants
  • 13.6  Threat of Substitutes

14  Price Analysis

15  Competitive Landscape

  • 15.1  Market Structure
  • 15.2  Key Players
  • 15.3  Profiles of Key Players
    • 15.3.1  Amazon Web Services Inc. (Amazon.com Inc.)
      • 15.3.1.1 Company Overview
      • 15.3.1.2 Product Portfolio
    • 15.3.2  Bitfury Group Limited
      • 15.3.2.1 Company Overview
      • 15.3.2.2 Product Portfolio
    • 15.3.3  Blockchains Inc.
      • 15.3.3.1 Company Overview
      • 15.3.3.2 Product Portfolio
    • 15.3.4  Civic Technologies Inc.
      • 15.3.4.1 Company Overview
      • 15.3.4.2 Product Portfolio
    • 15.3.5  Cognizant
      • 15.3.5.1 Company Overview
      • 15.3.5.2 Product Portfolio
      • 15.3.5.3 Financials
      • 15.3.5.4 SWOT Analysis
    • 15.3.6  Evernym Inc. (Avast Software s.r.o.)
      • 15.3.6.1 Company Overview
      • 15.3.6.2 Product Portfolio
    • 15.3.7  Infosys Limited
      • 15.3.7.1 Company Overview
      • 15.3.7.2 Product Portfolio
      • 15.3.7.3 Financials
      • 15.3.7.4 SWOT Analysis
    • 15.3.8  International Business Machines Corporation
      • 15.3.8.1 Company Overview
      • 15.3.8.2 Product Portfolio
      • 15.3.8.3 Financials
    • 15.3.9  Microsoft Corporation
      • 15.3.9.1 Company Overview
      • 15.3.9.2 Product Portfolio
      • 15.3.9.3 Financials
      • 15.3.9.4 SWOT Analysis
    • 15.3.10  Oracle Corporation
      • 15.3.10.1 Company Overview
      • 15.3.10.2 Product Portfolio
      • 15.3.10.3 Financials
    • 15.3.11  Tata Consultancy Services Limited (Tata Group)
      • 15.3.11.1 Company Overview
      • 15.3.11.2 Product Portfolio
      • 15.3.11.3 Financials
      • 15.3.11.4 SWOT Analysis
Product Code: SR112023A5873

List of Figures

  • Figure 1: Global: Blockchain Identity Management Market: Major Drivers and Challenges
  • Figure 2: Global: Blockchain Identity Management Market: Sales Value (in Million US$), 2017-2022
  • Figure 3: Global: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 4: Global: Blockchain Identity Management Market: Breakup by Component (in %), 2022
  • Figure 5: Global: Blockchain Identity Management Market: Breakup by Provider (in %), 2022
  • Figure 6: Global: Blockchain Identity Management Market: Breakup by Organization Size (in %), 2022
  • Figure 7: Global: Blockchain Identity Management Market: Breakup by Industry Vertical (in %), 2022
  • Figure 8: Global: Blockchain Identity Management Market: Breakup by Region (in %), 2022
  • Figure 9: Global: Blockchain Identity Management (Platform) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 10: Global: Blockchain Identity Management (Platform) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 11: Global: Blockchain Identity Management (Services) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 12: Global: Blockchain Identity Management (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 13: Global: Blockchain Identity Management (Application Providers) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 14: Global: Blockchain Identity Management (Application Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 15: Global: Blockchain Identity Management (Middleware Providers) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 16: Global: Blockchain Identity Management (Middleware Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 17: Global: Blockchain Identity Management (Infrastructure Providers) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 18: Global: Blockchain Identity Management (Infrastructure Providers) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 19: Global: Blockchain Identity Management (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 20: Global: Blockchain Identity Management (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 21: Global: Blockchain Identity Management (Small and Medium-sized Enterprises-SMEs) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 22: Global: Blockchain Identity Management (Small and Medium-sized Enterprises-SMEs) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 23: Global: Blockchain Identity Management (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 24: Global: Blockchain Identity Management (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 25: Global: Blockchain Identity Management (Government) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 26: Global: Blockchain Identity Management (Government) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 27: Global: Blockchain Identity Management (Healthcare and Life Sciences) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 28: Global: Blockchain Identity Management (Healthcare and Life Sciences) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 29: Global: Blockchain Identity Management (Telecom and IT) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 30: Global: Blockchain Identity Management (Telecom and IT) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 31: Global: Blockchain Identity Management (Retail and E-Commerce) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 32: Global: Blockchain Identity Management (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 33: Global: Blockchain Identity Management (Transport and Logistics) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 34: Global: Blockchain Identity Management (Transport and Logistics) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 35: Global: Blockchain Identity Management (Real Estate) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 36: Global: Blockchain Identity Management (Real Estate) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 37: Global: Blockchain Identity Management (Media and Entertainment) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 38: Global: Blockchain Identity Management (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 39: Global: Blockchain Identity Management (Travel and Hospitality) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 40: Global: Blockchain Identity Management (Travel and Hospitality) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 41: Global: Blockchain Identity Management (Other Industry Verticals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 42: Global: Blockchain Identity Management (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 43: North America: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 44: North America: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 45: United States: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 46: United States: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 47: Canada: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 48: Canada: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 49: Asia-Pacific: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 50: Asia-Pacific: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 51: China: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 52: China: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 53: Japan: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 54: Japan: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 55: India: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 56: India: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 57: South Korea: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 58: South Korea: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 59: Australia: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 60: Australia: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 61: Indonesia: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 62: Indonesia: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 63: Others: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 64: Others: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 65: Europe: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 66: Europe: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 67: Germany: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 68: Germany: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 69: France: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 70: France: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 71: United Kingdom: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 72: United Kingdom: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 73: Italy: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 74: Italy: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 75: Spain: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 76: Spain: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 77: Russia: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 78: Russia: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 79: Others: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 80: Others: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 81: Latin America: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 82: Latin America: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 83: Brazil: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 84: Brazil: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 85: Mexico: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 86: Mexico: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 87: Others: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 88: Others: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Middle East and Africa: Blockchain Identity Management Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 90: Middle East and Africa: Blockchain Identity Management Market: Breakup by Country (in %), 2022
  • Figure 91: Middle East and Africa: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 92: Global: Blockchain Identity Management Industry: SWOT Analysis
  • Figure 93: Global: Blockchain Identity Management Industry: Value Chain Analysis
  • Figure 94: Global: Blockchain Identity Management Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Blockchain Identity Management Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Blockchain Identity Management Market Forecast: Breakup by Component (in Million US$), 2023-2028
  • Table 3: Global: Blockchain Identity Management Market Forecast: Breakup by Provider (in Million US$), 2023-2028
  • Table 4: Global: Blockchain Identity Management Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
  • Table 5: Global: Blockchain Identity Management Market Forecast: Breakup by Industry Vertical (in Million US$), 2023-2028
  • Table 6: Global: Blockchain Identity Management Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 7: Global: Blockchain Identity Management Market: Competitive Structure
  • Table 8: Global: Blockchain Identity Management Market: Key Players
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