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Blockchain Identity Management Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global blockchain identity management market reached a value of US$ 420.74 Million in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 19,800.45 Million by 2027, exhibiting a CAGR of 84.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

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, along with forecasts at the global, regional and country level from 2022-2027. 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).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Million
Segment Coverage Component, Provider, Organization Size, Industry Vertical, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered 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).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

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?

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

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$), 2016-2021
Figure 3: Global: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 4: Global: Blockchain Identity Management Market: Breakup by Component (in %), 2021
Figure 5: Global: Blockchain Identity Management Market: Breakup by Provider (in %), 2021
Figure 6: Global: Blockchain Identity Management Market: Breakup by Organization Size (in %), 2021
Figure 7: Global: Blockchain Identity Management Market: Breakup by Industry Vertical (in %), 2021
Figure 8: Global: Blockchain Identity Management Market: Breakup by Region (in %), 2021
Figure 9: Global: Blockchain Identity Management (Platform) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Blockchain Identity Management (Platform) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Blockchain Identity Management (Services) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Blockchain Identity Management (Services) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Blockchain Identity Management (Application Providers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Blockchain Identity Management (Application Providers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Blockchain Identity Management (Middleware Providers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Blockchain Identity Management (Middleware Providers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Blockchain Identity Management (Infrastructure Providers) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Blockchain Identity Management (Infrastructure Providers) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Blockchain Identity Management (Large Enterprises) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Blockchain Identity Management (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: Global: Blockchain Identity Management (Small and Medium-sized Enterprises (SMEs)) Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: Global: Blockchain Identity Management (Small and Medium-sized Enterprises (SMEs)) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: Global: Blockchain Identity Management (BFSI) Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: Global: Blockchain Identity Management (BFSI) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Global: Blockchain Identity Management (Government) Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Global: Blockchain Identity Management (Government) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Global: Blockchain Identity Management (Healthcare and Life Sciences) Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Global: Blockchain Identity Management (Healthcare and Life Sciences) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: Global: Blockchain Identity Management (Telecom and IT) Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: Global: Blockchain Identity Management (Telecom and IT) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Global: Blockchain Identity Management (Retail and E-Commerce) Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Global: Blockchain Identity Management (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: Global: Blockchain Identity Management (Transport and Logistics) Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: Global: Blockchain Identity Management (Transport and Logistics) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: Global: Blockchain Identity Management (Real Estate) Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: Global: Blockchain Identity Management (Real Estate) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Global: Blockchain Identity Management (Media and Entertainment) Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Global: Blockchain Identity Management (Media and Entertainment) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Global: Blockchain Identity Management (Travel and Hospitality) Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Global: Blockchain Identity Management (Travel and Hospitality) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Global: Blockchain Identity Management (Other Industry Verticals) Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Global: Blockchain Identity Management (Other Industry Verticals) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: North America: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: North America: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: United States: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: United States: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: Canada: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: Canada: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: Asia-Pacific: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: Asia-Pacific: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: China: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: China: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Japan: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Japan: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: India: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: India: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: South Korea: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: South Korea: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Australia: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Australia: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Indonesia: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Indonesia: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Others: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Others: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Europe: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Europe: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Germany: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Germany: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 69: France: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 70: France: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 71: United Kingdom: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 72: United Kingdom: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 73: Italy: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 74: Italy: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 75: Spain: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 76: Spain: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 77: Russia: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 78: Russia: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 79: Others: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 80: Others: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 81: Latin America: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 82: Latin America: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 83: Brazil: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 84: Brazil: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 85: Mexico: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 86: Mexico: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 87: Others: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 88: Others: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 89: Middle East and Africa: Blockchain Identity Management Market: Sales Value (in Million US$), 2016 & 2021
Figure 90: Middle East and Africa: Blockchain Identity Management Market: Breakup by Country (in %), 2021
Figure 91: Middle East and Africa: Blockchain Identity Management Market Forecast: Sales Value (in Million US$), 2022-2027
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, 2021 and 2027
Table 2: Global: Blockchain Identity Management Market Forecast: Breakup by Component (in Million US$), 2022-2027
Table 3: Global: Blockchain Identity Management Market Forecast: Breakup by Provider (in Million US$), 2022-2027
Table 4: Global: Blockchain Identity Management Market Forecast: Breakup by Organization Size (in Million US$), 2022-2027
Table 5: Global: Blockchain Identity Management Market Forecast: Breakup by Industry Vertical (in Million US$), 2022-2027
Table 6: Global: Blockchain Identity Management Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 7: Global: Blockchain Identity Management Market: Competitive Structure
Table 8: Global: Blockchain Identity Management Market: Key Players


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