Blockchain Identity Management Market at a CAGR of 80.1% Rising Enterprise Efficiency and Dominated by Top Competitors (Factom, UniqID, Netki, IBM, AWS, BTL Group, KYC-Chain, Oracle, Peer Ledger) and Global Future Scope to 2026

Marketprognosis.com Publish a New Market Research Report On “Blockchain Identity Management - Global Market Outlook (2017-2026)” which contains global key player’s survey information and forecast to 2026.

Overview of the Global Blockchain Identity Management Market:

The Global Blockchain Identity Management Market is accounted for $48.01 Million in 2017 and expected to grow at a CAGR of 80.1% to reach $9598.15 Million by 2026. Increasing security concerns with existing models across the globe, rising demand for blockchain identity solutions across industry, growing demand for self-sovereign identification and reduction the business functions through high transaction speed and immutability are factors driving the market growth. However, unease related to the authenticity of users, uncertain regulatory status and lack of a common set of standards are hampering the market growth. Wide ranging applications of blockchain identity solutions in banking, cybersecurity, and IOT provides an ample market opportunity.

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Based on End-User, the Banking, Financial Service and Insurance (BFSI) segment is anticipated to due to increasing need for the identity verification in the banking system and having the complexity in identification methods are favoring the market. Banks have been researching ways to share customer information within a secure manner and a blockchain-based solution is a clear contender. Cryptographic protection can help keep information secure while the ability to share a constantly updated record with many parties can simplify the administrative process by reducing unnecessary duplication of information and requests.

Geographically, North America is anticipated to grow owing to advanced technology implementation & infrastructure and strong presence of key industry players are factors driving the market in this region. Asia Pacific is projected to grow due to growing venture capital funding, significant growth in the number of startups venturing into the market space and government is focus on regulating the blockchain technology are fuelling the market in this region.

Major Key Players:

1 Factom

2 UniqID

3 Netki

4 IBM

5 AWS

6 BTL Group

7 KYC-Chain

8 Oracle

9 Peer Ledger

10 Civic Technologies and More……………

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Market Segment by Organization Sizes:

1 Small and Medium-Sized Enterprises

2 Large Enterprises

Market Segment by Providers:

1 Middleware Providers

2 Application Providers

3 Infrastructure Providers

Market Segment by End Users:

1 Government

2 Telecom and IT

3 Banking, Financial Services, and Insurance

4 Media and Entertainment

5 Travel and Hospitality

6 Healthcare and Life Sciences

7 Retail and Ecommerce

8 Real Estate

9 Transport and Logistics and Other End Users

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This study answers to the below key questions:

1 What will the market size be in 2026 and what will the growth rate be?

2 What are the key market trends?

3 What are the challenges to market growth?

4 Who are the key players in this market?

5 What are the market opportunities and threats faced by the key players?

In the end, this report covers data and information on capacity and production overview, production, market share analysis, sales overview, supply, sales, and shortage, import, export and consumption as well as cost, price, revenue and gross margin of Blockchain Identity Management Market.

Table of Contents:

1 Executive Summary

2 Preface

3 Market Trend Analysis

4 Porters Five Force Analysis

5 Global Blockchain Identity Management Market, By Organization Size

6 Global Blockchain Identity Management Market, By Provider

7 Global Blockchain Identity Management Market, By End User

8 Global Blockchain Identity Management Market, By Geography

9 Key Developments

10 Company Profiling

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This release was published on openPR.