Block Chain Identity Management Market expected to grow at a CAGR of 80.1% by 2026: IBM, Oracle, Amazon Web Services, Factom, Civic Technologies and BitfuryMarket will be showing substantial growth in the Forecast period of 2017-2026. This report shows all the upcoming market trends, and all the recent strategies implemented by the Top players and Brands. This block chain identity management market report provides all the strategic insights of the market and all the graphical values for the forecast period.
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.
Some of the Key Players in Global Blockchain Identity Management Market are:
· Amazon Web Services
· BTL Group
· Peer Ledger
· Civic Technologies
· Cambridge Blockchain
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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.
Organization Sizes Covered:
• Small and Medium-Sized Enterprises
• Large Enterprises
• Middleware Providers
• Application Providers
• Infrastructure Providers
End Users Covered:
• Telecom and IT
• Banking, Financial Services, and Insurance
• Media and Entertainment
• Travel and Hospitality
• Healthcare and Life Sciences
• Retail and Ecommerce
• Real Estate
• Transport and Logistics
• Other End Users
Based on provider, application providers segment is growing due to observed a level of adoption towards the industry verticals due to the advantages provided by these solutions.
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Based on end user, the banking, financial service, and insurance 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.
Major Chapters Covered In Blockchain Identity Management Market Research Are:
1 Executive Summary
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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Analysis based on
1. What was the market size in 2026?
2. What are the moves of key players?
3. Which region is leading the market at global level?
4. A comprehensive/competitive analysis of the market?
5. Strategies of key players and product offerings
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