Global Blockchain Identity Management Market Comprehensive Analysis to 2027 Lead By Amazon, Bitfury, BTL Group, Civic Technologies, Evernym, Factom, IBM, KYC-Chain, Netki and Shocard
Some of the key players influencing the blockchain identity management market include Amazon Web Services, Bitfury, BTL Group, Civic Technologies, Evernym, Factom, IBM Corporation, KYC-Chain, Netki, and Shocard among others.
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Blockchain technology helps in creating a platform for the protection of individual's identity against theft and potential fraudulent activities. It also enables the individuals to create digitally encrypted identities with comprehensive security functionalities. Maintaining separate profiles for authentication is challenging. Blockchain aids in replacing the username and passwords of these profiles and saves the overall time. The increasing concerns related to security in the conventional approaches have significantly steered the adoption of blockchain identity management. However, absence of a universal set of standards is impeding the growth of the blockchain identity management market to a certain extent. Proliferation of IoT technology is opportunistic for the market growth.
The report aims to provide an overview of the global blockchain identity management market with detailed market segmentation by provider, industry vertical, and geography. The global blockchain identity management market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading market players and offers key trends and opportunities in the blockchain identity management market.
Besides this, the report analyzes factors affecting blockchain identity management market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis. Further, the report also includes ecosystem analysis for the blockchain identity management market.
Also, key market players influencing the blockchain identity management market are profiled in the study along with their SWOT analysis and market strategies. The report also focuses on leading industry players with information such as company profiles, products, and services offered, financial information for the last 3 years, a key development in the past five years.
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