Blockchain Identity Management Market Surprising Growth 2020 | Bitfury Group Limited, Bitnation, Blockverify, BTL Group Ltd., Cambridge Blockchain, LLC, Civic Technologies, Inc., Coinfirm, Evernym, Inc., IBM Corporation, KYC-CHAIN LIMITED, Netki, Microsof

Data Bridge Market Research provides research study on “Blockchain Identity Management market” reports. Blockchain Identity Management  survey presents vital information about the ICT industry, including very helpful and important facts and figures, expert opinions, and the latest developments across the globe. This report provides data on patterns, improvements, target business sectors, materials, limits, and advancements. The Blockchain Identity Management  report deals with thorough SWOT analysis & investment analysis which forecasts imminent opportunities for the market players. This report contains a chapter on the global market and all its linked companies with their profiles, which presents valuable data pertaining to their outlook in terms of finances, product portfolios, investment plans, and marketing and business strategies.

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Blockchain Identity Management Market is projected to register a CAGR of 52.5% in the forecast period of 2019 to 2026.

 Future Outlook and by Top key players Analysis  Amazon Web Services, Inc., Bitfury Group Limited, Bitnation, Blockverify, BTL Group Ltd., Cambridge Blockchain, LLC, Civic Technologies, Inc., Coinfirm, Evernym, Inc., Factom, Existence ID, IBM Corporation, KYC-CHAIN LIMITED, Netki, Microsoft, Neuroware, OriginalMy.com, Peer Ledger, Inc., uPort, UniqID, Tradle, Oracle, ShoCard, Nodalblock among others.

 “Product definition” Blockchain identity management offers a secure and decentralized solution for digital identity enabling distributed trust model. The blockchain technology is transforming the existing identity management system by offering the self-sovereign identity over decentralized networks as sharing multiple IDs may lead to security concerns and data breaches. Since blockchain enables decentralization, it eliminates the aforementioned intermediaries between any interaction and communication. Blockchain technology helps improving the existing identity management by resolving the issues of identity theft, KYC onboarding, and lack of control over personal data.

Global Blockchain Identity Management Market: Segment Analysis

Global Blockchain Identity Management Market By Networks (Permissioned, Permissionless), Provider (Application Providers, Middleware Providers, Infrastructure Providers), Organization Size (Large Enterprise, Small Enterprises, Medium-Sized Enterprises), Industry (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) and Geography (North America, Europe, Asia Pacific, Middle East and Africa, and Middle East and Africa) – Industry Trends and Forecast to 2026

Market Trends:

On the basis of networks, the market is segmented into permissioned and permissionless.
On the basis of provider, the market is segmented into application providers, middleware providers and infrastructure providers.
On the basis of organization size, the market is segmented into large enterprise, small enterprises and medium-sized enterprises.
On the basis of industry, the market is segmented into 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 (automotive, education and energy & utilities).

In addition, the years considered for the study are as follows:

Historical year – 2014-2019   |    Base year – 2019   |    Forecast period – 2020 to 2027

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Product Launch

In February, 2019, IBM unveiled its latest product portfolio for Internet of things (IoT) solutions which involve advanced analytics and artificial intelligence for assisting intensive organizations such as Metropolitan Atlanta Rapid Transit Authority.
In November, 2018, Amazon Web Services announced its 13 latest machine learning capabilities and services, which include 1/18 scale autonomous racing car for developers and a custom chip for machine learning inference.
In October, 2018, Civic Technologies, Inc. launched a new solution, Civic Connect. Civic Connect is an app-to-app integration which enables mobile apps to integrate Civic Secure Login and reusable KYC to authenticate users.
In April, 2018, BTL Group Ltd. announced the launch of Interbit platform for testing and feedback. Interbit is proprietary next-generation token free blockchain platform which is built to address the scalability and privacy shortcomings of blockchain platforms.
In November, 2016, Bitnation released marriage app on Ethereum Blockchain. The application went into Ethereum Hackathon. This application is a functional jurisdiction in a robust marriage contract, such as ability to choose code of arbitrator, law and create a sign, an escrow, timestamp or contract.

Drivers: Global Blockchain Identity Management Market

INCREASED DIGITALIZATION OF BUSINESS AND PROCESSES

Digitalization of business processes describes the digital transformation based on digital applications, IT infrastructure, and optimally networked data and systems. Digitalization is taking place in almost every industry, such as management, IT, controlling and finances, marketing, sales, customer services, production and HR among other domains of a company, in order to provide seamless user experience. Many organizations are taking initiative towards expansion and building of digital capabilities, which are aimed at top line revenue growth. There are various technologies driving digitalization in businesses, including blockchain, artificial intelligence, big data, Internet of Things, robotic process automation and cloud technology among other technologies. For an instance, based on a survey, blockchain technology is expected to overtake other technologies, such as data analysis, cloud computing and internet of things in venture capital investment.

Research Methodology: Global Blockchain Identity Management Market

Primary Respondents: OEMs, Manufacturers, Engineers, Industrial Professionals.

Industry Participants: CEO’s, V.P.’s, Marketing/Product Managers, Market Intelligence Managers and, National Sales Managers

New Business Strategies, Challenges & Policies are mentioned in Table of Content, Request TOC @ https://www.databridgemarketresearch.com/toc/?dbmr=global-blockchain-identity-management-market

Key questions answered in the Global Blockchain Identity Management Market report include:

What will be Blockchain Identity Management market share and the forecast for 2020-2027?
What are the key factors compelling the worldwide Blockchain Identity Management market?
Who are the key players in the world Blockchain Identity Management industry?
What are the factors impacting the revenue and production growth of the Blockchain Identity Management market?
What are the opportunities & challenges in the Blockchain Identity Management industry?

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