Blockchain Identity Management Market Set for Explosive Growth | Evernym, Factom, Civic Technologies, KYC-Chain, UniquID

Latest added Blockchain Identity Management Market research study by AMA Research offers detailed outlook and elaborates market review till 2027. The market Study is segmented by key regions that are accelerating the marketization. At present, the market players are strategizing and overcoming challenges of current scenario; some of the key players in the study are IBM (United States), AWS (United States), Civic Technologies (United States), KYC-Chain (Hong Kong), Bitfury (United States), Evernym (United States), Factom (United States), Netki (United States), UniquID (United States), Microsoft (United States), Oracle (United States) etc.

The study explored is a perfect mix of qualitative and quantitative Market data collected and validated majorly through primary data and secondary sources.

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Blockchain Identity Management Market Definition:
The global Blockchain Identity Management market is expected to boost in the forecasted period due to rising security concerns with existing models across the globe. Blockchain identity management provides the freedom to create encrypted digital identities which control replace username and passwords while offering security features. Since blockchain enables decentralization, it eliminates the aforementioned intermediaries between any interaction and communication. Blockchain technology helps to improve the existing identity management by resolving the issues of identity theft, KYC onboarding, and lack of control over personal data. Blockchain technology restructures transaction management by replacing intermediaries with encrypted digital records. In addition, instead of being managed by the central mediator, blockchain orchestrates all transactions and data over the blockchain network, which comprises connected systems or groups of people. Moreover, without actually storing any personal data on the blockchain, it creates trust between the parties further assuring the authenticity of the data and attestations for the digital identity blockchain management system.

The latest edition of this report you will be entitled to receive additional chapter / commentary on latest scenario, economic slowdown and COVID-19 impact on overall industry. Further it will also provide qualitative information about when industry could come back on track and what possible measures industry players are taking to deal with current situation. Each of the segment analysis table for forecast period also high % impact on growth.

This research is categorized differently considering the various aspects of this market. It also evaluates the upcoming situation by considering project pipelines of company, long term agreements to derive growth estimates. The forecast is analyzed based on the volume and revenue of this market. The tools used for analyzing the Global Blockchain Identity Management Market research report include SWOT analysis.

Opportunities:
• The Rise in Data Privacy Concerns in Various Industries of Developing Countries
• Extensive Applications of Blockchain Identity Solutions in Banking, Cybersecurity, and IoT

Market Growth Drivers:
• High Demand for Self-Sovereign Identification
• Upsurging Demand for Self-Sovereign Identification

Influencing Trend:
• The Increasing Requirement of Established Trust and Transparency
• The Growing Demand of Blockchain Identity Solutions in End-User Industries

Challenges:
• Lack of Awareness about Blockchain Identity Management
• The Dearth of the Skilled Workforce

The Global Blockchain Identity Management segments and Market Data Break Down are illuminated below:
by Service Providers (Application Providers, Middleware Providers, Infrastructure Providers), 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), Organization Size (Large Enterprises, Small & Medium Enterprises (SMEs)), Basis Of Networks (Permissioned, Permissionless)
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Key Developments in the Market:
On 28th February 2019, IBM unveiled its latest product portfolio for the Internet of things (IoT) solutions which involve advanced analytics and artificial intelligence for assisting intensive organizations such as Metropolitan Atlanta Rapid Transit Authority.
On 15th February 2019, Amazon Web Services announced that Clippers CourtVision has made its primary machine learning, artificial intelligence, and cloud computing provider. Clippers CourtVision is an augmented game-watching platform that is created by Los Angeles Clippers and Second Spectrum.

The regional analysis of Global Blockchain Identity Management Market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Whereas, owing to rising no. of research activities in countries such as China, India, and Japan, Asia Pacific region is also expected to exhibit higher growth rate the forecast period 2021-2027.

Highlights of the report:
• A complete backdrop analysis, which includes an assessment of the parent market
• Important changes in market dynamics
• Market segmentation up to the second or third level
• Historical, current, and projected size of the market from the standpoint of both value and volume
• Reporting and evaluation of recent industry developments
• Market shares and strategies of key players
• Emerging niche segments and regional markets
• An objective assessment of the trajectory of the market
• Recommendations to companies for strengthening their foothold in the market

Strategic Points Covered in Table of Content of Global Blockchain Identity Management Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Blockchain Identity Management market
Chapter 2: Exclusive Summary - the basic information of the Blockchain Identity Management Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges & Opportunities of the Blockchain Identity Management
Chapter 4: Presenting the Blockchain Identity Management Market Factor Analysis, Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region/Country 2015-2020
Chapter 6: Evaluating the leading manufacturers of the Blockchain Identity Management market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by Manufacturers/Company with revenue share and sales by key countries in these various regions (2021-2027)
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Blockchain Identity Management Market is a valuable source of guidance for individuals and companies.

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Key questions answered
• Who are the Leading key players and what are their Key Business plans in the Global Blockchain Identity Management market?
• What are the key concerns of the five forces analysis of the Global Blockchain Identity Management market?
• What are different prospects and threats faced by the dealers in the Global Blockchain Identity Management market?
• What are the strengths and weaknesses of the key vendors?

Definitively, this report will give you an unmistakable perspective on every single reality of the market without a need to allude to some other research report or an information source. Our report will give all of you the realities about the past, present, and eventual fate of the concerned Market.

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