Blockchain Identity Management Market Research Report – Forecast to 2023

1. Blockchain Identity Management Market Research Report – Forecast to 2023 Market Highlights Blockchain identity management leverages a blockchain-based process for verification and identification. The technology is gaining much popularity and is observed to be penetrating across different industry domains. According to the suggestion offered by Market Research Future, the global blockchain identity management market is set to register 85% CAGR across the forecast period 2018 to 2023. The market is presumed to surpass a valuation of USD 1900 Mn by the end of the assessment period. In this kind of management, the data of the user is saved in the user’s phone rather than some central database. It protects privacy, which is presumed to guide the growth pattern of the blockchain identity management market in the forthcoming years. The process offers accuracy of highest degree. It is expected to lead the expansion of the blockchain identity management market during the evaluation period. In the BFSI industry, the process has found application in the simplification of KYC protocol. It helps in the centralization of data, which is encouraging its application across different domains. This, in turn, is anticipated to catapult the blockchain identity management market on upward trajectory. On the flip side, factors such as ambiguous regulations, issues regarding the authenticity of users, etc. are anticipated to impede market growth in the foreseeable future. Regional Analysis: The global blockchain identity management market, on the basis of region, has been segmented into - North America, Asia Pacific (APAC), Europe, and the Rest of the World (RoW). North America is the largest segment on the basis of region. The growth of the blockchain identity management market in the region can be accredited to the advanced technological infrastructure of the region. In addition, the rising adoption of blockchain technology in different industry sectors is likely to prompt market growth in the region over the next couple of years. Asia Pacific is likely to witness an upswing in terms of revenue generation. Increasing number of startups based on blockchain technology is likely to favor the growth of the regional blockchain identity management market. Get a Free Sample @https://www.marketresearchfuture.com/sample_request/6197 Segmentation: On the basis of the provider, the global blockchain identity management market has been segmented into middleware providers, application providers, and infrastructure providers. Based on the organization size, the blockchain identity management market has been divided into large enterprises, and small & medium-sized enterprises. On the basis of industry verticals, the blockchain identity management market has been segmented into BFSI, healthcare & life sciences, government, telecom and IT, transport & logistics, travel & hospitality, real estate, retail & e-commerce, media & entertainment, and others. Industry News: In October 2019, the Abu Dhabi National Oil Company (ADNOC) has started using blockchain internally for networking and increasing transparency.

2. In October 2019, Ubisoft, the largest third-party game publisher and well-known for its games - Assassin's Creed, and Far Cry, has picked eight blockchain startups that are working on cutting- edge technologies in gaming for their entrepreneurial lab program. Competitive Dashboard: IBM (U.S.), Civic Technologies (U.S.), AWS (U.S.), KYC-Chain (Hong Kong), Evernym (U.S.), Bitfury (U.S.), Factom (U.S.), ShoCard (U.S.), Netki (U.S.), UniquID (U.S.) are some of the top-notch players of the global blockchain identity management market. Other players participating in the market include Bitnation (Switzerland), Microsoft (US), Oracle (US), Nodalblock (Spain), Coinfirm (Poland), Blockverify (U.K), EdgeSecure (U.S.), Peer Ledger (Canada), uPort (U.S.), Cambridge Blockchain (US), Originalmy (Brazil), Tradle (U.S.), Neuroware (Malaysia), Existenceid (Australia), and BTL Group (Canada). These players are anticipated to invest in regional expansion over the next couple of years, which in turn is poised to drive the competitiveness in the market. In addition, technological innovations and product developments are anticipated to keep the players ahead of the curve and gain edge over other players. Browse Complete Report @ https://www.marketresearchfuture.com/reports/blockchain-identity- management-market-6197 Blockchain Identity Management Market Research Report, Component (Software, Solution), Provider (Application, Middleware, Infrastructure), Organization Size (Large Enterprises, SMEs), Vertical (BFSI, Telecom & IT, Government) — Global Forecast till 2023 About Market Research Future: At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services. MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions. Contact: Market Research Future +1 646 845 9312 Email: sales@marketresearchfuture.com