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Blockchain Identity Management Market by Provider (Application Provider, Middleware Provider, Infrastructure Provider), Organization Size, Vertical (BFSI, Government, Healthcare and Lifesciences, Real Estate), and Region - Global Forecast to 2023

Blockchain Identity Management Market by Provider (Application Provider, Middleware Provider, Infrastructure Provider), Organization Size, Vertical (BFSI, Government, Healthcare and Lifesciences, Real Estate), and Region - Global Forecast to 2023

“Growing interest for identity management solutions through the blockchain technology across industry verticals and increasing demand for self-sovereign identification are expected to drive the blockchain identity management market”
The blockchain identity management market size is expected to grow from USD 90.4 million in 2018 to USD 1,929.9 million by 2023, at a Compound Annual Growth Rate (CAGR) of 84.5% during the forecast period. The blockchain identity management market is driven by various factors, such as the increasing demand for self-sovereign identification and rising security concerns with existing models across the globe. However, lack of common set of regulatory standards and uncertain regulatory landscape and concerns regarding the authenticity of the users could hinder the growth of the market.

Application providers segment is expected to grow at the highest CAGR during the forecast period
The application providers segment is the fastest growing segment in the blockchain identity management market. The market is segmented by application providers, middleware providers, and infrastructure providers. The blockchain identity management technology’s unique capabilities, such as self-sovereign identification, authenticity, and KYC simplification, are expected to increase the demand for the blockchain identity management solutions.

BFSI vertical is expected to hold the largest market share during the forecast period
The Banking, Financial Service, and Insurance (BFSI) vertical is expected to hold the largest market size during the forecast period. With the increasing need for the identity verification in the banking system and the difficulties in the traditional identification methods are making the identification processes more complex. The implementation of blockchain technology for identity management will not only simplify the KYC processes for BFSI organizations but also ensure the protection of the user’s personal information. All these advantages are expected to encourage organizations to adopt the blockchain identity management solutions in the BFSI industry vertical.

APAC is expected to record the highest growth rate during the forecast period
APAC is expected to grow at the highest rate during the forecast period, due to the increase in venture capital funding and number of startups, and governments’ increasing focus on regulating the blockchain technology identity management marketspace. The key financial hubs and government organizations in APAC countries, such as Japan, Australia and New Zealand, Hong Kong, and Singapore, provide significant opportunities for the adoption of blockchain identity management solutions. Meanwhile, North America is projected to hold the largest market size during the forecast period.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the blockchain identity management marketplace.
By company type: Tier 1: 10%, Tier 2: 35%, and Tier 3: 55%
By designation: C-Level: 60%, Director Level: 25%, and Others 15%
By region: North America: 25%, Europe: 35%, APAC: 25%, MEA: 10% and Latin America: 5%

The blockchain identity management market comprises major solution providers, such as IBM (US), AWS (US), Civic Technologies (US), KYC-Chain (Hong Kong), Bitfury (US), Evernym (US), Factom (US), Netki (US), ShoCard (US), UniquID (US), Microsoft (US), Oracle (US), Bitnation (Switzerland), Nodalblock (Spain), EdgeSecure (Airbitz) (US), Blockverify (UK), Peer Ledger (Canada), Cambridge Blockchain (US), uPort (US), Originalmy (Brazil), Neuroware (Malaysia), Tradle (US), Existenceid (Australia), Coinfirm (Poland), and BTL Group (Canada). The study includes in-depth competitive analysis of these key players in the blockchain identity management market, with their company profiles, recent developments, and key market strategies.

Research Coverage
The market study covers the blockchain identity management market across segments. It aims at estimating the market size and the growth potential of this market across segments, such as provider, vertical, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall blockchain identity management market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.


  • INTRODUCTION
    • OBJECTIVES OF THE STUDY
    • MARKET DEFINITION
    • MARKET SCOPE
    • YEARS CONSIDERED FOR THE STUDY
    • CURRENCY
    • STAKEHOLDERS
  • RESEARCH METHODOLOGY
    • RESEARCH DATA
      • SECONDARY DATA
      • PRIMARY DATA
    • MARKET SIZE ESTIMATION
      • BOTTOM-UP APPROACH
      • TOP-DOWN APPROACH
    • RESEARCH ASSUMPTIONS
    • LIMITATIONS
  • EXECUTIVE SUMMARY
    • Table BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE AND GROWTH RATE, 2016-2023 (USD MILLION, Y-O-Y %)
  • PREMIUM INSIGHTS
    • ATTRACTIVE MARKET OPPORTUNITIES IN THE BLOCKCHAIN IDENTITY MANAGEMENT MARKET
    • BLOCKCHAIN IDENTITY MANAGEMENT MARKET: BY PROVIDER AND TOP 3 REGIONS, 2018
    • BLOCKCHAIN IDENTITY MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2018
    • MARKET INVESTMENT SCENARIO
    • BLOCKCHAIN IDENTITY MANAGEMENT MARKET, TOP 3 VERTICALS
  • MARKET OVERVIEW AND INDUSTRY TRENDS
    • INTRODUCTION
    • MARKET DYNAMICS
      • DRIVERS
      • RESTRAINTS
      • OPPORTUNITIES
      • CHALLENGES
    • INDUSTRY TRENDS
      • TYPES OF BLOCKCHAIN TECHNOLOGY
      • BLOCKCHAIN ASSOCIATIONS AND CONSORTIUMS
    • REGULATORY LANDSCAPE
      • KNOW YOUR CUSTOMER (KYC)
      • ANTI MONEY LAUNDERING
      • GENERAL DATA PROTECTION REGULATION (GDPR)
    • DIGITAL IDENTITY IMPLEMENTATION ON PUBLIC AND PRIVATE BLOCKCHAINS
      • CLOSED BLOCKCHAIN
      • OPEN BLOCKCHAIN
    • INNOVATION SPOTLIGHT
      • Table INNOVATION SPOTLIGHT: LATEST BLOCKCHAIN IDENTITY MANAGEMENT SOLUTIONS
  • BLOCKCHAIN IDENTITY MANAGEMENT MARKET, BY PROVIDER
    • INTRODUCTION
      • BLOCKCHAIN-BASED DIGITAL IDENTITY MANAGEMENT
        • Table BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY PROVIDER, 2016-2023 (USD MILLION)
    • APPLICATION PROVIDERS
      • Table APPLICATION PROVIDERS: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • MIDDLEWARE PROVIDERS
      • Table MIDDLEWARE PROVIDERS: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • INFRASTRUCTURE PROVIDERS
      • Table INFRASTRUCTURE PROVIDERS: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • BLOCKCHAIN IDENTITY MANAGEMENT MARKET, BY ORGANIZATION SIZE
    • INTRODUCTION
      • Table BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
    • LARGE ENTERPRISES
      • Table LARGE ENTERPRISES: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • SMALL AND MEDIUM-SIZED ENTERPRISES
      • Table SMALL AND MEDIUM-SIZED ENTERPRISES: BLOCKCHAIN IDENTITY MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • BLOCKCHAIN IDENTITY MANAGEMENT MARKET, BY VERTICAL
    • INTRODUCTION
      • Table BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY VERTICAL, 2016-2023 (USD MILLION)
    • BANKING, FINANCIAL SERVICES, AND INSURANCE
      • Table BANKING, FINANCIAL SERVICES, AND INSURANCE: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • GOVERNMENT
      • Table GOVERNMENT: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • HEALTHCARE AND LIFE SCIENCES
      • Table HEALTHCARE AND LIFE SCIENCES: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • TELECOM AND IT
      • Table TELECOM AND IT: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • RETAIL AND ECOMMERCE
      • Table RETAIL AND ECOMMERCE: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • TRANSPORT AND LOGISTICS
      • Table TRANSPORT AND LOGISTICS: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • REAL ESTATE
      • Table REAL ESTATE: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • MEDIA AND ENTERTAINMENT
      • Table MEDIA AND ENTERTAINMENT: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • TRAVEL AND HOSPITALITY
      • Table TRAVEL AND HOSPITALITY: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • OTHERS
      • Table OTHERS: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
  • BLOCKCHAIN IDENTITY MANAGEMENT MARKET, BY REGION
    • INTRODUCTION
      • Table BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY REGION, 2016-2023 (USD MILLION)
    • NORTH AMERICA
      • Table NORTH AMERICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY PROVIDER, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table NORTH AMERICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY VERTICAL, 2016-2023 (USD MILLION)
      • UNITED STATES
      • CANADA
        • Table NORTH AMERICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
    • EUROPE
      • Table EUROPE: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY PROVIDER, 2016-2023 (USD MILLION)
      • Table EUROPE: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table EUROPE: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY VERTICAL, 2016-2023 (USD MILLION)
      • UNITED KINGDOM
      • GERMANY
      • REST OF EUROPE
        • Table EUROPE: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
    • ASIA PACIFIC
      • Table ASIA PACIFIC: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY PROVIDER, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table ASIA PACIFIC: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY VERTICAL, 2016-2023 (USD MILLION)
      • JAPAN
      • SINGAPORE
      • AUSTRALIA AND NEW ZEALAND
      • REST OF APAC
        • Table ASIA PACIFIC: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
    • MIDDLE EAST AND AFRICA
      • Table MIDDLE EAST AND AFRICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY PROVIDER, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table MIDDLE EAST AND AFRICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY VERTICAL, 2016-2023 (USD MILLION)
      • MIDDLE EAST
      • AFRICA
        • Table MIDDLE EAST AND AFRICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY SUBREGION, 2016-2023 (USD MILLION)
    • LATIN AMERICA
      • Table LATIN AMERICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY PROVIDER, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY ORGANIZATION SIZE, 2016-2023 (USD MILLION)
      • Table LATIN AMERICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY VERTICAL, 2016-2023 (USD MILLION)
      • MEXICO
      • BRAZIL
      • REST OF LATIN AMERICA
        • Table LATIN AMERICA: BLOCKCHAIN IDENTITY MANAGEMENT MARKET SIZE, BY COUNTRY, 2016-2023 (USD MILLION)
  • COMPETITIVE LANDSCAPE
    • OVERVIEW
    • COMPETITIVE SITUATIONS AND TRENDS
      • NEW PRODUCT LAUNCHES/PRODUCT ENHANCEMENTS
        • Table NEW PRODUCT LAUNCHES/PRODUCT ENHANCEMENTS, 2017-2018
      • BUSINESS EXPANSIONS
        • Table BUSINESS EXPANSIONS, 2018
      • PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS
        • Table PARTNERSHIPS, AGREEMENTS, AND COLLABORATIONS, 2017-2018
      • MERGERS AND ACQUISITIONS
        • Table MERGERS AND ACQUISITIONS, 2016
  • COMPANY PROFILES
    • INTRODUCTION
    • AWS
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BITFURY
      • BUSINESS OVERVIEW
      • SOFTWARE OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • CIVIC TECHNOLOGIES
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • IBM
      • BUSINESS OVERVIEW
      • SOLUTIONS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • SWOT ANALYSIS
      • MNM VIEW
    • BTL GROUP
      • BUSINESS OVERVIEW
      • PLATFORMS AND SERVICES OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • EVERNYM
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • FACTOM
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • KYC-CHAIN
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
    • NETKI
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • SHOCARD
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • TRADLE
      • BUSINESS OVERVIEW
      • SOLUTIONS OFFERED
      • RECENT DEVELOPMENTS
      • MNM VIEW
    • UNIQUID
      • BUSINESS OVERVIEW
      • PRODUCTS OFFERED
      • MNM VIEW
    • KEY INNOVATORS
      • BITNATION
      • BLOCKVERIFY
      • CAMBRIDGE BLOCKCHAIN
      • COINFIRM
      • EXISTENCEID
      • MICROSOFT
      • NEUROWARE
      • NODALBLOCK
      • ORACLE
      • ORIGINALMY
      • PEER LEDGER
      • UPORT
  • APPENDIX
    • DISCUSSION GUIDE
    • KNOWLEDGE STORE: MARKETSANDMARKETS' SUBSCRIPTION PORTAL
    • INTRODUCING RT: REAL-TIME MARKET INTELLIGENCE
    • AVAILABLE CUSTOMIZATIONS
    • RELATED REPORTS
    • AUTHOR DETAILS

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