
Self-Sovereign Identity (SSI) Market Share, Size, Trends, Industry Analysis Report, By Offering (Solutions, Services); By Identity Type; By Network; By Organization Size; By Vertical; By Region; Segment Forecast, 2024 - 2032
Description
Self-Sovereign Identity (SSI) Market Share, Size, Trends, Industry Analysis Report, By Offering (Solutions, Services); By Identity Type; By Network; By Organization Size; By Vertical; By Region; Segment Forecast, 2024 - 2032
The global self-sovereign identity (SSI) market size is expected to reach USD 275.33 billion by 2032, according to a new study by Polaris Market Research. The report “Self-Sovereign Identity (SSI) Market Share, Size, Trends, Industry Analysis Report, By Offering (Solutions, Services); By Identity Type; By Network; By Organization Size; By Vertical; By Region; Segment Forecast, 2024-2032” gives a detailed insight into current market dynamics and provides analysis on future market growth.
The increasing penetration of digitalization initiatives in the world is creating significant concerns about individuals' privacy. This is driving people to adopt self-sovereign identity systems, driven by their potential to safeguard people’s data effectively. The ease of application and user convenience in revealing their credentials as per their interests are further boosting their integration globally. The growing companies’ initiatives to meet changing consumer needs are optimally influencing the self-sovereign identity market.
For instance, in February 2024, Buenos Aires announced the launch of the self-sovereign protocol QuarkID as a part of the Apache 2.0 license.
Additionally, rising investments in the self-sovereign identity of the key players to propel research and innovations are positively impacting the global market. For instance, in June 2023, Truvity announced an investment of EUR 8 million to introduce API and SDK, aiming to promote self-sovereign identity technology into the next phase.
Furthermore, growing countries' initiatives to increase safety and promote data privacy for their citizens are anticipated to create new growth potential over the forecast period. For instance, in September 2023, Bhutan announced the launch of a self-sovereign national digital ID for its country’s citizens. It is developed by Druk Holding and Investments.
The ongoing regulations by government agencies are likely to propel self-sovereign adoption during the forecast period. For instance, in March 2024, the European Parliament announced its approval to equip residents with digital identity wallets. The IOTA Foundation is joining the European Blockchain Services Infrastructure pre-commercial procurement project.
Rising awareness campaigns on self-sovereign identity in the marketplace by the government and non-government organizations are anticipated to showcase significant opportunities in the coming years. For instance, in April 2024, the NFID Foundation unveiled a virtual program on self-sovereign identity and decentralized ID to enhance security industry growth.
Self-Sovereign Identity (SSI) Market Report Highlights
Solutions segment is anticipated to witness the highest growth in the coming years due to its higher data safety.
Biometrics segment accounted for the largest market share owing to its increased security and convenience for users.
Permissionless segment is projected to experience a larger revenue share due to its ability to remove intermediaries, lowering data leakages.
APAC is projected to register the fastest growth during the forecast period, attributable to the increasing measures to enhance data privacy.
The global players include 1Kosmos, Accumulate, Affinidi, Blockchain Helix, cheqd, Civic, Dock, Finema, Fractal ID, Gataca, IDEX Biometrics, & Imageware.
Polaris Market Research has segmented the self-sovereign identity (SSI) market report based on offering, identity type, network, organization size, vertical, and region:
Self-Sovereign Identity (SSI), Offering Outlook (Revenue - USD Billion, 2019 - 2032)
Solutions
Services
Self-Sovereign Identity (SSI), Identity Type Outlook (Revenue - USD Billion, 2019 - 2032)
Non-Biometrics
Biometrics
Self-Sovereign Identity (SSI), Network Outlook (Revenue - USD Billion, 2019 - 2032)
Permissioned
Permissionless
Self-Sovereign Identity (SSI), Organization Size Outlook (Revenue - USD Billion, 2019 - 2032)
SMEs
Large Enterprises
Self-Sovereign Identity (SSI), Vertical Outlook (Revenue - USD Billion, 2019 - 2032)
BFSI
IT and ITeS
Telecom
Government
Real Estate & Construction
Healthcare
Retail and E-Commerce
Media & Entertainment
Travel & Hospitality
Other Verticals
Self-Sovereign Identity (SSI), Regional Outlook (Revenue - USD Billion, 2019 - 2032)
North America
U.S.
Canada
Europe
Germany
UK
France
Italy
Spain
Russia
Netherlands
Rest of Europe
Asia Pacific
China
India
Japan
South Korea
Indonesia
Malaysia
Australia
Rest of APAC
Latin America
Argentina
Brazil
Mexico
Rest of Latin America
Middle East & Africa
UAE
Saudi Arabia
Israel
South Africa
Rest of Middle East & Africa
Table of Contents
118 Pages
- 1. Introduction
- 1.1. Report Description
- 1.1.1. Objectives of the Study
- 1.1.2. Market Scope
- 1.1.3. Assumptions
- 1.2. Stakeholders
- 2. Executive Summary
- 2.1. Market Highlights
- 3. Research Methodology
- 3.1. Overview
- 3.1.1. Data Mining
- 3.2. Data Sources
- 3.2.1. Primary Sources
- 3.2.2. Secondary Sources
- 4. Global Blowing Agent Market Insights
- 4.1. Blowing Agent Market – Foam Snapshot
- 4.2. Blowing Agent Market Dynamics
- 4.2.1. Drivers and Opportunities
- 4.2.1.1. Rapid Increase in Aircraft Production
- 4.2.1.2. Rising Demand for Luxury Cars and Mid-Segment Cars
- 4.2.2. Restraints and Challenges
- 4.2.2.1. Stringent Environmental Regulations
- 4.3. Porter’s Five Forces Analysis
- 4.3.1. Bargaining Power of Suppliers (Moderate)
- 4.3.2. Threats of New Entrants: (Low)
- 4.3.3. Bargaining Power of Buyers (Moderate)
- 4.3.4. Threat of Substitute (Moderate)
- 4.3.5. Rivalry among existing firms (High)
- 4.4. PESTEL Analysis
- 4.5. Blowing Agent Market Foam Trends
- 4.6. Value Chain Analysis
- 4.7. COVID-19 Impact Analysis
- 5. Global Blowing Agent Market, by Type
- 5.1. Key Findings
- 5.2. Introduction
- 5.2.1. Global Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 5.3. Hydrochlorofluorocarbons (HCFC)
- 5.3.1. Global Blowing Agent Market, by Hydrochlorofluorocarbons (HCFC), by Region, 2019-2032 (USD Billion)
- 5.4. Hydrofluorocarbons (HFC)
- 5.4.1. Global Blowing Agent Market, by Hydrofluorocarbons (HFC), by Region, 2019-2032 (USD Billion)
- 5.5. Hydrofluoroolefin (HFO)
- 5.5.1. Global Blowing Agent Market, by Hydrofluoroolefin (HFO), by Region, 2019-2032 (USD Billion)
- 5.6. Hydrocarbons (HC)
- 5.6.1. Global Blowing Agent Market, by Hydrocarbons (HC), by Region, 2019-2032 (USD Billion)
- 5.7. Others
- 5.7.1. Global Blowing Agent Market, by Others, by Region, 2019-2032 (USD Billion)
- 6. Global Blowing Agent Market, by Application
- 6.1. Key Findings
- 6.2. Introduction
- 6.2.1. Global Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 6.3. Bedding and Furniture
- 6.3.1. Global Blowing Agent Market, by Bedding and Furniture, by Region, 2019-2032 (USD Billion)
- 6.4. Building and Construction
- 6.4.1. Global Blowing Agent Market, by Building and Construction, by Region, 2019-2032 (USD Billion)
- 6.5. Appliances
- 6.5.1. Global Blowing Agent Market, by Appliances, by Region, 2019-2032 (USD Billion)
- 6.6. Automotive
- 6.6.1. Global Blowing Agent Market, by Automotive, by Region, 2019-2032 (USD Billion)
- 6.7. Packaging
- 6.7.1. Global Blowing Agent Market, by Packaging, by Region, 2019-2032 (USD Billion)
- 6.8. Others
- 6.8.1. Global Blowing Agent Market, by Others, by Region, 2019-2032 (USD Billion)
- 7. Global Blowing Agent Market, by Foam
- 7.1. Key Findings
- 7.2. Introduction
- 7.2.1. Global Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 7.3. Polystyrene Foam
- 7.3.1. Global Blowing Agent Market, by Polystyrene Foam, By Region, 2019-2032 (USD Billion)
- 7.4. Polyolefin Foam
- 7.4.1. Global Blowing Agent Market, by Polyolefin Foam, By Region, 2019-2032 (USD Billion)
- 7.5. Polyurethane Foam
- 7.5.1. Global Blowing Agent Market, by Polyurethane Foam, By Region, 2019-2032 (USD Billion)
- 7.6. Phenolic Foam
- 7.6.1. Global Blowing Agent Market, by Phenolic Foam, By Region, 2019-2032 (USD Billion)
- 8. Global Blowing Agent Market, by Geography
- 8.1. Key findings
- 8.2. Introduction
- 8.2.1. Blowing Agent Market Assessment, By Geography, 2019-2032 (USD Billion)
- 8.3. Blowing Agent Market – North America
- 8.3.1. North America: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.3.2. North America: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.3.3. North America: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.3.4. Blowing Agent Market – U.S.
- 8.3.4.1. U.S.: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.3.4.2. U.S.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.3.4.3. U.S.: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.3.5. Blowing Agent Market – Canada
- 8.3.5.1. Canada: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.3.5.2. Canada.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.3.5.3. Canada: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.4. Blowing Agent Market – Europe
- 8.4.1. Europe: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.4.2. Europe.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.4.3. Europe: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.4.4. Blowing Agent Market – UK
- 8.4.4.1. UK: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.4.4.2. UK.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.4.4.3. UK: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.4.5. Blowing Agent Market – France
- 8.4.5.1. France: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.4.5.2. France.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.4.5.3. France: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.4.6. Blowing Agent Market – Germany
- 8.4.6.1. Germany: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.4.6.2. Germany.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.4.6.3. Germany: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.4.7. Blowing Agent Market – Italy
- 8.4.7.1. Italy: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.4.7.2. Italy.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.4.7.3. Italy: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.4.8. Blowing Agent Market – Spain
- 8.4.8.1. Spain: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.4.8.2. Spain.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.4.8.3. Spain: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.4.9. Blowing Agent Market – Netherlands
- 8.4.9.1. Netherlands: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.4.9.2. Netherlands.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.4.9.3. Netherlands: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.4.10. Blowing Agent Market – Russia
- 8.4.10.1. Russia: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.4.10.2. Russia.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.4.10.3. Russia: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.5. Blowing Agent Market – Asia Pacific
- 8.5.1. Asia Pacific: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.5.2. Asia Pacific.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.5.3. Asia Pacific: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.5.4. Blowing Agent Market – China
- 8.5.4.1. China: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.5.4.2. China.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.5.4.3. China: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.5.5. Blowing Agent Market – India
- 8.5.5.1. India: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.5.5.2. India.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.5.5.3. India: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.5.6. Blowing Agent Market – Malaysia
- 8.5.6.1. Malaysia: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.5.6.2. Malaysia.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.5.6.3. Malaysia: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.5.7. Blowing Agent Market – Japan
- 8.5.7.1. Japan: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.5.7.2. Japan.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.5.7.3. Japan: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.5.8. Blowing Agent Market – Indonesia
- 8.5.8.1. Indonesia: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.5.8.2. Indonesia.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.5.8.3. Indonesia: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.5.9. Blowing Agent Market – South Korea
- 8.5.9.1. South Korea: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.5.9.2. South Korea.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.5.9.3. South Korea: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.6. Blowing Agent Market – Middle East & Africa
- 8.6.1. Middle East & Africa: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.6.2. Middle East & Africa.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.6.3. Middle East & Africa: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.6.4. Blowing Agent Market – Saudi Arabia
- 8.6.4.1. Saudi Arabia: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.6.4.2. Saudi Arabia.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.6.4.3. Saudi Arabia: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.6.5. Blowing Agent Market – UAE
- 8.6.5.1. UAE: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.6.5.2. UAE.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.6.5.3. UAE: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.6.6. Blowing Agent Market – Israel
- 8.6.6.1. Israel: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.6.6.2. Israel.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.6.6.3. Israel: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.6.7. Blowing Agent Market – South Africa
- 8.6.7.1. South Africa: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.6.7.2. South Africa.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.6.7.3. South Africa: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.7. Blowing Agent Market – Latin America
- 8.7.1. Latin America: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.7.2. Latin America.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.7.3. Latin America: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.7.4. Blowing Agent Market – Mexico
- 8.7.4.1. Mexico: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.7.4.2. Mexico.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.7.4.3. Mexico: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.7.5. Blowing Agent Market – Brazil
- 8.7.5.1. Brazil: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.7.5.2. Brazil.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.7.5.3. Brazil: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 8.7.6. Blowing Agent Market – Argentina
- 8.7.6.1. Argentina: Blowing Agent Market, by Type, 2019-2032 (USD Billion)
- 8.7.6.2. Argentina.: Blowing Agent Market, by Foam, 2019-2032 (USD Billion)
- 8.7.6.3. Argentina: Blowing Agent Market, by Application, 2019-2032 (USD Billion)
- 9. Competitive Landscape
- 9.1. Expansion and Acquisition Analysis
- 9.1.1. Expansion
- 9.1.2. Acquisitions
- 9.2. Partnerships/Collaborations/Agreements/Exhibitions
- 10. Company Profiles
- 10.1. Arkema SA (France)
- 10.1.1. Company Overview
- 10.1.2. Financial Performance
- 10.1.3. Product Benchmarking
- 10.1.4. Recent Development
- 10.2. Daikin Industries, Ltd. (Japan)
- 10.2.1. Company Overview
- 10.2.2. Financial Performance
- 10.2.3. Product Benchmarking
- 10.2.4. Recent Development
- 10.3. Exxon Mobil Corporation (US)
- 10.3.1. Company Overview
- 10.3.2. Financial Performance
- 10.3.3. Product Benchmarking
- 10.3.4. Recent Development
- 10.4. Foam Supplies, Inc. (US)
- 10.4.1. Company Overview
- 10.4.2. Financial Performance
- 10.4.3. Product Benchmarking
- 10.4.4. Recent Development
- 10.5. Haltermann Carless (Germany)
- 10.5.1. Company Overview
- 10.5.2. Financial Performance
- 10.5.3. Product Benchmarking
- 10.5.4. Recent Development
- 10.6. Harp International Ltd. (UK)
- 10.6.1. Company Overview
- 10.6.2. Financial Performance
- 10.6.3. Product Benchmarking
- 10.6.4. Recent Development
- 10.7. Honeywell International Inc. (US)
- 10.7.1. Company Overview
- 10.7.2. Financial Performance
- 10.7.3. Product Benchmarking
- 10.7.4. Recent Development
- 10.8. Linde plc (UK)
- 10.8.1. Company Overview
- 10.8.2. Financial Performance
- 10.8.3. Product Benchmarking
- 10.8.4. Recent Development
- 10.9. Solvay SA (Belgium)
- 10.9.1. Company Overview
- 10.9.2. Financial Performance
- 10.9.3. Product Benchmarking
- 10.9.4. Recent Development
- 10.10. The Chemours Company (US)
- 10.10.1. Company Overview
- 10.10.2. Financial Performance
- 10.10.3. Product Benchmarking
- 10.10.4. Recent Development
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