Blockchain Identity Management Market Giants Spending Is Going To Boom | Evernym, Microsoft, Oracle, Bitfury, Civic Technologies

Advance Market Analytics published a new research publication on "Global Blockchain Identity Management Market Insights, to 2030" with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study, you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market-associated stakeholders. The growth of the Blockchain Identity Management market was mainly driven by the increasing R&D spending across the world.

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Major players profiled 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)

Scope of the Report of Blockchain Identity Management
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.

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The Global Blockchain Identity Management Market 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)

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

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

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

What can be explored with the Blockchain Identity Management Market Study?
• Gain Market Understanding
• Identify Growth Opportunities
• Analyze and Measure the Global Blockchain Identity Management Market by Identifying Investment across various Industry Verticals
• Understand the Trends that will drive Future Changes in Blockchain Identity Management
• Understand the Competitive Scenarios
- Track Right Markets
- Identify the Right Verticals

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa

Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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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 2016-2022
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 (2024-2030)
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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