Global Decentralized Identity Market Forecast to 2030

Emergen Research has recently added a new report titled Global Decentralized Identity Market that provides an extensive analysis of the Decentralized Identity market and industry overview with regards to market size, market share, revenue growth, key companies, current and emerging market trends, recent technological and product developments, and a comprehensive analysis of the impact of COVID-19 pandemic on the growth of the Decentralized Identity market. The report aims to offer a clear understanding of the market with respect to the manufacturers, suppliers, vendors, distributors, and key companies involved in the market. The report has been formulated through extensive primary and secondary research along with verified and reliable data obtained from industry experts and professionals. The key findings from the report have been sorted into charts, figures, tables, and other pictorial representations.

The global decentralized identity market size reached USD 725.0 Million in 2022 and is expected to register a revenue CAGR of 87.3% during the forecast period, according to the latest analysis by Emergen Research. Increased use of blockchain identity systems in banking is the key factor expected to drive the revenue growth of the market.

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Research Report on the Decentralized Identity Market Addresses the Following Key Questions:

• Who are the dominant players of the Decentralized Identity market?
• Which regional market is anticipated to have a high growth rate over the projected period?
• What consumer trends and demands are expected to influence the operations of the market players in the Decentralized Identity market?
• What are the key growth drivers and restraining factors of the Decentralized Identity market?
• What are the expansion plans and strategic investment plans undertaken by the players to gain a robust footing in the market?
• What is the overall impact of the COVID-19 pandemic on the Decentralized Identity market and its key segments?

Market Overview:

The report bifurcates the Decentralized Identity market on the basis of different product types, applications, end-user industries, and key regions of the world where the market has already established its presence. The report accurately offers insights into the supply-demand ratio and production and consumption volume of each segment.

• Identity Type Outlook (Revenue, USD Million; 2019-2032)

  • Biometrics
  • Non-Biometrics

• Organization Size Outlook (Revenue, USD Million; 2019-2032)

  • Small & Medium Size Enterprises
  • Large Enterprises

• End-Use Outlook (Revenue, USD Million; 2019-2032)

  • Individual
  • Enterprises

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Regional Landscape section of the Decentralized Identity report offers deeper insights into the regulatory framework, current and emerging market trends, production and consumption patterns, supply and demand dynamics, import/export, and presence of major players in each region.

The various regions analyzed in the report include:

• North America (U.S., Canada)
• Europe (U.K., Italy, Germany, France, Rest of EU)
• Asia Pacific (India, Japan, China, South Korea, Australia, Rest of APAC)
• Latin America (Chile, Brazil, Argentina, Rest of Latin America)
• Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of MEA)

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The section on the competitive landscape offers valuable and actionable insights related to the business sphere of the Decentralized Identity market, covering extensive profiling of the key market players. The report offers information about market share, product portfolio, pricing analysis, and strategic alliances such as mergers and acquisitions, joint ventures, collaborations, partnerships, product launches and brand promotions, among others. The report also discusses the initiatives taken by the key companies to combat the impact of the COVID-19 pandemic.

Key Companies Profiled in the Report are:

Microsoft Corporation, Accenture plc, Secure Technologies, Inc., Persistent Systems, Civic Technologies, Inc., Validated ID, SL, Dragonchain, 1Kosmos Inc., Nuggets, and Datarella GmbH

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