Global Decentralized Identity Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2024 to 2032

Description

List of Tables

The global demand for Decentralized Identity Market is presumed to reach the market size of nearly USD 431587.23 Million by 2032 from USD 1246.09 Million in 2023 with a CAGR of 91.5% under the study period 2024 - 2032.

Decentralized identity refers to a digital identity system where individuals have control over their own identity and personal data without the need for central authorities or intermediaries. It enables users to manage and share their identity information securely and selectively, enhancing privacy and security. These solutions often utilize blockchain technology to provide tamper-proof and verifiable records of identity data, empowering individuals to maintain sovereignty over their digital identities while interacting online.

MARKET DYNAMICS

The decentralized identity market is driven by several key factors shaping the landscape of digital identity management. One significant driver is the growing concern over data privacy and security breaches in centralized identity systems. These solutions offer users greater control over their personal data by leveraging blockchain technology, which ensures immutability and transparency. Additionally, the rise of digital transformation initiatives across various industries is fueling the demand for decentralized identity solutions to enable seamless and secure authentication processes in online transactions and interactions. Moreover, regulatory initiatives like GDPR and CCPA are prompting organizations to implement decentralized identity frameworks to meet stringent data protection standards and enhance user privacy.

Additionally, the growing adoption of self-sovereign identity (SSI) models, which give individuals ownership and control over their digital identities, is further driving market growth. Furthermore, the proliferation of digital services and the rise of the gig economy are amplifying the need for secure and interoperable identity solutions to facilitate trust-based interactions between users and service providers. As organizations seek to streamline identity verification processes and mitigate identity-related fraud risks, the demand for decentralized identity solutions is expected to surge in the coming years. However, regulatory challenges and data privacy concerns may hinder the growth of the decentralized identity market in the next few years.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of decentralized identity. The growth and trends of decentralized identity industry provide a holistic approach to this study.

MARKET SEGMENTATION

This section of the decentralized identity market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Identity Type

Non- Biometrics
Biometrics

By End User

Enterprises
Individual

By Enterprise Size

Large Enterprises
Small & Medium Enterprises

By Verticals

BFSI
Government
Healthcare And Life Sciences
Telecom And IT
Retail & E-Commerce
Transport And Logistics
Real Estate
Media And Entertainment
Travel And Hospitality
Other Verticals

REGIONAL ANALYSIS

This section covers the regional outlook, which accentuates current and future demand for the Decentralized Identity market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Decentralized Identity market include Microsoft Corporation, Accenture plc, Wipro Limited and Subsidiaries, Secure Technologies Inc., Persistent Systems Limited, Avast Software s.r.o., Civic Technologies, Inc., R3, Validated ID, SL, Dragonchain, Nuggets, 1Kosmos Inc.This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11218646

1. PREFACE

1.1. Report Description
- 1.1.1 Objective
- 1.1.2 Target Audience
- 1.1.3 Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1 Market Research Process
- 1.3.2 Market Research Methodology

2. EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3. DECENTRALIZED IDENTITY - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Identity Type
- 3.7.2 Market Attractiveness Analysis By End User
- 3.7.3 Market Attractiveness Analysis By Enterprise Size
- 3.7.4 Market Attractiveness Analysis By Verticals
- 3.7.5 Market Attractiveness Analysis By Region

4. VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1 List of Raw Materials
- 4.2.2 Raw Material Manufactures List
- 4.2.3 Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1 Direct Marketing
- 4.4.2 Indirect Marketing
- 4.4.3 Marketing Channel Development Trend

5. GLOBAL DECENTRALIZED IDENTITY MARKET ANALYSIS BY IDENTITY TYPE

5.1. Overview By Identity Type
5.2. Historical and Forecast Data
5.3. Analysis By Identity Type
5.4. Non- Biometrics Historic and Forecast Sales By Regions
5.5. Biometrics Historic and Forecast Sales By Regions

6. GLOBAL DECENTRALIZED IDENTITY MARKET ANALYSIS BY END USER

6.1. Overview By End User
6.2. Historical and Forecast Data
6.3. Analysis By End User
6.4. Enterprises Historic and Forecast Sales By Regions
6.5. Individual Historic and Forecast Sales By Regions

7. GLOBAL DECENTRALIZED IDENTITY MARKET ANALYSIS BY ENTERPRISE SIZE

7.1. Overview By Enterprise Size
7.2. Historical and Forecast Data
7.3. Analysis By Enterprise Size
7.4. Large Enterprises Historic and Forecast Sales By Regions
7.5. Small & Medium Enterprises Historic and Forecast Sales By Regions

8. GLOBAL DECENTRALIZED IDENTITY MARKET ANALYSIS BY VERTICALS

8.1. Overview By Verticals
8.2. Historical and Forecast Data
8.3. Analysis By Verticals
8.4. BFSI Historic and Forecast Sales By Regions
8.5. Government Historic and Forecast Sales By Regions
8.6. Healthcare And Life Sciences Historic and Forecast Sales By Regions
8.7. Telecom And IT Historic and Forecast Sales By Regions
8.8. Retail & E-Commerce Historic and Forecast Sales By Regions
8.9. Transport And Logistics Historic and Forecast Sales By Regions
8.10. Real Estate Historic and Forecast Sales By Regions
8.11. Media And Entertainment Historic and Forecast Sales By Regions
8.12. Travel And Hospitality Historic and Forecast Sales By Regions
8.13. Other Verticals Historic and Forecast Sales By Regions

9. GLOBAL DECENTRALIZED IDENTITY MARKET ANALYSIS BY GEOGRAPHY

9.1. Regional Outlook
9.2. Introduction
9.3. North America Sales Analysis
- 9.3.1 Overview, Historic and Forecast Data Sales Analysis
- 9.3.2 North America By Segment Sales Analysis
- 9.3.3 North America By Country Sales Analysis
- 9.3.4 United States Sales Analysis
- 9.3.5 Canada Sales Analysis
- 9.3.6 Mexico Sales Analysis
9.4. Europe Sales Analysis
- 9.4.1 Overview, Historic and Forecast Data Sales Analysis
- 9.4.2 Europe By Segment Sales Analysis
- 9.4.3 Europe By Country Sales Analysis
- 9.4.4 United Kingdom Sales Analysis
- 9.4.5 France Sales Analysis
- 9.4.6 Germany Sales Analysis
- 9.4.7 Italy Sales Analysis
- 9.4.8 Russia Sales Analysis
- 9.4.9 Rest Of Europe Sales Analysis
9.5. Asia Pacific Sales Analysis
- 9.5.1 Overview, Historic and Forecast Data Sales Analysis
- 9.5.2 Asia Pacific By Segment Sales Analysis
- 9.5.3 Asia Pacific By Country Sales Analysis
- 9.5.4 China Sales Analysis
- 9.5.5 India Sales Analysis
- 9.5.6 Japan Sales Analysis
- 9.5.7 South Korea Sales Analysis
- 9.5.8 Australia Sales Analysis
- 9.5.9 South East Asia Sales Analysis
- 9.5.10 Rest Of Asia Pacific Sales Analysis
9.6. Latin America Sales Analysis
- 9.6.1 Overview, Historic and Forecast Data Sales Analysis
- 9.6.2 Latin America By Segment Sales Analysis
- 9.6.3 Latin America By Country Sales Analysis
- 9.6.4 Brazil Sales Analysis
- 9.6.5 Argentina Sales Analysis
- 9.6.6 Peru Sales Analysis
- 9.6.7 Chile Sales Analysis
- 9.6.8 Rest of Latin America Sales Analysis
9.7. Middle East & Africa Sales Analysis
- 9.7.1 Overview, Historic and Forecast Data Sales Analysis
- 9.7.2 Middle East & Africa By Segment Sales Analysis
- 9.7.3 Middle East & Africa By Country Sales Analysis
- 9.7.4 Saudi Arabia Sales Analysis
- 9.7.5 UAE Sales Analysis
- 9.7.6 Israel Sales Analysis
- 9.7.7 South Africa Sales Analysis
- 9.7.8 Rest Of Middle East And Africa Sales Analysis

10. COMPETITIVE LANDSCAPE OF THE DECENTRALIZED IDENTITY COMPANIES

10.1. Decentralized Identity Market Competition
10.2. Partnership/Collaboration/Agreement
10.3. Merger And Acquisitions
10.4. New Product Launch
10.5. Other Developments

11. COMPANY PROFILES OF DECENTRALIZED IDENTITY INDUSTRY

11.1. Top Companies Market Share Analysis
11.2. Market Concentration Rate
11.3. Microsoft Corporation
- 11.3.1 Company Overview
- 11.3.2 Company Revenue
- 11.3.3 Products
- 11.3.4 Recent Developments
11.4. Accenture Plc
- 11.4.1 Company Overview
- 11.4.2 Company Revenue
- 11.4.3 Products
- 11.4.4 Recent Developments
11.5. Wipro Limited And Subsidiaries
- 11.5.1 Company Overview
- 11.5.2 Company Revenue
- 11.5.3 Products
- 11.5.4 Recent Developments
11.6. Secure Technologies Inc.
- 11.6.1 Company Overview
- 11.6.2 Company Revenue
- 11.6.3 Products
- 11.6.4 Recent Developments
11.7. Persistent Systems Limited
- 11.7.1 Company Overview
- 11.7.2 Company Revenue
- 11.7.3 Products
- 11.7.4 Recent Developments
11.8. Avast Software S.R.O.
- 11.8.1 Company Overview
- 11.8.2 Company Revenue
- 11.8.3 Products
- 11.8.4 Recent Developments
11.9. Civic Technologies Inc.
- 11.9.1 Company Overview
- 11.9.2 Company Revenue
- 11.9.3 Products
- 11.9.4 Recent Developments
11.10. R3
- 11.10.1 Company Overview
- 11.10.2 Company Revenue
- 11.10.3 Products
- 11.10.4 Recent Developments
11.11. Validated ID
- 11.11.1 Company Overview
- 11.11.2 Company Revenue
- 11.11.3 Products
- 11.11.4 Recent Developments
11.12. SL
- 11.12.1 Company Overview
- 11.12.2 Company Revenue
- 11.12.3 Products
- 11.12.4 Recent Developments
11.13. Dragonchain
- 11.13.1 Company Overview
- 11.13.2 Company Revenue
- 11.13.3 Products
- 11.13.4 Recent Developments
11.14. Nuggets
- 11.14.1 Company Overview
- 11.14.2 Company Revenue
- 11.14.3 Products
- 11.14.4 Recent Developments
11.15. 1Kosmos Inc.
- 11.15.1 Company Overview
- 11.15.2 Company Revenue
- 11.15.3 Products
- 11.15.4 Recent Developments

Note - In company profiling, financial details and recent developments are subject to availability or might not be covered in the case of private companies