The market analysis of “Blockchain Identity Management Market” 2023 covers the regional, global, and company levels, providing a comprehensive overview of this capital-intensive and essential industry that greatly impacts economies worldwide. This in-depth report aims to present extensive research on the global market, highlighting crucial market aspects and suggesting future growth directions based on the findings. It includes historical market values as well as projections for the upcoming year 2031.
Blockchain provides various solutions for majority of industries’ digital concerns such as, product security & counterfeiting, transparency, transaction speed, supply chain management, compliance management, and others. Blockchain technology originally was developed to serve the public transaction ledger for cryptocurrencies that uses cryptography and distributed databases to record and secure transactions. This characteristic of blockchain provides enhanced security while storing and transmitting data, identifying data & records, open & decentralized ledger, transparent network infrastructure, and low cost of operations benefits.
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The report evaluates the market forces influencing pricing structures and production in the global market, employing two perspectives for analysis: Porter’s Five Forces Analysis and the institutional economics framework. It addresses the complexities present at both the global and regional levels, providing insights into major competitors, their market value, and market status. Furthermore, the report delves into market revenues, offering a comprehensive view of the industry landscape.
Moreover, according to Cyber Security Statistics in 2017, 16.7 million people became victim to identity fraud globally. In addition, according to Google report on cybersecurity in 2017, during 2016-2017 hackers obtained over 12 million credentials through phishing. Moreover, the decentralized feature of blockchain and distributed ledgers provide people further control over their data along with enhanced security.
It seems that the ICT industry in Europe is predicted to experience moderate growth in the coming years, with an annual increase of 1.5% expected from 2021 to 2026. Germany currently holds the top position in terms of ICT revenue in Europe, followed by the United Kingdom, France, and Ireland. It’s interesting to note that while some countries like Malta have experienced significant growth in the ICT industry since 2016, others like Italy have seen a slight decline. This information can be useful for businesses and investors looking to enter or expand in the European ICT market.
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KEY MARKET PLAYERS PROFILED IN THE REPORT – Amazon Web Services, Inc. – Bitfury Group Limited – Blockverify – Cambridge Blockchain LLC – Civic Technologies – Evernym Inc. – IBM Corporation – KYC-CHAIN LIMITED – Microsoft Corporation – Oracle Corporation
KEY MARKET SEGMENTS
BY SERVICE PROVIDERS– Infrastructure Providers – Middleware Providers – Application Providers
BY ORGANIZATION SIZE – Large Enterprises – Small & Medium Enterprises (SMEs)
BY INDUSTRY VERTICAL – BFSI – Government – Healthcare – Automotive & Transportation – Retail and E-commerce – Others
BY REGION– North America o U.S. o Canada – Europe o UK o Germany o France o Spain o Rest of Europe – Asia-Pacific o China o India o Japan o Australia o Rest of Asia-Pacific – LAMEA o Latin America o Middle East o Africa
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Major Points Covered in TOC:
Market Summary: The market summary encompasses six key sections, including the research scope, coverage of major players, market segments by type and application, study goals, and the years considered for analysis.
Market Landscape: This section provides a comprehensive analysis of the global market, examining its value, income, volume, market rate, and the latest trends. Graphs and market share data are used to illustrate the growth and consolidation of the overall industry and highlight the top organizations.
Company Profiles: This segment focuses on the leading players in the global market, evaluating their performance based on sales across different regions, key innovations, net income, cost, and other relevant factors.
Market Status and Outlook by Region: In this segment, the report examines key metrics such as net sales, revenue, production, market share, CAGR, and market size by region. A thorough analysis of the global market is conducted based on regions and countries, including North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Segment Analysis: This section provides accurate and reliable forecasts regarding the market share of essential segments. It offers insights into the future performance of these segments based on comprehensive analysis.
Market Forecasts: The research analysts provide accurate and validated values of the total market size in terms of value and volume in this section. Additionally, the report includes forecasts related to production, consumption, sales, and other important aspects of the global market.
Market Trends: This section presents a deep dive analysis of recent and future trends in the market, providing valuable insights for market participants.
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