Global Decentralized Identity Management System Market Growth (Status and Outlook) 2024-2030

Global Decentralized Identity Management System Market Growth (Status and Outlook) 2024-2030

Decentralized Identity Management Systems (DIMS) are an emerging solution aimed at enhancing privacy, security, and user control over personal data in digital identity verification processes. Unlike traditional centralized systems, where a single entity (like a government or a large corporation) holds and manages user data, decentralized identity management systems distribute the data across a network, typically using blockchain technology.

The global Decentralized Identity Management System market size is projected to grow from US$ 900 million in 2024 to US$ 42370 million in 2030; it is expected to grow at a CAGR of 90.0% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Decentralized Identity Management System Industry Forecast” looks at past sales and reviews total world Decentralized Identity Management System sales in 2022, providing a comprehensive analysis by region and market sector of projected Decentralized Identity Management System sales for 2023 through 2029. With Decentralized Identity Management System sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Decentralized Identity Management System industry.

This Insight Report provides a comprehensive analysis of the global Decentralized Identity Management System landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Decentralized Identity Management System portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Decentralized Identity Management System market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Decentralized Identity Management System and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Decentralized Identity Management System.

United States market for Decentralized Identity Management System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Decentralized Identity Management System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Decentralized Identity Management System is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Decentralized Identity Management System players cover Microsoft, Avast, IBM, Ping Identity, Accenture, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Decentralized Identity Management System market by product type, application, key players and key regions and countries.

Segmentation by Type:
Biometric
Non-biometric

Segmentation by Application:
BFSI
Government
Healthcare and Life Sciences
Telecom and IT
Retail and E-Commerce
Transport and Logistics
Media & Entertainment
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

Segmentation by Type:
Biometric
Non-biometric

Segmentation by Application:
BFSI
Government
Healthcare and Life Sciences
Telecom and IT
Retail and E-Commerce
Transport and Logistics
Media & Entertainment
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Microsoft
Avast
IBM
Ping Identity
Accenture
R3
1Kosmos
InfoCert
Civic Technologies
Ontology
Spruce ID
Fractal ID
Validated ID
TrueVett (VeriME)
Finema
Dock Labs
Nuggets
Affinidi
Metadium
Infopulse
Dragonchain
Serto
Datarella
Blockster Labs

Please note: The report will take approximately 2 business days to prepare and deliver.