Global Web 3.0 Decentralized identities (DIDs) Market Growth (Status and Outlook) 2024-2030

Global Web 3.0 Decentralized identities (DIDs) Market Growth (Status and Outlook) 2024-2030

In the world of Web3, a decentralized identity (DID) marks a shift from traditional centralized identity management systems to one where the user, hold the power over digital persona. Unlike traditional systems where identity data is controlled by institutions (like social media platforms or financial institutions), DIDs empower to own and control personal data, bringing forth a paradigm of user autonomy and heightened security within the digital landscape​.

The global Web 3.0 Decentralized identities (DIDs) market size is projected to grow from US$ 47.9 million in 2024 to US$ 269 million in 2030; it is expected to grow at a CAGR of 33.3% from 2024 to 2030.

LPI (LP Information)' newest research report, the “Web 3.0 Decentralized identities (DIDs) Industry Forecast” looks at past sales and reviews total world Web 3.0 Decentralized identities (DIDs) sales in 2022, providing a comprehensive analysis by region and market sector of projected Web 3.0 Decentralized identities (DIDs) sales for 2023 through 2029. With Web 3.0 Decentralized identities (DIDs) sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Web 3.0 Decentralized identities (DIDs) industry.

This Insight Report provides a comprehensive analysis of the global Web 3.0 Decentralized identities (DIDs) 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 Web 3.0 Decentralized identities (DIDs) portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Web 3.0 Decentralized identities (DIDs) market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Web 3.0 Decentralized identities (DIDs) 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 Web 3.0 Decentralized identities (DIDs).

United States market for Web 3.0 Decentralized identities (DIDs) 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 Web 3.0 Decentralized identities (DIDs) 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 Web 3.0 Decentralized identities (DIDs) is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Web 3.0 Decentralized identities (DIDs) players cover Microsoft, Accenture, Wipro, SecureKey Technologies, R3, 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 Web 3.0 Decentralized identities (DIDs) market by product type, application, key players and key regions and countries.

Segmentation by Type:
Public DIDs
Private DIDs

Segmentation by Application:
Government
Telecom and IT
Finance
Others

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:
Public DIDs
Private DIDs

Segmentation by Application:
Government
Telecom and IT
Finance
Others

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
Accenture
Wipro
SecureKey Technologies
R3
Avast
Ping Identity
Finema
Galxe(GAL)
Ethereum Name Service(ENS)
Polygon ID
Worldcoin

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