Global Decentralized Identity Systems Market Insights, Forecast to 2029

Global Decentralized Identity Systems Market Insights, Forecast to 2029

Market Analysis and Insights: Global Decentralized Identity Systems Market

Due to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Decentralized Identity Systems estimated at US$ 477.79 million in the year 2023, is projected to reach a revised size of US$ 9,831.35 million by 2029, growing at a CAGR of 65.54% during the forecast period 2023-2029.

The US & Canada market for Decentralized Identity Systems is estimated to increase from $ 185.75 million in 2023 to reach $ 3,602.92 million by 2029, at a CAGR of 63.92% during the forecast period of 2024 through 2029.

The China market for Decentralized Identity Systems is estimated to increase from $ 58.82 million in 2023 to reach $ 1,628.64 million by 2029, at a CAGR of 73.93% during the forecast period of 2024 through 2029.

The Europe market for Decentralized Identity Systems is estimated to increase from $ 130.73 million in 2023 to reach $ 2,346.16 million by 2029, at a CAGR of 61.81% during the forecast period of 2024 through 2029.

The global key companies of Decentralized Identity Systems include Microsoft, Avast, Ping Identity, 1Kosmos, IBM, Accenture, R3, Civic Technologies, InfoCert, Ontology, Spruce ID, TrueVett (VeriME), Dock Labs, Finema, Metadium, Affinidi, Datarella, Infopulse, Dragonchain, Validated ID, Serto, Blockster Labs, Nuggets, etc. In 2022, the global top five players had a share approximately 41.35 % in terms of revenue.

Report Includes

This report presents an overview of global market for Decentralized Identity Systems market size. Analyses of the global market trends, with historic market revenue data for 2018 - 2022, estimates for 2023, and projections of CAGR through 2029.

This report researches the key producers of Decentralized Identity Systems, also provides the revenue of main regions and countries. Highlights of the upcoming market potential for Decentralized Identity Systems, and key regions/countries of focus to forecast this market into various segments and sub-segments. Country specific data and market value analysis for the U.S., Canada, Mexico, Brazil, China, Japan, South Korea, Southeast Asia, India, Germany, the U.K., Italy, Middle East, Africa, and Other Countries.

This report focuses on the Decentralized Identity Systemsrevenue, market share and industry ranking of main companies, data from 2018 to 2023. Identification of the major stakeholders in the global Decentralized Identity Systems market, and analysis of their competitive landscape and market positioning based on recent developments and segmental revenues. This report will help stakeholders to understand the competitive landscape and gain more insights and position their businesses and market strategies in a better way.

This report analyzes the segments data by Type and by Application, revenue, and growth rate, from 2018 to 2029. Evaluation and forecast the market size for Decentralized Identity Systems revenue, projected growth trends, production technology, application and end-user industry.

Descriptive company profiles of the major global players, including Microsoft, IBM, Accenture, Wipro, R3, Avast, Validated ID, Serto, and Ping Identity, etc.

By Company

Microsoft

Avast

Ping Identity

1Kosmos

IBM

Accenture

R3

Civic Technologies

InfoCert

Ontology

Spruce ID

TrueVett (VeriME)

Dock Labs

Finema

Metadium

Affinidi

Datarella

Infopulse

Dragonchain

Validated ID

Serto

Blockster Labs

Nuggets

Segment by Type

Biometric

Non-biometric

Segment by Application

BFSI

Government

Healthcare and Life Sciences

Telecom and IT

Retail and E-Commerce

Transport and Logistics

Media & Entertainment

Other

By Region

North America

United States

Canada

Asia Pacific-Pacific

China

Japan

South Korea

Southeast Asia

India

Australia

Rest of Asia Pacific

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Rest of Europe

Latin America

Mexico

Brazil

Rest of Latin America

Middle East & Africa

Turkey

Saudi Arabia

UAE

Rest of MEA

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.

Chapter 2: Revenue of Decentralized Identity Systems in global and regional level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world. This section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.

Chapter 3: Detailed analysis of Decentralized Identity Systems companies’ competitive landscape, revenue, market share and industry ranking, latest development plan, merger, and acquisition information, etc.

Chapter 4: Provides the analysis of various market segments by Type, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 5: Provides the analysis of various market segments by Application, covering the revenue, and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.

Chapter 6: North America (US & Canada) by Type, by Application and by country, revenue for each segment.

Chapter 7: Europe by Type, by Application and by country, revenue for each segment.

Chapter 8: China by Type, and by Application, revenue for each segment.

Chapter 9: Asia Pacific (excluding China) by Type, by Application and by region, revenue for each segment.

Chapter 10: Middle East, Africa, and Latin America by Type, by Application and by country, revenue for each segment.

Chapter 11: Provides profiles of key companies, introducing the basic situation of the main companies in the market in detail, including product descriptions and specifications, Decentralized Identity Systemsrevenue, gross margin, and recent development, etc.

Chapter 12: Analyst's Viewpoints/Conclusions