Blockchain Identity Management Market by Provider (Application Provider, Middleware Provider, Infrastructure Provider), Organization Size, Vertical (BFSI, Government, Healthcare and Lifesciences, Real Estate), and Region - Global Forecast to 2023

Publisher Name :
Date: 06-Jun-2018
No. of pages: 128
Inquire Before Buying

“Growing interest for identity management solutions through the blockchain technology across industry verticals and increasing demand for self-sovereign identification are expected to drive the blockchain identity management market”

The blockchain identity management market size is expected to grow from USD 90.4 million in 2018 to USD 1,929.9 million by 2023, at a Compound Annual Growth Rate (CAGR) of 84.5% during the forecast period. The block chain identity management market is driven by various factors, such as the increasing demand for self-sovereign identification and rising security concerns with existing models across the globe. However, lack of common set of regulatory standards and uncertain regulatory landscape and concerns regarding the authenticity of the user scouldhinder the growth of the market.

Application providers segment is expected to grow at the highest CAGR during the forecast period

The application providers segment is the fastest growing segment in the blockchain identity management market. The market is segmented by application providers, middlew are providers, and infrastructure providers. The blockchain identity management technology’s unique capabilities, such as self-sovereign identification, authenticity, and KYC simplification, are expected to increase the demand for the blockchain identity management solutions.

BFSI vertical is expected to hold the largest market share during the forecast period

The Banking, Financial Service, and Insurance (BFSI) vertical is expected to hold the largest market size during the forecast period. With the increasing need for the identity verification in the banking system and the difficulties in the traditional identification methods are making the identification processes more complex. The implementation of blockchain technology for identity management will not only simplify the KYC processes for BFSI organizations but also ensure the protection of the user’s personal information. All these advantages are expected to encourage organizations to adopt the blockchain identity management solutions in the BFSI industry vertical.

APAC is expected to record the highest growth rate during the forecast period

APAC is expected to grow at the highest rate during the forecast period, due to the increase in venture capital funding and number of startups, and governments’ increasing focus on regulating the blockchain technology identity management market space. The key financial hubs and government organizations in APAC countries, such as Japan, Australia and New Zealand, Hong Kong, and Singapore, provide significant opportunities for the adoption of blockchain identity management solutions. Meanwhile, North America is projected to hold the largest market size during the forecast period.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the blockchain identity management marketplace.


  • By company type: Tier 1: 10%, Tier 2:35%, and Tier 3: 55%

  • By designation: C-Level: 60%, Director Level: 25%, and Others15%

  • By region: North America: 25%, Europe: 35%, APAC: 25%, MEA: 10%and Latin America: 5%


The blockchain identity management market comprises major solution providers, such as IBM (US), AWS (US), Civic Technologies (US), KYC-Chain (Hong Kong), Bitfury (US), Evernym (US), Factom (US), Netki (US), ShoCard (US), UniquID (US), Microsoft (US), Oracle (US), Bitnation (Switzerland), Nodalblock (Spain), EdgeSecure (Airbitz) (US), Blockverify (UK), Peer Ledger (Canada),Cambridge Blockchain (US), uPort (US), Originalmy (Brazil), Neuroware (Malaysia), Tradle (US), Existenceid (Australia), Coinfirm (Poland), and BTL Group (Canada). The study includes in-depth competitive analysis of these key players in the blockchain identity management market, with their company profiles, recent developments, and key market strategies.

Research Coverage

The market study covers the blockchain identity management market across segments. It aims at estimating the market size and the growth potential of this market across segments, such as provider, vertical, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall blockchain identity management market and the sub segments. This report will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Blockchain Identity Management Market by Provider (Application Provider, Middleware Provider, Infrastructure Provider), Organization Size, Vertical (BFSI, Government, Healthcare and Lifesciences, Real Estate), and Region - Global Forecast to 2023

Table of Contents

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.4 Years Considered for the Study
1.5 Currency
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakdown of Primaries
2.1.2.2 Key Industry Insights
2.2 Market Size Estimation
2.2.1 Bottom-Up Approach
2.2.2 Top-Down Approach
2.3 Research Assumptions
2.4 Limitations

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Blockchain Identity Management Market
4.2 Market By Provider and Top 3 Regions, 2018
4.3 Market By Organization Size, 2018
4.4 Market Investment Scenario
4.5 Market Top 3 Verticals

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Rising Security Concerns Across the Globe With the Traditional Identity Management Models
5.2.1.2 Growing Demand for Blockchain Identity Solutions Across Industry Verticals
5.2.1.3 Increasing Demand for Self-Sovereign Identification
5.2.1.4 Easing Business Functions Through High Transaction Speed and Immutability
5.2.2 Restraints
5.2.2.1 Concerns Related to the Authenticity of Users
5.2.2.2 Uncertain Regulatory Status and Lack of A Common Set of Standards
5.2.3 Opportunities
5.2.3.1 Extensive Applications of Blockchain Identity Solutions in Banking, Cybersecurity, and IoT
5.2.4 Challenges
5.2.4.1 Lack of Awareness About the Blockchain Technology
5.2.4.2 Lack of Skillsets, Technical Knowledge, and Understanding About the Blockchain Concept
5.3 Industry Trends
5.3.1 Types of Blockchain Technology
5.3.1.1 Private Blockchain
5.3.1.2 Public Blockchain
5.3.2 Blockchain Associations and Consortiums
5.3.2.1 Enterprise Ethereum Alliance (EEA)
5.3.2.2 Hyperledger Consortium
5.3.2.3 Global Blockchain Business Council
5.3.2.4 Blockchain Collaborative Consortium (BCCC)
5.3.2.5 R3cev Blockchain Consortium
5.3.2.6 Cls Group
5.3.2.7 Global Payments Steering Group (GPSG)
5.3.2.8 Financial Blockchain Shenzhen Consortium (FBSC)
5.3.2.9 CU Ledger
5.4 Regulatory Landscape
5.4.1 Know Your Customer (KYC)
5.4.2 Anti Money Laundering
5.4.3 General Data Protection Regulation (GDPR)
5.5 Digital Identity Implementation on Public and Private Blockchains
5.5.1 Closed Blockchain
5.5.2 Open Blockchain
5.6 Innovation Spotlight

6 Blockchain Identity Management Market, By Provider
6.1 Introduction
6.1.1 Blockchain-Based Digital Identity Management
6.1.1.1 Self-Sovereign Identity
6.1.1.2 Handshake Mechanism
6.2 Application Providers
6.3 Middleware Providers
6.4 Infrastructure Providers

7 Blockchain Identity Management Market, By Organization Size
7.1 Introduction
7.2 Large Enterprises
7.3 Small and Medium-Sized Enterprises

8 Blockchain Identity Management Market, By Vertical
8.1 Introduction
8.2 Banking, Financial Services, and Insurance
8.3 Government
8.4 Healthcare and Life Sciences
8.5 Telecom and IT
8.6 Retail and Ecommerce
8.7 Transport and Logistics
8.8 Real Estate
8.9 Media and Entertainment
8.10 Travel and Hospitality
8.11 Others

9 Blockchain Identity Management Market, By Region
9.1 Introduction
9.2 North America
9.2.1 United States
9.2.2 Canada
9.3 Europe
9.3.1 United Kingdom
9.3.2 Germany
9.3.3 Rest of Europe
9.4 Asia Pacific
9.4.1 Japan
9.4.2 Singapore
9.4.3 Australia and New Zealand
9.4.4 Rest of Apac
9.5 Middle East and Africa
9.5.1 Middle East
9.5.2 Africa
9.6 Latin America
9.6.1 Mexico
9.6.2 Brazil
9.6.3 Rest of Latin America

10 Competitive Landscape
10.1 Overview
10.2 Competitive Situations and Trends
10.2.1 New Product Launches/Product Enhancements
10.2.2 Business Expansions
10.2.3 Partnerships, Agreements, and Collaborations
10.2.4 Mergers and Acquisitions

11 Company Profiles
11.1 Introduction
(Business Overview, Solutions and Services Offered, Recent Developments, SWOT Analysis, and MnM View)*
11.2 AWS
11.3 Bitfury
11.4 Civic Technologies
11.5 IBM
11.6 BTL Group
11.7 Evernym
11.8 Factom
11.9 KYC-Chain
11.10 Netki
11.11 ShoCard
11.12 Tradle
11.13 UniqID
11.14 Key Innovators
11.14.1 Bitnation
11.14.2 Blockverify
11.14.3 Cambridge Blockchain
11.14.4 Coinfirm
11.14.5 Existenceid
11.14.6 Microsoft
11.14.7 Neuroware
11.14.8 Nodalblock
11.14.9 Oracle
11.14.10 Originalmy
11.14.11 Peer Ledger
11.14.12 uPort

*Details on Business Overview, Solutions and Services Offered, Recent Developments, SWOT Analysis, and MnM View Might Not Be Captured in Case of Unlisted Companies.

12 Appendix
12.1 Discussion Guide
12.2 Knowledge Store: Marketsandmarkets’ Subscription Portal
12.3 Introducing RT: Real-Time Market Intelligence
12.4 Available Customizations
12.5 Related Reports
12.6 Author Details

List of Tables

Table 1 Blockchain Identity Management Market Size and Growth Rate, 2016–2023 (USD Million, Y-O-Y %)
Table 2 Innovation Spotlight: Latest Blockchain Identity Management Solutions
Table 3 Market Size By Provider, 2016–2023 (USD Million)
Table 4 Application Providers: Market Size By Region, 2016–2023 (USD Million)
Table 5 Middleware Providers: Market Size By Region, 2016–2023 (USD Million)
Table 6 Infrastructure Providers: Market Size By Region, 2016–2023 (USD Million)
Table 7 Blockchain Identity Management Market Size, By Organization Size, 2016–2023 (USD Million)
Table 8 Large Enterprises: Market Size By Region, 2016–2023 (USD Million)
Table 9 Small and Medium-Sized Enterprises: Blockchain Identity Market Size, By Region, 2016–2023 (USD Million)
Table 10 Blockchain Identity Management Market Size, By Vertical, 2016–2023 (USD Million)
Table 11 Banking, Financial Services, and Insurance: Market Size By Region, 2016–2023 (USD Million)
Table 12 Government: Market Size By Region, 2016–2023 (USD Million)
Table 13 Healthcare and Life Sciences: Market Size By Region, 2016–2023 (USD Million)
Table 14 Telecom and IT: Market Size By Region, 2016–2023 (USD Million)
Table 15 Retail and Ecommerce: Market Size By Region, 2016–2023 (USD Million)
Table 16 Transport and Logistics: Market Size By Region, 2016–2023 (USD Million)
Table 17 Real Estate: Market Size By Region, 2016–2023 (USD Million)
Table 18 Media and Entertainment: Market Size By Region, 2016–2023 (USD Million)
Table 19 Travel and Hospitality: Market Size By Region, 2016–2023 (USD Million)
Table 20 Others: Market Size By Region, 2016–2023 (USD Million)
Table 21 Blockchain Identity Management Market Size, By Region, 2016–2023 (USD Million)
Table 22 North America: Market Size By Provider, 2016–2023 (USD Million)
Table 23 North America: Market Size By Organization Size, 2016–2023 (USD Million)
Table 24 North America: Market Size By Vertical, 2016–2023 (USD Million)
Table 25 North America: Market Size By Country, 2016–2023 (USD Million)
Table 26 Europe: Market Size By Provider, 2016–2023 (USD Million)
Table 27 Europe: Market Size By Organization Size, 2016–2023 (USD Million)
Table 28 Europe: Market Size By Vertical, 2016–2023 (USD Million)
Table 29 Europe: Market Size By Country, 2016–2023 (USD Million)
Table 30 Asia Pacific: Blockchain Identity Management Market Size, By Provider, 2016–2023 (USD Million)
Table 31 Asia Pacific: Market Size By Organization Size, 2016–2023 (USD Million)
Table 32 Asia Pacific: Market Size By Vertical, 2016–2023 (USD Million)
Table 33 Asia Pacific: Market Size By Country, 2016–2023 (USD Million)
Table 34 Middle East and Africa: Market Size By Provider, 2016–2023 (USD Million)
Table 35 Middle East and Africa: Market Size By Organization Size, 2016–2023 (USD Million)
Table 36 Middle East and Africa: Market Size By Vertical, 2016–2023 (USD Million)
Table 37 Middle East and Africa: Market Size By Subregion, 2016–2023 (USD Million)
Table 38 Latin America: Blockchain Identity Management Market Size, By Provider, 2016–2023 (USD Million)
Table 39 Latin America: Market Size By Organization Size, 2016–2023 (USD Million)
Table 40 Latin America: Market Size By Vertical, 2016–2023 (USD Million)
Table 41 Latin America: Market Size By Country, 2016–2023 (USD Million)
Table 42 New Product Launches/Product Enhancements, 2017–2018
Table 43 Business Expansions, 2018
Table 44 Partnerships, Agreements, and Collaborations, 2017–2018
Table 45 Mergers and Acquisitions, 2016

List of Figures

Figure 1 Global Blockchain Identity Management Market Segmentation
Figure 2 Global Market Research Design
Figure 3 Breakdown of Primary Interviews: By Company, Designation, and Region
Figure 4 Data Triangulation
Figure 5 Market Size Estimation Methodology: Bottom-Up Approach
Figure 6 Market Size Estimation Methodology: Top-Down Approach
Figure 7 Blockchain Identity Management Market: Assumptions
Figure 8 Market By Provider
Figure 9 North America is Estimated to Hold the Largest Market Share in 2018
Figure 10 Top 3 Revenue Segments of the Blockchain Identity Management Market
Figure 11 Increasing Demand for Self-Sovereign Identification is Expected to Boost the Growth of the Blockchain Identity Management Market During the Forecast Period
Figure 12 Infrastructure Providers Segment and North America are Estimated to Have the Largest Market Shares in 2018
Figure 13 Large Enterprises Segment is Estimated to Have the Larger Market Share in 2018
Figure 14 Asia Pacific is Expected to Emerge as the Best Market for Investments in the Next 5 Years
Figure 15 Banking, Financial Services, and Insurance Vertical is Projected to Have the Largest Market Size By 2023
Figure 16 Blockchain Identity Management Market: Drivers, Restraints, Opportunities, and Challenges
Figure 17 Application Providers Segment is Expected to Grow at the Highest CAGR During the Forecast Period
Figure 18 Small and Medium-Sized Enterprises Segment is Expected to Grow at A Higher CAGR During the Forecast Period
Figure 19 Banking, Financial Services, and Insurance Vertical is Expected to Have the Largest Market Size During the Forecast Period
Figure 20 Asia Pacific is Expected to Have the Fastest Growth Rate During the Forecast Period
Figure 21 North America: Market Snapshot
Figure 22 Asia Pacific: Market Snapshot
Figure 23 Key Developments By the Leading Players in the Blockchain Identity Management Market, 2015–2018
Figure 24 AWS: Company Snapshot
Figure 25 IBM: Company Snapshot
Figure 26 Microsoft: Company Snapshot
Figure 27 Oracle: Company Snapshot

  • Global Smart Augmented Reality Glasses Market Data Survey Report 2025
    Published: 10-Nov-2018        Price: US 1500 Onwards        Pages: 77
    Summary The global Smart Augmented Reality Glasses market will reach Volume Million USD in 2018 with CAGR xx% 2018-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers (manufacturing sites, capacity and production, product specifications etc.) Major Application Major Type Key manufacturers are included based on manufacturing sit......
  • Global Visual Computing Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023
    Published: 09-Nov-2018        Price: US 3480 Onwards        Pages: 124
    Visual computing is a generic term for all computer science disciplines handling with images and 3D models, i.e. computer graphics, image processing, visualization, computer vision, virtual and augmented reality, video processing, but also includes aspects of pattern recognition, human computer interaction, machine learning and digital libraries. Scope of the Report: The value chain of the visual computing market is from the broad and complex network. The entire cha......
  • Global Artificial Intelligence Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023
    Published: 08-Nov-2018        Price: US 3480 Onwards        Pages: 138
    The AI market is entering a dynamic phase of growth where adoption in the enterprise sector continues unabated, but there are questions emerging within research and academic circles about whether the technologies fueling the AI revolution, particularly deep learning, might be hitting a bottleneck. The recent controversy surrounding Facebook and data privacy, AI safety and explainability with Uber's self-driving car fatality, or questions about authenticity and the power of generative algorithms ......
  • Global Network Video Recorder (NVR) Market 2018 by Manufacturers, Regions, Type and Application, Forecast to 2023
    Published: 07-Nov-2018        Price: US 3480 Onwards        Pages: 123
    A software that records video in a digital format to a USB flash drive, SD memory card, or other mass storage device is termed as Network Video Recorder (NVR). Scope of the Report: It does not contain any dedicated video capture hardware; however, the software typically runs on a separate device, usually with an embedded operating system. An NVR is deployed in an IP video surveillance system. Ease of installation, more robust & safer systems, and data......
  • Global IT Robotic Automation Market 2018 by Manufacturers, Countries, Type and Application, Forecast to 2023
    Published: 07-Nov-2018        Price: US 3480 Onwards        Pages: 124
    IT robotics automation, which configures a software that can capture and interpret the actions of existing applications employed in various business processes provided a gateway for such organizations into delivering better output in a cost-effective manner which was not possible with earlier automation approaches. Scope of the Report: IT robotics automation include process automation and advanced analytics in operations and processes at economical prices. It also b......
  • Global Mobile Mapping Systems Market Data Survey Report 2025
    Published: 01-Nov-2018        Price: US 1500 Onwards        Pages: 68
    Summary The global Mobile Mapping Systems market will reach Volume Million USD in 2018 with CAGR xx% 2018-2025. The main contents of the report including: Global market size and forecast Regional market size, production data and export & import Key manufacturers (manufacturing sites, capacity and production, product specifications etc.) Major Application Major Type Key manufacturers are included based on manufacturing sites, capacity and productio......
  • Global Fingerprint Lock Market Research Report 2018
    Published: 31-Oct-2018        Price: US 2900 Onwards        Pages: 122
    This report studies the global Fingerprint Lock market status and forecast, categorizes the global Fingerprint Lock market size (value & volume) by manufacturers, type, application, and region. This report focuses on the top manufacturers in North America, Europe, Japan, China, and other regions (India, Southeast Asia). The major manufacturers covered in this report - DIGI - ZKS - Kaadas - Demann - BE-TECH - Bangpai ......
  • Artificial Intelligence: Applications and Global Markets
    Published: 29-Oct-2018        Price: US 5500 Onwards        Pages: 150
    Report Scope: In this report, the market has been segmented based on technology, deployment, organization size, end-user industry and geography. The report provides an overview of the global market for artificial intelligence and analyzes market trends. Using 2017 as the base year, the report provides estimated market data for the forecast period 2018 through 2023. Revenue forecasts for this period are segmented based on deployment, organization size, end-user industry and geography......
  • Supermarket Customer Behavior Detection Technology: Patent Distribution, Brand Strength, and Market Opportunity Analysis
    Published: 26-Oct-2018        Price: US 1800 Onwards        Pages: 26
    With the growing popularity of e-commerce, online shopping has become a popular shopping method. Despite so, consumers still have a huge demand to shop at physical stores for items such as groceries, frozen food, and beverages. In recent years, the O2O (Online to Offline) commerce is also growing as many online retailers employ the online-to-offline business strategy by offering in-store pick-up services for items purchased online while some large-scale physical retail stores adopt the offline-t......
  • SERVICES
    Value for Money
    We believe in "optimum utilization of available budget and resources". While servicing our clients' (your) market research requirements, we keep the same approach in focus to help you get the best value for your $$s.
    Ever Growing Inventory
    Ranging from the smallest feasible / required data (datasheets, data facts, SWOT analysis, company profiles, etc) to full research reports that help you make decisions, our inventory is updated almost on a daily basis with the latest industry reports from domain experts that track more than 5000 niche sectors.
    One Stop Solution
    Need a custom research report on medical devices market? Require all available business intelligence on 3D printing industry? Exploring F&B sector of a particular country/region? RnRMarketResearch.com is your one-stop-solution to all market intelligence needs. We not only offer custom research and consulting services, we also "bundle" reports to meet your needs and help you fetch the data analysis you require for your business.
    Dedicated Client Engagement
    Not limited to only "finding" relevant reports for you, our client engagement team dedicates its efforts to understand your "business need" and accordingly maps available research data to help you move forward. Call "your" client engagement executive any time of your day and get your questions answered in order to make the correct business decision.
    Saving Time and Efforts
    Simply share your research requirement details with us and let us do all the hard work to find required intelligence for you. When you add up our "one stop solution" and "dedicated client engagement" services mentioned above, you obviously know the time and effort saving you do by working with us.
    Payment Flexibility
    Working with Fortune 500 organizations, we understand the importance of being flexible for payments. Share your payment terms with us and we will surely match up to them to ensure you get access to required business intelligence data without having to wait for the payment to be done.
    Post-Purchase Research Support
    Have questions after reading a report / datasheet bought through us? Not sure about the methodology used for data available in the research? Talk to us / Share your questions with us and if required, we will connect you with the analyst(s)/author(s) of the report(s) and ensure you get satisfactory answers for the same. Need more data / analysis / report(s) on the topic of your research/project? The RnRMarketResearch.com team is here for you 24X7 to support you with your post-purchase requirements. Subscription Offers & Packages (Get in touch with us for more details - sales@rnrmarketresearch.com / +1 888 391 5441 )
    • Ad Hoc
    • Pay - as - you - go / Bucket Subscriptions
    • Fixed Cost for #of reports
    • Customize / Personalize as per your needs