Blockchain Identity Management Market Size, Share, Analysis, Industry Report, and Forecast - 2019-2025
The rate of blockchain technology adoption is growing at a significant rate across the globe. Owing to this the investment in blockchain technology has increased substantially as well, with key market players looking to grab the major opportunity. The increase in demand for privacy & security solutions among enterprises is also boosting the growth of the blockchain identity management market over the forecast period. Blockchain offers different solutions for the majority of industries digital concerns include transparency, supply chain management, product security & counterfeiting, transaction speed, and compliance management among others. Blockchain technology was established to serve the public transaction for cryptocurrencies that utilize cryptography and distributed databases to secure transactions. These features of blockchain offer improved security while identifying data & record, transparent network infrastructure, low cost of operations benefits, storing and transmitting data and open & decentralized ledger.

Request a free sample of our report on Blockchain Identity Management Market: https://www.omrglobal.com/request-sample/blockchain-identity-management-market

Moreover, according to Cyber Security Statistics in 2017, 16.7 million people became a victim of identity fraud across the globe. As per the Google report on cyber security in 2017, hackers obtained over 12 million credentials through phishing. Additionally, the decentralized characteristics of blockchain and distributed ledgers of people to further control over their data with improved security. Blockchain allows validating the original identity of an entity that could be victims of valuable assets for various industries and creates trust in the digital environment. Furthermore, growing incidents of hacking, unauthorized access, theft, unauthorized disclosure, data breaches will create significant demand for blockchain identity management. The factors that are contributing significantly to the market growth include increasing R&D activities, rising healthcare expenditure, and stringent government regulations related to medical facilities. For instance, regulations such as the EU General Data Protection Regulation (EU GDPR) strengthen identity standards that require modern identity solutions. Governments look towards distributed ledger technology to bestow identities to the unidentified and to protect citizen’s personally identifiable information.

A full report of Blockchain Identity Management Market is available at https://www.omrglobal.com/industry-reports/blockchain-identity-management-market

Global Blockchain Identity Management Market- Segmentation

By Provider

Infrastructure Providers

Middleware Providers

Application Providers

By End-Users

BFSI

Government

Automotive & Transportation

Retail and E-commerce

Healthcare

others

By Region

North America

The US

Canada

Europe

Germany

UK

France

Spain

Italy

Rest of Europe

Asia-Pacific

China

Japan

India

Rest of Asia-Pacific

Rest of the World

Latin America

Middle East Africa

Company Profiles

Amazon Web Services, Inc.

Bitfury Group,Ltd.

BTL Group, Ltd.

Cambridge Blockchain LLC

Civic Technologies, Inc.

ConsenSys AG

EdgeSecure (Airbitz, Inc.)

Evernym, Inc.

Factom, Inc.

IBM Corp.

For more customized data, request for report customization @ https://www.omrglobal.com/report-customization/blockchain-identity-management-market

About us:

Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services.



For More Information, Visit https://www.omrglobal.com/

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: [email protected]

Contact no: +91 780-304-0404