Decentralized identity, also referred to as self-sovereign identity, is an open-standards based identity framework that uses digital identifiers and verifiable credentials that are self-owned, independent, and enable trusted data exchange.
This report contains market size and forecasts of Decentralized Identity Systems in Global, including the following market information:
Global Decentralized Identity Systems Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global top five companies in 2021 (%)
The global Decentralized Identity Systems market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period 2022-2028.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Non- biometrics Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Decentralized Identity Systems include Microsoft, Accenture, Persistent, Wipro, SecureKey Technologies, R3, Avast, Validated ID and Serto, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Decentralized Identity Systems companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Decentralized Identity Systems Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Decentralized Identity Systems Market Segment Percentages, by Type, 2021 (%)
Non- biometrics
Biometrics
Global Decentralized Identity Systems Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Decentralized Identity Systems Market Segment Percentages, by Application, 2021 (%)
Government
Healthcare and Life Sciences
Telecom and IT
Retail and E-Commerce
Transport and Logistics
Other
Global Decentralized Identity Systems Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Decentralized Identity Systems Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Decentralized Identity Systems revenues in global market, 2017-2022 (estimated), ($ millions)
Key companies Decentralized Identity Systems revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Microsoft
Accenture
Persistent
Wipro
SecureKey Technologies
R3
Avast
Validated ID
Serto
Ping Identity
NuID
Dragonchain
Nuggets
Finema
Datarella
Civic Technologies
1Kosmos
Affinidy
Hu-manity
SelfKey