Blockchain Identity Management Market

The Blockchain Identity Management market utilizes decentralized technologies like DIDs and digital wallets to provide secure and user-controlled identity verification. Key customers include enterprises across healthcare, BFSI, and retail, as well as governments and SMEs. Growth is primarily driven by increasing demand for data privacy and security, significant government investment in blockchain R&D, and the need for enhanced transparency in areas like supply chain management and KYC processes.

CAGR

79.5%

Compound Annual Growth Rate

Current Value

$2.91B

Estimated 2026

Projected Value

$97.4B

By 2032

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