Decentralized Identity Market

The decentralized identity market provides solutions for user-controlled, secure digital identity management. The primary customers are organizations, particularly large enterprises and government entities, across verticals like IT & Telecom, BFSI, and Healthcare. Market growth is driven by the urgent need to manage massive data influx, mitigate security breaches stemming from overloaded IT infrastructure and BYOD policies, and leverage emerging technologies like AI for identity verification.