|
Forecast Period
|
2026-2030
|
|
Market Size (2024)
|
USD 2.39 billion
|
|
Market Size (2030)
|
USD 8.42 billion
|
|
CAGR (2025-2030)
|
23.18%
|
|
Fastest Growing Segment
|
On-Premise
|
|
Largest Market
|
North America
|
Market
Overview
The Global
Decentralised
Identity Market was
valued at USD 2.39 billion in 2024 and is expected to reach USD 8.42 billion by
2030 with a CAGR of 23.18% during the forecast period.
The
Decentralised Identity market refers to a transformative approach to digital
identity management that empowers individuals and organizations to control
their own identity credentials without reliance on a central issuing authority.
Instead of traditional models where identity verification depends on
centralized institutions such as governments, social platforms, or
corporations, decentralised identity uses blockchain technology and
cryptographic methods to establish trust, privacy, and ownership of data.
This model
enables users to create and manage self-sovereign identities, which can be
verified across different platforms without exposing personal data
unnecessarily. The rising prevalence of cyber threats, identity theft, and data
breaches has made traditional centralized identity systems vulnerable and
increasingly less effective. In contrast, decentralised identity solutions
offer higher security, transparency, and interoperability across multiple
applications, especially in financial services, healthcare, government, and
e-commerce. Furthermore, the growth of Web3 technologies, blockchain
infrastructure, and digital wallets is fueling the demand for identity systems
that align with user-centric and decentralized internet ecosystems.
Regulatory
support for data protection and privacy laws such as General Data Protection
Regulation and similar frameworks across countries are encouraging
organizations to adopt secure and user-consented identity mechanisms. As
digital transactions, online verification, and remote access continue to
expand, decentralised identity offers a seamless, privacy-focused alternative
that reduces operational overhead, minimizes fraud, and enhances user trust.
The market is expected to grow significantly with the integration of
decentralised identity into enterprise security frameworks, government
authentication processes, and consumer-facing applications.
Additionally,
the rise of cross-border digital services, decentralized finance platforms, and
metaverse environments is likely to accelerate adoption, as these domains
require interoperable and tamper-proof identity solutions. Strategic
investments, partnerships between technology providers and identity
verification platforms, and growing awareness among users about data ownership
will further propel the market. Thus, the decentralised identity market is
poised for sustained growth in the coming years, driven by technological
advancements and increasing need for secure, flexible, and privacy-respecting
identity ecosystems.
Key Market Drivers
Rising Demand for Enhanced
Data Privacy and User Control
The escalating demand for
enhanced data privacy and user control over personal information is a primary
driver propelling the Decentralised Identity Market forward. As digital
interactions proliferate across sectors like finance, healthcare, and e-commerce,
individuals are increasingly concerned about the vulnerability of their
personally identifiable information (PII) in centralized systems, which are
prone to data breaches and unauthorized access. Decentralised identity
solutions, often built on blockchain or distributed ledger technology, empower
users to manage their digital identities through self-sovereign identity (SSI)
models, allowing them to selectively share data with verifiers without relying
on intermediaries.
This user-centric approach
aligns with growing consumer expectations for transparency and autonomy,
reducing the risks associated with centralized databases that store sensitive
information. By leveraging decentralized identifiers (DIDs) and verifiable credentials
(VCs), these solutions ensure that users maintain ownership of their data,
sharing only what is necessary for specific transactions, such as age
verification without disclosing full birth dates. The shift toward
privacy-preserving technologies is further fueled by high-profile data breaches
that erode trust in traditional identity management systems.
Organisations adopting
decentralised identity solutions can streamline onboarding processes, reduce
fraud, and enhance customer trust by prioritizing privacy. This driver is
particularly significant in industries handling sensitive data, where the
ability to provide secure, user-controlled identity verification is becoming a
competitive differentiator. The integration of decentralised identity into
digital wallets and Web3 ecosystems further accelerates adoption, as businesses
seek to meet consumer demands for secure, seamless, and private digital
experiences while navigating an increasingly complex threat landscape.
A 2024 survey by the World
Economic Forum revealed that 82% of global internet users expressed concerns
about data privacy, with 67% preferring solutions that give them direct control
over their personal information. Additionally, 75% of security professionals
reported a rise in cyberattacks targeting centralized identity stores in 2023,
highlighting the urgent need for decentralised identity solutions to address
privacy and security challenges.
Stringent Regulatory
Compliance and Data Protection Mandates
The increasing stringency
of global regulatory frameworks governing data protection and privacy is a
significant driver for the Decentralised Identity Market. Regulations such as
the General Data Protection Regulation (GDPR) in Europe, the California Consumer
Privacy Act (CCPA), and similar laws in regions like Australia and Asia mandate
that organizations handle personal data responsibly, granting individuals
greater control over their information.
Decentralised identity
solutions align seamlessly with these requirements by enabling users to manage
their digital identities through secure, blockchain-based systems that
eliminate the need for centralized data repositories. These platforms allow
organizations to verify identities without storing sensitive data, reducing
compliance risks and the potential for costly penalties associated with data
breaches. For instance, decentralised identity systems support zero-knowledge
proofs, enabling verification of credentials without exposing underlying data,
which aligns with GDPR’s data minimization principles.
This capability is critical
for industries like finance and healthcare, where compliance with strict
regulatory standards is non-negotiable. Additionally, governments are exploring
decentralised identity for public services, such as digital IDs for voting or
accessing benefits, to enhance security and accessibility. The ability of these
solutions to provide tamper-proof, auditable records further supports
compliance with evolving data sovereignty laws, particularly in regions
emphasizing localized data storage. As regulatory pressures intensify,
organizations are increasingly adopting decentralised identity solutions to
future-proof their operations, reduce legal liabilities, and build trust with
stakeholders, driving significant market growth.
A 2024 report by the
International Association of Privacy Professionals (IAPP) indicated that 70% of
global organizations increased compliance budgets to meet GDPR and CCPA
requirements. Furthermore, 62% of surveyed companies adopted privacy-preserving
technologies like decentralised identity to ensure compliance, with 55%
reporting a 30% reduction in compliance-related costs due to automated
verification processes.
Proliferation of Blockchain
and Web3 Technologies
The rapid proliferation of
blockchain and Web3 technologies is a pivotal driver accelerating the
Decentralised Identity Market. Blockchain’s immutable, transparent, and
distributed ledger provides a robust foundation for decentralised identity
systems, enabling secure storage and verification of digital identities without
centralized intermediaries. The rise of Web3, which emphasizes user ownership
of data and assets, has amplified the need for self-sovereign identity
solutions that integrate seamlessly with decentralized applications (dApps),
decentralized finance (DeFi), and non-fungible token (NFT) ecosystems.
Decentralised identifiers
(DIDs) and verifiable credentials (VCs) built on blockchain platforms like
Ethereum, Hyperledger, and Solana enable interoperable, tamper-proof identity
verification across diverse networks. This is particularly valuable in scenarios
like DeFi, where secure identity management ensures trust in peer-to-peer
transactions. The integration of decentralised identity with Web3 wallets
enhances user experiences by simplifying authentication across platforms,
eliminating repetitive registrations, and reducing reliance on passwords.
As organizations and
developers increasingly adopt blockchain for applications in supply chain,
gaming, and digital governance, the demand for scalable, secure identity
solutions grows. The technical maturity of blockchain, coupled with growing
investments in Web3 infrastructure, positions decentralised identity as a
cornerstone of the decentralized internet, driving market expansion as
businesses seek to leverage these technologies for innovative, secure digital
interactions.
A 2024 study by the Cloud
Native Computing Foundation (CNCF) noted that over 1,000 blockchain-based
projects focused on decentralised identity were active globally, with 68% of
Web3 developers integrating DIDs into their applications. Additionally, 73% of
DeFi platforms reported adopting decentralised identity solutions to enhance
transaction security and user trust in 2024.
Increasing Incidents of
Identity Theft and Security Breaches
The surge in identity theft
and security breaches targeting centralized identity systems is a critical
driver for the Decentralised Identity Market. Centralized databases, which
store vast amounts of PII, are prime targets for cyberattacks, leading to significant
financial and reputational damage for organizations and individuals.
High-profile breaches, such as those affecting social media platforms and
financial institutions, expose vulnerabilities in traditional identity
management, where a single point of failure can compromise millions of records.
Decentralised identity
solutions mitigate these risks by distributing identity data across blockchain
networks, eliminating centralized storage and reducing the attack surface.
Users store credentials in secure digital wallets, sharing only necessary information
with verifiers, which minimizes data exposure. For example, a decentralised
identity system allows a user to prove eligibility for a service without
sharing sensitive details, using cryptographic techniques like zero-knowledge
proofs.
This approach significantly
reduces the risk of identity theft and fraud, as there is no central repository
for hackers to target. As organizations face mounting pressure to secure
customer and employee data, the adoption of decentralised identity solutions
grows, particularly in sectors like banking, healthcare, and e-commerce, where
secure identity verification is critical to maintaining trust and operational
integrity.
According to a 2023 IBM
Security report, the average cost of a data breach was USD4.45 million
globally, with 52% of breaches involving stolen or compromised identities. In
2024, 75% of security professionals surveyed by Veridas reported an increase in
cyberattacks targeting centralized identity systems, driving 60% of
organizations to explore decentralised identity solutions.

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Key Market Challenges
Regulatory and Compliance
Uncertainty
One of the most pressing
challenges facing the decentralised identity market is the lack of a unified
global regulatory framework and the ongoing uncertainty surrounding compliance
obligations. Traditional identity management systems are typically governed by
well-established regulations at national and international levels. However, the
decentralised identity ecosystem, being relatively new and reliant on emerging
technologies like blockchain, operates in a largely unregulated or ambiguously
regulated environment.
This regulatory vacuum
presents risks for companies that are seeking to adopt decentralised identity
models at scale, as they must navigate a complex patchwork of data protection,
privacy, and identity verification laws. For example, the decentralised nature
of these solutions often leads to questions about data custodianship,
jurisdiction over cross-border identity data, and the legal validity of
self-issued credentials. Moreover, governments and industry regulators are
still evaluating the implications of decentralised identity on consumer
protection, fraud prevention, and national security.
As a result, enterprises
are hesitant to invest in or deploy decentralised identity solutions without
clarity on their long-term legal standing. This situation is particularly
critical in highly regulated sectors such as banking, healthcare, and public services,
where non-compliance can lead to significant penalties. Until a consistent
regulatory framework emerges and standards for decentralised identity are
globally harmonised, this uncertainty will continue to act as a barrier to
mainstream adoption.
Integration with Legacy
Systems
A major technical and
operational barrier to the growth of the decentralised identity market is the
difficulty of integrating decentralised identity frameworks with existing
legacy systems. Most organizations, particularly large enterprises and
government agencies, rely on centralised identity infrastructures that have
been developed over decades. These legacy systems are deeply embedded in
operational processes, regulatory compliance workflows, and third-party
integrations. Transitioning to a decentralised model requires not only
substantial technological overhauls but also reengineering of user
authentication processes, data storage protocols, and access management
frameworks.
The lack of standardised
application programming interfaces and middleware tools for interoperability
further complicates this integration. Moreover, decentralised identity models
often introduce novel identity concepts such as verifiable credentials, decentralised
identifiers, and cryptographic key management, which are foreign to traditional
IT infrastructures. Training staff, updating organizational policies, and
securing board-level approval for such transformative changes can be
time-consuming and resource-intensive.
In addition, there are
concerns over potential service disruptions, security vulnerabilities during
transition phases, and compatibility with industry-specific compliance
standards. Without a seamless and cost-effective path to integration, many
organizations view decentralised identity as a long-term goal rather than an
immediate solution. Addressing this challenge will require cross-industry
collaboration to develop robust interoperability standards and practical
deployment models that bridge the gap between existing identity architectures
and decentralised ecosystems.
Key Market Trends
Integration of Blockchain
Technology for Enhanced Trust and Transparency
The integration of
blockchain technology is becoming a dominant trend in the decentralised
identity market as organisations seek immutable, transparent, and secure
identity verification solutions. Blockchain provides a distributed ledger
system that ensures that identity data is not stored centrally, thereby
reducing the risk of data breaches. It allows users to maintain control over
their credentials while enabling verifiers to authenticate them without needing
access to sensitive personal information.
The growing demand for data
ownership, privacy compliance, and verifiable credentials is encouraging both
public and private sector entities to adopt blockchain-based identity systems.
Governments are exploring blockchain for digital identity frameworks to
streamline citizen services securely, while financial institutions are
leveraging it to meet regulatory requirements such as Know Your Customer and
Anti-Money Laundering, without compromising user privacy.
Startups and technology
companies are also accelerating innovation in this space. Many platforms now
offer decentralised identifiers anchored to blockchains, ensuring tamper-proof
and verifiable identity exchanges. Interoperability protocols are being developed
to facilitate cross-platform compatibility, which is crucial in building an
ecosystem of trust.
As blockchain technology
becomes more mature, scalable, and energy-efficient, its integration with
decentralised identity systems is expected to strengthen. The convergence of
decentralised identity with smart contracts and zero-knowledge proofs will further
enable privacy-preserving authentication and automation in sectors like
healthcare, logistics, and education.
Overall, blockchain’s role
as the foundational layer in decentralised identity is reinforcing trust among
users and organisations. This trend is set to become a key enabler for
privacy-first identity ecosystems, driving market adoption and shaping future
regulatory frameworks.
Rising Adoption of
Decentralised Identity Solutions in Financial Services
The financial services
industry is increasingly adopting decentralised identity solutions to address
stringent compliance requirements while improving operational efficiency and
customer experience. Traditional identity verification processes in the sector
are often cumbersome, costly, and vulnerable to fraud. Decentralised identity
provides a transformative solution by enabling self-sovereign identity
management, where users retain full control over their personal data and only
share what is necessary for verification.
Financial institutions are
recognising the potential of decentralised identity frameworks to streamline
Know Your Customer and onboarding procedures. Instead of repeating the
verification process across institutions, users can share verifiable credentials
that have already been authenticated, significantly reducing onboarding time
and operational costs. This also enhances customer experience, enabling faster
access to banking and investment services.
Moreover, decentralised
identity helps mitigate risks associated with identity theft and synthetic
fraud. By leveraging verifiable credentials and cryptographic security,
financial institutions can verify identities with higher confidence. This is
especially critical in an environment where digital channels are increasingly
used for transactions and service delivery.
Cross-border banking and
remittance services also benefit from decentralised identity systems, which
provide secure and standardised identity verification across jurisdictions.
Institutions are partnering with decentralised identity providers to create shared
trust frameworks and decentralised registries, which help ensure compliance
with international regulatory standards.
As regulators begin to
acknowledge the advantages of decentralised identity, financial institutions
are expected to accelerate their investments in this domain. Collaborative
efforts between regulators, banks, and technology vendors are fostering innovation
and shaping governance models to support decentralised trust. This trend
signifies a structural shift in how identity is managed in financial services,
propelling the decentralised identity market toward mainstream adoption.
Expansion of Decentralised
Identity Use Cases Across Government and Public Sector Initiatives
Governments worldwide are
exploring decentralised identity frameworks to enhance digital public services,
ensure citizen data privacy, and reduce administrative burdens. As traditional
centralised identity systems continue to face challenges such as data breaches
and inefficient user authentication, decentralised identity offers a robust
alternative that aligns with the growing demand for user-centric,
privacy-preserving solutions.
One of the most prominent
use cases is the development of digital identity wallets that allow citizens to
manage and present credentials issued by government authorities, such as
national ID cards, driver’s licences, or tax documentation. These credentials,
stored securely and verifiably, can be shared selectively with service
providers. This improves service accessibility, reduces identity fraud, and
simplifies document verification across sectors like healthcare, education, and
social welfare.
Decentralised identity
frameworks are also playing a vital role in enabling secure e-voting systems,
digital tax filings, and immigration processing. Governments are collaborating
with technology providers to build blockchain-based platforms that offer both
transparency and immutability, thereby boosting public trust in digital
services.
Furthermore, decentralised
identity is helping bridge the digital divide by providing secure
identification to underserved populations without access to traditional
identity systems. This can be particularly impactful in regions with limited
infrastructure or politically sensitive demographics.
Interoperability standards,
such as those developed by the World Wide Web Consortium and other global
alliances, are facilitating the integration of decentralised identity across
international borders. This is especially beneficial in cross-border travel,
trade, and diplomatic services, where identity verification remains a critical
component.
With pilot programs and
full-scale rollouts gaining momentum, the decentralised identity market is
experiencing rapid growth in the public sector. The shift toward identity
decentralisation not only improves service delivery efficiency but also fosters
citizen empowerment, laying the foundation for inclusive digital economies.
Segmental Insights
Identity Type Insights
In 2024, the biometrics
segment held the dominant position in the global decentralised identity market
and is expected to maintain its leadership throughout the forecast period. This
dominance can be attributed to the growing demand for secure and frictionless
identity verification solutions across sectors such as banking, financial
services, healthcare, and government. Biometric-based decentralised identity
systems, which leverage attributes like fingerprints, facial recognition, iris
scans, and voice patterns, offer a higher degree of security and accuracy
compared to traditional methods.
These systems reduce the
risks associated with identity theft, data breaches, and credential fraud by
anchoring digital identities to unique, non-replicable physical traits.
Furthermore, advancements in artificial intelligence and machine learning have
significantly improved biometric authentication technologies, making them
faster, more reliable, and suitable for decentralised frameworks. As
organisations continue to transition towards zero-trust architectures and
user-centric identity models, the use of biometric identity verification within
decentralised infrastructures ensures seamless authentication without
compromising privacy or control.
Additionally, regulatory
initiatives such as eIDAS in Europe and the growing implementation of Know Your
Customer and Anti-Money Laundering compliance across regions further promote
the adoption of biometric verification in decentralised ecosystems. Moreover,
the integration of biometrics with blockchain technology enhances the
immutability, transparency, and security of digital identity records, thereby
fostering trust among users and service providers. Industry players are also
investing in scalable biometric platforms that support interoperability across
devices, applications, and jurisdictions.
With increasing reliance on
remote onboarding and digital services, the biometrics segment is becoming
indispensable for ensuring trust and security in identity management. As a
result of these combined factors—technological advancements, regulatory support,
increased security needs, and rising digital transformation—the biometrics
segment is projected to continue dominating the global decentralised identity
market over the coming years.
Deployment Mode Insights
In 2024, the cloud-based
segment emerged as the dominant deployment mode in the global decentralised
identity market and is expected to maintain its dominance throughout the
forecast period. This trend is primarily driven by the growing demand for
scalable, flexible, and cost-effective identity management solutions across
various industries. Cloud-based decentralised identity platforms enable
organisations to efficiently manage digital identities with minimal
infrastructure investment while ensuring real-time accessibility and enhanced
system uptime.
The rise of remote
working, digital-first business models, and widespread adoption of cloud-native
applications has further accelerated the shift towards cloud deployment.
Cloud-based models offer seamless integration with blockchain and distributed
ledger technologies, which are fundamental to decentralised identity
frameworks, thereby enhancing the decentralisation, transparency, and security
of identity data. Additionally, leading service providers are offering
cloud-based identity solutions with robust data protection, encryption, and
compliance features to meet the growing regulatory requirements across regions
such as North America and Europe.
Enterprises across
sectors such as banking, financial services, retail, healthcare, and government
are prioritising the cloud due to its ability to rapidly deploy services,
reduce operational complexity, and support cross-border scalability.
Furthermore, cloud-based platforms support continuous innovation, allowing
vendors to frequently update features, improve security protocols, and
integrate artificial intelligence capabilities to enhance identity
verification. The growing reliance on digital wallets, decentralised finance
platforms, and online customer onboarding has also reinforced the need for
cloud-powered identity solutions that can handle high transaction volumes and
user authentication with minimal latency.
As the global digital
ecosystem continues to expand, cloud-based decentralised identity solutions are
becoming critical to ensuring secure access and user autonomy while maintaining
interoperability across various systems and jurisdictions. As a result of these
advantages, the cloud-based segment is expected to retain its leading position
in the global decentralised identity market during the forecast period.

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Regional Insights
Largest Region
In 2024, North America emerged as the dominant
region in the global decentralised identity market and is projected to maintain
its leading position throughout the forecast period. This regional dominance is
largely attributed to the presence of advanced digital infrastructure, a high
concentration of technology providers, and early adoption of blockchain and
distributed ledger technologies, which form the foundation of decentralised
identity solutions. The United States, in particular, has witnessed a significant
increase in investments toward privacy-focused identity frameworks driven by
the rise in data breaches, regulatory compliance requirements, and growing
consumer demand for digital identity ownership and control.
Leading technology firms and identity management
providers based in North America are actively developing and deploying
decentralised identity systems across sectors such as banking, financial
services, healthcare, government, and telecommunications. Furthermore,
regulatory initiatives such as the National Strategy for Trusted Identities in
Cyberspace (NSTIC) and evolving data privacy laws are fostering an environment
conducive to the growth of decentralised identity technologies.
The region’s strong ecosystem of digital
innovation, venture capital funding, and collaboration between public and
private entities has also played a key role in accelerating the implementation
of secure, self-sovereign identity solutions. Additionally, consumer awareness
of digital identity security, along with enterprise-level strategies to reduce
reliance on centralised identity providers, is driving widespread adoption.
The high penetration of cloud computing and mobile
technologies has further supported the integration of decentralised identity
frameworks into customer-facing applications, enhancing both user experience
and data security. With continued innovation, strategic partnerships, and a
proactive regulatory landscape, North America is expected to retain its
dominant position in the global decentralised identity market during the
forecast period, setting a precedent for other regions in the adoption of
decentralised digital identity systems.
Emerging Region
The Middle East and Africa region is emerging as a
key region in the decentralised identity market during the forecast period,
driven by foundational digital transformation efforts, increasing awareness of
data sovereignty, and rising investments in secure digital infrastructure.
Although this region currently holds a relatively smaller share compared to
more mature markets such as North America or Europe, its strategic push toward
digitisation and secure identity frameworks is setting the stage for robust future
adoption.
Countries such as the United Arab Emirates, Saudi
Arabia, South Africa, and Nigeria are taking proactive steps to establish
secure identity systems powered by blockchain and other decentralised
technologies. The government of the United Arab Emirates, for instance, has
introduced initiatives like the UAE Blockchain Strategy 2021, which aligns
directly with decentralised identity principles. Similarly, African nations are
increasingly recognising the potential of decentralised identity to bridge gaps
in access to formal identification, especially in rural and underserved areas
where traditional identity systems are lacking.
Financial inclusion efforts and mobile-first
digital economies in parts of sub-Saharan Africa are also accelerating the
interest in decentralised, self-sovereign identity models. Furthermore,
increasing partnerships between international technology companies and regional
governments are laying the groundwork for pilot projects and scalable
deployment of decentralised identity solutions. While the region still faces
challenges such as limited infrastructure, digital literacy gaps, and
regulatory uncertainties, the commitment to building resilient and secure
identity ecosystems is clear.
As digital identity becomes a prerequisite for
accessing banking, healthcare, and government services, the Middle East and
Africa region is expected to evolve rapidly from an early-stage adopter into a
significant contributor to the global decentralised identity market landscape.
This makes it an emerging region with high long-term potential and strategic
importance in the market’s global expansion.
Recent Development
- In November 2024, Arcana Network
introduced its Chain Abstraction Protocol, streamlining cross-chain identity
verification by enabling credentials issued on one blockchain to function
seamlessly across multiple networks. This advancement significantly reduces
operational friction, strengthens security, and enhances the overall usability
of decentralised identity solutions. By facilitating smoother interoperability
between blockchains, the innovation marks a pivotal step toward broader
adoption of decentralised identity technologies, addressing key challenges in
verification consistency, scalability, and user convenience across the
multi-chain ecosystem.
- In January 2025, Humanity
Protocol, a decentralized identity startup focused on palm-scan–based
verification, secured USD 20 million in funding at a valuation of USD 1.1
billion. The platform is designed to combat fraud and bot-related threats while
prioritizing user privacy. This funding round underscores the increasing
investor interest in biometric-backed identity solutions that offer secure and
privacy-preserving verification methods. Humanity Protocol’s innovation
reflects a broader shift toward decentralized identity models as demand rises
for fraud-resistant, privacy-focused digital authentication technologies.
- In March 2025, SingularityNET
collaborated with Privado ID to develop a decentralised Artificial Intelligence
Agent Trust Registry. This initiative integrates Decentralized Identifiers and
Verifiable Credentials to establish secure, verifiable, and accountable digital
identities for Artificial Intelligence agents. The registry represents a
significant advancement in machine-centric decentralised identity by enabling
transparent identity verification in autonomous systems. This partnership marks
a crucial step toward responsible Artificial Intelligence deployment, ensuring
trust and security in interactions involving decentralised digital agents
across various ecosystems.
- In February 2025, new identity
solutions emerged that effectively balance decentralisation with regulatory
compliance. These innovations integrate on-chain identity verification with
advanced privacy-preserving technologies such as zero-knowledge proofs and
embedded Know Your Customer functionalities. This combination enables secure,
verifiable digital identities while maintaining user privacy and adhering to
legal standards. By aligning decentralised frameworks with compliance
requirements, these solutions are driving broader adoption across industries,
paving the way for scalable, trusted identity infrastructures in both public
and private blockchain environments.
Key Market Players
- Microsoft Corporation
- IBM Corporation
- Accenture plc
- Okta, Inc.
- Ping Identity Holding
Corp.
- R3 LLC
- SecureKey Technologies
Inc.
- Evernym, Inc.
- Civic Technologies,
Inc.
- Dock Labs AG
|
By Identity Type
|
By Deployment Mode
|
By End-User
|
By Region
|
|
|
|
- Banking,
Financial Services, and Insurance
- Government
and Public Sector
- Healthcare
and Life Sciences
- Retail and
E-commerce
- Telecom and
IT
- Transportation
and Logistics
- Others
|
- North
America
- Europe
- South
America
- Middle East
& Africa
- Asia Pacific
|
Report Scope:
In this report, the Global Decentralised Identity
Market has been segmented into the following categories, in addition to the
industry trends which have also been detailed below:
- Decentralised Identity Market, By
Identity Type:
o Biometrics
o Non-Biometrics
- Decentralised Identity
Market, By Deployment Mode:
o On-Premise
o Cloud-Based
- Decentralised Identity Market, By
End-User:
o Banking, Financial Services, and Insurance
o Government and Public Sector
o Healthcare and Life Sciences
o Retail and E-commerce
o Telecom and IT
o Transportation and Logistics
o Others
- Decentralised Identity
Market, By Region:
o North America
§
United
States
§
Canada
§
Mexico
o Europe
§
Germany
§
France
§
United
Kingdom
§
Italy
§
Spain
o South America
§
Brazil
§
Argentina
§
Colombia
o Asia-Pacific
§
China
§
India
§
Japan
§
South
Korea
§
Australia
o Middle East & Africa
§
Saudi
Arabia
§
UAE
§
South
Africa
Competitive Landscape
Company Profiles: Detailed analysis of the major companies
present in the Global Decentralised Identity Market.
Available Customizations:
Global Decentralised Identity Market report
with the given market data, Tech Sci Research offers customizations according
to a company's specific needs. The following customization options are
available for the report:
Company Information
- Detailed analysis and
profiling of additional market players (up to five).
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