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Report Description

Report Description

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

  • Biometrics
  • Non-Biometrics
  • On-Premise
  • Cloud-Based
  • 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).

Global Decentralised Identity Market is an upcoming report to be released soon. If you wish an early delivery of this report or want to confirm the date of release, please contact us at [email protected]  

Table of content

Table of content

1.    Product Overview

1.1.  Market Definition

1.2.  Scope of the Market

1.2.1.    Markets Covered

1.2.2.    Years Considered for Study

1.2.3.    Key Market Segmentations

2.    Research Methodology

2.1.  Objective of the Study

2.2.  Baseline Methodology

2.3.  Key Industry Partners

2.4.  Major Association and Secondary Sources

2.5.  Forecasting Methodology

2.6.  Data Triangulation & Validation

2.7.  Assumptions and Limitations

3.    Executive Summary

3.1.  Overview of the Market

3.2.  Overview of Key Market Segmentations

3.3.  Overview of Key Market Players

3.4.  Overview of Key Regions/Countries

3.5.  Overview of Market Drivers, Challenges, and Trends

4.    Voice of Customer

5.    Global Decentralised Identity Market Outlook

5.1.  Market Size & Forecast

5.1.1.    By Value

5.2.   Market Share & Forecast

5.2.1.    By Identity Type (Biometrics, Non-Biometrics)

5.2.2.    By Deployment Mode (On-Premise, Cloud-Based)

5.2.3.     By End-User (Banking, Financial Services, and Insurance, Government and Public Sector, Healthcare and Life Sciences, Retail and E-commerce, Telecom and IT, Transportation and Logistics, Others)

5.2.4.    By Region (North America, Europe, South America, Middle East & Africa, Asia Pacific)

5.3.  By Company (2024)

5.4.  Market Map

6.    North America Decentralised Identity Market Outlook

6.1.  Market Size & Forecast

6.1.1.    By Value

6.2.  Market Share & Forecast

6.2.1.    By Identity Type

6.2.2.    By Deployment Mode

6.2.3.     By End-User

6.2.4.    By Country

6.3.  North America: Country Analysis

6.3.1.    United States Decentralised Identity Market Outlook

6.3.1.1.   Market Size & Forecast

6.3.1.1.1. By Value

6.3.1.2.   Market Share & Forecast

6.3.1.2.1. By Identity Type

6.3.1.2.2. By Deployment Mode

6.3.1.2.3.  By End-User

6.3.2.    Canada Decentralised Identity Market Outlook

6.3.2.1.   Market Size & Forecast

6.3.2.1.1. By Value

6.3.2.2.   Market Share & Forecast

6.3.2.2.1. By Identity Type

6.3.2.2.2. By Deployment Mode

6.3.2.2.3.  By End-User

6.3.3.    Mexico Decentralised Identity Market Outlook

6.3.3.1.   Market Size & Forecast

6.3.3.1.1. By Value

6.3.3.2.   Market Share & Forecast

6.3.3.2.1. By Identity Type

6.3.3.2.2. By Deployment Mode

6.3.3.2.3.  By End-User

7.    Europe Decentralised Identity Market Outlook

7.1.  Market Size & Forecast

7.1.1.    By Value

7.2.  Market Share & Forecast

7.2.1.    By Identity Type

7.2.2.    By Deployment Mode

7.2.3.     By End-User

7.2.4.    By Country

7.3.  Europe: Country Analysis

7.3.1.    Germany Decentralised Identity Market Outlook

7.3.1.1.   Market Size & Forecast

7.3.1.1.1. By Value

7.3.1.2.   Market Share & Forecast

7.3.1.2.1. By Identity Type

7.3.1.2.2. By Deployment Mode

7.3.1.2.3.  By End-User

7.3.2.    France Decentralised Identity Market Outlook

7.3.2.1.   Market Size & Forecast

7.3.2.1.1. By Value

7.3.2.2.   Market Share & Forecast

7.3.2.2.1. By Identity Type

7.3.2.2.2. By Deployment Mode

7.3.2.2.3.  By End-User

7.3.3.    United Kingdom Decentralised Identity Market Outlook

7.3.3.1.   Market Size & Forecast

7.3.3.1.1. By Value

7.3.3.2.   Market Share & Forecast

7.3.3.2.1. By Identity Type

7.3.3.2.2. By Deployment Mode

7.3.3.2.3.  By End-User

7.3.4.    Italy Decentralised Identity Market Outlook

7.3.4.1.   Market Size & Forecast

7.3.4.1.1. By Value

7.3.4.2.   Market Share & Forecast

7.3.4.2.1. By Identity Type

7.3.4.2.2. By Deployment Mode

7.3.4.2.3.  By End-User

7.3.5.    Spain Decentralised Identity Market Outlook

7.3.5.1.   Market Size & Forecast

7.3.5.1.1. By Value

7.3.5.2.   Market Share & Forecast

7.3.5.2.1. By Identity Type

7.3.5.2.2. By Deployment Mode

7.3.5.2.3.  By End-User

8.    Asia Pacific Decentralised Identity Market Outlook

8.1.  Market Size & Forecast

8.1.1.    By Value

8.2.  Market Share & Forecast

8.2.1.    By Identity Type

8.2.2.    By Deployment Mode

8.2.3.     By End-User

8.2.4.    By Country

8.3.  Asia Pacific: Country Analysis

8.3.1.    China Decentralised Identity Market Outlook

8.3.1.1.   Market Size & Forecast

8.3.1.1.1. By Value

8.3.1.2.   Market Share & Forecast

8.3.1.2.1. By Identity Type

8.3.1.2.2. By Deployment Mode

8.3.1.2.3.  By End-User

8.3.2.    India Decentralised Identity Market Outlook

8.3.2.1.   Market Size & Forecast

8.3.2.1.1. By Value

8.3.2.2.   Market Share & Forecast

8.3.2.2.1. By Identity Type

8.3.2.2.2. By Deployment Mode

8.3.2.2.3.  By End-User

8.3.3.    Japan Decentralised Identity Market Outlook

8.3.3.1.   Market Size & Forecast

8.3.3.1.1. By Value

8.3.3.2.   Market Share & Forecast

8.3.3.2.1. By Identity Type

8.3.3.2.2. By Deployment Mode

8.3.3.2.3.  By End-User

8.3.4.    South Korea Decentralised Identity Market Outlook

8.3.4.1.   Market Size & Forecast

8.3.4.1.1. By Value

8.3.4.2.   Market Share & Forecast

8.3.4.2.1. By Identity Type

8.3.4.2.2. By Deployment Mode

8.3.4.2.3.  By End-User

8.3.5.    Australia Decentralised Identity Market Outlook

8.3.5.1.   Market Size & Forecast

8.3.5.1.1. By Value

8.3.5.2.   Market Share & Forecast

8.3.5.2.1. By Identity Type

8.3.5.2.2. By Deployment Mode

8.3.5.2.3.  By End-User

9.    Middle East & Africa Decentralised Identity Market Outlook

9.1.  Market Size & Forecast

9.1.1.    By Value

9.2.  Market Share & Forecast

9.2.1.    By Identity Type

9.2.2.    By Deployment Mode

9.2.3.     By End-User

9.2.4.    By Country

9.3.  Middle East & Africa: Country Analysis

9.3.1.    Saudi Arabia Decentralised Identity Market Outlook

9.3.1.1.   Market Size & Forecast

9.3.1.1.1. By Value

9.3.1.2.   Market Share & Forecast

9.3.1.2.1. By Identity Type

9.3.1.2.2. By Deployment Mode

9.3.1.2.3.  By End-User

9.3.2.    UAE Decentralised Identity Market Outlook

9.3.2.1.   Market Size & Forecast

9.3.2.1.1. By Value

9.3.2.2.   Market Share & Forecast

9.3.2.2.1. By Identity Type

9.3.2.2.2. By Deployment Mode

9.3.2.2.3.  By End-User

9.3.3.    South Africa Decentralised Identity Market Outlook

9.3.3.1.   Market Size & Forecast

9.3.3.1.1. By Value

9.3.3.2.   Market Share & Forecast

9.3.3.2.1. By Identity Type

9.3.3.2.2. By Deployment Mode

9.3.3.2.3.  By End-User

10. South America Decentralised Identity Market Outlook

10.1.     Market Size & Forecast

10.1.1. By Value

10.2.     Market Share & Forecast

10.2.1. By Identity Type

10.2.2. By Deployment Mode

10.2.3.  By End-User

10.2.4. By Country

10.3.     South America: Country Analysis

10.3.1. Brazil Decentralised Identity Market Outlook

10.3.1.1.  Market Size & Forecast

10.3.1.1.1.  By Value

10.3.1.2.  Market Share & Forecast

10.3.1.2.1.  By Identity Type

10.3.1.2.2.  By Deployment Mode

10.3.1.2.3.   By End-User

10.3.2. Colombia Decentralised Identity Market Outlook

10.3.2.1.  Market Size & Forecast

10.3.2.1.1.  By Value

10.3.2.2.  Market Share & Forecast

10.3.2.2.1.  By Identity Type

10.3.2.2.2.  By Deployment Mode

10.3.2.2.3.   By End-User

10.3.3. Argentina Decentralised Identity Market Outlook

10.3.3.1.  Market Size & Forecast

10.3.3.1.1.  By Value

10.3.3.2.  Market Share & Forecast

10.3.3.2.1.  By Identity Type

10.3.3.2.2.  By Deployment Mode

10.3.3.2.3.   By End-User

11.  Market Dynamics

11.1.     Drivers

11.2.     Challenges

12. Market Trends and Developments

12.1.     Merger & Acquisition (If Any)

12.2.     Product Launches (If Any)

12.3.     Recent Developments

13. Company Profiles

13.1.    Microsoft Corporation

13.1.1. Business Overview

13.1.2. Key Revenue and Financials 

13.1.3. Recent Developments

13.1.4. Key Personnel

13.1.5. Key Product/Services Offered

13.2.    IBM Corporation

13.3.    Accenture plc

13.4.    Okta, Inc.

13.5.    Ping Identity Holding Corp.

13.6.    R3 LLC

13.7.    SecureKey Technologies Inc.

13.8.    Evernym, Inc.

13.9.    Civic Technologies, Inc.

13.10.  Dock Labs AG

14. Strategic Recommendations

15. About Us & Disclaimer

Figures and Tables

Frequently asked questions

Frequently asked questions

The market size of the Global Decentralised Identity Market was USD 2.39 billion in 2024.

On-Premise is the fastest growing segment in the Global Decentralised Identity Market by Deployment Mode. This growth is driven by increasing demand for enhanced control, data sovereignty, and compliance with internal security policies.

The Global Decentralised Identity Market faces challenges such as lack of standardized protocols and interoperability across platforms. Additionally, regulatory uncertainties and concerns over user data governance hinder widespread adoption

The major drivers for the Global Decentralised Identity Market include rising concerns over data privacy and the growing need for secure, user-controlled identity solutions. Additionally, increased adoption of blockchain technology is accelerating demand for decentralised identity systems.

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