The Europe Blockchain Identity Management Market would witness market growth of 79.2% CAGR during the forecast period (2023-2030).
For many participants in the blockchain network, a blockchain creates a single, shared intermediary for transaction, information, and flow monitoring. Each member of the network has access to the entire ledger, which contains all the information about transactions and goods movements. In the digital ledger, anyone who tries to alter the data or commit fraud is merely exploiting their own ledger and will be put out of sync. The ledgers & transactions on the blockchain are also encrypted. In addition, each new transaction in the ledger generates a new block that is connected to the blocks that came before it. As a result, altering the newly formed blocks is impossible. Additionally, the blockchain does away with the validation of the real data and instead enables the direct validation of the proof through official channels. Therefore, a proof's authentication relies on the verifier's assessment of the attestor's credibility.
Self-sovereign identification, which enables people to manage their identities and personal data while depending on a centralized authority, is a capability that blockchain can enable. This might be especially helpful when consumers are utilizing services from many suppliers. System-wide security can be improved, and attacks can be avoided with the help of blockchain identity management. By keeping identification information in a decentralized, irreversible ledger, blockchain technology lowers the risk of data breaches and unauthorized access. The information is cryptographically secured, which raises the process's overall security and dependability. People have greater control of their private data due to identity management based on the blockchain. Users can decide when to reveal specific attributes, maintaining their privacy and controlling consent.
Blockchain is strongly backed by the European Commission regarding finance, policy, and legal and regulatory frameworks. Building a pan-European public services blockchain, boosting funding for research & innovation, encouraging blockchain for sustainability, promoting legal certainty, bolstering interoperability and standards, advancing the development of blockchain skills, and interacting with the community are some of its blockchain strategy's most important components.
The EU offers grants along with investments to fund blockchain research & innovation. Through the Horizon program, grants are awarded. Through Horizon 2020, the Commission awarded funds totaling over €180 million between 2016 and 2019. The Horizon Europe follow-up program will have a sizable budget for further grants. The recently established artificial intelligence (AI) and blockchain investment fund, which invests in venture capital funds focusing on AI and blockchain companies and early-stage initiatives, is one way that the Commission promotes investment in blockchain startups and projects. According to estimates, the market in Europe will increase because of the increasing use of this technology.
The Germany market dominated the Europe Blockchain Identity Management Market by Country in 2022, and would continue to be a dominant market till 2030; thereby, achieving a market value of $5,091.9 million by 2030. The UK market is showcasing a CAGR of 77.7% during (2023 - 2030). Additionally, The France market would register a CAGR of 80.5% during (2023 - 2030).
Based on Offering, the market is segmented into Software, and Services. Based on Provider Type, the market is segmented into Application Provider, Middleware Provider, and Infrastructure Provider. Based on Organization Size, the market is segmented into Large Enterprises, and Small & Medium Enterprises. Based on Network, the market is segmented into Permissioned, and Permissionless. Based on Vertical, the market is segmented into BFSI, Government, Healthcare, Automotive & Transportation, Telecom & IT, Retail & Ecommerce, Real Estate & Construction, Media & Entertainment, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Worldwide Blockchain Identity Management Market is Projected to reach USD 77.3 Billion by 2030, at a CAGR of 79.6%
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Microsoft Corporation, IBM Corporation, Oracle Corporation, Amazon Web Services, Inc. (Amazon.com, Inc.), NEC Corporation, Bitfury Group limited, TRM Labs, Inc., Hu-manity.co, Peer Ledger, Inc., and Procivis AG.
Scope of the Study
Market Segments Covered in the Report:
By Offering
By Provider Type
- Application Provider
- Middleware Provider
- Infrastructure Provider
By Organization Size
- Large Enterprises
- Small & Medium Enterprises
By Network
- Permissioned
- Permissionless
By Vertical
- BFSI
- Government
- Healthcare
- Automotive & Transportation
- Telecom & IT
- Retail & Ecommerce
- Real Estate & Construction
- Media & Entertainment
- Others
By Country
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
Key Market Players
List of Companies Profiled in the Report:
- Microsoft Corporation
- IBM Corporation
- Oracle Corporation
- Amazon Web Services, Inc. (Amazon.com, Inc.)
- NEC Corporation
- Bitfury Group limited
- TRM Labs, Inc.
- Hu-manity.co
- Peer Ledger, Inc.
- Procivis AG
TABLE 1 Europe Blockchain Identity Management Market, 2019 - 2022, USD Million
TABLE 2 Europe Blockchain Identity Management Market, 2023 - 2030, USD Million
TABLE 3 Europe Blockchain Identity Management Market by Offering, 2019 - 2022, USD Million
TABLE 4 Europe Blockchain Identity Management Market by Offering, 2023 - 2030, USD Million
TABLE 5 Europe Software Market by Country, 2019 - 2022, USD Million
TABLE 6 Europe Software Market by Country, 2023 - 2030, USD Million
TABLE 7 Europe Services Market by Country, 2019 - 2022, USD Million
TABLE 8 Europe Services Market by Country, 2023 - 2030, USD Million
TABLE 9 Europe Blockchain Identity Management Market by Provider Type, 2019 - 2022, USD Million
TABLE 10 Europe Blockchain Identity Management Market by Provider Type, 2023 - 2030, USD Million
TABLE 11 Europe Application Provider Market by Country, 2019 - 2022, USD Million
TABLE 12 Europe Application Provider Market by Country, 2023 - 2030, USD Million
TABLE 13 Europe Middleware Provider Market by Country, 2019 - 2022, USD Million
TABLE 14 Europe Middleware Provider Market by Country, 2023 - 2030, USD Million
TABLE 15 Europe Infrastructure Provider Market by Country, 2019 - 2022, USD Million
TABLE 16 Europe Infrastructure Provider Market by Country, 2023 - 2030, USD Million
TABLE 17 Europe Blockchain Identity Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 18 Europe Blockchain Identity Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 19 Europe Large Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 20 Europe Large Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 21 Europe Small & Medium Enterprises Market by Country, 2019 - 2022, USD Million
TABLE 22 Europe Small & Medium Enterprises Market by Country, 2023 - 2030, USD Million
TABLE 23 Europe Blockchain Identity Management Market by Network, 2019 - 2022, USD Million
TABLE 24 Europe Blockchain Identity Management Market by Network, 2023 - 2030, USD Million
TABLE 25 Europe Permissioned Market by Country, 2019 - 2022, USD Million
TABLE 26 Europe Permissioned Market by Country, 2023 - 2030, USD Million
TABLE 27 Europe Permissionless Market by Country, 2019 - 2022, USD Million
TABLE 28 Europe Permissionless Market by Country, 2023 - 2030, USD Million
TABLE 29 Europe Blockchain Identity Management Market by Vertical, 2019 - 2022, USD Million
TABLE 30 Europe Blockchain Identity Management Market by Vertical, 2023 - 2030, USD Million
TABLE 31 Europe BFSI Market by Country, 2019 - 2022, USD Million
TABLE 32 Europe BFSI Market by Country, 2023 - 2030, USD Million
TABLE 33 Europe Government Market by Country, 2019 - 2022, USD Million
TABLE 34 Europe Government Market by Country, 2023 - 2030, USD Million
TABLE 35 Europe Healthcare Market by Country, 2019 - 2022, USD Million
TABLE 36 Europe Healthcare Market by Country, 2023 - 2030, USD Million
TABLE 37 Europe Automotive & Transportation Market by Country, 2019 - 2022, USD Million
TABLE 38 Europe Automotive & Transportation Market by Country, 2023 - 2030, USD Million
TABLE 39 Europe Telecom & IT Market by Country, 2019 - 2022, USD Million
TABLE 40 Europe Telecom & IT Market by Country, 2023 - 2030, USD Million
TABLE 41 Europe Retail & Ecommerce Market by Country, 2019 - 2022, USD Million
TABLE 42 Europe Retail & Ecommerce Market by Country, 2023 - 2030, USD Million
TABLE 43 Europe Real Estate & Construction Market by Country, 2019 - 2022, USD Million
TABLE 44 Europe Real Estate & Construction Market by Country, 2023 - 2030, USD Million
TABLE 45 Europe Media & Entertainment Market by Country, 2019 - 2022, USD Million
TABLE 46 Europe Media & Entertainment Market by Country, 2023 - 2030, USD Million
TABLE 47 Europe Others Market by Country, 2019 - 2022, USD Million
TABLE 48 Europe Others Market by Country, 2023 - 2030, USD Million
TABLE 49 Europe Blockchain Identity Management Market by Country, 2019 - 2022, USD Million
TABLE 50 Europe Blockchain Identity Management Market by Country, 2023 - 2030, USD Million
TABLE 51 Germany Blockchain Identity Management Market, 2019 - 2022, USD Million
TABLE 52 Germany Blockchain Identity Management Market, 2023 - 2030, USD Million
TABLE 53 Germany Blockchain Identity Management Market by Offering, 2019 - 2022, USD Million
TABLE 54 Germany Blockchain Identity Management Market by Offering, 2023 - 2030, USD Million
TABLE 55 Germany Blockchain Identity Management Market by Provider Type, 2019 - 2022, USD Million
TABLE 56 Germany Blockchain Identity Management Market by Provider Type, 2023 - 2030, USD Million
TABLE 57 Germany Blockchain Identity Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 58 Germany Blockchain Identity Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 59 Germany Blockchain Identity Management Market by Network, 2019 - 2022, USD Million
TABLE 60 Germany Blockchain Identity Management Market by Network, 2023 - 2030, USD Million
TABLE 61 Germany Blockchain Identity Management Market by Vertical, 2019 - 2022, USD Million
TABLE 62 Germany Blockchain Identity Management Market by Vertical, 2023 - 2030, USD Million
TABLE 63 UK Blockchain Identity Management Market, 2019 - 2022, USD Million
TABLE 64 UK Blockchain Identity Management Market, 2023 - 2030, USD Million
TABLE 65 UK Blockchain Identity Management Market by Offering, 2019 - 2022, USD Million
TABLE 66 UK Blockchain Identity Management Market by Offering, 2023 - 2030, USD Million
TABLE 67 UK Blockchain Identity Management Market by Provider Type, 2019 - 2022, USD Million
TABLE 68 UK Blockchain Identity Management Market by Provider Type, 2023 - 2030, USD Million
TABLE 69 UK Blockchain Identity Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 70 UK Blockchain Identity Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 71 UK Blockchain Identity Management Market by Network, 2019 - 2022, USD Million
TABLE 72 UK Blockchain Identity Management Market by Network, 2023 - 2030, USD Million
TABLE 73 UK Blockchain Identity Management Market by Vertical, 2019 - 2022, USD Million
TABLE 74 UK Blockchain Identity Management Market by Vertical, 2023 - 2030, USD Million
TABLE 75 France Blockchain Identity Management Market, 2019 - 2022, USD Million
TABLE 76 France Blockchain Identity Management Market, 2023 - 2030, USD Million
TABLE 77 France Blockchain Identity Management Market by Offering, 2019 - 2022, USD Million
TABLE 78 France Blockchain Identity Management Market by Offering, 2023 - 2030, USD Million
TABLE 79 France Blockchain Identity Management Market by Provider Type, 2019 - 2022, USD Million
TABLE 80 France Blockchain Identity Management Market by Provider Type, 2023 - 2030, USD Million
TABLE 81 France Blockchain Identity Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 82 France Blockchain Identity Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 83 France Blockchain Identity Management Market by Network, 2019 - 2022, USD Million
TABLE 84 France Blockchain Identity Management Market by Network, 2023 - 2030, USD Million
TABLE 85 France Blockchain Identity Management Market by Vertical, 2019 - 2022, USD Million
TABLE 86 France Blockchain Identity Management Market by Vertical, 2023 - 2030, USD Million
TABLE 87 Russia Blockchain Identity Management Market, 2019 - 2022, USD Million
TABLE 88 Russia Blockchain Identity Management Market, 2023 - 2030, USD Million
TABLE 89 Russia Blockchain Identity Management Market by Offering, 2019 - 2022, USD Million
TABLE 90 Russia Blockchain Identity Management Market by Offering, 2023 - 2030, USD Million
TABLE 91 Russia Blockchain Identity Management Market by Provider Type, 2019 - 2022, USD Million
TABLE 92 Russia Blockchain Identity Management Market by Provider Type, 2023 - 2030, USD Million
TABLE 93 Russia Blockchain Identity Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 94 Russia Blockchain Identity Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 95 Russia Blockchain Identity Management Market by Network, 2019 - 2022, USD Million
TABLE 96 Russia Blockchain Identity Management Market by Network, 2023 - 2030, USD Million
TABLE 97 Russia Blockchain Identity Management Market by Vertical, 2019 - 2022, USD Million
TABLE 98 Russia Blockchain Identity Management Market by Vertical, 2023 - 2030, USD Million
TABLE 99 Spain Blockchain Identity Management Market, 2019 - 2022, USD Million
TABLE 100 Spain Blockchain Identity Management Market, 2023 - 2030, USD Million
TABLE 101 Spain Blockchain Identity Management Market by Offering, 2019 - 2022, USD Million
TABLE 102 Spain Blockchain Identity Management Market by Offering, 2023 - 2030, USD Million
TABLE 103 Spain Blockchain Identity Management Market by Provider Type, 2019 - 2022, USD Million
TABLE 104 Spain Blockchain Identity Management Market by Provider Type, 2023 - 2030, USD Million
TABLE 105 Spain Blockchain Identity Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 106 Spain Blockchain Identity Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 107 Spain Blockchain Identity Management Market by Network, 2019 - 2022, USD Million
TABLE 108 Spain Blockchain Identity Management Market by Network, 2023 - 2030, USD Million
TABLE 109 Spain Blockchain Identity Management Market by Vertical, 2019 - 2022, USD Million
TABLE 110 Spain Blockchain Identity Management Market by Vertical, 2023 - 2030, USD Million
TABLE 111 Italy Blockchain Identity Management Market, 2019 - 2022, USD Million
TABLE 112 Italy Blockchain Identity Management Market, 2023 - 2030, USD Million
TABLE 113 Italy Blockchain Identity Management Market by Offering, 2019 - 2022, USD Million
TABLE 114 Italy Blockchain Identity Management Market by Offering, 2023 - 2030, USD Million
TABLE 115 Italy Blockchain Identity Management Market by Provider Type, 2019 - 2022, USD Million
TABLE 116 Italy Blockchain Identity Management Market by Provider Type, 2023 - 2030, USD Million
TABLE 117 Italy Blockchain Identity Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 118 Italy Blockchain Identity Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 119 Italy Blockchain Identity Management Market by Network, 2019 - 2022, USD Million
TABLE 120 Italy Blockchain Identity Management Market by Network, 2023 - 2030, USD Million
TABLE 121 Italy Blockchain Identity Management Market by Vertical, 2019 - 2022, USD Million
TABLE 122 Italy Blockchain Identity Management Market by Vertical, 2023 - 2030, USD Million
TABLE 123 Rest of Europe Blockchain Identity Management Market, 2019 - 2022, USD Million
TABLE 124 Rest of Europe Blockchain Identity Management Market, 2023 - 2030, USD Million
TABLE 125 Rest of Europe Blockchain Identity Management Market by Offering, 2019 - 2022, USD Million
TABLE 126 Rest of Europe Blockchain Identity Management Market by Offering, 2023 - 2030, USD Million
TABLE 127 Rest of Europe Blockchain Identity Management Market by Provider Type, 2019 - 2022, USD Million
TABLE 128 Rest of Europe Blockchain Identity Management Market by Provider Type, 2023 - 2030, USD Million
TABLE 129 Rest of Europe Blockchain Identity Management Market by Organization Size, 2019 - 2022, USD Million
TABLE 130 Rest of Europe Blockchain Identity Management Market by Organization Size, 2023 - 2030, USD Million
TABLE 131 Rest of Europe Blockchain Identity Management Market by Network, 2019 - 2022, USD Million
TABLE 132 Rest of Europe Blockchain Identity Management Market by Network, 2023 - 2030, USD Million
TABLE 133 Rest of Europe Blockchain Identity Management Market by Vertical, 2019 - 2022, USD Million
TABLE 134 Rest of Europe Blockchain Identity Management Market by Vertical, 2023 - 2030, USD Million
TABLE 135 key information – Microsoft Corporation
TABLE 136 Key information – IBM Corporation
TABLE 137 Key Information – Oracle Corporation
TABLE 138 Key Information – Amazon Web Services, Inc.
TABLE 139 KEY INFORMATION – NEC Corporation
TABLE 140 Key Information – bitfury group limited
TABLE 141 Key Information – Trm labs, Inc.
TABLE 142 Key Information – Hu-manity Rights, Inc.
TABLE 143 Key Information – Peer LEDGER, inc.
TABLE 144 Key Information – procivis ag
List of Figures
FIG 1 Methodology for the research
FIG 2 Europe Blockchain Identity Management Market, 2019 - 2030, USD Million
FIG 3 Key Impacting Factors blockchain identity management market
FIG 4 Market Share Analysis, 2022
FIG 5 Porter’s Five Forces Analysis - Blockchain Identity Management Market
FIG 6 Europe Blockchain Identity Management Market share by Offering, 2022
FIG 7 Europe Blockchain Identity Management Market share by Offering, 2030
FIG 8 Europe Blockchain Identity Management Market by Offering, 2019 - 2030, USD Million
FIG 9 Europe Blockchain Identity Management Market share by Provider Type, 2022
FIG 10 Europe Blockchain Identity Management Market share by Provider Type, 2030
FIG 11 Europe Blockchain Identity Management Market by Provider Type, 2019 - 2030, USD Million
FIG 12 Europe Blockchain Identity Management Market share by Organization Size, 2022
FIG 13 Europe Blockchain Identity Management Market share by Organization Size, 2030
FIG 14 Europe Blockchain Identity Management Market by Organization Size, 2019 - 2030, USD Million
FIG 15 Europe Blockchain Identity Management Market share by Network, 2022
FIG 16 Europe Blockchain Identity Management Market share by Network, 2030
FIG 17 Europe Blockchain Identity Management Market by Network, 2019 - 2030, USD Million
FIG 18 Europe Blockchain Identity Management Market share by Vertical, 2022
FIG 19 Europe Blockchain Identity Management Market share by Vertical, 2030
FIG 20 Europe Blockchain Identity Management Market by Vertical, 2019 - 2030, USD Million
FIG 21 Europe Blockchain Identity Management Market share by Country, 2022
FIG 22 Europe Blockchain Identity Management Market share by Country, 2030
FIG 23 Europe Blockchain Identity Management Market by Country, 2019 - 2030, USD Million
FIG 24 SWOT Analysis: Microsoft Corporation
FIG 25 Swot Analysis: IBM Corporation
FIG 26 SWOT Analysis: Oracle Corporation
FIG 27 SWOT analysis: Amazon Web Services, Inc.
FIG 28 SWOT Analysis: NEC Corporation
FIG 29 SWOT Analysis: Bitfury Group limited
FIG 30 SWOT Analysis: TRM Labs, Inc.
FIG 31 SWOT Analysis: Hu-manity Rights, Inc.
FIG 32 SWOT Analysis: Procivis AG