Europe Decentralized Identity Market Size, Share & Industry Trends Analysis Report By Identity Type (Non- biometrics and Biometrics), By Vertical, By Organization size, By End user (Enterprises and Individual), By Country and Growth Forecast, 2022 - 2028

The Europe Decentralized Identity Market would witness market growth of 77.8% CAGR during the forecast period (2022-2028).

By their very nature, blockchain-based transactions are visible and transparent; however access and visibility could be restricted. Land registries, realtors overseeing property listings, insurance firms, banks, and a variety of other businesses can all be linked to decentralized identities. Decentralized identities allow constructing an edge solution with transparent, verifiable procedures in a trustless environment on a personal, company, or government level without losing privacy or the security of critical information. Several real estate processes are still performed on paper, which can be costly and lead to more manual errors.

In a system where customers consent to exchanging credentials, requesting only the essential credentials for individuals to establish their identities creates a new level of confidence and transparency between organizations and individuals. With developers, decentralized identity removes the requirement for passwords and complex authentication methods, allowing for higher app design standards.

Governments across this region understand the importance of adopting latest technologies and protecting users from any kind of data breaches. The ability to develop trust, particularly online, has become increasingly vital in this digital age. The foundation of future economies would be having an agreed-upon digital identity that can be used easily and universally. A trust framework is a set of agreed-upon rules and standards that organizations must adhere to. If a company is a member of the digital identity trust framework, customers can rest assured that they adhere to agreed-upon standards to secure personal data and privacy.

The UK digital identity and attributes trust framework lays out standards so that businesses may understand what constitutes "excellent" identity verification. Every business in the trust framework can ensure that they operate in a similar, trustworthy manner by adhering to these rules and criteria. This means that if visitors create a digital identity in the future, they may be able to use it in a variety of situations, for example, if users created a digital identity to open a bank account safely, they may be able to use it to find a new job faster or rent a home without forced to share all of their personal identity data with the landlord or estate agent.

The Germany market dominated the Europe Decentralized Identity Market by Country in 2021, and would continue to be a dominant market till 2028; thereby, achieving a market value of $580.4 million by 2028. The UK market is experiencing a CAGR of 76.3% during (2022 - 2028). Additionally, The France market would exhibit a CAGR of 79.1% during (2022 - 2028).

Based on Identity Type, the market is segmented into Non- biometrics and Biometrics. Based on Vertical, the market is segmented into BFSI, Telecom & IT, Real Estate, Retail & Ecommerce, Government & Public Sector, Healthcare & Life Sciences, Media & Entertainment, Transport & Logistics, Travel & Hospitality, and Others. Based on Organization size, the market is segmented into Large Enterprises and SMEs. Based on End user, the market is segmented into Enterprises and Individual. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.

Free Valuable Insights: The Global Decentralized Identity Market will Hit $8.9 Billion by 2028, at a CAGR of 78.5%

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Accenture PLC, Microsoft Corporation, Ping Identity Holding Corp. (Vista Equity Partners), Avast Software s.r.o., Wipro Limited, Persistent Systems Limited, Civic Technologies, Inc., Nuggets Ltd., R3 LLC, and Validated ID, SL.

Scope of the Study

Market Segments Covered in the Report:

By Identity Type

• Non- biometrics
• Biometrics

By Vertical

• BFSI
• Telecom & IT
• Real Estate
• Retail & Ecommerce
• Government & Public Sector
• Healthcare & Life Sciences
• Media & Entertainment
• Transport & Logistics
• Travel & Hospitality
• Others

By Organization size

• Large Enterprises
• SMEs

By End user

• Enterprises
• Individual

By Country

• Germany
• UK
• France
• Russia
• Spain
• Italy
• Rest of Europe

Key Market Players

List of Companies Profiled in the Report:

• Accenture PLC
• Microsoft Corporation
• Ping Identity Holding Corp. (Vista Equity Partners)
• Avast Software s.r.o.
• Wipro Limited
• Persistent Systems Limited
• Civic Technologies, Inc.
• Nuggets Ltd
• R3 LLC
• Validated ID, SL

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Europe Decentralized Identity Market, by Identity Type
1.4.2 Europe Decentralized Identity Market, by Vertical
1.4.3 Europe Decentralized Identity Market, by Organization size
1.4.4 Europe Decentralized Identity Market, by End user
1.4.5 Europe Decentralized Identity Market, by Country
1.5 Methodology for the research

Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints

Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)

Chapter 4. Europe Decentralized Identity Market by Identity Type
4.1 Europe Non- biometrics Market by Country
4.2 Europe Biometrics Market by Country

Chapter 5. Europe Decentralized Identity Market by Vertical
5.1 Europe BFSI Market by Country
5.2 Europe Telecom & IT Market by Country
5.3 Europe Real Estate Market by Country
5.4 Europe Retail & Ecommerce Market by Country
5.5 Europe Government & Public Sector Market by Country
5.6 Europe Healthcare & Life Sciences Market by Country
5.7 Europe Media & Entertainment Market by Country
5.8 Europe Transport & Logistics Market by Country
5.9 Europe Travel & Hospitality Market by Country
5.1 Europe Other Vertical Market by Country

Chapter 6. Europe Decentralized Identity Market by Organization size
6.1 Europe Large Enterprises Market by Country
6.2 Europe SMEs Market by Country

Chapter 7. Europe Decentralized Identity Market by End user
7.1 Europe Enterprises Market by Country
7.2 Europe Individual Market by Country

Chapter 8. Europe Decentralized Identity Market by Country
8.1 Germany Decentralized Identity Market
8.1.1 Germany Decentralized Identity Market by Identity Type
8.1.2 Germany Decentralized Identity Market by Vertical
8.1.3 Germany Decentralized Identity Market by Organization size
8.1.4 Germany Decentralized Identity Market by End user
8.2 UK Decentralized Identity Market
8.2.1 UK Decentralized Identity Market by Identity Type
8.2.2 UK Decentralized Identity Market by Vertical
8.2.3 UK Decentralized Identity Market by Organization size
8.2.4 UK Decentralized Identity Market by End user
8.3 France Decentralized Identity Market
8.3.1 France Decentralized Identity Market by Identity Type
8.3.2 France Decentralized Identity Market by Vertical
8.3.3 France Decentralized Identity Market by Organization size
8.3.4 France Decentralized Identity Market by End user
8.4 Russia Decentralized Identity Market
8.4.1 Russia Decentralized Identity Market by Identity Type
8.4.2 Russia Decentralized Identity Market by Vertical
8.4.3 Russia Decentralized Identity Market by Organization size
8.4.4 Russia Decentralized Identity Market by End user
8.5 Spain Decentralized Identity Market
8.5.1 Spain Decentralized Identity Market by Identity Type
8.5.2 Spain Decentralized Identity Market by Vertical
8.5.3 Spain Decentralized Identity Market by Organization size
8.5.4 Spain Decentralized Identity Market by End user
8.6 Italy Decentralized Identity Market
8.6.1 Italy Decentralized Identity Market by Identity Type
8.6.2 Italy Decentralized Identity Market by Vertical
8.6.3 Italy Decentralized Identity Market by Organization size
8.6.4 Italy Decentralized Identity Market by End user
8.7 Rest of Europe Decentralized Identity Market
8.7.1 Rest of Europe Decentralized Identity Market by Identity Type
8.7.2 Rest of Europe Decentralized Identity Market by Vertical
8.7.3 Rest of Europe Decentralized Identity Market by Organization size
8.7.4 Rest of Europe Decentralized Identity Market by End user

Chapter 9. Company Profiles
9.1 Accenture PLC
9.1.1 Company Overview
9.1.2 Financial Analysis
9.1.3 Segmental and Regional Analysis
9.1.4 Research & Development Expenses
9.1.5 SWOT Analysis
9.2 Microsoft Corporation
9.2.1 Company Overview
9.2.2 Financial Analysis
9.2.3 Segmental and Regional Analysis
9.2.4 Research & Development Expenses
9.2.5 Recent strategies and developments:
9.2.5.1 Partnerships, Collaborations, and Agreements:
9.2.5.2 Product Launches and Product Expansions:
9.2.6 SWOT Analysis
9.3 Ping Identity Holding Corp. (Vista Equity Partners)
9.3.1 Company Overview
9.3.2 Financial Analysis
9.3.3 Regional Analysis
9.3.4 Research & Development Expenses
9.3.5 Recent strategies and developments:
9.3.5.1 Acquisitions and Mergers:
9.4 Avast Software s.r.o.
9.4.1 Company Overview
9.4.2 Financial Analysis
9.4.3 Segmental and Regional Analysis
9.4.4 Research & Development Expenses
9.4.5 Recent strategies and developments:
9.4.5.1 Acquisition and Mergers:
9.5 Wipro Limited
9.5.1 Company Overview
9.5.2 Financial Analysis
9.5.3 Segmental and Regional Analysis
9.5.4 Research & Development Expenses
9.6 Persistent Systems Limited
9.6.1 Company Overview
9.6.2 Financial Analysis
9.6.3 Segmental and Regional Analysis
9.6.4 Research & Development Expenses
9.7 Civic Technologies, Inc.
9.7.1 Company Overview
9.7.2 Recent strategies and developments:
9.7.2.1 Partnerships, Collaborations, and Agreements:
9.7.2.2 Product Launches and Product Expansions:
9.8 Nuggets Ltd
9.8.1 Company Overview
9.8.2 Recent strategies and developments:
9.8.2.1 Partnerships, Collaborations, and Agreements:
9.9 R3 LLC
9.9.1 Company Overview
9.9.2 Recent strategies and developments:
9.9.2.1 Partnerships, Collaborations, and Agreements:
9.10. Validated ID, SL
9.10.1 Company Overview

TABLE 1 Europe Decentralized Identity Market, 2018 - 2021, USD Million
TABLE 2 Europe Decentralized Identity Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements– Decentralized Identity Market
TABLE 4 Product Launches And Product Expansions– Decentralized Identity Market
TABLE 5 Acquisition and Mergers– Decentralized Identity Market
TABLE 6 Europe Decentralized Identity Market by Identity Type, 2018 - 2021, USD Million
TABLE 7 Europe Decentralized Identity Market by Identity Type, 2022 - 2028, USD Million
TABLE 8 Europe Non- biometrics Market by Country, 2018 - 2021, USD Million
TABLE 9 Europe Non- biometrics Market by Country, 2022 - 2028, USD Million
TABLE 10 Europe Biometrics Market by Country, 2018 - 2021, USD Million
TABLE 11 Europe Biometrics Market by Country, 2022 - 2028, USD Million
TABLE 12 Europe Decentralized Identity Market by Vertical, 2018 - 2021, USD Million
TABLE 13 Europe Decentralized Identity Market by Vertical, 2022 - 2028, USD Million
TABLE 14 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 15 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 16 Europe Telecom & IT Market by Country, 2018 - 2021, USD Million
TABLE 17 Europe Telecom & IT Market by Country, 2022 - 2028, USD Million
TABLE 18 Europe Real Estate Market by Country, 2018 - 2021, USD Million
TABLE 19 Europe Real Estate Market by Country, 2022 - 2028, USD Million
TABLE 20 Europe Retail & Ecommerce Market by Country, 2018 - 2021, USD Million
TABLE 21 Europe Retail & Ecommerce Market by Country, 2022 - 2028, USD Million
TABLE 22 Europe Government & Public Sector Market by Country, 2018 - 2021, USD Million
TABLE 23 Europe Government & Public Sector Market by Country, 2022 - 2028, USD Million
TABLE 24 Europe Healthcare & Life Sciences Market by Country, 2018 - 2021, USD Million
TABLE 25 Europe Healthcare & Life Sciences Market by Country, 2022 - 2028, USD Million
TABLE 26 Europe Media & Entertainment Market by Country, 2018 - 2021, USD Million
TABLE 27 Europe Media & Entertainment Market by Country, 2022 - 2028, USD Million
TABLE 28 Europe Transport & Logistics Market by Country, 2018 - 2021, USD Million
TABLE 29 Europe Transport & Logistics Market by Country, 2022 - 2028, USD Million
TABLE 30 Europe Travel & Hospitality Market by Country, 2018 - 2021, USD Million
TABLE 31 Europe Travel & Hospitality Market by Country, 2022 - 2028, USD Million
TABLE 32 Europe Other Vertical Market by Country, 2018 - 2021, USD Million
TABLE 33 Europe Other Vertical Market by Country, 2022 - 2028, USD Million
TABLE 34 Europe Decentralized Identity Market by Organization size, 2018 - 2021, USD Million
TABLE 35 Europe Decentralized Identity Market by Organization size, 2022 - 2028, USD Million
TABLE 36 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 37 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 38 Europe SMEs Market by Country, 2018 - 2021, USD Million
TABLE 39 Europe SMEs Market by Country, 2022 - 2028, USD Million
TABLE 40 Europe Decentralized Identity Market by End user, 2018 - 2021, USD Million
TABLE 41 Europe Decentralized Identity Market by End user, 2022 - 2028, USD Million
TABLE 42 Europe Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 43 Europe Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 44 Europe Individual Market by Country, 2018 - 2021, USD Million
TABLE 45 Europe Individual Market by Country, 2022 - 2028, USD Million
TABLE 46 Europe Decentralized Identity Market by Country, 2018 - 2021, USD Million
TABLE 47 Europe Decentralized Identity Market by Country, 2022 - 2028, USD Million
TABLE 48 Germany Decentralized Identity Market, 2018 - 2021, USD Million
TABLE 49 Germany Decentralized Identity Market, 2022 - 2028, USD Million
TABLE 50 Germany Decentralized Identity Market by Identity Type, 2018 - 2021, USD Million
TABLE 51 Germany Decentralized Identity Market by Identity Type, 2022 - 2028, USD Million
TABLE 52 Germany Decentralized Identity Market by Vertical, 2018 - 2021, USD Million
TABLE 53 Germany Decentralized Identity Market by Vertical, 2022 - 2028, USD Million
TABLE 54 Germany Decentralized Identity Market by Organization size, 2018 - 2021, USD Million
TABLE 55 Germany Decentralized Identity Market by Organization size, 2022 - 2028, USD Million
TABLE 56 Germany Decentralized Identity Market by End user, 2018 - 2021, USD Million
TABLE 57 Germany Decentralized Identity Market by End user, 2022 - 2028, USD Million
TABLE 58 UK Decentralized Identity Market, 2018 - 2021, USD Million
TABLE 59 UK Decentralized Identity Market, 2022 - 2028, USD Million
TABLE 60 UK Decentralized Identity Market by Identity Type, 2018 - 2021, USD Million
TABLE 61 UK Decentralized Identity Market by Identity Type, 2022 - 2028, USD Million
TABLE 62 UK Decentralized Identity Market by Vertical, 2018 - 2021, USD Million
TABLE 63 UK Decentralized Identity Market by Vertical, 2022 - 2028, USD Million
TABLE 64 UK Decentralized Identity Market by Organization size, 2018 - 2021, USD Million
TABLE 65 UK Decentralized Identity Market by Organization size, 2022 - 2028, USD Million
TABLE 66 UK Decentralized Identity Market by End user, 2018 - 2021, USD Million
TABLE 67 UK Decentralized Identity Market by End user, 2022 - 2028, USD Million
TABLE 68 France Decentralized Identity Market, 2018 - 2021, USD Million
TABLE 69 France Decentralized Identity Market, 2022 - 2028, USD Million
TABLE 70 France Decentralized Identity Market by Identity Type, 2018 - 2021, USD Million
TABLE 71 France Decentralized Identity Market by Identity Type, 2022 - 2028, USD Million
TABLE 72 France Decentralized Identity Market by Vertical, 2018 - 2021, USD Million
TABLE 73 France Decentralized Identity Market by Vertical, 2022 - 2028, USD Million
TABLE 74 France Decentralized Identity Market by Organization size, 2018 - 2021, USD Million
TABLE 75 France Decentralized Identity Market by Organization size, 2022 - 2028, USD Million
TABLE 76 France Decentralized Identity Market by End user, 2018 - 2021, USD Million
TABLE 77 France Decentralized Identity Market by End user, 2022 - 2028, USD Million
TABLE 78 Russia Decentralized Identity Market, 2018 - 2021, USD Million
TABLE 79 Russia Decentralized Identity Market, 2022 - 2028, USD Million
TABLE 80 Russia Decentralized Identity Market by Identity Type, 2018 - 2021, USD Million
TABLE 81 Russia Decentralized Identity Market by Identity Type, 2022 - 2028, USD Million
TABLE 82 Russia Decentralized Identity Market by Vertical, 2018 - 2021, USD Million
TABLE 83 Russia Decentralized Identity Market by Vertical, 2022 - 2028, USD Million
TABLE 84 Russia Decentralized Identity Market by Organization size, 2018 - 2021, USD Million
TABLE 85 Russia Decentralized Identity Market by Organization size, 2022 - 2028, USD Million
TABLE 86 Russia Decentralized Identity Market by End user, 2018 - 2021, USD Million
TABLE 87 Russia Decentralized Identity Market by End user, 2022 - 2028, USD Million
TABLE 88 Spain Decentralized Identity Market, 2018 - 2021, USD Million
TABLE 89 Spain Decentralized Identity Market, 2022 - 2028, USD Million
TABLE 90 Spain Decentralized Identity Market by Identity Type, 2018 - 2021, USD Million
TABLE 91 Spain Decentralized Identity Market by Identity Type, 2022 - 2028, USD Million
TABLE 92 Spain Decentralized Identity Market by Vertical, 2018 - 2021, USD Million
TABLE 93 Spain Decentralized Identity Market by Vertical, 2022 - 2028, USD Million
TABLE 94 Spain Decentralized Identity Market by Organization size, 2018 - 2021, USD Million
TABLE 95 Spain Decentralized Identity Market by Organization size, 2022 - 2028, USD Million
TABLE 96 Spain Decentralized Identity Market by End user, 2018 - 2021, USD Million
TABLE 97 Spain Decentralized Identity Market by End user, 2022 - 2028, USD Million
TABLE 98 Italy Decentralized Identity Market, 2018 - 2021, USD Million
TABLE 99 Italy Decentralized Identity Market, 2022 - 2028, USD Million
TABLE 100 Italy Decentralized Identity Market by Identity Type, 2018 - 2021, USD Million
TABLE 101 Italy Decentralized Identity Market by Identity Type, 2022 - 2028, USD Million
TABLE 102 Italy Decentralized Identity Market by Vertical, 2018 - 2021, USD Million
TABLE 103 Italy Decentralized Identity Market by Vertical, 2022 - 2028, USD Million
TABLE 104 Italy Decentralized Identity Market by Organization size, 2018 - 2021, USD Million
TABLE 105 Italy Decentralized Identity Market by Organization size, 2022 - 2028, USD Million
TABLE 106 Italy Decentralized Identity Market by End user, 2018 - 2021, USD Million
TABLE 107 Italy Decentralized Identity Market by End user, 2022 - 2028, USD Million
TABLE 108 Rest of Europe Decentralized Identity Market, 2018 - 2021, USD Million
TABLE 109 Rest of Europe Decentralized Identity Market, 2022 - 2028, USD Million
TABLE 110 Rest of Europe Decentralized Identity Market by Identity Type, 2018 - 2021, USD Million
TABLE 111 Rest of Europe Decentralized Identity Market by Identity Type, 2022 - 2028, USD Million
TABLE 112 Rest of Europe Decentralized Identity Market by Vertical, 2018 - 2021, USD Million
TABLE 113 Rest of Europe Decentralized Identity Market by Vertical, 2022 - 2028, USD Million
TABLE 114 Rest of Europe Decentralized Identity Market by Organization size, 2018 - 2021, USD Million
TABLE 115 Rest of Europe Decentralized Identity Market by Organization size, 2022 - 2028, USD Million
TABLE 116 Rest of Europe Decentralized Identity Market by End user, 2018 - 2021, USD Million
TABLE 117 Rest of Europe Decentralized Identity Market by End user, 2022 - 2028, USD Million
TABLE 118 Key information – Accenture PLC
TABLE 119 key information – Microsoft Corporation
TABLE 120 Key information – PING IDENTITY HOLDING CORP
TABLE 121 Key Information – Avast Software s.r.o.
TABLE 122 Key Information – Wipro Limited
TABLE 123 Key Information – Persistent Systems Limited
TABLE 124 Key Information – Civic Technologies, Inc.
TABLE 125 Key Information – Nuggets Ltd
TABLE 126 Key Information – R3 LLC
TABLE 127 Key Information – Validated ID, SL

List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Swot analysis: Accenture plc
FIG 5 Recent strategies and developments: Microsoft Corporation
FIG 6 SWOT Analysis: Microsoft Corporation
FIG 7 Recent strategies and developments: Civic Technologies, Inc.