The Asia-Pacific Blockchain Identity Management report forecasts the size of the market by providing information on key vendor revenues, industry progress, development of the industry by upstream and downstream, key companies, along with market segment type and market application. In addition, this data is also checked and verified by the market experts before publishing it into the market report and providing it to the client. To improve customer experience while using this global market report, all the facts and figures of statistical and numerical data are represented very well. Asia-Pacific Blockchain Identity Management is the quality market report which has transparent market research studies and estimations that supports business growth.
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- In- depth Analysis of the Report: –
Asia-Pacific blockchain identity management market is projected to register a CAGR of 54.6% in the forecast period of 2019 to 2026. Blockchain identity management offers a secure and decentralized solution for digital identity enabling distributed trust model. The blockchain technology is transforming the existing identity management system by offering the self-sovereign identity over decentralized networks as sharing multiple IDs may lead to security concerns and data breaches. Since blockchain enables decentralization, it eliminates the aforementioned intermediaries between any interaction and communication. Blockchain technology helps improving the existing identity management by resolving the issues of identity theft, KYC onboarding, and lack of control over personal data.
The blockchain identity management solution works by registering for global ID, followed by upload of know-your-customer (KYC) documents, verification of KYC documents, generating trust score of the individual and providing a digital ID. We can implement this solution over permissioned and permissionless networks, i.e., private and public networks respectively, although permissioned networks are more secure as it allows access based on the invites only.
Blockchain identity management has been adopted by various industries such as banking, financial services, government services, telecom & IT, e-commerce, supply chain management, travel & hospitality and life sciences & healthcare among other industries, due to its transparency and security
The Asia-Pacific Blockchain Identity Management report is very helpful to renovate business and modify approach with the market insights and take decisions daringly. In this industry document, contemplation of the noteworthy enactment of the global Asia-Pacific Blockchain Identity Management market is driven by various analysis tools and wide-ranging research reports. The citations that are engaged in the report assist to mount clear results and validate them. It draws a focus on drawbacks, opportunities, circumstances, estimations and information using an experienced skills and verified methodologies. This global report lends a hand to effectively turn business and outstandingly position it to lead the digital transformations. Asia-Pacific Blockchain Identity Management market research report gives an exceptional experience of innovative solutions and outcomes.
- Market Analysis by Segmentation
This Asia-Pacific Blockchain Identity Management report provided segmentation of the market on the basis of the application, it focuses on the status and outlook for major applications, market share and growth rate of each player is included in this section.
- On the basis of networks, the market is segmented into permissioned and permissionless. In 2019, permissioned networks segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
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- In October, 2018, Civic Technologies, Inc. launched a new solution, Civic Connect. Civic Connect is an app-to-app integration which enables mobile apps to integrate Civic Secure Login and reusable KYC to authenticate users.
- On the basis of provider, the market is segmented into application providers, middleware providers and infrastructure providers. In 2019, infrastructure providers segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
- In February, 2019, Amazon Web Services announced that Clippers CourtVision has made it primary machine learning, artificial intelligence and cloud computing provider. Clippers CourtVision is an augmented game watching platform which is created by Los Angeles Clippers and Second Spectrum.
- On the basis of organization size, the market is segmented into large enterprise, small enterprises and medium-sized enterprises. In 2019, medium-sized enterprises segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
- In November, 2018, BTL Group Ltd. provided an update for Interbit megachain platform (Version III). This update offers enhanced megachain platform which is able to run 1,000,000+ chains simultaneously along with supporting complex enterprise level complications.
- On the basis of industry, the market is segmented into BFSI, government, healthcare and life sciences, telecom and IT, retail and e-commerce, transport and logistics, real estate, media and entertainment, travel and hospitality, others (automotive, education and energy & utilities). In 2019, BFSI industry segment is likely to grow at the highest CAGR in the forecast period of 2019 to 2026.
- In January, 2019, Bitfury Group Limited announced the release of a new division, music and entertainment. This division will be created to provide an open-source music platform, secured by the bitcoin blockchain. This new open-source platform will encourage collaboration and innovation promotion.
This Asia-Pacific Blockchain Identity Management report splits the market into different regions such as
- North America
- South America
- Middle east and Africa
- Asia and Pacific Region
Competitive landscape
This Asia-Pacific Blockchain Identity Management research report provided analysis of the competitive landscape in the market and keeps focus on the key players, their economic situation and business strategies are examined to succeed in the market.
Company Coverage of Asia-Pacific Blockchain Identity Management market (Sales Revenue, Price, Gross Margin, Main Products etc):
Amazon Web Services, Inc.,
Bitfury Group Limited,
Bitnation, Blockverify,
BTL Group Ltd.,
Cambridge Blockchain,
LLC, Civic Technologies, Inc., Coinfirm, Evernym, Inc., Factom, Existence ID, IBM Corporation, KYC-CHAIN LIMITED, Netki, Microsoft, Neuroware, OriginalMy.com, Peer Ledger, Inc., uPort, UniqID, Tradle, Oracle, ShoCard, Nodalblock among others.
Queries Resolved In This Report:
- Which will be the specialties at which Asia-Pacific Blockchain Identity Management Market players profiling with intensive designs, financials, and furthermore, ongoing headways should set a nearness?
- Which will be the foreseen development rates for your own Asia-Pacific Blockchain Identity Management economy out and out and furthermore for each portion inside?
- Which will be the Asia-Pacific Blockchain Identity Management application and sorts and estimate joined intently by makers?
- Which will be the dangers which will attack growth?
- The length of the global Asia-Pacific Blockchain Identity Management market opportunity?
- How Asia-Pacific Blockchain Identity Management Market share advance vacillations their value from various assembling brands?
Reasons to Purchase Asia-Pacific Blockchain Identity Management Market Report:
- Current and future of Asia-Pacific Blockchain Identity Management market outlook in the developed and emerging markets
- Analysis of various perspectives of the market with the help of Porter’s five forces analysis
- The segment that is expected to dominate the Asia-Pacific Blockchain Identity Management market
- Regions that are expected to witness the fastest growth during the forecast period
- Identify the latest developments, Asia-Pacific Blockchain Identity Management market shares, and strategies employed by the major market players
Product Launch:
- In February, 2019, IBM unveiled its latest product portfolio for Internet of things (IoT) solutions which involve advanced analytics and artificial intelligence for assisting intensive organizations such as Metropolitan Atlanta Rapid Transit Authority.
- In November, 2018, Amazon Web Services announced its 13 latest machine learning capabilities and services, which include 1/18 scale autonomous racing car for developers and a custom chip for machine learning inference.
- In October, 2018, Civic Technologies, Inc. launched a new solution, Civic Connect. Civic Connect is an app-to-app integration which enables mobile apps to integrate Civic Secure Login and reusable KYC to authenticate users.
- In April, 2018, BTL Group Ltd. announced the launch of Interbit platform for testing and feedback. Interbit is proprietary next-generation token free blockchain platform which is built to address the scalability and privacy shortcomings of blockchain platforms.
- In November, 2016, Bitnation released marriage app on Ethereum Blockchain. The application went into Ethereum Hackathon. This application is a functional jurisdiction in a robust marriage contract, such as ability to choose code of arbitrator, law and create a sign, an escrow, timestamp or contract.
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