Global Decentralized Identity Market Size & Outlook

The decentralized identity industry worldwide is expected to reach a projected revenue of US$ 102,000.6 million by 2030. A compound annual growth rate of 90.3% is expected of the worldwide decentralized identity industry from 2024 to 2030.
Revenue, 2023 (US$M)
$1,128.0
Forecast, 2030 (US$M)
$102,000.6
CAGR, 2024 - 2030
90.3%
Report Coverage
Worldwide

Global decentralized identity market, 2020-2030 (US$M)

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Global decentralized identity market highlights

  • The global decentralized identity market generated a revenue of USD 1,128.0 million in 2023 and is expected to reach USD 102,000.6 million by 2030.
  • The market is expected to grow at a CAGR (2024 - 2030) of 90.3% by 2030.
  • In terms of segment, enterprises accounted for a revenue of USD 732.1 million in 2023.
  • Individuals is the most lucrative end user segment registering the fastest growth during the forecast period.
  • In terms of region, North America was the largest revenue generating market in 2023.
  • Country-wise, U.S. is expected to register the highest CAGR from 2024 to 2030.

Global data book summary

Market revenue in 2023USD 1,128.0 million
Market revenue in 2030USD 102,000.6 million
Growth rate90.3% (CAGR from 2023 to 2030)
Largest segmentEnterprises
Fastest growing segmentIndividuals
Historical data covered2020 - 2022
Base year for estimation2023
Forecast period covered2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationIndividuals, Enterprises

Other key industry trends

  • In terms of revenue, the North America accounted for 31.5% of the global decentralized identity market in 2023.
  • By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
  • By country, U.S. is the fastest growing regional market and is projected to reach USD 23,021.1 million by 2030.

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Decentralized Identity Market Scope

Decentralized identity market segmentation & scope
Individuals
Businesses
Large Enterprises
SMEs
Personal
Commercial
Non- biometrics
Biometrics
BFSI
Government
Healthcare and life sciences
Telecom and IT
Retail & E-Commerce
Transport and Logistics
Real Estate
Media and Entertainment
Travel and Hospitality
Pharmaceuticals
Other
Latin America
Europe
North America
Middle East & Africa
Asia Pacific
Canada
U.S.
UK
Germany
France
Spain
China
India
Japan
South Korea
Australia
Brazil
Mexico
Saudi Arabia
UAE
South Africa

Decentralized Identity Market Companies

Name Profile # Employees HQ Website

Global decentralized identity market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to decentralized identity market will help companies and investors design strategic landscapes.


enterprises was the largest segment with a revenue share of 64.9% in 2023. Horizon Databook has segmented the Global decentralized identity market based on individuals, enterprises covering the revenue growth of each sub-segment from 2020 to 2030.


  • Global Decentralized Identity End User Outlook (Revenue, USD Million, 2020-2030)
    • Individuals
    • Businesses
    • Enterprises
      • Large Enterprises
      • SMEs
    • Personal
    • Commercial
  • Global Decentralized Identity Identity Type Outlook (Revenue, USD Million, 2020-2030)
    • Non- biometrics
    • Biometrics
  • Global Decentralized Identity Verticals Outlook (Revenue, USD Million, 2020-2030)
    • BFSI
    • Government
    • Healthcare and life sciences
    • Telecom and IT
    • Retail & E-Commerce
    • Transport and Logistics
    • Real Estate
    • Media and Entertainment
    • Travel and Hospitality
    • Pharmaceuticals
    • Other

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Target buyers of Global decentralized identity market databook

  • Our clientele includes a mix of decentralized identity market companies, investment firms, advisory firms & academic institutions.
  • 30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
  • Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of global-level data and insights on the Global decentralized identity market , including forecasts for subscribers. This global databook contains high-level insights into Global decentralized identity market from 2020 to 2030, including revenue numbers, major trends, and company profiles.

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Global decentralized identity market statistics, by region, 2020-2030 (US$M)

Top 10 countries: Decentralized identity market size, 2023 (USD Million)

Top 10 countries: Decentralized identity market size, 2023 (USD Million)

Global decentralized identity market, by region, 2023 (US$M)

Global decentralized identity market statistics, by region, 2020-2030 (US$M)

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