Global Decentralized Identity Market Size & Outlook
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 2023 | USD 1,128.0 million |
| Market revenue in 2030 | USD 102,000.6 million |
| Growth rate | 90.3% (CAGR from 2023 to 2030) |
| Largest segment | Enterprises |
| Fastest growing segment | Individuals |
| Historical data covered | 2020 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Individuals, 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 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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Our clientele includes a mix of decentralized identity market companies, investment firms, advisory firms & academic institutions.
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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 size, by region, 2020-2030 (US$M)
Top 10 countries: Decentralized identity market size, 2023 (US$M)
Global decentralized identity market share, by end user, 2023 & 2030 (%, US$M)
Decentralized identity market: Opportunity assessment by country
Global decentralized identity market, by region, 2023 (US$M)
| End User | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Latin America | 15.0 | 39.8 | 68.3 | 119.4 | 213.3 | 389.4 | 726.9 | 1,388.0 | 2,712.9 | 5,431.1 | 11,142.4 | 91.3% |
| Europe | 37.7 | 100.2 | 171.3 | 298.8 | 532.5 | 969.7 | 1,805.5 | 3,439.0 | 6,705.2 | 13,389.9 | 27,402.2 | 90.9% |
| North America | 46.6 | 122.2 | 206.2 | 355.1 | 624.5 | 1,122.1 | 2,061.0 | 3,871.8 | 7,443.7 | 14,654.0 | 29,557.1 | 88.2% |
| MEA | 12.1 | 32.4 | 55.6 | 97.4 | 174.4 | 319.0 | 596.7 | 1,141.6 | 2,235.7 | 4,484.7 | 9,219.1 | 91.7% |
| Asia Pacific | 31.8 | 85.1 | 146.5 | 257.2 | 461.4 | 845.6 | 1,584.6 | 3,037.9 | 5,961.4 | 11,981.9 | 24,679.8 | 92.1% |
| Overall | 143.2 | 379.7 | 647.8 | 1,128.0 | 2,006.2 | 3,645.9 | 6,774.7 | 12,878.2 | 25,059.0 | 49,941.6 | 102,000.6 | 90.3% |
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