Market Highlights
Market Research Future (MRFR), in its new “Blockchain Identity Management Market” report, states that the global market of blockchain identity management market is expected to thrive at a lucrative CAGR of about 85% during the forecast period (2016 to 2023). As per MRFR findings, the blockchain identity management market is poised to reach a valuation of nearly USD 1,929.87 million by the end of forecast period.
Blockchain identity management is an identity management tool that is observed to be gaining popularity across different verticals. The authentication and digital verification process involved in the blockchain management software provide an edge. The blockchain identity management tool discards the concept of central database, and stores and encrypts data on a user’s smartphone. The growing use of smartphones and ease of accessibility are expected to impel the market growth. The use of cryptography to store and link data blocks via virtual networks in blockchain asserts high security check of the technology. This is causing the growing adoption of blockchain identity management market. The rise in security concerns is causing the adoption of blockchain identity management solutions. In addition, blockchain technology can simplifies the KYC processes for in the BFSI sector. And at the same time, ensures the protection of a user's personal information. These factors can also propel the market. On the downside, the lack of regulatory standards and concerns regarding users’ authenticity are likely to hinder the blockchain identity management market growth. In the coming future, blockchain will be able to compile the data at one location, whenever the data is put online.
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Segmentation:
The global blockchain identity management market is assessed by vertical, organization size, and provider. By provider, the market is segmented into middleware providers, application providers, and infrastructure providers. By organization size, the market is sectioned into small and medium-sized enterprises and large enterprises. By verticals, the market is segmented into government, BFSI, telecom and IT, travel & hospitality, healthcare & life sciences, transport & logistics, retail & e-commerce, media & entertainment, real estate, and others.
Regional analysis
The blockchain identity management market in North America is expected to secure a sizable share of the global market that is significant the presence of a firm infrastructure and advancements in technology in the region. In US, the main factor that is expected to drive the blockchain identity management market is the existence of strong blockchain identity management solutions providers. In Asia Pacific, the blockchain identity management market is expected to experience a sharp rise owing to the increase in venture capital funding. Additional causes that are likely to propel the APAC market are the growing number of start-ups and the increase in focus of governments on effective regulation of blockchain technology identity management.
Key players
MRFR listed some prominent players of the global blockchain identity management market. They are; AWS (U.S.), IBM (U.S.), KYC-Chain (Hong Kong), Civic Technologies (U.S.), Evernym (U.S.), Bitfury (U.S.), Netki (U.S.), Factom (U.S.), UniquID (U.S.), ShoCard (U.S.), Oracle (US), Microsoft (US), Nodalblock (Spain), Bitnation (Switzerland), Blockverify (U.K), EdgeSecure (U.S.), Cambridge Blockchain (US), Peer Ledger (Canada), Originalmy (Brazil), uPort (U.S.), Tradle (U.S.), Neuroware (Malaysia), Coinfirm (Poland), Existenceid (Australia), and BTL Group (Canada).
Companies are observed to associate with digital identity leaders to launch effective designs. Their growing need to implement global standards to provide point-to-point exchange of data about people and organizations enabled by the blockchain technology is expected to benefit the market. Key players are making efforts and designing strategies that can provide customers with customized designs, secure, cost-effective access to identity-verification solution via blockchain technology is also likely to favor the market expansion.
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In today’s technologically advanced society it is expected that all organizations – for-profit businesses and nonprofits alike – have the ability to provide technology experiences that aim to serve their stakeholders.
With that said, there is a solution out there for nonprofits who wish to improve their IT endeavors without cutting into their already limited budgets.
Managed cloud service providers across the country are working to help the nonprofit industry achieve the same level of IT service as public and private sectors through cloud computing.
Read on to find out how.Cloud Computing for NonprofitsSimply put, cloud computing is the delivery of computing services (such as data storage, networking, analytics, and so on) via the cloud.
Moving to the cloud can improve user experience, giving nonprofits the competitive edge they need to keep up with their public and private counterparts.
Some common examples of cloud computing in the nonprofit sector include:Using an online service, like Microsoft Outlook, to send emails.Sharing documents and files online using a central database.Tracking your volunteer and donor base through a CRM software like Salesforce.Managed Cloud Service ProvidersIf you are still wondering what the role of a cloud service provider (CSP) is in a nonprofit that wants to leverage cloud computing, you have come to the right place.
Central venous/vascular access devices are small, flexible tubes placed in large veins for people who require frequent access to the bloodstream.
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Bard, Teleflex, Inc., Terumo Corporation, Smiths Medical, Inc and Edwards Lifesciences Corporation are leading the market, other prominent players include Becton Dickinson, B.Braun, Vygon Ltd, AngioDynamics.Download FREE Sample of this Report @ https://www.grandresearchstore.com/report-sample/global-central-vascular-access-device-2019-2024-767According to this study, over the next five years the Central Vascular Access Device market will register a 5.5% CAGR in terms of revenue, the global market size will reach US$ 2410 million by 2024, from US$ 1850 million in 2019.
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Polaris Market Research recently updated its existing market research study on the Blockchain Technology Market and estimates that the market would reach 16.82 billion by 2026 The report provides historical data along with forecast till 2026.
The report covers market trends, drivers and opportunity analysis and provides competitor benchmarking information.
The report covers an exhaustive list of market tables and figures, thus providing in-depth analytical data for segments across different regions.The updated report on the Blockchain Technology Market is segmented by Type and by Regions.
Major companies covered in the report include:R3,Microsoft,Samsung,IBM,Deloitte,BTL Group,Linux FoundationFor more information, request a sample of the study on https://www.polarismarketresearch.com/industry-analysis/blockchain-technology-market/request-for-sampleBlockchain Technology Market Size and Forecast by Application TypePaymentsSmart ContractsExchangesDigital IdentityOthersBlockchain Technology Market Size and Forecast by Organization SizeLarge EnterprisesSmall and Medium Enterprises (SMEs)Blockchain Technology Market Size and Forecast by End-Use TypeBanking, Financial Services, and Insurance (BFSI)E-Commerce & RetailGovernment & Public SectorHealthcareTechnology & TelecomMedia & EntertainmentBlockchain technology Market Size and Forecast by RegionsNorth AmericaU.S.CanadaEuropeGermanyUKFranceItalyAsia PacificChinaIndiaJapanAustraliaLatin AmericaBrazilMexicoMiddle East & AfricaThe report attributes are as follows:Historical Data (Actuals): 2015, 2016, 2017Base Year: 2018Estimates & Forecast: 2019 to 2026The report can be customized on the basis of regional analysis, segment analysis, industry outlook and competitive analysis.
Some of the major focus points which are covered in the report include:Industry Trends, opportunity and challenges in the marketRole of key players across the value chainEnd-User analysis to define the market strategyCompetitive mappingRegional and country level breakdownThese insights are included in the report which would help you to have a realistic overview of the overall market including the competition, investment opportunities, restraints and challenges, regulatory factors which might affect the market growth.
Moreover, the report would help to identify the regional market growth opportunities for different segments covered in the report.Speak to Analyst to know more @ https://www.polarismarketresearch.com/industry-analysis/blockchain-technology-market/speak-to-analyst About UsPolaris Market Research is a global market research and consulting company.
