LONDON–(BUSINESS WIRE)–The blockchain identity management market is expected to grow by USD 4.61 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of COVID-19 pandemic on the blockchain identity management in optimistic, probable, and pessimistic forecast scenarios.
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The blockchain identity management market will witness a neutral impact during the forecast period owing to the widespread growth of the COVID-19 pandemic. As per Technavio’s pandemic-focused market research, market growth is likely to increase as compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations across the globe are gradually flattening their recessionary curve by leveraging technology. Many businesses will go through response, recovery and renew phases. Building business resilience and enabling agility will aid organizations to move forward in their journey out of the COVID-19 crisis towards the Next Normal.
This post-pandemic business planning research will aid clients to:
- Adjust their strategic planning to move ahead once business stability kicks in.
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Key Considerations for Market Forecast:
- Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
- Optimistic, probable, and pessimistic scenarios for all markets as the impact of pandemic unfolds
- Pre- as well as post-COVID-19 market estimates
- Quarterly impact analysis and updates on market estimates
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Major Three Blockchain Identity Management Market Participants:
Accenture Plc
Accenture Plc operates its business under five segments, which include communications, media and technology, financial services, health and public service, health and public service, and others. The company offers a wide suite of blockchain identity solutions.
Amazon Web Services Inc.
Amazon Web Services Inc. operates its business in AWS cost management, blockchain, and others. The company offers a wide suite of blockchain identity solutions.
Bitfury Group Ltd.
Bitfury Group Ltd. operates its business under segments- blockchain, HPC, AI, and crypto-infrastructure. The company offers a wide suite of blockchain identity solutions.
If you purchase a report that is updated in the next 60 days, we will send you the new edition and data extract FREE! Get report snapshot here to get detailed market share analysis of market participants during COVID-19 lockdown: https://www.technavio.com/report/blockchain-identity-management-market-industry-analysis
Blockchain Identity Management Market 2020-2024: Segmentation
Blockchain identity management market is segmented as below:
- End-user
- BFSI
- Government
- Healthcare
- Others
- Geography
- North America
- Europe
- APAC
- South America
- MEA
- Application
- End-point
- Network
- Infrastructure
The blockchain identity management market is driven by rising demand for digitalization. In addition, other factors such as proliferation of online services and cloud applications is expected to trigger the blockchain identity management market toward witnessing a CAGR of almost 82% during the forecast period.
Get more insights about the global trends impacting the future of blockchain identity management market, Request Free Sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44645
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