Decentralized Identity Market Projected to Reach $102 Billion by 2030 with Swift Growth in Biometrics and BFSI Sector - ResearchAndMarkets.com
The global decentralized identity market size is projected to reach USD 102 billion by 2030, growing at a CAGR of 90.3% from 2023 to 2030.
- The global decentralized identity market size is projected to reach USD 102 billion by 2030, growing at a CAGR of 90.3% from 2023 to 2030.
- The rising need for interoperability between different identity systems is accentuating the acceptance of decentralized identity.
- Decentralized identity solutions provide a standardized framework for identity verification that can be seamlessly integrated across various platforms, enabling interoperability and enhancing user convenience.
- The increasing demand for decentralized identity solutions across the region is anticipated to play a vital role in driving the growth of the regional market