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LONDON–(BUSINESS WIRE) – The blockchain identity management market is expected to grow by $ 4.61 billion during 2020-2024, according to Technavio. The report offers a detailed analysis of the impact of the COVID-19 pandemic on blockchain identity management under optimistic, probable and pessimistic forecast scenarios.
Businesses will go through the response, recovery and renewal phases. Download a free sample report on COVID-19
The blockchain identity management market will witness a neutral impact during the forecast period due to the widespread growth of the COVID-19 pandemic. Based on market research focused on the Technavio pandemic, market growth is likely to increase compared to 2019.
With the continuing spread of the novel coronavirus pandemic, organizations around the world are gradually flattening their recessionary curve by leveraging technology. Many companies will go through phases of response, recovery and renewal. Building business resilience and enabling agility will help organizations move forward on their journey out of the COVID-19 crisis into the next normal.
This post-pandemic business planning research will help clients:
- Adjust your strategic planning to move on once business stability is established.
- Develop resilience make effective decisions about resources and investments for individual business units, products and service lines.
- Conceptualize scenario-based planning to mitigate future crisis situations.
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Key considerations for the market forecast:
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Impact of lockdowns, supply chain disruptions, demand destruction, and change in customer behavior
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Optimistic, probable and pessimistic scenarios for all markets as the impact of the pandemic unfolds
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Pre and Post COVID-19 Market Estimates
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Quarterly impact analysis and market estimate updates
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The Top Three Participants of the Blockchain Identity Management Market:
Accenture Plc
Accenture Plc operates its business in five segments, including communications, media and technology, financial services, health and public service, health and public service, and others. The company offers a broad set 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 broad set of blockchain identity solutions.
Bitfury Group Ltd.
Bitfury Group Ltd. operates its business in segments: blockchain, HPC, AI, and crypto infrastructure. The company offers a broad set of blockchain identity solutions.
If you buy a report that is updated in the next 60 days, we will send you the new edition and data extract for FREE! Get a snapshot of the report here for a detailed analysis of the market share of market participants during the COVID-19 lockdown: https://www.technavio.com/report/blockchain-identity-management-market-industry-analysis
Blockchain Identity Management Market 2020-2024: Segmentation
The blockchain identity management market is segmented as follows:
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Final user
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BFSI
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government
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Health care
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Others
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Geography
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North America
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Europe
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APAC
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South America
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ME
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Request
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Final point
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Net
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Infrastructure
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The blockchain identity management market is driven by the growing demand for digitization. Additionally, other factors, such as the proliferation of online services and cloud applications, are expected to drive the blockchain identity management market to witness a CAGR of nearly 82% over the forecast period.
Learn more about global trends impacting the future of the blockchain identity management market, request a free sample @ https://www.technavio.com/talk-to-us?report=IRTNTR44645
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