Global Blockchain Identity Management Market Overview

The global blockchain identity management market size was valued at USD 1.10 billion in 2024 and is projected to grow from USD 1.57 billion in 2025 to a staggering USD 118.96 billion by 2032, registering an exceptionally high CAGR of 85.6% during the forecast period. This exponential growth signals a transformative shift in how digital identities are created, managed, and secured across industries in the digital age.

Blockchain identity management (BIM) leverages distributed ledger technology (DLT) to enable decentralized, tamper-proof, and self-sovereign digital identities. It removes the reliance on centralized authorities and provides users with full control over their personal data, thereby enhancing security, privacy, and trust in both enterprise and consumer ecosystems.

Key Market Highlights

• 2024 Market Size: USD 1.10 billion
• 2025 Market Size: USD 1.57 billion
• 2032 Market Size: USD 118.96 billion
• CAGR (2025–2032): 85.6%
• Key Sectors: BFSI, Healthcare, Government, IT & Telecom, Retail
• Major Technologies: Public, Private, and Consortium Blockchain
• Leading Regions: North America, Europe, Asia Pacific

Key Market Players:

• IBM Corporation
• Microsoft Corporation
• Civic Technologies Inc.
• SecureKey Technologies Inc.
• uPort (by ConsenSys)
• Evernym, Inc.
• Blockstack PBC
• Bitnation