Product Code: ETC5431973 | Publication Date: Nov 2023 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Bhawna Singh | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
The Decentralized Identity market in Bhutan is emerging as a secure and privacy-preserving alternative to traditional identity management. Decentralized identity solutions offer users control over their personal information. The growing concerns about data privacy and the push for digital identity solutions are fueling this market.
The Bhutan Decentralized Identity Market is driven by the growing need for secure and user-centric identity management solutions. The increasing adoption of blockchain technology and the rising focus on data privacy and security propel the market. Additionally, government initiatives to enhance digital identity infrastructure and advancements in decentralized identity solutions contribute to market growth.
In the Bhutan Decentralized Identity market, challenges include the need for robust and secure decentralized identity solutions to manage digital identities effectively. Limited infrastructure and resources can impact the implementation and adoption of decentralized identity technologies. Additionally, there is a need for standards and regulations to ensure the security and interoperability of decentralized identity systems.
In Bhutan, the government supports the decentralized identity market through policies that promote secure and user-controlled identity management solutions. Incentives are provided for adopting decentralized identity technologies, and there is support for developing secure digital identity systems. The focus is on enhancing privacy and security in identity verification.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Bhutan Decentralized Identity Market Overview |
3.1 Bhutan Country Macro Economic Indicators |
3.2 Bhutan Decentralized Identity Market Revenues & Volume, 2021 & 2031F |
3.3 Bhutan Decentralized Identity Market - Industry Life Cycle |
3.4 Bhutan Decentralized Identity Market - Porter's Five Forces |
3.5 Bhutan Decentralized Identity Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.6 Bhutan Decentralized Identity Market Revenues & Volume Share, By Identity Type, 2021 & 2031F |
3.7 Bhutan Decentralized Identity Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 Bhutan Decentralized Identity Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Bhutan Decentralized Identity Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on data privacy and security in Bhutan |
4.2.2 Government initiatives promoting digital transformation and e-governance |
4.2.3 Growing adoption of blockchain technology in various sectors in Bhutan |
4.3 Market Restraints |
4.3.1 Lack of awareness and understanding of decentralized identity solutions among businesses and individuals in Bhutan |
4.3.2 Limited technical expertise and resources for implementing decentralized identity systems |
4.3.3 Resistance to change from traditional identity management systems |
5 Bhutan Decentralized Identity Market Trends |
6 Bhutan Decentralized Identity Market Segmentations |
6.1 Bhutan Decentralized Identity Market, By Vertical |
6.1.1 Overview and Analysis |
6.1.2 Bhutan Decentralized Identity Market Revenues & Volume, By BFSI, 2021-2031F |
6.1.3 Bhutan Decentralized Identity Market Revenues & Volume, By Government, 2021-2031F |
6.1.4 Bhutan Decentralized Identity Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.1.5 Bhutan Decentralized Identity Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.1.6 Bhutan Decentralized Identity Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.1.7 Bhutan Decentralized Identity Market Revenues & Volume, By Transport and Logistics, 2021-2031F |
6.1.9 Bhutan Decentralized Identity Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 Bhutan Decentralized Identity Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bhutan Decentralized Identity Market, By Identity Type |
6.2.1 Overview and Analysis |
6.2.2 Bhutan Decentralized Identity Market Revenues & Volume, By Non- biometrics, 2021-2031F |
6.2.3 Bhutan Decentralized Identity Market Revenues & Volume, By Biometrics, 2021-2031F |
6.3 Bhutan Decentralized Identity Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 Bhutan Decentralized Identity Market Revenues & Volume, By Enterprises, 2021-2031F |
6.3.3 Bhutan Decentralized Identity Market Revenues & Volume, By Individual, 2021-2031F |
6.4 Bhutan Decentralized Identity Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 Bhutan Decentralized Identity Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4.3 Bhutan Decentralized Identity Market Revenues & Volume, By SMEs, 2021-2031F |
7 Bhutan Decentralized Identity Market Import-Export Trade Statistics |
7.1 Bhutan Decentralized Identity Market Export to Major Countries |
7.2 Bhutan Decentralized Identity Market Imports from Major Countries |
8 Bhutan Decentralized Identity Market Key Performance Indicators |
8.1 Number of government projects integrating decentralized identity solutions |
8.2 Percentage increase in the adoption of blockchain technology in Bhutan |
8.3 Growth in the number of cybersecurity incidents reported and successfully mitigated |
8.4 Number of partnerships between decentralized identity solution providers and Bhutanese organizations |
8.5 Rate of digital literacy and awareness campaigns related to decentralized identity in Bhutan |
9 Bhutan Decentralized Identity Market - Opportunity Assessment |
9.1 Bhutan Decentralized Identity Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.2 Bhutan Decentralized Identity Market Opportunity Assessment, By Identity Type, 2021 & 2031F |
9.3 Bhutan Decentralized Identity Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 Bhutan Decentralized Identity Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Bhutan Decentralized Identity Market - Competitive Landscape |
10.1 Bhutan Decentralized Identity Market Revenue Share, By Companies, 2024 |
10.2 Bhutan Decentralized Identity Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |