Malaysia Decentralized Identity Market (2025-2031) Outlook | Analysis, Industry, Forecast, Share, Growth, Companies, Size, Trends, Revenue & Value

Name: Malaysia Decentralized Identity Market (2025-2031) | Trends, Outlook & Forecast
Creator: 6Wresearch
License: https://www.6wresearch.com/privacy-policy

Market Forecast By Vertical (BFSI, Government, Healthcare and Life Sciences, Retail and eCommerce, Telecom and IT, Transport and Logistics, Real Estate, Others), By Identity Type (Non- biometrics, Biometrics), By End User (Enterprises, Individual), By Organization Size (Large Enterprises, SMEs) And Competitive Landscape

Product Code: ETC4386207	Publication Date: Jul 2023	Updated Date: Aug 2025	Product Type: Report
Publisher: 6Wresearch	Author: Ravi Bhandari	No. of Pages: 85	No. of Figures: 45	No. of Tables: 25

malaysia decentralized identity market overview

Decentralized Identity solutions are gaining traction in Malaysia as businesses recognize the need for more secure and user-centric identity management systems. The market is witnessing growth as organizations aim to enhance user privacy, reduce reliance on centralized authorities, and improve the overall trustworthiness of digital interactions. Decentralized Identity technologies hold the potential to revolutionize the way individuals and entities manage and share their digital identities in Malaysia.

Drivers of the Market

Decentralized identity solutions are becoming more relevant in Malaysia as individuals and organizations seek greater control over their personal data. The adoption of decentralized identity is driven by privacy concerns and the desire for secure and efficient identity verification processes.

Challenges of the Market

Challenges in the Malaysia Decentralized Identity market include issues of standardization and interoperability. Achieving a global standard for decentralized identity is a complex task. Furthermore, privacy concerns and data protection regulations pose challenges in the implementation of decentralized identity systems.

Covid-19 Impact of the Market

The concept of decentralized identity gained prominence in Malaysia as organizations grappled with the challenges of ensuring secure and privacy-centric identity management in an increasingly digital landscape. The COVID-19 pandemic underscored the importance of robust and flexible identity solutions, especially in the context of remote work and online interactions. Decentralized identity technologies, which offer enhanced control and security over personal data, gained traction as businesses sought to address these evolving needs.

Leading Players of the Market

Decentralized identity is an emerging field, and Leading Players in Malaysia are contributing to the development and adoption of decentralized identity solutions. Sovrin Foundation is a notable player, working on creating a global, public utility for decentralized identity. Microsoft, with its Microsoft Identity Platform and decentralized identity initiatives, is actively involved in promoting decentralized identity solutions. IBM, with its work on self-sovereign identity and decentralized identity technologies, is another significant contributor. These companies are instrumental in driving the adoption of decentralized identity solutions in Malaysia, offering individuals greater control over their personal information and digital identities.

Key Highlights of the Report:

Malaysia Decentralized Identity Market Outlook
Market Size of Malaysia Decentralized Identity Market, 2024
Forecast of Malaysia Decentralized Identity Market, 2031
Historical Data and Forecast of Malaysia Decentralized Identity Revenues & Volume for the Period 2021-2031
Malaysia Decentralized Identity Market Trend Evolution
Malaysia Decentralized Identity Market Drivers and Challenges
Malaysia Decentralized Identity Price Trends
Malaysia Decentralized Identity Porter's Five Forces
Malaysia Decentralized Identity Industry Life Cycle
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Vertical for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By BFSI for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Government for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Healthcare and Life Sciences for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Retail and eCommerce for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Telecom and IT for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Transport and Logistics for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Real Estate for the Period 2021-2031
Historical Data and Forecast of Malaysia BFSI Decentralized Identity Market Revenues & Volume By Others for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Identity Type for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Non- biometrics for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Biometrics for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By End User for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Enterprises for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Individual for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Organization Size for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By Large Enterprises for the Period 2021-2031
Historical Data and Forecast of Malaysia Decentralized Identity Market Revenues & Volume By SMEs for the Period 2021-2031
Malaysia Decentralized Identity Import Export Trade Statistics
Market Opportunity Assessment By Vertical
Market Opportunity Assessment By Identity Type
Market Opportunity Assessment By End User
Market Opportunity Assessment By Organization Size
Malaysia Decentralized Identity Top Companies Market Share
Malaysia Decentralized Identity Competitive Benchmarking By Technical and Operational Parameters
Malaysia Decentralized Identity Company Profiles
Malaysia Decentralized Identity Key Strategic Recommendations

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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 Malaysia Decentralized Identity Market Overview

3.1 Malaysia Country Macro Economic Indicators

3.2 Malaysia Decentralized Identity Market Revenues & Volume, 2021 & 2031F

3.3 Malaysia Decentralized Identity Market - Industry Life Cycle

3.4 Malaysia Decentralized Identity Market - Porter's Five Forces

3.5 Malaysia Decentralized Identity Market Revenues & Volume Share, By Vertical, 2021 & 2031F

3.6 Malaysia Decentralized Identity Market Revenues & Volume Share, By Identity Type, 2021 & 2031F

3.7 Malaysia Decentralized Identity Market Revenues & Volume Share, By End User, 2021 & 2031F

3.8 Malaysia Decentralized Identity Market Revenues & Volume Share, By Organization Size, 2021 & 2031F

4 Malaysia Decentralized Identity Market Dynamics

4.1 Impact Analysis

4.2 Market Drivers

4.2.1 Increasing demand for secure and efficient identity verification solutions

4.2.2 Government initiatives promoting digitalization and data security

4.2.3 Growing adoption of blockchain technology in various sectors

4.3 Market Restraints

4.3.1 Lack of awareness and understanding about decentralized identity solutions

4.3.2 Concerns regarding data privacy and security

4.3.3 Resistance to change from traditional identity verification methods

5 Malaysia Decentralized Identity Market Trends

6 Malaysia Decentralized Identity Market, By Types

6.1 Malaysia Decentralized Identity Market, By Vertical

6.1.1 Overview and Analysis

6.1.2 Malaysia Decentralized Identity Market Revenues & Volume, By Vertical, 2021-2031F

6.1.3 Malaysia Decentralized Identity Market Revenues & Volume, By BFSI, 2021-2031F

6.1.4 Malaysia Decentralized Identity Market Revenues & Volume, By Government, 2021-2031F

6.1.5 Malaysia Decentralized Identity Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F

6.1.6 Malaysia Decentralized Identity Market Revenues & Volume, By Retail and eCommerce, 2021-2031F

6.1.7 Malaysia Decentralized Identity Market Revenues & Volume, By Telecom and IT, 2021-2031F

6.1.8 Malaysia Decentralized Identity Market Revenues & Volume, By Transport and Logistics, 2021-2031F

6.1.9 Malaysia Decentralized Identity Market Revenues & Volume, By Others, 2021-2031F

6.1.10 Malaysia Decentralized Identity Market Revenues & Volume, By Others, 2021-2031F

6.2 Malaysia Decentralized Identity Market, By Identity Type

6.2.1 Overview and Analysis

6.2.2 Malaysia Decentralized Identity Market Revenues & Volume, By Non- biometrics, 2021-2031F

6.2.3 Malaysia Decentralized Identity Market Revenues & Volume, By Biometrics, 2021-2031F

6.3 Malaysia Decentralized Identity Market, By End User

6.3.1 Overview and Analysis

6.3.2 Malaysia Decentralized Identity Market Revenues & Volume, By Enterprises, 2021-2031F

6.3.3 Malaysia Decentralized Identity Market Revenues & Volume, By Individual, 2021-2031F

6.4 Malaysia Decentralized Identity Market, By Organization Size

6.4.1 Overview and Analysis

6.4.2 Malaysia Decentralized Identity Market Revenues & Volume, By Large Enterprises, 2021-2031F

6.4.3 Malaysia Decentralized Identity Market Revenues & Volume, By SMEs, 2021-2031F

7 Malaysia Decentralized Identity Market Import-Export Trade Statistics

7.1 Malaysia Decentralized Identity Market Export to Major Countries

7.2 Malaysia Decentralized Identity Market Imports from Major Countries

8 Malaysia Decentralized Identity Market Key Performance Indicators

8.1 Number of organizations adopting decentralized identity solutions

8.2 Rate of growth in the blockchain technology market in Malaysia

8.3 Percentage increase in the use of digital identity verification services

9 Malaysia Decentralized Identity Market - Opportunity Assessment

9.1 Malaysia Decentralized Identity Market Opportunity Assessment, By Vertical, 2021 & 2031F

9.2 Malaysia Decentralized Identity Market Opportunity Assessment, By Identity Type, 2021 & 2031F

9.3 Malaysia Decentralized Identity Market Opportunity Assessment, By End User, 2021 & 2031F

9.4 Malaysia Decentralized Identity Market Opportunity Assessment, By Organization Size, 2021 & 2031F

10 Malaysia Decentralized Identity Market - Competitive Landscape

10.1 Malaysia Decentralized Identity Market Revenue Share, By Companies, 2024

10.2 Malaysia Decentralized Identity Market Competitive Benchmarking, By Operating and Technical Parameters

11 Company Profiles

12 Recommendations

13 Disclaimer

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Export potential assessment - trade Analytics for 2030

Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.

By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.

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