Product Code: ETC4386190 | Publication Date: Jul 2023 | Updated Date: Aug 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The decentralized identity market in the UK is growing as businesses and governments adopt blockchain-based identity solutions. These solutions offer enhanced security, privacy, and control over personal data. The market is driven by the need for secure identity verification methods in various sectors, including finance, healthcare, and government services.
The decentralized identity market in the UK is driven by the increasing demand for secure and privacy-preserving identity solutions. The growing concerns over data breaches and identity theft push the adoption of decentralized identity systems. Government initiatives to promote digital identity frameworks and the rise of blockchain technology as a secure method for identity verification are significant drivers. Additionally, the need for interoperability and user-centric identity management solutions fuels market growth.
Challenges in the UK decentralized identity market revolve around regulatory compliance, interoperability between different identity systems, and gaining user trust in decentralized platforms. Scalability, integration with existing identity management systems, and addressing privacy concerns are also significant challenges.
With a focus on data protection and privacy, UK policies encourage the adoption of decentralized identity solutions. Government initiatives promote standards that safeguard personal information while enabling secure and efficient digital transactions across various sectors.
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 United Kingdom (UK) Decentralized Identity Market Overview |
3.1 United Kingdom (UK) Country Macro Economic Indicators |
3.2 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, 2021 & 2031F |
3.3 United Kingdom (UK) Decentralized Identity Market - Industry Life Cycle |
3.4 United Kingdom (UK) Decentralized Identity Market - Porter's Five Forces |
3.5 United Kingdom (UK) Decentralized Identity Market Revenues & Volume Share, By Vertical, 2021 & 2031F |
3.6 United Kingdom (UK) Decentralized Identity Market Revenues & Volume Share, By Identity Type, 2021 & 2031F |
3.7 United Kingdom (UK) Decentralized Identity Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.8 United Kingdom (UK) Decentralized Identity Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 United Kingdom (UK) Decentralized Identity Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing concerns over data privacy and security |
4.2.2 Growing adoption of blockchain technology |
4.2.3 Regulatory push for digital identity solutions |
4.3 Market Restraints |
4.3.1 Lack of standardized protocols for decentralized identity |
4.3.2 Potential resistance from traditional identity management systems |
4.3.3 Limited awareness and understanding of decentralized identity solutions |
5 United Kingdom (UK) Decentralized Identity Market Trends |
6 United Kingdom (UK) Decentralized Identity Market, By Types |
6.1 United Kingdom (UK) Decentralized Identity Market, By Vertical |
6.1.1 Overview and Analysis |
6.1.2 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Vertical, 2021-2031F |
6.1.3 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By BFSI, 2021-2031F |
6.1.4 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Government, 2021-2031F |
6.1.5 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Healthcare and Life Sciences, 2021-2031F |
6.1.6 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Retail and eCommerce, 2021-2031F |
6.1.7 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Telecom and IT, 2021-2031F |
6.1.8 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Transport and Logistics, 2021-2031F |
6.1.9 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Others, 2021-2031F |
6.1.10 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Others, 2021-2031F |
6.2 United Kingdom (UK) Decentralized Identity Market, By Identity Type |
6.2.1 Overview and Analysis |
6.2.2 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Non- biometrics, 2021-2031F |
6.2.3 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Biometrics, 2021-2031F |
6.3 United Kingdom (UK) Decentralized Identity Market, By End User |
6.3.1 Overview and Analysis |
6.3.2 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Enterprises, 2021-2031F |
6.3.3 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Individual, 2021-2031F |
6.4 United Kingdom (UK) Decentralized Identity Market, By Organization Size |
6.4.1 Overview and Analysis |
6.4.2 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.4.3 United Kingdom (UK) Decentralized Identity Market Revenues & Volume, By SMEs, 2021-2031F |
7 United Kingdom (UK) Decentralized Identity Market Import-Export Trade Statistics |
7.1 United Kingdom (UK) Decentralized Identity Market Export to Major Countries |
7.2 United Kingdom (UK) Decentralized Identity Market Imports from Major Countries |
8 United Kingdom (UK) Decentralized Identity Market Key Performance Indicators |
8.1 Number of active decentralized identity users in the UK |
8.2 Adoption rate of decentralized identity solutions by government agencies and enterprises |
8.3 Number of partnerships between technology firms and decentralized identity providers in the UK |
9 United Kingdom (UK) Decentralized Identity Market - Opportunity Assessment |
9.1 United Kingdom (UK) Decentralized Identity Market Opportunity Assessment, By Vertical, 2021 & 2031F |
9.2 United Kingdom (UK) Decentralized Identity Market Opportunity Assessment, By Identity Type, 2021 & 2031F |
9.3 United Kingdom (UK) Decentralized Identity Market Opportunity Assessment, By End User, 2021 & 2031F |
9.4 United Kingdom (UK) Decentralized Identity Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 United Kingdom (UK) Decentralized Identity Market - Competitive Landscape |
10.1 United Kingdom (UK) Decentralized Identity Market Revenue Share, By Companies, 2024 |
10.2 United Kingdom (UK) Decentralized Identity Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |