Decentralized Identifiers (DIDs) Technology Global Market Insights 2025, Analysis and Forecast to 2030, by Market Participants, Regions, Technology, Application, Product Type

February 2025 | 85 pages | ID: D141294997DCEN
Prof Research

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Decentralized Identifiers (DIDs) Technology Market Overview
The Decentralized Identifiers (DIDs) Technology Market is poised for significant growth from 2025 to 2030, driven by increasing demand for secure and privacy-preserving digital identity solutions. DIDs are a new type of identifier that enables verifiable, self-sovereign digital identities, eliminating the need for centralized authorities. This technology is gaining traction across various industries, including government, telecom, retail, and e-commerce, due to its ability to enhance security, reduce fraud, and improve user privacy.

Market Size and Growth
The global Decentralized Identifiers (DIDs) Technology Market was valued at approximately $1.2 billion in 2024 and is projected to grow at a compound annual growth rate (CAGR) of 25%-30% from 2025 to 2030. By 2030, the market is expected to reach $4.5 billion. This growth is fueled by the increasing adoption of blockchain technology, rising concerns over data privacy, and the need for secure identity verification systems.

Market Share & Trends Analysis
By Product Type

Public DIDs: Public DIDs are expected to dominate the market, accounting for 60%-65% of the total market share by 2030. These identifiers are widely used in open networks and are preferred for their transparency and interoperability.
Private DIDs: Private DIDs are anticipated to grow at a CAGR of 20%-25% during the forecast period. These identifiers are used in closed or permissioned networks, offering enhanced privacy and control over personal data.


By Key Players
The Decentralized Identifiers (DIDs) Technology Market is highly competitive, with key players such as:

Microsoft: Microsoft is a leading player in the DIDs market, offering Azure Active Directory and other identity solutions. The company is expected to hold a market share of 15%-20% by 2030.
Accenture: Accenture is focusing on integrating DIDs into its digital identity solutions, with a projected market share of 10%-12%.
Wipro: Wipro is investing in blockchain-based identity solutions, aiming for a market share of 8%-10%.
Avast (SecureKey Technologies): Avast is leveraging its expertise in cybersecurity to develop secure DIDs solutions, targeting a market share of 5%-7%.
R3: R3 is a key player in the blockchain space, with a focus on DIDs for financial services, aiming for a market share of 6%-8%.
Ping Identity: Ping Identity is expected to capture 5%-6% of the market with its identity and access management solutions.
Finema: Finema is a rising player in the DIDs market, focusing on blockchain-based identity solutions, with a projected market share of 3%-4%.
Galxe: Galxe is emerging as a key player in the DIDs space, targeting a market share of 2%-3%.
Polygon ID: Polygon ID is gaining traction in the DIDs market, with a projected market share of 2%-3%.
Worldcoin: Worldcoin is focusing on decentralized identity solutions, aiming for a market share of 1%-2%.


By Process
The DIDs market is segmented by process into:

Identity Verification: This segment is expected to grow at a CAGR of 22%-25%, driven by the need for secure and efficient identity verification processes.
Authentication: The authentication segment is projected to grow at a CAGR of 20%-23%, as organizations increasingly adopt multi-factor authentication solutions.
Data Sharing: Data sharing using DIDs is anticipated to grow at a CAGR of 18%-20%, as businesses seek to enhance data privacy and security.


By Application
The DIDs market is segmented by application into:

Government: The government sector is expected to account for 30%-35% of the market share by 2030, driven by the adoption of DIDs for secure citizen identification and e-governance.
Telecom and IT: The telecom and IT sector is projected to grow at a CAGR of 25%-28%, as companies adopt DIDs for secure customer authentication and data protection.
Retail and E-Commerce: The retail and e-commerce sector is anticipated to grow at a CAGR of 20%-22%, driven by the need for secure online transactions and customer identity verification.
Other: Other applications, including healthcare and education, are expected to grow at a CAGR of 15%-18%.


By End-Use
The DIDs market is segmented by end-use into:

Enterprises: Enterprises are expected to account for 50%-55% of the market share by 2030, driven by the adoption of DIDs for secure employee authentication and data access.
Individuals: The individual segment is projected to grow at a CAGR of 18%-20%, as consumers increasingly seek control over their digital identities.


By Region
The DIDs market is segmented by region into:

North America: North America is expected to dominate the market, accounting for 40%-45% of the global market share by 2030, driven by the presence of key players and early adoption of DIDs technology.
Europe: Europe is projected to grow at a CAGR of 20%-22%, driven by stringent data privacy regulations and the adoption of DIDs in government and healthcare sectors.
Asia-Pacific: The Asia-Pacific region is anticipated to grow at a CAGR of 25%-28%, driven by rapid digitalization and the adoption of DIDs in emerging economies.
Latin America: Latin America is expected to grow at a CAGR of 15%-18%, driven by increasing awareness of digital identity solutions.
Middle East & Africa: The Middle East & Africa region is projected to grow at a CAGR of 12%-15%, driven by the adoption of DIDs in government and financial services.


Market News on Policy and Companies
Policy Developments: Governments worldwide are increasingly recognizing the importance of decentralized identity solutions. In 2024, the European Union introduced the eIDAS 2.0 regulation, which mandates the use of DIDs for secure digital identities. Similarly, the U.S. government is exploring the use of DIDs for federal identity verification, with pilot projects expected to launch in 2025.

Company News: Key players in the DIDs market are actively investing in research and development to enhance their offerings. In 2024, Microsoft announced a partnership with the Decentralized Identity Foundation (DIF) to develop interoperable DIDs solutions. Accenture launched a new blockchain-based identity platform, while Wipro acquired a startup specializing in decentralized identity solutions to strengthen its market position.

Segment Forecasts, 2025 - 2030
The Decentralized Identifiers (DIDs) Technology Market is expected to witness robust growth across all segments from 2025 to 2030. The market will be driven by increasing adoption in government, telecom, and retail sectors, as well as the growing demand for secure and privacy-preserving digital identity solutions. Key trends such as the integration of DIDs with blockchain technology, the rise of self-sovereign identity, and the development of interoperable DIDs solutions will shape the market landscape in the coming years.

In conclusion, the Decentralized Identifiers (DIDs) Technology Market is set for exponential growth, with significant opportunities for key players and new entrants. As the world moves towards a more decentralized and secure digital identity ecosystem, DIDs will play a crucial role in shaping the future of identity verification and authentication.
CHAPTER 1 EXECUTIVE SUMMARY

CHAPTER 2 ABBREVIATION AND ACRONYMS

CHAPTER 3 PREFACE

3.1 Research Scope
3.2 Research Sources
  3.2.1 Data Sources
  3.2.2 Assumptions
3.3 Research Method
Chapter Four Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users

CHAPTER 5 MARKET TREND ANALYSIS

5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats

CHAPTER 6 INDUSTRY CHAIN ANALYSIS

6.1 Upstream/Suppliers Analysis
6.2 Decentralized Identifiers (Dids) Technology Analysis
  6.2.1 Technology Analysis
  6.2.2 Cost Analysis
  6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users

CHAPTER 7 LATEST MARKET DYNAMICS

7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics

CHAPTER 8 HISTORICAL AND FORECAST DECENTRALIZED IDENTIFIERS (DIDS) TECHNOLOGY MARKET IN NORTH AMERICA (2020-2030)

8.1 Decentralized Identifiers (Dids) Technology Market Size
8.2 Decentralized Identifiers (Dids) Technology Market by End Use
8.3 Competition by Players/Suppliers
8.4 Decentralized Identifiers (Dids) Technology Market Size by Type
8.5 Key Countries Analysis
  8.5.1 United States
  8.5.2 Canada
  8.5.3 Mexico

CHAPTER 9 HISTORICAL AND FORECAST DECENTRALIZED IDENTIFIERS (DIDS) TECHNOLOGY MARKET IN SOUTH AMERICA (2020-2030)

9.1 Decentralized Identifiers (Dids) Technology Market Size
9.2 Decentralized Identifiers (Dids) Technology Market by End Use
9.3 Competition by Players/Suppliers
9.4 Decentralized Identifiers (Dids) Technology Market Size by Type
9.5 Key Countries Analysis
  9.5.1 Brazil
  9.5.2 Argentina
  9.5.3 Chile
  9.5.4 Peru

CHAPTER 10 HISTORICAL AND FORECAST DECENTRALIZED IDENTIFIERS (DIDS) TECHNOLOGY MARKET IN ASIA & PACIFIC (2020-2030)

10.1 Decentralized Identifiers (Dids) Technology Market Size
10.2 Decentralized Identifiers (Dids) Technology Market by End Use
10.3 Competition by Players/Suppliers
10.4 Decentralized Identifiers (Dids) Technology Market Size by Type
10.5 Key Countries Analysis
  10.5.1 China
  10.5.2 India
  10.5.3 Japan
  10.5.4 South Korea
  10.5.5 Southest Asia
  10.5.6 Australia

CHAPTER 11 HISTORICAL AND FORECAST DECENTRALIZED IDENTIFIERS (DIDS) TECHNOLOGY MARKET IN EUROPE (2020-2030)

11.1 Decentralized Identifiers (Dids) Technology Market Size
11.2 Decentralized Identifiers (Dids) Technology Market by End Use
11.3 Competition by Players/Suppliers
11.4 Decentralized Identifiers (Dids) Technology Market Size by Type
11.5 Key Countries Analysis
  11.5.1 Germany
  11.5.2 France
  11.5.3 United Kingdom
  11.5.4 Italy
  11.5.5 Spain
  11.5.6 Belgium
  11.5.7 Netherlands
  11.5.8 Austria
  11.5.9 Poland
  11.5.10 Russia

CHAPTER 12 HISTORICAL AND FORECAST DECENTRALIZED IDENTIFIERS (DIDS) TECHNOLOGY MARKET IN MEA (2020-2030)

12.1 Decentralized Identifiers (Dids) Technology Market Size
12.2 Decentralized Identifiers (Dids) Technology Market by End Use
12.3 Competition by Players/Suppliers
12.4 Decentralized Identifiers (Dids) Technology Market Size by Type
12.5 Key Countries Analysis
  12.5.1 Egypt
  12.5.2 Israel
  12.5.3 South Africa
  12.5.4 Gulf Cooperation Council Countries
  12.5.5 Turkey

CHAPTER 13 SUMMARY FOR GLOBAL DECENTRALIZED IDENTIFIERS (DIDS) TECHNOLOGY MARKET (2020-2025)

13.1 Decentralized Identifiers (Dids) Technology Market Size
13.2 Decentralized Identifiers (Dids) Technology Market by End Use
13.3 Competition by Players/Suppliers
13.4 Decentralized Identifiers (Dids) Technology Market Size by Type

CHAPTER 14 GLOBAL DECENTRALIZED IDENTIFIERS (DIDS) TECHNOLOGY MARKET FORECAST (2025-2030)

14.1 Decentralized Identifiers (Dids) Technology Market Size Forecast
14.2 Decentralized Identifiers (Dids) Technology Application Forecast
14.3 Competition by Players/Suppliers
14.4 Decentralized Identifiers (Dids) Technology Type Forecast

CHAPTER 15 ANALYSIS OF GLOBAL KEY VENDORS

15.1 Microsoft
  15.1.1 Company Profile
  15.1.2 Main Business and Decentralized Identifiers (DIDs) Technology Information
  15.1.3 SWOT Analysis of Microsoft
  15.1.4 Microsoft Decentralized Identifiers (DIDs) Technology Revenue, Gross Margin and Market Share (2020-2025)
15.2 Accenture
  15.2.1 Company Profile
  15.2.2 Main Business and Decentralized Identifiers (DIDs) Technology Information
  15.2.3 SWOT Analysis of Accenture
  15.2.4 Accenture Decentralized Identifiers (DIDs) Technology Revenue, Gross Margin and Market Share (2020-2025)
15.3 Wipro
  15.3.1 Company Profile
  15.3.2 Main Business and Decentralized Identifiers (DIDs) Technology Information
  15.3.3 SWOT Analysis of Wipro
  15.3.4 Wipro Decentralized Identifiers (DIDs) Technology Revenue, Gross Margin and Market Share (2020-2025)
15.4 Avast (SecureKey Technologies)
  15.4.1 Company Profile
  15.4.2 Main Business and Decentralized Identifiers (DIDs) Technology Information
  15.4.3 SWOT Analysis of Avast (SecureKey Technologies)
  15.4.4 Avast (SecureKey Technologies) Decentralized Identifiers (DIDs) Technology Revenue, Gross Margin and Market Share (2020-2025)
15.5 R3
  15.5.1 Company Profile
  15.5.2 Main Business and Decentralized Identifiers (DIDs) Technology Information
  15.5.3 SWOT Analysis of R3
  15.5.4 R3 Decentralized Identifiers (DIDs) Technology Revenue, Gross Margin and Market Share (2020-2025)
15.6 Ping Identity
  15.6.1 Company Profile
  15.6.2 Main Business and Decentralized Identifiers (DIDs) Technology Information
  15.6.3 SWOT Analysis of Ping Identity
  15.6.4 Ping Identity Decentralized Identifiers (DIDs) Technology Revenue, Gross Margin and Market Share (2020-2025)
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Tables and Figures
Table Abbreviation and Acronyms
Table Research Scope of Decentralized Identifiers (Dids) Technology Report
Table Data Sources of Decentralized Identifiers (Dids) Technology Report
Table Major Assumptions of Decentralized Identifiers (Dids) Technology Report
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Decentralized Identifiers (Dids) Technology Picture
Table Decentralized Identifiers (Dids) Technology Classification
Table Decentralized Identifiers (Dids) Technology Applications
Table Drivers of Decentralized Identifiers (Dids) Technology Market
Table Restraints of Decentralized Identifiers (Dids) Technology Market
Table Opportunities of Decentralized Identifiers (Dids) Technology Market
Table Threats of Decentralized Identifiers (Dids) Technology Market
Table Covid-19 Impact For Decentralized Identifiers (Dids) Technology Market
Table Raw Materials Suppliers
Table Different Production Methods of Decentralized Identifiers (Dids) Technology
Table Cost Structure Analysis of Decentralized Identifiers (Dids) Technology
Table Key End Users
Table Latest News of Decentralized Identifiers (Dids) Technology Market
Table Merger and Acquisition
Table Planned/Future Project of Decentralized Identifiers (Dids) Technology Market
Table Policy of Decentralized Identifiers (Dids) Technology Market
Table 2020-2030 North America Decentralized Identifiers (Dids) Technology Market Size
Figure 2020-2030 North America Decentralized Identifiers (Dids) Technology Market Size and CAGR
Table 2020-2030 North America Decentralized Identifiers (Dids) Technology Market Size by Application
Table 2020-2025 North America Decentralized Identifiers (Dids) Technology Key Players Revenue
Table 2020-2025 North America Decentralized Identifiers (Dids) Technology Key Players Market Share
Table 2020-2030 North America Decentralized Identifiers (Dids) Technology Market Size by Type
Table 2020-2030 United States Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Canada Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Mexico Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 South America Decentralized Identifiers (Dids) Technology Market Size
Figure 2020-2030 South America Decentralized Identifiers (Dids) Technology Market Size and CAGR
Table 2020-2030 South America Decentralized Identifiers (Dids) Technology Market Size by Application
Table 2020-2025 South America Decentralized Identifiers (Dids) Technology Key Players Revenue
Table 2020-2025 South America Decentralized Identifiers (Dids) Technology Key Players Market Share
Table 2020-2030 South America Decentralized Identifiers (Dids) Technology Market Size by Type
Table 2020-2030 Brazil Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Argentina Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Chile Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Peru Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Asia & Pacific Decentralized Identifiers (Dids) Technology Market Size
Figure 2020-2030 Asia & Pacific Decentralized Identifiers (Dids) Technology Market Size and CAGR
Table 2020-2030 Asia & Pacific Decentralized Identifiers (Dids) Technology Market Size by Application
Table 2020-2025 Asia & Pacific Decentralized Identifiers (Dids) Technology Key Players Revenue
Table 2020-2025 Asia & Pacific Decentralized Identifiers (Dids) Technology Key Players Market Share
Table 2020-2030 Asia & Pacific Decentralized Identifiers (Dids) Technology Market Size by Type
Table 2020-2030 China Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 India Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Japan Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 South Korea Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Southeast Asia Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Australia Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Europe Decentralized Identifiers (Dids) Technology Market Size
Figure 2020-2030 Europe Decentralized Identifiers (Dids) Technology Market Size and CAGR
Table 2020-2030 Europe Decentralized Identifiers (Dids) Technology Market Size by Application
Table 2020-2025 Europe Decentralized Identifiers (Dids) Technology Key Players Revenue
Table 2020-2025 Europe Decentralized Identifiers (Dids) Technology Key Players Market Share
Table 2020-2030 Europe Decentralized Identifiers (Dids) Technology Market Size by Type
Table 2020-2030 Germany Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 France Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 United Kingdom Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Italy Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Spain Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Belgium Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Netherlands Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Austria Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Poland Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Russia Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 MEA Decentralized Identifiers (Dids) Technology Market Size
Figure 2020-2030 MEA Decentralized Identifiers (Dids) Technology Market Size and CAGR
Table 2020-2030 MEA Decentralized Identifiers (Dids) Technology Market Size by Application
Table 2020-2025 MEA Decentralized Identifiers (Dids) Technology Key Players Revenue
Table 2020-2025 MEA Decentralized Identifiers (Dids) Technology Key Players Market Share
Table 2020-2030 MEA Decentralized Identifiers (Dids) Technology Market Size by Type
Table 2020-2030 Egypt Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Israel Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 South Africa Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Gulf Cooperation Council Countries Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2030 Turkey Decentralized Identifiers (Dids) Technology Market Size
Table 2020-2025 Global Decentralized Identifiers (Dids) Technology Market Size by Region
Table 2020-2025 Global Decentralized Identifiers (Dids) Technology Market Size Share by Region
Table 2020-2025 Global Decentralized Identifiers (Dids) Technology Market Size by Application
Table 2020-2025 Global Decentralized Identifiers (Dids) Technology Market Share by Application
Table 2020-2025 Global Decentralized Identifiers (Dids) Technology Key Vendors Revenue
Figure 2020-2025 Global Decentralized Identifiers (Dids) Technology Market Size and Growth Rate
Table 2020-2025 Global Decentralized Identifiers (Dids) Technology Key Vendors Market Share
Table 2020-2025 Global Decentralized Identifiers (Dids) Technology Market Size by Type
Table 2020-2025 Global Decentralized Identifiers (Dids) Technology Market Share by Type
Table 2025-2030 Global Decentralized Identifiers (Dids) Technology Market Size by Region
Table 2025-2030 Global Decentralized Identifiers (Dids) Technology Market Size Share by Region
Table 2025-2030 Global Decentralized Identifiers (Dids) Technology Market Size by Application
Table 2025-2030 Global Decentralized Identifiers (Dids) Technology Market Share by Application
Table 2025-2030 Global Decentralized Identifiers (Dids) Technology Key Vendors Revenue
Figure 2025-2030 Global Decentralized Identifiers (Dids) Technology Market Size and Growth Rate
Table 2025-2030 Global Decentralized Identifiers (Dids) Technology Key Vendors Market Share
Table 2025-2030 Global Decentralized Identifiers (Dids) Technology Market Size by Type
Table 2025-2030 Decentralized Identifiers (Dids) Technology Global Market Share by Type


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