The global blockchain identity management market is forecasted to grow from USD 1.3 billion in 2023 to USD 35.1 billion by 2028, with an impressive CAGR of 92.7% over the forecast period.
The expansion of the blockchain identity management market is propelled by a significant increase in the digital identity ecosystem, rendering them a primary focus for hackers. The demand for secure and decentralized solutions in managing user identities and virtual assets has further contributed to the growth of the blockchain identity management market.
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