Blockchain-oriented Services Industry Data Book - Decentralized Finance, Blockchain Messaging Apps, Decentralized Identity, Non-fungible Token, Web 3.0 Blockchain Market Size, Share, Trends Analysis, And Segment Forecasts, 2023 - 2030

Grand View Research’s blockchain-oriented services industry databook is a collection of market sizing information & forecasts, regulatory data, reimbursement structure, competitive benchmarking analyses, macro-environmental analyses, and regulatory & technological framework studies. Within the purview of the database, all such information is systematically analyzed and provided in the form of presentations and detailed outlook reports on individual areas of research.

Access the Global Blockchain-oriented Services Industry Data Book, 2023 to 2030, compiled with details like trade data, pricing intelligence, and competitive benchmarking.

Blockchain Messaging Apps Market Report Highlights

The global Blockchain Messaging Apps Market size was valued at USD 0.02 billion in 2021 and is expected to grow at a compound annual growth rate (CAGR) of 43.6% from 2022 to 2030.

• The android segment dominated the market in 2021. Android is a cost-effective and high-functionality operating system preferred by individuals, contributing to the segment’s growth
• The message segment dominated the market in 2021. The rising demand for secured and decentralized blockchain-based messaging apps from businesses and individuals is expected to drive the growth of the segment during the forecast period
• The individual segment is expected to emerge as the fastest-growing segment during the forecast period. The growth of the segment is attributed to the growing popularity of cryptocurrency and features such as requesting money and transferring cryptocurrency through chat to other contacts
• The Asia Pacific regional market is expected to register rapid growth during the forecast period. The increasing digitalization and adoption of new technologies across the region are expected to increase the adoption of blockchain messaging apps

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Decentralized Identity Market Report Highlights

The global Decentralized Identity Market size was valued at USD 0.38 billion in 2021 and is expected to grow at compound annual growth rate (CAGR) of 88.2% from 2022 to 2030.

• In terms of identity type, the biometrics segment is anticipated to register the fastest CAGR of 91.5% over the forecast period. The increasing launches of biometric identification platforms from some of the major firms, including, Innovatrics, and IDEMIA, among others, are expected to drive the growth of the segment
• In terms of end-user, the individual segment is projected to register the fastest CAGR of 91.6% over the forecast period as individuals progressively recognize the benefits of owning and managing their own digital identities. With rising concerns about privacy and data security, individuals are seeking decentralized identity solutions that provide them with greater control, transparency, and trust in their online interactions
• In terms of enterprise size, the small & medium enterprises segment is anticipated to register the fastest CAGR of 90.8% over the forecast period. The growth of the segment can be attributed to the growing digitalization across all SMEs worldwide
• In terms of vertical, the BFSI segment dominated the market in 2022 with a revenue share of 18.96%. The BFSI industry recognizes the potential of decentralized identity solutions in improving customer authentication, preventing fraud, and improving regulatory compliance. Therefore, BFSI organizations are actively adopting decentralized identity technologies to improve their digital identity management capabilities and ensure secure and trusted interactions with their customers
• In terms of region, the Asia Pacific regional market is projected to register the fastest CAGR of 91.9% over the forecast period. The increasing demand for decentralized identity solutions across the region is anticipated to play a vital role in driving the growth of the regional market

Go through the table of content of Blockchain-oriented services Industry Data Book to get a better understanding of the Coverage and Scope of the study

Competitive Landscape

The key players in the market are focused on strategies, such as mergers & acquisitions, partnerships, and collaboration to strengthen their market position.

Key players operating in the Blockchain-oriented services Industry are:

• Compound Labs, Inc.
• MakerDAO
• Aave
• Crypviser
• YellowHeart, LLC.

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About Grand View Research

Grand View Research, U.S.-based market research and consulting company, provides syndicated as well as customized research reports and consulting services. Registered in California and headquartered in San Francisco, the company comprises over 425 analysts and consultants, adding more than 1200 market research reports to its vast database each year. These reports offer in-depth analysis on 46 industries across 25 major countries worldwide. With the help of an interactive market intelligence platform, Grand View Research helps Fortune 500 companies and renowned academic institutes understand the global and regional business environment and gauge the opportunities that lie ahead. 

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