Decentralized Identity Market Overview: Current State and Future Trends The global decentralized identity market was valued at USD 647.80 million in 2022 and is projected to expand at an impressive compound annual growth rate (CAGR) of 90.3% from 2023 to 2030. This market growth is driven by heightened privacy and security concerns in the digital space. In traditional, centralized identity systems, users have limited control over their personal data, leading to...
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