2024 Gartner® Market Guide for Decentralized Identity

Discover the future of digital identity management with the latest Gartner ‘Market Guide for Decentralized Identity’.

Condatis has historically been well-known as an identity consultancy for our specialism in Identity and Access Management solutions that leverage Azure AD B2C. Now, our expertise has expanded to encompass the entire Microsoft Entra stack. Since the pandemic, and our work in a number of innovative projects with clients such as the NHS, Sellafield, University College London (UCL), and a forward-thinking client in the Middle East, we have been using our industry knowledge and experience to invest in a decentralized engineering platform, Condatis Credential Gateway soon to be rebranded as Cenda.

We are delighted to be recognised as a Representative Vendor in the Gartner ‘Market Guide for Decentralized Identity’. With complimentary access to this Market Guide, explore why the shift to decentralized identity is crucial and why organisations need to prepare for this, with key developments and recommendations from Gartner.

 

Key Findings:

  • “The market for decentralized identity (DCI) will be driven not by economic models or even collections of functionality, but by opportunity cost on a use-case-by-use-case basis.”
  • “The market for digital identity is evolving as more vendors provide products. These range from digital wallets devoted to payments to offerings that support cryptocurrency and verifiable credentials (VCs) containing identity data.”
  • “Some governments are making significant moves toward developing identity wallets, having begun with implementations to track COVID-19 vaccinations and continued by introducing mobile driver’s licenses, national ID cards and digital passports. These developments are culminating in a variety of DCI use cases in the public sector.”
  • “Security and privacy for identity data remain lacking.”
  • “Blockchain-based identity and privacy-preserving protocols are becoming viable alternatives to conventional identity and access management (IAM) approaches by including the ability to comply with regulations like know your customer (KYC) and anti-money-laundering (AML) rules.”

 

“We believe we are recognised as a Representative Vendor for our contributions and continued work to this rapidly evolving field. This insightful research highlights the pivotal shift towards decentralized identity, emphasising the need for security and risk management leaders to adapt to new paradigms in identity management. “The primary benefits of DCI are privacy, anonymity and user autonomy.’’ Gartner recommends to explore how DCI can enable compliance with regulations by tracking early developments in the market for KYC and AML DCI use cases and developments in protocols.

Our commitment is to deliver innovation in the market, empowering users through verifiable credentials, decentralized identity, and cutting-edge technologies to develop future-proof solutions for digital identity challenges.”

– Chris Tate, CEO, Condatis

 

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Source: Gartner, Market Guide for Decentralized Identity. Michael Kelley, Akif Khan. 8 July 2024