Research Methodology – Self-Sovereign Identity (Ssi) Market
At Straits Research, we adopt a rigorous 360° research approach that integrates both primary and secondary research methodologies. This ensures accuracy, reliability, and actionable insights for stakeholders. Our methodology for the Self-Sovereign Identity (Ssi) Market comprises the following key stages:
Market Indicator & Macro-Factor Analysis
Our baseline thesis for the Self-Sovereign Identity (Ssi) Market is developed by integrating key market indicators and macroeconomic variables. These include:
Factors considered while calculating market size and share
- Adoption rate of Self-Sovereign Identity (SSI) solutions across different sectors.
- Investments made by businesses in blockchain-based identity management solutions.
- The overall budget allocated by businesses for digital identity management.
- The price range of different SSI solution packages.
- Geographical reach of SSI providers.
- Volume of sales and subscriptions of SSI solutions.
Key Market Indicators
- The number of organisations implementing SSI solutions.
- Growth in the number of SSI solution providers.
- Development and innovation in SSI solution technologies.
- Trends in investment in SSI and related technologies.
- Regulatory developments encouraging or affecting the use of SSI.
- Market penetration of SSI in different industries.
Growth Trends
- Increased focus on privacy and control in digital identity management.
- Growing understanding and adoption of blockchain technology.
- Integration of SSI with the growing trend of digital transformation in businesses.
- Inclination toward decentralization in digital identity management.
- Greater emphasis on compliance and security on digital platforms increasing the demand for SSI.
- Expansion of the digital economy requiring robust and reliable digital identity solutions.
Secondary Research
Our secondary research forms the foundation of market understanding and scope definition. We collect and analyze information from multiple reliable sources to map the overall ecosystem of the Self-Sovereign Identity (Ssi) Market. Key inputs include:
- Annual reports, investor presentations, SEC filings
- Company press releases and product launch announcements
- Public executive interviews and earnings calls
- Strategy briefings and M&A updates
- Country-level industry associations and trade bodies
- Government dossiers, policy frameworks, and official releases
- Whitepapers, working papers, and public R&D initiatives
- Relevant Associations for the Self-Sovereign Identity (Ssi) Market
- Broker reports and financial analyst coverage
- Paid databases (Hoovers, Factiva, Refinitiv, Reuters, Statista, etc.)
- Import/export trade data and tariff databases
- Sector-specific journals, magazines, and news portals
- Global macroeconomic indicators and their cascading effect on the industry
- Demand–supply outlook and value chain analysis
- Consumer behaviour, adoption rates, and commercialization trends
Primary Research
To validate and enrich our secondary findings, we conduct extensive primary research with industry stakeholders across the value chain. This ensures we capture both qualitative insights and quantitative validation. Our primary research includes:
- Key Opinion Leader (KOL) Engagements
- Structured interviews with executives, product managers, and domain experts
- Paid and barter-based interviews across manufacturers, distributors, and end-users
- Discussions with stakeholders to validate demand-supply gaps
- Group discussions on emerging technologies, regulatory shifts, and adoption barriers
- Cross-verification of market sizing and forecasts with industry insiders
- Capturing business perspectives on growth opportunities and restraints
Data Triangulation & Forecasting
The final step of our research involves data triangulation ensuring accuracy through cross-verification of:
- Demand-side analysis (consumption patterns, adoption trends, customer spending)
- Supply-side analysis (production, capacity, distribution, and market availability)
- Macroeconomic & microeconomic impact factors
- Time-series analysis
- Regression and correlation studies
- Baseline modeling
- Expert validation at each stage
Outcome
The outcome is a comprehensive and validated market model that captures:
- Market sizing (historical, current, forecast)
- Growth drivers and restraints
- Opportunity mapping and investment hotspots
- Competitive positioning and strategic insights
Available for purchase with detailed segment data, forecasts, and regional insights.
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