Re: CESG's hobby is promoting applications for IBE
Absolutely - I agree. This is why HMG likes it (plus licencing etc). However, certificate based has the same problem - just that it's called a trusted root CA. You can roll your own root CA for a private community, and you can roll your own KMS likewise.
IMHO a larger issue of IBE is that the KMS/PKG needs to be online, whereas a root CA can be offline/air-gapped.