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Digital Identity Solutions Market Growth Opportunities to 2025

  • Report

  • 60 Pages
  • October 2021
  • Region: Global
  • Frost & Sullivan
  • ID: 5457885

Surge in Digital Transactions and Increase in Cases of Identity Theft Driving Future Growth Potential

The focus of the report is on the digital identification documents issued by governments and private sectors to uniquely identify people and efficiently run public and private welfare programs and other facilities. The study aims to provide public security & identity businesses with national-digital-identity-related market intelligence. It identifies the growth opportunities in the digital identity market and underlines the future outlook on opportunities across regions and segments.


The study will assess the global digital identity programs by identifying the following:

  • Market trends
  • Drivers and restraints
  • Key technologies and suppliers
  • Key developments by country and region
  • Known contracts and suppliers in digital identity market globally

Research Scope

  • Product Scope: Industry Mega Trends
  • Geographic Scope: Global
  • End-user Segments: Critical national infrastructure, commercial, government, security

Research Highlights

This study discusses the key aspects of digital identity programs and identifies potential use cases, trends, current applications, and future opportunities across the critical national infrastructure, public safety & security, and banking & finance sectors. It also details the drivers, restraints, and trends and examines their impact on applications across the regions and segments covered. All security industry participants and the rest of the industry verticals will benefit from this study as it investigates the big picture perspectives of the digital identity market and provides insight into how the technology is set to evolve and influence the security market’s growth. Technology companies looking to feed into the digital transformation Mega Trends across the industries will also benefit from this study as it examines their potential role in the future of this market.


Table of Contents

1. Strategic Imperatives
  • Why is it Increasingly Difficult to Grow?
  • The Strategic Imperative 8™
  • The Impact of the Top Three Strategic Imperatives on Digital Identity Industry
  • Growth Opportunities Fuel the Growth Pipeline Engine™
  • Digital Identity Programs - Research Scope
  • Market Overview - Digital Identity Market
  • Requirement Overview - Digital Identity Market
  • Core Needs for Digital ID Systems
  • The Need for Unified National Identification Systems
  • Evolving Identity Crisis
  • Terrorism Driving Need for Robust Identity Management Solutions
  • Governments Adopting Digital Strategies
  • Evolution of Identity Authentication Techniques
  • Taxonomy of Biometrics Applications in Digital Identity Management
  • Authentication Approaches for Digital ID Programs
  • Digital Identity Process Breakdown
  • World Bank ID4D Initiative and Approach
  • Key Trends Across Sectors
  • Growth Drivers - Digital Identity Market
  • Growth Restraints - Digital Identity Market


2. Evolving Business Models - Identity-as-a-Service in the Private Sector
  • Digital-Identity-as-a-Service - Identification Everywhere
  • CLEAR - Airport Security Process Optimization
  • Onfido - Identity-Management-as-a-Service
  • Airport Security - Known Traveller Digital Identity System Powered by Blockchain


3. Regional Analysis
  • Major Digital Identity Initiatives and Investments
  • Market Analysis by Region - Digital Identity Market
  • Major National Digital Identity Programs


4. Competitive Environment
  • Competitive Environment - Digital Identity Market
  • Key Contracts for Digital Identity Management


5. Global Regulations for Digital Data Protection and Privacy
  • Data Protection and Privacy Regulations for Digital Identity Management
  • Legislative Trends - Mandates for Enhanced Security
  • Global Standards for Biometric Applications in Digital Identity Management


6. Growth Opportunity Universe - Digital Identity Market
  • Growth Opportunity 1: Advanced Cyber Security for Digital Identity, 2023
  • Growth Opportunity 2: Block Chain Powered Digital Identity Solutions, 2025
    • Block Chain Powered Digital Identity Management - Healthcare Security Application

  • Growth Opportunity 3: Portable Biometric Readers/Kiosks for Digital Identity Management, 2023
    • State of the Industry - Need for Portable Systems for Remote Credentialing/Digital Identity Verification

  • Growth Opportunities and Way Forward


7. List of Exhibits

Companies Mentioned (Partial List)

A selection of companies mentioned in this report includes, but is not limited to:

  • Onfido