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The identity verification market is forecasted to grow by USD 16.92 billion during 2023-2028, accelerating at a CAGR of 20.3% during the forecast period. The report on the identity verification market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.Speak directly to the analyst to clarify any post sales queries you may have.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increase in digitalization with electronic ID (eID) cards and smart infrastructure initiatives, surging data thefts across the world, and need to comply with regulatory requirements for data protection.
The identity verification market is segmented as below:
By Component
- Solutions
- Services
By Type
- Large enterprises
- SMEs
By Geographical Landscape
- North America
- APAC
- Europe
- South America
- Middle East and Africa
The report on the identity verification market covers the following areas:
- Identity verification market sizing
- Identity verification market forecast
- Identity verification market industry analysis
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The report presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
Table of Contents
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by Component
7 Market Segmentation by Type
8 Customer Landscape
9 Geographic Landscape
10 Drivers, Challenges, and Opportunity/Restraints
11 Competitive Landscape
12 Competitive Analysis
13 Appendix
List of Exhibits
Executive Summary
The following companies are recognized as the key players in the identity verification market: Applied Recognition Corp., Authenteq Tarbena GmbH, Equifax Inc., Experian PLC, GB Group PLC, Gen Digital Inc., ID Merit, Intellicheck Inc., Jumio Corp., Khosla Labs Pvt. Ltd., Mastercard Inc., Mitek Systems Inc., Onfido, PXL Vision AG, RELX PLC, Shufti Pro Ltd., Thales Group, TransUnion, UAB iDenfy., and WebID Solutions GmbH.Commenting on the report, an analyst from the research team said: "The latest trend gaining momentum in the market is growing adoption of bring your own device (BYOD) among enterprises."
According to the report, one of the major drivers for this market is the increase in digitalization with electronic ID (eID) cards and smart infrastructure initiatives.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- Applied Recognition Corp.
- Authenteq Tarbena GmbH
- Equifax Inc.
- Experian Plc
- GB Group plc
- Gen Digital Inc.
- ID Merit
- Intellicheck Inc.
- Jumio Corp.
- Khosla Labs Pvt. Ltd.
- Mastercard Inc.
- Mitek Systems Inc.
- Onfido
- PXL Vision AG
- RELX Plc
- Shufti Pro Ltd.
- Thales Group
- TransUnion
- UAB iDenfy.
- WebID Solutions GmbH
