The global demand for Digital Identity Solutions Market is presumed to reach the valuation of nearly USD XX MN by 2028 from USD XX MN in 2021 with a CAGR of XX% during the period of 2022-2028.
A digital identity can be defined as the information of any person used by computer systems to represent the same to the external agent. The external agent can be a person, organisation, device or application. It enables assessment and authentication of a user interacting with the system on the internet. The digital identity does not require the involvement of human operators. Digital identity is a digital data collection made by the user and digital systems. It is now commonly used to detect or check user’s national and civil identity.
Digital identity solutions may be biometric or non-biometric solutions Biometric solutions include fingerprint, retina or eye scan, handprint, facial recognition, and voice recognition, while non-biometric solutions include password identification. Digital identity solutions also include single-factor authentication, multifactor authentication, cloud-based solutions and on-premises solutions. The key factors that are contributing the global digital identity solutions market include rising integration of biometrics in smartphones, and increasing identity & authentication frauds. Furthermore, growing concentration to improve end-to-end customer experience is also supporting the global market.
The report covers Porter’s Five Forces Model, Market Attractiveness Analysis and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level.
Additionally, these tools also give inclusive assessment of each application/product segment in the global market of digital identity solutions.
The entire digital identity solutions market has been sub-categorized into solutions, type, deployment mode, organization size and verticals. The report provides an analysis of these subsets with respect to the geographical segmentation. This research study will keep marketer informed and helps to identify the target demographics for a product or service.
By Deployment Mode
By Organization Size
- Single-Factor Authentication
- Multi-Factor Authentication
- Large Enterprises
- Small and Medium-sized Enterprises (SMEs)
- Banking, Financial Services and Insurance (BFSI)
- Retail and eCommerce
- Government and Defense
- Information Technology (IT) and Telecom
- Energy and Utility
- Others (Education, Manufacturing and Media and Entertainment)
This section covers regional segmentation which accentuates on current and future demand for digital identity solutions market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand for individual application segment across all the prominent regions.
Global Digital Identity Solutions Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the digital identity solutions market include NEC (Japan), Samsung SDS (UK), Thales Group(France), GBG PLC (UK), Telus Corp. (Canada), IDEMIA (France), Tessi (France), ForgeRock (US), Jumio (US), Refinitiv (UK), Duo Security (Cisco) (US), AU10TIX (Cyprus), Imageware Systems(US), Verisec(Sweden), Vintegris Tech(Spain), Signicat (Norway), Smartmatic (UK), Syntizen (India), Intesa(IBM) (Italy), RaulWalter (Estonia). This section includes a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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