Digital Identity Solutions Market - Trends Forecast Till 2028

Digital Identity Solutions Market by Component (Solutions and Services), Solution Type (Biometrics and Non-Biometrics), Authentication Type, Deployment Mode, Organization Size, Vertical and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)

Published Date: July, 2021

Base Year Estimate: 2020

Report ID: D-IT-DISM-267

Format:  

Number of Pages: 381

Domain: IT & Telecom

Digital Identity Solutions Market – Trends Forecast Till 2028

The global digital identity solutions market size is projected to grow from USD 23.3 Billion in 2021 to USD 49.5 Billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 16.2% from 2021 to 2026.

The increase in instances of identity-related frauds and data breaches and the need for compliance with various upcoming regulations are some of the factors that have supported long-term expansion for Digital Identity Solutions Market.

Digital Identity Solutions Market Analysis

Digital Identity Solutions Market is segmented into component, solution type, authentication type, deployment mode, organization size, vertical and geography.

Component segment is segmented into solutions and services.

Solution type segment is segmented into biometrics and non-biometrics.

Authentication type segment is segmented into single-factor authentication and multifactor authentication.

Deployment mode segment is segmented into on-premise and cloud.

Organization size segment is segmented into small & medium-sized enterprises and large enterprises.

Vertical segment is segmented into banking, financial services and insurance, retail and e-commerce, defence and government, healthcare, IT and ITES, telecommunications, energy and utilities and other verticals.

Geographically, global digital identity solutions market is sub segmented into North America, Europe, Asia-Pacific, Middle East and Africa and South America and insights are provided for each region and major countries within the regions

Key players in Digital Identity Solutions Market are NEC (Japan), Samsung SDS (South Korea), Thales Group (France), GBG (UK), TELUS (Canada), Tessi (France), Daon (US), IDEMIA (France), ForgeRock (US), Jumio (US), iProov (UK), ID R&D (US), Refinitiv (UK), ImageWare Systems (US), OneSpan (US), Smartmatic (UK), Verisec (Sweden), Vintegris (Spain), AU10TIX (Cyprus), Signicat (Norway), RaulWalter (Estonia), Duo Security (US), Syntizen(India), HashCash Consultants (US), and Good Digital Identity (Czech Republic).

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Research Methodology

Secondary Research

This research method involved the usage of extensive secondary sources (such as directories and databases)—Hoovers, Avention, annual reports, investor presentation, conference like Jefferies conference)—to identify and collect information useful for this study of the Digital identity solutions market. The purpose of secondary research was to identify and collection of extensive, technical, market-oriented, and commercial study the global Digital identity solutions market. Through secondary the market is classified and segmented as per of industry trend, development, regional market. Product and technology development.

Primary Research

The primary sources mainly included several industry experts from the core and related industries and suppliers, manufacturers, distributors, alliances, and organizations related to all segments of this industry’s supply chain. In-depth interviews were conducted with various primary respondents—including key industry participants, subject matter experts (SMEs), C-level executives of key market players, and industry consultants, among other experts—to obtain and verify critical qualitative and quantitative information as well as to assess future prospects.

Primary Respondent breakdown is given below:

Digital Identity Solutions Market Primary Respondent

 

Market Sizing

Top-down and bottom approaches were used to derive the market estimate and validating the total revenue of the Digital identity solutions market. This approach has also been used to derive the market for segmentation and sub-segmentation.

Data Validation

Impact analysis has been conducted for deriving the market size. After collecting the in-depth quantitative and qualitative data we contact primary respondent in order to gain 98.8% of confidence level on our data.

The data validation involves the primary research from the industry experts belonging to:

  • Leading Companies
  • Suppliers & Distributors
  • Manufacturers
  • Consumers
  • Industry/Strategic Consultants

Reasons to Acquire

  • Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
  • Gain authentic and granular data access for digital identity solutions market so as to understand the trends and the factors involved behind changing market situations
  • Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
  • In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns

Report Scope

 

Report Feature

Descriptions

Market Revenue In 2021

USD 23.3 billion

Growth Rate

CAGR of 16.2% during the forecasting period, 2021-2028

Historical Data

2018-2019

Forecast Years

2021-2028

Base Year

2020

Units Considered

Revenue in USD billion and CAGR from 2021 to 2028

Report Segmentation

component, solution type, authentication type, deployment mode, organization size, vertical and geography

Report Attribute

Market Revenue Sizing (Global, Regional and Country Level) Company Share Analysis, Market Dynamics, Company Profiling

Regional Level Scope

North America, Europe, Asia-Pacific, South America, and Middle East and Africa

Country Level Scope

U.S., Japan, Germany, U.K., China, India, Brazil, UAE, South Africa (50+ Countries Across the Globe)

Companies Profiled

NEC (Japan), Samsung SDS (South Korea), Thales Group (France), GBG (UK), TELUS (Canada), Tessi (France), Daon (US), IDEMIA (France), ForgeRock (US), Jumio (US), iProov (UK), ID R&D (US), Refinitiv (UK), ImageWare Systems (US), OneSpan (US), Smartmatic (UK), Verisec (Sweden), Vintegris (Spain), AU10TIX (Cyprus), Signicat (Norway), RaulWalter (Estonia), Duo Security (US), Syntizen(India), HashCash Consultants (US), and Good Digital Identity (Czech Republic).

Available Customization

In addition to the market data for Digital Identity Solutions Market, Delvens. offers client-centric report and customized according to the company’s specific demand and requirement.

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