Global Digital Identity Solutions Market Segments 2024, Forecast To 2033
5 Mar, 2024
The digital identity solutions market has grown rapidly, surging from $33.34 billion in 2023 to $39.75 billion in 2024, with a 19.2% CAGR. Historical growth factors include increased cyber threats, online services rise, data breaches awareness, mobile device proliferation, and financial sector embrace. The market is expected to witness rapid growth, reaching $79.59 billion in 2028, with a 19.0% CAGR. Anticipated trends include healthcare and telemedicine growth, cybersecurity concerns, remote work, digitalization, IoT devices expansion, decentralized identity management, zero trust security models, biometric integration, user experience focus, and AI and behavioral analytics.
Global Digital Identity Solutions Market Key Driver
The digital identity solutions market is expected to grow with the rising incidents of cybercrime and fraud. The Federal Bureau of Investigation's Internet Crime Report reveals a 7% increase in cybercrime complaints in 2021. The growing threat of cybercrime and fraud propels the demand for digital identity solutions, contributing to market growth.
Get A Free Sample Of The Global Digital Identity Solutions Market ReportGlobal Digital Identity Solutions Market Segments
The digital identity solutions market covered in this report is segmented –
1) By Offering: Solutions, Services
2) By Solution Type: Identity Verification, Authentication, Identity Lifecycle Management, Other Types
3) By Identity Type: Biometrics, Non Biometrics
4) By Deployment Mode: On Premises, Cloud
5) By Vertical: BFSI, Retail And E-Commerce, Government And Defense, Healthcare, IT And Telecommunication, Energy And Utilities, Other Verticals
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North America was the largest region in the digital identity solutions market in 2023. Asia-Pacific is expected to be the fastest-growing region in the digital identity solutions market report during the forecast period. The regions covered in the digital identity solutions market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Digital Identity Solutions Industry Players
NEC Corporation; Samsung SDS Co. Ltd.; Thales Group; GB Group Plc.; Telus Communications Inc.; Tessi International; Daon Inc.; IDEMIA; ForgeRock Inc.; ImageWare Systems Inc.; Jumio; Refinitiv; Víntegris S.L.U.; RaulWalter LLC; Duo Security Inc.; Syntizen Technologies Pvt. Ltd.; Sum and Substance Ltd.; Socure Inc.; Trulioo Information Services Inc.; BioCatch Ltd. ; Winding Tree Technologies SA; PXL Vision AG; Airside Mobile Inc.; Ping Identity Corporation; Onfido Ltd.; Signicat AS; Acuant Inc.; Veriff OU; Mitek Systems Inc.; OneSpan Inc.; IPROOV LIMITED; Yoti Ltd.; Evernym Software Private Limited
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AIOps Digital Identity Solutions Market Overview
Digital identity solutions are open-standards-based online or networked identities that a person, business, or electronic equipment adopts or claims in cyberspace. It is also known as self-sovereign identity. They are used for finding cyber threats and reduce costs for enterprises.
Digital Identity Solutions Global Market Report 2023 provides data on the global digital identity solutions market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The digital identity solutions market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.