2030 $ 7.63 Billion Global Identity Verification Market Outlook – ResearchAndMarkets.com


DUBLIN – (COMMERCIAL THREAD) – The report “Global Identity Verification Market Outlook 2030” has been added to ResearchAndMarkets.com offer.

The market is expected to generate revenue of approximately $ 33,190 million by the end of 2030, compared to revenue of over $ 7,630 million in 2020. The global identity verification market is expected to generate grow with a CAGR of 16.32% during the forecast period i.e. 2021-2030.

Factors such as the increase in the number of fraudulent activities around the world, as well as the increasing adoption of identity verification systems in banks and other financial institutions, are expected to drive the market growth in the coming years.

By type of verification, the market is segmented into Knowledge Based Authentication, SMS Based Two Factor Authentication, IC Chip Based Authentication, Database Solutions, AL / ML Based Authentication, Biometric Authentication, and Others.

Of these, by the end of 2030, the biometric authentication segment is expected to generate the highest revenue of over US $ 11,700 million, compared to nearly US $ 2,630 million in 2020 .

On the basis of geographic analysis, the global identity verification market is segmented into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa.

Of these, by the end of 2030, the North America region market is expected to register the largest revenue of approximately $ 12.660 million. In addition, the region’s market generated sales of nearly US $ 2,850 million in 2020.

Some of the major industry leaders included in the report are

  • Experian plc

  • International Mastercard Incorporated

  • Equifax inc.

  • Mitek Systems Inc.

  • LexisNexis Risk Solutions Group

  • Acuant inc.

  • Onfido

  • Liquide inc.

  • Intellicheck inc.


Main topics covered:

1. Market definition

1.1. Definition

1.2. Market segmentation

2. Assumptions and acronyms

3. Research methodology

3.1. Research process

3.2. Primary research

3.3. Secondary research

4. Executive Summary – Global Identity Verification Market

5. Market dynamics

5.1. Market factors

5.2. Market trends

6. Main market opportunities

7. Main obstacles to market growth

8. Regulatory and normative landscape

9. Industry risk analysis

10. Impact of COVID-19 on the Identity Verification Market

11. Assessment of the request for identity verification

12. Competitive landscape

12.1. Market share analysis, 2020

12.2. Competitive benchmarking

12.3. Company Profiles

13. Analysis of product characteristics

14. Competitive positioning

15. Global Identity Verification Market 2020-2030

15.1. Market Snapshot

15.2. By value (million USD)

16. Global Identity Verification Market Segmentation Analysis 2020-2030

16.1. Component type

16.1.1. Solutions, 2020-2030F (million USD) Document Verification, 2020-2030F (USD million) Identity Authentication, 2020-2030F (Million USD) Digital Identity Verification, 2020-2030F (USD Million) AML Screening and Surveillance, 2020-2030F (USD million) Corporate Audit, 2020-2030F (million USD) Others, 2020-2030F (million USD)

16.1.2. Services, 2020-2030F (million USD) Professional Services, 2020-2030F (million USD) Managed Services, 2020-2030F (million USD)

16.2. Verification type

16.2.1. Knowledge-Based Authentication, 2020-2030F (USD Million)

16.2.2. SMS-Based Two-Factor Authentication, 2020-2030F (USD Million)

16.2.3. IC Chip Based Authentication, 2020-2030F (Million USD)

16.2.4. Database Solutions, 2020-2030F (Million USD)

16.2.5. AL / ML Based Authentication, 2020-2030F (USD Million)

16.2.6. Biometric authentication, 2020-2030F (million USD)

16.2.7. Others, 2020-2030F (million USD)

16.3. Deployment type

16.3.1. Cloud, 2020-2030F (million USD)

16.3.2. On-site, 2020-2030F (million USD)

16.4. Organization size type

16.4.1. Small and Medium Enterprises, 2020-2030F (millions USD)

16.4.2. Large companies, 2020-2030F (millions USD)

16.5. End-user industry type

16.5.1. BFSI, 2020-2030F (million USD)

16.5.2. Government and Defense, 2020-2030F (million USD)

16.5.3. Retail, 2020-2030F (million USD)

16.5.4. Health, 2020-2030F (million USD)

16.5.5. IT and Telecommunications, 2020-2030F (million USD)

16.5.6. Entertainment and games, 2020-2030F (million USD)

16.5.7. Transport, logistics and mobility, 2020-2030F (million USD)

16.5.8. Energy and Utilities, 2020-2030F (USD million)

16.5.9. Hospitality, 2020-2030F (million USD)

16.5.10. Others, 2020-2030F (million USD)

16.6. Region

For more information on this report, visit https://www.researchandmarkets.com/r/x7ww35


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