Identity Verification Market By Component (Solutions and Services, Consulting, Support and maintenance, Training and education), By Deployment Mode (On-Premises and Cloud), By Organization Size (SMEs and Large Enterprises), By Industry Vertical (Banking, Financial Services, and Insurance, Government and Defense, Retail, Healthcare, IT and Telecom, Energy and Utilities, Others), By Region (North America, Europe, Asia Pacific, Middle East & Africa, And South America) – Market Size & Forecast to 2032

The Identity Verification Market report includes a global opportunity analysis and industry forecasts for the period 2023-2032. The global market was estimated at USD 11.14 Billion in 2022, registering a CAGR of 18.20% from 2023 to 2032. The base year considered for the study is 2022, and the forecast has been provided for the period 2023 to 2032.

The Identity Verification Market report points out national and global business prospects and competitive conditions for Identity verification. Market size estimation and forecasts were given based on a detailed research methodology tailored to the conditions of the demand for Identity verification. The Identity verification market has been segmented by component (solutions and services, consulting, support and maintenance, training and education), by deployment mode (on-premises and cloud), by organization size (smes and large enterprises), by industry vertical (banking, financial services, and insurance, government and defense, retail, healthcare, it and telecom, energy and utilities, others). Historical background for the demand of Identity verification has been studied according to organic and inorganic innovations in order to provide accurate estimates of the market size. Primary factors influencing the growth of the demand Identity verification have also been established with potential gravity. Major regions covered in the study include North America, Western Europe, Eastern Europe, Asia Pacific, Middle East, and Rest of the World.

Market Segmentation:

By Component:   

  • Solutions
  • and Services
  • Consulting
  • Support and maintenance
  • Training and education

By Deployment Mode:

  • On-Premise
  •  and Cloud

By Organization Size:

  • SMEs
  • Large Enterprises

By Industry Vertical:

  • Banking
  • Financial Services, and Insurance
  • Government and Defense
  • Retail
  • Healthcare
  • IT and Telecom
  • Energy and Utilities
  • Others

By Region:

  • North America
    • US
    • Canada
    • Mexico
  • Europe
    • Germany
    • Russia
    • UK
    • France
    • Italy
    • Spain
    • The Netherlands
    • Rest of Europe
  • Asia Pacific
    • China
    • India
    • Japan
    • South Korea
    • Australia
    • Indonesia
    • Rest of Asia Pacific
  • Middle East & Africa
    • UAE
    • Saudi Arabia
    • Qatar
    • South Africa
    • Rest of Middle East & Africa
  • South America
    • Brazil
    • Argentina
    • Colombia
    • Rest of South America

Major Companies: Experian, LexisNexis, Equifax, Mitek Systems, Gemalto, Onfido, Trulioo, Acuant, IDEMIA, Jumio, Authenteq, Shufti Pro, IDMERIT, iDenfy, TransUnion

Years Covered in the Study:

Historic Year: 2019, 2020, 2021

Base Year: 2022

Estimated Year: 2023

Forecast Year: 2032

Objectives of this report:

  • To estimate market size for Identity verification market on regional and global basis.
  • To identify major segments in Identity verification market and evaluate their market shares and demand.
  • To provide a competitive scenario for the Identity verification market with major developments observed by key companies in the historic years.
  • To evaluate key factors governing the dynamics of Identity verification market with their potential gravity during the forecast period.

Reasons to Buy This Report:

  • Provides niche insights for decision about every possible segment helping in strategic decision-making process.
  • Market size estimation of the Identity verification market on a regional and global basis.
  • A unique research design for market size estimation and forecast.
  • Identification of major companies operating in the market with related developments
  • Exhaustive scope to cover all the possible segments helping every stakeholder in the Identity verification market.

Customization:

This study is customized to meet your specific requirements:

  • By Segment
  • By Sub-segment
  • By Region/Country
  • Product Specific Competitive Analysis

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