June 17, 2024

Digital Identity Solutions Market Size To Cross USD 24.4 Bn By 2032

The global digital identity solutions market size accounted for US$ 29.13 Bn in 2022 and is projected to reach around USD 147.25 Bn by 2032, growing at a CAGR of 17.59% from 2023 to 2032.

Digital Identity Solutions Market Size 2023 To 2032

Report Summary

The global digital identity solutions market report provides a Point-by-Point and In-Depth analysis of global market size, regional and country-level market size, market share, segmentation market growth, competitive landscape, sales analysis, opportunities analysis, strategic market growth analysis, the impact of domestic and global market key players, value chain optimization, trade regulations, recent developments, product launches, area marketplace expanding, and technological innovations.

The study offers a comprehensive analysis on diverse features, including production capacities, demand, product developments, revenue generation, and sales in the digital identity solutions market across the globe.

A comprehensive estimate on the digital identity solutions market has been provided through an optimistic scenario as well as a conservative scenario, taking into account the sales of digital identity solutions during the forecast period. Price point comparison by region with global average price is also considered in the study.

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Digital Identity Solutions Market Report Scope 

Report CoverageDetails
Market Size in 2023USD 34.25 Billion
Market Size by 2032USD 147.25 Billion
Growth Rate from 2023 to 2032CAGR of 17.59%
Largest MarketNorth America
Fastest Growing MarketAsia Pacific
Base Year2022
Forecast Period2023 to 2032
Segments CoveredBy Component, By Solution Type, By Identity Type, By Deployment, By Organization Size, and By Industry Vertical
Regions CoveredNorth America, Europe, Asia-Pacific, Latin America and Middle East & Africa

Key Highlights:

Reports Coverage: It incorporates key market sections, key makers secured, the extent of items offered in the years considered, worldwide containerized digital identity solutions market and study goals. Moreover, it contacts the division study gave in the report based on the sort of item and applications.

Market Outline: This area stresses the key investigations, market development rate, serious scene, market drivers, patterns, and issues notwithstanding the naturally visible pointers.

Market Production by Region: The report conveys information identified with import and fare, income, creation, and key players of every single local market contemplated are canvassed right now.

Also Read: Augmented Reality Market Size To Cross USD 1,188.98 Bn By 2032

Market Players

The report includes the profiles of key digital identity solutions market companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information, key development in past five years.

Major companies operating in this area

  • Thales
  • ForgeRock, Inc.
  • NEC Corporation
  • Daon, Inc.
  • Tessi
  • Aetsoft Inc.
  • GB Group plc
  • Jumio
  • Avanade Inc.
  • Refinitiv

Digital Identity Solutions Market Segmentation

By Component

  • Solutions
    • Hardware
    • Software
  • Services

By Solution Type

  • Identity Verification
  • Authentication
    • Single-factor Authentication
    • Multi-factor Authentication
  • Identity Lifecycle Management
  • Others

By Identity Type

  • Biometric
  • Non-biometric

By Deployment

  • On-premises
  • Cloud

By Organization Size

  • SMEs
  • Large Enterprises

By Industry Vertical

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

Regional Segmentation

  • North America (U.S., Canada, Mexico)
  • Europe (Germany, France, U.K., Italy, Spain, Rest of Europe)
  • Asia-Pacific (China, Japan, India, Southeast Asia and Rest of APAC)
  • Latin America (Brazil and Rest of Latin America)
  • Middle East and Africa (GCC, North Africa, South Africa, Rest of MEA)

Research Methodology

Secondary Research

It involves company databases such as Hoover’s: This assists us to recognize financial information, the structure of the market participants and industry’s competitive landscape.

The secondary research sources referred in the process are as follows:

  • Governmental bodies, and organizations creating economic policies
  • National and international social welfare institutions
  • Company websites, financial reports and SEC filings, broker and investor reports
  • Related patent and regulatory databases
  • Statistical databases and market reports
  • Corporate Presentations, news, press release, and specification sheet of Manufacturers

Primary Research

Primary research includes face-to-face interviews, online surveys, and telephonic interviews.

  • Means of primary research: Email interactions, telephonic discussions and Questionnaire-based research etc.
  • In order to validate our research findings and analysis, we conduct primary interviews of key industry participants. Insights from primary respondents help in validating the secondary research findings. It also develops Research Team’s expertise and market understanding.

TABLE OF CONTENT

Chapter 1. Introduction

1.1. Research Objective

1.2. Scope of the Study

1.3. Definition

Chapter 2. Research Methodology (Premium Insights)

2.1. Research Approach

2.2. Data Sources

2.3. Assumptions & Limitations

Chapter 3. Executive Summary

3.1. Market Snapshot

Chapter 4. Market Variables and Scope 

4.1. Introduction

4.2. Market Classification and Scope

4.3. Industry Value Chain Analysis

4.3.1. Raw Material Procurement Analysis

4.3.2. Sales and Distribution Analysis

4.3.3. Downstream Buyer Analysis

Chapter 5. COVID 19 Impact on Digital Identity Solutions Market 

5.1. COVID-19 Landscape: Digital Identity Solutions Industry Impact

5.2. COVID 19 – Impact Assessment for the Industry

5.3. COVID 19 Impact: Global Major Government Policy

5.4. Market Trends and Opportunities in the COVID-19 Landscape

Chapter 6. Market Dynamics Analysis and Trends

6.1. Market Dynamics

6.1.1. Market Drivers

6.1.2. Market Restraints

6.1.3. Market Opportunities

6.2. Porter’s Five Forces Analysis

6.2.1. Bargaining power of suppliers

6.2.2. Bargaining power of buyers

6.2.3. Threat of substitute

6.2.4. Threat of new entrants

6.2.5. Degree of competition

Chapter 7. Competitive Landscape

7.1.1. Company Market Share/Positioning Analysis

7.1.2. Key Strategies Adopted by Players

7.1.3. Vendor Landscape

7.1.3.1. List of Suppliers

7.1.3.2. List of Buyers

Chapter 8. Global Digital Identity Solutions Market, By Component

8.1. Digital Identity Solutions Market, by Component, 2023-2032

8.1.1. Solutions

8.1.1.1. Market Revenue and Forecast (2020-2032)

8.1.2. Services

8.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 9. Global Digital Identity Solutions Market, By Solution Type

9.1. Digital Identity Solutions Market, by Solution Type, 2023-2032

9.1.1. Identity Verification

9.1.1.1. Market Revenue and Forecast (2020-2032)

9.1.2. Authentication

9.1.2.1. Market Revenue and Forecast (2020-2032)

9.1.3. Identity Lifecycle Management

9.1.3.1. Market Revenue and Forecast (2020-2032)

9.1.4. Others

9.1.4.1. Market Revenue and Forecast (2020-2032)

Chapter 10. Global Digital Identity Solutions Market, By Identity Type

10.1. Digital Identity Solutions Market, by Identity Type, 2023-2032

10.1.1. Biometric

10.1.1.1. Market Revenue and Forecast (2020-2032)

10.1.2. Non-biometric

10.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 11. Global Digital Identity Solutions Market, By Deployment

11.1. Digital Identity Solutions Market, by Deployment, 2023-2032

11.1.1. On-premises

11.1.1.1. Market Revenue and Forecast (2020-2032)

11.1.2. Cloud

11.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 12. Global Digital Identity Solutions Market, By Organization Size

12.1. Digital Identity Solutions Market, by Organization Size, 2023-2032

12.1.1. SMEs

12.1.1.1. Market Revenue and Forecast (2020-2032)

12.1.2. Large Enterprises

12.1.2.1. Market Revenue and Forecast (2020-2032)

Chapter 13. Global Digital Identity Solutions Market, By Industry Vertical

13.1. Digital Identity Solutions Market, by Industry Vertical, 2023-2032

13.1.1. Banking, Financial Services, and Insurance

13.1.1.1. Market Revenue and Forecast (2020-2032)

13.1.2. Retail and Ecommerce

13.1.2.1. Market Revenue and Forecast (2020-2032)

13.1.3. Government and Defense

13.1.3.1. Market Revenue and Forecast (2020-2032)

13.1.4. Healthcare

13.1.4.1. Market Revenue and Forecast (2020-2032)

13.1.5. IT and Telecommunication

13.1.5.1. Market Revenue and Forecast (2020-2032)

13.1.6. Energy and Utilities

13.1.6.1. Market Revenue and Forecast (2020-2032)

13.1.7. Others

13.1.7.1. Market Revenue and Forecast (2020-2032)

Chapter 14. Global Digital Identity Solutions Market, Regional Estimates and Trend Forecast

14.1. North America

14.1.1. Market Revenue and Forecast, by Component (2020-2032)

14.1.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.1.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.1.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.1.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.1.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.1.7. U.S.

14.1.7.1. Market Revenue and Forecast, by Component (2020-2032)

14.1.7.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.1.7.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.1.7.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.1.8. Market Revenue and Forecast, by Organization Size (2020-2032)

14.1.8.1. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.1.9. Rest of North America

14.1.9.1. Market Revenue and Forecast, by Component (2020-2032)

14.1.9.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.1.9.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.1.9.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.1.10. Market Revenue and Forecast, by Organization Size (2020-2032)

14.1.11. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.1.11.1.

14.2. Europe

14.2.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.2.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.2.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.2.7.

14.2.8. UK

14.2.8.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.8.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.2.8.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.2.9. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.10. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2.10.1. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.2.11. Germany

14.2.11.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.11.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.2.11.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.2.12. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.13. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2.14. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.2.14.1.

14.2.15. France

14.2.15.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.15.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.2.15.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.2.15.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.16. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2.16.1. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.2.17. Rest of Europe

14.2.17.1. Market Revenue and Forecast, by Component (2020-2032)

14.2.17.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.2.17.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.2.17.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.2.18. Market Revenue and Forecast, by Organization Size (2020-2032)

14.2.18.1. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.3. APAC

14.3.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.3.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.3.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.3.7. India

14.3.7.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.7.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.3.7.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.3.7.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.8. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3.9. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.3.10. China

14.3.10.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.10.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.3.10.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.3.10.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.11. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3.11.1. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.3.12. Japan

14.3.12.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.12.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.3.12.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.3.12.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.12.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3.12.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.3.13. Rest of APAC

14.3.13.1. Market Revenue and Forecast, by Component (2020-2032)

14.3.13.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.3.13.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.3.13.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.3.13.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.3.13.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.4. MEA

14.4.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.4.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.4.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.4.7. GCC

14.4.7.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.7.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.4.7.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.4.7.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.8. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4.9. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.4.10. North Africa

14.4.10.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.10.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.4.10.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.4.10.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.11. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4.12. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.4.13. South Africa

14.4.13.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.13.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.4.13.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.4.13.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.13.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4.13.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.4.14. Rest of MEA

14.4.14.1. Market Revenue and Forecast, by Component (2020-2032)

14.4.14.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.4.14.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.4.14.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.4.14.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.4.14.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.5. Latin America

14.5.1. Market Revenue and Forecast, by Component (2020-2032)

14.5.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.5.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.5.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.5.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.5.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.5.7. Brazil

14.5.7.1. Market Revenue and Forecast, by Component (2020-2032)

14.5.7.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.5.7.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.5.7.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.5.8. Market Revenue and Forecast, by Organization Size (2020-2032)

14.5.8.1. Market Revenue and Forecast, by Industry Vertical (2020-2032)

14.5.9. Rest of LATAM

14.5.9.1. Market Revenue and Forecast, by Component (2020-2032)

14.5.9.2. Market Revenue and Forecast, by Solution Type (2020-2032)

14.5.9.3. Market Revenue and Forecast, by Identity Type (2020-2032)

14.5.9.4. Market Revenue and Forecast, by Deployment (2020-2032)

14.5.9.5. Market Revenue and Forecast, by Organization Size (2020-2032)

14.5.9.6. Market Revenue and Forecast, by Industry Vertical (2020-2032)

Chapter 15. Company Profiles

15.1. Thales

15.1.1. Company Overview

15.1.2. Product Offerings

15.1.3. Financial Performance

15.1.4. Recent Initiatives

15.2. ForgeRock, Inc.

15.2.1. Company Overview

15.2.2. Product Offerings

15.2.3. Financial Performance

15.2.4. Recent Initiatives

15.3. NEC Corporation

15.3.1. Company Overview

15.3.2. Product Offerings

15.3.3. Financial Performance

15.3.4. Recent Initiatives

15.4. Daon, Inc.

15.4.1. Company Overview

15.4.2. Product Offerings

15.4.3. Financial Performance

15.4.4. Recent Initiatives

15.5. Tessi

15.5.1. Company Overview

15.5.2. Product Offerings

15.5.3. Financial Performance

15.5.4. Recent Initiatives

15.6. Aetsoft Inc.

15.6.1. Company Overview

15.6.2. Product Offerings

15.6.3. Financial Performance

15.6.4. Recent Initiatives

15.7. GB Group plc

15.7.1. Company Overview

15.7.2. Product Offerings

15.7.3. Financial Performance

15.7.4. Recent Initiatives

15.8. Jumio

15.8.1. Company Overview

15.8.2. Product Offerings

15.8.3. Financial Performance

15.8.4. Recent Initiatives

15.9. Avanade Inc.

15.9.1. Company Overview

15.9.2. Product Offerings

15.9.3. Financial Performance

15.9.4. Recent Initiatives

15.10. Refinitiv

15.10.1. Company Overview

15.10.2. Product Offerings

15.10.3. Financial Performance

15.10.4. Recent Initiatives

Chapter 16. Research Methodology

16.1. Primary Research

16.2. Secondary Research

16.3. Assumptions

Chapter 17. Appendix

17.1. About Us

17.2. Glossary of Terms

Thanks for reading you can also get individual chapter-wise sections or region-wise report versions such as North America, Europe, or the Asia Pacific.

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