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1390835

身分驗證市場:2023-2028 年全球產業趨勢、佔有率、規模、成長、機會與預測

Identity Verification Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

出版日期: | 出版商: IMARC | 英文 147 Pages | 商品交期: 2-3個工作天內

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概要

2022年全球身分驗證市場規模達到103億美元。展望未來, IMARC Group預計到2028年市場規模將達到266億美元,2022-2028年複合年成長率(CAGR)為17.13%。身分盜竊事件的增加、嚴格的政府法規、快速數位化、遠端入職的採用、人工智慧(AI) 和機器學習(ML) 技術的進步、行動身分驗證解決方案以及電子商務產業的擴張都是其中的一些因素。這些因素為市場創造了積極的前景。

身份驗證是一種用於確認個人所聲稱身份的真實性的安全措施。它具有許多優勢,例如確認個人身份、提供對敏感個人資料的安全存取以及最大限度地降低身份盜竊和詐欺的風險。此外,身份驗證有助於為線上交易創建安全的環境,保護財務資訊。採用各種類型的身份驗證方法,包括生物辨識身份驗證(例如臉部辨識或指紋)以及透過簡訊或電子郵件驗證碼進行的兩因素身份驗證。這些方法提高了驗證過程的準確性和可靠性,促進了使用者之間的信任和信心。

身分盜竊和詐欺事件的增加迫使各行業的組織採用強大的身份驗證解決方案來保護其營運和客戶資料,這是推動市場成長的關鍵因素之一。此外,世界各地政府和監管機構施加的嚴格法規和合規要求正在推動組織實施可靠的身份驗證措施,以確保合規性並減輕經濟處罰的風險,這支持了市場的成長。此外,數位化的快速發展和線上服務的廣泛使用,對無縫、安全的數位身分驗證解決方案的需求不斷成長,以建立信任並增強用戶體驗,從而推動市場成長。除此之外,銀行、金融服務、保險和電子商務領域擴大採用遠端登入和客戶身份驗證解決方案,正在推動市場成長。

身份驗證市場趨勢/促進因素:

身分盜竊和詐欺事件不斷增加

身分盜竊和詐欺已成為當今數位時代的重大問題,對個人和組織帶來巨大風險。隨著技術的進步,網路犯罪分子已經找到了利用漏洞並未經授權存取個人和敏感資訊的複雜方法。這些事件可能會為企業帶來經濟損失、聲譽損害和法律影響。因此,各行業的組織都在積極尋求強大的身份驗證解決方案,以防止詐欺活動並保護客戶的身份和資產。

嚴格的法規和合規要求

世界各地的政府和監管機構實施了嚴格的法規和合規要求,以打擊身分盜竊、洗錢、恐怖主義融資和其他非法活動。例如,歐盟的《一般資料保護規範》(GDPR) 和金融行動特別工作組 (FATF) 關於反洗錢 (AML) 和反恐融資 (CTF) 的建議為客戶盡職調查和監管制定了高標準。身份驗證。為了確保合規性並避免嚴重的經濟處罰,組織正在採用可靠的身份驗證措施來驗證其客戶、員工和業務合作夥伴的身份。

快速數位化和對無縫用戶體驗的需求

數位轉型徹底改變了我們開展業務以及與各種服務互動的方式。然而,隨著數位化程度的提高,線上上交易中建立信任和安全也面臨挑戰。使用者期望在存取數位服務時獲得無縫、便利的體驗,而繁瑣的身份驗證流程可能會阻礙客戶的採用和滿意度。因此,組織正在尋求先進的身份驗證解決方案,以提供流暢的用戶體驗,同時確保數位身分生態系統的安全性和完整性。這些解決方案通常利用生物辨識、人工智慧 (AI) 和機器學習 (ML) 等技術來簡化驗證流程並即時提供準確可靠的結果。

身份驗證行業細分:

IMARC Group提供了全球身分驗證市場報告各細分市場主要趨勢的分析,以及 2023 年至 2028 年全球、區域和國家層面的預測。我們的報告根據類型、組件、部署模式、組織規模和垂直領域對市場進行了分類。

按類型分類:

生物辨識技術

非生物辨識技術

生物辨識技術主導市場

該報告根據類型提供了詳細的市場細分和分析。這包括生物識別技術和非生物識別技術。根據該報告,生物辨識技術佔據了最大的部分。

生物辨識領域引領全球身分驗證市場,這得益於指紋辨識、臉部辨識和虹膜掃描等生物辨識技術的幾個關鍵促進因素,在驗證個人身分方面提供了高水準的準確性和安全性,使其在身份驗證方面高度可靠。此外,配備生物識別感測器的智慧型手機和其他行動裝置的日益普及,促進了生物識別身份驗證整合到日常活動中,例如解鎖設備和授權交易。除此之外,人們越來越意識到密碼和 PIN 等傳統身分驗證方法的漏洞,促使組織採用生物辨識技術來進行更強大、更方便的身份驗證,從而推動了該細分市場的成長。

按組件分類:

解決方案

服務

解決方案佔據最大市場佔有率

報告還提供了基於組件的詳細市場細分和分析。這包括解決方案和服務。報告稱,解決方案佔據了最大的市場佔有率。

由於身分威脅日益複雜和複雜,解決方案領域引領全球身分驗證市場,從而提高了對強大和先進的解決方案的需求,以有效應對這些威脅。組織正在積極尋求全面且可擴展的身份驗證解決方案,以適應不斷發展的詐欺技術。此外,不斷成長的監管合規性要求需要能夠與現有系統無縫整合並自動化驗證流程的解決方案,以確保合規性而不中斷營運。除此之外,對無縫用戶體驗的需求不斷成長,對能夠利用生物識別等技術提供無摩擦、快速身份驗證的解決方案的需求激增,這有利於該細分市場的成長。除此之外,數位管道的日益普及以及對提供靈活性和可訪問性的基於雲端和行動就緒解決方案的需求不斷成長正在支持市場成長。

按部署模式分類:

本地

基於雲端

本地主導市場

該報告根據部署模式對市場進行了詳細的細分和分析。這包括本地和基於雲端的。根據該報告,本地佔最大部分。

由於組織對本地解決方案的偏好發生了轉變,因為它們對身份驗證流程提供了更高級別的控制和客製化,因此本地部分引領了全球身份驗證市場。這對於具有嚴格資料隱私法規或敏感資訊要求的行業尤其重要。此外,本地解決方案透過將敏感資訊保留在組織的基礎設施內來提供增強的資料安全性,從而降低資料外洩的風險。此外,政府機構或受到高度監管的行業有特定的合規性要求,需要進行本地部署以維護資料主權,這推動了市場的成長。

按組織規模分類:

中小企業

大型企業

大企業佔最大市場佔有率

報告還根據組織規模對市場進行了詳細的細分和分析。這包括中小企業和大型企業。報告顯示,大型企業佔據了最大的市場佔有率。

由於幾個關鍵促進因素,大型企業領域引領全球身分驗證市場。大型企業通常處理大量敏感的客戶資料,並面臨更高的身份盜竊和詐欺風險。因此,他們優先考慮實施強大的身份驗證解決方案以保護其營運和客戶。此外,這些企業通常有更大的預算和資源來投資先進技術和解決方案。此外,大型企業更有可能跨多個地區運作並遵守複雜的監管框架,因此需要複雜的身份驗證解決方案來確保合規性和無縫的客戶入職。

按垂直細分:

BFSI

政府和國防

醫療保健和生命科學

零售與電子商務

資訊科技和電信

能源和公用事業

其他

BFSI 主導市場

該報告提供了基於垂直市場的詳細細分和分析。這包括 BFSI、政府和國防、醫療保健和生命科學、零售和電子商務、IT 和電信、能源和公用事業等。根據該報告,BFSI 代表了最大的部分。

由於幾個關鍵促進因素,銀行、金融服務和保險 (BFSI) 領域在全球身分驗證市場中處於領先地位。 BFSI 行業受到嚴格監管,具有嚴格的了解您的客戶 (KYC) 和反洗錢 (AML) 要求。這迫使金融機構實施強大的身份驗證解決方案,以確保合規性並防止詐欺。除此之外,BFSI 領域不斷增加的身份盜竊和金融詐欺事件推動了對先進驗證技術的需求,以保護客戶帳戶和金融交易。此外,數位銀行和遠端入職的日益普及進一步加強了對安全、無縫身份驗證流程的需求,以增強客戶體驗和信任。此外,BFSI 部門的財務資源允許投資尖端的身份驗證解決方案,使其成為市場的領導者。

按地區分類:

北美洲

美國

加拿大

亞太

中國

日本

印度

韓國

澳洲

印尼

其他

歐洲

德國

法國

英國

義大利

西班牙

俄羅斯

其他

拉丁美洲

巴西

墨西哥

其他

中東和非洲

北美表現出明顯的主導地位,佔據最大的身份驗證市場佔有率

該報告還對所有主要區域市場進行了全面分析,其中包括北美(美國和加拿大);歐洲(德國、法國、英國、義大利、西班牙、俄羅斯等);亞太地區(中國、日本、印度、韓國、澳洲、印尼等);拉丁美洲(巴西、墨西哥等);以及中東和非洲。報告稱,北美佔據最大的市場佔有率。

北美引領全球身分驗證市場,因為該地區各行業數位化程度較高,技術基礎設施先進,線上服務廣泛採用。這種數位化成熟度為身份驗證解決方案的蓬勃發展創造了肥沃的土壤。除此之外,北美還擁有大量身分驗證市場的主要參與者,包括科技公司、金融機構和電子商務巨頭。這些產業領導者的存在有助於創新身分驗證解決方案的開發和採用,推動市場向前發展。此外,嚴格的法規和合規要求,例如《銀行保密法》(BSA) 和《美國愛國者法》,迫使該地區的組織,特別是金融領域的組織,優先考慮穩健的身份驗證流程,以打擊詐欺和洗錢。該地區對資料隱私和保護採取的積極主動的做法,例如《加州消費者隱私法》(CCPA) 和《健康保險流通與責任法》(HIPAA) 等法規,進一步強調了安全身份驗證解決方案的重要性。

競爭格局:

全球身分驗證市場競爭格局的特徵是幾個主要參與者之間的激烈競爭。該市場由成熟的技術公司、金融機構和專業身份驗證提供者主導。此外,專業的身份驗證提供者只專注於開發尖端的驗證解決方案,提供廣泛的功能,例如生物識別身份驗證、文件驗證和活體檢測。隨著公司尋求擴大其產品和市場範圍,策略合作夥伴關係和收購進一步塑造了競爭格局。此外,市場正在見證創新新創企業的進入,為該領域帶來顛覆性技術和方法。

該報告對市場競爭格局進行了全面分析。也提供了所有主要公司的詳細資料。市場上的一些主要參與者包括:

阿庫安特公司

AuthenticID 公司

艾克法克斯公司

益百利公司

智慧檢查公司

久米奧株式會社

萬事達卡公司

米泰克系統公司

翁菲多

泰雷茲集團

環聯

特魯利奧

最近的發展:

2023 年 7 月,萬事達卡宣布使用人工智慧驅動的洞察力幫助銀行在任何資金離開受害者帳戶之前即時預測詐騙行為。

2023 年 6 月,Experian 宣布推出 4D Credit,這是一套新的服務,旨在幫助貸方更好地管理其商業貸款組合,並為小型企業提供寶貴的支援。

2022年10月,AuthenticID推出了新一代數位身分錢包Identity Pass。它是一個用於儲存和管理個人身份驗證文件的單一工具,包括駕駛執照、身分證和護照。

本報告回答的關鍵問題:

  • 迄今為止,全球身分驗證市場的表現如何,未來幾年將如何表現?
  • 全球身分驗證市場的促進因素、限制因素和機會是什麼?
  • 每個促進因素、限制因素和機會對全球身分驗證市場有何影響?
  • 主要區域市場有哪些?
  • 哪些國家代表了最具吸引力的身份驗證市場?
  • 依類型分類市場是怎麼樣的?
  • 身份驗證市場中哪種類型最有吸引力?
  • 基於組件的市場區隔是什麼?
  • 身份驗證市場中最有吸引力的部分是什麼?
  • 基於部署模式的市場區隔是怎樣的?
  • 身份驗證市場中哪種部署模式最具吸引力?
  • 依組織規模分類的市場是怎麼樣的?
  • 身分驗證市場中最具吸引力的組織規模是多少?
  • 基於垂直市場的細分是什麼?
  • 身份驗證市場中哪個垂直領域最具吸引力?
  • 全球身分驗證市場的競爭格局如何?
  • 全球身分驗證市場的主要參與者/公司有哪些?

本報告回答的關鍵問題:

  • 迄今為止,全球身分驗證市場的表現如何,未來幾年將如何表現?
  • 全球身分驗證市場的促進因素、限制因素和機會是什麼?
  • 每個促進因素、限制因素和機會對全球身分驗證市場有何影響?
  • 主要區域市場有哪些?
  • 哪些國家代表了最具吸引力的身份驗證市場?
  • 依類型分類市場是怎麼樣的?
  • 身份驗證市場中哪種類型最有吸引力?
  • 基於組件的市場區隔是什麼?
  • 身份驗證市場中最有吸引力的部分是什麼?
  • 基於部署模式的市場區隔是怎樣的?
  • 身份驗證市場中哪種部署模式最具吸引力?
  • 依組織規模分類的市場是怎麼樣的?
  • 身分驗證市場中最具吸引力的組織規模是多少?
  • 基於垂直市場的細分是什麼?
  • 身份驗證市場中哪個垂直領域最具吸引力?
  • 全球身分驗證市場的競爭格局如何?
  • 全球身分驗證市場的主要參與者/公司有哪些?

目錄

第 1 章:前言

第 2 章:範圍與方法

  • 研究目的
  • 利害關係人
  • 資料來源
    • 主要資源
    • 二手資料
  • 市場預測
    • 自下而上的方法
    • 自上而下的方法
  • 預測方法

第 3 章:執行摘要

第 4 章:簡介

  • 概述
  • 主要行業趨勢

第 5 章:全球身分驗證市場

  • 市場概況
  • 市場業績
  • COVID-19 的影響
  • 市場預測

第 6 章:按類型分類的市場細分

  • 生物辨識技術
    • 市場走向
    • 市場預測
  • 非生物辨識技術
    • 市場走向
    • 市場預測

第 7 章:按成分分類的市場區隔

  • 解決方案
    • 市場走向
    • 市場預測
  • 服務
    • 市場走向
    • 市場預測

第 8 章:依部署模式分類的市場區隔

  • 本地
    • 市場走向
    • 市場預測
  • 基於雲端
    • 市場走向
    • 市場預測

第 9 章:依組織規模分類的市場

  • 中小企業
    • 市場走向
    • 市場預測
  • 大型企業
    • 市場走向
    • 市場預測

第 10 章:按行業分類的市場細分

  • BFSI
    • 市場走向
    • 市場預測
  • 政府和國防
    • 市場走向
    • 市場預測
  • 醫療保健和生命科學
    • 市場走向
    • 市場預測
  • 零售與電子商務
    • 市場走向
    • 市場預測
  • 資訊科技和電信
    • 市場走向
    • 市場預測
  • 能源和公用事業
    • 市場走向
    • 市場預測
  • 其他
    • 市場走向
    • 市場預測

第 11 章:按地區分類的市場細分

  • 北美洲
    • 美國
      • 市場走向
      • 市場預測
    • 加拿大
      • 市場走向
      • 市場預測
  • 亞太
    • 中國
      • 市場走向
      • 市場預測
    • 日本
      • 市場走向
      • 市場預測
    • 印度
      • 市場走向
      • 市場預測
    • 韓國
      • 市場走向
      • 市場預測
    • 澳洲
      • 市場走向
      • 市場預測
    • 印尼
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 歐洲
    • 德國
      • 市場走向
      • 市場預測
    • 法國
      • 市場走向
      • 市場預測
    • 英國
      • 市場走向
      • 市場預測
    • 義大利
      • 市場走向
      • 市場預測
    • 西班牙
      • 市場走向
      • 市場預測
    • 俄羅斯
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 拉丁美洲
    • 巴西
      • 市場走向
      • 市場預測
    • 墨西哥
      • 市場走向
      • 市場預測
    • 其他
      • 市場走向
      • 市場預測
  • 中東和非洲
    • 市場走向
    • 按國家/地區分類的市場細分
    • 市場預測

第 12 章:SWOT 分析

  • 概述
  • 優勢
  • 弱點
  • 機會
  • 威脅

第 13 章:價值鏈分析

第 14 章:波特五力分析

  • 概述
  • 買家的議價能力
  • 供應商的議價能力
  • 競爭程度
  • 新進入者的威脅
  • 替代品的威脅

第 15 章:價格分析

第16章:競爭格局

  • 市場結構
  • 關鍵參與者
  • 關鍵參與者簡介
    • Acuant Inc.
    • AuthenticID Inc.
    • Equifax Inc.
    • Experian PLC
    • Intellicheck Inc.
    • Jumio Corporation
    • Mastercard Inc.
    • Mitek Systems Inc.
    • Onfido
    • Thales Group
    • TransUnion
    • Trulioo
Product Code: SR112023A4704

Abstract

The global identity verification market size reached US$ 10.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 26.6 Billion by 2028, exhibiting a growth rate (CAGR) of 17.13% during 2022-2028. The increasing instances of identity theft, stringent government regulations, rapid digitalization, adoption of remote onboarding, advancements in artificial intelligent (AI) and machine learning (ML) technologies, mobile identity verification solutions, and the expansion of e-commerce industry are some of the factors creating a positive outlook for the market.

Identity verification is a security measure used to confirm the authenticity of an individual's claimed identity. It offers numerous advantages, such as confirming a person's identity, providing secure access to sensitive personal data, and minimizing the risk of identity theft and fraud. Additionally, identity verification helps create a safe environment for online transactions, safeguarding financial information. Various types of identity verification methods are employed, including biometric authentication, such as facial recognition or fingerprint, and two-factor authentication through SMS or email verification codes. These methods enhance the accuracy and reliability of the verification process, promoting trust and confidence among users.

The increasing instances of identity theft and fraud have compelled organizations across various industries to adopt robust identity verification solutions to safeguard their operations and customers' data, which represents one of the key factors bolstering the market growth. Moreover, stringent regulations and compliance requirements imposed by governments and regulatory bodies worldwide are pushing organizations to implement reliable identity verification measures to ensure compliance and mitigate the risk of financial penalties, which is supporting the market growth. Additionally, the rapid digitalization and the widespread use of online services have created a growing need for seamless and secure digital identity verification solutions to establish trust and enhance user experience, which, in turn, is impelling the market growth. Apart from this, the rising adoption of remote onboarding and customer authentication solutions in the banking, financial services, and insurance and e-commerce sectors is fueling the market growth.

Identity Verification Market Trends/Drivers:

Increasing instances of identity theft and fraud

Identity theft and fraud have become significant concerns in today's digital age, posing substantial risks to individuals and organizations alike. With the advancement of technology, cybercriminals have found sophisticated ways to exploit vulnerabilities and gain unauthorized access to personal and sensitive information. These incidents can result in financial losses, reputational damage, and legal implications for businesses. As a result, organizations across various industries are actively seeking robust identity verification solutions to prevent fraudulent activities and protect their customers' identities and assets.

Stringent regulations and compliance requirements

Governments and regulatory bodies worldwide have implemented stringent regulations and compliance requirements to combat identity theft, money laundering, terrorism financing, and other illicit activities. For instance, the General Data Protection Regulation (GDPR) in the European Union and the Financial Action Task Force (FATF) recommendations on Anti-Money Laundering (AML) and Counter-Terrorist Financing (CTF) have set high standards for customer due diligence and identity verification. To ensure compliance and avoid severe financial penalties, organizations are adopting reliable identity verification measures to verify the identities of their customers, employees, and business partners.

Rapid digitalization and need for a seamless user experience

Digital transformation has revolutionized the way we conduct business and interact with various services. However, with this increased digitization comes the challenge of establishing trust and security in online transactions. Users expect a seamless and convenient experience while accessing digital services, and cumbersome identity verification processes can hinder customer adoption and satisfaction. Hence, organizations are seeking advanced identity verification solutions that can provide a smooth user experience while ensuring the security and integrity of the digital identity ecosystem. These solutions often leverage technologies, such as biometrics, artificial intelligence (AI), and machine learning (ML), to streamline the verification process and deliver accurate and reliable results in real-time.

Identity Verification Industry Segmentation:

IMARC Group provides an analysis of the key trends in each segment of the global identity verification market report, along with forecasts at the global, regional and country levels from 2023-2028. Our report has categorized the market based on type, component, deployment mode, organization size and vertical.

Breakup by Type:

Biometrics

Non-Biometrics

Biometrics dominates the market

The report has provided a detailed breakup and analysis of the market based on the type. This includes biometrics and non-biometrics. According to the report, biometrics represented the largest segment.

The biometrics segment leads the global identity verification market due to several key drivers as biometric technologies, such as fingerprint recognition, facial recognition, and iris scanning, offer a high level of accuracy and security in verifying individual identities, making them highly reliable for authentication purposes. Additionally, the increasing adoption of smartphones and other mobile devices equipped with biometric sensors has facilitated the integration of biometric authentication into everyday activities, such as unlocking devices and authorizing transactions. Besides this, the growing awareness about the vulnerabilities of traditional authentication methods, such as passwords and PINs, has prompted organizations to adopt biometrics for stronger and more convenient identity verification, thereby fueling the segment growth.

Breakup by Component:

Solutions

Services

Solutions hold the largest share in the market

A detailed breakup and analysis of the market based on the component has also been provided in the report. This includes solutions and services. According to the report, solutions accounted for the largest market share.

The solution segment leads the global identity verification market due to the increasing complexity and sophistication of identity threats, thus enhancing the requirement for robust and advanced solutions to combat them effectively. Organizations are actively seeking comprehensive and scalable identity verification solutions that can adapt to evolving fraud techniques. Moreover, the rising regulatory compliance requirements demand solutions that can seamlessly integrate with existing systems and automate the verification process to ensure compliance without disrupting operations. Besides this, the escalating demand for seamless user experiences has surged the need for solutions that can provide frictionless and quick identity verification, leveraging technologies such as biometrics, which is favoring the segment growth. Apart from this, the growing adoption of digital channels and the rising demand for cloud-based and mobile-ready solutions that offer flexibility and accessibility are supporting the market growth.

Breakup by Deployment Mode:

On-premises

Cloud-based

On-Premises dominates the market

The report has provided a detailed breakup and analysis of the market based on the deployment mode. This includes on-premises and cloud-based. According to the report, on-premises represented the largest segment.

The on-premises segment leads the global identity verification market due to the shifting preference of organizations toward on-premises solutions as they offer higher levels of control and customization over the identity verification process. This is particularly important for industries with strict data privacy regulations or sensitive information requirements. Moreover, on-premises solutions provide enhanced data security by keeping sensitive information within the organization's infrastructure, reducing the risk of data breaches. Additionally, government agencies or highly regulated industries have specific compliance requirements that necessitate on-premises deployments to maintain data sovereignty, which is fueling the market growth.

Breakup by Organization Size:

Small and Medium-sized Enterprises

Large Enterprises

Large enterprises hold the largest share in the market

A detailed breakup and analysis of the market based on the organization size has also been provided in the report. This includes small and medium-sized, and large enterprises. According to the report, large enterprises accounted for the largest market share.

The large enterprises segment leads the global identity verification market due to several key drivers. Large enterprises typically handle a vast amount of sensitive customer data and face higher risks of identity theft and fraud. Therefore, they prioritize implementing robust identity verification solutions to protect their operations and customers. Additionally, these enterprises often have larger budgets and resources to invest in advanced technologies and solutions. Furthermore, large enterprises are more likely to operate across multiple regions and comply with complex regulatory frameworks, necessitating sophisticated identity verification solutions to ensure compliance and seamless customer onboarding.

Breakup by Vertical:

BFSI

Government and Defense

Healthcare and Life Sciences

Retail and E-Commerce

IT and Telecommunication

Energy and Utilities

Others

BFSI dominates the market

The report has provided a detailed breakup and analysis of the market based on the vertical. This includes BFSI, government and defense, healthcare and life sciences, retail and e-commerce, IT and telecommunication, energy and utilities, and others. According to the report, BFSI represented the largest segment.

The banking, financial services, and insurance (BFSI) segment leads the global identity verification market due to several key drivers. The BFSI sector is highly regulated, with stringent know your customer (KYC) and anti-money laundering (AML) requirements. This compels financial institutions to implement robust identity verification solutions to ensure compliance and prevent fraud. Besides this, the rising instances of identity theft and financial fraud in the BFSI sector drive the demand for advanced verification technologies to protect customer accounts and financial transactions. Additionally, the increasing adoption of digital banking and remote onboarding further amplifies the need for secure and seamless identity verification processes to enhance customer experience and trust. Furthermore, the BFSI sector's financial resources allow for investment in cutting-edge identity verification solutions, positioning them as leaders in the market.

Breakup by Region:

North America

United States

Canada

Asia-Pacific

China

Japan

India

South Korea

Australia

Indonesia

Others

Europe

Germany

France

United Kingdom

Italy

Spain

Russia

Others

Latin America

Brazil

Mexico

Others

Middle East and Africa

North America exhibits a clear dominance, accounting for the largest identity verification market share

The report has also provided a comprehensive analysis of all the major regional markets, which include North America (the United States and Canada); Europe (Germany, France, the United Kingdom, Italy, Spain, Russia, and others); Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others); Latin America (Brazil, Mexico, and others); and the Middle East and Africa. According to the report, North America accounted for the largest market share.

North America leads the global identity verification market as the region has a high level of digitalization across industries, with advanced technological infrastructure and widespread adoption of online services. This digital maturity creates a fertile ground for identity verification solutions to thrive. Besides this, North America is home to a large number of major players in the identity verification market, including technology companies, financial institutions, and e-commerce giants. The presence of these industry leaders contributes to the development and adoption of innovative identity verification solutions, driving the market forward. Additionally, stringent regulations and compliance requirements, such as the Bank Secrecy Act (BSA) and the USA PATRIOT Act, have compelled organizations in the region, particularly in the financial sector, to prioritize robust identity verification processes to combat fraud and money laundering. The region's proactive approach towards data privacy and protection, exemplified by regulations like the California Consumer Privacy Act (CCPA) and the Health Insurance Portability and Accountability Act (HIPAA), further emphasizes the importance of secure identity verification solutions.

Competitive Landscape:

The competitive landscape in the global identity verification market is characterized by intense competition among several key players. The market is dominated by a mix of established technology companies, financial institutions, and specialized identity verification providers. Additionally, specialized identity verification providers are focusing solely on developing cutting-edge verification solutions, offering a wide range of features such as biometric authentication, document verification, and liveness detection. The competitive landscape is further shaped by strategic partnerships and acquisitions, as companies seek to expand their offerings and market reach. Moreover, the market is witnessing the entry of innovative startups, bringing disruptive technologies and approaches to the field.

The report has provided a comprehensive analysis of the competitive landscape in the market. Detailed profiles of all major companies have also been provided. Some of the key players in the market include:

Acuant Inc.

AuthenticID Inc.

Equifax Inc.

Experian PLC

Intellicheck Inc.

Jumio Corporation

Mastercard Inc.

Mitek Systems Inc.

Onfido

Thales Group

TransUnion

Trulioo

Recent Developments:

In July 2023, Mastercard announced to use AI-powered insights to help banks predict scams in real time and before any money leaves a victim's account.

In June 2023, Experian announced the launch of 4D Credit, a new suite of services designed to help lenders better manage their commercial lending portfolio and provide valuable support for small businesses.

In October 2022, AuthenticID launched Identity Pass, a next-generation digital identity wallet. It is a single tool to store and manage an individual's identity verification documents, including drivers licenses, identity cards, and passports.

Key Questions Answered in This Report:

  • How has the global identity verification market performed so far, and how will it perform in the coming years?
  • What are the drivers, restraints, and opportunities in the global identity verification market?
  • What is the impact of each driver, restraint, and opportunity on the global identity verification market?
  • What are the key regional markets?
  • Which countries represent the most attractive identity verification market?
  • What is the breakup of the market based on the type?
  • Which is the most attractive type in the identity verification market?
  • What is the breakup of the market based on component?
  • Which is the most attractive component in the identity verification market?
  • What is the breakup of the market based on the deployment mode?
  • Which is the most attractive deployment mode in the identity verification market?
  • What is the breakup of the market based on the organization size?
  • Which is the most attractive organization size in the identity verification market?
  • What is the breakup of the market based on the vertical?
  • Which is the most attractive vertical in the identity verification market?
  • What is the competitive structure of the global identity verification market?
  • Who are the key players/companies in the global identity verification market?

Table of Contents

1 Preface

2 Scope and Methodology

  • 2.1 Objectives of the Study
  • 2.2 Stakeholders
  • 2.3 Data Sources
    • 2.3.1 Primary Sources
    • 2.3.2 Secondary Sources
  • 2.4 Market Estimation
    • 2.4.1 Bottom-Up Approach
    • 2.4.2 Top-Down Approach
  • 2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

  • 4.1 Overview
  • 4.2 Key Industry Trends

5 Global Identity Verification Market

  • 5.1 Market Overview
  • 5.2 Market Performance
  • 5.3 Impact of COVID-19
  • 5.4 Market Forecast

6 Market Breakup by Type

  • 6.1 Biometrics
    • 6.1.1 Market Trends
    • 6.1.2 Market Forecast
  • 6.2 Non-Biometrics
    • 6.2.1 Market Trends
    • 6.2.2 Market Forecast

7 Market Breakup by Component

  • 7.1 Solutions
    • 7.1.1 Market Trends
    • 7.1.2 Market Forecast
  • 7.2 Services
    • 7.2.1 Market Trends
    • 7.2.2 Market Forecast

8 Market Breakup by Deployment Mode

  • 8.1 On-premises
    • 8.1.1 Market Trends
    • 8.1.2 Market Forecast
  • 8.2 Cloud-based
    • 8.2.1 Market Trends
    • 8.2.2 Market Forecast

9 Market Breakup by Organization Size

  • 9.1 Small and Medium-sized Enterprises
    • 9.1.1 Market Trends
    • 9.1.2 Market Forecast
  • 9.2 Large Enterprises
    • 9.2.1 Market Trends
    • 9.2.2 Market Forecast

10 Market Breakup by Vertical

  • 10.1 BFSI
    • 10.1.1 Market Trends
    • 10.1.2 Market Forecast
  • 10.2 Government and Defense
    • 10.2.1 Market Trends
    • 10.2.2 Market Forecast
  • 10.3 Healthcare and Life Sciences
    • 10.3.1 Market Trends
    • 10.3.2 Market Forecast
  • 10.4 Retail and E-Commerce
    • 10.4.1 Market Trends
    • 10.4.2 Market Forecast
  • 10.5 IT and Telecommunication
    • 10.5.1 Market Trends
    • 10.5.2 Market Forecast
  • 10.6 Energy and Utilities
    • 10.6.1 Market Trends
    • 10.6.2 Market Forecast
  • 10.7 Others
    • 10.7.1 Market Trends
    • 10.7.2 Market Forecast

11 Market Breakup by Region

  • 11.1 North America
    • 11.1.1 United States
      • 11.1.1.1 Market Trends
      • 11.1.1.2 Market Forecast
    • 11.1.2 Canada
      • 11.1.2.1 Market Trends
      • 11.1.2.2 Market Forecast
  • 11.2 Asia-Pacific
    • 11.2.1 China
      • 11.2.1.1 Market Trends
      • 11.2.1.2 Market Forecast
    • 11.2.2 Japan
      • 11.2.2.1 Market Trends
      • 11.2.2.2 Market Forecast
    • 11.2.3 India
      • 11.2.3.1 Market Trends
      • 11.2.3.2 Market Forecast
    • 11.2.4 South Korea
      • 11.2.4.1 Market Trends
      • 11.2.4.2 Market Forecast
    • 11.2.5 Australia
      • 11.2.5.1 Market Trends
      • 11.2.5.2 Market Forecast
    • 11.2.6 Indonesia
      • 11.2.6.1 Market Trends
      • 11.2.6.2 Market Forecast
    • 11.2.7 Others
      • 11.2.7.1 Market Trends
      • 11.2.7.2 Market Forecast
  • 11.3 Europe
    • 11.3.1 Germany
      • 11.3.1.1 Market Trends
      • 11.3.1.2 Market Forecast
    • 11.3.2 France
      • 11.3.2.1 Market Trends
      • 11.3.2.2 Market Forecast
    • 11.3.3 United Kingdom
      • 11.3.3.1 Market Trends
      • 11.3.3.2 Market Forecast
    • 11.3.4 Italy
      • 11.3.4.1 Market Trends
      • 11.3.4.2 Market Forecast
    • 11.3.5 Spain
      • 11.3.5.1 Market Trends
      • 11.3.5.2 Market Forecast
    • 11.3.6 Russia
      • 11.3.6.1 Market Trends
      • 11.3.6.2 Market Forecast
    • 11.3.7 Others
      • 11.3.7.1 Market Trends
      • 11.3.7.2 Market Forecast
  • 11.4 Latin America
    • 11.4.1 Brazil
      • 11.4.1.1 Market Trends
      • 11.4.1.2 Market Forecast
    • 11.4.2 Mexico
      • 11.4.2.1 Market Trends
      • 11.4.2.2 Market Forecast
    • 11.4.3 Others
      • 11.4.3.1 Market Trends
      • 11.4.3.2 Market Forecast
  • 11.5 Middle East and Africa
    • 11.5.1 Market Trends
    • 11.5.2 Market Breakup by Country
    • 11.5.3 Market Forecast

12 SWOT Analysis

  • 12.1 Overview
  • 12.2 Strengths
  • 12.3 Weaknesses
  • 12.4 Opportunities
  • 12.5 Threats

13 Value Chain Analysis

14 Porters Five Forces Analysis

  • 14.1 Overview
  • 14.2 Bargaining Power of Buyers
  • 14.3 Bargaining Power of Suppliers
  • 14.4 Degree of Competition
  • 14.5 Threat of New Entrants
  • 14.6 Threat of Substitutes

15 Price Analysis

16 Competitive Landscape

  • 16.1 Market Structure
  • 16.2 Key Players
  • 16.3 Profiles of Key Players
    • 16.3.1 Acuant Inc.
      • 16.3.1.1 Company Overview
      • 16.3.1.2 Product Portfolio
    • 16.3.2 AuthenticID Inc.
      • 16.3.2.1 Company Overview
      • 16.3.2.2 Product Portfolio
    • 16.3.3 Equifax Inc.
      • 16.3.3.1 Company Overview
      • 16.3.3.2 Product Portfolio
      • 16.3.3.3 Financials
      • 16.3.3.4 SWOT Analysis
    • 16.3.4 Experian PLC
      • 16.3.4.1 Company Overview
      • 16.3.4.2 Product Portfolio
      • 16.3.4.3 SWOT Analysis
    • 16.3.5 Intellicheck Inc.
      • 16.3.5.1 Company Overview
      • 16.3.5.2 Product Portfolio
      • 16.3.5.3 Financials
      • 16.3.5.4 SWOT Analysis
    • 16.3.6 Jumio Corporation
      • 16.3.6.1 Company Overview
      • 16.3.6.2 Product Portfolio
    • 16.3.7 Mastercard Inc.
      • 16.3.7.1 Company Overview
      • 16.3.7.2 Product Portfolio
      • 16.3.7.3 Financials
      • 16.3.7.4 SWOT Analysis
    • 16.3.8 Mitek Systems Inc.
      • 16.3.8.1 Company Overview
      • 16.3.8.2 Product Portfolio
      • 16.3.8.3 Financials
    • 16.3.9 Onfido
      • 16.3.9.1 Company Overview
      • 16.3.9.2 Product Portfolio
    • 16.3.10 Thales Group
      • 16.3.10.1 Company Overview
      • 16.3.10.2 Product Portfolio
      • 16.3.10.3 Financials
      • 16.3.10.4 SWOT Analysis
    • 16.3.11 TransUnion
      • 16.3.11.1 Company Overview
      • 16.3.11.2 Product Portfolio
      • 16.3.11.3 Financials
      • 16.3.11.4 SWOT Analysis
    • 16.3.12 Trulioo
      • 16.3.12.1 Company Overview
      • 16.3.12.2 Product Portfolio

List of Figures

  • Figure 1: Global: Identity Verification Market: Major Drivers and Challenges
  • Figure 2: Global: Identity Verification Market: Sales Value (in Billion US$), 2017-2022
  • Figure 3: Global: Identity Verification Market Forecast: Sales Value (in Billion US$), 2023-2028
  • Figure 4: Global: Identity Verification Market: Breakup by Type (in %), 2022
  • Figure 5: Global: Identity Verification Market: Breakup by Component (in %), 2022
  • Figure 6: Global: Identity Verification Market: Breakup by Deployment Mode (in %), 2022
  • Figure 7: Global: Identity Verification Market: Breakup by Organization Size (in %), 2022
  • Figure 8: Global: Identity Verification Market: Breakup by Vertical (in %), 2022
  • Figure 9: Global: Identity Verification Market: Breakup by Region (in %), 2022
  • Figure 10: Global: Identity Verification (Biometrics) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 11: Global: Identity Verification (Biometrics) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 12: Global: Identity Verification (Non-Biometrics) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 13: Global: Identity Verification (Non-Biometrics) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 14: Global: Identity Verification (Solutions) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 15: Global: Identity Verification (Solutions) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 16: Global: Identity Verification (Services) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 17: Global: Identity Verification (Services) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 18: Global: Identity Verification (On-premises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 19: Global: Identity Verification (On-premises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 20: Global: Identity Verification (Cloud-based) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 21: Global: Identity Verification (Cloud-based) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 22: Global: Identity Verification (Small and Medium-sized Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 23: Global: Identity Verification (Small and Medium-sized Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 24: Global: Identity Verification (Large Enterprises) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 25: Global: Identity Verification (Large Enterprises) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 26: Global: Identity Verification (BFSI) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 27: Global: Identity Verification (BFSI) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 28: Global: Identity Verification (Government and Defense) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 29: Global: Identity Verification (Government and Defense) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 30: Global: Identity Verification (Healthcare and Life Sciences) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 31: Global: Identity Verification (Healthcare and Life Sciences) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 32: Global: Identity Verification (Retail and E-Commerce) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 33: Global: Identity Verification (Retail and E-Commerce) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 34: Global: Identity Verification (IT and Telecommunication) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 35: Global: Identity Verification (IT and Telecommunication) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 36: Global: Identity Verification (Energy and Utilities) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 37: Global: Identity Verification (Energy and Utilities) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 38: Global: Identity Verification (Other Verticals) Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 39: Global: Identity Verification (Other Verticals) Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 40: North America: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 41: North America: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 42: United States: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 43: United States: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 44: Canada: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 45: Canada: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 46: Asia-Pacific: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 47: Asia-Pacific: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 48: China: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 49: China: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 50: Japan: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 51: Japan: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 52: India: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 53: India: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 54: South Korea: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 55: South Korea: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 56: Australia: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 57: Australia: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 58: Indonesia: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 59: Indonesia: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 60: Others: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 61: Others: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 62: Europe: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 63: Europe: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 64: Germany: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 65: Germany: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 66: France: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 67: France: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 68: United Kingdom: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 69: United Kingdom: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 70: Italy: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 71: Italy: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 72: Spain: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 73: Spain: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 74: Russia: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 75: Russia: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 76: Others: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 77: Others: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 78: Latin America: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 79: Latin America: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 80: Brazil: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 81: Brazil: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 82: Mexico: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 83: Mexico: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 84: Others: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 85: Others: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 86: Middle East and Africa: Identity Verification Market: Sales Value (in Million US$), 2017 & 2022
  • Figure 87: Middle East and Africa: Identity Verification Market: Breakup by Country (in %), 2022
  • Figure 88: Middle East and Africa: Identity Verification Market Forecast: Sales Value (in Million US$), 2023-2028
  • Figure 89: Global: Identity Verification Industry: SWOT Analysis
  • Figure 90: Global: Identity Verification Industry: Value Chain Analysis
  • Figure 91: Global: Identity Verification Industry: Porter's Five Forces Analysis

List of Tables

  • Table 1: Global: Identity Verification Market: Key Industry Highlights, 2022 and 2028
  • Table 2: Global: Identity Verification Market Forecast: Breakup by Type (in Million US$), 2023-2028
  • Table 3: Global: Identity Verification Market Forecast: Breakup by Component (in Million US$), 2023-2028
  • Table 4: Global: Identity Verification Market Forecast: Breakup by Deployment Mode (in Million US$), 2023-2028
  • Table 5: Global: Identity Verification Market Forecast: Breakup by Organization Size (in Million US$), 2023-2028
  • Table 6: Global: Identity Verification Market Forecast: Breakup by Vertical (in Million US$), 2023-2028
  • Table 7: Global: Identity Verification Market Forecast: Breakup by Region (in Million US$), 2023-2028
  • Table 8: Global: Identity Verification Market: Competitive Structure
  • Table 9: Global: Identity Verification Market: Key Players