Global digital identity solutions market will reach $122.98 billion by 2032, growing by 16.9% annually over 2022-2032 owing to rising identity and authentication frauds, digitization trend with increased integration of biometrics in smartphones, and increased focus on enhanced end-to-end customer experience.
Highlighted with 146 tables and 98 figures, this 243-page report "Global Digital Identity Solutions Market 2022-2032 by Offering (Hardware, Software, IDaaS), Technology (Biometrics, Non-Biometrics), Authentication Type, Deployment Mode, Organization Size, Industry Vertical, and Region: Trend Forecast and Growth Opportunity" is based on a holistic research of the entire global digital identity solutions market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global digital identity solutions market in every aspect of the classification from perspectives of Offering, Technology, Authentication Type, Deployment Mode, Organization Size, Industry Vertical, and Region.
Based on Offering, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
• Software
• Identity-as-a-Service (IDaaS)
Based on Technology, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Biometrics
o Fingerprint Recognition
o Facial Recognition
o Iris Recognition
o Voice Recognition
o Palm/Hand Recognition
o Other Biometric Identities
• Non-Biometrics
Based on Authentication Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Single-Factor Authentication
• Multi-Factor Authentication
o Two-Factor Authentication
o Three-Factor Authentication
o Four-Factor Authentication
Based on Deployment Mode, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• On-Premises Solutions
• Cloud-based Solutions
• Hybrid Solutions
Based on Organization Size, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Small and Medium-Sized Enterprises
• Large Enterprises
Based on Industry Vertical, the global market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Banking, Financial Services, and Insurance
• Government and Public Service
• Retail and Ecommerce
• Media and Entertainment
• Manufacturing
• Healthcare
• IT and Telecom
• Energy and Utilities
• Cryptocurrency
• Other Industry Verticals
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (UAE, Saudi Arabia, South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and split of key national markets by Technology, Authentication Type, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Specifically, potential risks associated with investing in global digital identity solutions market are assayed quantitatively and qualitatively through GMD's Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
AU10TIX
Avanade Inc.
Akamai Technologies
BioID Technology
Daon, Inc.
Duo Security (Cisco)
DXC Technology Company
Fingerprint Cards Ab
ForgeRock
GB Group plc (GBG)
Gemalto NV (Thales Group)
IDEMIA France SAS
ImageWare Systems Inc.
IriTech Inc.
Jumio
NEC Corporation
OneLogin
Precise Biometrics AB
Refinitiv
Samsung SDS
SmilePass Ltd.
TelosID
Telus
Tessi
Verisec
Vintegris Tech
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 12
1.1 Industry Definition and Research Scope 12
1.1.1 Industry Definition 12
1.1.2 Research Scope 13
1.2 Research Methodology 16
1.2.1 Overview of Market Research Methodology 16
1.2.2 Market Assumption 17
1.2.3 Secondary Data 17
1.2.4 Primary Data 17
1.2.5 Data Filtration and Model Design 18
1.2.6 Market Size/Share Estimation 19
1.2.7 Research Limitations 20
1.3 Executive Summary 21
2 Market Overview and Dynamics 24
2.1 Market Size and Forecast 24
2.1.1 Impact of COVID-19 on World Economy 29
2.1.2 Impact of COVID-19 on the Market 32
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 34
2.2 Major Growth Drivers 38
2.3 Market Restraints and Challenges 42
2.4 Emerging Opportunities and Market Trends 45
2.5 Porter's Fiver Forces Analysis 49
3 Segmentation of Global Market by Offering 53
3.1 Market Overview by Offering 53
3.2 Hardware 55
3.3 Software 56
3.4 Identity-as-a-Service (IDaaS) 57
4 Segmentation of Global Market by Technology 58
4.1 Market Overview by Technology 58
4.2 Biometrics 60
4.2.1 Fingerprint Recognition 62
4.2.2 Facial Recognition 63
4.2.3 Iris Recognition 64
4.2.4 Voice Recognition 65
4.2.5 Palm/Hand Recognition 66
4.2.6 Other Biometric Identities 67
4.3 Non-Biometrics 68
5 Segmentation of Global Market by Authentication Type 69
5.1 Market Overview by Authentication Type 69
5.2 Single-Factor Authentication 71
5.3 Multi-Factor Authentication 72
5.3.1 Two-Factor Authentication 74
5.3.2 Three-Factor Authentication 75
5.3.3 Four-Factor Authentication 76
6 Segmentation of Global Market by Deployment Mode 77
6.1 Market Overview by Deployment Mode 77
6.2 On-Premises Solutions 79
6.3 Cloud-based Solutions 80
6.4 Hybrid Solutions 81
7 Segmentation of Global Market by Organization Size 82
7.1 Market Overview by Organization Size 82
7.2 Small and Medium-Sized Enterprises 84
7.3 Large Enterprises 85
8 Segmentation of Global Market by Industry Vertical 86
8.1 Market Overview by Industry Vertical 86
8.2 Banking, Financial Services, and Insurance 88
8.3 Government and Public Service 89
8.4 Retail and Ecommerce 90
8.5 Media and Entertainment 91
8.6 Manufacturing 92
8.7 Healthcare 93
8.8 IT and Telecom 94
8.9 Energy and Utilities 95
8.10 Cryptocurrency 96
8.11 Other Industry Verticals 97
9 Segmentation of Global Market by Region 98
9.1 Geographic Market Overview 2022-2032 98
9.2 North America Market 2022-2032 by Country 102
9.2.1 Overview of North America Market 102
9.2.2 U.S. 106
9.2.3 Canada 109
9.2.4 Mexico 111
9.3 European Market 2022-2032 by Country 113
9.3.1 Overview of European Market 113
9.3.2 Germany 117
9.3.3 UK 119
9.3.4 France 121
9.3.5 Spain 123
9.3.6 Italy 125
9.3.7 Russia 127
9.3.8 Rest of European Market 129
9.4 Asia-Pacific Market 2022-2032 by Country 131
9.4.1 Overview of Asia-Pacific Market 131
9.4.2 Japan 135
9.4.3 China 138
9.4.4 Australia 140
9.4.5 India 142
9.4.6 South Korea 144
9.4.7 Rest of APAC Region 147
9.5 South America Market 2022-2032 by Country 149
9.5.1 Argentina 152
9.5.2 Brazil 154
9.5.3 Chile 156
9.5.4 Rest of South America Market 158
9.6 MEA Market 2022-2032 by Country 159
9.6.1 UAE 162
9.6.2 Saudi Arabia 164
9.6.3 South Africa 166
9.6.4 Other National Markets 168
10 Competitive Landscape 169
10.1 Overview of Key Vendors 169
10.2 New Product Launch, Partnership, Investment, and M&A 172
10.3 Company Profiles 173
AU10TIX 173
Avanade Inc. 175
Akamai Technologies 177
BioID Technology 179
Daon, Inc. 182
Duo Security (Cisco) 184
DXC Technology Company 186
Fingerprint Cards Ab 188
ForgeRock 191
GB Group plc (GBG) 193
Gemalto NV (Thales Group) 195
IDEMIA France SAS 201
ImageWare Systems Inc. 204
IriTech Inc. 208
Jumio 210
NEC Corporation 211
OneLogin 216
Precise Biometrics AB 218
Refinitiv 221
Samsung SDS 223
SmilePass Ltd. 225
TelosID 227
Telus 229
Tessi 231
Verisec 233
Vintegris Tech 235
11 Investing in Global Market: Risk Assessment and Management 237
11.1 Risk Evaluation of Global Market 237
11.2 Critical Success Factors (CSFs) 240
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