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Market Research Report
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1027574

Global Digital Identity Solutions Market Size study, by Component (Solution, Services) by Solution (Bio-metrics, Non-biometrics), by Authentication (Single-factor authentication, Multi-factor authentication), and Regional Forecasts 2021-2027

Published: | Bizwit Research & Consulting LLP | Delivery time: 2-3 business days

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Global Digital Identity Solutions Market Size study, by Component (Solution, Services) by Solution (Bio-metrics, Non-biometrics), by Authentication (Single-factor authentication, Multi-factor authentication), and Regional Forecasts 2021-2027
Published: September 2, 2021
Bizwit Research & Consulting LLP
Delivery time: 2-3 business days
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  • Table of Contents
Description

Global Digital Identity Solutions Market is valued approximately at USD 20.44 Billion in 2020 and is anticipated to grow with a healthy growth rate of more than 16.2% over the forecast period 2021-2027. Digital identity-based security consists of biometric technology and includes multi-factor authentication, and is a better and secure way of authentication as compared to passwords. The global Digital Identity Solutions market is being driven by rising incidences of frauds related to identity and authentication, biometrics integration in smartphones as well as increase in focus towards enhancing end-to-end customer experience. . Furthermore, integration of AI, ML, and block chain technologies to enhance digital identities and growing adoption of the cloud-based digital identity solutions will provide new opportunities for the global Digital Identity Solutions industry. For instance, according to the Aite Group, in 2020, around 47% of Americans had experienced financial identity theft in 2020. Also, in US, the Stark Reality found that losses from identity theft cases cost around USD 502.5 billion in 2019 and increased by 42% amounting to USD 712.4 billion in year 2020. As a result, increase in identity and authentication frauds will necessitate the use of Digital Identity Solutions, thus propelling the market forward. However, higher cost involved in deploying digital identity solutions and lack of information security of consumer data, may impede market growth over the forecast period of 2021-2027.

Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key regions considered for the regional analysis of global Digital Identity Solutions Market. The presence of several prominent market players delivering advanced solutions to all the industry verticals in the region makes North America the leading region across the world in terms of market share. Whereas North America is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to rising strategic investments, partnerships, and rising R&D activities in the region.

Major market player included in this report are:

NEC

Samsung SDS

Thales Group

GBC

Telus

Tessi

Daon

IDEMIA

Forgerock

Jumio

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Component :

Solution

Services

By Solution:

Biometrics

Non-biometrics

By Authentication:

Single-factor authentication

Multi-factor authentication

By Region:

North America

U.S.

Canada

Europe

UK

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019

Base year - 2020

Forecast period - 2021 to 2027.

Target Audience of the Global Digital Identity Solutions Market in Market Study:

Key Consulting Companies & Advisors

Large, medium-sized, and small enterprises

Venture capitalists

Value-Added Resellers (VARs)

Third-party knowledge providers

Investment bankers

Investors

Table of Contents

Table of Contents

Chapter 1. Executive Summary

  • 1.1. Market Snapshot
  • 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
    • 1.2.1. Digital Identity Solutions Market , by Region, 2019-2027 (USD Billion)
    • 1.2.2. Digital Identity Solutions Market , by Component , 2019-2027 (USD Billion)
    • 1.2.3. Digital Identity Solutions Market , by Solution , 2019-2027 (USD Billion)
    • 1.2.4. Digital Identity Solutions Market , by Authentication , 2019-2027 (USD Billion)
  • 1.3. Key Trends
  • 1.4. Estimation Methodology
  • 1.5. Research Assumption

Chapter 2. Global Digital Identity Solutions Market Definition and Scope

  • 2.1. Objective of the Study
  • 2.2. Market Definition & Scope
    • 2.2.1. Scope of the Study
    • 2.2.2. Industry Evolution
  • 2.3. Years Considered for the Study
  • 2.4. Currency Conversion Rates

Chapter 3. Global Digital Identity Solutions Market Dynamics

  • 3.1. Digital Identity Solutions Market Impact Analysis (2019-2027)
    • 3.1.1. Market Drivers
      • 3.1.1.1. Rise in identity and authentication frauds
      • 3.1.1.2. Integration of biometrics in smartphones
      • 3.1.1.3. Increased focus to enhance end-to-end customer experience
    • 3.1.2. Market Restraint
      • 3.1.2.1. Higher cost involved in deploying digital identity solutions
      • 3.1.2.2. Lack of information security of consumer data
    • 3.1.3. Market Opportunities
      • 3.1.3.1. Integration of AI, ML, and block chain technologies to enhance digital identities
      • 3.1.3.2. Increase in adoption of the cloud-based digital identity solutions

Chapter 4. Global Digital Identity Solutions Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model (2018-2027)
  • 4.2. PEST Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
  • 4.3. Investment Adoption Model
  • 4.4. Analyst Recommendation & Conclusion

Chapter 5. Global Digital Identity Solutions Market , by Component

  • 5.1. Market Snapshot
  • 5.2. Global Digital Identity Solutions Market by Component , Performance - Potential Analysis
  • 5.3. Global Digital Identity Solutions Market Estimates & Forecasts by Component 2018-2027 (USD Billion)
  • 5.4. Digital Identity Solutions Market , Sub Segment Analysis
    • 5.4.1. Solutions
    • 5.4.2. Services

Chapter 6. Global Digital Identity Solutions Market , by Solution

a. Market Snapshot

  • 6.1. Global Digital Identity Solutions Market by Solution, Performance - Potential Analysis
  • 6.2. Global Digital Identity Solutions Market Estimates & Forecasts by Solution 2018-2027 (USD Billion)
  • 6.3. Digital Identity Solutions Market , Sub Segment Analysis
    • 6.3.1. Biometrics
    • 6.3.2. Non-Biometrics

Chapter 7. Global Digital Identity Solutions Market , by Authentication

b. Market Snapshot

  • 7.1. Global Digital Identity Solutions Market by Authentication , Performance - Potential Analysis
  • 7.2. Global Digital Identity Solutions Market Estimates & Forecasts by Authentication 2018-2027 (USD Billion)
  • 7.3. Digital Identity Solutions Market , Sub Segment Analysis
    • 7.3.1. Single-factor authentication
    • 7.3.2. Multi-factor authentication

Chapter 8. Global Digital Identity Solutions Market , Regional Analysis

  • 8.1. Digital Identity Solutions Market , Regional Market Snapshot
  • 8.2. North America Digital Identity Solutions Market
    • 8.2.1. U.S. Digital Identity Solutions Market
      • 8.2.1.1. Component breakdown estimates & forecasts, 2018-2027
      • 8.2.1.2. Solution breakdown estimates & forecasts, 2018-2027
      • 8.2.1.3. Authentication breakdown estimates & forecasts, 2018-2027
    • 8.2.2. Canada Digital Identity Solutions Market
  • 8.3. Europe Digital Identity Solutions Market Snapshot
    • 8.3.1. U.K. Digital Identity Solutions Market
    • 8.3.2. Germany Digital Identity Solutions Market
    • 8.3.3. France Digital Identity Solutions Market
    • 8.3.4. Spain Digital Identity Solutions Market
    • 8.3.5. Italy Digital Identity Solutions Market
    • 8.3.6. Rest of Europe Digital Identity Solutions Market
  • 8.4. Asia-Pacific Digital Identity Solutions Market Snapshot
    • 8.4.1. China Digital Identity Solutions Market
    • 8.4.2. India Digital Identity Solutions Market
    • 8.4.3. Japan Digital Identity Solutions Market
    • 8.4.4. Australia Digital Identity Solutions Market
    • 8.4.5. South Korea Digital Identity Solutions Market
    • 8.4.6. Rest of Asia Pacific Digital Identity Solutions Market
  • 8.5. Latin America Digital Identity Solutions Market Snapshot
    • 8.5.1. Brazil Digital Identity Solutions Market
    • 8.5.2. Mexico Digital Identity Solutions Market
  • 8.6. Rest of The World Digital Identity Solutions Market

Chapter 9. Competitive Intelligence

  • 9.1. Top Market Strategies
  • 9.2. Company Profiles
    • 9.2.1. NEC
      • 9.2.1.1. Key Information
      • 9.2.1.2. Overview
      • 9.2.1.3. Financial (Subject to Data Availability)
      • 9.2.1.4. Product Summary
      • 9.2.1.5. Recent Developments
    • 9.2.2. Samsung SDS
    • 9.2.3. Thales Group
    • 9.2.4. GBC
    • 9.2.5. Telus
    • 9.2.6. Tessi
    • 9.2.7. Daon
    • 9.2.8. IDEMIA
    • 9.2.9. Forgerock
    • 9.2.10. Jumio

Chapter 10. Research Process

  • 10.1. Research Process
    • 10.1.1. Data Mining
    • 10.1.2. Analysis
    • 10.1.3. Market Estimation
    • 10.1.4. Validation
    • 10.1.5. Publishing
  • 10.2. Research Attributes
  • 10.3. Research Assumption

LIST OF TABLES

  • TABLE 2. Global Digital Identity Solutions Market , report scope
  • TABLE 3. Global Digital Identity Solutions Market estimates & forecasts by region 2018-2027 (USD Billion)
  • TABLE 4. Global Digital Identity Solutions Market estimates & forecasts by Component 2018-2027 (USD Billion)
  • TABLE 5. Global Digital Identity Solutions Market estimates & forecasts by Solution 2018-2027 (USD Billion)
  • TABLE 6. Global Digital Identity Solutions Market estimates & forecasts by Authentication 2018-2027 (USD Billion)
  • TABLE 7. Global Digital Identity Solutions Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 8. Global Digital Identity Solutions Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 9. Global Digital Identity Solutions Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 10. Global Digital Identity Solutions Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 11. Global Digital Identity Solutions Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 12. Global Digital Identity Solutions Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 13. Global Digital Identity Solutions Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 14. Global Digital Identity Solutions Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 15. Global Digital Identity Solutions Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 16. Global Digital Identity Solutions Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 17. Global Digital Identity Solutions Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 18. Global Digital Identity Solutions Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 19. Global Digital Identity Solutions Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 20. Global Digital Identity Solutions Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 21. Global Digital Identity Solutions Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 22. Global Digital Identity Solutions Market by region, estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 23. U.S. Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 24. U.S. Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 25. U.S. Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 26. Canada Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 27. Canada Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 28. Canada Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 29. UK Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 30. UK Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 31. UK Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 32. Germany Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 33. Germany Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 34. Germany Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 35. France Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 36. France Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 37. France Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 38. Spain Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 39. Spain Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 40. Spain Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 41. Italy Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 42. Italy Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 43. Italy Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 44. ROE Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 45. ROE Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 46. ROE Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 47. China Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 48. China Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 49. China Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 50. India Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 51. India Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 52. India Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 53. Japan Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 54. Japan Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 55. Japan Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 56. Australia Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 57. Australia Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 58. Australia Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 59. South Korea Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 60. South Korea Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 61. South Korea Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 62. ROPAC Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 63. ROPAC Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 64. ROPAC Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 65. Brazil Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 66. Brazil Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 67. Brazil Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 68. Mexico Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 69. Mexico Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 70. Mexico Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 71. ROLA Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 72. ROLA Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 73. ROLA Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 74. ROW Digital Identity Solutions Market estimates & forecasts, 2018-2027 (USD Billion)
  • TABLE 75. ROW Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 76. ROW Digital Identity Solutions Market estimates & forecasts by segment 2018-2027 (USD Billion)
  • TABLE 77. List of secondary sources used in the study of global Digital Identity Solutions Market .
  • TABLE 78. List of primary sources used in the study of global Digital Identity Solutions Market .
  • TABLE 79. Years considered for the study.
  • TABLE 80. Exchange rates considered.

LIST OF FIGURES

List of figures

  • FIG 1. Global Digital Identity Solutions Market , research methodology
  • FIG 2. Global Digital Identity Solutions Market , market estimation techniques
  • FIG 3. Global market size estimates & forecast methods
  • FIG 4. Global Digital Identity Solutions Market , key trends 2020
  • FIG 5. Global Digital Identity Solutions Market , growth prospects 2021-2027
  • FIG 6. Global Digital Identity Solutions Market , porters 5 force model
  • FIG 7. Global Digital Identity Solutions Market , pest analysis
  • FIG 8. Global Digital Identity Solutions Market , value chain analysis
  • FIG 9. Global Digital Identity Solutions Market by segment, 2018 & 2027 (USD Billion)
  • FIG 10. Global Digital Identity Solutions Market by segment, 2018 & 2027 (USD Billion)
  • FIG 11. Global Digital Identity Solutions Market by segment, 2018 & 2027 (USD Billion)
  • FIG 12. Global Digital Identity Solutions Market by segment, 2018 & 2027 (USD Billion)
  • FIG 13. Global Digital Identity Solutions Market by segment, 2018 & 2027 (USD Billion)
  • FIG 14. Global Digital Identity Solutions Market by segment, 2018 & 2027 (USD Billion)
  • FIG 15. Global Digital Identity Solutions Market by segment, 2018 & 2027 (USD Billion)
  • FIG 16. Global Digital Identity Solutions Market by segment, 2018 & 2027 (USD Billion)
  • FIG 17. Global Digital Identity Solutions Market , regional snapshot 2018 & 2027
  • FIG 18. North America Digital Identity Solutions Market 2018 & 2027 (USD Billion)
  • FIG 19. Europe Digital Identity Solutions Market 2018 & 2027 (USD Billion)
  • FIG 20. Asia-Pacific Digital Identity Solutions Market 2018 & 2027 (USD Billion)
  • FIG 21. Latin America Digital Identity Solutions Market 2018 & 2027 (USD Billion)
  • FIG 22. Global Digital Identity Solutions Market , company market share analysis (2020)