Identity Verification Market - Global Identity Verification Market Industry Analysis, Size, Share, Growth, Trends, Regional Outlook, and Forecast 2023-2030 -

Description

The global identity verification market is on an upward trajectory, with significant expansion anticipated from its 2022 valuation of US$9.8 billion to a projected US$29.7 billion by 2030. This remarkable growth is forecasted to be driven by a robust compound annual growth rate (CAGR) of 17.2% during the period from 2023 to 2030.

Key Market Trends

Rising Identity Theft and Cyberattacks: The market's growth is fueled by the escalating incidence of identity theft and cyberattacks. Increased awareness among businesses and governmental organizations regarding the necessity of identity theft protection services to thwart fraudulent activities is also contributing to market expansion.

Growing Demand for Data Protection: As internet usage and online banking services proliferate worldwide, there is an increasing demand among individuals to safeguard their personal data, including financial information. This surge in internet usage is propelling market growth.

Dominance of Biometrics: In 2022, the biometrics category held the lion's share of market revenue. Biometrics is the most commonly used technique for identity confirmation, relying on one or more biological traits to establish an individual's identity.

BFSI Sector's Significance: The BFSI vertical category is poised to lead the market, driven by the digitization of banking processes, including digital onboarding and digital payments, which enhances the customer experience and necessitates identity verification worldwide.

Cloud-Based Solutions: The cloud segment took the lead in 2022 in driving market growth. Cloud-based identity verification solutions enable businesses to reduce costs while enhancing corporate security.

Solution Category Leadership: In 2022, the market was led by the solution category, which encompasses digital identity verification, identity authentication, and ID verification. Solutions are a vital component of the market, along with services.

Large Enterprises Driving Demand: Large enterprises fueled market growth in 2022 due to their adoption of identity verification systems for cost reduction, combating rising fraud and identity theft, handling high-risk transactions, and compliance with various regulations.

North America's Dominance: North America is expected to capture the largest share of the global identity verification market. The expansion of government initiatives such as smart infrastructure, smart cities, and digital identification-based driver's licenses is expected to boost demand for identity verification.

Asia-Pacific's Rapid Growth: The Asia-Pacific region is forecasted to exhibit the highest growth rate in the identity verification market during the forecast period. Increased technology adoption, government efforts to combat identity-related fraud, and strengthened eKYC for identity authentication are driving this growth.

Key Growth Determinants

Increasing Internet Access and Digital Literacy: The rising trend of smart services offered by various businesses is expected to drive the demand for virtual identity verification. The global need for corporate identity verification is growing due to the rise in online transactions, including online onboarding and financial activities.

Rising Digitalization: The digitalization of the world has necessitated enhanced identity verification methods to protect intellectual property and secure access to digital services. Initiatives like electronic cards (eID), smart border controls, smart cities, and smart airports contribute to the need for identity verification.

Adoption of Biometric Devices: Advanced mobile devices with powerful capabilities are enabling self-service identity verification. Biometrics, as a form of digital identity, offers attribution to individuals and is less susceptible to impersonation when appropriately regulated. This drives the market's growth.

Major Challenges

Prohibitive Costs: The high deployment and maintenance costs of identity verification technologies may impede growth, as they pose budgetary constraints for research organizations and smaller entities.

Lack of Technological Expertise: The scarcity of technical expertise, particularly in developed and developing economies, along with a shortage of skilled professionals, may hinder market growth.

Regional Highlights

North America's Market Dominance: North America, with its advanced technology infrastructure, large population of early technology adopters, and presence of key industry players, is expected to lead the market.

Asia-Pacific's Promising Prospects: Asia Pacific is anticipated to experience the fastest growth in the identity verification market due to government initiatives against identity-related fraud and increased adoption of new technologies.

Competitive Landscape

The global identity verification market is characterized by a high degree of fragmentation, with multiple regional and international competitors. Software companies expanding into online identity check and verification operations contribute to market dynamics.

Leading Companies in Global Identity Verification

Experian (Ireland)
GBG (UK)
Equifax (US)
Mitek Systems (US)
Thales Group (France)
LexisNexis Risk Solutions (US)
Onfido (UK)
Trulioo (Canada)
Acuant (US)
IDEMIA (France)
Jumio (US)
TransUnion (US)
IDology (US)
Innovatrics (Slovakia)
Applied Recognition (Canada)

Global Identity Verification Market is Segmented as Below:

By Type

Biometrics
Non-biometrics

By Vertical

BFSI
Government and Defence
Healthcare & Life Sciences
Retail and eCommerce
IT & ITeS
Energy and Utilities
Others (Education, Travel, and Gaming)

By Deployment

On-premises
Cloud

By Component

Solution
Service

By Organisation Size

SMEs
Large Enterprises

North America
- U.S.
- Canada

Europe
- Germany
- U.K.
- France
- Italy
- Turkey
- Russia
- Rest of Europe

Asia Pacific
- China
- Japan
- South Korea
- India
- Southeast Asia
- Rest of Asia Pacific

Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America

Middle East & Africa
- GCC
- South Africa
- Egypt
- Nigeria
- Rest of Middle East & Africa

1. Executive Summary

1.1. Global Identity Verification Market Snapshot
1.2. Future Projections
1.3. Key Market Trends
1.4. Regional Snapshot, by Value, 2022
1.5. Analyst Recommendations

2. Market Overview

2.1. Market Definitions and Segmentations
2.2. Market Dynamics
- 2.2.1. Drivers
- 2.2.2. Restraints
- 2.2.3. Market Opportunities
2.3. Value Chain Analysis
2.4. Porter's Five Forces Analysis
2.5. COVID-19 Impact Analysis
- 2.5.1. Supply
- 2.5.2. Demand
2.6. Impact of Ukraine-Russia Conflict
2.7. Economic Overview
- 2.7.1. World Economic Projections
2.8. PESTLE Analysis

3. Global Identity Verification Market Outlook, 2018 - 2030

3.1. Global Identity Verification Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 3.1.1. Key Highlights
  - 3.1.1.1. Biometrics
  - 3.1.1.2. Non-biometrics
3.2. Global Identity Verification Market Outlook, by Vertical, Value (US$ Bn), 2018 - 2030
- 3.2.1. Key Highlights
  - 3.2.1.1. BFSI
  - 3.2.1.2. Government and Defense
  - 3.2.1.3. Healthcare & Life Sciences
  - 3.2.1.4. Retail and eCommerce
  - 3.2.1.5. IT & IteS
  - 3.2.1.6. Energy and Utilities
  - 3.2.1.7. Others (Education, Travel, and Gaming)
3.3. Global Identity Verification Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
- 3.3.1. Key Highlights
  - 3.3.1.1. On-premises
  - 3.3.1.2. Cloud
3.4. Global Identity Verification Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
- 3.4.1. Key Highlights
  - 3.4.1.1. Solution
  - 3.4.1.2. Service
3.5. Global Identity Verification Market Outlook, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 3.5.1. Key Highlights Snacks
  - 3.5.1.1. SMEs
  - 3.5.1.2. Large Enterprises
3.6. Global Identity Verification Market Outlook, by Region, Value (US$ Bn), 2018 - 2030
- 3.6.1. Key Highlights
  - 3.6.1.1. North America
  - 3.6.1.2. Europe
  - 3.6.1.3. Asia Pacific
  - 3.6.1.4. Latin America
  - 3.6.1.5. Middle East & Africa

4. North America Identity Verification Market Outlook, 2018 - 2030

4.1. North America Identity Verification Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 4.1.1. Key Highlights
  - 4.1.1.1. Biometrics
  - 4.1.1.2. Non-biometrics
4.2. North America Identity Verification Market Outlook, by Vertical, Value (US$ Bn), 2018 - 2030
- 4.2.1. Key Highlights
  - 4.2.1.1. BFSI
  - 4.2.1.2. Government and Defense
  - 4.2.1.3. Healthcare & Life Sciences
  - 4.2.1.4. Retail and eCommerce
  - 4.2.1.5. IT & IteS
  - 4.2.1.6. Energy and Utilities
  - 4.2.1.7. Others (Education, Travel, and Gaming)
4.3. North America Identity Verification Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
- 4.3.1. Key Highlights
  - 4.3.1.1. On-premises
  - 4.3.1.2. Cloud
4.4. North America Identity Verification Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
- 4.4.1. Key Highlights
  - 4.4.1.1. Solution
  - 4.4.1.2. Service
4.5. North America Identity Verification Market Outlook, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 4.5.1. Key Highlights
  - 4.5.1.1. SMEs
  - 4.5.1.2. Large Enterprises
- 4.5.2. BPS Analysis/Market Attractiveness Analysis
4.6. North America Identity Verification Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 4.6.1. Key Highlights
  - 4.6.1.1. U.S. Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 4.6.1.2. U.S. Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 4.6.1.3. U.S. Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 4.6.1.4. U.S. Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 4.6.1.5. U.S. Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 4.6.1.6. Canada Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 4.6.1.7. Canada Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 4.6.1.8. Canada Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 4.6.1.9. Canada Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 4.6.1.10. Canada Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 4.6.2. BPS Analysis/Market Attractiveness Analysis

5. Europe Identity Verification Market Outlook, 2018 - 2030

5.1. Europe Identity Verification Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 5.1.1. Key Highlights
  - 5.1.1.1. Biometrics
  - 5.1.1.2. Non-biometrics
5.2. Europe Identity Verification Market Outlook, by Vertical, Value (US$ Bn), 2018 - 2030
- 5.2.1. Key Highlights
  - 5.2.1.1. BFSI
  - 5.2.1.2. Government and Defense
  - 5.2.1.3. Healthcare & Life Sciences
  - 5.2.1.4. Retail and eCommerce
  - 5.2.1.5. IT & IteS
  - 5.2.1.6. Energy and Utilities
  - 5.2.1.7. Others (Education, Travel, and Gaming)
5.3. Europe Identity Verification Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
- 5.3.1. Key Highlights
  - 5.3.1.1. On-premises
  - 5.3.1.2. Cloud
5.4. Europe Identity Verification Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
- 5.4.1. Key Highlights
  - 5.4.1.1. Solution
  - 5.4.1.2. Service
5.5. Europe Identity Verification Market Outlook, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 5.5.1. Key Highlights
  - 5.5.1.1. SMEs
  - 5.5.1.2. Large Enterprises
- 5.5.2. BPS Analysis/Market Attractiveness Analysis
5.6. Europe Identity Verification Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 5.6.1. Key Highlights
  - 5.6.1.1. Germany Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.6.1.2. Germany Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 5.6.1.3. Germany Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 5.6.1.4. Germany Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 5.6.1.5. Germany Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 5.6.1.6. U.K. Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.6.1.7. U.K. Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 5.6.1.8. U.K. Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 5.6.1.9. U.K. Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 5.6.1.10. U.K. Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 5.6.1.11. France Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.6.1.12. France Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 5.6.1.13. France Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 5.6.1.14. France Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 5.6.1.15. France Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 5.6.1.16. Italy Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.6.1.17. Italy Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 5.6.1.18. Italy Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 5.6.1.19. Italy Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 5.6.1.20. Italy Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 5.6.1.21. Turkey Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.6.1.22. Turkey Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 5.6.1.23. Turkey Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 5.6.1.24. Turkey Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 5.6.1.25. Turkey Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 5.6.1.26. Russia Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.6.1.27. Russia Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 5.6.1.28. Russia Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 5.6.1.29. Russia Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 5.6.1.30. Russia Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 5.6.1.31. Rest of Europe Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 5.6.1.32. Rest of Europe Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 5.6.1.33. Rest of Europe Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 5.6.1.34. Rest of Europe Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 5.6.1.35. Rest of Europe Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 5.6.2. BPS Analysis/Market Attractiveness Analysis

6. Asia Pacific Identity Verification Market Outlook, 2018 - 2030

6.1. Asia Pacific Identity Verification Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 6.1.1. Key Highlights
  - 6.1.1.1. Biometrics
  - 6.1.1.2. Non-biometrics
6.2. Asia Pacific Identity Verification Market Outlook, by Vertical, Value (US$ Bn), 2018 - 2030
- 6.2.1. Key Highlights
  - 6.2.1.1. BFSI
  - 6.2.1.2. Government and Defense
  - 6.2.1.3. Healthcare & Life Sciences
  - 6.2.1.4. Retail and eCommerce
  - 6.2.1.5. IT & IteS
  - 6.2.1.6. Energy and Utilities
  - 6.2.1.7. Others (Education, Travel, and Gaming)
6.3. Asia Pacific Identity Verification Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
- 6.3.1. Key Highlights
  - 6.3.1.1. On-premises
  - 6.3.1.2. Cloud
6.4. Asia Pacific Identity Verification Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
- 6.4.1. Key Highlights
  - 6.4.1.1. Solution
  - 6.4.1.2. Service
6.5. Asia Pacific Identity Verification Market Outlook, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 6.5.1. Key Highlights
  - 6.5.1.1. SMEs
  - 6.5.1.2. Large Enterprises
- 6.5.2. BPS Analysis/Market Attractiveness Analysis
6.6. Asia Pacific Identity Verification Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 6.6.1. Key Highlights
  - 6.6.1.1. China Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.6.1.2. China Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 6.6.1.3. China Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 6.6.1.4. China Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 6.6.1.5. China Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 6.6.1.6. Japan Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.6.1.7. Japan Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 6.6.1.8. Japan Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 6.6.1.9. Japan Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 6.6.1.10. Japan Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 6.6.1.11. South Korea Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.6.1.12. South Korea Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 6.6.1.13. South Korea Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 6.6.1.14. South Korea Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 6.6.1.15. South Korea Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 6.6.1.16. India Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.6.1.17. India Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 6.6.1.18. India Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 6.6.1.19. India Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 6.6.1.20. India Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 6.6.1.21. Southeast Asia Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.6.1.22. Southeast Asia Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 6.6.1.23. Southeast Asia Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 6.6.1.24. Southeast Asia Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 6.6.1.25. Southeast Asia Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 6.6.1.26. Rest of Asia Pacific Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 6.6.1.27. Rest of Asia Pacific Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 6.6.1.28. Rest of Asia Pacific Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 6.6.1.29. Rest of Asia Pacific Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 6.6.1.30. Rest of Asia Pacific Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 6.6.2. BPS Analysis/Market Attractiveness Analysis

7. Latin America Identity Verification Market Outlook, 2018 - 2030

7.1. Latin America Identity Verification Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 7.1.1. Key Highlights
  - 7.1.1.1. Biometrics
  - 7.1.1.2. Non-biometrics
7.2. Latin America Identity Verification Market Outlook, by Vertical, Value (US$ Bn), 2018 - 2030
- 7.2.1. Key Highlights
  - 7.2.1.1. BFSI
  - 7.2.1.2. Government and Defense
  - 7.2.1.3. Healthcare & Life Sciences
  - 7.2.1.4. Retail and eCommerce
  - 7.2.1.5. IT & IteS
  - 7.2.1.6. Energy and Utilities
  - 7.2.1.7. Others (Education, Travel, and Gaming)
7.3. Latin America Identity Verification Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
- 7.3.1. Key Highlights
  - 7.3.1.1. On-premises
  - 7.3.1.2. Cloud
7.4. Latin America Identity Verification Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
- 7.4.1. Key Highlights
  - 7.4.1.1. Solution
  - 7.4.1.2. Service
7.5. Latin America Identity Verification Market Outlook, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 7.5.1. Key Highlights
  - 7.5.1.1. SMEs
  - 7.5.1.2. Large Enterprises
- 7.5.2. BPS Analysis/Market Attractiveness Analysis
7.6. Latin America Identity Verification Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 7.6.1. Key Highlights
  - 7.6.1.1. Brazil Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.6.1.2. Brazil Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 7.6.1.3. Brazil Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 7.6.1.4. Brazil Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 7.6.1.5. Brazil Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 7.6.1.6. Mexico Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.6.1.7. Mexico Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 7.6.1.8. Mexico Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 7.6.1.9. Mexico Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 7.6.1.10. Mexico Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 7.6.1.11. Argentina Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.6.1.12. Argentina Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 7.6.1.13. Argentina Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 7.6.1.14. Argentina Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 7.6.1.15. Argentina Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 7.6.1.16. Rest of Latin America Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 7.6.1.17. Rest of Latin America Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 7.6.1.18. Rest of Latin America Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 7.6.1.19. Rest of Latin America Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 7.6.1.20. Rest of Latin America Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 7.6.2. BPS Analysis/Market Attractiveness Analysis

8. Middle East & Africa Identity Verification Market Outlook, 2018 - 2030

8.1. Middle East & Africa Identity Verification Market Outlook, by Type, Value (US$ Bn), 2018 - 2030
- 8.1.1. Key Highlights
  - 8.1.1.1. Biometrics
  - 8.1.1.2. Non-biometrics
8.2. Middle East & Africa Identity Verification Market Outlook, by Vertical, Value (US$ Bn), 2018 - 2030
- 8.2.1. Key Highlights
  - 8.2.1.1. BFSI
  - 8.2.1.2. Government and Defense
  - 8.2.1.3. Healthcare & Life Sciences
  - 8.2.1.4. Retail and eCommerce
  - 8.2.1.5. IT & IteS
  - 8.2.1.6. Energy and Utilities
  - 8.2.1.7. Others (Education, Travel, and Gaming)
8.3. Middle East & Africa Identity Verification Market Outlook, by Deployment, Value (US$ Bn), 2018 - 2030
- 8.3.1. Key Highlights
  - 8.3.1.1. On-premises
  - 8.3.1.2. Cloud
8.4. Middle East & Africa Identity Verification Market Outlook, by Component, Value (US$ Bn), 2018 - 2030
- 8.4.1. Key Highlights
  - 8.4.1.1. Solution
  - 8.4.1.2. Service
8.5. Middle East & Africa Identity Verification Market Outlook, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 8.5.1. Key Highlights
  - 8.5.1.1. SMEs
  - 8.5.1.2. Large Enterprises
- 8.5.2. BPS Analysis/Market Attractiveness Analysis
8.6. Middle East & Africa Identity Verification Market Outlook, by Country, Value (US$ Bn), 2018 - 2030
- 8.6.1. Key Highlights
  - 8.6.1.1. GCC Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.6.1.2. GCC Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 8.6.1.3. GCC Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 8.6.1.4. GCC Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 8.6.1.5. GCC Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 8.6.1.6. South Africa Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.6.1.7. South Africa Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 8.6.1.8. South Africa Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 8.6.1.9. South Africa Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 8.6.1.10. South Africa Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 8.6.1.11. Egypt Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.6.1.12. Egypt Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 8.6.1.13. Egypt Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 8.6.1.14. Egypt Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 8.6.1.15. Egypt Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 8.6.1.16. Nigeria Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.6.1.17. Nigeria Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 8.6.1.18. Nigeria Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 8.6.1.19. Nigeria Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 8.6.1.20. Nigeria Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
  - 8.6.1.21. Rest of Middle East & Africa Identity Verification Market by Type, Value (US$ Bn), 2018 - 2030
  - 8.6.1.22. Rest of Middle East & Africa Identity Verification Market by Vertical, Value (US$ Bn), 2018 - 2030
  - 8.6.1.23. Rest of Middle East & Africa Identity Verification Market, by Deployment, Value (US$ Bn), 2018 - 2030
  - 8.6.1.24. Rest of Middle East & Africa Identity Verification Market, by Component, Value (US$ Bn), 2018 - 2030
  - 8.6.1.25. Rest of Middle East & Africa Identity Verification Market, by Organisation Size, Value (US$ Bn), 2018 - 2030
- 8.6.2. BPS Analysis/Market Attractiveness Analysis

9. Competitive Landscape

9.1. Product vs Application Heatmap
9.2. Manufacturer vs Application Heatmap
9.3. Company Market Share Analysis, 2022
9.4. Competitive Dashboard
9.5. Company Profiles
- 9.5.1. Experian (Ireland)
  - 9.5.1.1. Company Overview
  - 9.5.1.2. Product Portfolio
  - 9.5.1.3. Financial Overview
  - 9.5.1.4. Business Strategies and Development
- 9.5.2. GBG (UK)
  - 9.5.2.1. Company Overview
  - 9.5.2.2. Product Portfolio
  - 9.5.2.3. Financial Overview
  - 9.5.2.4. Business Strategies and Development
- 9.5.3. Equifax (US)
  - 9.5.3.1. Company Overview
  - 9.5.3.2. Product Portfolio
  - 9.5.3.3. Financial Overview
  - 9.5.3.4. Business Strategies and Development
- 9.5.4. Mitek Systems (US)
  - 9.5.4.1. Company Overview
  - 9.5.4.2. Product Portfolio
  - 9.5.4.3. Financial Overview
  - 9.5.4.4. Business Strategies and Development
- 9.5.5. Thales Group (France)
  - 9.5.5.1. Company Overview
  - 9.5.5.2. Product Portfolio
  - 9.5.5.3. Financial Overview
  - 9.5.5.4. Business Strategies and Development
- 9.5.6. LexisNexis Risk Solutions (US)
  - 9.5.6.1. Company Overview
  - 9.5.6.2. Product Portfolio
  - 9.5.6.3. Financial Overview
  - 9.5.6.4. Business Strategies and Development
- 9.5.7. Onfido (UK)
  - 9.5.7.1. Company Overview
  - 9.5.7.2. Product Portfolio
  - 9.5.7.3. Financial Overview
  - 9.5.7.4. Business Strategies and Development
- 9.5.8. Trulioo (Canada)
  - 9.5.8.1. Company Overview
  - 9.5.8.2. Product Portfolio
  - 9.5.8.3. Financial Overview
  - 9.5.8.4. Business Strategies and Development
- 9.5.9. Acuant (US)
  - 9.5.9.1. Company Overview
  - 9.5.9.2. Product Portfolio
  - 9.5.9.3. Financial Overview
  - 9.5.9.4. Business Strategies and Development
- 9.5.10. IDEMIA (France)
  - 9.5.10.1. Company Overview
  - 9.5.10.2. Product Portfolio
  - 9.5.10.3. Financial Overview
  - 9.5.10.4. Business Strategies and Development
- 9.5.11. Jumio (US)
  - 9.5.11.1. Company Overview
  - 9.5.11.2. Product Portfolio
  - 9.5.11.3. Financial Overview
  - 9.5.11.4. Business Strategies and Development
- 9.5.12. TransUnion (US)
  - 9.5.12.1. Company Overview
  - 9.5.12.2. Product Portfolio
  - 9.5.12.3. Financial Overview
  - 9.5.12.4. Business Strategies and Development
- 9.5.13. IDology (US)
  - 9.5.13.1. Company Overview
  - 9.5.13.2. Product Portfolio
  - 9.5.13.3. Financial Overview
  - 9.5.13.4. Business Strategies and Development
- 9.5.14. Innovatrics (Slovakia)
  - 9.5.14.1. Company Overview
  - 9.5.14.2. Product Portfolio
  - 9.5.14.3. Financial Overview
  - 9.5.14.4. Business Strategies and Development
- 9.5.15. Applied Recognition (Canada)
  - 9.5.15.1. Company Overview
  - 9.5.15.2. Product Portfolio
  - 9.5.15.3. Financial Overview
  - 9.5.15.4. Business Strategies and Development

10. Appendix

10.1. Research Methodology
10.2. Report Assumptions
10.3. Acronyms and Abbreviations