Market Research Report
The Digital Identity Report - The Global Opportunities for Verified Citizen & Consumer Digital ID: Market & Technology Analysis and Forecasts 2020-2025
|The Digital Identity Report - The Global Opportunities for Verified Citizen & Consumer Digital ID: Market & Technology Analysis and Forecasts 2020-2025|
Published: November 27, 2019
Content info: 230 Pages
Delivery time: 1-2 business days
This comprehensive 228 page report includes a review of current global adoption, market analysis including key drivers and barriers for adoption, interviews with leading stakeholders, technology analysis with review of key technologies and profiles of companies supplying solutions across key verticals plus forecasts (regional and global) for digital identity users, key technologies, and revenue within the six-year period 2020 to 2025.
The report examines the market for both government and commercial scheme issued digital identities around the world in three digital identity models: Centralized, Federated and Self-Sovereign.
Goode Intelligence has identified 15 leading influencing organisations that are shaping the digital identity landscape and ensuring that digital identity is inclusive and made available to over a billion people that are currently without formal identity.Alan Goode, founder and CEO of Goode Intelligence and author of the report, said “Looking at the development of digital identity across the globe for verified and citizen and consumer ID, there will not be one identity to rule them all. Rather there will be networks of identity schemes, some connected, others not. There will also be collaboration between mutually interested parties such as banks, governments and telecommunications providers. Large technology and social media network providers are also developing digital identity systems that can be used to offer hyper-personalised services to their billions of users around the world.
“We will see increasing adoption of commercial identity schemes - identity networks - within economic and political entities that are built on a collaborative model, largely bank and telecommunications led with state-backing. For the short-to-medium term, these schemes will mainly operate in single states or economic unions - as we have with the BankID schemes in the Nordics. Longer-term, a combination of regulatory support and adoption of identity technology standards will enable these schemes to break-out of their silos to support greater levels of interoperability. This is dependent on the economic and political will of both commercial organisations and the state.
“There is enough evidence available to predict increased adoption of DLT/Blockchain digital identity, including schemes developed around Self-Sovereign Identity (SSI) principles. We predict that by 2025 20 percent of total digital ID will be built using DLT/Blockchain technology, increasing from 5 percent in 2020.”
The report covers digital identity issued and managed by two main entities:
The report includes analysis of major technologies that are supporting digital identity with an in-depth analysis of DLT/Blockchain technology and face biometrics.
The report reveals the major trends that are shaping the digital identity landscape for the short, medium and longer term (2025).
The 230-page report features exclusive, in-depth interviews with leading stakeholders and organisations providing technology and solutions for digital identity including: