PUBLISHER: TechNavio | PRODUCT CODE: 1937447
PUBLISHER: TechNavio | PRODUCT CODE: 1937447
Global Identity Verification Market 2026-2030
The global identity verification market is forecasted to grow by USD 25695.8 mn during 2025-2030, accelerating at a CAGR of 21.9% during the forecast period. The report on the global identity verification market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by rising incidence of identity theft and fraud, stringent government regulations and compliance mandates, technological advancements in biometrics and artificial intelligence.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market size data, segment with regional analysis and vendor landscape in addition to an analysis of the key companies. Reports have historic and forecast data.
| Market Scope | |
|---|---|
| Base Year | 2026 |
| End Year | 2030 |
| Series Year | 2026-2030 |
| Growth Momentum | Accelerate |
| YOY 2026 | 18.6% |
| CAGR | 21.9% |
| Incremental Value | $25695.8 mn |
Technavio's global identity verification market is segmented as below:
By Component
- Solutions
- Services
By Type
- Large enterprises
- SMEs
By Technology
- Biometric verification
- Document verification
- Digital identity solutions and IDaaS
- Database verification
- Others
Geography
- North America
- US
- Canada
- Mexico
- APAC
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Europe
- Germany
- UK
- France
- Italy
- Spain
- The Netherlands
- South America
- Brazil
- Argentina
- Chile
- Middle East and Africa
- UAE
- South Africa
- Egypt
- Rest of World (ROW)
This study identifies the accelerating adoption of digital onboarding and remote verification processes as one of the prime reasons driving the global identity verification market growth during the next few years. Also, proliferation of fintech innovations and mobile banking services and emergence of reusable digital identities and verifiable credentials will lead to sizable demand in the market.
The report on the global identity verification market covers the following areas:
- Global identity verification market sizing
- Global identity verification market forecast
- Global identity verification market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading global identity verification market vendors that include Applied Recognition Corp., Au10tix Ltd., Entrust Corp., Equifax Inc., Experian Plc, GB Group plc, Gen Digital Inc., ID Merit, Intellicheck Inc., Jumio Corp., Khosla Labs Pvt Ltd, Mastercard Inc., Mitek Systems Inc., PXL Vision AG, Shufti Pro Ltd., Thales Group, TransUnion, UAB iDenfy., Veriff, WebID Solutions. Also, the global identity verification market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.
Table of Contents
1 Executive Summary
- 1.1 Market overview
- Executive Summary - Chart on Market Overview
- Executive Summary - Data Table on Market Overview
- Executive Summary - Chart on Global Market Characteristics
- Executive Summary - Chart on Market by Geography
- Executive Summary - Chart on Market Segmentation by Component
- Executive Summary - Chart on Market Segmentation by Type
- Executive Summary - Chart on Market Segmentation by Technology
- Executive Summary - Chart on Incremental Growth
- Executive Summary - Data Table on Incremental Growth
- Executive Summary - Chart on Company Market Positioning
2 Technavio Analysis
- 2.1 Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
- 2.2 Criticality of inputs and Factors of differentiation
- 2.3 Factors of disruption
- 2.4 Impact of drivers and challenges
3 Market Landscape
- 3.1 Market ecosystem
- 3.2 Market characteristics
- 3.3 Value chain analysis
4 Market Sizing
- 4.1 Market definition
- 4.2 Market segment analysis
- Market segments
- 4.3 Market size 2025
- 4.4 Market outlook: Forecast for 2025-2030
5 Historic Market Size
- 5.1 Global Identity Verification Market 2020 - 2024
- Historic Market Size - Data Table on Global Identity Verification Market 2020 - 2024 ($ million)
- 5.2 Component segment analysis 2020 - 2024
- Historic Market Size - Component Segment 2020 - 2024 ($ million)
- 5.3 Type segment analysis 2020 - 2024
- Historic Market Size - Type Segment 2020 - 2024 ($ million)
- 5.4 Technology segment analysis 2020 - 2024
- Historic Market Size - Technology Segment 2020 - 2024 ($ million)
- 5.5 Geography segment analysis 2020 - 2024
- Historic Market Size - Geography Segment 2020 - 2024 ($ million)
- 5.6 Country segment analysis 2020 - 2024
- Historic Market Size - Country Segment 2020 - 2024 ($ million)
6 Qualitative Analysis
- 6.1 Impact of AI on Global Identity Verification Market
7 Five Forces Analysis
- 7.1 Five forces summary
- Five forces analysis - Comparison between 2025 and 2030
- 7.2 Bargaining power of buyers
- Bargaining power of buyers - Impact of key factors 2025 and 2030
- 7.3 Bargaining power of suppliers
- Bargaining power of suppliers - Impact of key factors in 2025 and 2030
- 7.4 Threat of new entrants
- Threat of new entrants - Impact of key factors in 2025 and 2030
- 7.5 Threat of substitutes
- Threat of substitutes - Impact of key factors in 2025 and 2030
- 7.6 Threat of rivalry
- Threat of rivalry - Impact of key factors in 2025 and 2030
- 7.7 Market condition
8 Market Segmentation by Component
- 8.1 Market segments
- 8.2 Comparison by Component
- 8.3 Solutions - Market size and forecast 2025-2030
- 8.4 Services - Market size and forecast 2025-2030
- 8.5 Market opportunity by Component
- Market opportunity by Component ($ million)
9 Market Segmentation by Type
- 9.1 Market segments
- 9.2 Comparison by Type
- 9.3 Large enterprises - Market size and forecast 2025-2030
- 9.4 SMEs - Market size and forecast 2025-2030
- 9.5 Market opportunity by Type
- Market opportunity by Type ($ million)
10 Market Segmentation by Technology
- 10.1 Market segments
- 10.2 Comparison by Technology
- 10.3 Biometric verification - Market size and forecast 2025-2030
- 10.4 Document verification - Market size and forecast 2025-2030
- 10.5 Digital identity solutions and IDaaS - Market size and forecast 2025-2030
- 10.6 Database verification - Market size and forecast 2025-2030
- 10.7 Others - Market size and forecast 2025-2030
- 10.8 Market opportunity by Technology
- Market opportunity by Technology ($ million)
11 Customer Landscape
- 11.1 Customer landscape overview
- Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria
12 Geographic Landscape
- 12.1 Geographic segmentation
- 12.2 Geographic comparison
- 12.3 North America - Market size and forecast 2025-2030
- 12.3.1 US - Market size and forecast 2025-2030
- 12.3.2 Canada - Market size and forecast 2025-2030
- 12.3.3 Mexico - Market size and forecast 2025-2030
- 12.4 APAC - Market size and forecast 2025-2030
- 12.4.1 China - Market size and forecast 2025-2030
- 12.4.2 Japan - Market size and forecast 2025-2030
- 12.4.3 India - Market size and forecast 2025-2030
- 12.4.4 South Korea - Market size and forecast 2025-2030
- 12.4.5 Australia - Market size and forecast 2025-2030
- 12.4.6 Indonesia - Market size and forecast 2025-2030
- 12.5 Europe - Market size and forecast 2025-2030
- 12.5.1 Germany - Market size and forecast 2025-2030
- 12.5.2 UK - Market size and forecast 2025-2030
- 12.5.3 France - Market size and forecast 2025-2030
- 12.5.4 Italy - Market size and forecast 2025-2030
- 12.5.5 Spain - Market size and forecast 2025-2030
- 12.5.6 The Netherlands - Market size and forecast 2025-2030
- 12.6 South America - Market size and forecast 2025-2030
- 12.6.1 Brazil - Market size and forecast 2025-2030
- 12.6.2 Argentina - Market size and forecast 2025-2030
- 12.6.3 Chile - Market size and forecast 2025-2030
- 12.7 Middle East and Africa - Market size and forecast 2025-2030
- 12.7.1 UAE - Market size and forecast 2025-2030
- 12.7.2 Saudi Arabia - Market size and forecast 2025-2030
- 12.7.3 South Africa - Market size and forecast 2025-2030
- 12.7.4 Egypt - Market size and forecast 2025-2030
- 12.7.5 Nigeria - Market size and forecast 2025-2030
- 12.8 Market opportunity by geography
- Market opportunity by geography ($ million)
- Data Tables on Market opportunity by geography ($ million)
13 Drivers, Challenges, and Opportunity
- 13.1 Market drivers
- Rising incidence of identity theft and fraud
- Stringent government regulations and compliance mandates
- Technological advancements in biometrics and artificial intelligence
- 13.2 Market challenges
- High implementation and maintenance costs
- Privacy and data breach concerns
- Integration complexities with legacy systems
- 13.3 Impact of drivers and challenges
- Impact of drivers and challenges in 2025 and 2030
- 13.4 Market opportunities
- Accelerating adoption of digital onboarding and remote verification processes
- Proliferation of fintech innovations and mobile banking services
- Emergence of reusable digital identities and verifiable credentials
14 Competitive Landscape
- 14.1 Overview
- 14.2 Competitive Landscape
- Overview on criticality of inputs and factors of differentiation
- 14.3 Landscape disruption
- Overview on factors of disruption
- 14.4 Industry risks
- Impact of key risks on business
15 Competitive Analysis
- 15.1 Companies profiled
- Companies covered
- 15.2 Company ranking index
- Company ranking index
- 15.3 Market positioning of companies
- Matrix on companies position and classification
- 15.4 Au10tix Ltd.
- Au10tix Ltd. - Overview
- Au10tix Ltd. - Product / Service
- Au10tix Ltd. - Key offerings
- SWOT
- 15.5 Entrust Corp.
- Entrust Corp. - Overview
- Entrust Corp. - Product / Service
- Entrust Corp. - Key news
- Entrust Corp. - Key offerings
- SWOT
- 15.6 Equifax Inc.
- Equifax Inc. - Overview
- Equifax Inc. - Business segments
- Equifax Inc. - Key offerings
- Equifax Inc. - Segment focus
- SWOT
- 15.7 Experian Plc
- Experian Plc - Overview
- Experian Plc - Business segments
- Experian Plc - Key offerings
- Experian Plc - Segment focus
- SWOT
- 15.8 GB Group plc
- GB Group plc - Overview
- GB Group plc - Product / Service
- GB Group plc - Key offerings
- SWOT
- 15.9 Gen Digital Inc.
- Gen Digital Inc. - Overview
- Gen Digital Inc. - Product / Service
- Gen Digital Inc. - Key offerings
- SWOT
- 15.10 Intellicheck Inc.
- Intellicheck Inc. - Overview
- Intellicheck Inc. - Product / Service
- Intellicheck Inc. - Key offerings
- SWOT
- 15.11 Jumio Corp.
- Jumio Corp. - Overview
- Jumio Corp. - Product / Service
- Jumio Corp. - Key news
- Jumio Corp. - Key offerings
- SWOT
- 15.12 Mastercard Inc.
- Mastercard Inc. - Overview
- Mastercard Inc. - Product / Service
- Mastercard Inc. - Key news
- Mastercard Inc. - Key offerings
- SWOT
- 15.13 Mitek Systems Inc.
- Mitek Systems Inc. - Overview
- Mitek Systems Inc. - Product / Service
- Mitek Systems Inc. - Key offerings
- SWOT
- 15.14 Shufti Pro Ltd.
- Shufti Pro Ltd. - Overview
- Shufti Pro Ltd. - Product / Service
- Shufti Pro Ltd. - Key offerings
- SWOT
- 15.15 Thales Group
- Thales Group - Overview
- Thales Group - Business segments
- Thales Group - Key news
- Thales Group - Key offerings
- Thales Group - Segment focus
- SWOT
- 15.16 TransUnion
- TransUnion - Overview
- TransUnion - Business segments
- TransUnion - Key news
- TransUnion - Key offerings
- TransUnion - Segment focus
- SWOT
- 15.17 Veriff
- Veriff - Overview
- Veriff - Product / Service
- Veriff - Key offerings
- SWOT
- 15.18 WebID Solutions
- WebID Solutions - Overview
- WebID Solutions - Product / Service
- WebID Solutions - Key offerings
- SWOT
16 Appendix
- 16.1 Scope of the report
- Market definition
- Objectives
- Notes and caveats
- 16.2 Inclusions and exclusions checklist
- Inclusions checklist
- Exclusions checklist
- 16.3 Currency conversion rates for US$
- Currency conversion rates for US$
- 16.4 Research methodology
- Research methodology
- 16.5 Data procurement
- Information sources
- 16.6 Data validation
- Data validation
- 16.7 Validation techniques employed for market sizing
- Validation techniques employed for market sizing
- 16.8 Data synthesis
- Data synthesis
- 16.9 360 degree market analysis
- 360 degree market analysis
- 16.10 List of abbreviations
- List of abbreviations
