Digital Identity Solutions Market Outlook by Offering, Solution Type, Identity Type, Organization Type, Vertical

Description

The digital identity solutions market revenue was USD 33,874.9 million in 2023, which will touch USD 117,416.1 million, with a 19.6% CAGR, by 2030.

The progression in this industry is because of the surging number of fraudulent activities and cybercrime in the banking and healthcare sectors. Also, there has been a significant advancement in ID wallet solutions, which give attackers more info to steal or attack.

Therefore, actions are being taken to incorporate blockchain, AI, and ML into digital identity solutions, to improve user security.

The biometric category, based on identity type, is leading the industry, with a 65% share, and it will remain leading in the coming years. This will be because of the significant security offered by the biometric parameters to users.

Generally, passwords were employed extensively for identity verification, however, they are more likely to be shared, hacked, or forgotten.

Furthermore, biometrics are exclusive individually and can't be imitated easily. Also, they are more suitable as capturing them is easier as well as faster compared to entering a password. For example, the face unlock feature in devices enables users to access their phones quickly compared to typing a password.

The solutions category, based on offering, is the largest contributor to the digital identity solutions market, with a 75% share, and it will propel at a significant rate during this decade. These solutions comprise various types of software that enable the authentication, verification, and management of digital identities like IAM systems, SSO platforms, biometric technologies, and decentralized identity frameworks.

Moreover, they provide government and private entities with comprehensive security of and control over their digital identity infrastructure.

SMEs held a significant share in the organization type category, of over 35%, and it is likely to advance at a higher rate during this decade. These organizations have limited monetary resources; therefore, they extensively utilize cloud-based digital identity solutions.

Moreover, they suffer various IT problems and are gradually encountering cyberattacks because of the less strong security measures implemented compared to large enterprises.

The retail and e-commerce category, based on vertical, will propel at the fastest rate in the years to come. This is mainly because of the increasing count of cyber threats as well as the rising acceptance of online transactions.

North America is leading the industry, with approximately 40% share, and it will remain leading throughout this decade. This continent is home to numerous key companies, which strongly focus on innovation, to meet the surging need for advanced as well as highly protected digital identity solutions.

With the increasing incidence of cybercrimes & frauds, the digital identity solutions industry will grow continuously in the coming years.

Product Code: 12695

Chapter 1. Research Scope

1.1. Research Objectives
1.2. Market Definition
1.3. Analysis Period
1.4. Market Size Breakdown by Segments
- 1.4.1. Market size breakdown, by offering
- 1.4.2. Market size breakdown, by solution type
- 1.4.3. Market size breakdown, by identity type
- 1.4.4. Market size breakdown, by organization type
- 1.4.5. Market size breakdown, by vertical
- 1.4.6. Market size breakdown, by region
- 1.4.7. Market size breakdown, by country
1.5. Market Data Reporting Unit
- 1.5.1. Value
1.6. Key Stakeholders

Chapter 2. Research Methodology

2.1. Secondary Research
- 2.1.1. Paid
- 2.1.2. Unpaid
- 2.1.3. P&S Intelligence database
2.2. Primary Research
2.3. Market Size Estimation
2.4. Data Triangulation
2.5. Currency Conversion Rates
2.6. Assumptions for the Study
2.7. Notes and Caveats

Chapter 3. Executive Summary

Chapter 4. Market Indicators

Chapter 5. Industry Outlook

5.1. Market Dynamics
- 5.1.1. Trends
- 5.1.2. Drivers
- 5.1.3. Restraints/challenges
- 5.1.4. Impact analysis of drivers/restraints
5.2. Impact of COVID-19
5.3. Porter's Five Forces Analysis
- 5.3.1. Bargaining power of buyers
- 5.3.2. Bargaining power of suppliers
- 5.3.3. Threat of new entrants
- 5.3.4. Intensity of rivalry
- 5.3.5. Threat of substitutes

Chapter 6. Global Market

6.1. Overview
6.2. Market Revenue, by Offering (2017-2030)
6.3. Market Revenue, by Solution Type (2017-2030)
6.4. Market Revenue, by Identity Type (2017-2030)
6.5. Market Revenue, by Organization Type (2017-2030)
6.6. Market Revenue, by Vertical (2017-2030)
6.7. Market Revenue, by Region (2017-2030)

Chapter 7. North America Market

7.1. Overview
7.2. Market Revenue, by Offering (2017-2030)
7.3. Market Revenue, by Solution Type (2017-2030)
7.4. Market Revenue, by Identity Type (2017-2030)
7.5. Market Revenue, by Organization Type (2017-2030)
7.6. Market Revenue, by Vertical (2017-2030)
7.7. Market Revenue, by Country (2017-2030)

Chapter 8. Europe Market

8.1. Overview
8.2. Market Revenue, by Offering (2017-2030)
8.3. Market Revenue, by Solution Type (2017-2030)
8.4. Market Revenue, by Identity Type (2017-2030)
8.5. Market Revenue, by Organization Type (2017-2030)
8.6. Market Revenue, by Vertical (2017-2030)
8.7. Market Revenue, by Country (2017-2030)

Chapter 9. APAC Market

9.1. Overview
9.2. Market Revenue, by Offering (2017-2030)
9.3. Market Revenue, by Solution Type (2017-2030)
9.4. Market Revenue, by Identity Type (2017-2030)
9.5. Market Revenue, by Organization Type (2017-2030)
9.6. Market Revenue, by Vertical (2017-2030)
9.7. Market Revenue, by Country (2017-2030)

Chapter 10. LATAM Market

10.1. Overview
10.2. Market Revenue, by Offering (2017-2030)
10.3. Market Revenue, by Solution Type (2017-2030)
10.4. Market Revenue, by Identity Type (2017-2030)
10.5. Market Revenue, by Organization Type (2017-2030)
10.6. Market Revenue, by Vertical (2017-2030)
10.7. Market Revenue, by Country (2017-2030)

Chapter 11. MEA Market

11.1. Overview
11.2. Market Revenue, by Offering (2017-2030)
11.3. Market Revenue, by Solution Type (2017-2030)
11.4. Market Revenue, by Identity Type (2017-2030)
11.5. Market Revenue, by Organization Type (2017-2030)
11.6. Market Revenue, by Vertical (2017-2030)
11.7. Market Revenue, by Country (2017-2030)

Chapter 12. U.S. Market

12.1. Overview
12.2. Market Revenue, by Offering (2017-2030)
12.3. Market Revenue, by Solution Type (2017-2030)
12.4. Market Revenue, by Identity Type (2017-2030)
12.5. Market Revenue, by Organization Type (2017-2030)
12.6. Market Revenue, by Vertical (2017-2030)

Chapter 13. Canada Market

13.1. Overview
13.2. Market Revenue, by Offering (2017-2030)
13.3. Market Revenue, by Solution Type (2017-2030)
13.4. Market Revenue, by Identity Type (2017-2030)
13.5. Market Revenue, by Organization Type (2017-2030)
13.6. Market Revenue, by Vertical (2017-2030)

Chapter 14. Germany Market

14.1. Overview
14.2. Market Revenue, by Offering (2017-2030)
14.3. Market Revenue, by Solution Type (2017-2030)
14.4. Market Revenue, by Identity Type (2017-2030)
14.5. Market Revenue, by Organization Type (2017-2030)
14.6. Market Revenue, by Vertical (2017-2030)

Chapter 15. France Market

15.1. Overview
15.2. Market Revenue, by Offering (2017-2030)
15.3. Market Revenue, by Solution Type (2017-2030)
15.4. Market Revenue, by Identity Type (2017-2030)
15.5. Market Revenue, by Organization Type (2017-2030)
15.6. Market Revenue, by Vertical (2017-2030)

Chapter 16. U.K. Market

16.1. Overview
16.2. Market Revenue, by Offering (2017-2030)
16.3. Market Revenue, by Solution Type (2017-2030)
16.4. Market Revenue, by Identity Type (2017-2030)
16.5. Market Revenue, by Organization Type (2017-2030)
16.6. Market Revenue, by Vertical (2017-2030)

Chapter 17. Italy Market

17.1. Overview
17.2. Market Revenue, by Offering (2017-2030)
17.3. Market Revenue, by Solution Type (2017-2030)
17.4. Market Revenue, by Identity Type (2017-2030)
17.5. Market Revenue, by Organization Type (2017-2030)
17.6. Market Revenue, by Vertical (2017-2030)

Chapter 18. Spain Market

18.1. Overview
18.2. Market Revenue, by Offering (2017-2030)
18.3. Market Revenue, by Solution Type (2017-2030)
18.4. Market Revenue, by Identity Type (2017-2030)
18.5. Market Revenue, by Organization Type (2017-2030)
18.6. Market Revenue, by Vertical (2017-2030)

Chapter 19. Japan Market

19.1. Overview
19.2. Market Revenue, by Offering (2017-2030)
19.3. Market Revenue, by Solution Type (2017-2030)
19.4. Market Revenue, by Identity Type (2017-2030)
19.5. Market Revenue, by Organization Type (2017-2030)
19.6. Market Revenue, by Vertical (2017-2030)

Chapter 20. China Market

20.1. Overview
20.2. Market Revenue, by Offering (2017-2030)
20.3. Market Revenue, by Solution Type (2017-2030)
20.4. Market Revenue, by Identity Type (2017-2030)
20.5. Market Revenue, by Organization Type (2017-2030)
20.6. Market Revenue, by Vertical (2017-2030)

Chapter 21. India Market

21.1. Overview
21.2. Market Revenue, by Offering (2017-2030)
21.3. Market Revenue, by Solution Type (2017-2030)
21.4. Market Revenue, by Identity Type (2017-2030)
21.5. Market Revenue, by Organization Type (2017-2030)
21.6. Market Revenue, by Vertical (2017-2030)

Chapter 22. Australia Market

22.1. Overview
22.2. Market Revenue, by Offering (2017-2030)
22.3. Market Revenue, by Solution Type (2017-2030)
22.4. Market Revenue, by Identity Type (2017-2030)
22.5. Market Revenue, by Organization Type (2017-2030)
22.6. Market Revenue, by Vertical (2017-2030)

Chapter 23. South Korea Market

23.1. Overview
23.2. Market Revenue, by Offering (2017-2030)
23.3. Market Revenue, by Solution Type (2017-2030)
23.4. Market Revenue, by Identity Type (2017-2030)
23.5. Market Revenue, by Organization Type (2017-2030)
23.6. Market Revenue, by Vertical (2017-2030)

Chapter 24. Brazil Market

24.1. Overview
24.2. Market Revenue, by Offering (2017-2030)
24.3. Market Revenue, by Solution Type (2017-2030)
24.4. Market Revenue, by Identity Type (2017-2030)
24.5. Market Revenue, by Organization Type (2017-2030)
24.6. Market Revenue, by Vertical (2017-2030)

Chapter 25. Mexico Market

25.1. Overview
25.2. Market Revenue, by Offering (2017-2030)
25.3. Market Revenue, by Solution Type (2017-2030)
25.4. Market Revenue, by Identity Type (2017-2030)
25.5. Market Revenue, by Organization Type (2017-2030)
25.6. Market Revenue, by Vertical (2017-2030)

Chapter 26. Saudi Arabia Market

26.1. Overview
26.2. Market Revenue, by Offering (2017-2030)
26.3. Market Revenue, by Solution Type (2017-2030)
26.4. Market Revenue, by Identity Type (2017-2030)
26.5. Market Revenue, by Organization Type (2017-2030)
26.6. Market Revenue, by Vertical (2017-2030)

Chapter 27. South Africa Market

27.1. Overview
27.2. Market Revenue, by Offering (2017-2030)
27.3. Market Revenue, by Solution Type (2017-2030)
27.4. Market Revenue, by Identity Type (2017-2030)
27.5. Market Revenue, by Organization Type (2017-2030)
27.6. Market Revenue, by Vertical (2017-2030)

Chapter 28. U.A.E. Market

28.1. Overview
28.2. Market Revenue, by Offering (2017-2030)
28.3. Market Revenue, by Solution Type (2017-2030)
28.4. Market Revenue, by Identity Type (2017-2030)
28.5. Market Revenue, by Organization Type (2017-2030)
28.6. Market Revenue, by Vertical (2017-2030)

Chapter 29. Competitive Landscape

29.1. List of Market Players and their Offerings
29.2. Competitive Benchmarking of Key Players
29.3. Product Benchmarking of Key Players
29.4. Recent Strategic Developments

Chapter 30. Company Profiles

30.1. NEC Corporation
- 30.1.1. Business overview
- 30.1.2. Product and service offerings
- 30.1.3. Key financial summary
30.2. ImageWare Systems Inc.
- 30.2.1. Business overview
- 30.2.2. Product and service offerings
- 30.2.3. Key financial summary
30.3. ForgeRock Inc.
- 30.3.1. Business overview
- 30.3.2. Product and service offerings
- 30.3.3. Key financial summary
30.4. Samsung SDS Co. Ltd.
- 30.4.1. Business overview
- 30.4.2. Product and service offerings
- 30.4.3. Key financial summary
30.5. Daon Inc.
- 30.5.1. Business overview
- 30.5.2. Product and service offerings
30.6. Tessi
- 30.6.1. Business overview
- 30.6.2. Product and service offerings
30.7. Jumio
- 30.7.1. Business overview
- 30.7.2. Product and service offerings
30.8. iProov
- 30.8.1. Business overview
- 30.8.2. Product and service offerings
30.9. Thales Group
- 30.9.1. Business overview
- 30.9.2. Product and service offerings
- 30.9.3. Key financial summary
30.10. VINTEGRIS S.L.
- 30.10.1. Business overview
- 30.10.2. Product and service offerings
30.11. Refinitiv
- 30.11.1. Business overview
- 30.11.2. Product and service offerings
30.12. TELUS Corporation
- 30.12.1. Business overview
- 30.12.2. Product and service offerings
- 30.12.3. Key financial summary
30.13. GB Group PLC
- 30.13.1. Business overview
- 30.13.2. Product and service offerings
- 30.13.3. Key financial summary
30.14. ID R&D
- 30.14.1. Business overview
- 30.14.2. Product and service offerings
30.15. Hashcash Consultants LLC
- 30.15.1. Business overview
- 30.15.2. Product and service offerings

Chapter 31. Appendix

31.1. Abbreviations
31.2. Sources and References
31.3. Related Reports

Digital Identity Solutions Market Outlook by Offering, Solution Type, Identity Type, Organization Type, Vertical - Global Industry Demand Forecast to 2030