Global Identity Verification Market Research Report - Industry Analysis, Size, Share, Growth, Trends and Forecast 2023 to 2030

Description

List of Tables

The global demand for Identity Verification Market is presumed to reach the market size of nearly USD 55.38 BN by 2030 from USD 11.82 BN in 2022 with a CAGR of 18.72% under the study period 2023 - 2030.

Identity verification is a process of proving that someone is whom they claim to be. Identity verification is essential for preventing identity theft and ensuring that people are who they claim when applying for government services, opening a new account, or receiving tax refunds. Without identity verification, one can open a fake account or take a loan in another person's name, assisting in committing financial fraud and destroying the victim's credit score. Set of documents that are recognized as identity proof are birth certificates, passports, official identification from the government etc.

MARKET DYNAMICS:

Various organizations employ identity verification services to make sure that the data provided by users or customers is authentic. The identity verification solution ensures a high level of assurance with detailed attributes, including personal credentials, nationality & immigration status, identity document verification, and employment & business registration. The market for identity verification will expand due to the increasing number of identity-related frauds and data breaches. Financial accounts, retirement accounts & loyalty, and rewards programs, are targeted by cybercriminals. Therefore, increasing the frequency of identity thefts and data breaches would drive the market growth.

The research report covers Porter's Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry's structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of identity verification. The growth and trends of identity verification industry provide a holistic approach to this study.

MARKET SEGMENTATION:

This section of the identity verification market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.

By Component

Solutions
Services

By Type

Biometrics
Non- Biometrics

By Deployment Mode

On-Premises
Cloud

By Organization Size

SMEs
Large Enterprises

By Verticals

BFSI
Government And Defense
Healthcare & Life Sciences
Retail And Ecommerce
IT & ITeS
Energy And Utilities
Others (Education, Travel, And Gaming)

REGIONAL ANALYSIS:

This section covers the regional outlook, which accentuates current and future demand for the Identity Verification market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the identity verification market include 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), AU10TIX (Israel), IDology (US), Innovatrics (Slovakia), Applied Recognition (Canada), Signicat (Norway), SecureKey (Canada), IDfy (India), Authenteq (Iceland), Veri5Digital (India), PXL Vision (Switzerland), IDMERIT(US), Shufti Pro (UK), Idenfy (Lithuania), WebID (Germany), IDnow (Germany), Signzy (India), and Passbase (Germany). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.

In case you have any custom requirements, do write to us. Our research team can offer a customized report as per your need.

Product Code: VMR11219012

1 . PREFACE

1.1. Report Description
- 1.1.1. Objective
- 1.1.2. Target Audience
- 1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
- 1.3.1. Market Research Process
- 1.3.2. Market Research Methodology

2 . EXECUTIVE SUMMARY

2.1. Highlights of Market
2.2. Global Market Snapshot

3 . IDENTITY VERIFICATION - INDUSTRY ANALYSIS

3.1. Introduction - Market Dynamics
3.2. Market Drivers
3.3. Market Restraints
3.4. Opportunities
3.5. Industry Trends
3.6. Porter's Five Force Analysis
3.7. Market Attractiveness Analysis
- 3.7.1 Market Attractiveness Analysis By Component
- 3.7.2 Market Attractiveness Analysis By Type
- 3.7.3 Market Attractiveness Analysis By Deployment Mode
- 3.7.4 Market Attractiveness Analysis By Organization Size
- 3.7.5 Market Attractiveness Analysis By Verticals
- 3.7.6 Market Attractiveness Analysis By Region

4 . VALUE CHAIN ANALYSIS

4.1. Value Chain Analysis
4.2. Raw Material Analysis
- 4.2.1. List of Raw Materials
- 4.2.2. Raw Material Manufactures List
- 4.2.3. Price Trend of Key Raw Materials
4.3. List of Potential Buyers
4.4. Marketing Channel
- 4.4.1. Direct Marketing
- 4.4.2. Indirect Marketing
- 4.4.3. Marketing Channel Development Trend

5 . IMPACT ANALYSIS OF COVID-19 OUTBREAK

6 . GLOBAL IDENTITY VERIFICATION MARKET ANALYSIS BY COMPONENT

6.1 Overview by Component
6.2 Historical and Forecast Data
6.3 Analysis by Component
6.4 Solutions Historic and Forecast Sales by Regions
6.5 Services Historic and Forecast Sales by Regions

7 . GLOBAL IDENTITY VERIFICATION MARKET ANALYSIS BY TYPE

7.1 Overview by Type
7.2 Historical and Forecast Data
7.3 Analysis by Type
7.4 Biometrics Historic and Forecast Sales by Regions
7.5 Non- Biometrics Historic and Forecast Sales by Regions

8 . GLOBAL IDENTITY VERIFICATION MARKET ANALYSIS BY DEPLOYMENT MODE

8.1 Overview by Deployment Mode
8.2 Historical and Forecast Data
8.3 Analysis by Deployment Mode
8.4 On-premises Historic and Forecast Sales by Regions
8.5 Cloud Historic and Forecast Sales by Regions

9 . GLOBAL IDENTITY VERIFICATION MARKET ANALYSIS BY ORGANIZATION SIZE

9.1 Overview by Organization Size
9.2 Historical and Forecast Data
9.3 Analysis by Organization Size
9.4 SMEs Historic and Forecast Sales by Regions
9.5 Large Enterprises Historic and Forecast Sales by Regions

10 . GLOBAL IDENTITY VERIFICATION MARKET ANALYSIS BY VERTICALS

10.1 Overview by Verticals
10.2 Historical and Forecast Data
10.3 Analysis by Verticals
10.4 BFSI Historic and Forecast Sales by Regions
10.5 Government And defense Historic and Forecast Sales by Regions
10.6 Healthcare & Life Sciences Historic and Forecast Sales by Regions
10.7 Retail And eCommerce Historic and Forecast Sales by Regions
10.8 IT & ITeS Historic and Forecast Sales by Regions
10.9 Energy And Utilities Historic and Forecast Sales by Regions
10.10. Others (Education, Travel, And Gaming) Historic and Forecast Sales by Regions

11 . GLOBAL IDENTITY VERIFICATION MARKET ANALYSIS BY GEOGRAPHY

11.1. Top Company Share Analysis
11.2. Introduction
11.3. North America Sales Analysis
- 11.3.1. Overview, Historic and Forecast Sales Analysis
- 11.3.2. North America By Segment Sales Analysis
- 11.3.3. North America By Country Sales Analysis
- 11.3.4. United State Sales Analysis
- 11.3.5. Canada Sales Analysis
- 11.3.6. Mexico Sales Analysis
11.4. Europe Sales Analysis
- 11.4.1. Overview, Historic and Forecast Sales Analysis
- 11.4.2. Europe by Segment Sales Analysis
- 11.4.3. Europe by Country Sales Analysis
- 11.4.4. United Kingdom Sales Analysis
- 11.4.5. France Sales Analysis
- 11.4.6. Germany Sales Analysis
- 11.4.7. Italy Sales Analysis
- 11.4.8. Russia Sales Analysis
- 11.4.9. Rest Of Europe Sales Analysis
11.5. Asia Pacific Sales Analysis
- 11.5.1. Overview, Historic and Forecast Sales Analysis
- 11.5.2. Asia Pacific by Segment Sales Analysis
- 11.5.3. Asia Pacific by Country Sales Analysis
- 11.5.4. China Sales Analysis
- 11.5.5. India Sales Analysis
- 11.5.6. Japan Sales Analysis
- 11.5.7. South Korea Sales Analysis
- 11.5.8. Australia Sales Analysis
- 11.5.9. Rest Of Asia Pacific Sales Analysis
11.6. Latin America Sales Analysis
- 11.6.1. Overview, Historic and Forecast Sales Analysis
- 11.6.2. Latin America by Segment Sales Analysis
- 11.6.3. Latin America by Country Sales Analysis
- 11.6.4. Brazil Sales Analysis
- 11.6.5. Argentina Sales Analysis
- 11.6.6. Peru Sales Analysis
- 11.6.7. Chile Sales Analysis
- 11.6.8. Rest of Latin America Sales Analysis
11.7. Middle East & Africa Sales Analysis
- 11.7.1. Overview, Historic and Forecast Sales Analysis
- 11.7.2. Middle East & Africa by Segment Sales Analysis
- 11.7.3. Middle East & Africa by Country Sales Analysis
- 11.7.4. Saudi Arabia Sales Analysis
- 11.7.5. UAE Sales Analysis
- 11.7.6. Israel Sales Analysis
- 11.7.7. South Africa Sales Analysis
- 11.7.8. Rest Of Middle East And Africa Sales Analysis

12 . COMPETITIVE LANDSCAPE OF THE IDENTITY VERIFICATION COMPANIES

12.1. Identity Verification Market Competition
12.2. Partnership/Collaboration/Agreement
12.3. Merger And Acquisitions
12.4. New Product Launch
12.5. Other Developments

13 . COMPANY PROFILES OF IDENTITY VERIFICATION INDUSTRY

13.1. Company Share Analysis
13.2. Market Concentration Rate
13.3. Experian (IrelAnd)
- 13.3.1. Company Overview
- 13.3.2. Company Revenue
- 13.3.3. Products
- 13.3.4. Recent Developments
13.4. GBG (UK)
- 13.4.1. Company Overview
- 13.4.2. Company Revenue
- 13.4.3. Products
- 13.4.4. Recent Developments
13.5. Equifax (US)
- 13.5.1. Company Overview
- 13.5.2. Company Revenue
- 13.5.3. Products
- 13.5.4. Recent Developments
13.6. Mitek Systems (US)
- 13.6.1. Company Overview
- 13.6.2. Company Revenue
- 13.6.3. Products
- 13.6.4. Recent Developments
13.7. Thales Group (France)
- 13.7.1. Company Overview
- 13.7.2. Company Revenue
- 13.7.3. Products
- 13.7.4. Recent Developments
13.8. LexisNexis Risk Solutions (US)
- 13.8.1. Company Overview
- 13.8.2. Company Revenue
- 13.8.3. Products
- 13.8.4. Recent Developments
13.9. Onfido (UK)
- 13.9.1. Company Overview
- 13.9.2. Company Revenue
- 13.9.3. Products
- 13.9.4. Recent Developments
13.10. Trulioo (Canada)
- 13.10.1. Company Overview
- 13.10.2. Company Revenue
- 13.10.3. Products
- 13.10.4. Recent Developments
13.11. Acuant (US)
- 13.11.1. Company Overview
- 13.11.2. Company Revenue
- 13.11.3. Products
- 13.11.4. Recent Developments
13.12. IDEMIA (France)
- 13.12.1. Company Overview
- 13.12.2. Company Revenue
- 13.12.3. Products
- 13.12.4. Recent Developments
13.13. Jumio (US)
- 13.13.1. Company Overview
- 13.13.2. Company Revenue
- 13.13.3. Products
- 13.13.4. Recent Developments
13.14. TransUnion (US)
- 13.14.1. Company Overview
- 13.14.2. Company Revenue
- 13.14.3. Products
- 13.14.4. Recent Developments
13.15. AU10TIX (Israel)
- 13.15.1. Company Overview
- 13.15.2. Company Revenue
- 13.15.3. Products
- 13.15.4. Recent Developments
13.16. IDology (US)
- 13.16.1. Company Overview
- 13.16.2. Company Revenue
- 13.16.3. Products
- 13.16.4. Recent Developments
13.17. Innovatrics (Slovakia)
- 13.17.1. Company Overview
- 13.17.2. Company Revenue
- 13.17.3. Products
- 13.17.4. Recent Developments
13.18. Applied Recognition (Canada)
- 13.18.1. Company Overview
- 13.18.2. Company Revenue
- 13.18.3. Products
- 13.18.4. Recent Developments
13.19. Signicat (Norway)
- 13.19.1. Company Overview
- 13.19.2. Company Revenue
- 13.19.3. Products
- 13.19.4. Recent Developments
13.20. SecureKey (Canada)
- 13.20.1. Company Overview
- 13.20.2. Company Revenue
- 13.20.3. Products
- 13.20.4. Recent Developments
13.21. IDfy (India)
- 13.21.1. Company Overview
- 13.21.2. Company Revenue
- 13.21.3. Products
- 13.21.4. Recent Developments
13.22. Authenteq (Iceland)
- 13.22.1. Company Overview
- 13.22.2. Company Revenue
- 13.22.3. Products
- 13.22.4. Recent Developments
13.23. Veri5Digital (India)
- 13.23.1. Company Overview
- 13.23.2. Company Revenue
- 13.23.3. Products
- 13.23.4. Recent Developments
13.24. PXL Vision (Switzerland)
- 13.24.1. Company Overview
- 13.24.2. Company Revenue
- 13.24.3. Products
- 13.24.4. Recent Developments
13.25. IDMERIT(US)
- 13.25.1. Company Overview
- 13.25.2. Company Revenue
- 13.25.3. Products
- 13.25.4. Recent Developments
13.26. Shufti Pro (UK)
- 13.26.1. Company Overview
- 13.26.2. Company Revenue
- 13.26.3. Products
- 13.26.4. Recent Developments
13.27. Idenfy (Lithuania)
- 13.27.1. Company Overview
- 13.27.2. Company Revenue
- 13.27.3. Products
- 13.27.4. Recent Developments
13.28. WebID (Germany)
- 13.28.1. Company Overview
- 13.28.2. Company Revenue
- 13.28.3. Products
- 13.28.4. Recent Developments
13.29. IDnow (Germany)
- 13.29.1. Company Overview
- 13.29.2. Company Revenue
- 13.29.3. Products
- 13.29.4. Recent Developments
13.30. Signzy (India)
- 13.30.1. Company Overview
- 13.30.2. Company Revenue
- 13.30.3. Products
- 13.30.4. Recent Developments
13.31. Passbase (Germany)
- 13.31.1. Company Overview
- 13.31.2. Company Revenue
- 13.31.3. Products
- 13.31.4. Recent Developments

Note - in company profiling, financial details and recent development are subject to availability or might not be covered in case of private companies