Key factors driving the market include growth focused on enhancing the end-to-end customer experience. Enterprises can be considered early adopters of digital identity solutions because they have a large workforce and associated network equipment and are vulnerable to identity-related risks. Businesses have offices in various regions, forcing them to provide solutions by giving employees real-time access to data. In addition, businesses have no budget constraints, which enables them to adopt local-based digital identity solutions. However, due to the scalability of the benefits, a major shift from on-premises solutions to cloud-based solutions is expected. Due to additional features such as access risk, excess risk and risk outliers, businesses are expected to increasingly adopt digital identity solutions.
This report contains market size and forecasts of Digital Identity Solutions in Global, including the following market information:
- Global Digital Identity Solutions Market Revenue, 2017-2022, 2023-2028, ($ millions)
- Global top five companies in 2021 (%)
The global Digital Identity Solutions market was valued at 16150 million in 2021 and is projected to reach US$ 39370 million by 2028, at a CAGR of 13.6% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Biometrics Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Digital Identity Solutions include NEC, Samsung SDS, Thales Group, GBG, Telus, IDEMIA, Tessi and ForgeRock, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Digital Identity Solutions companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Digital Identity Solutions Market, by Type, 2017-2022, 2023-2028 ($ millions)
Global Digital Identity Solutions Market Segment Percentages, by Type, 2021 (%)
- Biometrics
- Non-biometrics
Global Digital Identity Solutions Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Digital Identity Solutions Market Segment Percentages, by Application, 2021 (%)
- Bank
- Retail and Commerce
- Government and Defense
- Healthcare
- Information Technology (IT) and Telecom
- Energy and Utility
- Others
Global Digital Identity Solutions Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Digital Identity Solutions Market Segment Percentages, By Region and Country, 2021 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Digital Identity Solutions revenues in global market, 2017-2022 (estimated), ($ millions)
- Key companies Digital Identity Solutions revenues share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
- NEC
- Samsung SDS
- Thales Group
- GBG
- Telus
- IDEMIA
- Tessi
- ForgeRock
