Report Highlights
The global identity verification market should reach $17.7 billion by 2026 from $8.0 billion in 2021 at a compound annual growth rate (CAGR) of 17.1% for the forecast period of 2021 to 2026.
Report Includes
- 75 data tables and 19 additional tables
- An overview of the global market for identity verification
- Estimation of the market size and analyses of global market trends, with data from 2020 to 2021, estimates for 2022 and 2024 with projections of compound annual growth rates (CAGRs) through 2026
- Highlights of the market potential for identity verification market, based on component, type, deployment type, organization size, end-use industry and region
- Coverage of growing digitization activities by public and private enterprises, discussion on evolving privacy issues and insights into regulatory landscape
- Identification of market drivers, restraints and other forces impacting the global market and evaluation of current market size and forecast, and assessment of new developments in the industry
- Market share analysis of the key companies of the industry and coverage of their proprietary technologies, strategic alliances, and other key market strategies and a relevant patent analysis
- Comprehensive company profiles of the leading players, including AccuraTechnolabs, Equifax Inc., Forgerock, Intellicheck Inc., Mastercard and Thales Group
Report Scope
The scope of the report includes the global market of commercially deployed identity verification products, solutions, and services.
- Identity verification-based products that are in the pilot phase or are live for demonstration purposes have not been considered in the calculation of the overall market size.
- The market size includes the market of both identity verification components, solutions, services, deployment types, and organization size.
- The final market estimates and forecasts from industry experts are also aligned in the report.
- The report includes both verification types and end-user industries for the calculation of overall market size.
- Identity authentication-based software, solutions and services have not been considered in the report.
Report Synopsis
| Report Metrics | Details | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Base year considered | 2020 | ||||||||||||||||
| Forecast period considered | 2021-2026 | ||||||||||||||||
| Base year market size | $7.2 billion | ||||||||||||||||
| Market size forecast | $17.6 billion | ||||||||||||||||
| Growth rate | CAGR of 17.1% from 2021 to 2026 | ||||||||||||||||
| Units considered | $ Millions | ||||||||||||||||
| Segments covered | Component, Verification Type, Deployment Type, Organization Size, End-User Industry | ||||||||||||||||
| Regions covered | North America, Europe, Asia-Pacific, Latin America, Middle East and Africa | ||||||||||||||||
| Key Market Drivers |
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| Companies studied |
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Analyst Credentials
BCC Research Team possesses expertise and experience in life and physical science domains. They specialize in offering valuable business insights, including industry analysis, competitor intelligence, strategic and financial analysis, and opportunity assessment. The team has in-depth knowledge of various sectors, including healthcare, biotechnology, pharmaceuticals, IT, automation, advanced materials, and energy. They are proficient in qualitative and quantitative market intelligence providing clients with actionable insights. With a vast understanding of the competitive landscape, the team can support clients in making data-driven decisions to help them achieve a competitive edge in their respective markets.
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