According to the latest report from the IMARC group, the title “Identity Verification Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2021-2026. The global identity verification market reached a value of XX Billion US $ in 2020. Going forward, IMARC Group expects the market to grow at a CAGR of XX% during 2021 -2026.
We regularly monitor the direct effect of COVID-19[female[feminine on the market, as well as the indirect influence of associated industries. These observations will be incorporated into the report..
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One of the major factors driving the growth of the global identity verification market is the growing need to tackle fraudulent activity across all industries. For example, the banking, financial services and insurance (BFSI) industry widely uses identity verification solutions to ensure secure and transparent transactions. At the same time, the increasing prevalence of cyber attacks further contributes to the growth of the market. Other factors, such as the growing integration of Internet of Things (IoT) and cloud-based services into identity verification systems and the implementation of strict government regulations, are creating a positive outlook for the market.
Competitive landscape:
- Acuant inc.
- AuthenticID Inc.
- Equifax inc.
- Experian PLC
- Intellicheck inc.
- Jumio Company
- Mastercard Inc.
- Mitek Systems Inc.
- Onfido
- Thales Group
- TransUnion and Trulioo.
Key market segmentation:
Breakdown by type:
- Biometrics
- Non-biometrics
Breakdown by component:
Breakdown by deployment mode:
Breakdown by organization size:
- Small and medium enterprises
- Large companies
Distribution by vertical:
- BFSI
- Government and Defense
- Health and Life Sciences
- Retail and e-commerce
- IT and Telecommunications
- Energy and utilities
- Others
Breakdown by region:
- North America (United States, Canada)
- Europe (Germany, France, United Kingdom, Italy, Spain, Others)
- Asia-Pacific (China, Japan, India, Australia, Indonesia, Korea, others)
- Latin America (Brazil, Mexico, others)
- Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, others)
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Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Market trends
- Market drivers and success factors
- The impact of COVID-19 on the global market
- Value chain analysis
- Global market structure
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.
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