The digital identity solution market is segmented on the basis of component, deployment mode, solution, authentication type, enterprise size, industry vertical, and region. By component, it is classified into solutions and services. The solution segment is further bifurcated into biometric & non-biometric. By deployment model, the market is categorized into the cloud and on-premise. By authentication type, it is classified into single-factor authentication and multi-factor authentication. By enterprise size, it is categorized into small & medium size and large size enterprises. By industry vertical, it is classified into BFSI, healthcare, travel & hospitality, government & defense, IT & telecommunication, retail & e-commerce, education, and others.

Numerous benefits provided by digital identity solutions such as short time to process, high level of accuracy, upgraded security, lower operational costs, and better customer experience drive the growth of the digital identity solution market. Moreover, major shift toward digitization and rise in identity and authentication fraudfuel the market growth. However, the cost of devices and software required for installing digital identity solutionsare high which may restrain the adoption of digital identity solutions globally. Furthermore, an increase in the integration of Machine Learning (ML) and Artificial Intelligence (AI) with a digital identity solution system and rise in adoption of cloud-based identity verification system are expected to create lucrative growth opportunities in the market during the forecast period. 

Major market players – NEC Corporation, Samsung SDS America Inc., Thales Group, TELUS Corporation, Tessi, ForgeRock, Jumio, Duo security, Image ware systems Inc., andSyntizen Technologies Pvt. Ltd.

For Purchase Enquiry:

Region covered – North America (the U.S., Canada and Mexico), Europe (Germany, France, Italy, Spain, UK and the Rest of Europe), Asia-Pacific (China, Japan, South Korea, India, and the Rest of Asia Pacific), LAMEA (Brazil, Saudi Arabia, South Africa and the Rest of LAMEA)

Key drivers that are propelling the growth of the market are included in the report. Additionally, challenges and restraining factors that are likely to curb the growth of the market are put forth by the analysts to prepare the manufacturers for future challenges in advance.

If you have any special requirements, please let us know at:

Lastly, this report provides market intelligence in the most comprehensive way. The report structure has been kept such that it offers maximum business value. It provides critical insights on the market dynamics and will enable strategic decision-making for the existing market players as well as those willing to enter the market.

About Us:

Allied Market Research (AMR) is a full-service market research and business-consulting wing of Allied Analytics LLP, based in Portland, Oregon. AMR provides global enterprises as well as medium and small businesses with unmatched quality of “Market Research Reports” and “Business Intelligence Solutions.” AMR has a targeted view to provide business insights and consulting to assist its clients to make strategic business decisions and achieve sustainable growth in their respective market domain.

AMR launched its user-based online library of reports and company profiles, Avenue. An e-access library is accessible from any device, anywhere, and at any time for entrepreneurs, stakeholders, and researchers and students at universities. With reports on more than 60,000 niche markets with data comprising of 600,000 pages along with company profiles on more than 12,000 firms, Avenue offers access to the entire repository of information through subscriptions. A hassle-free solution to clients’ requirements is complemented with analyst support and customization requests.

Leave a comment

Your email address will not be published. Required fields are marked *