Global Identity Verification Market Size study, by Product Type (Non-biometrics, biometrics), by Component (Solution, services), by Organization size (small and medium business, Large Enterprises), and Regional Forecasts 2021-2027
- BIZ4618038
- 200 Pages
- August 2021
- ICT & Media
Global Identity Verification Market is valued approximately at USD 7.6 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 15.8% over the forecast period 2021-2027. Identity verification is a process which ensures that a person's identity matches with the one as it is supposed to be. The identify must be same to one thing when compared with another The global Identity Verification Market is being driven by adoption of solution through stringent regulations and need for compliance and adoption of BYOD trends in enterprises. Furthermore, increasing digitalization with initiatives, such as eID, and smart infrastructure, will provide new opportunities for the global Identity Verification Market industry. For instance, in year 2020, the European Union had announced the AML directive as (AML5), in which the identity verification has threshold for prepaid card industry, that was reduced from EUR 250 to EUR 150. These regulations aims on transforming know your customer (KYC) processes to inforce the standards and procedures mentioned by AML directive and eIDAS rules, these regulation also launched the guidelines for verifying customers on a high-security standards as applicable. As a result, increase in adoption of solution through stringent regulations and need for compliance regulation will serve as a catalyst for the Identity Verification Market industry in the future. However, budgetary constraints during the adoption of identity verification solutions may impede market growth over the forecast period of 2021-2027. Asia Pacific, North America, Europe, Latin America, and Rest of the World are the key regions considered for the regional analysis of the global Identity Verification Market. The rising technological advancements along with the high number of adopters and also the presence of key market player makes North America the leading region across the world in terms of market share. Whereas Asia pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027, due to several initiatives taken by the government towards handling identity-related frauds and strengthening eKYC forms to verify identities in the region. Major market player included in this report are: Experian GB group PLC Equifax Mitek systems Thales Group Lexisnexis risk solutions Onfido Trulioo Idemia Jumio The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below: By Product Type: Non-biometrics Biometrics By Component: Solution Services By Organization size: Small and medium business Large Enterprises By Region: North America U.S. Canada Europe UK Germany France Spain Italy ROE Asia Pacific China India Japan Australia South Korea RoAPAC Latin America Brazil Mexico Rest of the World Furthermore, years considered for the study are as follows: Historical year – 2018, 2019 Base year – 2020 Forecast period – 2021 to 2027. Target Audience of the Global Identity Verification Market in Market Study: Key Consulting Companies & Advisors Large, medium-sized, and small enterprises Venture capitalists Value-Added Resellers (VARs) Third-party knowledge providers Investment bankers Investors
Chapter 1. Executive Summary 1.1. Market Snapshot 1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion) 1.2.1. Identity Verification Market , by Region, 2019-2027 (USD Billion) 1.2.2. Identity Verification Market , by Product Type, 2019-2027 (USD Billion) 1.2.3. Identity Verification Market , by Component , 2019-2027 (USD Billion) 1.2.4. Identity Verification Market , by Organization size, 2019-2027 (USD Billion) 1.3. Key Trends 1.4. Estimation Methodology 1.5. Research Assumption Chapter 2. Global Identity Verification Market Definition and Scope 2.1. Objective of the Study 2.2. Market Definition & Scope 2.2.1. Scope of the Study 2.2.2. Industry Evolution 2.3. Years Considered for the Study 2.4. Currency Conversion Rates Chapter 3. Global Identity Verification Market Dynamics 3.1. Identity Verification Market Impact Analysis (2019-2027) 3.1.1. Market Drivers 3.1.1.1. Adoption of solution through stringent regulations and need for compliance 3.1.1.2. Adoption of BYOD trends in enterprises 3.1.2. Market Restraint 3.1.2.1. Budgetary constraints during the adoption of identity verification solutions 3.1.3. Market Opportunities 3.1.3.1. Increasing digitalization with initiatives, such as eID, and smart infrastructure Chapter 4. Global Identity Verification Market Industry Analysis 4.1. Porter’s 5 Force Model 4.1.1. Bargaining Power of Suppliers 4.1.2. Bargaining Power of Buyers 4.1.3. Threat of New Entrants 4.1.4. Threat of Substitutes 4.1.5. Competitive Rivalry 4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027) 4.2. PEST Analysis 4.2.1. Political 4.2.2. Economical 4.2.3. Social 4.2.4. Technological 4.3. Investment Adoption Model 4.4. Analyst Recommendation & Conclusion Chapter 5. Global Identity Verification Market , by Product Type 5.1. Market Snapshot 5.2. Global Identity Verification Market by Product Type, Performance - Potential Analysis 5.3. Global Identity Verification Market Estimates & Forecasts by Product Type 2018-2027 (USD Billion) 5.4. Identity Verification Market , Sub Segment Analysis 5.4.1. Non-biometrics 5.4.2. Biometrics Chapter 6. Global Identity Verification Market , by Component a. Market Snapshot 6.1. Global Identity Verification Market by Component, Performance - Potential Analysis 6.2. Global Identity Verification Market Estimates & Forecasts by Component 2018-2027 (USD Billion) 6.3. Identity Verification Market , Sub Segment Analysis 6.3.1. Solution 6.3.2. Services Chapter 7. Global Identity Verification Market , by Organization size b. Market Snapshot 7.1. Global Identity Verification Market by Organization size, Performance - Potential Analysis 7.2. Global Identity Verification Market Estimates & Forecasts by Organization size 2018-2027 (USD Billion) 7.3. Identity Verification Market , Sub Segment Analysis 7.3.1. Small and medium sized business 7.3.2. Large enterprises Chapter 8. Global Identity Verification Market , Regional Analysis 8.1. Identity Verification Market , Regional Market Snapshot 8.2. North America Identity Verification Market 8.2.1. U.S. Identity Verification Market 8.2.1.1. Product Type breakdown estimates & forecasts, 2018-2027 8.2.1.2. Component breakdown estimates & forecasts, 2018-2027 8.2.1.3. Organization size breakdown estimates & forecasts, 2018-2027 8.2.2. Canada Identity Verification Market 8.3. Europe Identity Verification Market Snapshot 8.3.1. U.K. Identity Verification Market 8.3.2. Germany Identity Verification Market 8.3.3. France Identity Verification Market 8.3.4. Spain Identity Verification Market 8.3.5. Italy Identity Verification Market 8.3.6. Rest of Europe Identity Verification Market 8.4. Asia-Pacific Identity Verification Market Snapshot 8.4.1. China Identity Verification Market 8.4.2. India Identity Verification Market 8.4.3. Japan Identity Verification Market 8.4.4. Australia Identity Verification Market 8.4.5. South Korea Identity Verification Market 8.4.6. Rest of Asia Pacific Identity Verification Market 8.5. Latin America Identity Verification Market Snapshot 8.5.1. Brazil Identity Verification Market 8.5.2. Mexico Identity Verification Market 8.6. Rest of The World Identity Verification Market Chapter 9. Competitive Intelligence 9.1. Top Market Strategies 9.2. Company Profiles 9.2.1. Experian 9.2.1.1. Key Information 9.2.1.2. Overview 9.2.1.3. Financial (Subject to Data Availability) 9.2.1.4. Product Summary 9.2.1.5. Recent Developments 9.2.2. GB group PLC 9.2.3. Equifax 9.2.4. Mitek systems 9.2.5. Thales Group 9.2.6. Lexisnexis risk solutions 9.2.7. Onfido 9.2.8. Trulioo 9.2.9. Idemia 9.2.10. Jumio Chapter 10. Research Process 10.1. Research Process 10.1.1. Data Mining 10.1.2. Analysis 10.1.3. Market Estimation 10.1.4. Validation 10.1.5. Publishing 10.2. Research Attributes 10.3. Research Assumption
List of Tables TABLE 2. Global Identity Verification Market , report scope TABLE 3. Global Identity Verification Market estimates & forecasts by region 2018-2027 (USD Billion) TABLE 4. Global Identity Verification Market estimates & forecasts by Product Type 2018-2027 (USD Billion) TABLE 5. Global Identity Verification Market estimates & forecasts by Component 2018-2027 (USD Billion) TABLE 6. Global Identity Verification Market estimates & forecasts by Organization size 2018-2027 (USD Billion) TABLE 7. Global Identity Verification Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 8. Global Identity Verification Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 9. Global Identity Verification Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 10. Global Identity Verification Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 11. Global Identity Verification Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 12. Global Identity Verification Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 13. Global Identity Verification Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 14. Global Identity Verification Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 15. Global Identity Verification Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 16. Global Identity Verification Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 17. Global Identity Verification Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 18. Global Identity Verification Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 19. Global Identity Verification Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 20. Global Identity Verification Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 21. Global Identity Verification Market by segment, estimates & forecasts, 2018-2027 (USD Billion) TABLE 22. Global Identity Verification Market by region, estimates & forecasts, 2018-2027 (USD Billion) TABLE 23. U.S. Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 24. U.S. Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 25. U.S. Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 26. Canada Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 27. Canada Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 28. Canada Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 29. UK Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 30. UK Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 31. UK Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 32. Germany Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 33. Germany Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 34. Germany Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 35. France Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 36. France Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 37. France Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 38. Spain Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 39. Spain Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 40. Spain Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 41. Italy Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 42. Italy Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 43. Italy Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 44. ROE Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 45. ROE Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 46. ROE Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 47. China Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 48. China Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 49. China Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 50. India Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 51. India Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 52. India Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 53. Japan Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 54. Japan Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 55. Japan Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 56. Australia Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 57. Australia Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 58. Australia Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 59. South Korea Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 60. South Korea Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 61. South Korea Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 62. ROPAC Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 63. ROPAC Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 64. ROPAC Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 65. Brazil Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 66. Brazil Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 67. Brazil Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 68. Mexico Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 69. Mexico Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 70. Mexico Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 71. ROLA Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 72. ROLA Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 73. ROLA Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 74. ROW Identity Verification Market estimates & forecasts, 2018-2027 (USD Billion) TABLE 75. ROW Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 76. ROW Identity Verification Market estimates & forecasts by segment 2018-2027 (USD Billion) TABLE 77. List of secondary sources used in the study of global Identity Verification Market . TABLE 78. List of primary sources used in the study of global Identity Verification Market . TABLE 79. Years considered for the study. TABLE 80. Exchange rates considered.
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