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Customer Identity Verification Market 2021 Technology Growth Scenario with International Advancements by 2027 - Mitek Systems, Inc., Onfido, Thales Group, Trulioo

01-13-2021 01:01 PM CET | Business, Economy, Finances, Banking & Insurance

Press release from: The Insight Partners

/ PR Agency: The Insight Partners
The Insight Partners

The Insight Partners

Increasing digitization initiatives, a surge in fraudulent activities and identity theft during the last decade, and growing use cases of digital identities among verticals are some of the major factors driving the growth of the customer identification verification market. Moreover, Initiatives by governments and enterprises with a focus on digitalization and application of new technologies, such as ML, AI, and automation in identity verification solutions are anticipated to offer lucrative opportunities for customer identity verification vendors.

Customer Identity Verification Market Forecast to 2027 - COVID-19 Impact and Global Analysis By Component (Solutions, Services); Type (Biometrics, Non- Biometrics); Deployment Mode (On-premises, Cloud); Organization Size (SMEs, Large Enterprises); Verticals (BFSI, Government and Defense, Healthcare and Life Sciences, Retail and E-commerce, IT and Telecommunication, Energy and Utilities, Others) and Geography

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Acceptance of solutions through stringent regulations and the necessity for compliance are influencing the customer identity verification market growth. The supervisory authorities have now become stricter toward KYC (Know Your Customer) and AML (Anti-money Laundering) compliance amongst reporting entities.

The "Global Customer Identification Verification Market Analysis to 2027 is a specialized and in-depth study of the customer identification verification market with a special focus on the global market trend analysis. The report aims to provide an overview of customer identification verification market with detailed market segmentation by component, type, deployment mode, organization size, verticals. The global customer identification verification market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading customer identification verification market players and offers key trends and opportunities in the customer identification verification market.

Customer Identification Verification Market Report includes the profiles of Key Industry Players along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.

, Acuant, Inc
, Equifax Inc
, Experian Information Solutions, Inc.
, GB Group plc
, IDology
, LexisNexis Risk Solutions.
, Mitek Systems, Inc.
, Onfido
, Thales Group
, Trulioo

The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global customer identification verification market based on various segments. It also provides market size and forecast estimates from year 2018 to 2027 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The customer identification verification market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.

The report analyzes factors affecting customer identification verification market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the customer identification verification market in these regions.

The global customer identification verification market is segmented on the basis of component, type, deployment mode, organization size, verticals. On the basis of component, the market is segmented as solutions, services. On the basis of type, the market is segmented as biometrics, non- biometrics. On the basis of deployment mode, the market is segmented as on-premises, cloud. On the basis of organization size, the market is segmented as SMEs, large enterprises. On the basis of verticals, the market is segmented as BFSI, government and defense, healthcare & life sciences, retail and ecommerce, IT & telecommunication, energy and utilities, others

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About Us:
The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.

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