Digital Identity Management Solution Market Comprehensive Study With Key Trends, Major Drivers And Forecast by 2028

Digital Identity management solutions offer visibility into global logistics operations on a real-time basis. This helps the end-user to control inventory, manage operations more efficiently, and optimize supply chains. EDI, RFID, GPS, image recognition, etc. are the major data collection technologies within the Digital Identity management solution

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Companies Profiled in this report includes: NEC, Samsung SDS, Thales Group, GBG, TELUS, Tessi, Daon, IDEMIA, ForgeRock, Jumio

MARKET SEGMENTATION

 The global Digital Identity management solution market is segmented on the basis of component, deployment, and enterprise size, and industry vertical.

 On the basis of component, the market is segmented as solution, services

 On the basis of deployment, the market is segmented as on-premise, and cloud.

 On the basis of enterprise size, the market is segmented as SMEs, and Large enterprsie.

 On the basis of industry vertical the market is segmented into healthcare, BFSI, retail and e commerce, government and defense, healthcare, others.

MARKET DYNAMICS

Drivers:

 Integration of biometrics in smartphones.

Restraints:

 Higher cost involved in deploying digital identity solutions..

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IMPACT OF COVID-19 ON Digital Identity management solution MARKET

The rapid spread of the Covid-19 pandemic has triggered a massive financial crisis and created a health crisis across the globe. The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the Digital Identity management solution market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.

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