Press release
Identity (ID) Verification Market is expected to reach US$ 18.7 Billion by 2029, at a CAGR of 28%
Identity (ID) Verification Market
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Identity (ID) Verification is the process of ensuring that current or prospective customers are who they claim to be, and aren't engaging in illicit business through the financial institution.
This report studies and analyses global Identity (ID) Verification status and future trends, to help determine the Identity (ID) Verification market size of the total market opportunity by Type, by Application, by company, and by region & country. This report is a detailed and comprehensive analysis of the world market for Identity (ID) Verification, and provides market size (US$ million) and Year-over-Year growth, considering 2022 as the base year.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
To assess the competitive environment within the market including supplier revenue, market share, and company profiles.
Highlights
(1) Global Identity (ID) Verification market size, history data 2018-2023, and forecast data 2024-2029, (US$ million)
(2) Global Identity (ID) Verification by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(3) China Identity (ID) Verification by company, revenue, market share and industry ranking 2018-2023, (US$ million)
(4) Global Identity (ID) Verification key consuming regions, consumption value and demand structure
(5) Identity (ID) Verification industry chains, upstream, midstream and downstream
According to HTF MI, the global market for Identity (ID) Verification should grow from US$ 3007.4 million in 2022 to US$ 18720 million by 2029, with a CAGR of 28.7% for the period of 2023-2029.
Global key players of Identity verification include Jumio, Thales, Okta, GBG Plc, Onfido, etc. The top 5 took up above 1/3 of the global market. North America is the largest region of Identity verification in the world. North America market took up about 48% the global market, while APAC and Europe were about 10%, 37%.
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Market segment by players, this report covers:
Jumio
ID.me
Veriff
Onfido
Trulioo
Sumsub
AU10TIX
Persona
Lightico
Ondato
Passbase
APLYiD
Smile Identity
Berbix
Shufti Pro
IDnow
Thales
Electronic Identification
GBG Plc
IDEMIA
Okta
Market segment by Type, covers
Software
Services
Market segment by Application, can be divided into:
BFSI
Retail and Ecommerce
Tele and Gaming
Healthcare and Transport
Other
Market segment by regions, regional analysis covers:
North America (United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Australia, and Rest of Asia-Pacific)
South America (Brazil, Rest of South America)
Middle East & Africa
Report Includes:
Chapter 1: to describe Identity (ID) Verification product scope, global consumption value, China consumption value, development opportunities, challenges, trends, and policies.
Chapter 2: Global Identity (ID) Verification market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 3: China Identity (ID) Verification market share and ranking of major manufacturers, revenue, 2018-2023
Chapter 4: Identity (ID) Verification industry chain, upstream, medium-stream, and downstream.
Chapter 5: Segment by Type, consumption value, percent & CAGR, 2018-2029
Chapter 6: Segment by Application, consumption value, percent & CAGR, 2018-2029
Chapter 7: Segment in regional level, consumption value, percent & CAGR, 2018-2029
Chapter 8: Segment in country level, consumption value, percent & CAGR, 2018-2029
Chapter 9: Company profile, introducing the basic situation of the main companies in the market in detail, including product specifications, application, recent development, revenue, gross margin.
Chapter 10: Conclusions
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Thanks for reading this article, you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.
Contact Us :
Craig Francis (PR & Marketing Manager)
HTF Market Intelligence Consulting Private Limited
Phone: +1 434 322 0091
sales@htfmarketreport.com
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About Author:
HTF Market Intelligence consulting is uniquely positioned empower and inspire with research and consulting services to empower businesses with growth strategies, by offering services with extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist in decision making.
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