Digital Identity Market Size, Growth Analysis, Trends, Opportunities and Forecast to 2028

The most recent report on Digital Identity Market highlights the factors that are responsible for the growth of the market along with the obstacles that are assumed to cause hindrances to its progress through the assessment timeframe. It outlines the challenges likely to be faced by the enterprises, while also mentioning the lucrative prospects that can be utilized to gain sizeable returns during the review period.

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The global digital identity market was US$ 22.5 Bn in 2021 and is expected to grow at a CAGR of around 12.6% over the forecast period of 2022-2028.

Competitive Landscape:

The report also provides analysis of the key companies of the industry and their detailed company profiles including- NEC Corporation, Samsung Corporation, Thales Group, Ubisecure Inc, OneLogin Inc, Telus Communication, Atos SE, IDEMIA Group, Tessi, ForgeRock, Okta Inc, Imageware Systems, Verisec, Centrif

Market Scope & Overview

The global digital identity market study comprises comprehensive market analysis and insights across the key market segments and geography. The market report analyzes the global market for the historical period of 2019-2021 and the forecast period of 2022-2028 based on the product installed base, key forecasting factors impacting the market conditions, and major market developments happening in the market throughout the analysis period.

practices primary and secondary research for conducting an insightful market study. Various market parameters such as macroeconomic conditions, market environment, government policies, and competitive landscape are thoroughly studied and taken into account while analyzing the market.

The global digital identity market report also covers value chain and supply chain analysis that provides in-depth information about the value addition at each stage of the product. Market dynamics incorporated in the market study include drivers, restraints/challenges, trends, and their impact on the market throughout the analysis period.

The global digital identity market includes a market share analysis and market structure overview with detailed company profiling of leading players with their financials, product offerings, major developments, etc. This enables, clients and report buyers to make strong, precise, and timely decisions.

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Key Market Segmentation and Companies segmented the global digital identity market based on offering, solution type, identity type, deployment mode, end user, and region.

By Offering

o Solutions
o Hardware
o Software
o Services

By Solution Type

o Identity Verification
o Authentication
o Single-Factor Authentication
o Multi-Factor Authentication
o Others (Identity Lifecycle Market, etc.)

By Identity Type

o Biometrics
o Non-Biometrics

By Deployment Mode

o On-premises
o Cloud

By End User

o BFSI
o Government and Defense
o Retail and E-Commerce
o Healthcare
o IT
o Telecommunication
o Others (Energy and Utilities, etc.)

Regional Analysis:

• North America (U.S., Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
• Asia-Pacific (China, India, Japan, Singapore, Australia, New Zealand, Rest of APAC)
• South America (Brazil, Argentina, Rest of SA)
• Middle East & Africa (Turkey, Saudi Arabia, Iran, UAE, Africa, Rest of MEA)

Questions And Answers: Global Digital Identity Market

Q1. How much CAGR is the Digital Identity market projected to record over the forecast spell?

Answer: Expected CAGR that Digital Identity market is estimated to register is 12.6% over 2022-2028.

Q2. Which Are the Key Players in Global Digital Identity Market?

Answer: NEC Corporation, Samsung Corporation, Thales Group, Ubisecure Inc, OneLogin Inc, Telus Communication, Atos SE, IDEMIA Group, Tessi, ForgeRock, Okta Inc, Imageware Systems, Verisec, Centrif Pvt Ltd. among others are the leading players in worldwide Digital Identity Market.

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