Identity Verification Market by Application, Technology, Type, CAGR and Key Players

Identity Verification Market is expected to grow at a CAGR of 15.34 % during the forecast period of 2029 .

With the wide ranging Identity Verification Market business report, a strong organization can be built which can make better decisions for a successful business. This market research report is very crucial in several ways for business growth and to thrive in the market. It also provides the list of major competitors along with the strategic insights and analysis of the key factors influencing the ICT industry.

Identification verification refers to the services and products used to confirm the validity of a person's physical identity or their documentation, such as a driver's licence, passport, or another identity document that is issued nationwide. Identity verification is a crucial procedure that makes sure a person's identity corresponds to what it should.

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The identity verification market is segmented on the basis of application, component, type, deployment mode, organization size and vertical.

Some of the major players operating in the Identity Verification Market are
• Experian Information Solutions, Inc. (Ireland)
• G.B. Group plc ('GBG') (U.K.)
• Equifax, Inc. (U.S.)
• Mitek Systems, Inc. (U.S.)
• Thales (France)

Secure identity verification is sought after by many institutions operating in the digital domain due to an increase in fraudulent paper work and falsified personal identity certificates.

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