Digital Identity Solutions Market Size, Share, Trends, Demand, Global Industry Report And Forecast 2023-2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Digital Identity Solutions Market Size, Growth Rate, And Forecast:
The global digital identity solutions market size is expected to grow from $27.87 billion in 2022 to $32.94 billion in 2023 at a compound annual growth rate (CAGR) of 18.17%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global digital identity solutions market is expected to reach $65.38 billion in 2027 at a CAGR of 18.70%.

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Digital Identity Solutions Market Drivers:
Rising cybercrime and fraud are expected to propel the digital identity solutions market going forward. Cybercrime refers to a criminal act that uses or targets a computer, a computer network, or a networked device. Cybercrime is committed by both individuals and groups that aim to harm computers or networks for objectives other than financial gain. Digital identity solutions play a major role in combating cyber-crimes by achieving cybersecurity with stronger user authentication through facial, voiceband fingerprint recognition, so the rise in cybercrimes will propel market growth.

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Digital Identity Solutions Market Segments
•By Offering: Solutions, Services
•By Solution Type: Identity Verification, Authentication, Identity Lifecycle Management, Other Types
•By Identity Type: Biometrics, Non Biometrics
•By Deployment Mode: On Premises, Cloud
•By Vertical: BFSI, Retail And E-Commerce, Government And Defense, Healthcare, IT And Telecommunication, Energy And Utilities, Other Verticals
•By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. North America was the largest region in the Digital Identity Solutions market.

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Digital Identity Solutions Market Key Players:
Major competitors in the digital identity solutions market include NEC Corporation, Samsung SDS Co. Ltd., Thales Group, GB Group Plc., Telus Communications Inc., Tessi International, Daon Inc., IDEMIA, ForgeRock Inc., ImageWare Systems Inc., Jumio, Refinitiv, Víntegris SLU, RaulWalter LLC, Duo Security Inc. and Syntizen Technologies Pvt. Ltd.

The Business Research Company's "Global Digital Identity Solutions Market Report 2023" is a comprehensive report of the market, covering over 60 geographies and high level market segmentation per geography. The section on regional and country breakdowns examines the market in each geography as well as market size by region and country. Furthermore, it evaluates the market's historical and projected growth and identifies significant trends and strategies that businesses can use to expand their operations.

The Table Of Content For The Digital Identity Solutions Market Include:
1. Executive Summary
2. Digital Identity Solutions Market Characteristics
3. Digital Identity Solutions Market Trends And Strategies
4. Digital Identity Solutions Market - Macro Economic Scenario
5. Digital Identity Solutions Market Size And Growth
....
26. Africa Digital Identity Solutions Market
27. Digital Identity Solutions Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital Identity Solutions Market
29. Digital Identity Solutions Market Future Outlook and Potential Analysis
30. Appendix

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