Press release
Digital Identity Market Insights 2023, Industry Overview, Growth Factors And Trends Forecast To 2032
Digital Identity Global Market
The Business Research Company's Digital Identity Global Market Report 2023 identifies increase in instances of identity-related fraud and data breaches as the major driver for the Digital Identity market's growth in the forecast period. Industries across the globe are adopting advanced digital identity solutions to effectively mitigate identity-related fraud and thefts. According to a study published by The Consumer Centinal Network, the volume of identity theft or fraud-related complaints across the United States increased by 113% from 2019 to 2020. Thus, the rise in identity-related fraud and data breaches is expected to boost the digital identity market during the forecast period.
The global digital identity market size grew from $23.63 billion in 2022 to $27.19 billion in 2023 at a compound annual growth rate (CAGR) of 15.1%. 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 digital identity market size is expected to grow to $48.51 billion in 2027 at a CAGR of 15.6%.
Download Free Sample Of Digital Identity Market Report -
https://www.thebusinessresearchcompany.com/sample.aspx?id=6085&type=smp
Major competitors in the Digital Identity market are NEC Corporation, Samsung SDS, Thales Group, GBG, Telus, Tessi, IDEMIA, ForgeRock, Jumio, ImageWare Systems, iProov, Daon, ID R&D, Refinitiv.
A key trend in the Digital Identity market includes The partnership among the companies. The companies operating in the digital identity market are focusing on partnering with a technology-based player for the development of innovative technologies and enhancement of existing products to increase customer experience and performance. For instance, In April 2022, Blinking, a Serbia-based provider of digital identity and onboarding solutions partnered with IPification, a Hong Kong-based provider of mobile IP address-based authentication, user verification, and fraud prevention services to further improve the capabilities and performance of their platform. in May 2020, Ontology, an operator of high-performance enterprise blockchain and distributed collaboration platform partnered with Sphericity, a Germany-based provider of decentralized digital identity solutions for the development of innovative digital identity solutions. The partnership is focused on delivering enterprise solutions for cross-border supply chain and resilience.
Read More On The Global Digital Identity Market Report Here:
https://www.thebusinessresearchcompany.com/report/digital-identity-global-market-report
The Digital Identity market is segmented -
1) By Component: Solutions, Services
2) By Type: Single-factor Authentication, Multi-factor Authentication
3) By Deployment Type: Cloud, On-Premises
4) By Organization Size: Large Enterprises, SMEs
5) By Vertical: BFSI, Retail and eCommerce, Government and Defense, Healthcare, IT and ITeS, Telecommunications, 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 market.
The Business Research Company's "Global Digital Identity Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
Explore Buying Options For The Digital Identity Market Report Here:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=6085
The Table Of Content For The Digital Identity Market Include:
1. Executive Summary
2. Digital identity Market Characteristics
3. Digital identity Market Trends And Strategies
4. Digital identity Market - Macro Economic Scenario
5. Digital identity Market Size And Growth
……
27. Digital identity Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Digital identity Market
29. Digital identity Market Future Outlook and Potential Analysis
30. Appendix
Contact us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 8897263534
Americas: +1 315 623 0293
Email: info@tbrc.info
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Latest Trending Press Releases: https://www.thebusinessresearchcompany.com/press-release.aspx
Want To Know More About The Business Research Company?
The Business Research Company (www.thebusinessresearchcompany.com) is a market intelligence firm that pioneers in company, market, and consumer research. Located globally, TBRC's consultants specialise in various industries including manufacturing, healthcare, financial services, chemicals, and technology.
Global Market Model - World's Most Comprehensive Database
The Business Research Company's flagship product, Global Market Model (www.thebusinessresearchcompany.com/global-market-model) is a market intelligence platform covering various macroeconomic indicators and metrics across 60 geographies and 27 industries. The Global Market Model covers multi-layered datasets which help its users assess supply-demand gaps.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Digital Identity Market Insights 2023, Industry Overview, Growth Factors And Trends Forecast To 2032 here
News-ID: 3187513 • Views: …
More Releases from The Business research company
Increasing Popularity Of Adventure Tourism And Outdoor Sports Due To Growing Dem …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Climbing Helmet Market Through 2025?
The market size of climbing helmets has significantly expanded in the past few years. This market is projected to rise from $1.23 billion in 2024 to $1.31 billion in 2025, experiencing a compound annual growth rate (CAGR)…
Ceramic Floor Tiles And Wall Tiles Market on Track for Strong Growth, Estimated …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Ceramic Floor Tiles And Wall Tiles Market Through 2025?
The market for ceramic floor and wall tiles has shown robust growth over the recent past. The market value is set to surge from $74.02 billion in 2024 to $78.88 billion in 2025,…
Top Market Shifts Transforming the Cement Manufacturing Equipment Market Landsca …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Cement Manufacturing Equipment Market Through 2025?
The market for cement manufacturing equipment has seen significant expansion over the past few years. The sector was valued at $10.08 billion in 2024 and is expected to reach $10.76 billion in 2025, with a compound…
The Surge In Contactless Transactions The Growth Of The Market Due To Growing De …
Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.
What Is the Expected CAGR for the Card Personalization Services Market Through 2025?
The market size for card personalization services has seen robust growth lately, and it's predicted to surge from $3.50 billion in 2024 to $3.79 billion in 2025, with a compound annual growth rate (CAGR) of 8.2%.…
More Releases for Digital
Introducing Digital Sales Pro, Inc: Revolutionizing Digital Sales in the Digital …
Digital Sales Pro, Inc. is a company that helps content creators and publishers make money from content and reach a larger audience with their craft.
In today's world, it can be tough for content creators and publishers to make money and connect with their audience.
At, Digital Sales Pro, Inc. we understand these challenges and have created a suite of solutions that help our clients build a strong online presence, monetize…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
Introduction
The healthcare industry has seen significant growth and development over the years, with technology playing a critical role in transforming patient care. One such innovative technology that has emerged in recent years is the Global Digital Twin in Healthcare Market. This technology allows healthcare professionals to create a virtual replica of a patient's physical self, enabling them to monitor and analyze patient data in real-time. The Global Digital Twin in…
Digital Twin in Healthcare Market Analysis By Type - Product Digital Twins, Proc …
In 2021, the market for Digital Twin in Healthcare worldwide was worth $6.75 billion US dollars. AMR Group projects that the market will reach US$ 96.5 billion by 2031, growing at a CAGR of 40 percent between 2022 and 2031.
Industry Overview
Digital twins are virtual copies of physical objects or things that data scientist & IT professionals can use to compute simulations prior to developing and deploying the original devices. Digital…
Digital Therapeutics Market, Digital Therapeutics Market Size, Digital Therapeut …
The global digital therapeutics market is expected to reach US$ 8,941.1 Mn by 2025 from US$ 1,993.2 Mn in 2017. The market is estimated to grow with a CAGR of 20.8% during the forecast period from 2018 to 2025.
North America is the largest geographic market and it is expected to be the largest revenue generator during the forecast period, whereas the market is expected to witness growth at a significant…
Digital Advertising on Mobil Market Analysis 2019 Top Growing Companies: Adverti …
Digital Advertising on Mobil Market
Digital Advertising on Mobile Market is a type of advertising that shows that mobile devices such as smart phones and tablets have wireless connectivity. For mobile devices with fewer lenses than computers or laptops, digital media formats are often the most suitable for small displays through outputs. Telephone advertising is the communication of products or services of mobile devices and consumers. Telephone announcements range from…
Digital Display Market Future Growth with Worldwide Players (Digital Virgo, Digi …
Digital Display Industry 2019 Global Market 2025 research report represents the historical overview of current Market situation, size, share, trends, growth, supply, outlook and manufacturers with detailed analysis. It also focuses on Digital Display volume and value at global level, regional level and company level. From a global perspective, this report represents overall Digital Display market size by analyzing historical data and future prospect.
Get Sample Copy of this Report -…
