Press release
Identity Verification Market to Reach USD 25.56 Billion by 2030 Driven by Rising Cyber-Fraud and Cloud Adoption
Identity Verification Market
Identity (ID) Verification Market Overview
The Identity Verification Market [https://www.mordorintelligence.com/industry-reports/identity-verification-market?utm_source=abnewswire] is valued at USD 14.19 billion in 2025 and is on track to reach USD 25.56 billion by 2030, advancing at an 11.38% CAGR. North America continues to hold the largest market share, while Asia-Pacific is emerging as the fastest-growing region due to digital onboarding mandates and expanding fintech adoption.
These Identity (ID) Verification not only help reduce fraud risk but also streamline onboarding processes and reflect the evolving priorities of businesses across sectors.
Key Trends in the Identity (ID) Verification Market 1. Increasing Cyber-Fraud and Regulatory Fines
Fraudulent account activities are rising, driven by AI-generated synthetic IDs and deepfake attacks. Financial institutions and other organizations are adopting multi-layered verification platforms that integrate document forensics, behavioral analytics, and biometric authentication.
2. Remote Onboarding and e-KYC Mandates
Governments in the EU and Asia-Pacific are introducing digital identity mandates, while enterprises are implementing secure onboarding workflows that reduce manual verification times and improve operational efficiency.
3. AI-Driven Document Forensics
Behavioral biometrics and computer vision detect anomalies in micro-expressions and document metadata, significantly reducing false positives.
4. Cross-Border Digital ID Interoperability
International pilots are testing harmonized digital identity formats, allowing users to reuse credentials across borders. This trend facilitates smoother cross-border transactions, supports financial inclusion, and enhances platform scalability.
Check out more details and stay updated with the latest industry trends, including the Japanese version for localized insights: https://www.mordorintelligence.com/ja/industry-reports/identity-verification-market?utm_source=abnewswire
ID Verification Market Segmentation
*
By Deployment:
On-Premise
Cloud
*
By Solution Type:
Document / ID Verification
Biometric Verification
Authentication and Liveness
Others
*
By End-User Industry:
Financial Services (BFSI)
Retail and E-Commerce
Government and Public Sector
Healthcare
Telecom and IT
Others
*
By Organization Size:
Large Enterprises
Small and Medium Enterprises (SMEs)
*
By Geography:
North America:
United States
Canada
Mexico
South America:
Brazil
Argentina
Rest of South America
Europe:
Germany
United Kingdom
France
Italy
Spain
Rest of Europe
Asia-Pacific:
China
Japan
India
South Korea
Southeast Asia
Rest of Asia-Pacific
Middle East and Africa:
Middle East: Saudi Arabia, United Arab Emirates, Turkey, Rest of Middle East
Africa: South Africa, Nigeria, Egypt, Rest of Africa
Explore Our Full Library of Technology, Media and Telecom Research Industry Reports - https://www.mordorintelligence.com/market-analysis/technology-media-and-telecom?utm_source=abnewswire
Key Players in the Identity (ID) Verification Market
*
Mastercard: Offers digital identity solutions and authentication services to enhance secure transactions and reduce fraud.
*
Onfido: Provides AI-driven identity verification and document authentication for digital onboarding.
*
GBG (Idology): Specializes in identity verification and fraud prevention solutions for financial services and online businesses.
*
Intellicheck: Delivers identity verification and authentication technologies to prevent fraud in retail and government sectors.
*
Jumio: Offers end-to-end identity verification and biometric authentication solutions for secure online transactions.
Conclusion The ID Verification Market is set to continue strong growth as organizations prioritize digital security and efficient customer onboarding. Current Identity (ID) Verification statistics highlight the increasing adoption of these technologies across multiple sectors, reinforcing the market's critical role in combating fraud and ensuring trust. The expanding Identity (ID) Verification size reflects the broadening scope and significance of these solutions in supporting secure digital operations worldwide.
For complete market analysis, please visit the Mordor Intelligence page: https://www.mordorintelligence.com/industry-reports/identity-verification-market?utm_source=abnewswire
Industry Related Reports:
Mobile Identification Market
The Mobile Identification Market is estimated to reach USD 5.20 billion in 2025 and is projected to grow to USD 17.10 billion by 2030, registering a CAGR of 26.60% during the forecast period. Growth is driven by increasing demand for secure mobile-based identity solutions and rising adoption of digital onboarding across banking, government, and telecom sectors.
Get more insights: https://www.mordorintelligence.com/industry-reports/global-mobile-identification-market?utm_source=abnewswire
Decentralized Identity Market
The Decentralized Identity Market is valued at USD 4.89 billion in 2025 and is expected to surge to USD 41.73 billion by 2030, growing at a remarkable CAGR of 53.48% during the forecast period. The market growth is fueled by increasing demand for user-controlled digital identities and rising adoption of blockchain and secure authentication solutions across financial services and government sectors.
Get more insights: https://www.mordorintelligence.com/industry-reports/decentralized-identity-market?utm_source=abnewswire
Signature Verification Market
The Signature Verification Market is valued at USD 2.8 billion in 2025 and is projected to grow to USD 3.6 billion by 2030, achieving a CAGR of 20.6% during the forecast period. Market growth is driven by increasing adoption of digital transaction authentication and the need for secure, efficient verification in banking, finance, and legal sectors.
Get more insights: https://www.mordorintelligence.com/industry-reports/signature-verification-market?utm_source=abnewswire
About Mordor Intelligence:
Mordor Intelligence is a trusted partner for businesses seeking comprehensive and actionable market intelligence. Our global reach, expert team, and tailored solutions empower organizations and individuals to make informed decisions, navigate complex markets, and achieve their strategic goals.
With a team of over 550 domain experts and on-ground specialists spanning 150+ countries, Mordor Intelligence possesses a unique understanding of the global business landscape. This expertise translates into comprehensive syndicated and custom research reports covering a wide spectrum of industries, including aerospace & defense, agriculture, animal nutrition and wellness, automation, automotive, chemicals & materials, consumer goods & services, electronics, energy & power, financial services, food & beverages, healthcare, hospitality & tourism, information & communications technology, investment opportunities, and logistics.
For any inquiries or to access the full report, please contact:
media@mordorintelligence.comhttps://www.mordorintelligence.com/
Media Contact
Company Name: Mordor Intelligence Private Limited
Contact Person: Jignesh Thakkar
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=identity-verification-market-to-reach-usd-2556-billion-by-2030-driven-by-rising-cyberfraud-and-cloud-adoption]
Phone: +1 617-765-2493
Address:11th Floor, Rajapushpa Summit, Nanakramguda Rd, Financial District, Gachibowli
City: Hyderabad
State: Telangana 500008
Country: India
Website: https://www.mordorintelligence.com/
Legal Disclaimer: Information contained on this page is provided by an independent third-party content provider. ABNewswire makes no warranties or responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you are affiliated with this article or have any complaints or copyright issues related to this article and would like it to be removed, please contact retract@swscontact.com
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 Identity Verification Market to Reach USD 25.56 Billion by 2030 Driven by Rising Cyber-Fraud and Cloud Adoption here
News-ID: 4207984 • Views: …
More Releases from ABNewswire
Couples Therapy Birmingham Support in Birmingham Expanded by Phinity Therapy to …
Couples Therapy Birmingham services have expanded across Frankley, Northfield, and Halesowen, improving access to professional relationship counselling for local residents. Phinity Therapy provides structured and confidential support for couples seeking guidance with communication challenges, conflict resolution, and long-term relationship wellbeing throughout the Birmingham region.
Introduction: Couples Therapy Birmingham in Birmingham
Couples Therapy Birmingham services are becoming more accessible to residents across Birmingham following the expansion of structured relationship support into Frankley, Northfield,…
UK Taxpayers Seek Easy Tax Software as Digital Filing Becomes the New Normal
As digital tax filing becomes the default across the UK, taxpayers are increasingly searching for easy tax software that removes complexity from self assessment and online submissions. With more people managing freelance income, property earnings, and side work alongside PAYE employment, demand for simpler tools is rising. Industry data from Pie shows sustained growth in users choosing guided, app-based tax platforms over manual forms and spreadsheets.
LONDON, United Kingdom - February…
Top CPA in Dallas, Texas, Advises Clients to Prepare for Potential Shifts in Tax …
Dallas, TX - With comprehensive tax reform proposals under consideration, taxpayers and business owners face a landscape of potential changes that could reshape financial strategies for years to come. The proposals encompass wide-ranging modifications to individual deductions, capital gains treatment, estate tax exemptions, and business tax structures that require proactive planning and careful evaluation.
Jeff Badu, a well-known tax accountant in Dallas, Texas [https://www.abnewswire.com/pressreleases/tax-professional-in-dallas-tx-highlights-importance-of-early-retirement-planning-as-many-approach-retirement-unprepared_785667.html], advises clients to review their current tax…
Top Plant Maintenance Contractor in Bay Area CA Notes Wave of Office Relocations …
Bay Area, CA - As commercial lease expirations accelerate through 2026, businesses across Silicon Valley are rethinking their office strategies. Companies are downsizing while simultaneously upgrading to class A office spaces featuring biophilic design elements that integrate nature into the workplace. This shift reflects a strategic response to the hybrid work era, where premium environments can make the difference in bringing employees back to the office.
Jennifer Farmer, a plant maintenance…
More Releases for Verification
Vehicle Verification And History Report
Buying or selling a vehicle requires more than just inspecting its exterior. A Vehicle Verification and History Report provides detailed insights into a vehicle's past, helping buyers and sellers avoid financial loss, legal issues, and safety risks. This guide explains what these reports include, how to obtain them, and why they are essential.
What is a Vehicle Verification and History Report
A Vehicle Verification and History Report is a comprehensive document outlining…
Background Verification Software Market Size Analysis by Application, Type, and …
USA, New Jersey- According to Market Research Intellect, the global Background Verification Software market in the Internet, Communication and Technology category is projected to witness significant growth from 2025 to 2032. Market dynamics, technological advancements, and evolving consumer demand are expected to drive expansion during this period.
The market for background check software has been steadily expanding as a result of growing concerns about workplace safety, regulatory compliance, and employee integrity…
Age Verification Technology | ARGOS Identity
ARGOS Identity offers a comprehensive solution to modern identity verification challenges. This system is designed to address the complexities of verifying identities in today's digital landscape, where traditional methods often fall short. ARGOS leverages advanced technology to ensure accurate and secure verification, preventing fraud, fake IDs, and unauthorized access.
The platform is adaptable, making it suitable for various industries that require stringent identity verification, such as online video gaming, iGaming, firearms/ammo,…
Global Education Verification Service Market Size, Share, Demand, Growth Analysi …
Over the forecast period of 2023-2029, the market for Education Verification Services Market is anticipated to expand at a substantial compound annual growth of 10.2%. Organisations can use the Education Verification Service (EVS) to check a person's educational background and its accuracy. It is frequently used in job applications, immigration and visa applications, and tenant screening to prove the completion of a degree, diploma, or other educational programme. According to…
SprintVerify - Democratize Verification
SprintVerify, is a No-Code Document Verification Platform, designed to democratise the verification process for the masses. Through its revolutionary "Click2Verify" characteristic, it greatly eases the otherwise tedious process of verifying documents & onboarding partners, customers or users.
Verify all major documents in real-time, with just a click! Our easy-to-use platform enables fast onboarding through online document verification.
SprintVerify delivers a first-of-its-kind, A.I-Powered Document Verification experience that is Fast, Secure & Reliable.
SprintVerify's…
Identity Verification Market
New York, Global Identity Verification Market report from Global Insight Services is the single authoritative source of intelligence on Identity Verification Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories,…
