Digital Identity solutions are flexible and scalable which can help organizations in reducing costs as well as complex Identity solutions. A digital Identity solution comprises biometrics and non-biometric solutions which provides extra layer of security to systems, devices, and data. It is widely used in various industries such as BFSI, IT & Telecomm, Retail, Government & Defense, Healthcare, and Others.
Increase in Identity and authentication fraud is the key driving factor which is expected to boost the global digital Identity solutions market growth. Furthermore, integration of biometrics in smartphones will positively contribute the market growth. Moreover, rise in technological advancements and product launch activities by key players will propel the market growth during this forecast period. For instance, September 2019, in Refinitiv had launched new “Qual -ID” integrating digital Identity Technology to Identity fraud and financial services. Qual-ID technology combines digital ID verification and document proofing. Also, in July 2020, Accertify had launched its new solution (Accertify Digital Identity) to help enterprises address the significant increase in account opening and account takeover frauds. This is a sophisticated API-based solution which empowers enterprises to trust and verify who is on the other side of digital interaction.
However, high cost involved in deploying digital Identity solution is the major challenging factor which is expected to hinder the global digital Identity solutions market growth. Also, lack of information security of consumer data will affect the market growth during this analysis period.
Global Digital Identity Solutions Market is segmented into authentication type such as Single-Factor Authentication, and Multi-Factor Authentication, by solution such as Biometric, and Non-Biometrics. Further, market is segmented into end user such as BFSI, IT & Telecomm, Retail, Government & Defense, Healthcare, and Others.
Also, Global Digital Identity Solutions Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa.
Various key players are discussed in this report such as NEC, Samsung SDS, Thales Group, GBG, Telus, IDEMIA, ForgeRock, Jumio, Accertify, Refinitiv, and Duo Security (Cisco).
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5.1 Y-o-Y Growth Comparison, By Authentication Type
5.2 Global Digital Identity Solutions Market Share Analysis, By Authentication Type
5.3 Global Digital Identity Solutions Market Size and Forecast, By Authentication Type
5.3.1 Single-Factor Authentication
5.3.2. Multi-Factor Authentication
6.1 Y-o-Y Growth Comparison, By Solution
6.2 Global Digital Identity Solutions Market Share Analysis, By Solution
6.3 Global Digital Identity Solutions Market Size and Forecast, By Solution
6.3.1 Biometric
6.3.2 Non-Biometric
7.1 Y-o-Y Growth Comparison, By End User
7.2 Global Digital Identity Solutions Market Share Analysis, By End User
7.3 Global Digital Identity Solutions Market Size and Forecast, By End User
7.3. 1 BFSI
7.3.2 IT & Telecom
7.3.3. Retail
7.3.4. Government Defense
7.3.5. Healthcare
7.3.6. Others
8.1 Global Digital Identity Solutions Market Share Analysis, By Region
8.2 Global Digital Identity Solutions Market Share Analysis, By Region
8.3 Global Digital Identity Solutions Market Size and Forecast, By Region
9.1 Introduction
9.2 North America Digital Identity Solutions Market Share Analysis, By Authentication Type
9.3 North America Digital Identity Solutions Market Size and Forecast, By Solution
9.4 North America Digital Identity Solutions Market Size and Forecast, By End User
9.5 North America Digital Identity Solutions Market Size and Forecast, By Country
9.5.1 U.S.
9.5.2 Canada
9.5.3 Mexico
10.1 Introduction
10.2 Europe Digital Identity Solutions Market Share Analysis, By Authentication Type
10.3 Europe Digital Identity Solutions Market Size and Forecast, By Solution
10.4 Europe Digital Identity Solutions Market Size and Forecast, By End User
10.5 Europe Digital Identity Solutions Market Size and Forecast, By Country
10.5.1 Germany
10.5.2 France
10.5.3 UK
10.54. Rest of Europe
11.1 Introduction
11.2 Asia Pacific Digital Identity Solutions Market Share Analysis, By Authentication Type
11.3 Asia Pacific Digital Identity Solutions Market Size and Forecast, By Solution
11.4 Asia Pacific Digital Identity Solutions Market Size and Forecast, By End User
11.5 Asia Pacific Digital Identity Solutions Market Size and Forecast, By Country
11.5.1 China
11.5.2 Japan
11.5.3 India
11.5.4. Rest of Asia Pacific
12.1 Introduction
12.2 Latin America Digital Identity Solutions Market Share Analysis, By Authentication Type
12.3 Latin America Digital Identity Solutions Market Size and Forecast, By Solution
12.4 Latin America Digital Identity Solutions Market Size and Forecast, By End User
12.5 Latin America Digital Identity Solutions Market Size and Forecast, Country
13.1 Introduction
13.2 Middle East Digital Identity Solutions Market Share Analysis, By Authentication Type
13.3 Middle East Digital Identity Solutions Market Size and Forecast, By Solution
13.4 Middle East Digital Identity Solutions Market Size and Forecast, By End User
13.5 Middle East Digital Identity Solutions Market Size and Forecast, By Country
14.1 Competition Dashboard
14.2 Market share Analysis of Top Vendors
14.3 Key Development Strategies
15.1.1 Overview
15.1.2 Offerings
15.1.3 Key Financials
15.1.4 Business Segment & Geographic Overview
15.1.5 Key Market Developments
15.1.6 Key Strategies
15.2.1 Overview
15.2.2 Offerings
15.2.3 Key Financials
15.2.4 Business Segment & Geographic Overview
15.2.5 Key Market Developments
15.2.6 Key Strategies
15.3.1 Overview
15.3.2 Offerings
15.3.3 Key Financials
15.3.4 Business Segment & Geographic Overview
15.3.5 Key Market Developments
15.3.6 Key Strategies
15.4.1 Overview
15.4.2 Offerings
15.4.3 Key Financials
15.4.4 Business Segment & Geographic Overview
15.4.5 Key Market Developments
15.4.6 Key Strategies
15.5.1 Overview
15.5.2 Offerings
15.5.3 Key Financials
15.5.4 Business Segment & Geographic Overview
15.5.5 Key Market Developments
15.5.6 Key Strategies
15.6.1 Overview
15.6.2 Offerings
15.6.3 Key Financials
15.6.4 Business Segment & Geographic Overview
15.6.5 Key Market Developments
15.6.6 Key Strategies
15.7.1 Overview
15.7.2 Offerings
15.7.3 Key Financials
15.7.4 Business Segment & Geographic Overview
15.7.5 Key Market Developments
15.7.6 Key Strategies
15.8.1 Overview
15.8.2 Offerings
15.8.3 Key Financials
15.8.4 Business Segment & Geographic Overview
15.8.5 Key Market Developments
15.8.6 Key Strategies
15.9.1 Overview
15.9.2 Offerings
15.9.3 Key Financials
15.9.4 Business Segment & Geographic Overview
15.9.5 Key Market Developments
15.9.6 Key Strategies
15.10.1 Overview
15.10.2 Offerings
15.10.3 Key Financials
15.10.4 Business Segment & Geographic Overview
15.10.5 Key Market Developments
15.10.6 Key Strategies
15.11.1 Overview
15.11.2 Offerings
15.11.3 Key Financials
15.11.4 Business Segment & Geographic Overview
15.11.5 Key Market Developments
15.11.6 Key Strategies
