Global Digital Identity Solutions Market 2023-2029

According to the latest estimates, the global digital identity solutions market is set to achieve an incremental growth of USD 30.2 billion, accelerating at a CAGR of almost 14.1% during the forecast period 2023-2029.

The report covers market size and growth, segmentation, regional breakdowns, competitive landscape, trends and strategies for global digital identity solutions market. It presents a quantitative analysis of the market to enable stakeholders to capitalize on the prevailing market opportunities. The report also identifies top segments for opportunities and strategies based on market trends and leading competitors’ approaches.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the component, deployment mode, authentication type, organization size, end user, and region. The global market for digital identity solutions can be segmented by component: solutions, services. According to the research, the solutions segment had the largest share in the global digital identity solutions market. Digital identity solutions market is further segmented by deployment mode: cloud-based, on-premises. In 2022, the cloud-based segment made up the largest share of revenue generated by the digital identity solutions market. Based on authentication type, the digital identity solutions market is segmented into: single-factor authentication, multi-factor authentication. Among these, the single-factor authentication segment was accounted for the highest revenue generator in 2022. On the basis of organization size, the digital identity solutions market also can be divided into: large enterprises, small and medium enterprises (SMEs). The large enterprises segment captured the largest share of the market in 2022. Digital identity solutions market by end user is categorized into: BFSI, energy and utilities, government and military, healthcare, IT and telecom, others. The digital identity solutions market by region can be segmented into: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America.

Market Segmentation
By component: solutions, services
By deployment mode: cloud-based, on-premises
By authentication type: single-factor authentication, multi-factor authentication
By organization size: large enterprises, small and medium enterprises (SMEs)
By end user: BFSI, energy and utilities, government and military, healthcare, IT and telecom, others
By region: North America, Europe, Asia-Pacific, MEA (Middle East and Africa), Latin America

The report also provides analysis of the key companies of the industry and their detailed company profiles including DERMALOG Identification Systems GmbH, ForgeRock, Inc., Freja eID Group AB, GB Group plc, HID Global Corporation (Assa Abloy AB), IDEMIA France SAS, iProov Limited, Jumio Corporation, NEC Corporation, Samsung SDS Co., Ltd., Signicat AS, Telus Corporation Inc., Thales S.A., Veridos GmbH, among others. In this report, key players and their strategies are thoroughly analyzed to understand the competitive outlook of the market.
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Scope of the Report
• To analyze and forecast the market size of the global digital identity solutions market.
• To classify and forecast the global digital identity solutions market based on component, deployment mode, authentication type, organization size, end user, region.
• To identify drivers and challenges for the global digital identity solutions market.
• To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global digital identity solutions market.
• To identify and analyze the profile of leading players operating in the global digital identity solutions market.

Why Choose This Report
• Gain a reliable outlook of the global digital identity solutions market forecasts from 2023 to 2029 across scenarios.
• Identify growth segments for investment.
• Stay ahead of competitors through company profiles and market data.
• The market estimate for ease of analysis across scenarios in Excel format.
• Strategy consulting and research support for three months.
• Print authentication provided for the single-user license.