Key Statistics
Digital identity verification value globally in 2024
Digital identity verification value globally in 2029
Total digital identity verification value growth between 2024 & 2029
Forecast period
'Digital ID Verification Spend to Exceed $26 billion Globally by 2029'
Overview
Our Digital Identity Verification research suite provides detailed analysis of this rapidly changing market; allowing digital identity verification solution providers to gain an understanding of key digital identity trends and challenges, potential growth opportunities, and the competitive environment.
Providing multiple options which can be purchased separately, the research suite includes access to data mapping for the future growth of the digital identity verification market. The detailed study reveals the latest opportunities and trends within the market, and an insightful document containing an extensive analysis of 20 digital identity verification solution providers within the space. Aspects such as the use of artificial intelligence and machine learning, different user demands, and the challenges and new techniques employed for onboarding new users are explored throughout the report. The coverage can also be purchased as a Full Research Suite, containing all of these elements, and includes a substantial discount.
Collectively, these elements provide an effective tool for understanding this constantly evolving market; allowing digital identity verification vendors to set out their future strategies to provide effective and efficient verification services to their customers. Its unparalleled coverage makes this research suite an incredibly useful resource for gauging the future of this complex market.
All report content is delivered in the English language.
- Market Dynamics: Insights into key fraud trends and market expansion challenges within the digital identity verification market. It addresses the challenges posed by the evolution of digital identities, technological advancements, barriers to increased digital identity adoption, and analyses multiple use cases where digital identity checks occur. The research also provides a future outlook on the landscape of digital identity verification.
- Key Takeaways & Strategic Recommendations: In-depth analysis of key development opportunities and findings within the market, accompanied by key strategic recommendations for digital identity verification solution providers on emerging trends and how the market is expected to evolve.
- Benchmark Industry Forecasts: The forecasts include data on digital identity verification in banking, eGovernment, eCommerce, and other verification types. These sectors are split by mobile and online verification methods, allowing for usage of each to be easily traced. The data also includes a device split summary and a breakdown of digital identity verification by segment.
- Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 20 digital identity verification vendors, via the Juniper Research Competitor Leaderboard; featuring analysis around major players in the digital identity verification industry.
Research Deliverables
Market Data & Forecasting Report
The numbers tell you what's happening, but our written report details why, alongside the methodologies.
harvest Online Data Platform
Access the very latest data in our exclusive online data platform, harvest. All the data from Excel, with frequent updates and a more user-friendly interface.
harvest Online Data Platform
Access the very latest data in our exclusive online data platform, harvest. All the data from Excel, with frequent updates and a more user-friendly interface.
Market Trends & Strategies Report
A comprehensive analysis of the current market landscape, alongside strategic recommendations.
Competitor Leaderboard Report
Provides a visual representation of the competitive positioning of the leaders within the market.
The market-leading research suite for the digital identity verification market includes access to the full set of forecast data, consisting of 180 tables and over 82,000 datapoints. Metrics in the research suite include:
- Total Volume of Digital Identity Verification Checks
- Total Spend on Digital Identity Verification Checks per Annum
- Average Cost of Digital Identity Verification Checks
These metrics are provided for the following key market verticals:
- Banking Verification
- Smartphone Banking
- Online Banking
- eGovernment Verification
- Smartphone eGovernment
- Online eGovernment
- eCommerce Verification
- Smartphone eCommerce
- Online eCommerce
- Other Verification Types
- Device Split Summary
The Juniper Research Interactive Forecast Excel contains the following functionality:
- Statistics Analysis: Users benefit from the ability to search for specific metrics, displayed for all regions and countries across the data period. Graphs are easily modified and can be exported to the clipboard.
- Country Data Tool: This tool allows the user to review metrics for all regions and countries in the forecast period. Users can refine the metrics displayed via the search bar.
- Country Comparison Tool: Users can select and compare each of the countries. The ability to export graphs is included in this tool.
- What-if Analysis: Here, users can compare forecast metrics against their own assumptions. 5 interactive scenarios.
This report examines the digital identity verification market landscape in detail; assessing different market trends and factors that are shaping the evolution of this growing market, such as biometric verification methods, artificial intelligence and machine learning, as well as current and emerging regulations and standards that are specific to different regions, and how user demands are shaping the way in which digital identities are verified; addressing key vertical and developing challenges, and how vendors should navigate these. As well as looking into digital identity verification use cases where identity checks occur, it also includes evaluation of the different methods of verification that are currently being employed, and those which some vendors are experimenting with in order to address user demands.
The Competitor Leaderboard report provides a detailed evaluation and market positioning for 20 leading vendors in the digital identity verification solution space. These vendors are positioned as an established leader, leading challenger, or disruptor and challenger based on capacity and capability assessments, including their use of technologies such as artificial intelligence, machine learning, and physical and behavioural biometrics. The 20 vendors consist of:
- Entrust
- Experian
- G+D & Veridos
- GBG
- IDEMIA
- iDenfy
- InfoCert
- iProov
- Jumio
- LexisNexis Risk Solutions
- Microsoft
- Onfido
- Ping Identity
- Seon
- Signicat
- Socure
- Subex
- Thales
- Trulioo
- Veriff
This document is centred around the Juniper Research Competitor Leaderboard; a vendor positioning tool that provides an at-a-glance view of the competitive landscape, backed by a robust methodology.
Why Choose Juniper Research?
Enterprise Licencing
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Outstanding Value
Make your budget stretch further as our research represents unrivalled value, with detailed written analysis and comprehensive 5-year forecasts included as standard with all of our data reports.
Expert Insight
With over 20 years of experience, our forecast database and research methodologies are well-established and trusted by market-leading organisations around the world.
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Pricing
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Market outlook & trends analysis