How Will Total Spend on Digital Identity Verification Checks Evolve Over the Next Five Years?

Juniper Research forecasts that the global total number of digital identity verification checks will exceed 175 billion by 2030; up from 100.4 billion in 2026. Meanwhile, the total value of digital identity verification checks is forecast to reach $29.0 billion in 2030; rising from $18.8 billion in 2026. 

Verification is evolving from a one-time onboarding process into a continuous, lifecycle-based capability. Increasingly, businesses are recognising that identity risk does not end after initial verification. This is especially true in sectors such as financial services, eCommerce, and digital banking, where ongoing verification is becoming essential to fraud prevention and risk management.

About the Infographic

The graph highlights projected digital identity verification spend across key market segments over the next five years.

eGovernment Verification

Governments are among the world’s largest operators of digital identity infrastructure. Citizens demand faster, more accessible public services, from accessing benefits and healthcare, to filing taxes, renewing licences, and crossing borders. Identity verification sits at the heart of it all and has become central to everyday interactions.

The total number of eGovernment identity verification checks is forecast to grow from 2.0 billion in 2026 to 3.1 billion in 2030. Spending on digital identity verification checks for eGovernment services is expected to reach $1.3 billion in 2030; up from $966.8 million in 2026.

Banking Verification

The financial services sector is one of the most heavily regulated and technically sophisticated segments within the digital identity verification market. Banks, investment firms, insurers, payment providers, and fintech platforms all operate under extensive Know Your Customer (KYC) and Anti-money Laundering (AML) obligations, and identity verification sits at the core of their customer onboarding and ongoing monitoring frameworks.

Digital identity verification spending in the banking and financial services sector encompasses both onboarding and continuous verification.
 
The total number of digital identity verification checks in this sector is forecast to increase from 45.2 billion in 2026 to 64.5 billion in 2030. Meanwhile, global spending on digital identity verification checks in banking is expected to rise from $9.5 billion in 2026 to $12.7 billion in 2030.

eCommerce Verification

Historically, most online retailers have collected only the minimum data required to fulfil a transaction; creating a verification gap that organised fraud can systematically exploit. As commerce has moved online at scale, determining who is behind an account, payment, or return has become commercially and operationally critical, rather than simply a compliance consideration.

eCommerce verification encompasses a range of use cases, including checks for large-ticket purchases. The total number of digital identity verification checks for eCommerce payments is forecast to increase from 33.8 billion in 2026 to 58.5 billion in 2030. Over the same period, spending on digital identity verification for eCommerce payments is projected to rise from $4.9 billion to $7.6 billion.

Other Verification Services

This segment encompasses other sectors that use digital identity verification services, including mobile network operators, online casinos, and other digital services where identity verification is required.

The total number of digital identity verification checks across these services is anticipated to increase from 19.2 billion in 2026 to 49.0 billion in 2030. Meanwhile, spending on digital identity verification is forecast to grow from $3.4 billion in 2026 to $7.3 billion in 2030.

Source: Digital Identity Verification Market 2026-2030

Read the Press Release: Digital Identity Verification Market to Surpass $29 Billion by 2030 Globally, as LexisNexis Risk Solutions, Experian, and Thales Identified as Leaders

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