Published on: February 11, 2022


Digital Identity Solutions Market by End-user and Geography - Forecast and Analysis 2022-2026 Market Analysis

Digital identity solutions market size will increase at a steady pace. The rising identity and authentication frauds and the integration of AI, ML, and blockchain technologies to enhance digital identities will be key factors influencing market growth during the forecast period. Thales Group, NEC Corp., Samsung Electronics, GBG, and Telus are some of the key vendors in this marketspace.



This report provides a comprehensive analysis of the growth opportunities, market segmentations, prospects in various regions and key countries, implications of new market trends, and the impact of domestic and global market players.



What will be the Digital Identity Solutions Market Size be in 2023?



Digital-Identity-Solutions-Market-Size



Who are the Key Vendors in the Digital Identity Solutions Market?



Thales Group, NEC Corp., Samsung Electronics, GBG, and Telus are some of the key digital identity solutions market vendors covered in this report.



The market is competitive and with the upcoming number of growth opportunities for market vendors, the competitive landscape is set to intensify further. The key players are adopting various strategies including collaborations, M&As, and the development of innovative products to enhance their customer base.



Covering key vendor revenue, business expansion strategies, portfolio analysis, threat from new entrants and substitutes, and competitive benchmarking, our vendor analysis will help clients plan go-to-market strategies and new product launches.



Digital-Identity-Solutions-Market-Report



What are the Upcoming Digital Identity Solutions Market Trends?



Integration of AI, ML, and blockchain technologies to enhance digital identities and the rising identity and authentication frauds are the key trends that will influence market growth. As a result, the market size will increase at a steady YOY rate during the forecast period.



Though there are several growth for market players, the threat of privacy and data breach will hinder market growth.



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Parent Market - Application Software Industry



The digital identity solutions market is catalogued under the application software industry. This industry was worth $301.04 billion in 2020 and will grow at a moderate pace during the forecast period.




Digital Identity Solutions Market Segmentation



The global market for digital identity solutions has been segmented by end-user and geography. By end-user, the market has been classified into BFSI, IT and ITeS, Government, Telecom, and others.



Based on Geography



By geography, the report analyzes the market by key regions North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA).



Regional-specific analysis also provide insights of the upcoming demand for digital identity solutions across key countries in these regions.



Key Digital Identity Solutions Market Report Benefits




  • Gain in-depth insights about your market that will aid in making strategic decisions related to market entry, partnerships, new product launch, and more.

  • Identify the most profitable product/service segments which will help in upgrading product offerings, portfolio expansion, and market entry.

  • Accurate prediction on digital identity solutions market CAGR, market size, and growth potential.

  • Insights on the market’s growth & opportunities in the global and regional levels.

  • Get a clear understanding on the business implications of key market trends.

  • Detailed analysis of market challenges and risks.

  • Comprehensive data that covers region-, segment-, and company-specific information.

  • Identify key competitors and the products/services they offer, their market share, and business strategies including investments & M&As.



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Scope of the Report



Report Coverage



Details



Page number



120



Base year



2020



Forecast period



2021-2025



Parent Market



Application Software



Parent Market Size



$301.04 billion



By Market segmentation by End-user



BFSI | IT and ITeS | Government | Telecom | Others



Regional analysis



North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa (MEA)



Companies profiled



Thales Group, NEC Corp., Samsung Electronics, GBG, and Telus



Top Market Trend



Rising Identity and Authentication Frauds | Integration of AI, ML, and Blockchain Technologies to Enhance Digital Identities



Report Benefits



Market trends analysis, Competitor market share and strategies, Company profiling and competitive benchmarking, Growth opportunities in global and regional levels, Business implications of market risks and challenges,