Published on: February 11, 2022
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.
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.
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 IndustryThe 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. |
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.
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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, |