Market Research

GCC Identity Verification Market - Industry Trends and Forecast to 2029

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from $3,500 156 Pages Data Bridge Market Research October, 2022 DAABD17504273
Best Price Guarantee
Price from $3,500
Length 156 Pages
Publisher Data Bridge Market Research
Published Date October, 2022
SKU DAABD17504273

GCC Identity Verification Market - Industry Trends and Forecast to 2029

GCC identity verification market is projected to register a CAGR of 11.9% in the forecast period of 2022 to 2029. The new market report contains data for the historic year 2020, the base year of calculation is 2021, and the forecast period is 2022 to 2029

Market Segmentation

GCC Identity Verification Market, By Component (Solution and Services), Type (Non-Biometrics and Biometrics), Deployment Mode (On-Premise and Cloud), Organization Size (Large Enterprises and SMEs), Vertical (BFSI, Government & Defense, Energy & Utilities, Retail & E-commerce, IT & Telecom, Healthcare, Gaming, and Others), Country (U.A.E., Kingdom of Saudi Arabia (KSA), Qatar, Kuwait, Oman, Bahrain) Industry Trends and Forecast to 2029

Some of the major factors contributing to the growth of the GCC identity verification market are:
• Increasing usage of smartphones
• Increasing adoption of NFC technologies

Market Players

Some of the major players operating in the GCC identity verification market are:
• Experian Information Solutions, Inc. (A Subsidiary of Experian plc )
• LexisNexis Risk Solutions Group.
• Onfido
• GB Group plc ('GBG')
• Acuant, Inc.
• IDEMIA
• Thales Group
• Shufti Pro
• Uqudo
• Western Union Holdings, Inc.
• Plaid Inc.
• IDMERIT.
• AccuraTechnolabs
• Ping Identity
• IDnow.
• AML UAE.
• Stripe
• Elm Company
• Refinitiv
• Trulioo.
• QlikTech International AB

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1 Introduction
1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Gcc Identity Verification Market
1.4 Currency And Pricing
1.5 Limitations
1.6 Markets Covered
2 Market Segmentation
2.1 Markets Covered
2.2 Geographical Scope
2.3 Years Considered For The Study
2.4 Dbmr Tripod Data Validation Model
2.5 Primary Interviews With Key Opinion Leaders
2.6 Dbmr Market Position Grid
2.7 Vendor Share Analysis
2.8 Multivariate Modeling
2.9 Component Timeline Curve
2.10 Secondary Sources
2.11 Assumptions
3 Executive Summary
4 Premium Insights
4.1 Technological Advancement By Manufacturers
4.1.1 Ai
4.1.2 Internet Of Things (Iot)
4.1.3 5g & Lte
4.1.4 Nfc Technology
4.1.5 Smart Biometric Technologies
4.2 Supply Chain Analysis
4.2.1 Raw Material Procurement
4.2.2 Manufacturing
4.2.3 Marketing And Distribution
4.2.4 End Users
4.3 Use Case
4.3.1 Financial Services
4.3.2 E-commerce And Retail
4.3.3 Healthcare
4.3.4 Government
4.3.5 Education
4.4 Regulation Coverage
4.5 Key Features Offered By Identity Verification Solutions
4.5.1 Digital Onboarding
4.5.2 E Kyc
4.5.3 Regtech Solutions
4.6 Porter's Model
5 Market Overview
5.1 Drivers
5.1.1 Increasing Demand For Near-field Communication (Nfc) Technologies
5.1.2 High Dependency On Cloud Identity And Access Management Solutions
5.1.3 Growing Adoption Of Identity Verification Solutions
5.1.4 Rapid Growth In Digitalization Across Business
5.2 Restraints
5.2.1 Surge In Fraudulent Activities
5.2.2 Lack Of Awareness Regarding Identity Verification Solutions
5.2.3 High Initial Cost
5.3 Opportunities
5.3.1 High Adoption Of Razor-sharp Biometrics Identity Verification Solutions
5.3.2 Increasing Demand For Identity Verification Services In Smartphones
5.3.3 Wide Range Adoption Of Identity Verification Solutions Across Bfsi
5.4 Challenges
5.4.1 Lack Of Skilled Professionals While Offering Service For Identity Verification Solutions
5.4.2 Storage Challenge For Huge Variants Of Data/Information
6 Gcc Identity Verification Market, By Component
6.1 Overview
6.2 Solutions
6.2.1 Document/Id Verification
6.2.2 Digital/Electronic Identity Verification
6.2.3 Authentication
6.3 Services
6.3.1 Managed Services
6.3.2 Professional Services
6.3.2.1 Implementation
6.3.2.2 Training And Support
6.3.2.3 Consulting
6.3.3 Integration Services
7 Gcc Identity Verification Market, By Deployment Mode
7.1 Overview
7.2 On-premise
7.3 Cloud
8 Gcc Identity Verification Market, By Type
8.1 Overview
8.2 Biometrics
8.3 Non-biometrics
9 Gcc Identity Verification Market, By Organization Size
9.1 Overview
9.2 Large Enterprises
9.3 Smes
10 Gcc Identity Verification Market, By Vertical
10.1 Overview
10.2 Government And Defense
10.2.1 Software
10.2.2 Services
10.3 Bfsi
10.3.1 Software
10.3.2 Services
10.4 Retail And Ecommerce
10.4.1 Software
10.4.2 Services
10.5 Healthcare
10.5.1 Software
10.5.2 Services
10.6 It And Telecom
10.6.1 Software
10.6.2 Services
10.7 Energy And Utilities
10.7.1 Software
10.7.2 Services
10.8 Gaming
10.8.1 Software
10.8.2 Services
10.9 Others
10.9.1 Software
10.9.2 Services
11 Gcc Identity Verification Market, By Country
11.1 Uae
11.2 Kingdom Of Saudi Arabia
11.3 Qatar
11.4 Kuwait
11.5 Oman
11.6 Bahrain
12 Gcc Identity Verification Market, Company Landscape
12.1 Company Share Analysis: Gcc
12.2 Company Share Analysis: Uae
12.3 Company Share Analysis: Ksa
13 Swot Analysis
14 Company Profile
14.1 Elm Company
14.1.1 Company Snapshot
14.1.2 Revenue Analysis
14.1.3 Product Portfolio
14.1.4 Recent Development
14.2 Refinitiv
14.2.1 Company Snapshot
14.2.2 Product Portfolio
14.2.3 Recent Development
14.3 Thales Group
14.3.1 Company Snapshot
14.3.2 Revenue Analysis
14.3.3 Solution Portfolio
14.3.4 Recent Developments
14.4 Lexisnexis Risk Solutions Group.
14.4.1 Company Snapshot
14.4.2 Product Portfolio
14.4.3 Recent Developments
14.5 Stripe
14.5.1 Company Snapshot
14.5.2 Product Portfolio
14.5.3 Recent Development
14.6 Gb Group Plc
14.6.1 Company Snapshot
14.6.2 Revenue Analysis
14.6.3 Solution Portfolio
14.6.4 Recent Developments
14.7 Aml Uae.
14.7.1 Company Snapshot
14.7.2 Services Portfolio
14.7.3 Recent Development
14.8 Accuratechnolabs
14.8.1 Company Snapshot
14.8.2 Product Portfolio
14.8.3 Recent Developments
14.9 Acuant, Inc.
14.9.1 Company Snapshot
14.9.2 Solution Portfolio
14.9.3 Recent Development
14.10 Experian Information Solutions, Inc. (A Subsidiary Of Experian Plc)
14.10.1 Company Snapshot
14.10.2 Revenue Analysis
14.10.3 Solution Portfolio
14.10.4 Recent Developments
14.11 Idnow.
14.11.1 Company Snapshot
14.11.2 Product Portfolio
14.11.3 Recent Developments
14.12 Idmerit.
14.12.1 Company Snapshot
14.12.2 Product Portfolio
14.12.3 Recent Developments
14.13 Idemia
14.13.1 Company Snapshot
14.13.2 Solution Portfolio
14.13.3 Recent Developments
14.14 Jumio
14.14.1 Company Snapshot
14.14.2 Solution Portfolio
14.14.3 Recent Developments
14.15 Nuance Communications, Inc.
14.15.1 Company Snapshot
14.15.2 Revenue Analysis
14.15.3 Product Portfolio
14.15.4 Recent Developments
14.16 Onespan.
14.16.1 Company Snapshot
14.16.2 Revenue Analysis
14.16.3 Product Portfolio
14.16.4 Recent Developments
14.17 Onfido
14.17.1 Company Snapshot
14.17.2 Product Portfolio
14.17.3 Recent Developments
14.18 Plaid Inc.
14.18.1 Company Snapshot
14.18.2 Product Portfolio
14.18.3 Recent Development
14.19 Ping Identity.
14.19.1 Company Snapshot
14.19.2 Revenue Analysis
14.19.3 Product Portfolio
14.19.4 Recent Developments
14.20 Qliktech International Ab
14.20.1 Company Snapshot
14.20.2 Product Portfolio
14.20.3 Recent Developments
14.21 Shufti Pro
14.21.1 Company Snapshot
14.21.2 Product Portfolio
14.21.3 Recent Developments
14.22 Trulioo.
14.22.1 Company Snapshot
14.22.2 Solution Portfolio
14.22.3 Recent Developments
14.23 Uqudo
14.23.1 Company Snapshot
14.23.2 Product Portfolio
14.23.3 Recent Development
14.24 Western Holding Inc
14.24.1 Company Snapshot
14.24.2 Revenue Analysis
14.24.3 Product Portfolio
14.24.4 Recent Development
15 Questionnaire
16 Related Reports 156
List Of Tables
Table 1 Below Mentioned Are A Few Regulatory Landscapes Followed In Gcc:
Table 2 Gcc Identity Verification Market, By Component, 2020-2029 (Usd Thousand)
Table 3 Gcc Solutions In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 4 Gcc Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 5 Gcc Professional Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 6 Gcc Identity Verification Market, By Deployment Mode, 2020-2029 (Usd Thousand)
Table 7 Gcc Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 8 Gcc Identity Verification Market, By Organization Size, 2020-2029 (Usd Thousand)
Table 9 Gcc Identity Verification Market, By Vertical, 2020-2029 (Usd Thousand)
Table 10 Gcc Government And Defense In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 11 Gcc Bfsi In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 12 Gcc Retail And Ecommerce In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 13 Gcc Healthcare In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 14 Gcc It & Telecom In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 15 Gcc Energy And Utilities In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 16 Gcc Gaming In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 17 Gcc Others In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 18 Gcc Identity Verification Market, By Country, 2020-2029 (Usd Thousand)
Table 19 U.A.E. Identity Verification Market, By Component, 2020-2029 (Usd Thousand)
Table 20 U.A.E. Solutions In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 21 U.A.E. Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 22 U.A.E. Professional Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 23 U.A.E. Identity Verification Market, By Deployment Mode, 2020-2029 (Usd Thousand)
Table 24 U.A.E Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 25 U.A.E. Identity Verification Market, By Organization Size, 2020-2029 (Usd Thousand)
Table 26 U.A.E. Identity Verification Market, By Vertical, 2020-2029 (Usd Thousand)
Table 27 U.A.E. Government And Defense In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 28 U.A.E. Bfsi In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 29 U.A.E. Retail And Ecommerce In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 30 U.A.E. Healthcare In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 31 U.A.E. It & Telecom In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 32 U.A.E. Energy And Utilities In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 33 U.A.E. Gaming In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 34 U.A.E. Others In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 35 Kingdom Of Saudi Arabia (Ksa) Identity Verification Market, By Component, 2020-2029 (Usd Thousand)
Table 36 Kingdom Of Saudi Arabia (Ksa) Solutions In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 37 Kingdom Of Saudi Arabia (Ksa) Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 38 Kingdom Of Saudi Arabia (Ksa) Professional Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 39 Kingdom Of Saudi Arabia (Ksa) Identity Verification Market, By Deployment Mode, 2020-2029 (Usd Thousand)
Table 40 Kingdom Of Saudi Arabia (Ksa) Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 41 Kingdom Of Saudi Arabia (Ksa) Identity Verification Market, By Organization Size, 2020-2029 (Usd Thousand)
Table 42 Kingdom Of Saudi Arabia (Ksa) Identity Verification Market, By Vertical, 2020-2029 (Usd Thousand)
Table 43 Kingdom Of Saudi Arabia (Ksa) Government And Defense In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 44 Kingdom Of Saudi Arabia (Ksa) Bfsi In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 45 Kingdom Of Saudi Arabia (Ksa) Retail And Ecommerce In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 46 Kingdom Of Saudi Arabia (Ksa) Healthcare In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 47 Kingdom Of Saudi Arabia (Ksa) It & Telecom In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 48 Kingdom Of Saudi Arabia (Ksa) Energy And Utilities In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 49 Kingdom Of Saudi Arabia (Ksa) Gaming In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 50 Kingdom Of Saudi Arabia (Ksa) Others In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 51 Qatar Identity Verification Market, By Component, 2020-2029 (Usd Thousand)
Table 52 Qatar Solutions In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 53 Qatar Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 54 Qatar Professional Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 55 Qatar Identity Verification Market, By Deployment Mode, 2020-2029 (Usd Thousand)
Table 56 Qatar Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 57 Qatar Identity Verification Market, By Organization Size, 2020-2029 (Usd Thousand)
Table 58 Qatar Identity Verification Market, By Vertical, 2020-2029 (Usd Thousand)
Table 59 Qatar Government And Defense In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 60 Qatar Bfsi In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 61 Qatar Retail And Ecommerce In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 62 Qatar Healthcare In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 63 Qatar It & Telecom In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 64 Qatar Energy And Utilities In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 65 Qatar Gaming In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 66 Qatar Others In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 67 Kuwait Identity Verification Market, By Component, 2020-2029 (Usd Thousand)
Table 68 Kuwait Solutions In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 69 Kuwait Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 70 Kuwait Professional Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 71 Kuwait Identity Verification Market, By Deployment Mode, 2020-2029 (Usd Thousand)
Table 72 Kuwait Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 73 Kuwait Identity Verification Market, By Organization Size, 2020-2029 (Usd Thousand)
Table 74 Kuwait Identity Verification Market, By Vertical, 2020-2029 (Usd Thousand)
Table 75 Kuwait Government And Defense In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 76 Kuwait Bfsi In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 77 Kuwait Retail And Ecommerce In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 78 Kuwait Healthcare In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 79 Kuwait It & Telecom In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 80 Kuwait Energy And Utilities In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 81 Kuwait Gaming In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 82 Kuwait Others In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 83 Oman Identity Verification Market, By Component, 2020-2029 (Usd Thousand)
Table 84 Oman Solutions In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 85 Oman Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 86 Oman Professional Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 87 Oman Identity Verification Market, By Deployment Mode, 2020-2029 (Usd Thousand)
Table 88 Oman Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 89 Oman Identity Verification Market, By Organization Size, 2020-2029 (Usd Thousand)
Table 90 Oman Identity Verification Market, By Vertical, 2020-2029 (Usd Thousand)
Table 91 Oman Government And Defense In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 92 Oman Bfsi In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 93 Oman Retail And Ecommerce In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 94 Oman Healthcare In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 95 Oman It & Telecom In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 96 Oman Energy And Utilities In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 97 Oman Gaming In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 98 Oman Others In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 99 Bahrain Identity Verification Market, By Component, 2020-2029 (Usd Thousand)
Table 100 Bahrain Solutions In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 101 Bahrain Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 102 Bahrain Professional Services In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 103 Bahrain Identity Verification Market, By Deployment Mode, 2020-2029 (Usd Thousand)
Table 104 Bahrain Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 105 Bahrain Identity Verification Market, By Organization Size, 2020-2029 (Usd Thousand)
Table 106 Bahrain Identity Verification Market, By Vertical, 2020-2029 (Usd Thousand)
Table 107 Bahrain Government And Defense In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 108 Bahrain Bfsi In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 109 Bahrain Retail And Ecommerce In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 110 Bahrain Healthcare In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 111 Bahrain It & Telecom In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 112 Bahrain Energy And Utilities In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 113 Bahrain Gaming In Identity Verification Market, By Type, 2020-2029 (Usd Thousand)
Table 114 Bahrain Others In Identity Verification Market, By Type, 2020-2029 (Usd Thousand) 108
List Of Figures
Figure 1 Gcc Identity Verification Market: Segmentation
Figure 2 Gcc Identity Verification Market: Data Triangulation
Figure 3 Gcc Identity Verification Market: Droc Analysis
Figure 4 Gcc Identity Verification Market: Regional Vs Country Market Analysis
Figure 5 Gcc Identity Verification Market: Company Research Analysis
Figure 6 Gcc Identity Verification Market: Interview Demographics
Figure 7 Gcc Identity Verification Market: Dbmr Market Position Grid
Figure 8 Gcc Identity Verification Market: Vendor Share Analysis
Figure 9 Gcc Identity Verification Market: Segmentation
Figure 10 Increasing Demand For Near-field Communication (Nfc) Technologies Is Expected To Drive Gcc Identity Verification Market In The Forecast Period Of 2022 To 2029
Figure 11 Solution Segment Is Expected To Account For The Largest Share Of Gcc Identity Verification Market In 2022 & 2029
Figure 12 Technological Trends In Identity Verification Solutions
Figure 13 Supply Chain Of Gcc Identity Verification Market
Figure 14 Drivers, Restraints, Opportunities, And Challenges Of Gcc Identity Verification Market
Figure 15 Figure 2 Growth In Nfc Technologies Usage
Figure 16 Growing Prevalence Of Biometric Solutions Among Consumers
Figure 17 Figure 4 Number Of Smartphone Users Worldwide, From 2016 To 2020
Figure 18 Gcc Identity Verification Market: By Component, 2021
Figure 19 Gcc Identity Verification Market: By Deployment Mode, 2021
Figure 20 Gcc Identity Verification Market: By Type, 2021
Figure 21 Gcc Identity Verification Market: By Organization Size, 2021
Figure 22 Gcc Identity Verification Market: By Vertical, 2021
Figure 23 Gcc Identity Verification Market: Snapshot (2021)
Figure 24 Gcc Identity Verification Market: By Country (2021)
Figure 25 Gcc Identity Verification Market: By Country (2022 & 2029)
Figure 26 Gcc Identity Verification Market: By Country (2021 & 2029)
Figure 27 Gcc Identity Verification Market: By Product Type (2022-2029)
Figure 28 Gcc Identity Verification Market: Company Share 2021 (%)
Figure 29 Uae Gcc Identity Verification Market: Company Share 2021 (%)
Figure 30 Ksa Gcc Identity Verification Market: Company Share 2021 (%) 111

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