Global KYC and ID Verification Market 2024 by Company, Regions, Type and Application, Forecast to 2030

Global KYC and ID Verification Market 2024 by Company, Regions, Type and Application, Forecast to 2030

KYC and ID Verification is the process of ensuring that current or prospective customers are who they claim to be, and aren't engaging in illicit business through the financial institution.

According to our (Global Info Research) latest study, the global KYC and ID Verification market size was valued at US$ 2599 million in 2023 and is forecast to a readjusted size of USD 22940 million by 2030 with a CAGR of 36.9% during review period.

Jumio is the largest producer of KYC and ID verification in the world, which has a share nearly 15%. North America is the largest consumption market of KYC and ID verification in the world, which accounts for nearly 50% market share. In terms of product, service is the largest segment of KYC and ID verification in the world, which has a share over 50% market share. And in terms of application, retail and ecommerce is the largest segment of application, accounting for nearly 30% market share.

This report is a detailed and comprehensive analysis for global KYC and ID Verification market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global KYC and ID Verification market size and forecasts, in consumption value ($ Million), 2019-2030

Global KYC and ID Verification market size and forecasts by region and country, in consumption value ($ Million), 2019-2030

Global KYC and ID Verification market size and forecasts, by Type and by Application, in consumption value ($ Million), 2019-2030

Global KYC and ID Verification market shares of main players, in revenue ($ Million), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for KYC and ID Verification

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global KYC and ID Verification market based on the following parameters - company overview, revenue, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include Jumio, ID.me, Veriff, Onfido, Trulioo, Sumsub, AU10TIX, Persona, Lightico, Ondato, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market segmentation

KYC and ID Verification market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segmentation

KYC and ID Verification market is split by Type and by Application. For the period 2018-2029, the growth among segments provides accurate calculations and forecasts for Consumption Value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Software
Services

Market segment by Application
BFSI
Retail and Ecommerce
Tele and Gaming
Healthcare and Transport
Other

Market segment by players, this report covers
Jumio
ID.me
Veriff
Onfido
Trulioo
Sumsub
AU10TIX
Persona
Lightico
Ondato
Passbase
APLYiD
Smile Identity
Berbix
Shufti Pro
Verifai
Cognito
Argos KYC

Market segment by regions, regional analysis covers

North America (United States, Canada and Mexico)

Europe (Germany, France, UK, Russia, Italy and Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia and Rest of Asia-Pacific)

South America (Brazil, Rest of South America)

Middle East & Africa (Turkey, Saudi Arabia, UAE, Rest of Middle East & Africa)

The content of the study subjects, includes a total of 13 chapters:

Chapter 1, to describe KYC and ID Verification product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top players of KYC and ID Verification, with revenue, gross margin, and global market share of KYC and ID Verification from 2019 to 2024.

Chapter 3, the KYC and ID Verification competitive situation, revenue, and global market share of top players are analyzed emphatically by landscape contrast.

Chapter 4 and 5, to segment the market size by Type and by Application, with consumption value and growth rate by Type, by Application, from 2019 to 2030.

Chapter 6, 7, 8, 9, and 10, to break the market size data at the country level, with revenue and market share for key countries in the world, from 2019 to 2024.and KYC and ID Verification market forecast, by regions, by Type and by Application, with consumption value, from 2024 to 2030.

Chapter 11, market dynamics, drivers, restraints, trends, Porters Five Forces analysis.

Chapter 12, the key raw materials and key suppliers, and industry chain of KYC and ID Verification.

Chapter 13, to describe KYC and ID Verification research findings and conclusion.