Global Digital Identity Solutions Market Growth (Status and Outlook) 2023-2029

Global Digital Identity Solutions Market Growth (Status and Outlook) 2023-2029

Key factors driving the market include growth focused on enhancing the end-to-end customer experience. Enterprises can be considered early adopters of digital identity solutions because they have a large workforce and associated network equipment and are vulnerable to identity-related risks. Businesses have offices in various regions, forcing them to provide solutions by giving employees real-time access to data. In addition, businesses have no budget constraints, which enables them to adopt local-based digital identity solutions. However, due to the scalability of the benefits, a major shift from on-premises solutions to cloud-based solutions is expected. Due to additional features such as access risk, excess risk and risk outliers, businesses are expected to increasingly adopt digital identity solutions.

LPI (LP Information)' newest research report, the “Digital Identity Solutions Industry Forecast” looks at past sales and reviews total world Digital Identity Solutions sales in 2022, providing a comprehensive analysis by region and market sector of projected Digital Identity Solutions sales for 2023 through 2029. With Digital Identity Solutions sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital Identity Solutions industry.

This Insight Report provides a comprehensive analysis of the global Digital Identity Solutions landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Digital Identity Solutions portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital Identity Solutions market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital Identity Solutions and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital Identity Solutions.

The global Digital Identity Solutions market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.

United States market for Digital Identity Solutions is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

China market for Digital Identity Solutions is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Europe market for Digital Identity Solutions is estimated to increase from US$ million in 2022 to US$ million by 2029, at a CAGR of % from 2023 through 2029.

Global key Digital Identity Solutions players cover NEC, Samsung SDS, Thales Group, GBG, Telus, IDEMIA, Tessi and ForgeRock, etc. In terms of revenue, the global two largest companies occupied for a share nearly % in 2022.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital Identity Solutions market by product type, application, key players and key regions and countries.

Market Segmentation:

Segmentation by type
Biometrics
Non-biometrics

Segmentation by application
Bank
Retail and Commerce
Government and Defense
Healthcare
Information Technology (IT) and Telecom
Energy and Utility
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
NEC
Samsung SDS
Thales Group
GBG
Telus
IDEMIA
Tessi
ForgeRock

Please note: The report will take approximately 2 business days to prepare and deliver.