Global Identity-Verification Market Include– Entrust Corporation, IDEMIA, LexisNexis Risk Solutions

Identity verification is the process of confirming an individual's identity using official documents, biometrics, or digital methods to prevent fraud and ensure security. ”
— Exactitude Consultancy

CALIFORNIA, CA, UNITED STATES, February 14, 2025 /EINPresswire.com/ -- The report has offered an all-inclusive analysis of the global Identity-Verification Market taking into consideration all the crucial aspects like growth factors, constraints, market developments, top investment pockets, future prospects, and trends. At the start, the report lays emphasis on the key trends and opportunities that may emerge in the near future and positively impact the over The Identity-Verification Market report provides a holistic evaluation of the market. The report offers comprehensive analysis of Size, Share, Scope, Demand, Growth, Value, Opportunities, Industry Statistics, Industry Trends, Industry Share, Revenue Analysis, Revenue Forecast, Future Scope, Challenges, Growth Drivers, leaders, graph, insights, Research Report, companies, overview, outlook and factors that are playing a substantial role in the market. all industry growth.

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The global identity verification market was valued at approximately USD 11.97 billion in 2024. It is projected to reach around USD 39.82 billion by 2032, indicating a compound annual growth rate (CAGR) of about 16.2% during the forecast period from 2025 to 2032.

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Entrust Corporation, IDEMIA, LexisNexis Risk Solutions, Onfido, Trulioo, Socure, Shufti Pro, GB Group (GBG), Experian, Equifax, Thales Group, Samsung SDS, Microsoft, BioID, Jumio, Mitek Systems, IDEX Biometrics, Innovative Card Technologies, HyTrust, Inc., WorldReach Software

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Segmentation by Component:

Solutions

Identity verification software

Authentication software

Services

Professional services

Managed services

Segmentation by Deployment Type:

On-premises

Cloud-based

Segmentation by Organization Size:

Small and Medium-sized Enterprises (SMEs)

Large Enterprises

Segmentation by Industry Vertical:

Banking, Financial Services, and Insurance (BFSI)

Government and Defense

Healthcare

Retail and E-commerce

Information Technology (IT) and Telecommunications

Transportation

Gaming and Entertainment

Other Verticals (Education, Hospitality, etc.)

Segmentation by Identity Verification Type:

Biometrics

Facial recognition

Fingerprint scanning

Iris and retinal scanning

Non-Biometrics

Document verification

Database verification

Knowledge-based verification (KBV)

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– Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

– North America (United States, Mexico & Canada)

– South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

– Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

– Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).

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Identity-Verification Market Key Indicators Analysed:

Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2025-2034 & Sales with a thorough analysis of the markets competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.

Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2024-2030. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.

Market Trends: Identity-Verification Market key trends which include Increased Competition and Continuous Innovations.

Opportunities and Drivers: Identifying the Growing Demands and New Technology

Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.

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To study and analyse the global s market size (value and volume) by company, key regions/countries, products and application forecast to 2034.

To understand the structure of Identity-Verification market by identifying its various sub segments.

To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).

Focuses on the key global Identity-Verification manufacturers, to define, describe and analyse the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.

To analyse the Identity-Verification with respect to individual growth trends, future prospects, and their contribution to the total market.

To project the value and volume of Identity-Verification submarkets, with respect to key regions (along with their respective key countries).

To analyse competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

To strategically profile the key players and comprehensively analyse their growth strategies.

Buy Now Our Latest Report:

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Estimates 2024-2032 Identity-Verification Report on, Status and Forecast, by Players, Types and Applications market development trends with the recent trends and SWOT analysis

Market dynamics scenario, along with growth opportunities of the market in the years to come

Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects

Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.

Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years

Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players

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Identity-Verification Market Report may well be modified to meet your detailed business essentials. Because we understand what our clients want, we provide up to 20% customization for any of our market reports at no added cost to all of our Users.

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Exactitude Consultancy is a market research & consulting services firm which helps its client to address their most pressing strategic and business challenges. Our market research helps clients to address critical business challenges and also helps make optimized business decisions with our fact-based research insights, market intelligence, and accurate data.

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Irfan T
Exactitude Consultancy
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