Identity Verification Market to Witness Growth Acceleration by 2028

The Identity Verification Market size is expected to grow at an annual average of 11.3% during 2022-2028. Identity Verification provides a security solution to ensure an individual’s unique authentication and identity verification. The security solution consists of real-time physical documents, including speech recognition devices, artificial intelligence biometrics, and more. Identity verification is an important process that ensures a person’s identity matches the one that is supposed to be.

Company Profile

• Experian PLC
• GB Group PLC
• Equifax
• Mitek Systems
• Thales Group S.A.
• RELX PLC
• Onfido Limited
• Trulioo
• Acuant
• TransUnion LLC

Market Segmentation

By Type

• Biometrics
• Non- Biometrics

By Application

• BFSI
• Energy & Utilities
• Healthcare
• Retail &eCommerce
• Government & Defense
• IT & Telecommunication

Scope of the Report

The research study analyzes the Identity Verification Market industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:

Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment

Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume

Key Questions Answered by Identity Verification Market Report

1. What was the Identity Verification Market size in 2020 and 2021; what are the estimated growth trends and market forecast (2022-2028).
2. What will be the CAGR of Identity Verification Market during the forecast period (2022-2028)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
4. Which manufacturer/vendor/players in the Identity Verification Market was the market leader in 2021?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.

Key Benefits of Buying the Identity Verification Market Report:

• Comprehensive analysis of the changing competitive landscape.
• Assists in decision making processes for the businesses along with detailed strategic planning methodologies.
• The report offers an 8-year forecast and assessment of the Identity Verification
• Helps in understanding the key product segments and their estimated growth rate.
• In-depth analysis of market drivers, restraints, trends, and opportunities.
• Comprehensive regional analysis of the Identity Verification
• Extensive profiling of the key stakeholders of the business sphere.
• Detailed analysis of the factors influencing the growth of the Identity Verification Market.