出版：MarketsandMarkets（マーケッツアンドマーケッツ） 出版年月：2023年 1月
個人認証市場 : コンポーネント (ソリューションとサービス)、タイプ (生体認証と非生体認証)、組織の規模、展開モード、用途、垂直 (BFSI、小売と e コマース、ゲームとギャンブル)、地域別 – 2027年までの世界予測
Identity Verification Market by Component (Solutions and Services), Type (Biometric and Non-Biometric), Organization Size, Deployment Mode, Application, Vertical (BFSI, Retail and eCommerce, and Gaming and Gambling) and Region – Global Forecast to 2027
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The global identity verification market size is projected to grow from USD 9.5 billion in 2022 to USD 18.6 billion by 2027, at a compound annual growth rate (CAGR) of 14.4% during the forecast period.
The market has promising growth potential due to several factors, including growing identity thefts and expanding dangers of fraudster access to business networks, apps, or services, strict government regulations and mandates regarding privacy, and increased digitization initiatives. However, a lack of technical expertise along with the need for security awareness and training, and increased installation and maintenance costs, are projected to impede market expansion.
By organization size, the SMEs to grow at a higher CAGR during the forecast period
The identity verification industry is segmented into two segments based on organization size: large enterprises and SMEs. SMEs consider identity verification software as a straightforward, intuitive, cost-effective, hassle-free, and secure option to suit their expanding demands and since they are much more prone to cyber fraud they seem to be eager to implement identity verification solutions in order to protect their assets, time, money, and resources. Apart from this, governments are also taking initiatives to promote the adoption of identity verification solutions in SMEs in their respective countries. Digital transformation projects are being prioritized by SMEs. For instance, the European DIGITAL SME Alliance campaign encourages the adoption of digital solutions by SMEs. Such initiatives could encourage small businesses to adopt identity verification technologies Thus the SME segment has the highest CAGR in the forecasted period.
By deployment mode, the on-premises segment accounts for the largest market size during the forecast period.
The identity verification market can be segmented into on-premises and cloud on the basis of deployment mode. On-premises identity verification is gaining popularity because of certain factors including internet penetration, accessibility, online documentation, the need for security requirements, and in-house hosting options. On-premises identity verification software is essential to safeguard private and sensitive information and manage information workflow inside the firm.
The adoption of on-premises solutions is projected to remain high where user credentials are critical for business operations as they can control systems. Also, the on-premises deployment strategy as compared to the cloud offers beneficial solutions without monthly charges. These factors are driving the growth of this segment. Apart from this, as employees are working from home, organizations of all types are focusing on protecting their networks from identity fraud threats by extending the capabilities of their on-premises. Flexibility, guaranteed resource availability, strong security, and regulatory compliance are major benefits for organizations that are operating their IT systems through the on-premises deployment model. Thus, the on-premises segment has the largest market share during the forecasted period.
By application, access control and user monitoring to grow at the highest CAGR during the forecast period
The application offering of the identity verification market includes access control and user monitoring, KYC, KYB & onboarding, and identity fraud compliance and forensics. The demand for access control and user monitoring apps is anticipated to increase due to the growing concern for safety and the frequency of security events. At present, contactless biometrics systems are currently being used for access control applications by businesses and organizations from a variety of sectors, including banking and finance, healthcare, government, agriculture, travel and immigration, and hospitality and by different nations, including the UK, Dubai, Australia, and Germany, to enhance access control and offer a practical immigration solution. By confirming multiple login credentials, such as usernames and passwords, PINS, biometric scans, and security tokens, access control can identify people.
Currently, Access control and user monitoring applications are advancing quickly, allowing airports to authenticate identities using facial recognition and expedite security checks for travellers. Thus, these applications have the highest CAGR during the forecasted period.
Breakdown of primaries:
In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the identity verification market.
• By company type: Tier 1: 40%, Tier 2: 35%, and Tier 3: 25%
• By designation: C-level: 45%, Directors: 30%, and others: 25%
• By region: North America: 35%, APAC: 30%, Europe: 20%, Rest of the World (RoW): 15%
Major vendors in the global identity verification market include Experian (Ireland), LexisNexis Risk Solutions (US), Equifax (US), Thales (France), GBG (UK), TransUnion (US), Mastercard (US), Onfido (UK), Trulioo (Canada), Acuant (US), Mitek Systems (US), IDEMIA (France), Jumio (US), HyperVerge (India), AU10TIX (Israel), Innovatrics (Slovakia), Intellicheck (US), Signicat (Norway), SecureKey Technologies (Canada), IDfy (India), IDMERIT (US), Veriff (Estonia), AuthenticID (US), TruNarrative (UK), Sumsub (UK), IDology (US), PassFort (UK), PXL Vision (Switzerland), Shufti Pro (UK), iDenfy (Lithuania), Berbix (US), Persona (US), Ekata (US), and HooYu (UK).
The study includes an in-depth competitive analysis of the key players in the identity verification market, their company profiles, recent developments, and key market strategies.
Research Coverage
The report segments the identity verification market and forecasts its size by By component (solutions and services), type (biometric and non-biometric), application(access control and user monitoring, KYC, KYB, and onboarding, identity fraud compliance and forensics), organization size (large enterprises and SMEs), deployment mode (cloud and on-premises), vertical (BFSI, retail and eCommerce, government and defense, healthcare and life sciences, IT and ITeS, telecom, energy and utilities, education, gaming and gambling, and others), and region (North America, Europe, Middle East & Africa, Asia Pacific, and Latin America).
The study also includes an in-depth competitive analysis of the market’s key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.
Key benefits of buying report
The report will help the market leaders/new entrants in this market with information on the closest approximations of the revenue numbers for the overall identity verification market and the subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.
目次
1 INTRODUCTION 56
1.1 STUDY OBJECTIVES 56
1.2 MARKET DEFINITION 56
1.2.1 INCLUSIONS AND EXCLUSIONS 57
1.3 MARKET SCOPE 57
1.3.1 MARKET SEGMENTATION 58
1.3.2 REGIONS COVERED 58
1.3.3 YEARS CONSIDERED 59
1.4 CURRENCY CONSIDERED 59
TABLE 1 USD EXCHANGE RATES, 2018–2021 59
1.5 STAKEHOLDERS 60
1.6 SUMMARY OF CHANGES 60
2 RESEARCH METHODOLOGY 61
2.1 RESEARCH DATA 61
FIGURE 1 IDENTITY VERIFICATION MARKET: RESEARCH DESIGN 62
2.1.1 SECONDARY DATA 62
2.1.2 PRIMARY DATA 63
2.1.2.1 Breakup of primary profiles 63
2.1.2.2 Key industry insights 64
2.2 DATA TRIANGULATION 65
2.3 MARKET SIZE ESTIMATION 66
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 1 (SUPPLY SIDE): REVENUE FROM SOLUTIONS/SERVICES OF IDENTITY VERIFICATION VENDORS 66
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 2, BOTTOM-UP APPROACH (SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS AND SERVICES OF IDENTITY VERIFICATION VENDORS 66
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY—APPROACH 3, TOP-DOWN APPROACH – DEMAND-SIDE ANALYSIS 67
2.4 MARKET FORECAST 67
TABLE 2 FACTOR ANALYSIS 67
2.5 RECESSION IMPACT AND RESEARCH ASSUMPTIONS 68
2.5.1 RECESSION IMPACT 68
2.5.2 RESEARCH ASSUMPTIONS 68
2.6 LIMITATIONS 69
FIGURE 5 LIMITATIONS OF IDENTITY VERIFICATION MARKET 69
3 EXECUTIVE SUMMARY 70
TABLE 3 IDENTITY VERIFICATION MARKET AND GROWTH RATE, 2016–2021 (USD MILLION, Y-O-Y %) 71
TABLE 4 IDENTITY VERIFICATION MARKET AND GROWTH RATE, 2022–2027 (USD MILLION, Y-O-Y %) 71
FIGURE 6 GLOBAL IDENTITY VERIFICATION MARKET SIZE AND Y-O-Y GROWTH RATE 72
FIGURE 7 MARKET SHARE OF SEGMENTS WITH HIGH GROWTH RATES DURING FORECAST PERIOD 72
FIGURE 8 NORTH AMERICA TO ACCOUNT FOR LARGEST SHARE IN 2022 73
4 PREMIUM INSIGHTS 74
4.1 ATTRACTIVE OPPORTUNITIES IN IDENTITY VERIFICATION MARKET 74
FIGURE 9 INCREASING INSTANCES OF IDENTITY FRAUD, RISING STRINGENT REGULATIONS, AND GROWING ADOPTION OF IOT AND CLOUD TRENDS TO DRIVE MARKET GROWTH 74
4.2 IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022 74
FIGURE 10 SOLUTIONS SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE DURING FORECAST PERIOD 74
4.3 IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022 75
FIGURE 11 ON-PREMISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2022 75
4.4 IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022 75
FIGURE 12 LARGE ENTERPRISES SEGMENT TO ACCOUNT FOR LARGER MARKET SHARE IN 2021 75
4.5 IDENTITY VERIFICATION MARKET SHARE OF TOP THREE VERTICALS AND REGIONS 76
FIGURE 13 BANKING, FINANCIAL SERVICES, AND INSURANCE AND NORTH AMERICA TO ACCOUNT FOR LARGEST MARKET SHARES IN 2022 76
4.6 IDENTITY VERIFICATION MARKET INVESTMENT SCENARIO, BY REGION 76
FIGURE 14 ASIA PACIFIC TO EMERGE AS BEST MARKET FOR INVESTMENTS IN NEXT FIVE YEARS 76
5 MARKET OVERVIEW AND INDUSTRY TRENDS 77
5.1 INTRODUCTION 77
5.2 MARKET DYNAMICS 77
FIGURE 15 IDENTITY VERIFICATION MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES 77
5.2.1 DRIVERS 78
5.2.1.1 Rising occurrences of identity theft and increasing frauds 78
5.2.1.2 Stringent government regulations and mandates concerning privacy 78
5.2.1.3 Growing digitalization initiatives 79
5.2.2 RESTRAINTS 79
5.2.2.1 Lack of technical expertise and requirement for security awareness and training 79
5.2.2.2 Higher implementation costs and maintenance 79
5.2.3 OPPORTUNITIES 80
5.2.3.1 Adopting biometric devices in identity verification systems 80
5.2.3.2 Proliferation of advanced technologies in identity verification 80
5.2.4 CHALLENGES 80
5.2.4.1 Disparities in cost of several identity verification solutions 80
5.2.4.2 Privacy and data breach challenges 81
5.3 CASE STUDY ANALYSIS 81
5.3.1 CASE STUDY 1: ELECTRONIC IDENTIFICATION’S VIDEO IDENTIFICATION SOLUTION HELPED IN ACCOUNT OPENING PROCESS 81
5.3.2 CASE STUDY 2: VERIFF DELIVERED AI-POWERED IDENTITY VERIFICATION SOLUTION FOR CERTIFIC CUSTOMERS 82
5.3.3 CASE STUDY 3: IDENFY’S AUTOMATED ID VERIFICATION SOLUTION TO ENHANCE EXPERIENCE FOR ITCS TRADE CUSTOMERS 82
5.4 VALUE CHAIN ANALYSIS 83
FIGURE 16 VALUE CHAIN ANALYSIS: IDENTITY VERIFICATION MARKET 83
5.5 ECOSYSTEM ANALYSIS 84
FIGURE 17 IDENTITY VERIFICATION MARKET: ECOSYSTEM 84
5.6 PORTER’S FIVE FORCES ANALYSIS 85
FIGURE 18 PORTER’S FIVE FORCES ANALYSIS 85
TABLE 5 PORTER’S FIVE FORCES ANALYSIS 85
5.6.1 THREAT OF NEW ENTRANTS 86
5.6.2 THREAT OF SUBSTITUTES 86
5.6.3 BARGAINING POWER OF SUPPLIERS 86
5.6.4 BARGAINING POWER OF BUYERS 86
5.6.5 COMPETITIVE RIVALRY WITHIN THE INDUSTRY 86
5.7 PRICING ANALYSIS 87
TABLE 6 IDENTITY VERIFICATION MARKET: PRICING LEVELS 87
5.8 TECHNOLOGY ANALYSIS 88
5.8.1 DIGITAL ID VERIFICATION AND ID VERIFICATION SOFTWARE AND APPS 88
5.8.2 MOBILE ID VERIFICATION 88
5.8.3 BIOMETRICS 89
5.8.3.1 Facial recognition 89
5.8.3.2 Finger-vein recognition 89
5.8.3.3 Voice recognition 90
5.8.4 OPTICAL CHARACTER RECOGNITION 90
5.8.5 LIVENESS DETECTION 90
5.9 PATENT ANALYSIS 91
TABLE 7 IDENTITY VERIFICATION MARKET: PATENTS 91
FIGURE 19 TOP 10 COMPANIES WITH HIGHEST NUMBER OF PATENTS 92
FIGURE 20 PATENTS PUBLISHED, YEAR-WISE 92
FIGURE 21 TOP PATENTS BY JURISDICTION 92
5.10 TRENDS AND DISRUPTIONS IMPACTING BUYERS 93
FIGURE 22 TRENDS AND DISRUPTIONS IMPACTING BUYERS 93
5.11 TARIFF AND REGULATORY LANDSCAPE 94
5.11.1 INTRODUCTION 94
5.11.2 PAYMENT CARD INDUSTRY DATA SECURITY STANDARD 94
5.11.3 PAYMENT SERVICES DIRECTIVE 2 94
5.11.4 ELECTRONIC IDENTIFICATION, AUTHENTICATION, AND TRUST SERVICES 94
5.11.5 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION STANDARD 27001 95
5.11.6 FEDERAL INFORMATION PROCESSING STANDARDS 95
5.11.7 GRAMM-LEACH-BLILEY ACT OF 1999 95
5.11.8 EUROPEAN UNION GENERAL DATA PROTECTION REGULATION 95
5.11.9 SERVICE ORGANIZATION CONTROL 2 COMPLIANCE 96
5.11.10 HIPAA COMPLIANCE 96
5.11.11 KNOW YOUR CUSTOMER 96
5.11.12 ANTI-MONEY LAUNDERING 96
5.12 KEY STAKEHOLDERS AND BUYING CRITERIA 97
5.12.1 KEY STAKEHOLDERS IN BUYING PROCESS 97
FIGURE 23 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%) 97
TABLE 8 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS (%) 97
5.13 KEY CONFERENCES AND EVENTS, 2022 98
TABLE 9 DETAILED LIST OF CONFERENCES AND EVENTS, 2022 98
6 IDENTITY VERIFICATION MARKET, BY COMPONENT 99
6.1 INTRODUCTION 100
FIGURE 24 SOLUTIONS SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 100
TABLE 10 IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 100
TABLE 11 IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 100
6.1.1 COMPONENTS: IDENTITY VERIFICATION MARKET DRIVERS 101
6.2 SOLUTIONS 101
6.2.1 ADVANCED BIOMETRICS VERIFICATION TO BOOST MARKET 101
TABLE 12 SOLUTIONS: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 102
TABLE 13 SOLUTIONS: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 102
TABLE 14 DOCUMENT VERIFICATION MARKET, BY REGION, 2018–2026 (USD MILLION) 103
6.3 SERVICES 103
6.3.1 SIGNIFICANT GROWTH IN CREDIT MONITORING SERVICES TO BOOST MARKET 103
TABLE 15 SERVICES: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 103
TABLE 16 SERVICES: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 104
7 IDENTITY VERIFICATION MARKET, BY TYPE 105
7.1 INTRODUCTION 106
FIGURE 25 BIOMETRICS SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 106
TABLE 17 IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 106
TABLE 18 IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 106
7.1.1 TYPES: IDENTITY VERIFICATION MARKET DRIVERS 107
7.2 BIOMETRICS 107
7.2.1 GROWING NEED TO USE FIDO ALLIANCE FRAMEWORK 107
TABLE 19 BIOMETRICS: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 107
TABLE 20 BIOMETRICS: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 108
7.3 NON-BIOMETRICS 108
7.3.1 NEED FOR PROCESS AUTOMATION IN DOCUMENT VERIFICATION TECHNIQUES 108
TABLE 21 NON-BIOMETRICS: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 108
TABLE 22 NON-BIOMETRICS: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 109
8 IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE 110
8.1 INTRODUCTION 111
FIGURE 26 LARGE ENTERPRISES SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 111
TABLE 23 IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 111
TABLE 24 IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 112
8.1.1 ORGANIZATION SIZE: IDENTITY VERIFICATION MARKET DRIVERS 112
8.2 LARGE ENTERPRISES 112
8.2.1 RISING CONCERNS ABOUT REGULATORY COMPLIANCE IN LARGE COMPANIES 112
TABLE 25 LARGE ENTERPRISES: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 113
TABLE 26 LARGE ENTERPRISES: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 113
8.3 SMALL AND MEDIUM-SIZED ENTERPRISES 113
8.3.1 FLEXIBILITY AND AFFORDABILITY TO BOOST SALES 113
TABLE 27 SMALL AND MEDIUM-SIZED ENTERPRISES: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 114
TABLE 28 SMALL AND MEDIUM-SIZED ENTERPRISES: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 114
9 IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE 115
9.1 INTRODUCTION 116
FIGURE 27 ON-PREMISES SEGMENT TO HOLD LARGER MARKET SIZE DURING FORECAST PERIOD 116
TABLE 29 IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 116
TABLE 30 IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 117
9.1.1 DEPLOYMENT MODES: IDENTITY VERIFICATION MARKET DRIVERS 117
9.2 CLOUD 118
9.2.1 COST OPTIMIZATION, SCALABILITY, AND FLEXIBILITY OF CLOUD DEPLOYMENT TO DRIVE DEMAND 118
TABLE 31 CLOUD: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 118
TABLE 32 CLOUD: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 118
9.3 ON-PREMISES 119
9.3.1 CUSTOMIZATION OF ON-PREMISES SOLUTION DEPLOYMENT TO BOOST DEMAND 119
TABLE 33 ON-PREMISES: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 119
TABLE 34 ON-PREMISES: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 119
10 IDENTITY VERIFICATION MARKET, BY APPLICATION 120
10.1 INTRODUCTION 121
FIGURE 28 KYC, KYB, AND ONBOARDING SEGMENT TO HOLD LARGEST MARKET SIZE DURING FORECAST PERIOD 121
TABLE 35 IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 121
TABLE 36 IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 122
10.1.1 APPLICATIONS: IDENTITY VERIFICATION MARKET DRIVERS 122
10.2 ACCESS CONTROL AND USER MONITORING 122
10.2.1 GROWING NEED FOR ACCESS CONTROL ACROSS TOURISM AND HOSPITALITY VERTICAL TO DRIVE MARKET 122
TABLE 37 ACCESS CONTROL AND USER MONITORING: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 123
TABLE 38 ACCESS CONTROL AND USER MONITORING: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 123
10.3 KNOW YOUR CUSTOMER, KNOW YOUR BUSINESS, AND ONBOARDING 123
10.3.1 RISING CONCERNS REGARDING IDENTITY THEFT AND BUSINESS FRAUD TO DRIVE GROWTH 123
TABLE 39 KNOW YOUR CUSTOMER, KNOW YOUR BUSINESS, AND ONBOARDING: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 124
TABLE 40 KNOW YOUR CUSTOMER, KNOW YOUR BUSINESS, AND ONBOARDING: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 124
10.4 IDENTITY FRAUD COMPLIANCE AND FORENSICS 124
10.4.1 CREDIT MONITORING AND BEHAVIORAL BIOMETRICS TO DRIVE SEGMENT 124
TABLE 41 IDENTITY FRAUD COMPLIANCE AND FORENSICS: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 125
TABLE 42 IDENTITY FRAUD COMPLIANCE AND FORENSICS: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 125
11 IDENTITY VERIFICATION MARKET, BY VERTICAL 126
11.1 INTRODUCTION 127
FIGURE 29 BANKING, FINANCIAL SERVICES, AND INSURANCE VERTICAL TO ACCOUNT FOR LARGEST MARKET SIZE DURING FORECAST PERIOD 127
TABLE 43 IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 128
TABLE 44 IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 128
11.1.1 VERTICALS: IDENTITY VERIFICATION MARKET DRIVERS 129
11.2 BANKING, FINANCIAL SERVICES, AND INSURANCE 129
11.2.1 RISING DEMAND FOR IDENTITY VERIFICATION SERVICES IN BANKING COMPANIES TO DRIVE MARKET 129
TABLE 45 BANKING, FINANCIAL SERVICES, AND INSURANCE: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 130
TABLE 46 BANKING, FINANCIAL SERVICES, AND INSURANCE: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 130
11.3 RETAIL AND ECOMMERCE 131
11.3.1 AUTOMATION ACROSS RETAIL CHANNELS TO CURB THEFT TO BOOST GROWTH 131
TABLE 47 RETAIL AND ECOMMERCE: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 131
TABLE 48 RETAIL AND ECOMMERCE: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 131
11.4 GOVERNMENT AND DEFENSE 132
11.4.1 GROWING DEMAND FOR ACCESS CONTROL SYSTEMS ACROSS GOVERNMENT AGENCIES TO DRIVE GROWTH 132
TABLE 49 GOVERNMENT AND DEFENSE: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 132
TABLE 50 GOVERNMENT AND DEFENSE: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 133
11.5 HEALTHCARE AND LIFE SCIENCES 133
11.5.1 BIOMETRICS VERIFICATION AND USER MONITORING TO DRIVE SEGMENT 133
TABLE 51 HEALTHCARE AND LIFE SCIENCES: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 133
TABLE 52 HEALTHCARE AND LIFE SCIENCES: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 134
11.6 INFORMATION TECHNOLOGY AND INFORMATION TECHNOLOGY-ENABLED SERVICES 134
11.6.1 GROWING CONCERNS OF IDENTITY THEFT, FRAUD, AND COMPLIANCE TO PROPEL MARKET 134
TABLE 53 INFORMATION TECHNOLOGY AND INFORMATION TECHNOLOGY-ENABLED SERVICES: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 134
TABLE 54 INFORMATION TECHNOLOGY AND INFORMATION TECHNOLOGY-ENABLED SERVICES: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 135
11.7 TELECOM 135
11.7.1 AUTOMATION IN AGE, ADDRESS, AND DOCUMENT VERIFICATION TECHNIQUES TO DRIVE GROWTH 135
TABLE 55 TELECOM: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 135
TABLE 56 TELECOM: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 136
11.8 ENERGY AND UTILITIES 136
11.8.1 PROTECTION OF SENSITIVE INFORMATION AND CRITICAL INFRASTRUCTURE TO PROPEL GROWTH 136
TABLE 57 ENERGY AND UTILITIES: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 136
TABLE 58 ENERGY AND UTILITIES: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 137
11.9 EDUCATION 137
11.9.1 UPGRADES TO INFRASTRUCTURE TO ELIMINATE ID THEFT AND CURB FRAUD TO DRIVE MARKET 137
TABLE 59 EDUCATION: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 137
TABLE 60 EDUCATION: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 138
11.10 GAMING AND GAMBLING 138
11.10.1 HIGH REGULATORY CONCERNS ACROSS ONLINE GAMBLING 138
TABLE 61 GAMING AND GAMBLING: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 138
TABLE 62 GAMING AND GAMBLING: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 139
11.11 OTHER VERTICALS 139
TABLE 63 OTHER VERTICALS: IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 139
TABLE 64 OTHER VERTICALS: IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 140
12 IDENTITY VERIFICATION MARKET, BY REGION 141
12.1 INTRODUCTION 142
FIGURE 30 ASIA PACIFIC TO GROW AT HIGHEST CAGR BY 2027 142
TABLE 65 IDENTITY VERIFICATION MARKET, BY REGION, 2016–2021 (USD MILLION) 143
TABLE 66 IDENTITY VERIFICATION MARKET, BY REGION, 2022–2027 (USD MILLION) 143
12.2 NORTH AMERICA 143
12.2.1 NORTH AMERICA: IDENTITY VERIFICATION MARKET DRIVERS 144
12.2.2 NORTH AMERICA: RECESSION DRIVERS 144
12.2.3 NORTH AMERICA: REGULATORY LANDSCAPE 145
FIGURE 31 NORTH AMERICA: MARKET SNAPSHOT 146
TABLE 67 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 146
TABLE 68 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 147
TABLE 69 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 147
TABLE 70 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 147
TABLE 71 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 147
TABLE 72 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 148
TABLE 73 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 148
TABLE 74 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 148
TABLE 75 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 148
TABLE 76 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 149
TABLE 77 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 149
TABLE 78 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 150
TABLE 79 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2016–2021 (USD MILLION) 150
TABLE 80 NORTH AMERICA: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 150
12.2.4 US 151
12.2.4.1 Technological advancements with presence of key vendors offering identity verification solutions 151
TABLE 81 US: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 151
TABLE 82 US: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 151
TABLE 83 US: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 152
TABLE 84 US: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 152
TABLE 85 US: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 152
TABLE 86 US: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 152
TABLE 87 US: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 153
TABLE 88 US: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 153
TABLE 89 US: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 153
TABLE 90 US: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 153
TABLE 91 US: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 154
TABLE 92 US: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 154
12.2.5 CANADA 155
12.2.5.1 Rise in identity fraud and technology expansion 155
TABLE 93 CANADA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 155
TABLE 94 CANADA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 155
TABLE 95 CANADA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 156
TABLE 96 CANADA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 156
TABLE 97 CANADA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 156
TABLE 98 CANADA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 156
TABLE 99 CANADA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 157
TABLE 100 CANADA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 157
TABLE 101 CANADA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 157
TABLE 102 CANADA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 157
TABLE 103 CANADA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 158
TABLE 104 CANADA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 158
12.3 EUROPE 159
12.3.1 EUROPE: IDENTITY VERIFICATION MARKET DRIVERS 159
12.3.2 EUROPE: RECESSION DRIVERS 160
12.3.3 EUROPE: REGULATORY LANDSCAPE 160
TABLE 105 EUROPE: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 161
TABLE 106 EUROPE: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 161
TABLE 107 EUROPE: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 161
TABLE 108 EUROPE: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 161
TABLE 109 EUROPE: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 162
TABLE 110 EUROPE: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 162
TABLE 111 EUROPE: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 162
TABLE 112 EUROPE: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 162
TABLE 113 EUROPE: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 163
TABLE 114 EUROPE: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 163
TABLE 115 EUROPE: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 163
TABLE 116 EUROPE: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 164
TABLE 117 EUROPE: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2016–2021 (USD MILLION) 164
TABLE 118 EUROPE: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 165
12.3.4 UK 165
12.3.4.1 Strict regulations and government initiatives 165
TABLE 119 UK: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 166
TABLE 120 UK: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 166
TABLE 121 UK: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 166
TABLE 122 UK: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 166
TABLE 123 UK: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 167
TABLE 124 UK: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 167
TABLE 125 UK: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 167
TABLE 126 UK: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 167
TABLE 127 UK: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 168
TABLE 128 UK: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 168
TABLE 129 UK: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 168
TABLE 130 UK: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 169
12.3.5 GERMANY 169
12.3.5.1 Robust economy and high awareness related to identity verification solutions 169
TABLE 131 GERMANY: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 170
TABLE 132 GERMANY: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 170
TABLE 133 GERMANY: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 170
TABLE 134 GERMANY: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 170
TABLE 135 GERMANY: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 171
TABLE 136 GERMANY: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 171
TABLE 137 GERMANY: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 171
TABLE 138 GERMANY: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 171
TABLE 139 GERMANY: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 172
TABLE 140 GERMANY: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 172
TABLE 141 GERMANY: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 172
TABLE 142 GERMANY: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 173
12.3.6 FRANCE 173
12.3.6.1 Government and business capacity for investment and increased digitalization 173
TABLE 143 FRANCE: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 174
TABLE 144 FRANCE: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 174
TABLE 145 FRANCE: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 174
TABLE 146 FRANCE: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 174
TABLE 147 FRANCE: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 175
TABLE 148 FRANCE: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 175
TABLE 149 FRANCE: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 175
TABLE 150 FRANCE: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 175
TABLE 151 FRANCE: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 176
TABLE 152 FRANCE: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 176
TABLE 153 FRANCE: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 176
TABLE 154 FRANCE: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 177
12.3.7 AUSTRIA 177
12.3.7.1 Use of automated identification techniques to boost AI-based digital verification 177
TABLE 155 AUSTRIA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 178
TABLE 156 AUSTRIA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 178
TABLE 157 AUSTRIA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 178
TABLE 158 AUSTRIA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 178
TABLE 159 AUSTRIA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 179
TABLE 160 AUSTRIA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 179
TABLE 161 AUSTRIA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 179
TABLE 162 AUSTRIA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 179
TABLE 163 AUSTRIA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 180
TABLE 164 AUSTRIA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 180
TABLE 165 AUSTRIA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 180
TABLE 166 AUSTRIA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 181
12.3.8 ROMANIA 181
12.3.8.1 Adoption of advanced technology and need for identification and verification solutions 181
TABLE 167 ROMANIA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 182
TABLE 168 ROMANIA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 182
TABLE 169 ROMANIA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 182
TABLE 170 ROMANIA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 182
TABLE 171 ROMANIA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 183
TABLE 172 ROMANIA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 183
TABLE 173 ROMANIA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 183
TABLE 174 ROMANIA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 183
TABLE 175 ROMANIA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 184
TABLE 176 ROMANIA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 184
TABLE 177 ROMANIA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 184
TABLE 178 ROMANIA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 185
12.3.9 REST OF EUROPE 185
TABLE 179 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 186
TABLE 180 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 186
TABLE 181 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 186
TABLE 182 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 186
TABLE 183 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 187
TABLE 184 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 187
TABLE 185 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 187
TABLE 186 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 187
TABLE 187 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 188
TABLE 188 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 188
TABLE 189 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 188
TABLE 190 REST OF EUROPE: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 189
12.4 ASIA PACIFIC 189
12.4.1 ASIA PACIFIC: IDENTITY VERIFICATION MARKET DRIVERS 190
12.4.2 ASIA PACIFIC: RECESSION DRIVERS 190
12.4.3 ASIA PACIFIC: REGULATORY LANDSCAPE 190
FIGURE 32 ASIA PACIFIC: MARKET SNAPSHOT 191
TABLE 191 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 192
TABLE 192 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 192
TABLE 193 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 192
TABLE 194 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 192
TABLE 195 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 193
TABLE 196 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 193
TABLE 197 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 193
TABLE 198 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 193
TABLE 199 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 194
TABLE 200 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 194
TABLE 201 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 194
TABLE 202 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 195
TABLE 203 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2016–2021 (USD MILLION) 195
TABLE 204 ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 196
12.4.4 CHINA 196
12.4.4.1 Vulnerability to identity and security breaches and technological innovation 196
TABLE 205 CHINA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 197
TABLE 206 CHINA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 197
TABLE 207 CHINA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 197
TABLE 208 CHINA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 197
TABLE 209 CHINA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 198
TABLE 210 CHINA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 198
TABLE 211 CHINA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 198
TABLE 212 CHINA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 198
TABLE 213 CHINA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 199
TABLE 214 CHINA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 199
TABLE 215 CHINA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 199
TABLE 216 CHINA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 200
12.4.5 JAPAN 200
12.4.5.1 Early adopter of high-end technology 200
TABLE 217 JAPAN: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 201
TABLE 218 JAPAN: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 201
TABLE 219 JAPAN: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 201
TABLE 220 JAPAN: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 201
TABLE 221 JAPAN: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 202
TABLE 222 JAPAN: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 202
TABLE 223 JAPAN: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 202
TABLE 224 JAPAN: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 202
TABLE 225 JAPAN: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 203
TABLE 226 JAPAN: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 203
TABLE 227 JAPAN: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 203
TABLE 228 JAPAN: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 204
12.4.6 INDIA 204
12.4.6.1 Fastest developing country with rise in adoption of technology and government initiatives 204
TABLE 229 INDIA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 205
TABLE 230 INDIA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 205
TABLE 231 INDIA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 205
TABLE 232 INDIA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 205
TABLE 233 INDIA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 206
TABLE 234 INDIA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 206
TABLE 235 INDIA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 206
TABLE 236 INDIA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 206
TABLE 237 INDIA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 207
TABLE 238 INDIA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 207
TABLE 239 INDIA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 207
TABLE 240 INDIA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 208
12.4.7 AUSTRALIA AND NEW ZEALAND 208
12.4.7.1 Early adopters of security solutions and government vigilance 208
TABLE 241 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 209
TABLE 242 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 209
TABLE 243 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 209
TABLE 244 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 210
TABLE 245 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 210
TABLE 246 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 210
TABLE 247 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 210
TABLE 248 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 211
TABLE 249 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 211
TABLE 250 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 211
TABLE 251 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 212
TABLE 252 AUSTRALIA AND NEW ZEALAND: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 212
12.4.8 SINGAPORE 213
12.4.8.1 Public-private partnership and well-established IT regulatory systems to implement security solutions 213
TABLE 253 SINGAPORE: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 213
TABLE 254 SINGAPORE: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 214
TABLE 255 SINGAPORE: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 214
TABLE 256 SINGAPORE: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 214
TABLE 257 SINGAPORE: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 214
TABLE 258 SINGAPORE: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 215
TABLE 259 SINGAPORE: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 215
TABLE 260 SINGAPORE: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 215
TABLE 261 SINGAPORE: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 215
TABLE 262 SINGAPORE: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 216
TABLE 263 SINGAPORE: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 216
TABLE 264 SINGAPORE: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 217
12.4.9 PHILIPPINES 217
12.4.9.1 Growth in development and digitalization 217
TABLE 265 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 218
TABLE 266 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 218
TABLE 267 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 218
TABLE 268 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 218
TABLE 269 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 219
TABLE 270 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 219
TABLE 271 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 219
TABLE 272 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 219
TABLE 273 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 220
TABLE 274 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 220
TABLE 275 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 220
TABLE 276 PHILIPPINES: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 221
12.4.10 INDONESIA 221
12.4.10.1 Economic growth and need for protection from security breaches 221
TABLE 277 INDONESIA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 221
TABLE 278 INDONESIA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 222
TABLE 279 INDONESIA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 222
TABLE 280 INDONESIA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 222
TABLE 281 INDONESIA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 222
TABLE 282 INDONESIA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 223
TABLE 283 INDONESIA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 223
TABLE 284 INDONESIA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 223
TABLE 285 INDONESIA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 223
TABLE 286 INDONESIA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 224
TABLE 287 INDONESIA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 224
TABLE 288 INDONESIA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 225
12.4.11 REST OF ASIA PACIFIC 225
TABLE 289 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 226
TABLE 290 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 226
TABLE 291 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 226
TABLE 292 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 226
TABLE 293 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 227
TABLE 294 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 227
TABLE 295 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 227
TABLE 296 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 227
TABLE 297 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 228
TABLE 298 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 228
TABLE 299 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 228
TABLE 300 REST OF ASIA PACIFIC: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 229
12.5 MIDDLE EAST AND AFRICA 229
12.5.1 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION DRIVERS 230
12.5.2 MIDDLE EAST AND AFRICA: RECESSION DRIVERS 230
12.5.3 MIDDLE EAST AND AFRICA: REGULATORY LANDSCAPE 230
TABLE 301 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 231
TABLE 302 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 231
TABLE 303 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 231
TABLE 304 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 231
TABLE 305 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 232
TABLE 306 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 232
TABLE 307 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 232
TABLE 308 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 232
TABLE 309 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 233
TABLE 310 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 233
TABLE 311 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 233
TABLE 312 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 234
TABLE 313 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2016–2021 (USD MILLION) 234
TABLE 314 MIDDLE EAST AND AFRICA: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 234
12.5.4 MIDDLE EAST 235
12.5.4.1 Growing security concerns and stringent government mandates 235
TABLE 315 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 235
TABLE 316 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 235
TABLE 317 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 236
TABLE 318 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 236
TABLE 319 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 236
TABLE 320 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 236
TABLE 321 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 237
TABLE 322 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 237
TABLE 323 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 237
TABLE 324 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 237
TABLE 325 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 238
TABLE 326 MIDDLE EAST: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 238
12.5.5 AFRICA 239
12.5.5.1 Increase in crimes and adoption of several security solutions 239
TABLE 327 AFRICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 239
TABLE 328 AFRICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 239
TABLE 329 AFRICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 240
TABLE 330 AFRICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 240
TABLE 331 AFRICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 240
TABLE 332 AFRICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 240
TABLE 333 AFRICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 241
TABLE 334 AFRICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 241
TABLE 335 AFRICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 241
TABLE 336 AFRICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 241
TABLE 337 AFRICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 242
TABLE 338 AFRICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 242
12.6 LATIN AMERICA 243
12.6.1 LATIN AMERICA: IDENTITY VERIFICATION MARKET DRIVERS 243
12.6.2 LATIN AMERICA: RECESSION DRIVERS 243
12.6.3 LATIN AMERICA: REGULATORY LANDSCAPE 244
TABLE 339 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 244
TABLE 340 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 244
TABLE 341 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 245
TABLE 342 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 245
TABLE 343 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 245
TABLE 344 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 245
TABLE 345 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 246
TABLE 346 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 246
TABLE 347 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 246
TABLE 348 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 246
TABLE 349 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 247
TABLE 350 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 247
TABLE 351 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2016–2021 (USD MILLION) 248
TABLE 352 LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY COUNTRY, 2022–2027 (USD MILLION) 248
12.6.4 BRAZIL 248
12.6.4.1 Adoption of innovative technology and digitization 248
TABLE 353 BRAZIL: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 249
TABLE 354 BRAZIL: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 249
TABLE 355 BRAZIL: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 249
TABLE 356 BRAZIL: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 249
TABLE 357 BRAZIL: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 250
TABLE 358 BRAZIL: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 250
TABLE 359 BRAZIL: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 250
TABLE 360 BRAZIL: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 250
TABLE 361 BRAZIL: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 251
TABLE 362 BRAZIL: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 251
TABLE 363 BRAZIL: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 251
TABLE 364 BRAZIL: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 252
12.6.5 MEXICO 252
12.6.5.1 Rise in identity-related fraud and adoption of organic and inorganic development initiatives by businesses 252
TABLE 365 MEXICO: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 253
TABLE 366 MEXICO: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 253
TABLE 367 MEXICO: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 253
TABLE 368 MEXICO: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 253
TABLE 369 MEXICO: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 254
TABLE 370 MEXICO: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 254
TABLE 371 MEXICO: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 254
TABLE 372 MEXICO: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 254
TABLE 373 MEXICO: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 255
TABLE 374 MEXICO: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 255
TABLE 375 MEXICO: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 255
TABLE 376 MEXICO: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 256
12.6.6 REST OF LATIN AMERICA 256
TABLE 377 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 256
TABLE 378 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 257
TABLE 379 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2016–2021 (USD MILLION) 257
TABLE 380 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY TYPE, 2022–2027 (USD MILLION) 257
TABLE 381 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 257
TABLE 382 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 258
TABLE 383 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 258
TABLE 384 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 258
TABLE 385 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2016–2021 (USD MILLION) 258
TABLE 386 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY APPLICATION, 2022–2027 (USD MILLION) 259
TABLE 387 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 259
TABLE 388 REST OF LATIN AMERICA: IDENTITY VERIFICATION MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 260
13 COMPETITIVE LANDSCAPE 261
13.1 INTRODUCTION 261
13.2 MARKET EVALUATION FRAMEWORK 261
FIGURE 33 MARKET EVALUATION FRAMEWORK, 2019–2022 261
13.3 REVENUE SHARE ANALYSIS OF LEADING PLAYERS, 2022 262
FIGURE 34 REVENUE SHARE ANALYSIS OF IDENTITY VERIFICATION MARKET, 2022 262
13.4 MARKET SHARE ANALYSIS OF TOP MARKET PLAYERS 262
TABLE 389 IDENTITY VERIFICATION MARKET: DEGREE OF COMPETITION 262
13.5 HISTORICAL REVENUE ANALYSIS 263
FIGURE 35 SEGMENTAL REVENUE ANALYSIS OF TOP FIVE MARKET PLAYERS (USD MILLION) 263
13.6 RANKING OF KEY PLAYERS 263
FIGURE 36 RANKING OF TOP FIVE IDENTITY VERIFICATION PLAYERS, 2022 263
13.7 EVALUATION MATRIX FOR KEY PLAYERS 264
13.7.1 DEFINITIONS AND METHODOLOGY 264
FIGURE 37 EVALUATION QUADRANT FOR KEY PLAYERS: CRITERIA WEIGHTAGE 264
FIGURE 38 EVALUATION MATRIX FOR KEY PLAYERS, 2022 265
13.7.2 STARS 266
13.7.3 EMERGING LEADERS 266
13.7.4 PERVASIVE PLAYERS 266
13.7.5 PARTICIPANTS 266
13.8 COMPETITIVE BENCHMARKING 266
13.8.1 EVALUATION CRITERIA FOR KEY COMPANIES 266
TABLE 390 COMPANY VERTICAL FOOTPRINT 266
13.8.2 EVALUATION CRITERIA FOR STARTUPS 267
TABLE 391 DETAILED LIST OF STARTUPS 267
TABLE 392 STARTUP VERTICAL FOOTPRINT 268
13.9 EVALUATION MATRIX FOR STARTUPS 268
13.9.1 DEFINITIONS AND METHODOLOGY 268
FIGURE 39 EVALUATION QUADRANT FOR STARTUPS: CRITERIA WEIGHTAGE 269
FIGURE 40 EVALUATION MATRIX FOR STARTUPS, 2022 270
13.9.2 PROGRESSIVE COMPANIES 270
13.9.3 RESPONSIVE COMPANIES 270
13.9.4 DYNAMIC COMPANIES 271
13.9.5 STARTING BLOCKS 271
13.10 COMPETITIVE SCENARIO 271
13.10.1 PRODUCT/SOLUTION LAUNCHES 271
TABLE 393 IDENTITY VERIFICATION MARKET: PRODUCT/SOLUTION LAUNCHES, 2019–2022 271
13.10.2 DEALS 276
TABLE 394 IDENTITY VERIFICATION MARKET: DEALS, 2019–2022 276
14 COMPANY PROFILES 286
14.1 KEY PLAYERS 286
(Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and competitive threats)*
14.1.1 EXPERIAN 286
TABLE 395 EXPERIAN: BUSINESS OVERVIEW 286
FIGURE 41 EXPERIAN: COMPANY SNAPSHOT 287
TABLE 396 EXPERIAN: PRODUCTS/SOLUTIONS/SERVICES OFFERED 287
TABLE 397 EXPERIAN: PRODUCT LAUNCHES 288
TABLE 398 EXPERIAN: DEALS 288
14.1.2 LEXISNEXIS RISK SOLUTIONS 290
TABLE 399 LEXISNEXIS RISK SOLUTIONS: BUSINESS OVERVIEW 290
TABLE 400 LEXISNEXIS RISK SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 291
TABLE 401 LEXISNEXIS RISK SOLUTIONS: PRODUCT LAUNCHES 292
TABLE 402 LEXISNEXIS RISK SOLUTIONS: DEALS 293
14.1.3 EQUIFAX 296
TABLE 403 EQUIFAX: BUSINESS OVERVIEW 296
FIGURE 42 EQUIFAX: COMPANY SNAPSHOT 297
TABLE 404 EQUIFAX: PRODUCTS/SOLUTIONS/SERVICES OFFERED 297
TABLE 405 EQUIFAX: PRODUCT LAUNCHES 298
TABLE 406 EQUIFAX: DEALS 299
14.1.4 THALES 301
TABLE 407 THALES: BUSINESS OVERVIEW 301
FIGURE 43 THALES: COMPANY SNAPSHOT 302
TABLE 408 THALES: PRODUCTS/SOLUTIONS/SERVICES OFFERED 302
TABLE 409 THALES: PRODUCT LAUNCHES 303
TABLE 410 THALES: DEALS 304
14.1.5 GBG 307
TABLE 411 GBG: BUSINESS OVERVIEW 307
FIGURE 44 GBG: COMPANY SNAPSHOT 308
TABLE 412 GBG: PRODUCTS/SOLUTIONS/SERVICES OFFERED 308
TABLE 413 GBG: PRODUCT LAUNCHES 309
TABLE 414 GBG: DEALS 309
14.1.6 TRANSUNION 311
TABLE 415 TRANSUNION: BUSINESS OVERVIEW 311
FIGURE 45 TRANSUNION: COMPANY SNAPSHOT 312
TABLE 416 TRANSUNION: PRODUCTS/SOLUTIONS/SERVICES OFFERED 312
TABLE 417 TRANSUNION: PRODUCT LAUNCHES 313
TABLE 418 TRANSUNION: DEALS 314
14.1.7 MASTERCARD 315
TABLE 419 MASTERCARD: BUSINESS OVERVIEW 315
FIGURE 46 MASTERCARD: COMPANY SNAPSHOT 316
TABLE 420 MASTERCARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 316
TABLE 421 MASTERCARD: PRODUCT LAUNCHES 317
TABLE 422 MASTERCARD: DEALS 317
14.1.8 ONFIDO 318
TABLE 423 ONFIDO: BUSINESS OVERVIEW 318
TABLE 424 ONFIDO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 319
TABLE 425 ONFIDO: PRODUCT LAUNCHES 319
TABLE 426 ONFIDO: DEALS 320
14.1.9 TRULIOO 322
TABLE 427 TRULIOO: BUSINESS OVERVIEW 322
TABLE 428 TRULIOO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 322
TABLE 429 TRULIOO: PRODUCT LAUNCHES 323
TABLE 430 TRULIOO: DEALS 323
14.1.10 ACUANT 324
TABLE 431 ACUANT: BUSINESS OVERVIEW 324
TABLE 432 ACUANT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 324
TABLE 433 ACUANT: PRODUCT LAUNCHES 325
TABLE 434 ACUANT: DEALS 326
14.1.11 MITEK SYSTEMS 327
TABLE 435 MITEK SYSTEMS: BUSINESS OVERVIEW 327
FIGURE 47 MITEK SYSTEMS: COMPANY SNAPSHOT 327
TABLE 436 MITEK SYSTEMS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 328
TABLE 437 MITEK SYSTEMS: PRODUCT LAUNCHES 328
TABLE 438 MITEK SYSTEMS: DEALS 329
14.1.12 IDEMIA 330
TABLE 439 IDEMIA: BUSINESS OVERVIEW 330
TABLE 440 IDEMIA: PRODUCTS/SOLUTIONS/SERVICES OFFERED 330
TABLE 441 IDEMIA: PRODUCT LAUNCHES 331
TABLE 442 IDEMIA: DEALS 332
14.1.13 JUMIO 334
TABLE 443 JUMIO: BUSINESS OVERVIEW 334
TABLE 444 JUMIO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 334
TABLE 445 JUMIO: PRODUCT LAUNCHES 336
TABLE 446 JUMIO: DEALS 336
14.2 OTHER PLAYERS 338
14.2.1 HYPERVERGE 338
14.2.2 AU10TIX 339
14.2.3 INNOVATRICS 340
14.2.4 INTELLICHECK 341
14.2.5 SIGNICAT 342
14.2.6 SECUREKEY TECHNOLOGIES 343
14.2.7 IDFY 344
14.2.8 IDMERIT 345
14.2.9 VERIFF 346
14.2.10 AUTHENTICID 347
14.2.11 TRUNARRATIVE 348
14.2.12 SUMSUB 349
14.2.13 IDOLOGY 350
14.2.14 PASSFORT 351
14.2.15 PXL VISION 352
14.2.16 SHUFTI PRO 353
14.2.17 IDENFY 354
14.2.18 BERBIX 355
14.2.19 PERSONA 356
14.2.20 EKATA 357
14.2.21 HOOYU 358
*Details on Business overview, Products/Solutions/Services offered, Recent developments, MnM view, Key strengths, Strategic choices, and Weaknesses and competitive threats might not be captured in case of unlisted companies.
15 ADJACENT MARKETS 359
15.1 INTRODUCTION TO ADJACENT MARKETS 359
TABLE 447 ADJACENT MARKETS AND FORECASTS 359
15.2 LIMITATIONS 359
15.3 IDENTITY VERIFICATION MARKET ECOSYSTEM AND ADJACENT MARKETS 359
15.3.1 DIGITAL IDENTITY SOLUTIONS MARKET 360
TABLE 448 DIGITAL IDENTITY SOLUTIONS MARKET, BY IDENTITY TYPE, 2016–2021 (USD MILLION) 360
TABLE 449 DIGITAL IDENTITY SOLUTIONS MARKET, BY IDENTITY TYPE, 2022–2027 (USD MILLION) 360
TABLE 450 BIOMETRICS: DIGITAL IDENTITY SOLUTIONS MARKET, BY REGION, 2016–2021 (USD MILLION) 360
TABLE 451 BIOMETRICS: DIGITAL IDENTITY SOLUTIONS MARKET, BY REGION, 2022–2027 (USD MILLION) 361
TABLE 452 NON-BIOMETRICS: DIGITAL IDENTITY SOLUTIONS MARKET, BY REGION, 2016–2021 (USD MILLION) 361
TABLE 453 NON-BIOMETRICS: DIGITAL IDENTITY SOLUTIONS MARKET, BY REGION, 2022–2027 (USD MILLION) 361
15.3.2 ANTI-MONEY LAUNDERING MARKET 362
TABLE 454 ANTI-MONEY LAUNDERING MARKET, BY DEPLOYMENT MODE, 2016–2021 (USD MILLION) 362
TABLE 455 ANTI-MONEY LAUNDERING MARKET, BY DEPLOYMENT MODE, 2022–2027 (USD MILLION) 362
TABLE 456 ON-PREMISES ANTI-MONEY LAUNDERING MARKET, BY REGION, 2016–2021 (USD MILLION) 362
TABLE 457 ON-PREMISES ANTI-MONEY LAUNDERING MARKET, BY REGION, 2022–2027 (USD MILLION) 363
TABLE 458 CLOUD-BASED ANTI-MONEY LAUNDERING MARKET, BY REGION, 2016–2021 (USD MILLION) 363
TABLE 459 CLOUD-BASED ANTI-MONEY LAUNDERING MARKET, BY REGION, 2022–2027 (USD MILLION) 363
15.3.3 IDENTITY AND ACCESS MANAGEMENT MARKET 364
TABLE 460 IDENTITY AND ACCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2016–2021 (USD MILLION) 364
TABLE 461 IDENTITY AND ACCESS MANAGEMENT MARKET, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION) 364
TABLE 462 SMALL AND MEDIUM-SIZED ENTERPRISES: IDENTITY AND ACCESS MANAGEMENT MARKET, BY REGION, 2016–2021 (USD MILLION) 364
TABLE 463 SMALL AND MEDIUM-SIZED ENTERPRISES: IDENTITY AND ACCESS MANAGEMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 365
TABLE 464 LARGE ENTERPRISES: IDENTITY AND ACCESS MANAGEMENT MARKET, BY REGION, 2016–2021 (USD MILLION) 365
TABLE 465 LARGE ENTERPRISES: IDENTITY AND ACCESS MANAGEMENT MARKET, BY REGION, 2022–2027 (USD MILLION) 365
16 APPENDIX 366
16.1 DISCUSSION GUIDE 366
16.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 370
16.3 CUSTOMIZATION OPTIONS 372
16.4 RELATED REPORTS 372
16.5 AUTHOR DETAILS 373