Identity Verification and Authentication Market Demand, Opportunities and Forecast By 2030
The realistic Identity Verification and Authentication market survey report contains thorough description, competitive scenario, wide product portfolio of key vendors and business strategy adopted by competitors along with their SWOT analysis and porter's five force analysis. The market is considerably transforming because of the moves of the key players and brands including developments, product launches, joint ventures, mergers and acquisitions that in turn changes the view of the face of ICT industry. By keeping end users at the centre point, a team of researchers, forecasters, analysts and industry experts work painstakingly to create Identity Verification and Authentication market research document.
Data Bridge Market Research analyzes that the identity verification and authentication market is expected to reach USD 30.29 billion by 2030, from USD 9.7 billion in 2022 and is expected to undergo a CAGR of 15.3% during the forecast period of 2023 to 2030. “Credit Card Fraud” dominates the components segment of the market due to demand from growing markets. Growing number of end user industries expected to influence the growth of identity verification and authentication market over the forecast period of 2023 to 2030. The rise in the data volumes across the globe is one of the major factors driving the growth of the market. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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Market Overview:
Identification verification refers to the services and products used to confirm the validity of a person's physical identity or their documentation, such as a driver's licence, passport, or another identity document that is issued nationwide. Identity verification is a crucial procedure that makes sure a person's identity corresponds to what it should.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
Some of the major players operating in the identity verification and authentication market are:
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Experian Information Solutions, Inc. (Ireland)
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G.B. Group plc (‘GBG’) (U.K.)
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Equifax, Inc. (U.S.)
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Mitek Systems, Inc. (U.S.)
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Thales (France)
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LexisNexis Risk Solutions Group. (U.S.)
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Onfido (U.K.)
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Trulioo. (Canada)
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Acuant, Inc. (U.S.)
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IDEMIA (France)
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Jumio (U.S.)
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