Europe Identity Verification Market Trends, Demand, Opportunities and Forecast By 2028
According to Europe Identity Verification report, the global market is anticipated to witness a moderately higher growth rate during the forecast period. With the appropriate use of excellent practice models and brilliant method of research, an exceptional market report is generated which aids businesses to unearth the greatest opportunities to prosper in the market. This market report studies mounting opportunities in the market and associated influencing factors which are valuable for the businesses. Businesses can confidently rely on the information mentioned in Europe Identity Verification report as it is derived only from the valuable and genuine resources.
The identity verification market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with a CAGR of 12.5% in the forecast period of 2021 to 2028 and is expected to reach USD 6,023.74 million by 2028. Growing demand for research and development activities is acting as major factor for the growth of the market.
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Market Overview:
Identity verification refers to the services and solutions which are used to verify the authenticity of physical identity of a person or their documents such as a driver’s license, passport or a nationally issued identity document and others. Identity verification is an important process which ensures a person’s identity matches the one that is supposed to be.
Identity verification Market Country Level Analysis
The identity verification market is analysed and market size information is provided by the country, component, type, deployment mode, organization size and vertical as referenced above
The countries covered in identity verification market report are U.K., Germany, Italy, France, Spain, Belgium, Russia, Turkey, Netherlands, Switzerland, and Rest of Europe
Germany is dominating in the Europe identity verification market due to the huge presence of identity verification providers in the region, surging focus toward data protection, favourable government support and increasing emphasis toward touchless authentication.
The major players covered in the report are Experian Information Solutions, Inc. (a subsidiary of Experian plc), LexisNexis Risk Solutions Group, Thales Group, ZIGNSEC AB, GB Group plc ('GBG'), Precise Biometrics AB, Finansiell ID-Teknik BID AB, IDEMIA, Equifax, Inc., Mitek Systems, Inc., PENNEO A/S, Jumio, Acuant, Inc., TransUnion LLC, Authenteq, Onfido, ForgeRock, Okta, stripe and Ping Identity among others. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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