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Global Digital Identity Verification Market Report 2023-2028 with Competitor Leaderboard of the Top 20 ProvidersDUBLIN, Feb. 27, 2024 /PRNewswire/ -- The "Digital Identity Verification Market: 2023-2028" report has been added to ResearchAndMarkets.com's offering. The new Digital Identity Verification report presents an independent analysis of the landscape and future development of this important market. It provides a comprehensive study of the growth of digital identity verification, as well as the opportunities and challenges it presents. The research includes assessments of different types of authentication and verification in use, and their future prospects, as well as analysis of the future use of AI (Artificial Intelligence) within the market. The number of digital identity verification checks will surpass 70 billion in 2024; growing 16% on the previous year's number of 61 billion. This growth is being driven by businesses adopting stronger biometric verification methods to combat account takeover and card-not-present fraud. Biometric verification methods are highly effective against these kinds of fraud, with liveness checks being utilised to prevent spoofing. Key Features Market Landscape, Segment Analysis, Verification Types: Provides an in-depth analysis of the landscape and the key trends shaping it, such as AI and ML (machine learning) use in authentication, and a growing number of different verification strategies. It also looks at industry-specific needs and opportunities in its segment analysis, as well as including a breakdown of the predominant and emerging verification methods, such as facial recognition, and how digital identity verification must combat identity theft while maintaining user experience. Key Takeaways & Strategic Recommendations: Key opportunities for digital identity verification providers are highlighted, and recommendations on how those providers must respond to take advantage of these. The key market trends are also analysed, making this section a must-read for digital identity verification providers, and for businesses requiring the checks. Benchmark Industry Forecasts: 5-year forecasts are provided for the number of, total value of, and average cost of digital identity verification checks. These are split by banking, eGovernment, eCommerce and other, which are split between checks carried out on mobile devices and online. Key Questions Answered
This research presents a comprehensive market forecast; providing extensive insights and actionable data across the below areas, split by 8 key regions and 60 countries:
The metrics are split across the following key segments:
The research suite includes:
Key Market Statistics
The Competitor Leaderboard: Key player capability assessment of 20 digital identity verification providers, via the The Competitor Leaderboard:
For more information about this report visit https://www.researchandmarkets.com/r/k88u3j About ResearchAndMarkets.com Media Contact: Research and Markets Logo: https://mma.prnewswire.com/media/539438/Research_and_Markets_Logo.jpg View original content:https://www.prnewswire.com/news-releases/global-digital-identity-verification-market-report-2023-2028-with-competitor-leaderboard-of-the-top-20-providers-302072207.html SOURCE Research and Markets |