Mercado global de verificación de identidad: tendencias de la industria y pronóstico hasta 2029

Análisis y tamaño del mercado de verificación de identidad

Muchas instituciones que operan en el ámbito digital buscan la verificación segura de la identidad debido al aumento de los documentos fraudulentos y los certificados de identidad personal falsificados. Se espera que las ventas de soluciones de verificación de identidad aumenten rápidamente en los próximos años y alcancen un valor total de 18.600 millones de dólares estadounidenses a finales de 2026.

El mercado global de verificación de identidad se valoró en USD 8.41 mil millones en 2021 y se espera que alcance los USD 26.34 mil millones para 2029, registrando una CAGR del 15,34% durante el período de pronóstico de 2022 a 2029. Además de los conocimientos del mercado, como el valor de mercado, la tasa de crecimiento, los segmentos del mercado, la cobertura geográfica, los actores del mercado y el escenario del mercado, el informe de mercado curado por el equipo de investigación de mercado de Data Bridge incluye un análisis experto en profundidad, análisis de importación/exportación, análisis de precios, análisis de consumo de producción y análisis de pestle.

Segmentación y alcance del mercado de verificación de identidad

Definición de mercado

La verificación de identidad se refiere a los servicios y productos que se utilizan para confirmar la validez de la identidad física de una persona o de su documentación, como la licencia de conducir, el pasaporte u otro documento de identidad emitido en todo el país. La verificación de identidad es un procedimiento crucial que garantiza que la identidad de una persona se corresponde con lo que debería.

Dinámica del mercado de verificación de identidad

En esta sección se aborda la comprensión de los factores impulsores del mercado, las ventajas, las oportunidades, las limitaciones y los desafíos. Todo esto se analiza en detalle a continuación:

Conductores

• La creciente digitalización en todo el mundo

Como resultado de la prevalencia de estafas relacionadas con la identidad en el mundo moderno, las organizaciones se ven presionadas a implementar medidas de seguridad estrictas. La verificación de identidad se ha convertido en un componente crucial en áreas donde se requiere una identidad verificada, como los controles fronterizos y el acceso a servicios digitales, como resultado de la creciente digitalización en los gobiernos y sectores corporativos a nivel mundial. Esto impulsará el crecimiento del mercado en dirección ascendente.

• Aumento de las preocupaciones en materia de seguridad y protección

La administración del sistema de seguridad corporativa probablemente se verá afectada significativamente por la creciente complejidad de las plataformas de información de seguridad, las herramientas y las soluciones basadas en TI. Además, el preocupante aumento de los incidentes de ciberseguridad ha aumentado la demanda de que todas las empresas implementen soluciones de seguridad integrales.

Además, factores como la creciente urbanización, la industrialización y el creciente número de usuarios finales a nivel mundial han contribuido aún más a la expansión general del mercado durante el período de pronóstico. Además, se prevé que la evolución de la Internet industrial de las cosas (IIoT) y la creciente adopción de soluciones de automatización inteligente impulsen la tasa de crecimiento del mercado.

Oportunidades

• Creciente despliegue de tecnologías avanzadas

Growing adoption of advanced technologies such as big data, cloud computing, artificial intelligence, and machine learning will positively influence market growth.  Verification services like blockchain-based identity verification are actively addressing organizations' growing cyber risks and vulnerabilities, the adoption of Bring Your Own Devices (BYOD) in organisations, Know Your Customer (KYC) and Anti-money Laundering (AML), and identity verification in healthcare.

Restraints/Challenges

• High costs and investment

High deployment and maintenance costs of the technology will impede the growth rate. Also, rising overhead costs will narrow down the scope of growth. Maximum companies provide pricing per verification, and per month and yearly basis, in which a limited number of I.D. verification checks are included. Some vendors also provide flexible pricing per verification in some cases of an annual package. The challenge lies in this different price charged by the vendors of I.D. verification. The government's lack of standardization and regulations will yet again derail the market growth rate. 

• Lack of technical expertise

Dearth of expert knowledge and technical expertise especially in the developed and developing economies and lack of skilled professionals and awareness among management level individuals will create hurdles for the market in regards to the smooth growth in the market value. Further, lack of skilled professionals in combination with low experience quotient will yet again hamper the market growth rate.

This identity verification market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the identity verification market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

COVID-19 Impact on Identity Verification Market

As a result of trends like work from home, verticals all over the world were forced to compulsorily adjust to the new digital reality following the COVID-19 outbreak (WFH). The need for stronger identity verification methods to provide stronger and reliable authentication for the employees as well as clients and grant access to them has increased with all the enterprises operating more in the digital world where cyber attackers are not leaving any stone unturned to carry out attacks, such as identity thefts and identity spoofing. Additionally, it has become even more crucial for verticals to maintain compliance with the rules in order to avoid any fines with the increase in online procedures, such as online onboarding to online transactions as a result of COVID-19.

Recent Developments

• Experian will launch its Work Report digital verification service in November 2021, giving customers the option to approve the digital sharing of their payroll data with another company. It offers connectivity to payroll data from an employer to instantly authenticate a customer's gross and net income as well as their employment status and tenure.
• In June 2020, GBG teamed with CredoLab to use GBG's digital/AI-driven risk management to quickly and confidently evaluate the creditworthiness of any Indonesian person, including the unbanked and underbanked.
• GBG and What3words partnered in December 2019 to improve location data for merchants and logistic organisations to more easily target niche customers.

Identity Verification Market Scope

The identity verification market is segmented on the basis of application, component, type, deployment mode, organization size and vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

• Credit Card Fraud
• Bank Fraud
• Phone or Utility Fraud
• Employment or Tax-related Fraud

Component

• Solutions
• Services

Type

• Non-Biometrics
• Biometrics

Deployment Type

• On-Premise
• Cloud

Organization Size

• Small and Medium-Sized Enterprises
• Large Enterprises

Vertical

• BFSI
• Government & Defense
• Energy & Utilities
• Retail & Ecommerce
• IT & Telecom
• Healthcare
• Gaming
• Others

Identity Verification Market Regional Analysis/Insights

The identity verification market is analyzed and market size insights and trends are provided by country, application, component, type, deployment mode, organization size and vertical as referenced above.

The countries covered in the identity verification market report are U.S., Canada and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).

North America dominates the identity verification market due to the increased investment on futuristic technologies and large scale presence of most technologically advanced leaders in the market. Prevalence of advanced infrastructure in in the region is another important factor determining the dominance of this region.

Asia-Pacific region is showing a promising potential and therefore, is set to grow with the highest growth rate during the forecast period. This is because of the increasing adoption of identity verifications and BYOD, expanding I.T. infrastructure and growing presence of major players in the region.

The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Identity Verification Market Share Analysis

The identity verification market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to identity verification market.

Some of the major players operating in the identity verification market are

• Experian Information Solutions, Inc. (Ireland)
• G.B. Group plc (‘GBG’) (U.K.)
• Equifax, Inc. (U.S.)
• Mitek Systems, Inc. (U.S.)
• Thales (France)
• LexisNexis Risk Solutions Group. (U.S.)
• Onfido (U.K.)
• Trulioo. (Canada)
• Acuant, Inc. (U.S.)
• IDEMIA (France)
• Jumio (U.S.)
• TransUnion LLC. (U.S.)
• AU10TIX (Israel)
• IDology. (U.S.)
• Innovatrics (Slovakia)
• Applied Recognition Corp. (Canada)
• Signicat (Norway)
• SecureKey Technologies Inc. (Canada)
• IDfy (India)

SKU-50519