Identity Verification Market - Top Companies and Manufacturers

  • Report ID: 3713
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Global Identity Verification Market TOC

  1. Market Definition
    1. Definition
    2. Market Segmentation
  2. Assumptions and Acronyms
  3. Research Methodology
    1. Research Process
    2. Primary Research
    3. Secondary Research
  4. Executive Summary – Global Identity Verification Market
  5. Market Dynamics
    1. Market Drivers
    2. Market Trends
  6. Key Market Opportunities
  7. Major Roadblocks for the Market Growth
  8. Regulatory and Standards Landscape
  9. Industry Risk Analysis
  10. Impact of COVID-19 on the Identity Verification Market
  11. Assessment on the Demand of Identity Verification
  12. Competitive Landscape
    1. Market Share Analysis, 2020
    2. Competitive Benchmarking
    3. Company Profiles
      1. Experian plc
      2. Mastercard International Incorporated
      3. Equifax, Inc.
      4. Mitek Systems, Inc.
      5. LexisNexis Risk Solutions Group
      6. Acuant, Inc.
      7. Onfido, Liquid Inc.
      8. Intellicheck, Inc.
      9. IDEMIA
  13. Product Feature Analysis
  14. Competitive Positioning
  15. Global Identity Verification Market 2020-2030
    1. Market Overview
    2. By Value (USD Million)
  16. Global Identity Verification Market – Segmentation Analysis 2020-2030
    1. Component Type
      1. Solutions, 2020-2030F (USD Million)
        1. Document Verification, 2020-2030F (USD Million)
        2. Identity Authentication, 2020-2030F (USD Million)
        3. Digital Identity Verification, 2020-2030F (USD Million)
        4. AML Screening and Monitoring, 2020-2030F (USD Million)
        5. Business Verification, 2020-2030F (USD Million)
        6. Others, 2020-2030F (USD Million)
      2. Services, 2020-2030F (USD Million)
        1. Professional Services, 2020-2030F (USD Million)
        2. Managed Services, 2020-2030F (USD Million)
    2. Verification Type
      1. Knowledge-Based Authentication, 2020-2030F (USD Million)
      2. SMS-Based Two Factor Authentication, 2020-2030F (USD Million)
      3. IC Chip-Based Authentication, 2020-2030F (USD Million)
      4. Database Solutions, 2020-2030F (USD Million)
      5. AL/ML-Based Authentication, 2020-2030F (USD Million)
      6. Biometric Authentication, 2020-2030F (USD Million)
      7. Others, 2020-2030F (USD Million)
    3. Deployment Type
      1. Cloud, 2020-2030F (USD Million)
      2. On-Premise, 2020-2030F (USD Million)
    4. Organization Size Type
      1. Small & Medium Enterprises, 2020-2030F (USD Million)
      2. Large Enterprises, 2020-2030F (USD Million)
    5. End-User Industry Type
      1. BFSI, 2020-2030F (USD Million)
      2. Government & Defense, 2020-2030F (USD Million)
      3. Retail, 2020-2030F (USD Million)
      4. Healthcare, 2020-2030F (USD Million)
      5. IT & Telecom, 2020-2030F (USD Million)
      6. Entertaining & Gaming, 2020-2030F (USD Million)
      7. Transportation, Logistics, & Mobility, 2020-2030F (USD Million)
      8. Energy & Utility, 2020-2030F (USD Million)
      9. Hospitality, 2020-2030F (USD Million)
      10. Others, 2020-2030F (USD Million)
    6. Region
      1. North America, 2020-2030F (USD Million)
      2. Europe, 2020-2030F (USD Million)
      3. Asia Pacific, 2020-2030F (USD Million)
      4. Latin America, 2020-2030F (USD Million)
      5. Middle East & Africa, 2020-2030F (USD Million)
    7. Cross Analysis of Identity Verification End-User Industry w.r.t. Verification Type, 2020
  17. North America Identity Verification Market
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Segmentation by:
      1. Component Type
        1. Solutions, 2020-2030F (USD Million)
          1. Document Verification, 2020-2030F (USD Million)
          2. Identity Authentication, 2020-2030F (USD Million)
          3. Digital Identity Verification, 2020-2030F (USD Million)
          4. AML Screening and Monitoring, 2020-2030F (USD Million)
          5. Business Verification, 2020-2030F (USD Million)
          6. Others, 2020-2030F (USD Million)
        2. Services, 2020-2030F (USD Million)
          1. Professional Services, 2020-2030F (USD Million)
          2. Managed Services, 2020-2030F (USD Million)
      2. Verification Type
        1. Knowledge-Based Authentication, 2020-2030F (USD Million)
        2. SMS-Based Two Factor Authentication, 2020-2030F (USD Million)
        3. IC Chip-Based Authentication, 2020-2030F (USD Million)
        4. Database Solutions, 2020-2030F (USD Million)
        5. AL/ML-Based Authentication, 2020-2030F (USD Million)
        6. Biometric Authentication, 2020-2030F (USD Million)
        7. Others, 2020-2030F (USD Million)
      3. Deployment Type
        1. Cloud, 2020-2030F (USD Million)
        2. On-Premise, 2020-2030F (USD Million)
      4. Organization Size Type
        1. Small & Medium Enterprises, 2020-2030F (USD Million)
        2. Large Enterprises, 2020-2030F (USD Million)
      5. End-User Industry Type
        1. BFSI, 2020-2030F (USD Million)
        2. Government & Defense, 2020-2030F (USD Million)
        3. Retail, 2020-2030F (USD Million)
        4. Healthcare, 2020-2030F (USD Million)
        5. IT & Telecom, 2020-2030F (USD Million)
        6. Entertaining & Gaming, 2020-2030F (USD Million)
        7. Transportation, Logistics, & Mobility, 2020-2030F (USD Million)
        8. Energy & Utility, 2020-2030F (USD Million)
        9. Hospitality, 2020-2030F (USD Million)
        10. Others, 2020-2030F (USD Million)
      6. Country
        1. United States
        2. Canada
  18. Europe Identity Verification Market
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Segmentation by:
      1. Component Type
      2. Verification Type
      3. Deployment Type
      4. Organization Size Type
      5. End-User Industry Type
      6. Country
        1. United Kingdom
        2. Germany
        3. Italy
        4. France
        5. Spain
        6. Russia
        7. Netherlands
        8. Rest of Europe
  19. Asia Pacific Identity Verification Market
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Segmentation by:
      1. Component Type
      2. Verification Type
      3. Deployment Type
      4. Organization Size Type
      5. End-User Industry Type
      6. Country
        1. China
        2. India
        3. Japan
        4. South Korea
        5. Australia
        6. Rest of Asia Pacific
  20. Latin America Identity Verification Market
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Segmentation by:
      1. Component Type
      2. Verification Type
      3. Deployment Type
      4. Organization Size Type
      5. End-User Industry Type
      6. Country
        1. Brazil
        2. Argentina
        3. Mexico
        4. Rest of Latin America
  21. Middle East & Africa Identity Verification Market
    1. Market Overview
    2. Market Value (USD Million)
    3. Market Segmentation by:
      1. Component Type
      2. Verification Type
      3. Deployment Type
      4. Organization Size Type
      5. End-User Industry Type
      6. Country
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
  22. Analyst Review

Companies Dominating the Identity Verification Landscape

    Our report has covered detailed company profiling comprising company overview, business strategies, key product offerings, financial performance, key performance indicators, risk analysis, recent developments, regional presence, and SWOT analysis among other notable indicators for competitive positioning. Some of the prominent industry leaders in the global identity verification market that are included in our report are

    • Experian plc,
      • Company Overview
      • Business Strategy
      • Key Product Offerings
      • Financial Performance
      • Key Performance Indicators
      • Risk Analysis
      • Recent Development
      • Regional Presence
      • SWOT Analysis 
    • Mastercard International Incorporated,
    • Equifax, Inc.,
    • Mitek Systems, Inc.,
    • LexisNexis Risk Solutions Group,
    • Acuant, Inc.,
    • Onfido, Liquid Inc., I
    • ntellicheck, Inc.,
    • IDEMIA, and others.

Browse Key Market Insights with Data Illustration:

In the News

  • June 1st, 2021: Mitek Systems, Inc. announced that it has acquired ID R&D, a company that provides AI-based voice and face biometrics and liveness detection. The acquisition would help Mitek to increase its capabilities for identity theft and other dangerous fraud techniques.

  • August 25th, 2021: One of the subsidiaries of RELX, LexisNexis Risk Solutions UK Limited, announced that it has acquired TruNarrative. The acquisition would help LexisNexis to expand its services for the prevention of financial crime and fraud.


Author Credits:  Abhishek Verma


  • Report ID: 3713
  • Published Date: Aug 26, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

In the year 2024, the industry size of identity verification is evaluated at USD 12.86 billion.

Identity Verification Market size was valued at USD 11.36 billion in 2023 and is set to cross USD 82.72 billion by 2036, registering more than 16.5% CAGR during the forecast period i.e., between 2024-2036. The rising incidences of identity theft and cyberattack, and the increasing initiatives by the government to promote cyber security will boost the market growth.

North America industry is anticipated to garner the largest revenue share of 38% by 2036, attributed to availability of stringent government norms and policies to reduce cybercrime activities, as well growing prevalence of identity thefts in the region.

The major players in the market are Experian plc, Mastercard International Incorporated, Equifax, Inc., Mitek Systems, Inc., LexisNexis Risk Solutions Group, and others.
Inquiry Before Buying Request Free Sample
logo
  GET A FREE SAMPLE

FREE Sample Copy includes market overview, growth trends, statistical charts & tables, forecast estimates, and much more.

 Request Free Sample Copy

Have questions before ordering this report?

Inquiry Before Buying
Inquiry Before Buying Request Free Sample