Identity Verification Market is forecasted to grow at 13.0% with factor such as to prevent the organization from fraudulent activities.
Identity verification market has shown an exceptional penetration in countries such as India. Growing government initiatives for verification process is boosting the growth in developed countries. In developing countries, increasing BYOD trend across enterprises, is creating opportunity for the global identity verification market.
According to Data Bridge Market Research, the market for identity verification in North America has the highest market share, followed by Europe and Asia-Pacific. Market leader is Thales Group, which accounts an estimated market share of approximately 20% to 30%, globally. The company has gained outstanding sales through its wide range of identity verification and biometric solutions.
Trends Impacting the Market
Now the question is which other regions Thales Group, IDEMIA, and Experian Information Solutions, Inc. (a subsidiary of Experian plc) are targeting? Data Bridge Market Research has estimated moderate growth in North America identity verification market and the market leaders targeting U.S., and Canada to be their next revenue pockets for 2021.
The identity verification market is becoming more competitive every year with companies such Thales Group, IDEMIA, and Experian Information Solutions Inc. (a subsidiary of Experian plc) as they are the market leaders for identity verification market. Data Bridge Market Research new reports highlight the major growth factors and opportunities in the identity verification market.
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Global identity verification market is segmented on the basis of countries into the U.S., Canada and Mexico, Germany, France, Russia, U.K., Italy, Spain, Netherlands, Belgium, Switzerland, Turkey, and Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East and Africa.
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of identity verification companies’, contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-identity-verification-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Identity Verification Market – Industry Trends and Forecast to 2028
Asia-Pacific Identity Verification Market – Industry Trends and Forecast to 2028
Europe Identity Verification Market – Industry Trends and Forecast to 2028
Middle East and Africa Identity Verification Market – Industry Trends and Forecast to 2028
North America Identity Verification Market – Industry Trends and Forecast to 2028