Middle East & Africa Identity Verification Market to 2032

Overview

The Middle East & Africa Identity Verification Market is expected to reach a 2,261.45 USD Billion by 2032 and is projected to grow at a CAGR of 18.99% from 2025 to 2032.

Revenue, 2024 (USD Billion)

923.33

Forecast, 2032 (USD Billion)

2,261.45

CAGR, 2024 - 2032

18.99%

Report Coverage

Middle East & Africa

Middle East & Africa Identity Verification Market 2018-2032 USD Billion

Middle East & Africa Identity Verification Market, Key Findings (2025-2032)

Market Growth and Projections:

Market Size (2024): 923.33 USD Billion
Projected Market Size (2032): 2,261.45 USD Billion
CAGR (2025-2032): 18.99%

Key Findings of Middle East & Africa Identity Verification Market

The Middle East & Africa Identity Verification Market was valued at 923.33 USD Billion in 2024.
The Middle East & Africa Identity Verification Market is likely to grow at a CAGR of 18.99% during the forecast period of 2024 to 2032.
In 2024, the Largest segment Solution in Component Segment accounted for the largest share of the market with a revenue of 662.19 USD Billion
The fastest growing segment Biometrics in Type Segment grew Fastest with a CAGR of 20.90% during the forecast period from 2024 to 2032.

Middle East & Africa Identity Verification Market Scope

Middle East & Africa Identity Verification Market Segmentation & Scope

Vertical

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

Component

Services
Solution

Deployment Mode

Cloud
On-Premise

Type

Non-Biometrics
Biometrics

Organization Size

SMEs
Large Enteprises

Middle East & Africa Identity Verification Market Data Coverage Insights

Study Period	2024-2032
Base Year	2020
Unit	Revenue in USD Billion
Market Value in 2024	923.33 USD Billion
Market Value in 2032	2,261.45 USD Billion
CAGR (2025-2032)	18.99%
Historic Data	2016-2023
Market Segments Covered	Vertical,Component,Deployment Mode,Type ,Organization Size

Regional Insights:

Leading Market (2024-2032): Middle East & Africa, leading in terms of revenue 923.33 USD Billion in 2024
- Key Country: UAE, leading in terms of revenue with value of 360.98 USD Billion in 2024.

Segments and Scope

Middle East & Africa Identity Verification Market to 2032, By Vertical
- Government and Defense is the largest segment in Middle East & Africa Identity Verification Market to 2032 with a revenue of 304.22 USD Billion in the year 2024.
- BFSI is the Fastest growing segment in Middle East & Africa Identity Verification Market to 2032 with a Growth rate of 19.77 % in forecast period 2025-2032.
Middle East & Africa Identity Verification Market to 2032, By Component
- Solution is the largest segment in Middle East & Africa Identity Verification Market to 2032 with a revenue of 662.19 USD Billion in the year 2024.
- Services is the Fastest growing segment in Middle East & Africa Identity Verification Market to 2032 with a Growth rate of 18.44 % in forecast period 2025-2032.
Middle East & Africa Identity Verification Market to 2032, By Deployment Mode
- On-Premise is the largest segment in Middle East & Africa Identity Verification Market to 2032 with a revenue of 489.64 USD Billion in the year 2024.
- Cloud is the Fastest growing segment in Middle East & Africa Identity Verification Market to 2032 with a Growth rate of 17.53 % in forecast period 2025-2032.
Middle East & Africa Identity Verification Market to 2032, By Type
- Biometrics is the largest segment in Middle East & Africa Identity Verification Market to 2032 with a revenue of 548.07 USD Billion in the year 2024.
- Biometrics is the Fastest growing segment in Middle East & Africa Identity Verification Market to 2032 with a Growth rate of 20.90 % in forecast period 2025-2032.
Middle East & Africa Identity Verification Market to 2032, By Organization Size
- Large Enteprises is the largest segment in Middle East & Africa Identity Verification Market to 2032 with a revenue of 609.77 USD Billion in the year 2024.
- SMEs is the Fastest growing segment in Middle East & Africa Identity Verification Market to 2032 with a Growth rate of 18.40 % in forecast period 2025-2032.

Middle East & Africa Identity Verification Market Company Share Analysis

Company Name
Thales
Equifax Inc.
IDEMIA
Experian Information Solutions, Inc.
LexisNexis Risk Solutions Group.

Middle East & Africa Identity Verification Market Geographical Sales Distribution, 2018-2032 USD Billion

Middle East & Africa Identity Verification Market Company Profiling

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Frequently Asked Questions

What are the primary segments covered in the Middle East & Africa Identity Verification Market?

The Middle East & Africa Identity Verification Market is segmented based on Segmentation Vertical,Component,Deployment Mode,Type ,Organization Size.

What is the current market size of the Middle East & Africa Identity Verification Market?

Middle East & Africa Identity Verification Market was valued at USD 923.33(Revenue in USD Billion) in 2020.

What is the expected growth rate of the Middle East & Africa Identity Verification Market?

Middle East & Africa Identity Verification Market is projected to grow at a CAGR of 18.99% during the forecast period of 2024 to 2032.

Which is the dominating segment in the Middle East & Africa Identity Verification Market?

The Solution segment is expected to dominate the Middle East & Africa Identity Verification Market, holding a largest market share of 662.19 USD Billion in 2024