Digital Identity Market Research Report by Solution, Authentication Type, Organization Size, Deployment Mode, Vertical, Region - Global Forecast to 2027 - Cumulative Impact of COVID-19

The Global Digital Identity Market size was estimated at USD 21.12 billion in 2021 and expected to reach USD 24.87 billion in 2022, and is projected to grow at a CAGR 17.92% to reach USD 56.80 billion by 2027.

Market Statistics:
The report provides market sizing and forecast across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2020 are considered as historical years, 2021 as the base year, 2022 as the estimated year, and years from 2023 to 2027 are considered as the forecast period.

Market Segmentation & Coverage:
This research report categorizes the Digital Identity to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Solution, the market was studied across Biometrics and Non-Biometrics.

Based on Authentication Type, the market was studied across Multi-Factor Authentication and Single-Factor Authentication.

Based on Organization Size, the market was studied across Large Enterprises and Small and Medium-Sized Enterprises.

Based on Deployment Mode, the market was studied across Cloud and On-Premises.

Based on Vertical, the market was studied across Banking, Financial Services, and Insurance, Energy and Utilities, Government and Defense, Healthcare, IT and Telecom, and Retail and Ecommerce.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

Cumulative Impact of COVID-19:
COVID-19 is an incomparable global public health emergency that has affected almost every industry, and the long-term effects are projected to impact the industry growth during the forecast period. Our ongoing research amplifies our research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19 considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the market.

Cumulative Impact of 2022 Russia Ukraine Conflict:
We continuously monitor and update reports on political and economic uncertainty due to the Russian invasion of Ukraine. Negative impacts are significantly foreseen globally, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on the world economy, with especially long-term harsh effects on Russia.This report uncovers the impact of demand & supply, pricing variants, strategic uptake of vendors, and recommendations for Digital Identity market considering the current update on the conflict and its global response.

Competitive Strategic Window:
The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the Digital Identity Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor’s strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Digital Identity Market, including AU10TIX, Avatier, CA Technologies, Duo Security (Cisco), Fischer International, ForgeRock, FusionAuth, GBG, HID, IBM, Idaptive, IDEMIA, Imageware Systems, Intesa, Jumio, Micro Focus, Microsoft, NEC, Okta, Omada, One Identity, Oracle, Ping Identity, RaulWalter, Refinitiv, Right-To-Win, SailPoint, Samsung SDS, Signicat AS, Smartmatic, Syntizen, Tessi, Thales Group, Verisec, and Vintegris Tech.

The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:
1. What is the market size and forecast of the Global Digital Identity Market?
2. What are the inhibiting factors and impact of COVID-19 shaping the Global Digital Identity Market during the forecast period?
3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Digital Identity Market?
4. What is the competitive strategic window for opportunities in the Global Digital Identity Market?
5. What are the technology trends and regulatory frameworks in the Global Digital Identity Market?
6. What is the market share of the leading vendors in the Global Digital Identity Market?
7. What modes and strategic moves are considered suitable for entering the Global Digital Identity Market?

1. Preface
1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology
2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights
5.1. Market Dynamics
5.1.1. Drivers
5.1.1.1. Increased instances and sophistication of identity and authentication frauds
5.1.1.2. Integration of biometrics in smartphones and workstations
5.1.1.3. Increased focus to enhance end-to-end customer experience
5.1.2. Restraints
5.1.2.1. Higher cost involved in deploying digital identity solutions
5.1.2.2. Limited information security to consumer data
5.1.3. Opportunities
5.1.3.1. Integration with AL, ML, and blockchain technologies to enhance digital identity solutions
5.1.3.2. Increased adoption of the cloud-based digital identity solutions
5.1.3.3. Increased adoption across SMEs
5.1.4. Challenges
5.1.4.1. Data privacy and security issues
5.2. Cumulative Impact of COVID-19

6. Digital Identity Market, by Solution
6.1. Introduction
6.2. Biometrics
6.3. Non-Biometrics

7. Digital Identity Market, by Authentication Type
7.1. Introduction
7.2. Multi-Factor Authentication
7.3. Single-Factor Authentication

8. Digital Identity Market, by Organization Size
8.1. Introduction
8.2. Large Enterprises
8.3. Small and Medium-Sized Enterprises

9. Digital Identity Market, by Deployment Mode
9.1. Introduction
9.2. Cloud
9.3. On-Premises

10. Digital Identity Market, by Vertical
10.1. Introduction
10.2. Banking, Financial Services, and Insurance
10.3. Energy and Utilities
10.4. Government and Defense
10.5. Healthcare
10.6. IT and Telecom
10.7. Retail and Ecommerce

11. Americas Digital Identity Market
11.1. Introduction
11.2. Argentina
11.3. Brazil
11.4. Canada
11.5. Mexico
11.6. United States

12. Asia-Pacific Digital Identity Market
12.1. Introduction
12.2. Australia
12.3. China
12.4. India
12.5. Indonesia
12.6. Japan
12.7. Malaysia
12.8. Philippines
12.9. Singapore
12.10. South Korea
12.11. Taiwan
12.12. Thailand
12.13. Vietnam

13. Europe, Middle East & Africa Digital Identity Market
13.1. Introduction
13.2. Denmark
13.3. Egypt
13.4. Finland
13.5. France
13.6. Germany
13.7. Israel
13.8. Italy
13.9. Netherlands
13.10. Nigeria
13.11. Norway
13.12. Poland
13.13. Qatar
13.14. Russia
13.15. Saudi Arabia
13.16. South Africa
13.17. Spain
13.18. Sweden
13.19. Switzerland
13.20. Turkey
13.21. United Arab Emirates
13.22. United Kingdom

14. Competitive Landscape
14.1. FPNV Positioning Matrix
14.1.1. Quadrants
14.1.2. Business Strategy
14.1.3. Product Satisfaction
14.2. Market Ranking Analysis, By Key Player
14.3. Market Share Analysis, By Key Player
14.4. Competitive Scenario
14.4.1. Merger & Acquisition
14.4.2. Agreement, Collaboration, & Partnership
14.4.3. New Product Launch & Enhancement
14.4.4. Investment & Funding
14.4.5. Award, Recognition, & Expansion

15. Company Usability Profiles
15.1. AU10TIX
15.1.1. Business Overview
15.1.2. Key Executives
15.1.3. Product & Services
15.2. Avatier
15.2.1. Business Overview
15.2.2. Key Executives
15.2.3. Product & Services
15.3. CA Technologies
15.3.1. Business Overview
15.3.2. Key Executives
15.3.3. Product & Services
15.4. Duo Security (Cisco)
15.4.1. Business Overview
15.4.2. Key Executives
15.4.3. Product & Services
15.5. Fischer International
15.5.1. Business Overview
15.5.2. Key Executives
15.5.3. Product & Services
15.6. ForgeRock
15.6.1. Business Overview
15.6.2. Key Executives
15.6.3. Product & Services
15.7. FusionAuth
15.7.1. Business Overview
15.7.2. Key Executives
15.7.3. Product & Services
15.8. GBG
15.8.1. Business Overview
15.8.2. Key Executives
15.8.3. Product & Services
15.9. HID
15.9.1. Business Overview
15.9.2. Key Executives
15.9.3. Product & Services
15.10. IBM
15.10.1. Business Overview
15.10.2. Key Executives
15.10.3. Product & Services
15.11. Idaptive
15.11.1. Business Overview
15.11.2. Key Executives
15.11.3. Product & Services
15.12. IDEMIA
15.12.1. Business Overview
15.12.2. Key Executives
15.12.3. Product & Services
15.13. Imageware Systems
15.13.1. Business Overview
15.13.2. Key Executives
15.13.3. Product & Services
15.14. Intesa
15.14.1. Business Overview
15.14.2. Key Executives
15.14.3. Product & Services
15.15. Jumio
15.15.1. Business Overview
15.15.2. Key Executives
15.15.3. Product & Services
15.16. Micro Focus
15.16.1. Business Overview
15.16.2. Key Executives
15.16.3. Product & Services
15.17. Microsoft
15.17.1. Business Overview
15.17.2. Key Executives
15.17.3. Product & Services
15.18. NEC
15.18.1. Business Overview
15.18.2. Key Executives
15.18.3. Product & Services
15.19. Okta
15.19.1. Business Overview
15.19.2. Key Executives
15.19.3. Product & Services
15.20. Omada
15.20.1. Business Overview
15.20.2. Key Executives
15.20.3. Product & Services
15.21. One Identity
15.21.1. Business Overview
15.21.2. Key Executives
15.21.3. Product & Services
15.22. Oracle
15.22.1. Business Overview
15.22.2. Key Executives
15.22.3. Product & Services
15.23. Ping Identity
15.23.1. Business Overview
15.23.2. Key Executives
15.23.3. Product & Services
15.24. RaulWalter
15.24.1. Business Overview
15.24.2. Key Executives
15.24.3. Product & Services
15.25. Refinitiv
15.25.1. Business Overview
15.25.2. Key Executives
15.25.3. Product & Services
15.26. Right-To-Win
15.26.1. Business Overview
15.26.2. Key Executives
15.26.3. Product & Services
15.27. SailPoint
15.27.1. Business Overview
15.27.2. Key Executives
15.27.3. Product & Services
15.28. Samsung SDS
15.28.1. Business Overview
15.28.2. Key Executives
15.28.3. Product & Services
15.29. Signicat AS
15.29.1. Business Overview
15.29.2. Key Executives
15.29.3. Product & Services
15.30. Smartmatic
15.30.1. Business Overview
15.30.2. Key Executives
15.30.3. Product & Services
15.31. Syntizen
15.31.1. Business Overview
15.31.2. Key Executives
15.31.3. Product & Services
15.32. Tessi
15.32.1. Business Overview
15.32.2. Key Executives
15.32.3. Product & Services
15.33. Thales Group
15.33.1. Business Overview
15.33.2. Key Executives
15.33.3. Product & Services
15.34. Verisec
15.34.1. Business Overview
15.34.2. Key Executives
15.34.3. Product & Services
15.35. Vintegris Tech
15.35.1. Business Overview
15.35.2. Key Executives
15.35.3. Product & Services

16. Appendix
16.1. Discussion Guide
16.2. License & Pricing