According to recent findings, the Digital Identity Management Market Analysis, 2020”, the Digital Identity Management market is anticipated to grow at a CAGR of around 15% during 2021-26F.

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Digital Identity Management Overview:

The growth of the Digital Identity Management market is attributed to factors such as the burgeoning rate of cybercrime and frauds in identity and authentication, escalating integration of biometrics in smartphones, and rising focus on enhanced end-to-end customer experience. Besides these, snowballing cloud-deployment among end-user, increasing investment by the government in securing the identities of their citizen, and growing adoption of advanced technologies such as artificial intelligence (AI), machine learning (ML), and blockchain with digital identities are placing a positive impact toward the growth of the market in the forecast period.

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Digital Identity Management Segmentation Analysis:

By Components

• Solution
  • Biometrics
    • Fingerprint & Palm print Recognition
    • Iris Recognition
    • Face Recognition
    • Voice Recognition
    • Others
  • Non-Biometrics
• Security Services

By Application

• Physical Access
• Record Keeping
• Online Authentication
  • Single-Factor Authentication
  • Multi-Factor Authentication
• Digital Signature

By Deployment

• Cloud
• On-Premise

By Organization Size

• Small
• Medium
• Large

By End User

• E-Commerce and Retail
• IT & Telecom
• Healthcare
• BFSI
• Government & Transportation
• Energy & Utilities
• Others

By Region

• North America
• South America
• Europe
• Middle East & Africa
• Asia-Pacific.

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Some of the Market players in the Digital Identity Management are:

• NEC Corporation
• Samsung SDS
• Thales Group
• IDEMIA
• Tessi Group
• ForgeRock
• Jumio
• Refinitiv
• Duo Security (Cisco)
• Telus Communication Inc.
• AU10TIX Ltd.
• ImageWare Systems, Inc.
• Víntegris S.L
• Signicat AS
• Te.S.A. S.p.A. (IBM Group).

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Key Highlights of the Report – Unlock Valuable Market Insights

• Market Size, Share & Future Projections – Understand the current market dimensions and forecasted growth trajectory.
• In-Depth Pricing Analysis – Get clarity on pricing trends and cost structures across segments.
• Company Strategies & Developments – Discover recent mergers, acquisitions, partnerships, and innovations.
• Key Stakeholders & Value Chain Insights – Identify the main players and their roles within the industry ecosystem.
• Import & Export Dynamics – Analyze trade flows, regional export trends, and supply chain movements.
• Competitive Benchmarking – Gain a clear view of the leading companies and their market positioning.
• Emerging Growth Opportunities – Spot untapped areas and niche markets for potential investment.
• Market Trends & Growth Drivers – Stay ahead with insights into evolving consumer behavior and industry indicators.

Research Methodology Summary

A systematic approach is used to ensure accurate market insights, combining both bottom-up and top-down methods. Data triangulation validates findings from multiple angles.

Key Steps:

• Define objectives and research design
• Collect data through surveys and interviews
• Analyze and validate data using reliable tools
• Forecast trends and deliver actionable insights

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