Identity Verification Market is valued at USD 5.26 Billion in 2019 and expected to reach USD 14.19 Billion by 2026 with the CAGR of 15.4% over the forecast period
Identity Verification Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027– Increasing number of cyber-attacks and growing security concerns are expected to boost the growth of the Global Identity Verification Market over the forecast period.
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Scope of Global Identity Verification Market Report–
Identity Verification is the process of providing security solutions to ensure the unique identity verification and authentication of an individual. The security solutions comprise real-time physical documents such as artificial intelligence biometrics, voice recognition device and several others. The utilization of this system declines unauthorized and invasive access requests. This widely finds its application in the IT security operation centers, defense, and military sectors. However, the identity verification services are used both online and in person to verify identities. These services are used in the financial service industry, e-commerce platforms, and social networking sites, Internet forums, dating sites, and wikis to curb sock puppetry, underage signups, spamming and illegal activities like harassment, Identity fraud, and laundering. Industries that use identity verification services include financial services, digital businesses, travel and leisure, sharing economy businesses, telecom, FinTech, gaming and entertainment and others
Key Players for Identity Verification-
Some major key players for Global Identity Verification Market are Acuant, Inc., Authenteq, Gemalto N.V. (Thales Group), Idemia, Mitek systems, Inc., Experian information solutions, Inc., Jumio, LexisNexis, Onfido, Trulioo and others.
Key Benefits for Global Identity Verification Market Report–
Global Identity Verification Market report covers in depth historical and forecast analysis.
Global Identity Verification Market research report provides detail information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, Competitive Analysis, Regional and Country Level.
Global Identity Verification Market report helps to identify opportunities in market place.
Global Identity Verification Market report covers extensive analysis of emerging trends and competitive landscape.
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