The Digital Identity Market highlights Entrust, Imprivata, Inc., Suan Times Technology Co., LTD, IDEMIA, Okta, Inc., NEC Corporation, THALES, Jumio Corporation, Cisco Systems, Inc., OneLogin, Inc., Accenture PLC, RSA, Trulioo, Ping Identity, Digital authentication, CyberArk, Shanghai Pala Software Co., LTD, GB GROUP PLC as one of its leading manufacturers.

The “Digital Identity Market Size” projections for 2024–2032 indicate substantial growth across various categories, fuelled by evolving consumer demands and advancements in technology. Segment analysis highlights key industries such as technology and renewable energy as primary drivers of this expansion. Moreover, increasing industrialization and the adoption of digital technologies in regions like North America, the United States, Canada, Asia-Pacific, China, Japan, South Korea, Southeast Asia, India, and beyond are expected to create new opportunities. Companies that adapt to these trends and strategically invest in innovative solutions will be well-positioned to capitalize on future growth opportunities and achieve sustained success in the market.

Market Analysis and Insights: Global Digital Identity Market

The global Digital Identity market finds that the global Digital Identity market reached a value of USD 36692.36 million in 2023. It’s expected that the market will achieve USD 66518.8 million by 2030, exhibiting a CAGR of 8.87% during the forecast period.Digital identity is a collection of attributes and credentials that are electronically collected and stored and can uniquely identify an entity. Digital identity is an identification on the network. Its core is to prove “I am me” by providing and verifying identity information. Its main links include identity registration by identity owners, identity issuance by identity providers, identity verification by identity dependents, and management of identity information and data, all of which need to be implemented through cryptographic algorithms.In this report, based on the layout of digital identity companies and their market share, we classify companies with a market share of more than 5% as the first tier. In 2023, from the perspective of market share, THALES (Gemalto) is the top company in the market, accounting for 10.88% of the market value. THALES (Gemalto), NEC Corporation, and Okta, Inc. are the first tier companies in the market. We classify companies with a market share between 5% and 1% as the second tier, and Accenture PLC, Entrust, RSA, CyberArk, Ping Identity, and IDEMIA are the second tier companies. We classify companies with a market share of less than 1% as the third tier companies, and Jumio Corporation, GB GROUP PLC, Imprivata, Inc., Trulioo, Cisco Systems, Inc., OneLogin, Inc., Digital Certification, Shanghai Paila Software Co., Ltd., Digital Security Times Technology Co., Ltd., and other companies that are expected to enter the digital identity industry are the third tier companies.The promotion of policies and laws and regulations of various countries. In 2005, the US Congress passed the Real ID Act, which established minimum security standards for driver’s licenses and ID cards issued by each state, including the use of anti-counterfeiting technology, prevention of internal fraud, and the use of written evidence and record checks to ensure user identity. The bill is expected to be fully implemented in 2025. The European Union, South Korea, Australia and other countries have also successively issued policies and bills related to digital identity and included them in the national key development strategic planning. The introduction of policies and the improvement of laws and regulations will promote the future development of the digital identity industry.Virtual reality technologies such as Metaverse are gradually realized. Virtual reality (VR), referred to as virtual environment, is a virtual world that uses computer simulation to generate a three-dimensional space, providing users with simulated experience of vision and other senses, and enabling users to experience immersive experience through posture tracking and 3D displays. Metaverse is a 3D virtual world network focusing on social connections. This virtual environment allows users to enter an artificial virtual world through virtual reality glasses, augmented reality glasses, mobile phones, personal computers and video game consoles. The account information created when a user enters the Metaverse or VR environment belongs to the category of digital identity. The development of virtual reality technology will also promote the updating and improvement of digital identity technology.Region Overview:In 2023, North America’s digital identity market share will be 41.65%.Company Overview:THALES (Gemalto) is one of the main players in the digital identity market, with a share of 10.66% in 2024.Segmentation Overview:By type, the biometrics segment holds the largest market share in 2023.Application Overview:By application, the largest market segment is the banking, financial services and insurance segment, with a market share of 48.83% in 2023.

Major Players in Digital Identity market are:

  • Entrust
  • Imprivata, Inc.
  • Suan Times Technology Co., LTD
  • IDEMIA
  • Okta, Inc.
  • NEC Corporation
  • THALES
  • Jumio Corporation
  • Cisco Systems, Inc.
  • OneLogin, Inc.
  • Accenture PLC
  • RSA
  • Trulioo
  • Ping Identity
  • Digital authentication
  • CyberArk
  • Shanghai Pala Software Co., LTD
  • GB GROUP PLC

Digital Identity Market by Types:

  • Biometrics
  • Non-Biometrics

Digital Identity Market by Applications:

  • Banking, financial services and insurance
  • Public utilities
  • Government and defense
  • Health care
  • Others

Digital Identity Market Key Points:

Define, describe and forecast Digital Identity product market by type, application, end user and region.

  • Provide enterprise external environment analysis and PEST analysis.
  • Provide strategies for company to deal with the impact of COVID-19.
  • Provide market dynamic analysis, including market driving factors, market development constraints.
  • Provide market entry strategy analysis for new players or players who are ready to enter the market, including market segment definition, client analysis, distribution model, product messaging and positioning, and price strategy analysis.
  • Keep up with international market trends and provide analysis of the impact of the COVID-19 epidemic on major regions of the world.
  • Analyse the market opportunities of stakeholders and provide market leaders with details of the competitive landscape.

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Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast:

  • United States
  • Europe
  • China
  • Japan
  • India
  • Southeast Asia
  • Latin America
  • Middle East and Africa

Years considered for this report:

  • Historical Years: 2019-2023
  • Base Year: 2023
  • Estimated Year: 2024
  • Forecast Period: 2023-2032

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Client Focus

Does this report consider the impact of COVID-19 and the Russia-Ukraine war on the Digital Identity market?

Yes. As the COVID-19 and the Russia-Ukraine war are profoundly affecting the global supply chain relationship and raw material price system, we have definitely taken them into consideration throughout the research, and in Chapters 1.7, 2.7, 4.X.1, 7.5, 8.7, we elaborate at full length on the impact of the pandemic and the war on the Digital Identity Industry.

How do you determine the list of the key players included in the report?

With the aim of clearly revealing the competitive situation of the industry, we concretely analyze not only the leading enterprises that have a voice on a global scale, but also the regional small and medium-sized companies that play key roles and have plenty of potential growth.

What are your main data sources?

Both Primary and Secondary data sources are being used while compiling the report.

Primary sources include extensive interviews of key opinion leaders and industry experts (such as experienced front-line staff, directors, CEOs, and marketing executives), downstream distributors, as well as end-users.

Secondary sources include the research of the annual and financial reports of the top companies, public files, new journals, etc. We also cooperate with some third-party databases.

Please find a more complete list of data sources in Chapters 11.2.1 & 11.2.2.

Can I modify the scope of the report and customize it to suit my requirements?

Yes. Customized requirements of multi-dimensional, deep-level and high-quality can help our customers precisely grasp market opportunities, effortlessly confront market challenges, properly formulate market strategies and act promptly, thus to win them sufficient time and space for market competition.

Outline

Chapter 1 mainly defines the market scope and introduces the macro overview of the industry, with an executive summary of different market segments ((by type, application, region, etc.), including the definition, market size, and trend of each market segment.

Chapter 2 provides a qualitative analysis of the current status and future trends of the market. Industry Entry Barriers, market drivers, market challenges, emerging markets, consumer preference analysis, together with the impact of the COVID-19 outbreak will all be thoroughly explained.

Chapter 3 analyzes the current competitive situation of the market by providing data regarding the players, including their sales volume and revenue with corresponding market shares, price and gross margin. In addition, information about market concentration ratio, mergers, acquisitions, and expansion plans will also be covered.

Chapter 4 focuses on the regional market, presenting detailed data (i.e., sales volume, revenue, price, gross margin) of the most representative regions and countries in the world.

Chapter 5 provides the analysis of various market segments according to product types, covering sales volume, revenue along with market share and growth rate, plus the price analysis of each type.

Chapter 6 shows the breakdown data of different applications, including the consumption and revenue with market share and growth rate, with the aim of helping the readers to take a close-up look at the downstream market.

Chapter 7 provides a combination of quantitative and qualitative analyses of the market size and development trends in the next five years. The forecast information of the whole, as well as the breakdown market, offers the readers a chance to look into the future of the industry.

Chapter 8 is the analysis of the whole market industrial chain, covering key raw materials suppliers and price analysis, manufacturing cost structure analysis, alternative product analysis, also providing information on major distributors, downstream buyers, and the impact of COVID-19 pandemic.

Chapter 9 shares a list of the key players in the market, together with their basic information, product profiles, market performance (i.e., sales volume, price, revenue, gross margin), recent development, SWOT analysis, etc.

Chapter 10 is the conclusion of the report which helps the readers to sum up the main findings and points.

Chapter 11 introduces the market research methods and data sources.

Some of the key questions answered in this report:

  • What will the Digital Identity market growth rate during the forecast period?
  • Which are the key factors driving the Digital Identity market?
  • What was the size of the Digital Identity market by 2031?
  • Which region is expected to hold the highest market share in the Digital Identity market?
  • What trends, challenges and barriers will impact the development and sizing of the Global Digital Identity market?
  • What are the Digital Identity market opportunities in the global Digital Identity Industry?

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Detailed TOC of Global Digital Identity Industry Research Report

1 Market Overview

1.1 Product Definition and Market Characteristics

1.2 Global Digital Identity Market Size

1.3 Market Segmentation

1.4 Regulatory Environment

2 Industry Chain Analysis

2.1 Industry Chain Analysis

2.2 Digital Identity Raw Materials Analysis

2.2.1 Key Raw Materials Introduction

2.2.2 Key Suppliers of Raw Materials

2.3 Digital Identity Business Mode and Production Process

2.3.1 Digital Identity Business Mode Analysis

2.3.2 Production Process Analysis

2.4 Digital Identity Cost Structure Analysis

2.4.1 Manufacturing Cost Structure of Digital Identity

2.4.2 Raw Material Cost of Digital Identity

2.4.3 Labor Cost of Digital Identity

2.5 Market Channel Analysis

2.6 Major Downstream Customers Analysis

2.7 Alternative Product Analysis

3 Market Dynamics

3.1 Market Drivers

3.2 Market Constraints and Challenges

3.3 Emerging Market Trends

3.4 PESTEL Analysis

3.5 Consumer Insights Analysis

3.6 Impact of Russia and Ukraine War

4 Market Competitive Landscape

4.1 Global Digital Identity Revenue and Market Share by Manufacturer (2019-2024)

4.2 Global Digital Identity Sales Volume and Market Share by Manufacturer (2019-2024)

4.3 Global Digital Identity Price by Manufacturer (2019-2024)

4.4 Digital Identity Market Share by Company Type (Tier 1, Tier 2 and Tier 3)

4.5 Global Key Manufacturers of Digital Identity, Manufacturing Base Distribution and Headquarters

4.6 Global Key Manufacturers of Digital Identity, Product Offered and Application

4.7 Digital Identity Market Competitive Situation and Trends

4.7.1 Digital Identity Market Concentration Rate

4.7.2 Global Top 3 and Top 6 Digital Identity Players Market Share by Revenue

4.8 Industry News

4.8.1 Key Product Launch News

4.8.2 Mergers & Acquisitions, Expansion Plans

5 Global Digital Identity Market Historical Development by Geographic Region (2019-2024)

5.1 Global Market Historical Sales Volume by Geographic Region (2019-2024)

5.2 Global Digital Identity Market Historical Revenue by Geographic Region (2019-2024)

5.3 North America Market Status by Country (2019-2024)

5.3.1 North America Digital Identity Sales Volume by Country (2019-2024)

5.3.2 North America Revenue by Country (2019-2024)

5.3.3 United States Digital Identity Sales Volume, Revenue and Growth (2019-2024)

5.3.4 Canada Sales Volume, Revenue and Growth (2019-2024)

5.4 Europe Digital Identity Market Status by Country (2019-2024)

5.4.1 Europe Sales Volume by Country (2019-2024)

5.4.2 Europe Digital Identity Revenue by Country (2019-2024)

5.4.3 Germany Sales Volume, Revenue and Growth (2019-2024)

5.4.4 France Sales Volume, Revenue and Growth (2019-2024)

5.4.5 United Kingdom Sales Volume, Revenue and Growth (2019-2024)

5.4.6 Spain Sales Volume, Revenue and Growth (2019-2024)

5.4.7 Russia Sales Volume, Revenue and Growth (2019-2024)

5.4.8 Poland Sales Volume, Revenue and Growth (2019-2024)

5.5 Asia Pacific Digital Identity Market Status by Country (2019-2024)

5.5.1 Asia Pacific Sales Volume by Country (2019-2024)

5.5.2 Asia Pacific Revenue by Country (2019-2024)

5.5.3 China Sales Volume, Revenue and Growth (2019-2024)

5.5.4 Japan Sales Volume, Revenue and Growth (2019-2024)

5.5.5 South Korea Sales Volume, Revenue and Growth (2019-2024)

5.5.6 Southeast Asia Sales Volume, Revenue and Growth (2019-2024)

5.5.7 India Sales Volume, Revenue and Growth (2019-2024)

5.5.8 Australia Sales Volume, Revenue and Growth (2019-2024)

5.6 Latin America Market Status by Country (2019-2024)

5.6.1 Latin America Sales Volume by Country (2019-2024)

5.6.2 Latin America Revenue by Country (2019-2024)

5.6.3 Mexico Sales Volume, Revenue and Growth (2019-2024)

5.6.4 Brazil Sales Volume, Revenue and Growth (2019-2024)

5.7 Middle East and Africa Market Status by Country (2019-2024)

5.7.1 Middle East and Africa Sales Volume by Country (2019-2024)

5.7.2 Middle East and Africa Revenue by Country (2019-2024)

5.7.3 GCC Sales Volume, Revenue and Growth (2019-2024)

5.7.4 South Africa Sales Volume, Revenue and Growth (2019-2024)

6 Global Digital Identity Market Historical Development by Product Type (2019-2024)

6.1 Digital Identity Definition by Type

6.2 Global Digital Identity Historical Sales Volume by Product Type (2019-2024)

6.3 Global Digital Identity Historical Revenue by Product Type (2019-2024)

6.4 Global Digital Identity Historical Price by Product Type (2019-2024)

6.5 Global Historical Sales Volume, Revenue and Growth Rate by Product Type (2019-2024)

7 Global Digital Identity Market Historical Development by End User (2019-2024)

7.1 Downstream Market Overview

7.2 Global Historical Sales Volume by End User (2019-2024)

7.3 Global Historical Revenue by End User (2019-2024)

7.4 Global Historical Price by End User (2019-2024)

7.5 Global Historical Sales Volume, Revenue and Growth Rate by End User (2019-2024)

8 Leading Companies Profiles

8.1 Manufacture 1

8.1.1 Manufacture 1 Corporation Information

8.1.2 Manufacture 1 – Digital Identity Product Portfolio and Specification

8.1.3 Manufacture 1 Performance Analysis (2019-2024)

8.1.4 Manufacture 1 Business and Markets Served

8.1.5 Manufacture 1 Recent Developments

9 Global Digital Identity Market Forecast by Product Type and End User (2024-2032)

9.1 Global Digital Identity Market Forecast by Product Type (2024-2032)

9.1.1 Global Sales Volume, Revenue Forecast and Growth Rate of 185-2500nm (2024-2032)

9.1.2 Global Sales Volume, Revenue Forecast and Growth Rate of 220-2500nm (2024-2032)

9.1.3 Global Sales Volume, Revenue Forecast and Growth Rate of 260-3500nm (2024-2032)

9.2 Global Market Forecast by End User (2024-2032)

9.2.1 Global Sales Volume, Revenue Forecast and Growth Rate of Industrial (2024-2032)

9.2.2 Global Sales Volume, Revenue Forecast and Growth Rate of Aerospace (2024-2032)

9.2.3 Global Sales Volume, Revenue Forecast and Growth Rate of Others (2024-2032)

10 Global Digital Identity Market Forecast by Geographic Region (2024-2032)

10.1 Global Digital Identity Sales Volume and Revenue Forecast by Geographic Region (2024-2032)

10.2 North America Sales Volume, Revenue Forecast and Growth (2024-2032)

10.2.1 United States Sales Volume, Revenue Forecast and Growth (2024-2032)

10.2.2 Canada Sales Volume, Revenue Forecast and Growth (2024-2032)

10.3 Europe Sales Volume, Revenue Forecast and Growth (2024-2032)

10.3.1 Germany Sales Volume, Revenue Forecast and Growth (2024-2032)

10.3.2 France Sales Volume, Revenue Forecast and Growth (2024-2032)

10.3.3 United Kingdom Sales Volume, Revenue Forecast and Growth (2024-2032)

10.3.4 Spain Sales Volume, Revenue Forecast and Growth (2024-2032)

10.3.5 Russia Sales Volume, Revenue Forecast and Growth (2024-2032)

10.3.6 Poland Sales Volume, Revenue Forecast and Growth (2024-2032)

10.4 Asia Pacific Sales Volume, Revenue Forecast and Growth (2024-2032)

10.4.1 China Sales Volume, Revenue Forecast and Growth (2024-2032)

10.4.2 Japan Sales Volume, Revenue Forecast and Growth (2024-2032)

10.4.3 South Korea Sales Volume, Revenue Forecast and Growth (2024-2032)

10.4.4 Southeast Asia Sales Volume, Revenue Forecast and Growth (2024-2032)

10.4.5 India Sales Volume, Revenue Forecast and Growth (2024-2032)

10.4.6 Australia Sales Volume, Revenue Forecast and Growth (2024-2032)

10.5 Latin America Sales Volume, Revenue Forecast and Growth (2024-2032)

10.5.1 Mexico Digital Identity Sales Volume, Revenue Forecast and Growth (2024-2032)

10.5.2 Brazil Digital Identity Sales Volume, Revenue Forecast and Growth (2024-2032)

10.6 Middle East and Africa Digital Identity Sales Volume, Revenue Forecast and Growth (2024-2032)

10.6.1 GCC Digital Identity Sales Volume, Revenue Forecast and Growth (2024-2032)

10.6.2 South Africa Digital Identity Sales Volume, Revenue Forecast and Growth (2024-2032)

11 Appendix

11.1 Methodology

11.2 Research Data Source

11.2.1 Secondary Data

11.2.2 Primary Data

11.2.3 Market Size Estimation

11.2.4 Legal Disclaimer

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