Middle East and Africa Identity Verification Market Forecast to 2030: Key Players, Size, Share, Growth and Trends

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Data Bridge Market Research analyses that the identity verification market is expected to reach USD 1,828.77 million by 2030, which was USD 728.14 million in 2022, at a CAGR of 12.20% during the forecast period

The Middle East and Africa Identity Verification Market report employs a comprehensive approach, utilizing various steps for collecting, recording, analyzing, and interpreting market data. Key industry insights in this extensive report include a distinct analysis of market drivers and restraints, a focus on major market players such as ABC industry, detailed segmentation analysis, and competitive analysis. The report also provides an industry overview that can capture the interest of prospective investors, large corporations, and everyday users seeking the next significant opportunity or seeking to simplify their lives.
 
The winning Middle East and Africa Identity Verification Market report features a list of leading competitors, strategic industry analysis, and insights into key factors influencing the ICT industry. The facts and figures presented in this market report assist businesses in making informed decisions and planning advertising and sales strategies more effectively. Offering an overview of the ICT industry, which has gained momentum in recent years, the document systematically estimates key challenges in terms of sales, export/import, or revenue that businesses may encounter in the coming years.
 
Data Bridge Market Research analyses that the identity verification market is expected to reach USD 1,828.77 million by 2030, which was USD 728.14 million in 2022, at a CAGR of 12.20% during the forecast period. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, and pestle analysis.
 
Download Sample PDF Copy of this Report to understand structure of the complete report (Including Full TOC, Table & Figures) @ https://www.databridgemarketresearch.com/request-a-sample/?dbmr=middle-east-and-africa-identity-verification-market
 
Market Definition:
 
Identity verification is the significant process of ensuring that an individual is who they claim to be when applying for a loan, opening a bank account, or other financial procedures. Identity verification is an essential security measure in combatting new account fraud. Identity verification also plays an important role in anti-money laundering (AML) and know your customer (KYC) efforts at financial institutions that monitor and assess customer risk.
 
Some of the major players operating in the identity verification market are:
 
  • Authenteq (U.S.)
  • Ping Identity (U.S.)
  • Okta (U.S.)
  • ZignSec (Sweden)
  • PENNEO A/S (Denmark)
  • Finansiell ID-Teknik BID AB (Sweden)
  • Precise Biometrics (Sweden)
  • IDkollen, (Sweden)
  • Experian Information Solutions, Inc. (Ireland)
  • G.B. Group plc ('GBG') (U.K.)
  • Equifax, Inc. (U.S.)
  • Mitek Systems, Inc. (U.S.)
  • Thales (France)
  • LexisNexis Risk Solutions Group. (U.S.)
  • Onfido (U.K.)
  • Trulioo. (Canada)
  • Acuant, Inc. (U.S.)
  • IDEMIA (France)
  • Jumio (U.S.)
  • TransUnion LLC. (U.S.)
  • AU10TIX (Israel)
  • IDology. (U.S.)
  • Innovatrics (Slovakia)
  • Applied Recognition Corp. (Canada)
  • Signicat (Norway)
  • SecureKey Technologies Inc. (Canada)
  • IDfy (India)
 
Identity Verification Market Scope:
 
The identity verification market is segmented on the component, type, deployment mode, organization size, application, and vertical. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
 
Component:
 
  • Solution
  • Services
 
Type:
 
  • Non-Biometrics
  • Biometrics
 
Deployment Mode:
 
  • On-Premise
  • Cloud
 
Organization Size:
 
  • Large Enterprises
  • SME's
 
Application:
 
  • Access Control and User Monitoring
  • KYC, KYB and Onboarding
  • Identity Fraud Compliance and Forensics
 
Vertical:
 
  • BFSI
  • Government and Defence
  • Energy and Utilities
  • Retail and E-commerce
  • I.T. and Telecom
  • Healthcare
  • Gaming
  • Others
  • Education
  • Travel
  • Gaming
 
 
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About Data Bridge Market Research:
 
An absolute way to predict what the future holds is to understand the current trend! Data Bridge Market Research presented itself as an unconventional and neoteric market research and consulting firm with an unparalleled level of resilience and integrated approaches. We are committed to uncovering the best market opportunities and nurturing effective information for your business to thrive in the marketplace. Data Bridge strives to provide appropriate solutions to complex business challenges and initiates an effortless decision-making process. Data Bridge is a set of pure wisdom and experience that was formulated and framed in 2015 in Pune.
 
Data Bridge Market Research has more than 500 analysts working in different industries. We have served more than 40% of the Fortune 500 companies ly and have a network of more than 5,000 clients worldwide. Data Bridge is an expert in creating satisfied customers who trust our services and trust our hard work with certainty. We are pleased with our glorious 99.9% customer satisfaction rating.
 
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