MarkNtel Advisors recently published a detailed industry analysis of the Global Digital Identity Management Market. The report covers growth trends, geographical marketing strategies, challenges, opportunities, and drivers influencing the market.
Global Digital Identity Management Market, Share, and Trends Analysis Report – Industry Overview and Forecast to 2026
The Digital Identity Management Market is anticipated to grow at a CAGR of around 15% during 2021-26.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.
What are the major Opportunities the Global Digital Identity Management industry?
According to MarkNtel Advisors’ research report “Global Digital Identity Management Market Analysis, 2020”, the Global Digital Identity Management market is anticipated to grow at a CAGR of around 15% during 2021-26F. 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.
Healthcare Segment Acquired the Significant Market Share
Based on End-User, the Healthcare segment acquire a significant market share in the Global Digital Identity Management market in 2019. The robust adoption of digital identity management in medical practitioners, hospitals, laboratories, pharmacies in order to offer patients with improved, intuitive, and personalized care by addressing the security issues related to users’ credentials. Apart from this, rising demand for IDM-enabled electronic health records to assist patient care by providing timely access to patients’, burgeoning inclination toward telemedicine to help provide medical care in remote areas, and surging importance of data minimization and need for security and privacy in this area are anticipated to proliferate the growth of the Digital Identity Management market globally in the near future as revealed by the MarkNtel Advisors’ research report “Global Digital Identity Management Market Analysis, 2020”.
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What segments define the Global Digital Identity Management Market from 2021 to 2026? How do these segments contribute to market dynamics and growth?
By Components
- Solution
- Biometrics
- Fingerprint & Palm print Recognition
- Iris Recognition
- Face Recognition
- Voice Recognition
- Others
- Non-Biometrics
- 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
Explore the Complete Global Digital Identity Management Market Analysis Report – https://www.marknteladvisors.com/research-library/global-digital-identity-management.html
Geographical Analysis: Global Digital Identity Management Market
By Region
- North America
- South America
- Europe
- Asia-Pacific
- Rest of World
Global Digital Identity Management Market Share & Competitive Landscape:
The Digital Identity Management Market is characterized by intense competition, with several key players driving growth through innovation, market expansion, and strategic investments. The competitive landscape provides valuable insights into the industry’s leading companies, highlighting their strengths, financial performance, and market influence.
Leading Companies in the Global Digital Identity Management Market 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
- In.Te.S.A. S.p.A. (IBM Group)
Questions Addressed in this Study
1.What factors are driving the Global Digital Identity Management Market growth?
2.How is the Global Digital Identity Management Market expected to grow over the next five years?
3.What are the key insights into the current trends in the Global Digital Identity Management Market?
4.What is the current size of the Global Digital Identity Management Market, and how is it projected to change in the future?
6.What is the future outlook for the Global Digital Identity Management Market in terms of technological advancements and market expansion?
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Why MarkNtel Advisors?
MarkNtel Advisors is a leading research, consulting, & data analytics firm that provides an extensive range of strategic reports on diverse industry verticals. We deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, & individuals, among others.
Our specialization in niche industries informed way and entail parameters like Go-to-Market (GTM), product development, feasibility analysis, project scoping, market segmentation, competitive benchmarking, market sizing & forecasting, & trend analysis, among others, for 15 diverse industrial verticals.
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