Digital Identity Solutions Market to Witness Excellent Revenue Growth Owing to Rapid Increase in Demand

Latest business intelligence report released on Global Digital Identity Solutions Market, covers different industry elements and growth inclinations that helps in predicting market forecast. The report allows complete assessment of current and future scenario scaling top to bottom investigation about the market size, % share of key and emerging segment, major development, and technological advancements. Also, the statistical survey elaborates detailed commentary on changing market dynamics that includes market growth drivers, roadblocks and challenges, future opportunities, and influencing trends to better understand Digital Identity Solutions market outlook.

List of Key Players Profiled in the study includes market overview, business strategies, financials, Development activities, Market Share and SWOT analysis are:

NEC (Japan)

Samsung SDS (United Kingdom)

Thales Group(France)

GBG (United Kingdom)

Telus (Canada)

IDEMIA (France)

Tessi?(France)

ForgeRock (United States)

Jumio (United States)

Refinitiv (United Kingdon)

Duo Security (Cisco) (United States)

Digital identity management solutions evolved from passwords to biometric authentication, such as fingerprint, facial recognition, retina or eye scan, handprint, and voice recognition. Digital Identity Solution help in replacing outdated point solutions with a single identity platform that supports the tools of the modern digital era, Reduce cost and complexity of identity operations while improving the overall security posture of your organization and advantage of the flexibility and pricing benefits of the new era of SaaS-delivered solutions

Key Market Trends: Increased Focus to Enhance End to End Customer Experience

Wide Adoption of Authentication Across Verticals

Opportunities: Integration of AI, ML, and Blockchain Technologies to Enhance Digital Identities

Increased Adoption of the Cloud-Based Digital Identity Solutions

Market Growth Drivers: Rising Identity and Authentication Frauds

Integration of Biometrics in Smartphones

Challenges: Threat of Privacy and Data Breach

Lack of Skilled Security Professionals

The Global Digital Identity Solutions Market segments and Market Data Break Down by Type (Biometrics, Non-biometrics), Application (Bank, Retail and Commerce, Government and Defense, Healthcare, Information Technology (IT) and Telecom, Energy and Utility, Others), Deployment Mode (Cloud, On-premises), Organization Size (Large enterprises, Small and Medium-sized Enterprises (SMEs)), Industry Vertical (Banking, Financial Services and Insurance (BFSI), Retail and eCommerce, Government and Defense, Healthcare, Information Technology (IT) and Telecom, Energy and Utility, Others), Authentication Type (Single-factor authentication, Multi-factor authentication)

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Presented By

AMA Research & Media LLP