The North America Digital Identity Solutions Market would witness Market growth of 15.1% CAGR during the forecast period (2022-2028).
Accessing computers and offering services remotely with lesser cyberthreats to clients is made possible by digital identity systems. The compliance of personal data that appears in a digital form, which encompasses all biographical data of an individual to prevent unauthorized accesses is known as a digital identity solution. The solutions have various advantages, including high accuracy and compliance, minimal operational costs, improved client experience, and enhanced security.
Moreover, a rise in the adoption of cloud-based identity verification systems and an increase in the assimilation of Artificial Intelligence (AI) and Machine Learning (ML) with a digital identity solution system are anticipated to build lucrative growth opportunities in the Market over the forecast period. Large organizations are also predicted to embrace digital identification solutions more frequently due to a variety of issues, including the monitoring of access risks and risk outliers. The growing inclusion of biometrics in smartphones is a crucial element driving Market growth for digital identity solutions, and most businesses are focusing on improving customer experience.
In terms of geography, the North American area has a strong global presence, with many key Market players in the digital identification solutions Market . Furthermore, there is a greater level of awareness, and research and development investments are being made. As a result, the regional digital identification solutions industry is deemed mature and has a much simpler time adapting. This trend is expected to continue in the coming years.
According to the data shared by the Federal Trade Commission, the organization recorded more than 2.1 million reports of fraud from consumers in 2020, with imposter schemes remained the most prevalent type of fraud filed to the agency. In addition, frauds cost consumers more than $3.3 billion in 2020, up from $1.8 billion in 2019. Imposter scams resulted in about $1.2 billion in losses last year, with internet shopping accounting for around $246 million in customer losses.
The US Market dominated the North America Digital Identity Solutions Market by Country 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $16,629.6 million by 2028. The Canada Market is anticipated to grow at a CAGR of 17.7% during (2022 - 2028). Additionally, The Mexico Market would exhibit a CAGR of 16.7% during (2022 - 2028).
Based on Component, the Market is segmented into Solution (Without Services), (Biometrics and Non-Biometrics) and Services. Based on Authentication Type, the Market is segmented into Single-factor Authentication and Multi-factor Authentication. Based on Organization size, the Market is segmented into Large Enterprises and Small & Medium-sized Enterprises (SMEs). Based on Deployment Mode, the Market is segmented into On-premise and Cloud. Based on Vertical, the Market is segmented into BFSI, IT, ITeS & Telecom, Government & Defense, Healthcare, Energy & Utilities, Retail & eCommerce, and Others. Based on countries, the Market is segmented into U.S., Mexico, Canada, and Rest of North America.
Free Valuable Insights: The Global Digital Identity Solutions Market is Estimated to reach $65 Billion by 2028, at a CAGR of 16.6%
The Market research report covers the analysis of key stake holders of the Market . Key companies profiled in the report include TELUS International, Inc., Samsung SDS Co., Ltd., GB Group PLC, NEC Corporation, Thales Group S.A., OneSpan, Inc., ForgeRock, Inc., ImageWare Systems, Inc., IDEMIA SAS, and Jumio Corporation
Scope of the Study
Market Segments Covered in the Report:
By Component
- Solution (Without Services)
- Services
By Authentication Type
- Single-factor Authentication
- Multi-factor Authentication
By Organization size
- Large Enterprises
- Small & Medium-sized Enterprises (SMEs)
By Deployment Mode
By Vertical
- BFSI
- IT, ITeS & Telecom
- Government & Defense
- Healthcare
- Energy & Utilities
- Retail & eCommerce
- Others
By Country
- US
- Canada
- Mexico
- Rest of North America
Key Market Players
List of Companies Profiled in the Report:
- TELUS International, Inc.
- Samsung SDS Co., Ltd.
- GB Group PLC
- NEC Corporation
- Thales Group S.A.
- OneSpan, Inc.
- ForgeRock, Inc.
- ImageWare Systems, Inc.
- IDEMIA SAS
- Jumio Corporation
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Digital Identity Solutions Market, by Component
1.4.2 North America Digital Identity Solutions Market, by Authentication Type
1.4.3 North America Digital Identity Solutions Market, by Organization size
1.4.4 North America Digital Identity Solutions Market, by Deployment Mode
1.4.5 North America Digital Identity Solutions Market, by Vertical
1.4.6 North America Digital Identity Solutions Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Competition Analysis - Global
3.1 KBV Cardinal Matrix
3.2 Recent Industry Wide Strategic Developments
3.2.1 Partnerships, Collaborations and Agreements
3.2.2 Product Launches and Product Expansions
3.2.3 Acquisition and Mergers
3.2.4 Geographical Expansions
3.3 Top Winning Strategies
3.3.1 Key Leading Strategies: Percentage Distribution (2018-2022)
3.3.2 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Jun – 2022, Feb) Leading Players
Chapter 4. North America Digital Identity Solutions Market by Component
4.1 North America Solution (Without Services) Market by Country
4.2 North America Digital Identity Solutions Market by Solution (Without Services) Type
4.2.1 North America Biometrics Market by Country
4.2.2 North America Non-Biometrics Market by Country
4.3 North America Services Market by Country
Chapter 5. North America Digital Identity Solutions Market by Authentication Type
5.1 North America Single-factor Authentication Market by Country
5.2 North America Multi-factor Authentication Market by Country
Chapter 6. North America Digital Identity Solutions Market by Organization Size
6.1 North America Large Enterprises Market by Country
6.2 North America Small & Medium-sized Enterprises (SMEs) Market by Country
Chapter 7. North America Digital Identity Solutions Market by Deployment Mode
7.1 North America On-premise Market by Country
7.2 North America Cloud Market by Country
Chapter 8. North America Digital Identity Solutions Market by Vertical
8.1 North America BFSI Market by Country
8.2 North America IT, ITeS & Telecom Market by Country
8.3 North America Government & Defense Market by Country
8.4 North America Healthcare Market by Country
8.5 North America Energy & Utilities Market by Country
8.6 North America Retail & eCommerce Market by Country
8.7 North America Others Market by Country
Chapter 9. North America Digital Identity Solutions Market by Country
9.1 US Digital Identity Solutions Market
9.1.1 US Digital Identity Solutions Market by Component
9.1.1.1 US Digital Identity Solutions Market by Solution (Without Services) Type
9.1.2 US Digital Identity Solutions Market by Authentication Type
9.1.3 US Digital Identity Solutions Market by Organization Size
9.1.4 US Digital Identity Solutions Market by Deployment Mode
9.1.5 US Digital Identity Solutions Market by Vertical
9.2 Canada Digital Identity Solutions Market
9.2.1 Canada Digital Identity Solutions Market by Component
9.2.1.1 Canada Digital Identity Solutions Market by Solution (Without Services) Type
9.2.2 Canada Digital Identity Solutions Market by Authentication Type
9.2.3 Canada Digital Identity Solutions Market by Organization Size
9.2.4 Canada Digital Identity Solutions Market by Deployment Mode
9.2.5 Canada Digital Identity Solutions Market by Vertical
9.3 Mexico Digital Identity Solutions Market
9.3.1 Mexico Digital Identity Solutions Market by Component
9.3.1.1 Mexico Digital Identity Solutions Market by Solution (Without Services) Type
9.3.2 Mexico Digital Identity Solutions Market by Authentication Type
9.3.3 Mexico Digital Identity Solutions Market by Organization Size
9.3.4 Mexico Digital Identity Solutions Market by Deployment Mode
9.3.5 Mexico Digital Identity Solutions Market by Vertical
9.4 Rest of North America Digital Identity Solutions Market
9.4.1 Rest of North America Digital Identity Solutions Market by Component
9.4.1.1 Rest of North America Digital Identity Solutions Market by Solution (Without Services) Type
9.4.2 Rest of North America Digital Identity Solutions Market by Authentication Type
9.4.3 Rest of North America Digital Identity Solutions Market by Organization Size
9.4.4 Rest of North America Digital Identity Solutions Market by Deployment Mode
9.4.5 Rest of North America Digital Identity Solutions Market by Vertical
Chapter 10. Company Profiles
10.1 TELUS International, Inc.
10.1.1 Company Overview
10.1.2 Financial Analysis
10.1.3 Segmental and Regional Analysis
10.1.4 Recent strategies and developments:
10.1.4.1 Partnerships, Collaborations, and Agreements:
10.2 Samsung SDS Co., Ltd. (Samsung Group)
10.2.1 Company Overview
10.2.2 Financial Analysis
10.2.3 Segmental and Regional Analysis
10.2.4 Research & Development Expenses
10.2.5 Recent strategies and developments:
10.2.5.1 Partnerships, Collaborations, and Agreements:
10.3 GB Group plc
10.3.1 Company Overview
10.3.2 Financial Analysis
10.3.3 Segmental and Regional Analysis
10.3.4 Research & Development Expenses
10.3.5 Recent strategies and developments:
10.3.5.1 Acquisition and Mergers:
10.4 NEC Corporation
10.4.1 Company Overview
10.4.2 Financial Analysis
10.4.3 Segmental and Regional Analysis
10.4.4 Research & Development Expenses
10.4.5.2 Acquisition and Mergers:
10.4.6 SWOT Analysis
10.5 Thales Group S.A.
10.5.1 Company Overview
10.5.2 Financial Analysis
10.5.3 Segmental and Regional Analysis
10.5.4 Research and Development Expense
10.5.5 Recent strategies and developments:
10.5.5.1 Product Launches and Product Expansions:
10.5.5.2 Acquisition and Mergers:
10.6 OneSpan, Inc.
10.6.1 Company Overview
10.6.2 Financial Analysis
10.6.3 Regional Analysis
10.6.4 Research & Development Expenses
10.6.5 Recent strategies and developments:
10.6.5.1 Partnerships, Collaborations, and Agreements:
10.7 ForgeRock, Inc.
10.7.1 Company Overview
10.7.2 Financial Analysis
10.7.3 Regional & Segmental Analysis
10.7.4 Research & Development Expenses
10.7.5 Recent strategies and developments:
10.7.5.1 Partnerships, Collaborations, and Agreements:
10.7.5.2 Product Launches and Product Expansions:
10.8 ImageWare Systems, Inc.
10.8.1 Company Overview
10.8.2 Financial Analysis
10.8.4 Recent strategies and developments:
10.8.4.1 Partnerships, Collaborations, and Agreements:
10.8.4.2 Product Launches and Product Expansions:
10.9 IDEMIA SAS (Advent International, Inc.)
10.9.1 Company Overview
10.9.2 Recent strategies and developments:
10.9.2.1 Partnerships, Collaborations, and Agreements:
10.9.2.2 Product Launches and Product Expansions:
10.10. Jumio Corporation
10.10.1 Company Overview
10.10.2 Recent strategies and developments:
10.10.2.1 Partnerships, Collaborations, and Agreements:
10.10.2.2 Acquisition and Mergers:
10.10.2.3 Product Launches and Product Expansions:
10.10.2.4 Geographical Expansions:
TABLE 1 North America Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 2 North America Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 3 Partnerships, Collaborations and Agreements – Digital Identity Solutions Market
TABLE 4 Product Launches And Product Expansions – Digital Identity Solutions Market
TABLE 5 Acquisition and Mergers – Digital Identity Solutions Market
TABLE 6 Geographical Expansions – Digital Identity Solutions Market
TABLE 7 North America Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 8 North America Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 9 North America Solution (Without Services) Market by Country, 2018 - 2021, USD Million
TABLE 10 North America Solution (Without Services) Market by Country, 2022 - 2028, USD Million
TABLE 11 North America Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 12 North America Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 13 North America Biometrics Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Biometrics Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Non-Biometrics Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Non-Biometrics Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Services Market by Country, 2018 - 2021, USD Million
TABLE 18 North America Services Market by Country, 2022 - 2028, USD Million
TABLE 19 North America Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 20 North America Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 21 North America Single-factor Authentication Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Single-factor Authentication Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Multi-factor Authentication Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Multi-factor Authentication Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 26 North America Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 27 North America Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Small & Medium-sized Enterprises (SMEs) Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Small & Medium-sized Enterprises (SMEs) Market by Country, 2022 - 2028, USD Million
TABLE 31 North America Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 32 North America Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 33 North America On-premise Market by Country, 2018 - 2021, USD Million
TABLE 34 North America On-premise Market by Country, 2022 - 2028, USD Million
TABLE 35 North America Cloud Market by Country, 2018 - 2021, USD Million
TABLE 36 North America Cloud Market by Country, 2022 - 2028, USD Million
TABLE 37 North America Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 38 North America Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 39 North America BFSI Market by Country, 2018 - 2021, USD Million
TABLE 40 North America BFSI Market by Country, 2022 - 2028, USD Million
TABLE 41 North America IT, ITeS & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 42 North America IT, ITeS & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 43 North America Government & Defense Market by Country, 2018 - 2021, USD Million
TABLE 44 North America Government & Defense Market by Country, 2022 - 2028, USD Million
TABLE 45 North America Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 46 North America Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 47 North America Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 48 North America Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 49 North America Retail & eCommerce Market by Country, 2018 - 2021, USD Million
TABLE 50 North America Retail & eCommerce Market by Country, 2022 - 2028, USD Million
TABLE 51 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 52 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 53 North America Digital Identity Solutions Market by Country, 2018 - 2021, USD Million
TABLE 54 North America Digital Identity Solutions Market by Country, 2022 - 2028, USD Million
TABLE 55 US Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 56 US Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 57 US Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 58 US Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 59 US Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 60 US Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 61 US Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 62 US Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 63 US Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 US Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 US Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 66 US Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 67 US Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 68 US Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 69 Canada Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 70 Canada Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 71 Canada Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 72 Canada Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 73 Canada Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 74 Canada Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 75 Canada Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 76 Canada Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 77 Canada Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 78 Canada Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 79 Canada Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 80 Canada Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 81 Canada Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 82 Canada Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 83 Mexico Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 84 Mexico Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 85 Mexico Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 86 Mexico Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 87 Mexico Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 88 Mexico Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 89 Mexico Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 90 Mexico Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 91 Mexico Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 92 Mexico Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 93 Mexico Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 94 Mexico Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 95 Mexico Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 96 Mexico Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 97 Rest of North America Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 98 Rest of North America Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 99 Rest of North America Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 100 Rest of North America Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 101 Rest of North America Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 102 Rest of North America Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 103 Rest of North America Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 104 Rest of North America Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 105 Rest of North America Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 106 Rest of North America Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 107 Rest of North America Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 108 Rest of North America Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 109 Rest of North America Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 110 Rest of North America Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 111 KEY INFORMATION – TELUS INTERNATIONAL, INC.
TABLE 112 KEY INFORMATION – SAMSUNG SDS CO., LTD.
TABLE 113 KEY INFORMATION – GB GROUP PLC
TABLE 114 KEY INFORMATION – NEC CORPORATION
TABLE 115 key information – Thales Group S.A.
TABLE 116 Key information – OneSpan, Inc.
TABLE 117 KEY INFORMATION – FORGEROCK, INC.
TABLE 118 KEY INFORMATION – IMAGEWARE SYSTEMS, INC.
TABLE 119 KEY INFORMATION – IDEMIA SAS
TABLE 120 KEY INFORMATION – JUMIO CORPORATION
List of Figures
FIG 1 Methodology for the research
FIG 2 KBV Cardinal Matrix
FIG 3 Key Leading Strategies: Percentage Distribution (2018-2022)
FIG 4 Key Strategic Move: (Partnerships, Collaborations and Agreements: 2018, Jun – 2022, Feb) Leading Players
FIG 5 Recent strategies and developments: NEC Corporation
FIG 6 SWOT Analysis: NEC Corporation
FIG 7 Recent strategies and developments: ForgeRock, Inc.
FIG 8 Recent strategies and developments: ImageWare Systems, Inc.
FIG 9 Recent strategies and developments: IDEMIA SAS
FIG 10 Recent strategies and developments: Jumio Corporation