The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the sellers. The news covered in this section delivers valuable thoughts at different stages while keeping up-to-date with the business and engaging stakeholders in the economic debate. The areas included in the report are made by using the data of the key business sector. It also provides region-wise and country-wise growth rates of the Digital Identity Solutions Market. It also covers breakdown by product and application by incorporating details of the market size depending on development and applications. The report provides insights on Market Penetration, Market Development, Market Diversification, Competitive Assessment and intelligence, and Product Development and innovation.
Digital Identity Solutions Market by Component (Solutions and Services), Solution Type (Biometrics and Non-Biometrics), Authentication Type, Deployment Mode, Organization Size, Vertical and Geography (North America, Europe, Asia-Pacific, Middle East and Africa and South America)
Market Overview
The global digital identity solutions market size is projected to grow from USD 23.3 Billion in 2021 to USD 49.5 Billion by 2026, recording a Compound Annual Growth Rate (CAGR) of 16.2% from 2021 to 2026.
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The increase in instances of identity-related frauds and data breaches and the need for compliance with various upcoming regulations are some of the factors that have supported the long-term expansion of the Digital Identity Solutions Market.

Key Findings
• The Digital Identity Solutions Market is segmented into component, solution type, authentication type, deployment mode, organization size, vertical and geography.
• Component segment is segmented into solutions and services.
• Solution type segment is segmented into biometrics and non-biometrics.
• Authentication type segment is segmented into single-factor authentication and multifactor authentication.
• Deployment mode segment is segmented into on-premise and cloud.
• Organization size segment is segmented into small & medium-sized enterprises and large enterprises.
• Vertical segment is segmented into banking, financial services and insurance, retail and e-commerce, defense and government, healthcare, IT and ITES, telecommunications, energy and utilities, and other verticals.
• Geographically, the global digital identity solutions market is sub-segmented into North America, Europe, Asia-Pacific, Middle East and Africa, and South America and insights are provided for each region and major countries within the regions
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Competitive Landscape
Key players in Digital Identity Solutions Market are
• NEC (Japan)
• Samsung SDS (South Korea)
• Thales Group (France)
• GBG (UK), TELUS (Canada)
• Tessi (France), Daon (US)
• IDEMIA (France)
• ForgeRock (US)
• Jumio (US)
• iProov (UK)
• ID R&D (US)
• Refinitiv (UK)
• ImageWare Systems (US)
• OneSpan (US)
• Smartmatic (UK)
• Verisec (Sweden)
• Vintegris (Spain)
• AU10TIX (Cyprus)
• Signicat (Norway)
• RaulWalter (Estonia)
• Duo Security (US)
• Syntizen(India)
• HashCash Consultants (US)
• Good Digital Identity (Czech Republic).

Reasons to Acquire
• Increase your understanding of the market for identifying the best and suitable strategies and decisions on the basis of sales or revenue fluctuations in terms of volume and value, distribution chain analysis, market trends and factors
• Gain authentic and granular data access for digital identity solutions market so as to understand the trends and the factors involved behind changing market situations
• Qualitative and quantitative data utilization to discover arrays of future growth from the market trends of leaders to market visionaries and then recognize the significant areas to compete in the future
• In-depth analysis of the changing trends of the market by visualizing the historic and forecast year growth patterns
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