Asia-Pacific Identity Verification Market is expected to reach 6,466.6 Million by 2030 growing at an CAGR of 15.6%.
The Asia-Pacific Identity Verification Market is valued to be USD 2,383.2 Million in 2021 and it is expected to reach 6,466.6 Million by 2030 growing at an CAGR of 15.6%.
Identity verification is a security solution that enables businesses to safeguard user and customer data and guarantee its accuracy. Various organizations employ identity verification tools and services to ensure that the data supplied by users or clients is linked to the identity of a genuine person. Identity verification reduces the danger of identity fraud, facilitates a safe client enrollment process, and offers real-time, seamless onboarding. Identification verification is necessary for the majority of offline and online processes. Identity verification is necessary for access to digital services or at border checks. Identity fraud and data breaches will drive the identity verification sector.
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The report offers intricate dynamics about different aspects of the global Identity Verification Asia-Pacific Market, which aids companies operating in the market in making strategic development decisions. The study also elaborates on significant changes that are highly anticipated to configure growth of the global Identity Verification Asia-Pacific market during the forecast period 2023-2030. It also includes a key indicator assessment that highlights growth prospects of the global Identity Verification Asia-Pacific market and estimates statistics related to growth of the market in terms of value (US$ Mn) and volume. This study covers a detailed segmentation of the global Identity Verification Asia-Pacific market, along with key information and a competition outlook. The report mentions company profiles of players that are currently dominating the global Identity Verification Asia-Pacific market, wherein various development, expansion, and winning strategies practiced and implemented by leading players have been presented in detail.
Top Companies in the Global Identity Verification Asia-Pacific Market: LexisNexis Risk Solutions Group, Thales Group, GB Group plc, TransUnion LLC, IDEMIA, Equifax Inc., Jumio, Onfido, iDenfy, Sum and Substance Ltd, Trulioo, others.
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Key Segments Studied in the Global Identity Verification Asia-Pacific Market
Type Segment
Biometrics
Non-Biometrics
End User Segment
BFSI
Government and Defense
Healthcare & Life Sciences
Retail and eCommerce
IT & ITeS
Energy and Utilities
Others
Deployment Mode Segment
On-Premises
Cloud
Component Segment
Solution
Service
Organization Size Segment
SMEs
Large Enterprise
Application Segment
Credit Card Fraud
Bank Fraud
Phone or Utility Fraud
Employment or Tax-related Fraud
Business opportunities of Identity Verification Asia-Pacific Market in the following regions and countries:
North America (USA, Canada and Mexico)
Europe (Germany, Great Britain, France, Italy, Russia, Spain and Benelux countries)
Asia Pacific (China, Japan, India, Southeast Asia, and Australia)
Latin America (Brazil, Argentina and Colombia)
Remaining Countries
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| Country Specific | Exhaustive report by specific country |
| Country Level | A deep drill down by each country on global level |
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