The Asia Pacific Digital Identity Solutions Market would witness Market growth of 18.5% CAGR during the forecast period (2022-2028).
Digital identity systems offer an extensive range of advantages. These solutions streamline and simplify operations by automating them. It strengthens the bridge between the security threat and digital presence gap. Further, these solutions also ensure that the transition from physical to digital identification is seamless. These considerations suggest that the Market for digital identity solutions will continue to expand.
Governmental and non-governmental enterprises can use digital identity systems to acquire biographical and biometric data of individuals. It also gathers biometric information. It is, precisely, the computerized collection of personal information. Digitalization has influenced developments in a wide range of industries and applications. Digital identity solutions are becoming more important as technology advances. The growing requirement to encourage people all over the world to leverage digital identification systems promises well for future developments across these solutions.
Rising cyber frauds, followed by an increased requirement for authentication, have led to the adoption of such solutions in the region,. Furthermore, the individual governments are focusing on safeguarding the identities of national citizens, which has resulted in significant expenditure on such solutions. This contributes to the Market 's expansion.
Japan, China, Singapore, India, and South Korea are among the Asia Pacific's largest developing economies. The Indian government has implemented measures such as KYC to aid in the detection of identity fraud. Adhaar, India's national ID scheme, reached one billion users in 2016. Furthermore, Adhaar ID was used by 1.2 billion people, with 99 percent of them being adults. In addition, the Indian government's integration of the biometric digital ID 'Aadhaar' into different initiatives and policies is a prime example of digital governance. Under this initiative, Adhaar card can be created using the user's demographic and biometric information. Digital identity systems have already been deployed in well-known Asian countries such as China, India, Singapore, and Japan, which is increasing the utilization of digital identity solutions across the region.
The China Market dominated the Asia Pacific Digital Identity Solutions Market by Country 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $5,552.1 million by 2028. The Japan Market is experiencing a CAGR of 17.9% during (2022 - 2028). Additionally, The India Market would showcase a CAGR of 19.3% 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 China, Japan, India, South Korea, Singapore, Malaysia, and Rest of Asia Pacific.
Free Valuable Insights: The Worldwide Digital Identity Solutions Market is Projected to reach USD 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)
- Biometrics
- Non-Biometrics
- 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
- China
- Japan
- India
- South Korea
- Singapore
- Malaysia
- Rest of Asia Pacific
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
TABLE 1 Asia Pacific Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 2 Asia Pacific 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 Asia Pacific Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 8 Asia Pacific Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 9 Asia Pacific Solution (Without Services) Market by Country, 2018 - 2021, USD Million
TABLE 10 Asia Pacific Solution (Without Services) Market by Country, 2022 - 2028, USD Million
TABLE 11 Asia Pacific Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 12 Asia Pacific Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 13 Asia Pacific Biometrics Market by Country, 2018 - 2021, USD Million
TABLE 14 Asia Pacific Biometrics Market by Country, 2022 - 2028, USD Million
TABLE 15 Asia Pacific Non-Biometrics Market by Country, 2018 - 2021, USD Million
TABLE 16 Asia Pacific Non-Biometrics Market by Country, 2022 - 2028, USD Million
TABLE 17 Asia Pacific Services Market by Country, 2018 - 2021, USD Million
TABLE 18 Asia Pacific Services Market by Country, 2022 - 2028, USD Million
TABLE 19 Asia Pacific Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 20 Asia Pacific Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 21 Asia Pacific Single-factor Authentication Market by Country, 2018 - 2021, USD Million
TABLE 22 Asia Pacific Single-factor Authentication Market by Country, 2022 - 2028, USD Million
TABLE 23 Asia Pacific Multi-factor Authentication Market by Country, 2018 - 2021, USD Million
TABLE 24 Asia Pacific Multi-factor Authentication Market by Country, 2022 - 2028, USD Million
TABLE 25 Asia Pacific Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 26 Asia Pacific Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 27 Asia Pacific Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 28 Asia Pacific Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 29 Asia Pacific Small & Medium-sized Enterprises (SMEs) Market by Country, 2018 - 2021, USD Million
TABLE 30 Asia Pacific Small & Medium-sized Enterprises (SMEs) Market by Country, 2022 - 2028, USD Million
TABLE 31 Asia Pacific Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 32 Asia Pacific Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 33 Asia Pacific On-premise Market by Country, 2018 - 2021, USD Million
TABLE 34 Asia Pacific On-premise Market by Country, 2022 - 2028, USD Million
TABLE 35 Asia Pacific Cloud Market by Country, 2018 - 2021, USD Million
TABLE 36 Asia Pacific Cloud Market by Country, 2022 - 2028, USD Million
TABLE 37 Asia Pacific Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 38 Asia Pacific Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 39 Asia Pacific BFSI Market by Country, 2018 - 2021, USD Million
TABLE 40 Asia Pacific BFSI Market by Country, 2022 - 2028, USD Million
TABLE 41 Asia Pacific IT, ITeS & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 42 Asia Pacific IT, ITeS & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 43 Asia Pacific Government & Defense Market by Country, 2018 - 2021, USD Million
TABLE 44 Asia Pacific Government & Defense Market by Country, 2022 - 2028, USD Million
TABLE 45 Asia Pacific Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 46 Asia Pacific Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 47 Asia Pacific Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 48 Asia Pacific Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 49 Asia Pacific Retail & eCommerce Market by Country, 2018 - 2021, USD Million
TABLE 50 Asia Pacific Retail & eCommerce Market by Country, 2022 - 2028, USD Million
TABLE 51 Asia Pacific Others Market by Country, 2018 - 2021, USD Million
TABLE 52 Asia Pacific Others Market by Country, 2022 - 2028, USD Million
TABLE 53 Asia Pacific Digital Identity Solutions Market by Country, 2018 - 2021, USD Million
TABLE 54 Asia Pacific Digital Identity Solutions Market by Country, 2022 - 2028, USD Million
TABLE 55 China Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 56 China Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 57 China Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 58 China Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 59 China Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 60 China Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 61 China Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 62 China Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 63 China Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 China Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 China Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 66 China Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 67 China Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 68 China Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 69 Japan Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 70 Japan Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 71 Japan Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 72 Japan Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 73 Japan Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 74 Japan Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 75 Japan Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 76 Japan Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 77 Japan Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 78 Japan Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 79 Japan Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 80 Japan Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 81 Japan Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 82 Japan Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 83 India Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 84 India Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 85 India Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 86 India Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 87 India Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 88 India Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 89 India Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 90 India Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 91 India Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 92 India Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 93 India Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 94 India Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 95 India Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 96 India Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 97 South Korea Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 98 South Korea Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 99 South Korea Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 100 South Korea Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 101 South Korea Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 102 South Korea Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 103 South Korea Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 104 South Korea Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 105 South Korea Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 106 South Korea Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 107 South Korea Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 108 South Korea Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 109 South Korea Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 110 South Korea Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 111 Singapore Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 112 Singapore Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 113 Singapore Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 114 Singapore Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 115 Singapore Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 116 Singapore Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 117 Singapore Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 118 Singapore Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 119 Singapore Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 120 Singapore Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 121 Singapore Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 122 Singapore Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 123 Singapore Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 124 Singapore Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 125 Malaysia Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 126 Malaysia Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 127 Malaysia Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 128 Malaysia Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 129 Malaysia Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 130 Malaysia Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 131 Malaysia Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 132 Malaysia Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 133 Malaysia Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 134 Malaysia Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 135 Malaysia Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 136 Malaysia Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 137 Malaysia Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 138 Malaysia Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 139 Rest of Asia Pacific Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 140 Rest of Asia Pacific Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 141 Rest of Asia Pacific Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 142 Rest of Asia Pacific Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 143 Rest of Asia Pacific Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 144 Rest of Asia Pacific Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 145 Rest of Asia Pacific Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 146 Rest of Asia Pacific Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 147 Rest of Asia Pacific Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 148 Rest of Asia Pacific Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 149 Rest of Asia Pacific Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 150 Rest of Asia Pacific Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 151 Rest of Asia Pacific Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 152 Rest of Asia Pacific Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 153 KEY INFORMATION – TELUS INTERNATIONAL, INC.
TABLE 154 KEY INFORMATION – SAMSUNG SDS CO., LTD.
TABLE 155 KEY INFORMATION – GB GROUP PLC
TABLE 156 KEY INFORMATION – NEC CORPORATION
TABLE 157 key information – Thales Group S.A.
TABLE 158 Key information – OneSpan, Inc.
TABLE 159 KEY INFORMATION – FORGEROCK, INC.
TABLE 160 KEY INFORMATION – IMAGEWARE SYSTEMS, INC.
TABLE 161 KEY INFORMATION – IDEMIA SAS
TABLE 162 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