The Europe Digital Identity Solutions Market would witness Market growth of 15.8% CAGR during the forecast period (2022-2028).
Digital identity management solutions have majorly evolved, moving away from traditional passwords and toward biometric authentication such as facial recognition, voice recognition, and fingerprint. Because biometric traits are unique to each individual, biometric solutions are becoming increasingly popular. The biometric solution analyzes lock patterns that record the process of verifying identity and granting access. The high demand for digital identity services is propelled by the security and simplicity provided by biometric technologies. During the forecasting period, the multifactor authentication capability given by biometric identity solutions along with the increased focus on improving end-to-end customer experience is also driving Market expansion.
The trend of digitization across numerous organizations and businesses has significantly increased the potential development of the digital identity solutions Market . Human errors invalidating and cross-checking an individual's identity can be minimized by using dependable digital identity systems. In addition, digital identity solutions aid in providing a positive customer experience, increasing efficiency, and lowering expenses. All of these factors contribute to the digital identity solutions Market 's increased growth potential.
Recently, digital identification has become increasingly important in a variety of industries. In 2016, schemes such as the Gov.UK Verify project were launched. The government released a revised edition of its digital identity and characteristics trust framework in August 2021. By the end of 2021, German people would be able to save a digital version of identification cards on smartphones and use it as a digital ID with a PIN for authentication.
European people and businesses will be able to use the European Digital Identity to verify their identity or confirm specific personal information. It can be used across the region for both online and physical public and private services. Every person qualified for a national ID card has the right to a digital identity that's also recognized throughout the region. The European Commission has developed an online platform to collect reviews from everyone interested in helping to define new European Digital Identity Wallets.
The Germany Market dominated the Europe Digital Identity Solutions Market by Country 2021, and would continue to be a dominant Market till 2028; thereby, achieving a Market value of $4,140.4 million by 2028. The UK Market is estimated to grow at a CAGR of 14.8% during (2022 - 2028). Additionally, The France Market would witness 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 Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
Free Valuable Insights: The Global Digital Identity Solutions Market Size will Hit $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
- Germany
- UK
- France
- Russia
- Spain
- Italy
- Rest of Europe
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 Europe Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 2 Europe 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 Europe Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 8 Europe Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 9 Europe Solution (Without Services) Market by Country, 2018 - 2021, USD Million
TABLE 10 Europe Solution (Without Services) Market by Country, 2022 - 2028, USD Million
TABLE 11 Europe Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 12 Europe Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 13 Europe Biometrics Market by Country, 2018 - 2021, USD Million
TABLE 14 Europe Biometrics Market by Country, 2022 - 2028, USD Million
TABLE 15 Europe Non-Biometrics Market by Country, 2018 - 2021, USD Million
TABLE 16 Europe Non-Biometrics Market by Country, 2022 - 2028, USD Million
TABLE 17 Europe Services Market by Country, 2018 - 2021, USD Million
TABLE 18 Europe Services Market by Country, 2022 - 2028, USD Million
TABLE 19 Europe Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 20 Europe Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 21 Europe Single-factor Authentication Market by Country, 2018 - 2021, USD Million
TABLE 22 Europe Single-factor Authentication Market by Country, 2022 - 2028, USD Million
TABLE 23 Europe Multi-factor Authentication Market by Country, 2018 - 2021, USD Million
TABLE 24 Europe Multi-factor Authentication Market by Country, 2022 - 2028, USD Million
TABLE 25 Europe Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 26 Europe Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 27 Europe Large Enterprises Market by Country, 2018 - 2021, USD Million
TABLE 28 Europe Large Enterprises Market by Country, 2022 - 2028, USD Million
TABLE 29 Europe Small & Medium-sized Enterprises (SMEs) Market by Country, 2018 - 2021, USD Million
TABLE 30 Europe Small & Medium-sized Enterprises (SMEs) Market by Country, 2022 - 2028, USD Million
TABLE 31 Europe Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 32 Europe Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 33 Europe On-premise Market by Country, 2018 - 2021, USD Million
TABLE 34 Europe On-premise Market by Country, 2022 - 2028, USD Million
TABLE 35 Europe Cloud Market by Country, 2018 - 2021, USD Million
TABLE 36 Europe Cloud Market by Country, 2022 - 2028, USD Million
TABLE 37 Europe Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 38 Europe Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 39 Europe BFSI Market by Country, 2018 - 2021, USD Million
TABLE 40 Europe BFSI Market by Country, 2022 - 2028, USD Million
TABLE 41 Europe IT, ITeS & Telecom Market by Country, 2018 - 2021, USD Million
TABLE 42 Europe IT, ITeS & Telecom Market by Country, 2022 - 2028, USD Million
TABLE 43 Europe Government & Defense Market by Country, 2018 - 2021, USD Million
TABLE 44 Europe Government & Defense Market by Country, 2022 - 2028, USD Million
TABLE 45 Europe Healthcare Market by Country, 2018 - 2021, USD Million
TABLE 46 Europe Healthcare Market by Country, 2022 - 2028, USD Million
TABLE 47 Europe Energy & Utilities Market by Country, 2018 - 2021, USD Million
TABLE 48 Europe Energy & Utilities Market by Country, 2022 - 2028, USD Million
TABLE 49 Europe Retail & eCommerce Market by Country, 2018 - 2021, USD Million
TABLE 50 Europe Retail & eCommerce Market by Country, 2022 - 2028, USD Million
TABLE 51 Europe Others Market by Country, 2018 - 2021, USD Million
TABLE 52 Europe Others Market by Country, 2022 - 2028, USD Million
TABLE 53 Europe Digital Identity Solutions Market by Country, 2018 - 2021, USD Million
TABLE 54 Europe Digital Identity Solutions Market by Country, 2022 - 2028, USD Million
TABLE 55 Germany Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 56 Germany Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 57 Germany Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 58 Germany Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 59 Germany Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 60 Germany Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 61 Germany Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 62 Germany Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 63 Germany Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 64 Germany Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 65 Germany Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 66 Germany Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 67 Germany Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 68 Germany Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 69 UK Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 70 UK Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 71 UK Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 72 UK Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 73 UK Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 74 UK Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 75 UK Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 76 UK Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 77 UK Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 78 UK Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 79 UK Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 80 UK Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 81 UK Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 82 UK Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 83 France Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 84 France Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 85 France Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 86 France Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 87 France Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 88 France Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 89 France Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 90 France Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 91 France Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 92 France Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 93 France Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 94 France Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 95 France Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 96 France Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 97 Russia Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 98 Russia Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 99 Russia Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 100 Russia Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 101 Russia Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 102 Russia Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 103 Russia Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 104 Russia Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 105 Russia Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 106 Russia Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 107 Russia Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 108 Russia Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 109 Russia Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 110 Russia Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 111 Spain Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 112 Spain Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 113 Spain Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 114 Spain Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 115 Spain Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 116 Spain Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 117 Spain Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 118 Spain Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 119 Spain Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 120 Spain Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 121 Spain Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 122 Spain Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 123 Spain Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 124 Spain Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 125 Italy Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 126 Italy Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 127 Italy Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 128 Italy Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 129 Italy Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 130 Italy Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 131 Italy Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 132 Italy Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 133 Italy Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 134 Italy Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 135 Italy Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 136 Italy Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 137 Italy Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 138 Italy Digital Identity Solutions Market by Vertical, 2022 - 2028, USD Million
TABLE 139 Rest of Europe Digital Identity Solutions Market, 2018 - 2021, USD Million
TABLE 140 Rest of Europe Digital Identity Solutions Market, 2022 - 2028, USD Million
TABLE 141 Rest of Europe Digital Identity Solutions Market by Component, 2018 - 2021, USD Million
TABLE 142 Rest of Europe Digital Identity Solutions Market by Component, 2022 - 2028, USD Million
TABLE 143 Rest of Europe Digital Identity Solutions Market by Solution (Without Services) Type, 2018 - 2021, USD Million
TABLE 144 Rest of Europe Digital Identity Solutions Market by Solution (Without Services) Type, 2022 - 2028, USD Million
TABLE 145 Rest of Europe Digital Identity Solutions Market by Authentication Type, 2018 - 2021, USD Million
TABLE 146 Rest of Europe Digital Identity Solutions Market by Authentication Type, 2022 - 2028, USD Million
TABLE 147 Rest of Europe Digital Identity Solutions Market by Organization Size, 2018 - 2021, USD Million
TABLE 148 Rest of Europe Digital Identity Solutions Market by Organization Size, 2022 - 2028, USD Million
TABLE 149 Rest of Europe Digital Identity Solutions Market by Deployment Mode, 2018 - 2021, USD Million
TABLE 150 Rest of Europe Digital Identity Solutions Market by Deployment Mode, 2022 - 2028, USD Million
TABLE 151 Rest of Europe Digital Identity Solutions Market by Vertical, 2018 - 2021, USD Million
TABLE 152 Rest of Europe 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