The report delves into Identity Verification Providers, segmented by Deployment (On-Premise, On-Demand), End-User Industry (Financial Services, Retail, Gaming, Government, Others)
The Identity Verification Market is estimated at USD 13.19 billion in 2024, expected to reach USD 23.49 billion by 2029, with a CAGR of 12.64%. Growth drivers include stringent regulations, BYOD trends, and compliance needs across sectors like financial services, retail, gaming, government, and more. Vendors align with government regulations, launch new solutions, and address KYC laws to prevent account takeovers, fostering market growth amidst rising fraudulent activities.
