Global Open Banking Solutions Market Forecast
$1,200 – $4,500
The global identity verification market is expected to grow from USD 10.9 billion in 2023 to USD 21.8 billion by 2028, with a CAGR of 14.9%. Increasing security risks, growing online transactions, and the adoption of digital identities drive demand for robust verification techniques. Advances in AI and biometrics enhance precision and user experience, especially in finance and healthcare sectors. Additionally, expanding technological landscapes in emerging markets create new opportunities, fueling overall market growth. |