This report describes the Asia-Pacific market size of Identity Verification from 2018 to 2021 and its CAGR from 2018 to 2021, and also forecasts its market size to the end of 2030 and its expected to grow with a CAGR of 15.6% from 2023 to 2030.
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.
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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The Identity Verification Asia-Pacific market can be divided based on product types and its sub-type, major applications and Third-Party usage area, and important regions.
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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