Europe Identity Verification and Authentication Market Growth, Strategic Analysis, Future Scenarios of Forecast – 2028
Europe
identity verification and authentication market is expected to grow in the
forecast period of 2021 to 2028. Data Bridge Market Research analyses that the
market is growing with a CAGR of 17.1% in the forecast period of 2021 to 2028
and is expected to reach USD 21,269.02 million by 2028.
The world class Europe Identity Verification and Authentication
Market research report is structured with the thorough market analysis carried
out by a team of industry experts, dynamic analysts, skilful forecasters, and
well-informed researchers. This global market report offers an analytical
assessment of the prime challenges faced by the market currently and in the
coming years, which gives idea to other market participants about the problems
they may face while operating in this market over a longer period of time. In
the large scale Europe Identity Verification and Authentication Market report,
industry trends are put together on macro level with which clients can figure
out market landscape and possible future issues.
Europe Identity Verification and
Authentication Market Scenario:
Identity
verification and authentication refers to the services and solutions used to
verify the authenticity of a person's physical identity or documents such as a
driver’s license, passport, or nationally issued identity document. Identity
verification and authentication is an important process that ensures a person’s
identity matches the one that is supposed to be. Identity verification and
authentication solution and services ensure that a real person is operating
behind a process and proves the one they claim to be, preventing false
identities or committing fraud. Identity verification is an essential
requirement in many business processes and procedures. Various methods for
identity verification and authentication services include biometric identity,
identity and access management (IAM) solutions, security assertion mark-up
language authentication (SAML) solutions, and biometric authentication
solutions. The verification of identity process can be carried out in many
different ways depending on the channel and the way the verification. Identity
verification and authentication services are used in many industries to provide
complete security, to avoid fraud, financial crimes, and identity theft. One
such way to avoid this can be deploying anti-money laundering solutions to
improve customer experience and avoid costly fines and other benefits.
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Key Players:
·
Thales Group
·
LexisNexis Risk Solutions
Group
·
IDEMIA
·
TransUnion LLC
·
Equifax Inc.
·
Experian Information
Solutions Inc.
·
Acuant Inc.
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