このレポートは、急速に成長する「デジタルID認証」の市場について非常に詳細な分析を行っています。

 

Report　Description

Juniper Research’s new Digital Identity Verification research report provides highly detailed analysis of this rapidly growing market. The report assesses the success, trends and challenges of digital identity verification platforms to date in securing digital access and activities. Providing a future outlook for the evolution and adoption of these platforms, the study is supported by extensive analysis of regulatory frameworks, standards and various verification types. It also analyses 15 leading identity verification vendors via the Juniper Research Competitor Leaderboard.

 

The research also provides industry benchmark forecasts for the market; covering digital identity verification usage and spend on verification platforms, split by the following, as well as by our 8 key regions and 60 countries:

 

Banking Verification

 

This research suite comprises:

 

Key Market Statistics

Market spend in 2022: $11.6bn

Market size in 2027: $20.8bn

2022 to 2027 Growth: 80%

 

 

KEY FEATURES

Market Dynamics: Detailed assessment of how different trends are leading to greater adoption of digital identity verification technologies.

Segment Analysis: Analysis of important segments which are adopting digital identity verification strategies, including:

Financial Services

Gaming

Government Services

Healthcare

Mobile Network Operator Services

Retail

Juniper Research Competitor Leaderboard: Key player capability and capacity assessment for 15 digital identity verification vendors:

Benchmark Industry Forecasts: 5-year forecasts for digital identity verification, covering digital identity verification usage and spend on verification platforms, split by banking verification, eGovernment verification, eCommerce verification and other verification services. Data is also split by our 8 key regions and the 60 countries listed below:

North America:

Canada, US

Latin America:

Argentina, Brazil, Chile, Colombia, Ecuador, Mexico, Peru, Uruguay.

West Europe:

Austria, Belgium, Denmark, Finland, France, Germany, Greece, Ireland, Italy, Netherlands, Norway, Portugal, Spain, Sweden, Switzerland, UK.

Central & East Europe:

Croatia, Czech Republic, Hungary, Poland, Romania, Russia, Turkey, Ukraine.

Far East & China:

China, Hong Kong, Japan, South Korea.

Indian Subcontinent:

Bangladesh, India, Nepal, Pakistan.

Rest of Asia Pacific:

Australia, Indonesia, Malaysia, New Zealand, Philippines, Singapore, Thailand, Vietnam.

Africa & Middle East

Algeria, Egypt, Israel, Kenya, Kuwait, Nigeria, Qatar, Saudi Arabia, South Africa, United Arab Emirates.

 

 

KEY QUESTIONS ANSWERED

 

 

COMPANIES REFERENCED

Case Studied: Gov.UK

 

Included in the Juniper Research Competitor Leaderboard: Callsign, Experian, GBG, Jumio, KYC-Chain, LexisNexis Risk Solutions, Microsoft, Onfido, Oxyliom Solutions, Ping Identity, SecureKey Technologies, Signicat, Socure, Thales, Trulioo.

 

Mentioned: Accel, Acequia Capital, ACI Worldwide, Acuant, Affinity Credit Union, AFS (Arvato Financial Solutions), Airbnb, AIS, Alkemi Network, Allianz, American Gaming Association, Amex Ventures, Apple, AscendEX, Attijariwafa Bank, AU10TIX, Auth0, Avaco, Avant, Avast, AWS, Bain Capital Ventures, Bambu System, Bank of Africa, Bano Financial, Banque Populaire, Barclays, Beam, BehavioSec, betfair, Betterment, BioCatch, BitStamp, BlueSky, Blumberg Capital, BMO, BNP Paribas, BNY Mellon, Breed Reply, Brex, BrScan, bunq, C6 Group, Capita, Capital on Tap, Capital One Ventures, Centana Growth Partners, Chime, Chipper Cash, CIBC, CIBD, Citi Ventures, Click Ventures, CloudCheck, Commerce Ventures, Crane, CreditInfo, CRIF, Daon, Dejardins Venture Capital, Deloitte, Department for Digital, Culture, Media, and Sport, Deutsche Borse Group, DIF (Decentralised Identity Foundation), DISB (Digital Identity Strategy Board), Discover, Dokobit, Dow Jones, DraftKings, dun&bradstreet, EasyJet, Ekata, Emailage, Equifax, eToro, Evernym, EXPN (London Stock Exchange), Eyn, First Bank, FIS, Fiserv, Flanders, Funding Circle, Global Fidelity Bank, Global66, GlobalGateway, Goldman Sachs, Google, Great Hill Partners, GSR, Guardian Gold, HelloFlow, HKVAX, HM Treasury, HSBC, Hyperledger, IBM, ICO (Information Commissioner’s Office), ID Mission, IDEMIA, idInvest Partners, IDNow, IDology, illion, Intel, Interac, JPMorgan, Keio University, Lego, LendInvest, LinkedIn, Lloyds Banking Group, Mambu, Marqeta, Mastercard, Meta, Metro Bank, Microsoft, Millennium Technology Value Partners, Mitek, Moneybox, Monzo, Mouro Capital, N26, National Bank of Canada, Nerve, New Day, NHS, Nomino Data, Norway’s Bank, O2, OCP, ODIA (Office for Digital Identities and Attributes), Okta, Oracle, Orange, Oxfam, Paper Verify, PassFort, Prudential, PTB Ventures, Public, Qualcomm Ventures, Rabobank, Radius Bank, RBC, Reliance Bank, Revolut, RHT Compliance Solutions, RMIT University, Rogers Venture Partners, Salesforce, Samsung, Santander, Scale Venture Partners, Scotiabank, SecuredTouch, Simba, SoFi, Sokin, Sopra Steria, Sorensen Ventures, Sovrin Network, Sphonic, Standard Bank, Standard Chartered Bank, Stash, Stripe, Supersonicz, SwapMoney, Symphonic Software, Talis Capital, Tapad, TBI Bank, TCV, TD, Telesign, Temenos, Three, Tiger Global, TPG Growth, TransUnion, TruNarrative, TSB, Twilio, UK Home Office, University of Oxford, Varo, Verified.Me, Vipps, Visa, Vista Equity Partners, Vodafone, Volkswagen, Volvo, Voyager, Vu, WafaCash, WEF (World Economic Forum), Wells Fargo, WeWork, World Bank, Zoomcar.

 

 

DATA & INTERACTIVE FORECAST

Data splits for:

Total volume of digital identity verification checks, split by 4 segments

Total spend on digital identity verification checks, split by 4 segments

Segment splits for:

Banking verification (any checks facilitated via a banking service)

eGovernment verification (any checks used to access government services digitally, such as tax account access or visa controls)

eCommerce verification (any checks using a digital identity verification system when completing an eCommerce transaction)

Other verification services (including digital identity verification checks from mobile network operators and other providers)

Geographical splits: 60 countries

Number of tables: Over 66 tables

Number of datapoints: Over 29,000 datapoints

 

Harvest: Our online data platform, harvest, contains the very latest market data and is updated throughout the year. This is a fully featured platform; enabling clients to better understand key data trends and manipulate charts and tables, overlaying different forecasts within the one chart - using the comparison tool. Empower your business with our market intelligence centre, and get alerted whenever your data is updated.

 

Interactive Excels (IFxl): Our IFxl tool enables clients to manipulate both forecast data and charts, within an Excel environment, to test their own assumptions using the interactive scenario tool and compare selected markets side by side in customised charts and tables. IFxls greatly increase a clients’ ability to both understand a particular market and to integrate their own views into the model.

 

FORECAST SUMMARY

The spend on digital identity verification checks will reach $20.8 billion globally in 2027; up from $11.6 billion in 2022. This growth will be driven by both the increasing prevalence of digital services requiring digital onboarding journeys, and the growing requirement for more advanced and robust identity verification systems in the face of rising fraud.

The research assessed leading digital identity verification vendors; evaluating each company on criteria such as depth and breadth of offerings, service innovation and future market prospects. It ranked the top three vendors as follows:

1. Microsoft

2. Thales

3. LexisNexis Risk Solutions

Each of these vendors is taking advantage of the requirements for digital onboarding, as well as providing advanced anti-fraud capabilities. Microsoft has taken a leading role in verification, particularly with its Azure AD solution in a remote working context; leveraging its business environment presence. Thales has implemented a different approach; creating a broad portfolio of solutions in identity verification, that it then coordinates for each verification use case. LexisNexis Risk Solutions is leveraging its broad data coverage using machine learning to verify identity, bolstered by frequent acquisitions. 

There are multiple pathways to identity verification success. There are many different segments and verification types, with no single vendor covering all the solutions. As such, there is still a lot of room for innovation; vendors must focus on building out innovation partnerships and acquisitions that allow them to intelligently orchestrate the most effective verification types for each use case to drive growth forward.

 

 

Regions:8 Key Regions - includes North America, Latin America, West Europe, Central & East Europe, Far East & China, Indian Subcontinent, Rest of Asia Pacific and Africa & Middle East

Countries:Algeria, Argentina, Australia, Austria, Bangladesh, Belgium, Brazil, Canada, Chile, China, Colombia, Croatia, Czech Republic, Denmark, Ecuador, Egypt, Finland, France, Germany, Greece, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Italy, Japan, Kenya, South Korea, Kuwait, Malaysia, Mexico, Nepal, Netherlands, New Zealand, Nigeria, Norway, Pakistan, Peru, Philippines, Poland, Portugal, Qatar, Romania, Russian Federation, Saudi Arabia, Singapore, South Africa, Spain, Sweden, Switzerland, Thailand, Turkey, Ukraine, United Arab Emirates, UK, USA, Vietnam

1. Key Takeaways & Strategic Recommendations

1.1 Key Takeaways . 6

1.2 Strategic Recommendations . 6

2. Verified Identity ? Market Landscape

2.1 Introduction . 9

2.2 History of Identity Verification . 9

2.3 Why Verify Identity? . 11

2.4 Verification Approaches . 13

2.5 Future Outlook . 16

2.6 Protocols, Regulations, and Industry Bodies . 17

2.7 Digital Identity Verification Ecosystem and Market Segmentation . 19

2.8 Challenges with Digital Identity Verification . 20

3. Verified Identity ? Segment Analysis

3.1 Segment Analysis . 23

3.1.1 Gaming . 23

3.1.2 Retail . 24

3.1.3 Government Services . 25

3.1.4 Financial Services . 26

3.1.5 Healthcare . 27

3.1.6 Mobile Network Operator Services . 28

4. Juniper Research Competitor Leaderboard & Vendor Profiles

4.1 Why Read This Report? . 30

Table.4.1: Juniper Research Competitor Leaderboard: Digital Identity

Verifcation Vendors Included & Product Portfolio . 31

Figure 4.2: Juniper Research Competitor Leaderboard for Digital Identity

Verification Vendors . 32

Table 4.3: Juniper Research Competitor Leaderboard: Digital Identity

Verification Vendors & Positioning . 32

Table 4.4: Juniper Research Competitive Leaderboard Heatmap: Digital

Identity Verification Vendors . 33

4.2 Digital Identity Verification Vendor Profiles . 34

4.2.1 Callsign . 34

i. Corporate . 34

Table 4.5: Callsign’s Funding Rounds . 34

ii. Geographical Spread . 34

iii. Key Clients & Strategic Partnerships . 34

iv. High-level View of Offerings. 34

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 35

4.2.2 Experian . 35

i. Corporate . 35

Table 4.6: Experian’s Financial Snapshot ($m) FY, (2019-2021) . 36

ii. Geographical Spread . 36

iii. Key Clients & Strategic Partnerships . 36

iv. High-level View of Offerings. 36

Figure 4.7: Cross Core Platform Infrastructure and Processes . 37

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 38

4.2.3 GBG . 38

i. Corporate . 38

Table 4.8: GBG’s Financial Snapshot 2021 (￡m), FYE 31st March . 38

ii. Geographical Spread . 38

iii. Key Clients & Strategic Partnerships . 38

iv. High-level View of Offerings . 39

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 40

4.2.4 Jumio . 40

i. Corporate . 40

ii. Geographical Spread . 41

iii. Key Clients & Strategic Partnerships . 41

iv. High-level View of Offerings . 41

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 42

4.2.5 KYC-Chain . 42

i. Corporate . 42

ii. Geographical Spread . 42

iii. Key Clients & Strategic Partnerships . 42

iv. High-level View of Offerings . 43

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 44

4.2.6 LexisNexis Risk Solutions . 44

i. Corporate . 44

ii. Geographical Spread . 44

iii. Key Clients & Strategic Partnerships . 44

iv. High-level View of Offerings . 44

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 45

4.2.7 Microsoft . 45

i. Corporate . 45

ii. Geographical Spread . 45

iii. Key Clients & Strategic Partnerships . 45

iv. High-level View of Offerings. 46

Figure 4.9: Azure AD . 46

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 47

4.2.8 Onfido . 47

i. Corporate . 47

ii. Geographical Spread . 47

iii. Key Clients and Strategic Partnerships. 47

iv. High-level View of Offerings. 48

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 48

4.2.9 Oxyliom Solutions . 48

i. Corporate . 48

ii. Geographical Spread . 49

iii. Key Clients & Strategic Partnerships . 49

iv. High-level View of Offerings. 49

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 49

4.2.10 Ping Identity . 49

i. Corporate . 49

ii. Geographical Spread . 50

iii. Key Clients & Strategic Partnerships . 50

iv. High-level View of Offerings. 50

Figure 4.10: PingOne for Workforce ? Authentication Authority . 51

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 51

4.2.11 SecureKey Technologies . 51

i. Corporate . 51

ii. Geographical Spread . 51

iii. Key Clients & Strategic Partnerships . 51

iv. High-level View of Offerings. 52

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 52

4.2.12 Signicat . 52

i. Corporate . 52

ii. Geographical Spread . 52

iii. Key Clients & Strategic Partnerships . 52

iv. High-level View of Offerings . 53

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 53

4.2.13 Socure . 54

i. Corporate . 54

ii. Geographical Spread . 54

iii. Key Clients & Strategic Partnerships . 54

iv. High-level View of Offerings . 54

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 55

4.2.14 Thales . 55

i. Corporate . 55

ii. Geographical Spread . 55

iii. Key Clients & Strategic Partnerships . 55

iv. High-level View of Offerings . 55

Figure 4.11: Thales’ Digital ID Wallet Security . 56

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 57

4.2.15 Trulioo . 57

i. Corporate . 57

ii. Geographical Spread . 57

iii. Key Clients & Strategic Partnerships . 57

iv. High-level View of Offerings . 57

v. Juniper Research’s View: Strategic Recommendations & Key

Opportunities . 58

4.3 Juniper Research Competitor Leaderboard Assessment Methodology . 59

4.4 Limitations & Interpretation . 59

Table 4.12: Juniper Research Competitor Leaderboard Scoring Criteria ?

Digital Identity Verification . 60

5. Market Forecasts

5.1 Introduction . 62

5.2 Methodology & Assumptions . 62

Figure 5.1: Banking Verification Forecast Methodology . 63

Figure 5.2: eCommerce Verification Forecast Methodology . 64

Figure 5.3: eGovernment Verification Services Forecast Methodology . 65

Figure 5.4: Other Verification Services Forecast Methodology . 66

5.3 Digital Identity Verification Forecasts . 67

5.3.1 Total Volume of Verification Checks . 67

Figure & Table 5.5: Total Volume of Digital Identity Verification Checks per

annum (m), Split by 8 Key Regions, 2022-2027. 67

Table 5.6: Total Volume of Digital Identity Verification Checks per annum

(m), Split by Segment, 2022-2027 . 67

5.3.2 Total Spend on Digital Identity Verification Services . 68

Figure & Table 5.7: Total Spend on Digital Identity Verification Checks per

annum ($m), Split by 8 Key Regions, 2022-2027 . 68

Table 5.8: Total Spend on Digital Identity Verification Checks per annum

($m), Split by Segment, 2022-2027 . 68

5.4 Segment Forecasts . 69

5.4.1 Banking Verification. 69

Figure & Table 5.9: Total Spend on Digital Banking Identity Verification

Checks per annum ($m), Split by 8 Key Regions, 2022-2027 . 69

5.4.2 eCommerce Verification . 70

Figure & Table 5.10: Total Spend on Digital Identity Verification for

eCommerce Payments per annum ($m), Split by 8 Key Regions, 2022-2027

. 70

5.4.3 eGovernment Verification . 71

Figure & Table 5.11: Total Government Spend on Digital Identity Verification

Checks for eGovernment Services per annum ($m), Split by 8 Key Regions,

2022-2027 . 71

5.4.4 Other Verification Services . 72

Figure & Table 5.12: Total Spend on Digital Identity Verification for Other

Verification Services ($m), Split by 8 Key Regions, 2022-2027 . 72