Home > Media & Technology > Security and Surveillance > IT Security > Digital Identity Solution Market

Digital Identity Solution Market Share

Report ID: GMI6198
Published Date: Jul 2023
Report Format: PDF

Download Free Sample

Digital Identity Solution Market Share

Major companies operating in the digital identity solution market are:

Microsoft Corporation
IBM Corporation
NEC Corporation
Thales Group
IDEMIA
Okta Inc.,
TELUS.

These companies are focused on strategic partnerships, new product launches, and commercialization efforts for market expansion. They are also heavily investing in research to introduce innovative products and garner the maximum market revenue.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of digital identity solution was reached USD 25.2 billion in 2022 and is estimated to record over 16% CAGR from 2023 to 2032, due to the rising workforces and connected networking devices.

The on-premises deployment model segment held 60% of the market share in 2022, driven by the rising need by organizations to maintain their digital identity solutions within their infrastructure.

North America recorded over 30% of the market share in 2022, owing to the presence of stringent regulations concerning data privacy, security, and identity verification.

Some of the prominent digital identity solution industry players include Microsoft Corporation, IBM Corporation, NEC Corporation, Thales Group, IDEMIA, Okta, Inc., and TELUS.