Identity Verification Market Surges: Projected $38.5B Valuation by 2033, Driven by Innovations and Security Demands

The global identity verification market is predicted to expand at a CAGR of 13.2% over the course of the forecast period, according to FMI. Market value for the sector is anticipated to increase from $11.1 billion in 2023 to $38.5 billion by the end of 2033. Increased legislation and the requirement that businesses operate in accordance with …

Identity Verification Market Set to Grow at 13.2% CAGR, Expected to Reach US$ 38.5 Billion by 2033

The global identity verification market is predicted to expand at a CAGR of 13.2% over the course of the forecast period, according to FMI. Market value for the sector is anticipated to increase from $11.1 billion in 2023 to $38.5 billion by the end of 2033. Increased legislation and the requirement that businesses operate in accordance with …

Identity Verification Market Set to Grow at 13.2% CAGR, Expected to Reach US$ 38.5 Billion by 2033

The global identity verification market is predicted to expand at a CAGR of 13.2% over the course of the forecast period, according to FMI. Market value for the sector is anticipated to increase from $11.1 billion in 2023 to $38.5 billion by the end of 2033. Increased legislation and the requirement that businesses operate in accordance with …

Identity Verification Market is to reach a value of nearly US$ 40 Bn by 2032

The worldwide identity verification market is anticipated to grow at a CAGR of 14.8%. The valuation of the verification market is anticipated to increase from US$ 10 Bn in 2022 to US$ 40 Bn by 2032. Increased digitization ambitions, a surge in fraudulent activities and identity theft over the previous decade, and rising use cases of digital …

Identity Verification Market is predicted to grow at a robust CAGR of 14.8%

The worldwide identity verification market is anticipated to grow at a CAGR of 14.8%. The valuation of the verification market is anticipated to increase from US$ 10 Bn in 2022 to US$ 40 Bn by 2032. Increased digitization ambitions, a surge in fraudulent activities and identity theft over the previous decade, and rising use cases …