Published: 30 Apr 2023 | Report Code: 10247739 | Pages: 199
Asia Pacific Digital Identity Solutions Market will grow by 18.6% annually with a total addressable market cap of $201,418.1 million over 2023-2032, owing to rising identity and authentication frauds, digitization trend with increased integration of biometrics in smartphones, and increased focus on enhanced end-to-end customer experience. Highlighted with 97 tables and 65 figures, this 199-page report “Asia Pacific Digital Identity Solutions Market 2022-2032 by Offering (Hardware, Software, IDaaS), Technology (Biometrics, Non-Biometrics), Authentication Type, Deployment Mode, Organization Size, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on holistic research of the entire Asia Pacific Digital Identity Solutions Market and all its sub-segments through extensively detailed classifications.
Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include the identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Five Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific digital identity solutions market in every aspect of the classification from perspectives of Offering, Technology, Authentication Type, Deployment Mode, Organization Size, Industry Vertical, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Hardware
• Software
• Identity-as-a-Service (IDaaS)
Based on Technology, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Biometrics
o Fingerprint Recognition
o Facial Recognition
o Iris Recognition
o Voice Recognition
o Palm/Hand Recognition
o Other Biometric Identities
• Non-Biometrics
Based on Authentication Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Single-Factor Authentication
• Multi-Factor Authentication
o Two-Factor Authentication
o Three-Factor Authentication
o Four-Factor Authentication
Based on Deployment Mode, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• On-Premises Solutions
• Cloud-based Solutions
• Hybrid Solutions
Based on Organization Size, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Small and Medium-Sized Enterprises
• Large Enterprises
Based on Industry Vertical, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) for 2022-2032 included in each section.
• Banking, Financial Services, and Insurance
• Government and Public Service
• Retail and Ecommerce
• Media and Entertainment
• Manufacturing
• Healthcare
• IT and Telecom
• Energy and Utilities
• Cryptocurrency
• Other Industry Verticals
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Technology, Authentication Type, and Industry Vertical over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players. Specifically, potential risks associated with investing in Asia Pacific digital identity solutions market are assayed quantitatively and qualitatively through GMD’s Risk Assessment System. According to the risk analysis and evaluation, Critical Success Factors (CSFs) are generated as a guidance to help investors & stockholders identify emerging opportunities, manage and minimize the risks, develop appropriate business models, and make wise strategies and decisions.
Key Players (this may not be a complete list and extra companies can be added upon request):
AU10TIX
Avanade Inc.
Akamai Technologies
BioID Technology
Daon, Inc.
Duo Security (Cisco)
DXC Technology Company
Fingerprint Cards Ab
ForgeRock
GB Group plc (GBG)
Gemalto NV (Thales Group)
IDEMIA France SAS
ImageWare Systems Inc.
IriTech Inc.
Jumio
NEC Corporation
OneLogin
Precise Biometrics AB
Refinitiv
Samsung SDS
SmilePass Ltd.
TelosID
Telus
Tessi
Verisec
Vintegris Tech
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
Table of Contents: 1 Introduction 10 1.1 Industry Definition and Research Scope 10 1.1.1 Industry Definition 10 1.1.2 Research Scope 11 1.2 Research Methodology 14 1.2.1 Overview of Market Research Methodology 14 1.2.2 Market Assumption 15 1.2.3 Secondary Data 15 1.2.4 Primary Data 15 1.2.5 Data Filtration and Model Design 16 1.2.6 Market Size/Share Estimation 17 1.2.7 Research Limitations 18 1.3 Executive Summary 19 2 Market Overview and Dynamics 22 2.1 Market Size and Forecast 22 2.1.1 Impact of COVID-19 on World Economy 27 2.1.2 Impact of COVID-19 on the Market 30 2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 32 2.2 Major Growth Drivers 36 2.3 Market Restraints and Challenges 40 2.4 Emerging Opportunities and Market Trends 43 2.5 Porter’s Fiver Forces Analysis 47 3 Segmentation of Asia Pacific Market by Offering 51 3.1 Market Overview by Offering 51 3.2 Hardware 53 3.3 Software 54 3.4 Identity-as-a-Service (IDaaS) 55 4 Segmentation of Asia Pacific Market by Technology 56 4.1 Market Overview by Technology 56 4.2 Biometrics 58 4.2.1 Fingerprint Recognition 60 4.2.2 Facial Recognition 61 4.2.3 Iris Recognition 62 4.2.4 Voice Recognition 63 4.2.5 Palm/Hand Recognition 64 4.2.6 Other Biometric Identities 65 4.3 Non-Biometrics 66 5 Segmentation of Asia Pacific Market by Authentication Type 67 5.1 Market Overview by Authentication Type 67 5.2 Single-Factor Authentication 69 5.3 Multi-Factor Authentication 70 5.3.1 Two-Factor Authentication 72 5.3.2 Three-Factor Authentication 73 5.3.3 Four-Factor Authentication 74 6 Segmentation of Asia Pacific Market by Deployment Mode 75 6.1 Market Overview by Deployment Mode 75 6.2 On-Premises Solutions 77 6.3 Cloud-based Solutions 78 6.4 Hybrid Solutions 79 7 Segmentation of Asia Pacific Market by Organization Size 80 7.1 Market Overview by Organization Size 80 7.2 Small and Medium-Sized Enterprises 82 7.3 Large Enterprises 83 8 Segmentation of Asia Pacific Market by Industry Vertical 84 8.1 Market Overview by Industry Vertical 84 8.2 Banking, Financial Services, and Insurance 86 8.3 Government and Public Service 87 8.4 Retail and Ecommerce 88 8.5 Media and Entertainment 89 8.6 Manufacturing 90 8.7 Healthcare 91 8.8 IT and Telecom 92 8.9 Energy and Utilities 93 8.10 Cryptocurrency 94 8.11 Other Industry Verticals 95 9 Asia-Pacific Market 2022-2032 by Country 96 9.1 Overview of Asia-Pacific Market 96 9.2 Japan 99 9.3 China 102 9.4 Australia 104 9.5 India 106 9.6 South Korea 108 9.7 Rest of APAC Region 111 10 Competitive Landscape 113 10.1 Overview of Key Vendors 113 10.2 New Product Launch, Partnership, Investment, and M&A 116 10.3 Company Profiles 117 AU10TIX 117 Avanade Inc. 119 Akamai Technologies, Inc. 122 BioID Technology 124 Daon, Inc. 127 Duo Security (Cisco) 130 DXC Technology Company 132 Fingerprint Cards Ab 135 ForgeRock 139 GB Group plc (GBG) 143 Gemalto NV (Thales Group) 145 IDEMIA France SAS 152 ImageWare Systems Inc. 156 IriTech Inc. 160 Jumio 162 NEC Corporation 165 OneLogin 171 Precise Biometrics AB 173 Refinitiv 176 Samsung SDS 178 SmilePass Ltd. 180 TelosID 182 Telus 184 Tessi 187 Verisec 189 Vintegris Tech 191 11 Investing in Asia Pacific Market: Risk Assessment and Management 193 11.1 Risk Evaluation of Asia Pacific Market 193 11.2 Critical Success Factors (CSFs) 196 Related Reports and Products 199
List of Tables: Table 1. Snapshot of Asia Pacific Digital Identity Solutions Market in Balanced Perspective, 2022-2032 20 Table 2. World Economic Outlook, 2021-2031 28 Table 3. World Economic Outlook, 2021-2023 29 Table 4. Scenarios for Economic Impact of Ukraine Crisis 33 Table 5. Main Product Trends and Market Opportunities in Asia Pacific Digital Identity Solutions Market 43 Table 6. Asia Pacific Digital Identity Solutions Market by Offering, 2022-2032, $ mn 51 Table 7. Asia Pacific Digital Identity Solutions Market by Technology, 2022-2032, $ mn 56 Table 8. Asia Pacific Digital Identity Solutions Market: Biometrics by Type, 2022-2032, $ mn 59 Table 9. Asia Pacific Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn 67 Table 10. Asia Pacific Digital Identity Solutions Market: Multi-Factor Authentication by Type, 2022-2032, $ mn 71 Table 11. Asia Pacific Digital Identity Solutions Market by Deployment Mode, 2022-2032, $ mn 75 Table 12. Asia Pacific Digital Identity Solutions Market by Organization Size, 2022-2032, $ mn 80 Table 13. Asia Pacific Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn 84 Table 14. APAC Digital Identity Solutions Market by Country, 2022-2032, $ mn 97 Table 15. Japan Digital Identity Solutions Market by Technology, 2022-2032, $ mn 101 Table 16. Japan Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn 101 Table 17. Japan Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn 101 Table 18. China Digital Identity Solutions Market by Technology, 2022-2032, $ mn 103 Table 19. China Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn 103 Table 20. China Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn 103 Table 21. Australia Digital Identity Solutions Market by Technology, 2022-2032, $ mn 105 Table 22. Australia Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn 105 Table 23. Australia Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn 105 Table 24. India Digital Identity Solutions Market by Technology, 2022-2032, $ mn 107 Table 25. India Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn 107 Table 26. India Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn 107 Table 27. South Korea Digital Identity Solutions Market by Technology, 2022-2032, $ mn 109 Table 28. South Korea Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn 109 Table 29. South Korea Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn 109 Table 30. Digital Identity Solutions Market in Rest of APAC by Country/Region, 2022-2032, $ mn 112 Table 31. AU10TIX: Company Snapshot 117 Table 32. AU10TIX: Business Segmentation 118 Table 33. AU10TIX: Product Portfolio 118 Table 34. Avanade Inc.: Company Snapshot 119 Table 35. Avanade Inc.: Product Portfolio 120 Table 36. Akamai Technologies: Company Snapshot 122 Table 37. Akamai Technologies: Product Portfolio 123 Table 38. BioID Technology: Company Snapshot 124 Table 39. BioID Technology: Product Portfolio 125 Table 40. BioID Technology: Recent Developments 126 Table 41. Daon, Inc.: Company Snapshot 127 Table 42. Daon, Inc.: Product Portfolio 128 Table 43. Duo Security: Company Snapshot 130 Table 44. DXC Technology Company: Company Snapshot 132 Table 45. DXC Technology Company: Breakdown of Revenue by Business Segment 133 Table 46. DXC Technology Company: Breakdown of Revenue by Region 133 Table 47. DXC Technology Company: Product Portfolio 133 Table 48. Fingerprint Cards Ab: Company Snapshot 135 Table 49. Fingerprint Cards Ab: Product Portfolio 136 Table 50. Fingerprint Cards Ab: Product Portfolio of Smart Cards 137 Table 51. ForgeRock: Company Snapshot 139 Table 52. ForgeRock: Product Portfolio 140 Table 53. ForgeRock: Revenue Distribution by Region 141 Table 54. ForgeRock: Revenue Distribution by Business Segment 141 Table 55. GB Group plc: Company Snapshot 143 Table 56. Thales Group: Company Snapshot 145 Table 57. Thales Group: Revenue Distribution by Business Segment in 2020 146 Table 58. Thales Group: Revenue Distribution by Region in 2020 146 Table 59. Thales Group: Product Portfolio 147 Table 60. Thales Group: Product Portfolio of Smart Cards 148 Table 61. IDEMIA France SAS: Company Snapshot 152 Table 62. IDEMIA France SAS: Product Portfolio 153 Table 63. ImageWare Systems Inc.: Company Snapshot 156 Table 64. ImageWare Systems Inc.: Product Portfolio 157 Table 65. ImageWare Systems Inc.: Revenue, 2018-2020, $ mn 158 Table 66. ImageWare Systems Inc.: Revenue Distribution by Business Segment in 2019 158 Table 67. IriTech Inc.: Company Snapshot 160 Table 68. IriTech Inc.: Product Portfolio 161 Table 69. IriTech Inc.: Recent Developments 161 Table 70. Jumio: Company Snapshot 162 Table 71. Jumio: Product Portfolio 163 Table 72. NEC Corp.: Company Snapshot 165 Table 73. NEC Corp.: Product Portfolio 166 Table 74. NEC Corp.: Revenue Distribution by Region in 2019 167 Table 75. NEC Corp.: Revenue Distribution by Business Segment in 2019 167 Table 76. OneLogin: Company Snapshot 171 Table 77. OneLogin: Product Portfolio 172 Table 78. Precise Biometrics AB: Company Snapshot 173 Table 79. Precise Biometrics AB: Product Portfolio 174 Table 80. Precise Biometrics AB: Revenue, 2016-2018, SEK million 174 Table 81. Precise Biometrics AB: Revenue Distribution by Region in 2019 174 Table 82. Precise Biometrics AB: Revenue Distribution by Business Segment in 2019 175 Table 83. Precise Biometrics AB: Recent Developments 175 Table 84. Refinitiv: Company Snapshot 176 Table 85. Samsung SDS: Company Snapshot 178 Table 86. SmilePass Ltd.: Company Snapshot 180 Table 87. SmilePass Ltd.: Product Portfolio 181 Table 88. TelosID: Company Snapshot 182 Table 89. TelosID: Product Portfolio 183 Table 90. Telus: Company Snapshot 184 Table 91. Telus: Product Portfolio 185 Table 92. Telus: Revenue Distribution by Business Segment 185 Table 93. Tessi: Company Snapshot 187 Table 94. Verisec: Company Snapshot 189 Table 95. Vintegris Tech: Company Snapshot 191 Table 96. Risk Evaluation for Investing in Asia Pacific Market, 2022-2032 194 Table 97. Critical Success Factors and Key Takeaways 197
List of Figures: Figure 1. Research Method Flow Chart 14 Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 17 Figure 3. Asia Pacific Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 19 Figure 4. Asia Pacific Digital Identity Solutions Market, 2022-2032, $ mn 22 Figure 5. Components of Digital Identity 23 Figure 6. Impact of COVID-19 on Business 30 Figure 7. Primary Drivers and Impact Factors of Asia Pacific Digital Identity Solutions Market 36 Figure 8. World 5G Technology Market, 2019-2030, $ bn 39 Figure 9. World Cybersecurity Market, 2019-2030, $ bn 39 Figure 10. Primary Restraints and Impact Factors of Asia Pacific Digital Identity Solutions Market 40 Figure 11. Challenges of Digital Identity 42 Figure 12. Investment Opportunity Analysis 44 Figure 13. Porter’s Fiver Forces Analysis of Asia Pacific Digital Identity Solutions Market 47 Figure 14. Breakdown of Asia Pacific Digital Identity Solutions Market by Offering, 2022-2032, % of Revenue 52 Figure 15. Asia Pacific Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%) 52 Figure 16. Asia Pacific Digital Identity Solutions Market by Offering: Hardware, 2022-2032, $ mn 53 Figure 17. Asia Pacific Digital Identity Solutions Market by Offering: Software, 2022-2032, $ mn 54 Figure 18. Asia Pacific Digital Identity Solutions Market by Offering: Identity-as-a-Service (IDaaS), 2022-2032, $ mn 55 Figure 19. Breakdown of Asia Pacific Digital Identity Solutions Market by Technology, 2022-2032, % of Sales Revenue 57 Figure 20. Asia Pacific Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%) 57 Figure 21. Asia Pacific Digital Identity Solutions Market by Technology: Biometrics, 2022-2032, $ mn 58 Figure 22. Asia Pacific Digital Identity Solutions Market by Biometrics: Fingerprint Recognition, 2022-2032, $ mn 60 Figure 23. Asia Pacific Digital Identity Solutions Market by Biometrics: Facial Recognition, 2022-2032, $ mn 61 Figure 24. Asia Pacific Digital Identity Solutions Market by Biometrics: Iris Recognition, 2022-2032, $ mn 62 Figure 25. Asia Pacific Digital Identity Solutions Market by Biometrics: Voice Recognition, 2022-2032, $ mn 63 Figure 26. Asia Pacific Digital Identity Solutions Market by Biometrics: Palm/Hand Recognition, 2022-2032, $ mn 64 Figure 27. Asia Pacific Digital Identity Solutions Market by Biometrics: Other Biometric Identities, 2022-2032, $ mn 65 Figure 28. Asia Pacific Digital Identity Solutions Market by Technology: Non-Biometrics, 2022-2032, $ mn 66 Figure 29. Breakdown of Asia Pacific Digital Identity Solutions Market by Authentication Type, 2022-2032, % of Sales Revenue 68 Figure 30. Asia Pacific Addressable Market Cap in 2023-2032 by Authentication Type, Value ($ mn) and Share (%) 68 Figure 31. Asia Pacific Digital Identity Solutions Market by Authentication Type: Single-Factor Authentication, 2022-2032, $ mn 69 Figure 32. Asia Pacific Digital Identity Solutions Market by Authentication Type: Multi-Factor Authentication, 2022-2032, $ mn 70 Figure 33. Asia Pacific Digital Identity Solutions Market by Multi-Factor Authentication: Two-Factor Authentication, 2022-2032, $ mn 72 Figure 34. Asia Pacific Digital Identity Solutions Market by Multi-Factor Authentication: Three-Factor Authentication, 2022-2032, $ mn 73 Figure 35. Asia Pacific Digital Identity Solutions Market by Multi-Factor Authentication: Four-Factor Authentication, 2022-2032, $ mn 74 Figure 36. Breakdown of Asia Pacific Digital Identity Solutions Market by Deployment Mode, 2022-2032, % of Revenue 76 Figure 37. Asia Pacific Addressable Market Cap in 2023-2032 by Deployment Mode, Value ($ mn) and Share (%) 76 Figure 38. Asia Pacific Digital Identity Solutions Market by Deployment Mode: On-Premises Solutions, 2022-2032, $ mn 77 Figure 39. Asia Pacific Digital Identity Solutions Market by Deployment Mode: Cloud-based Solutions, 2022-2032, $ mn 78 Figure 40. Asia Pacific Digital Identity Solutions Market by Deployment Mode: Hybrid Solutions, 2022-2032, $ mn 79 Figure 41. Breakdown of Asia Pacific Digital Identity Solutions Market by Organization Size, 2022-2032, % of Revenue 81 Figure 42. Asia Pacific Addressable Market Cap in 2023-2032 by Organization Size, Value ($ mn) and Share (%) 81 Figure 43. Asia Pacific Digital Identity Solutions Market by Organization Size: Small and Medium-Sized Enterprises, 2022-2032, $ mn 82 Figure 44. Asia Pacific Digital Identity Solutions Market by Organization Size: Large Enterprises, 2022-2032, $ mn 83 Figure 45. Breakdown of Asia Pacific Digital Identity Solutions Market by Industry Vertical, 2022-2032, % of Revenue 85 Figure 46. Asia Pacific Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%) 85 Figure 47. Asia Pacific Digital Identity Solutions Market by Industry Vertical: Banking, Financial Services, and Insurance, 2022-2032, $ mn 86 Figure 48. Asia Pacific Digital Identity Solutions Market by Industry Vertical: Government and Public Service, 2022-2032, $ mn 87 Figure 49. Asia Pacific Digital Identity Solutions Market by Industry Vertical: Retail and Ecommerce, 2022-2032, $ mn 88 Figure 50. Asia Pacific Digital Identity Solutions Market by Industry Vertical: Media and Entertainment, 2022-2032, $ mn 89 Figure 51. Asia Pacific Digital Identity Solutions Market by Industry Vertical: Manufacturing, 2022-2032, $ mn 90 Figure 52. Asia Pacific Digital Identity Solutions Market by Industry Vertical: Healthcare, 2022-2032, $ mn 91 Figure 53. Asia Pacific Digital Identity Solutions Market by Industry Vertical: IT and Telecom, 2022-2032, $ mn 92 Figure 54. Asia Pacific Digital Identity Solutions Market by Industry Vertical: Energy and Utilities, 2022-2032, $ mn 93 Figure 55. Asia Pacific Digital Identity Solutions Market by Industry Vertical: Cryptocurrency, 2022-2032, $ mn 94 Figure 56. Asia Pacific Digital Identity Solutions Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn 95 Figure 57. Breakdown of APAC Digital Identity Solutions Market by Country, 2022 and 2032, % of Revenue 97 Figure 58. Contribution to APAC 2023-2032 Cumulative Revenue by Country, Value ($ mn) and Share (%) 98 Figure 59. Digital Identity Solutions Market in Japan, 2022-2032, $ mn 100 Figure 60. Digital Identity Solutions Market in China, 2022-2032, $ mn 102 Figure 61. Digital Identity Solutions Market in Australia, 2022-2032, $ mn 104 Figure 62. Digital Identity Solutions Market in India, 2022-2032, $ mn 106 Figure 63. Digital Identity Solutions Market in South Korea, 2022-2032, $ mn 108 Figure 64. Digital Identity Solutions Market in Rest of APAC, 2022-2032, $ mn 111 Figure 65. Growth Stage of Asia Pacific Digital Identity Solutions Industry over the Forecast Period 113
Key Players (this may not be a complete list and extra companies can be added upon request): AU10TIX Duo Security (Cisco) ForgeRock GBG IDEMIA Imageware Systems Jumio NEC Refinitiv Samsung SDS Telus Tessi Thales Group Verisec Vintegris Tech