Setting

North America 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

Published: 30 Apr 2023 | Report Code: 10247737 | Pages: 192

North America Digital Identity Solutions Market is projected to grow by 15.7% annually in the forecast period and reach $39,563.3 million by 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 90 tables and 62 figures, this 192-page report “North America 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 North America 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 the North America market is forecast in an optimistic, balanced, and conservative view by taking into account COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify the North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America 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:
• U.S.
• Canada
• Mexico 

 

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 North America 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    9
1.1 Industry Definition and Research Scope    9
1.1.1 Industry Definition    9
1.1.2 Research Scope    10
1.2 Research Methodology    13
1.2.1 Overview of Market Research Methodology    13
1.2.2 Market Assumption    14
1.2.3 Secondary Data    14
1.2.4 Primary Data    14
1.2.5 Data Filtration and Model Design    15
1.2.6 Market Size/Share Estimation    16
1.2.7 Research Limitations    17
1.3 Executive Summary    18
2 Market Overview and Dynamics    21
2.1 Market Size and Forecast    21
2.1.1 Impact of COVID-19 on World Economy    26
2.1.2 Impact of COVID-19 on the Market    29
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery    31
2.2 Major Growth Drivers    35
2.3 Market Restraints and Challenges    39
2.4 Emerging Opportunities and Market Trends    42
2.5 Porter’s Fiver Forces Analysis    46
3 Segmentation of North America 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 North America 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 North America 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 North America 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 North America 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 North America 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 North America Market 2022-2032 by Country    96
9.1 Overview of North America Market    96
9.2 U.S.    99
9.3 Canada    102
9.4 Mexico    104
10 Competitive Landscape    106
10.1 Overview of Key Vendors    106
10.2 New Product Launch, Partnership, Investment, and M&A    109
10.3 Company Profiles    110
AU10TIX    110
Avanade Inc.    112
Akamai Technologies, Inc.    115
BioID Technology    117
Daon, Inc.    120
Duo Security (Cisco)    123
DXC Technology Company    125
Fingerprint Cards Ab    128
ForgeRock    132
GB Group plc (GBG)    136
Gemalto NV (Thales Group)    138
IDEMIA France SAS    145
ImageWare Systems Inc.    149
IriTech Inc.    153
Jumio    155
NEC Corporation    158
OneLogin    164
Precise Biometrics AB    166
Refinitiv    169
Samsung SDS    171
SmilePass Ltd.    173
TelosID    175
Telus    177
Tessi    180
Verisec    182
Vintegris Tech    184
11 Investing in North America Market: Risk Assessment and Management    186
11.1 Risk Evaluation of North America Market    186
11.2 Critical Success Factors (CSFs)    189
Related Reports and Products    192


List of Tables:

Table 1. Snapshot of North America Digital Identity Solutions Market in Balanced Perspective, 2022-2032    19
Table 2. World Economic Outlook, 2021-2031    27
Table 3. World Economic Outlook, 2021-2023    28
Table 4. Scenarios for Economic Impact of Ukraine Crisis    32
Table 5. Main Product Trends and Market Opportunities in North America Digital Identity Solutions Market    42
Table 6. North America Digital Identity Solutions Market by Offering, 2022-2032, $ mn    51
Table 7. North America Digital Identity Solutions Market by Technology, 2022-2032, $ mn    56
Table 8. North America Digital Identity Solutions Market: Biometrics by Type, 2022-2032, $ mn    59
Table 9. North America Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn    67
Table 10. North America Digital Identity Solutions Market: Multi-Factor Authentication by Type, 2022-2032, $ mn    71
Table 11. North America Digital Identity Solutions Market by Deployment Mode, 2022-2032, $ mn    75
Table 12. North America Digital Identity Solutions Market by Organization Size, 2022-2032, $ mn    80
Table 13. North America Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn    84
Table 14. North America Digital Identity Solutions Market by Country, 2022-2032, $ mn    97
Table 15. U.S. Digital Identity Solutions Market by Technology, 2022-2032, $ mn    101
Table 16. U.S. Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn    101
Table 17. U.S. Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn    101
Table 18. Canada Digital Identity Solutions Market by Technology, 2022-2032, $ mn    103
Table 19. Canada Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn    103
Table 20. Canada Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn    103
Table 21. Mexico Digital Identity Solutions Market by Technology, 2022-2032, $ mn    105
Table 22. Mexico Digital Identity Solutions Market by Authentication Type, 2022-2032, $ mn    105
Table 23. Mexico Digital Identity Solutions Market by Industry Vertical, 2022-2032, $ mn    105
Table 24. AU10TIX: Company Snapshot    110
Table 25. AU10TIX: Business Segmentation    111
Table 26. AU10TIX: Product Portfolio    111
Table 27. Avanade Inc.: Company Snapshot    112
Table 28. Avanade Inc.: Product Portfolio    113
Table 29. Akamai Technologies: Company Snapshot    115
Table 30. Akamai Technologies: Product Portfolio    116
Table 31. BioID Technology: Company Snapshot    117
Table 32. BioID Technology: Product Portfolio    118
Table 33. BioID Technology: Recent Developments    119
Table 34. Daon, Inc.: Company Snapshot    120
Table 35. Daon, Inc.: Product Portfolio    121
Table 36. Duo Security: Company Snapshot    123
Table 37. DXC Technology Company: Company Snapshot    125
Table 38. DXC Technology Company: Breakdown of Revenue by Business Segment    126
Table 39. DXC Technology Company: Breakdown of Revenue by Region    126
Table 40. DXC Technology Company: Product Portfolio    126
Table 41. Fingerprint Cards Ab: Company Snapshot    128
Table 42. Fingerprint Cards Ab: Product Portfolio    129
Table 43. Fingerprint Cards Ab: Product Portfolio of Smart Cards    130
Table 44. ForgeRock: Company Snapshot    132
Table 45. ForgeRock: Product Portfolio    133
Table 46. ForgeRock: Revenue Distribution by Region    134
Table 47. ForgeRock: Revenue Distribution by Business Segment    134
Table 48. GB Group plc: Company Snapshot    136
Table 49. Thales Group: Company Snapshot    138
Table 50. Thales Group: Revenue Distribution by Business Segment in 2020    139
Table 51. Thales Group: Revenue Distribution by Region in 2020    139
Table 52. Thales Group: Product Portfolio    140
Table 53. Thales Group: Product Portfolio of Smart Cards    141
Table 54. IDEMIA France SAS: Company Snapshot    145
Table 55. IDEMIA France SAS: Product Portfolio    146
Table 56. ImageWare Systems Inc.: Company Snapshot    149
Table 57. ImageWare Systems Inc.: Product Portfolio    150
Table 58. ImageWare Systems Inc.: Revenue, 2018-2020, $ mn    151
Table 59. ImageWare Systems Inc.: Revenue Distribution by Business Segment in 2019    151
Table 60. IriTech Inc.: Company Snapshot    153
Table 61. IriTech Inc.: Product Portfolio    154
Table 62. IriTech Inc.: Recent Developments    154
Table 63. Jumio: Company Snapshot    155
Table 64. Jumio: Product Portfolio    156
Table 65. NEC Corp.: Company Snapshot    158
Table 66. NEC Corp.: Product Portfolio    159
Table 67. NEC Corp.: Revenue Distribution by Region in 2019    160
Table 68. NEC Corp.: Revenue Distribution by Business Segment in 2019    160
Table 69. OneLogin: Company Snapshot    164
Table 70. OneLogin: Product Portfolio    165
Table 71. Precise Biometrics AB: Company Snapshot    166
Table 72. Precise Biometrics AB: Product Portfolio    167
Table 73. Precise Biometrics AB: Revenue, 2016-2018, SEK million    167
Table 74. Precise Biometrics AB: Revenue Distribution by Region in 2019    167
Table 75. Precise Biometrics AB: Revenue Distribution by Business Segment in 2019    168
Table 76. Precise Biometrics AB: Recent Developments    168
Table 77. Refinitiv: Company Snapshot    169
Table 78. Samsung SDS: Company Snapshot    171
Table 79. SmilePass Ltd.: Company Snapshot    173
Table 80. SmilePass Ltd.: Product Portfolio    174
Table 81. TelosID: Company Snapshot    175
Table 82. TelosID: Product Portfolio    176
Table 83. Telus: Company Snapshot    177
Table 84. Telus: Product Portfolio    178
Table 85. Telus: Revenue Distribution by Business Segment    178
Table 86. Tessi: Company Snapshot    180
Table 87. Verisec: Company Snapshot    182
Table 88. Vintegris Tech: Company Snapshot    184
Table 89. Risk Evaluation for Investing in North America Market, 2022-2032    187
Table 90. Critical Success Factors and Key Takeaways    190

List of Figures:

Figure 1. Research Method Flow Chart    13
Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation    16
Figure 3. North America Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032    18
Figure 4. North America Digital Identity Solutions Market, 2022-2032, $ mn    21
Figure 5. Components of Digital Identity    22
Figure 6. Impact of COVID-19 on Business    29
Figure 7. Primary Drivers and Impact Factors of North America Digital Identity Solutions Market    35
Figure 8. World 5G Technology Market, 2019-2030, $ bn    38
Figure 9. World Cybersecurity Market, 2019-2030, $ bn    38
Figure 10. Primary Restraints and Impact Factors of North America Digital Identity Solutions Market    39
Figure 11. Challenges of Digital Identity    41
Figure 12. Investment Opportunity Analysis    43
Figure 13. Porter’s Fiver Forces Analysis of North America Digital Identity Solutions Market    46
Figure 14. Breakdown of North America Digital Identity Solutions Market by Offering, 2022-2032, % of Revenue    52
Figure 15. North America Addressable Market Cap in 2023-2032 by Offering, Value ($ mn) and Share (%)    52
Figure 16. North America Digital Identity Solutions Market by Offering: Hardware, 2022-2032, $ mn    53
Figure 17. North America Digital Identity Solutions Market by Offering: Software, 2022-2032, $ mn    54
Figure 18. North America Digital Identity Solutions Market by Offering: Identity-as-a-Service (IDaaS), 2022-2032, $ mn    55
Figure 19. Breakdown of North America Digital Identity Solutions Market by Technology, 2022-2032, % of Sales Revenue    57
Figure 20. North America Addressable Market Cap in 2023-2032 by Technology, Value ($ mn) and Share (%)    57
Figure 21. North America Digital Identity Solutions Market by Technology: Biometrics, 2022-2032, $ mn    58
Figure 22. North America Digital Identity Solutions Market by Biometrics: Fingerprint Recognition, 2022-2032, $ mn    60
Figure 23. North America Digital Identity Solutions Market by Biometrics: Facial Recognition, 2022-2032, $ mn    61
Figure 24. North America Digital Identity Solutions Market by Biometrics: Iris Recognition, 2022-2032, $ mn    62
Figure 25. North America Digital Identity Solutions Market by Biometrics: Voice Recognition, 2022-2032, $ mn    63
Figure 26. North America Digital Identity Solutions Market by Biometrics: Palm/Hand Recognition, 2022-2032, $ mn    64
Figure 27. North America Digital Identity Solutions Market by Biometrics: Other Biometric Identities, 2022-2032, $ mn    65
Figure 28. North America Digital Identity Solutions Market by Technology: Non-Biometrics, 2022-2032, $ mn    66
Figure 29. Breakdown of North America Digital Identity Solutions Market by Authentication Type, 2022-2032, % of Sales Revenue    68
Figure 30. North America Addressable Market Cap in 2023-2032 by Authentication Type, Value ($ mn) and Share (%)    68
Figure 31. North America Digital Identity Solutions Market by Authentication Type: Single-Factor Authentication, 2022-2032, $ mn    69
Figure 32. North America Digital Identity Solutions Market by Authentication Type: Multi-Factor Authentication, 2022-2032, $ mn    70
Figure 33. North America Digital Identity Solutions Market by Multi-Factor Authentication: Two-Factor Authentication, 2022-2032, $ mn    72
Figure 34. North America Digital Identity Solutions Market by Multi-Factor Authentication: Three-Factor Authentication, 2022-2032, $ mn    73
Figure 35. North America Digital Identity Solutions Market by Multi-Factor Authentication: Four-Factor Authentication, 2022-2032, $ mn    74
Figure 36. Breakdown of North America Digital Identity Solutions Market by Deployment Mode, 2022-2032, % of Revenue    76
Figure 37. North America Addressable Market Cap in 2023-2032 by Deployment Mode, Value ($ mn) and Share (%)    76
Figure 38. North America Digital Identity Solutions Market by Deployment Mode: On-Premises Solutions, 2022-2032, $ mn    77
Figure 39. North America Digital Identity Solutions Market by Deployment Mode: Cloud-based Solutions, 2022-2032, $ mn    78
Figure 40. North America Digital Identity Solutions Market by Deployment Mode: Hybrid Solutions, 2022-2032, $ mn    79
Figure 41. Breakdown of North America Digital Identity Solutions Market by Organization Size, 2022-2032, % of Revenue    81
Figure 42. North America Addressable Market Cap in 2023-2032 by Organization Size, Value ($ mn) and Share (%)    81
Figure 43. North America Digital Identity Solutions Market by Organization Size: Small and Medium-Sized Enterprises, 2022-2032, $ mn    82
Figure 44. North America Digital Identity Solutions Market by Organization Size: Large Enterprises, 2022-2032, $ mn    83
Figure 45. Breakdown of North America Digital Identity Solutions Market by Industry Vertical, 2022-2032, % of Revenue    85
Figure 46. North America Addressable Market Cap in 2023-2032 by Industry Vertical, Value ($ mn) and Share (%)    85
Figure 47. North America Digital Identity Solutions Market by Industry Vertical: Banking, Financial Services, and Insurance, 2022-2032, $ mn    86
Figure 48. North America Digital Identity Solutions Market by Industry Vertical: Government and Public Service, 2022-2032, $ mn    87
Figure 49. North America Digital Identity Solutions Market by Industry Vertical: Retail and Ecommerce, 2022-2032, $ mn    88
Figure 50. North America Digital Identity Solutions Market by Industry Vertical: Media and Entertainment, 2022-2032, $ mn    89
Figure 51. North America Digital Identity Solutions Market by Industry Vertical: Manufacturing, 2022-2032, $ mn    90
Figure 52. North America Digital Identity Solutions Market by Industry Vertical: Healthcare, 2022-2032, $ mn    91
Figure 53. North America Digital Identity Solutions Market by Industry Vertical: IT and Telecom, 2022-2032, $ mn    92
Figure 54. North America Digital Identity Solutions Market by Industry Vertical: Energy and Utilities, 2022-2032, $ mn    93
Figure 55. North America Digital Identity Solutions Market by Industry Vertical: Cryptocurrency, 2022-2032, $ mn    94
Figure 56. North America Digital Identity Solutions Market by Industry Vertical: Other Industry Verticals, 2022-2032, $ mn    95
Figure 57. Breakdown of North America Digital Identity Solutions Market by Country, 2022 and 2032, % of Revenue    97
Figure 58. Contribution to North America 2023-2032 Cumulative Revenue by Country, Value ($ mn) and Share (%)    98
Figure 59. U.S. Digital Identity Solutions Market, 2022-2032, $ mn    100
Figure 60. Canada Digital Identity Solutions Market, 2022-2032, $ mn    102
Figure 61. Digital Identity Solutions Market in Mexico, 2015-2032, $ mn    104
Figure 62. Growth Stage of North America Digital Identity Solutions Industry over the Forecast Period    106

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