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The digital identity market is experiencing rapid growth, driven by increasing online interactions, the need for enhanced cybersecurity, and stringent data privacy regulations. Companies are focusing on providing seamless yet secure authentication experiences. Biometrics and AI play a crucial role in evolving solutions. The industry is dynamic, with continuous innovation to combat emerging cyber threats and ensure regulatory compliance.
Total Assets Under Management (AUM)
Digital Identity Market Size in United States
~Approximately 12.5 billion USD (2023)
(16.1% CAGR)
- Increased adoption of online services.
- Growing emphasis on data privacy and security.
- Rise in identity fraud and cyberattacks.
Approximately 12.5 billion