Identity Verification Market Size Is Projected to Reach USD 18.6 Billion by 2026 : CAGR of 16.6%
The global market size of the identity verification market is expected to grow from 8.6 billion to 18.6 billion at a CAGR of 16.6% during the forecast period. The primary growth drivers for the identity verification market are increase in government initiatives towards digital identity space, stringent regulatory laws, and the need for identity related compliance. Identity verification is one of the central ideas of such stringent regulations.
Enterprises are more focused towards increased adoption of cloud-based identity verification solutions...
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