Asia Pacific digital identity solutions market will grow by 18.6% annually with a total addressable market cap of $201,418.1 million over 2023-2032, owing to rising identity and authentication frauds, digitization trend with increased integration of biometrics in smartphones, and increased focus on enhanced end-to-end customer experience.
Highlighted with 97 tables and 65 figures, this 199-page report “Asia Pacific Digital Identity Solutions Market 2022-2032 by Offering (Hardware, Software, IDaaS), Technology (Biometrics, Non-Biometrics), Authentication Type, Deployment Mode, Organization Size, Industry Vertical, and Country: Trend Forecast and Growth Opportunity” is based on a holistic research of the entire Asia Pacific digital identity solutions market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific digital identity solutions market in every aspect of the classification from perspectives of Offering, Technology, Authentication Type, Deployment Mode, Organization Size, Industry Vertical, and Country.
Based on Offering, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ 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.)
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
