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Digital Identity Management Solution Market Comprehensive Study With Key Trends, Major Drivers And Forecast by 2028
Digital Identity Management Solution Market
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Companies Profiled in this report includes: NEC, Samsung SDS, Thales Group, GBG, TELUS, Tessi, Daon, IDEMIA, ForgeRock, Jumio
MARKET SEGMENTATION
The global Digital Identity management solution market is segmented on the basis of component, deployment, and enterprise size, and industry vertical.
On the basis of component, the market is segmented as solution, services
On the basis of deployment, the market is segmented as on-premise, and cloud.
On the basis of enterprise size, the market is segmented as SMEs, and Large enterprsie.
On the basis of industry vertical the market is segmented into healthcare, BFSI, retail and e commerce, government and defense, healthcare, others.
MARKET DYNAMICS
Drivers:
Integration of biometrics in smartphones.
Restraints:
Higher cost involved in deploying digital identity solutions..
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IMPACT OF COVID-19 ON Digital Identity management solution MARKET
The rapid spread of the Covid-19 pandemic has triggered a massive financial crisis and created a health crisis across the globe. The ongoing pandemic also had a significant impact on overall international trade and businesses. The outbreak of COVID-19 has slowed down the growth of the Digital Identity management solution market owing to challenges in maintaining operational continuity, securing network data, and adapting to new traffic patterns. Organizations have actively focused on understanding the function of automation in digital transformation due to the pandemic. Moreover, enterprises also learn to measure the Return on Investment (ROI) as compared to other competing initiatives. These factors are expected to have a significant effect on the market over the coming years.
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The Insight Partners is a one stop industry research provider of actionable intelligence. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We specialize in industries such as Semiconductor and Electronics, Aerospace and Defense, Automotive and Transportation, Biotechnology, Healthcare IT, Manufacturing and Construction, Medical Device, Technology, Media and Telecommunications, Chemicals and Materials.
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