Global spending on digital identity verification to rise 55% by 2030: Juniper Research
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Global spending on digital identity verification is projected to rise by 55% from 2026 to 2030, reaching nearly $19 billion by 2026, according to Juniper Research. This growth is driven by stricter regulations, investment in interoperable systems, and a shift towards unified verification platforms. While financial services remain the largest segment, their share is expected to decline as other sectors like e-commerce and gig economy adopt these technologies. Leading vendors include LexisNexis Risk Solutions, Experian, and Thales, known for their advanced verification methods and comprehensive solutions.
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