Identity verification market value worldwide 2017-2027

Over the range of 10 years from 2017 to 2027, worldwide spending in the identity verification market is forecast to grow by more than 13 billion U.S. dollars, increasing from 4.93 billion in 2017 to over 18 billion in 2027. Identity verification is an important aspect of information security, as it ensures that only the people with legitimate authority to access information are able to do so, thereby preventing harmful or malicious intrusion to protected information.

Continued growth expected in security and surveillance

    Security surveillance, the act of monitoring a certain activity, place, or person for safety reasons, is a growing market. Technology plays a major role in enhancing security and surveillance capabilities by offering many increasingly technical solutions, such as alarms, access control devices, and video surveillance. Worldwide revenues from security products and services in 2019 increased by ten billion U.S. dollars compared to the previous year. The market size for video surveillance, one of the most widely used technologies in the industry, is expected to triple in 2025, when compared to the 2016 figures.

Identity verification market revenue worldwide from 2017 to 2027

Exclusive Premium statistic

You need a Single Account for unlimited access.

  • Full access to 1m statistics

  • Incl. source references

  • Available to download in PNG, PDF, XLS format

Single Account

$39 $59 per month *
in the first 12 months
33% Discount until September 30th
*Duration: 12 months, billed annually, single license

Access to this and all other statistics on 80,000 topics from

$468 / Year
$708 / Year

Show detailed source information?
Register for free
Already a member?
Log in
Source

Release date

July 2019

Region

Worldwide

Survey time period

2017 to 2019

Statista Accounts: Access All Statistics. Starting from $468 / Year
Basic Account
Get to know the platform

You only have access to basic statistics.
This statistic is not included in your account.

Single Account
Your perfect start with Statista
  • Instant access to 1m statistics
  • Download in XLS, PDF & PNG format
  • Detailed references
$59 $39 / Month *
in the first 12 months
Corporate Account
Full access

Corporate solution including all features.

* All products require an annual contract; Prices do not include sales tax.

Statistics on "Business cyber security in the United Kingdom (UK)"

Statista Accounts: Access All Statistics. Starting from $468 / Year
Learn more about how Statista can support your business.