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Digital Identity - Thematic Intelligence

Publisher GlobalData
Published Dec 06, 2022
Length 64 Pages
SKU # GBDT17577167

Description

Digital Identity - Thematic Intelligence

Summary

Digital identity is a collection of online information about a person, an organization, or a machine, which, when grouped together, can provide a digital representation of that entity. There are many possible use cases, but it took a global pandemic for governments to recognize that vaccination certificates on smartphones enabling foreign travel was the killer app that digital identity could deliver.

China is a clear leader in digital identity. It has the world’s most advanced social credit and surveillance systems and is planning a digital ID card to enable citizens to access services online. The Nordic countries and Estonia are well aware of the benefits of digital identities, as is India, with its Aadhaar ID system. The EU wants to give every citizen digital identity credentials accessible from digital wallets. Australia and New Zealand are edging towards legislation, and the UK and US are playing catch-up.

Financial services regulators’ adoption of anti-money laundering (AML) and know your customer (KYC) identity checks have catalyzed digital identity adoption. Public and private sector interoperability will be a measure of progress. Big Tech is staking its claim. Apple now supports mobile US driving licenses, and Microsoft has embraced decentralized digital IDs. Digital ID verification processes will cover users’ journeys through the metaverse.

Scope
  • This report provides an overview of the digital identity theme.
  • It identifies the key trends impacting growth of the theme over the next 12 to 24 months, classified into three categories: technology trends, macroeconomic trends, and regulatory trends.
  • The industry analysis section includes details of recent M&A activity and analysis of patents, company filings, and hiring data. It also provides a timeline setting out the key milestones in the development of the digital identity theme, along with digital identity use cases across industries.
  • The detailed value chain breaks down digital identity into four segments: digital ID creation, digital ID platforms, digital ID security, and digital ID services.
Reasons to Buy
  • Digital identity is one of the world’s most significant technology trends. Its embrace by governments, financial services organizations, and Big Tech means a revolution in how individuals interact with public and private organizations is underway. This report identifies companies that are well-positioned to benefit from the growth in digital identities over the next few years.

Table of Contents

64 Pages
  • Executive Summary
    • Figure 1: Who are the leading players in the digital identity theme, and where do they sit in the value chain?
    • What is a digital identity?
    • Different types of identity
    • The identity-security-privacy relationship
    • The different models of digital identity
    • Technology trends
    • Macroeconomic trends
    • Regulatory trends
    • Decentralized identities will help deliver an identity revolution
    • In the private sector, transaction monitoring is a key driver of digital identities
    • Financial services organizations are increasing digital identity initiatives
    • Digital identity will play a vital role in the metaverse
    • COVID-19 forced governments to develop their digital identity thinking
    • The EU’s planned wallet will help drive access to online services using digital IDs
    • Big Tech will be a key driver of digital identity
    • Mergers and acquisitions
    • Patent trends
    • Company filings trends
    • Hiring trends
    • Use cases
    • Timeline
    • Figure 19: The digital identity value chain - Digital identity is a branch of cybersecurity software
    • Digital ID creation
    • Digital ID platforms
    • Digital ID security
    • Digital ID services
    • Public companies
    • Private companies
    • Enterprise security software sector scorecard
    • Social media sector scorecard
    • Glossary
    • GlobalData reports
    • Figure 33: Our five-step approach for generating a sector scorecard
  • About GlobalData
  • Contact Us

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