Global Digital ID Wallet Market Growth (Status and Outlook) 2025-2031

The global Digital ID Wallet market size is predicted to grow from US$ 323 million in 2025 to US$ 751 million in 2031; it is expected to grow at a CAGR of 15.1% from 2025 to 2031.

A digital ID wallet is an app that allows you to store, manage, and share your personal identity and credential information online. This information can include things like your name, date of birth, driver's license, and other data.

Governments worldwide are actively promoting digital identity programs. For instance, the European Union has introduced the European Digital Identity Wallet as part of the eIDAS regulation, allowing EU citizens to securely authenticate and access digital services. Similarly, countries like India have rolled out Aadhaar-based digital identity programs. These initiatives provide strong support for the Digital ID Wallet market by establishing frameworks and standards for secure digital identity systems. With the increase in data breaches and identity theft, consumers are looking for more secure ways to manage and protect their personal information. As more services move online, the need for secure and efficient digital identification solutions has become increasingly important.

LPI (LP Information)' newest research report, the “Digital ID Wallet Industry Forecast” looks at past sales and reviews total world Digital ID Wallet sales in 2024, providing a comprehensive analysis by region and market sector of projected Digital ID Wallet sales for 2025 through 2031. With Digital ID Wallet sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Digital ID Wallet industry.

This Insight Report provides a comprehensive analysis of the global Digital ID Wallet landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyses the strategies of leading global companies with a focus on Digital ID Wallet portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Digital ID Wallet market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Digital ID Wallet and breaks down the forecast by Type, by Application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Digital ID Wallet.

This report presents a comprehensive overview, market shares, and growth opportunities of Digital ID Wallet market by product type, application, key players and key regions and countries.

Segmentation by Type:
Centralized Identity Wallet
Decentralized Identity Wallet

Segmentation by Application:
Financial Services
Government Services
Health Care
Education Industry
Tourism and Transportation
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Thales Group
Google
Apple
IDEMIA
Baidu
Dock Wallet
GET Group Holdings
Singpass
Bluink
ID123 Inc.
Elliott Data Systems
Cyber​​netica

Please note: The report will take approximately 2 business days to prepare and deliver.