Identity Capture and Verification in Western Europe: Market Outlook Through 2028

 



QKS Group Projects Above-Average Growth for the Identity Capture and Verification Market in Western Europe by 2028.

The Identity Capture and Verification market in Western Europe is on a positive growth trajectory, with expectations of an above-average CAGR by 2028. This growth is fueled by ongoing investments in advanced technologies and increasing focus on regulatory compliance. The integration of artificial intelligence (AI) and machine learning (ML) is set to enhance the speed and accuracy of identity verification processes, helping to combat fraud and improve user experiences.

The region's growing reliance on digital banking, e-commerce, and remote work is also accelerating the demand for reliable identity management solutions. With cybersecurity and data protection remaining top priorities, Western European countries are poised to maintain their leadership in this space. Collaborative efforts between businesses and governments to strengthen digital security infrastructure will further support market expansion.

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Key Questions This Study Addresses:

What is the current and projected competitive landscape of the Identity Capture and Verification market in Western Europe?

What will be the major competitive dynamics influencing the market through 2028?

How are vendors positioning themselves across customer segments, including SMBs and large enterprises?

How do offerings of cloud-based versus on-premises solutions compare among vendors by 2028?

What are the key strengths and limitations of vendors active in the Western Europe market?

What is the market forecast across major industries, and which competitive factors are shaping vendor positioning?

Strategic Market Insights

QKS Group defines Identity Capture and Verification as: “A software application that verifies and authenticates users in real-time using liveness detection methods such as biometric verification and facial recognition to assess the authenticity of individuals. The solution cross-references data from government databases and proprietary document libraries for identity validation. It helps improve security, reduce fraud, automate and personalize customer onboarding, protect Personally Identifiable Information (PII), ensure regulatory compliance, and lower operational costs.”

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Vendors covered in this Study:

Jumio, Onfido, GBG, Sumsub, Socure, Experian, LexisNexis® Risk Solutions, Mitek, IDVerse, AU10TIX, Trustt, TransUnion, IDEMIA, Trulioo, ID.me, Docusign, Thomson Reuters, Ekata (A Mastercard Company), Veriff, iProov, HID Global, IDnow, Incode Technologies, IDmission, Authenteqh and Trust Stamp.

Also Read:

https://qksgroup.com/market-research/market-forecast-identity-capture-and-verification-2024-2028-usa-5551

 

https://qksgroup.com/market-research/market-forecast-identity-capture-and-verification-2024-2028-middle-east-and-africa-5550

 

https://qksgroup.com/market-research/market-forecast-identity-capture-and-verification-2024-2028-asia-excluding-japan-and-china-5544

 

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