Global Identity Verification Market Overview
The global identity verification market was valued at USD 9.87 billion in 2022 and is forecasted to grow to USD 33.93 billion by 2030, registering a CAGR of 16.7% between 2023 and 2030. This rapid expansion is driven by the rising incidence of identity-related fraud and cybercrime, which is accelerating digital transformation initiatives across various industries.