Market Research Future (MRFR) has published a cooked research report on the “Global Digital Identity in Airports Market” that contains information from 2018 to 2032. The Digital Identity in Airports market is estimated to register a CAGR of 19.3% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global digital identity in airports market — NEC (Japan), Samsung SDS (South Korea),Thales (France), Telus (Canada), IDEMIA,(France), GBG (UK), Tessi (France), Daon (US),ForgeRock (US), ImageWare (US), Jumio (US),iProov (UK), ID R&D (US), Refinitiv (UK),OneSpan (US), Smartmatic (UK), Freja EID, Group (Sweden), Vintegris (Spain), AU10TIX, (Israel), Signicat (Norway), Duo Security (US),Syntizen (India), Hashcash Consultant (US) and Good Digital Identity (Czech Republic).
Digital Identity in Airports Market Highlights
The global Digital Identity in Airports market is accounted to register a CAGR of 19.3% during the forecast period and is estimated to reach USD 6.21 Billion by 2032.
The digital identity in airports market is a rapidly evolving sector that leverages advanced technologies to enhance the passenger experience and improve security within airport environments. It involves the use of biometrics, such as facial recognition and fingerprint scanning, to streamline check-in, security checks, and boarding processes. This market is driven by the need to reduce wait times, enhance security measures, and provide a more convenient and efficient travel experience for passengers in airports worldwide.
Segment Analysis
The global digital identity in airports market has been segmented based on offering, solution type, identity type and organization size.
On the basis of offering, the market is segmented into, solutions and services. Solutions segment dominated the global market in 2022. This can be attributed to an increase in the use of internet services offered by commercial businesses.
Based on solution type, the global digital identity in airports market has been segmented into identity verification, authentication, identity lifecycle management, and other solution types. Identity Verification segment dominated the global Digital Identity in Airports market in 2022. The growing adoption of digital IDs in airports all across the world explains this.
Based on identity type, the global digital identity in airports market has been segmented into biometric and non-biometric. Biometric segment dominated the global Digital Identity in Airports market in 2022. Passwords were frequently the entry point for digital identity solutions before moving on to biometric authentication techniques like fingerprint, facial recognition, retina or eye scan, handprint, and voice recognition.
Based on organization size the global digital identity in airports market has been segmented into large organization and SMEs. SMEs segment dominated the global market in 2022. Due to their small employee sizes and limited financial resources, SMEs struggle with a variety of IT issues.
Regional Analysis
The global digital identity in airports market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Digital Identity in Airports market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Digital Identity in Airports market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Digital Identity in Airports market comprises of Middle East, Africa, and Latin America.
The North American regional sector continued to hold the biggest market share for digital identity in airports. The use of electric vehicles in the region and increased research and development for hydrogen generation are credited for this rise. Increased investor investments, government assistance, and the practicality of the technology in the area are further factors fostering market expansion. The U.S. market is impacted by the adoption of strict regulations, the rising trend of employing green fertilizers, the large presence of big technology suppliers, and major production firms.
Moreover, the Europe digital identity in airports market dominated this market in 2022. The increasing frequency of identity frauds is what drives the government to focus on strengthening its digital identification system. Different federal, state, provincial, and municipal organizations in the area have different criteria and specifications for these projects.
Additionally, from 2023 to 2032, it's anticipated that the Asia Pacific digital identity in airports market would develop significantly. Asia Pacific is anticipated to have phenomenal growth over the forecast period. Changi Airport in Singapore, Kempegowda International Airport in Bengaluru, and Hong Kong International Airport are a few of Asia's top airports. Each of the three have agreed to participate in significant biometrics-related studies that will be essential in determining how future airport visitors will view them. In the Asia Pacific region, substantial expenditures have been made in IT infrastructure, including modern security measures, digital identity management, and data analytics. These innovations provide a strong foundation for the adoption of digital identity in airports.
Furthermore, the rest of the world's digital identity in airports market is divided into the Middle East, Africa, and Latin America. The Digital Identity in Airports market in Latin America is witnessing significant growth, driven by the region's increasing air travel and a growing emphasis on security and efficiency. This market encompasses biometric technologies like facial recognition and fingerprint scanning to streamline passenger processes, including check-in and boarding. Latin American airports are adopting digital identity solutions to enhance security measures, reduce wait times, and provide travelers with a smoother and more convenient airport experience, aligning with global trends in airport technology innovation.
Key Findings of the Study
- The global digital identity in airports market is expected to reach USD 6.21 Billion by 2032, at a CAGR of 19.3% during the forecast period.
- The Asia-Pacific region accounted for the fastest-growing global market. The forecast term is expected to see tremendous growth in Asia Pacific. Asia's top airports include Changi Airport in Singapore, Kempegowda International Airport in Bengaluru, and Hong Kong International Airport, among others.
- Based on organization size, the SMEs segment was attributed to holding the largest market in 2022.
- NEC (Japan), Samsung SDS (South Korea),Thales (France), Telus (Canada), IDEMIA,(France), GBG (UK), Tessi (France), Daon (US),ForgeRock (US), ImageWare (US), Jumio (US),iProov (UK), ID R&D (US), Refinitiv (UK),OneSpan (US), Smartmatic (UK), Freja EID, Group (Sweden), Vintegris (Spain), AU10TIX, (Israel), Signicat (Norway), Duo Security (US),Syntizen (India), Hashcash Consultant (US), and Good Digital Identity (Czech Republic) are key market players.
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Companies Covered | 15 |
Pages | 128 |
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