Digital Identity in Airports Market Overview
Digital Identity in Airports Market Size was valued at USD 1.02 Billion in 2022. The Digital Identity in Airports market Industry is projected to grow from USD 1.26 Billion in 2023 to USD 6.21 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 19.3% during the forecast period (2023 - 2032). Increased use of commercial businesses' internet services and the popularity of ID wallets, are the key market drivers enhancing the market growth.
Figure 1: Digital Identity in Airports Market Size, 2022-2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Digital Identity in Airports Market Trends
Rise in ID wallet solutions is driving the market growth
The introduction of new ID wallet solutions is expected to provide a significant boost for digital identity systems globally. This new technology defines a secure mobile app to keep digitalized and encrypted copies of ID documents, including identification, driver's licenses, vehicle registration cards, and healthcare credentials. In other words, residents can have a solitary, secure source for all of their ID credentials' identification and ID verification services. These wallets allow users to authenticate themselves and their rights to law enforcement, medical personnel, and other individuals both online and in person. The European Commission proposed the development of a digital ID wallet in June 2021. By 2030, this wallet can be used by more than 80% of EU citizens. The same is being done by China, the US, the UK, Japan, Australia, and other countries. Over 30% of national governments anticipate offering identity wallets for mobile devices by 2024, according to a survey. Similar to this, more than 66% of Americans expect to have a digital wallet, and by 2023, 54% of customers of all ages want to use one that has been issued by a bank.
The processing times for air travelers have grown over the past year due to the growth in air passenger traffic, a lack of airport staff, and Covid-19 travel regulations. Travelers must prove their identities at numerous checkpoints throughout their journey, from the time they check in at the counter to the time they go through security and board the plane at the gates, in addition to dealing with shifting travel restrictions. In light of this, according to Vinoop Goel, Asia-Pacific regional director of airports and external relations for the International Air Transport Association (IATA), airports must offer a contactless and seamless travel experience to meet the escalating demand for air travel in the wake of the pandemic. Thus, driving the Digital Identity in Airports market revenue.
Digital Identity in Airports Market Segment Insights
Digital Identity in Airports Offering Insights
The Digital Identity in Airports Market segmentation, based on Offering, includes Solutions and Services. Solutions segment dominated the global market in 2022. This can be ascribed to an increase in the use of commercial businesses' internet services.
Digital Identity in Airports Solution Type Insights
The Digital Identity in Airports Market segmentation, based on Solution Type, includes Identity Verification, Authentication, Identity Lifecycle Management, and Other Solution Types. Identity Verification segment dominated the Digital Identity in Airports Market in 2022. This is explained by the growing acceptance of digital identities in airports all around the world.
Digital Identity in Airports Identity Type Insights
The Digital Identity in Airports Market segmentation, based on Identity Type, includes Biometric and Non-biometric. Biometric segment dominated the Digital Identity in Airports Market in 2022. Before going on to biometric authentication methods like fingerprint, facial recognition, retina or eye scan, handprint, and voice recognition, passwords were often the starting point for digital identification solutions. Biometric systems employ lock and capture techniques to authenticate users and give access to a certain set of services. The biometric solutions are more secure than the conventional key (or keycard) and password procedures. These solutions also employ multi-factor authentication as a security feature. The market for biometric solutions is rapidly growing as a result of the growing need for digital identification solutions, identity authentication, ID verification, and other services like compliance management and fraud protection.
Digital Identity in Airports Organization Size Insights
The Digital Identity in Airports Market segmentation, based on Organization Size, includes Large Organization and SMEs. SMEs segment dominated the global market in 2022. SMEs face a range of IT problems because of their small staffs and scarce financial resources. As a result, SMEs are increasingly utilizing cloud-based digital identity systems. Since they typically constitute a substantial security risk and do not follow proper identity management standards, SMEs increasingly require digital identity solutions. The increased need from SMES for security, authentication, and verification in order to boost their productivity and pool their knowledge base has prompted vendors to provide a solution at a reasonable price. SMEs' clientele and operational efficiency will grow as a result of their adoption of digital identity systems. Governments in several countries are also taking action to protect SMEs.
Figure 2: Digital Identity in Airports Market, by Organization Size, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Digital Identity in Airports Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Digital Identity in Airports Market dominated this market in 2022 (45.80%). US and Canada are developed nations that make up North America. These nations have built infrastructure and cutting-edge technology. Growing instances of identity theft are what are driving the use of digital identification solutions in this region. Data from the Federal Trade Commission shows that in 2022, it received 2.4 million allegations of fraud, of which 1.1 million were reports of identity theft. Further, the U.S. Digital Identity in Airports market held the largest market share, and the Canada Digital Identity in Airports market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 3: DIGITAL IDENTITY IN AIRPORTS MARKET SHARE BY REGION 2022 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Digital Identity in Airports market accounted for the healthy market share in 2022. The government is motivated to concentrate on bolstering its digital identity system by the high incidence of identity frauds. For these projects, various federal, state, provincial, and local organizations within the region have distinct guidelines and specifications. New technologies like big data and analytics, smartphones, cloud computing, and biometrics are transforming how residents of the region identify themselves online in a variety of sectors, from financial services to healthcare. Further, the German Digital Identity in Airports market held the largest market share, and the U.K Digital Identity in Airports market was the fastest growing market in the European region.
The Asia Pacific Digital Identity in Airports market is expected to register significant growth from 2023 to 2032. 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. Each of the three has committed to important biometrics-related projects that will be crucial in defining how future airport visitors would perceive them. Significant investments have been made in IT infrastructure throughout Asia Pacific, including cutting-edge security measures, digital identity management, and data analytics. These developments offer a solid framework for the implementation of digital identity in airports. Moreover, China’s Digital Identity in Airports market held the largest market share, and the Indian Digital Identity in Airports market was the fastest growing market in the Asia-Pacific region.
Digital Identity in Airports Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the Digital Identity in Airports market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Digital Identity in Airports Industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Digital Identity in Airports Industry to benefit clients and increase the market Solution Type. In recent years, the Digital Identity in Airports Industry has offered some of the most significant advantages to medicine. Major players in the Digital Identity in Airports market, including NEC, Samsung SDS, Thales, Telus, IDEMIA, GBG, Tessi, Daon, ForgeRock, ImageWare, Jumio, iProov, ID R&D, Refinitiv, OneSpan, Smartmatic, Freja EID Group, Vintegris, AU10TIX, Signicat, Duo Security, Syntizen, and Hashcash Consultant Good Digital Identity, are attempting to increase market demand by investing in research and development operations.
A provider of information and network technology solutions is NEC Corp (NEC). The company's product line includes software, supercomputers, personal computers, tablet terminals, aerospace systems, servers, equipment, and network systems for telecommunication carriers. It also includes storage devices, broadcasting video systems, automated teller machines, and software. Additionally, it sells electrical parts and goods such LCD displays, lithium-ion rechargeable batteries, and lighting fixtures. System integration, support, and outsourcing services are all provided by NEC. It provides services to the aerospace, healthcare, retail, agricultural, broadcasting, logistics, financial, government, hospitality, manufacturing, transportation, and telecommunications sectors. In addition to Asia-Pacific, the corporation also operates throughout the Americas, Europe, the Middle East, and Africa. The headquarters of NEC are located in Minato-ku, Tokyo, Japan.
Samsung SDS Co Ltd (Samsung SDS) is a provider of innovative outsourced services in ERP, CRM, cloud, cybersecurity, and business intelligence as well as secure IT infrastructure. Additionally, the business offers solutions for data centers, networks, security, IoT, blockchain, and telecom networks. E-commerce logistics, air, sea, rail, and road transport, warehousing, customs clearance, assessment, and consultancy are among the services it provides.
Key Companies in the Digital Identity in Airports market include
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NEC
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Samsung SDS
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Thales
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Telus
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IDEMIA
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GBG
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Tessi
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Daon
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ForgeRock
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ImageWare
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Jumio
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iProov
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ID R&D
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Refinitiv
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OneSpan
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Smartmatic
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Freja EID Group
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Vintegris
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AU10TIX
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Signicat
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Duo Security
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Syntizen
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Hashcash Consultant
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Good Digital Identity
Digital Identity in Airports Industry Developments
May 2023: As a part of its range of digital banking solutions, iProov collaborated with Wultra to offer the biometric solutions suite.
Digital Identity in Airports Market Segmentation
Digital Identity in Airports Offering Outlook
Digital Identity in Airports Solution Type Outlook
Digital Identity in Airports Identity Type Outlook
Digital Identity in Airports Organization Size Outlook
Digital Identity in Airports Regional Outlook
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Germany
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France
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UK
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Italy
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Spain
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Rest of Europe
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Asia-Pacific
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China
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Japan
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India
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Australia
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South Korea
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Australia
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Rest of Asia-Pacific
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Rest of the World
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Middle East
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Africa
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Latin America
Report Attribute/Metric |
Details |
Market Size 2022 |
USD 1.02 Billion |
Market Size 2023 |
USD 1.26 Billion |
Market Size 2032 |
USD 6.21 Billion |
Compound Annual Growth Rate (CAGR) |
19.3% (2023-2032) |
Base Year |
2022 |
Market Forecast Period |
2023-2032 |
Historical Data |
2018-2022 |
Market Forecast Units |
Value (USD Billion) |
Report Coverage |
Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends |
Segments Covered |
Offering, Solution Type, Identity Type, Organization Size, and Region |
Geographies Covered |
North America, Europe, Asia Pacific, and the Rest of the World |
Countries Covered |
The U.S., Canada, German, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil |
Key Companies Profiled |
NEC, Samsung SDS, Thales, Telus, IDEMIA, GBG, Tessi, Daon, ForgeRock, ImageWare, Jumio, iProov, ID R&D, Refinitiv, OneSpan, Smartmatic, Freja EID Group, Vintegris, AU10TIX, Signicat, Duo Security, Syntizen, and Hashcash Consultant Good Digital Identity |
Key Market Opportunities |
The introduction of AI/ML-powered services and increasing adoption by SMEs |
Key Market Dynamics |
Boost in the usage of online services offered by commercial businesses and rise in ID wallet solutions |
Digital Identity in Airports Market Highlights:
Frequently Asked Questions (FAQ) :
The global Digital Identity in Airports market size was valued at USD 1.02 Billion in 2022.
The global market is projected to grow at a CAGR of 19.3% during the forecast period, 2023-2032.
North America had the largest share in the global market
The key players in the market are NEC, Samsung SDS, Thales, Telus, IDEMIA, GBG, Tessi, Daon, ForgeRock, ImageWare, Jumio, iProov, ID R&D, Refinitiv, OneSpan, Smartmatic, Freja EID Group, Vintegris, AU10TIX, Signicat, Duo Security, Syntizen, and Hashcash Consultant Good Digital Identity.
The Solutions Motorcycle Offering dominated the market in 2022.
The Identity Verification Solution Type had the largest share in the global market.