Global E-Government Identity Management Market
According to a new report published by Introspective Market Research, titled, “E-Government Identity Management Market by Type, Application, Deployment Model, and End-Users: Global Opportunity Analysis and Industry Forecast, 2024–2032,”
Global E-Government Identity Management Market Size Was Valued at USD 20.92 Billion in 2023 and is Projected to Reach USD 45.44 Billion by 2032, Growing at a CAGR of 9.0% From 2024-2032.
E-Government Identity Management is a digital system used by government agencies to authenticate and manage individual identities online. It uses technologies like biometrics, smart cards, and encryption to enhance security, efficiency, and compliance with regulations. It also ensures the protection of sensitive data and seamless user identity management throughout their lifecycle.
According to the e-Government Identity Management Market is segmented into Type, Application, Deployment Model, End-User, and region. By Type, the market is categorized into Private Cloud, Public Cloud, and Mixed Cloud. By Application, the market is categorized into Small & Medium Enterprise and Large Enterprise. Deployment Model categorizes the market into On-premise, Cloud-based, and Hybrid. By End-User, the market is categorized into National Governments, State & Local Governments, and Public Sector Enterprises. By region, it is analyzed across North America (U.S.; Canada; Mexico), Eastern Europe (Bulgaria; The Czech Republic; Hungary; Poland; Romania; Rest of Eastern Europe), Western Europe (Germany; UK; France; Netherlands; Italy; Russia; Spain; Rest of Western Europe), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
The growing need for secure digital services plays a pivotal role in propelling the advancement and adoption of e-government Identity Management. Citizens and businesses are increasingly relying on government online platforms for various services, from tax submissions to accessing healthcare. The surge in cyber threats, identity theft, and fraudulent activities has heightened the importance of robust identity management solutions. Governments acknowledge the necessity to protect sensitive citizen information, ensuring privacy and mitigating risks related to unauthorized access.
The opportunities in e-government Identity Management are notably amplified by the ongoing innovation in biometric technologies. This evolution promises a transformative impact on the accuracy and reliability of identity verification processes. Beyond conventional methods like fingerprints and facial recognition, there are opportunities to explore novel biometric modalities such as voice recognition, behavioral biometrics, and retinal scans. These technological advancements contribute to the fortification of identity verification, making it more resilient against fraudulent activities.
Global E-Government Identity Management Market, Segmentation
The E-Government Identity Management market is segmented based on Type, Application, Deployment Model, and End-Users, and Region.
Type:
The anticipated dominance of the Public Cloud segment in the e-government Identity Management market throughout the forecast period is driven by several pivotal factors. Public Cloud solutions excel in scalability, cost-effectiveness, and flexibility, making them exceptionally appealing for government entities seeking to modernize and digitize their services. The shared resource model inherent in public cloud environments ensures efficient utilization of computing power and storage capacities.
Application:
The expected dominance of the Large Enterprise segment in the e-government Identity Management market throughout the forecast period is influenced by various crucial factors. Large enterprises, given their expansive scale and intricate operations, demand comprehensive and scalable identity management solutions. These solutions are designed to meet the complex needs of a substantial user base, ensuring secure and effective digital interactions. The prevalence of the Large Enterprise segment is also shaped by the significant financial capabilities these organizations possess, enabling them to invest in advanced identity management technologies, fostering innovation and tailored solutions.
Region:
The expectation of Asia Pacific assuming dominance in the e-government Identity Management market throughout the forecast period is grounded in several compelling factors. The region has experienced a rapid acceleration in digital transformation initiatives, with governments in countries like India, China, and South Korea actively investing in advanced technologies. The sheer magnitude of the population in Asia Pacific, coupled with a rising prevalence of internet access, propels the demand for secure and efficient e-government services, necessitating robust identity management solutions.
Some of the leading E-Government Identity Management market players are
- Oracle (US)
- Ping Identity (US)
- Entrust Datacard (US)
- OneSpan (US)
- T-Systems (Germany)
- Veridos Identity Solutions (Germany)
- SAP (Germany)
- Gemalto (France)
- Thales Group (France)
- Morpho (France)
- NEC Corporation (Japan)
- Wipro Limited (India), and and Other Active Players.
Key Industry Development: -
- In April 2023, Saviynt partnered with the world's leading technology and consulting companies, including IBM, to launch the Saviynt Solution Exchange. It is a marketplace of prebuilt solutions that accelerate and optimize organizations' journey to Cloud Identity security.
- In February 2023, Route Mobile Limited ("Route Mobile"), a leading communications platform as a service (CPaaS) provider to enterprises, over-the-top (OTT) players, and mobile operators, announced the launch of TruSense, a digital identity and security software essential to secure digital transactions in a trusted ecosystem by enabling businesses to seamlessly authenticate the end user.
Key Findings of the Study / Key Industry Developments.
- Global E-Government Identity Management Market Size Was Valued at USD 20.92 Billion in 2023 and is Projected to Reach USD 45.44 Billion by 2032, Growing at a CAGR of 9.0% From 2024-2032.
- The growing need for secure digital services plays a pivotal role in propelling the advancement and adoption of e-government Identity Management. Citizens and businesses are increasingly relying on government online platforms for various services, from tax submissions to accessing healthcare.