Global Digital Onboarding Market Overview
The Digital Onboarding Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.
Digital onboarding referred to as remote onboarding is the process of acquiring new customers or subscribing new users to a company or organization by using online tools and software. Verifying the identity of the person onboarded digitally, remotely, and detecting being is the main purpose of digital onboarding in order for a company to make sure that the person is actually who they claim to be. For this purpose, facial biometrics, and liveness detection technology combined with identity document processing are used. Through the digital onboarding process, a new employee acquires all the knowledge required to become an integral part of an organization.
The digital onboarding process changes from company to company but there are some common use cases that will have similar requirements. Capturing and verifying the data of the client, documentation is necessary for regulated organizations like banks, and financial service companies. This can be done by digital onboarding, it gives benefits such as fewer errors, compliance management, decreases manual work, and enhanced customer satisfaction. This rendered to the growth of the market of digital onboarding over the forecast period.
Market Dynamics And Factors For Digital Onboarding Market
Drivers:
Growing Demand In Financial Service Organizations
Digital Onboarding is becoming popular in various financial organizations consisting of banks, insurance companies, accounting firms, and financial advising firms. Digital onboarding is a great solution for this organization because of its higher conversion rates and increased Anti Money Laundering (AML) compliance. This tool provides several benefits which contain improved AML and KYC compliance. The benefits consist of streamlining workflows, enhancing the customer experience, cost-effectiveness, preserving conversion rates, and easy compliance. Digital onboarding declines the company’s time spent on the onboarding program more focused on paperwork and manual processes. The manual process and paperwork take hours for the onboarding process, thus new candidates will face bad experiences during the onboarding process which leads to a negative impact on the organization and onboarding process. They offer end-to-end encrypted online forms to gather personal and sensitive data from candidates in a secure method. It assists the HR department. The benefits of digital onboarding help to increase the demand that reinforced its market growth of it over the forecast period.
Restraints:
Changing Regulations and Security Risks Associated with Digital Onboarding
The continuously changing regulations are the key factor that hinders the market growth of digital onboarding. Government regulations are changing on a monthly or sometimes weekly basis so, banks need to adapt their systems accordingly. Apart from this, growing cyber threats are a major concern among the people. Most organizations move towards the digitalization of business, digital onboarding involves the storage of newly hired employees. Many companies don’t have any resources or technology to develop their security infrastructures. So, this type of company doesn’t hire employees frequently and manages all processes with the traditional onboarding method by avoiding the digital route. These factors hamper the growth of the digital onboarding market during the projected period.
Opportunity:
Opportunity in the Advanced Technology in the Digital Onboarding Tools
The growing adoption of Artificial Intelligence (AI), blockchain, and digital identity biometrics in the onboarding process provides a lucrative opportunity in the digital onboarding market during the forecast periods. AI is not only changing the operation of organizations but also significantly enhancing the experience of the customer. Blockchain is the security of distributed technology used in KYC is helps users to manage their digital identity safely, while businesses and financial institutions can manage customer data reliably and easily. Owing to the advanced technology onboarding process become a quick, convenient, and seamless process for financial institutions that offers a remunerative opportunity for the digital onboarding market.
Segmentation Analysis Of Digital Onboarding Market
By Product Type, the cloud-based segment is anticipated to have maximum market share in the digital onboarding market during the projected timeframe. The growing number of organizational sectors increasing the need for securely stored data and documents. Digital onboarding provides the cloud storage feature that helps to gather the data safely. They can be accessed from anywhere and retrieved easily. These cloud-based tools allow for higher productivity with minimum work. To automate a maximum number of tasks, cloud-based digital onboarding allows the finance and accounting teams and it develops unlimited workflows to handle onboarding needs. The cloud-based digital onboarding rapidly shares and extracted information, to change the demand or requirements of the business, it can make needed changes in the agile response. Data can be viewed simultaneously among the departments or divisions in the organization. So, cloud-based onboarding assists collaborative working across teams and employees. Thus, its numerous benefits supported the growth of the market over the forecast period.
By End-User, the Financial Service segment is expected to dominate the digital onboarding market in the forecast period. The financial sectors include banks, insurance companies, accounting firms, and financial advising firms. Digital onboarding tools are mostly adopted in this sector. It helps new costumer to rapidly sign up online without visiting a bank branch, and check and verify the customer identity data automatically. For a few decades now banks and other financial institutions have been moving their customers onto digital channels. Banks capture data that contains KYC in banking entails ID, face, and document verification by integrating services and tools like image recognition, biometrics, and artificial intelligence (AI). The KYC onboarding process is managing all risks and compliance with the AML (Anti-Money Laundering Laws). The digital onboarding process is the beginning of the relationship between the bank and its potential client. The growing adoption of digital onboarding tools boosts the growth of the market.
Regional Analysis Of Digital Onboarding Market
North America is the dominating region in the digital onboarding market during the forecast period. The market growth is owing to rising automotive, healthcare, BFSI, manufacturing, and other verticals in this region. The presence of key manufacturers, and developed countries in this region leads to growth of the market. The region is leading in the adoption of advanced technology. Furthermore, the US country has the maximum market share due to the growing number of financial service industries in this country boosts the market. Additionally, rising globalization and urbanization which tends to rise in demand for end-user investment, a growing number of accounting firms, insurance companies, and financial advising firms in this region. As a result of this developments is expected to increase the market for digital onboarding in the upcoming year.
Europe is the second dominating region in the digital onboarding market during the projected period. Germany, the UK, France, Russia, and Spain are the key countries in this region. This is owing to the high penetration rate of the advanced technology by various organizations. The number of banks in this region is rising which helps to boost the market of this region. For instance, according to Statista, there was the total number of banks operating in the European Union is 5171 as of July 2022, and 2.15 million individuals working at the bank. In Germany almost 1000 more banks operating as compared to other European countries in 2022. Moreover, 9000 insurance companies in Europe in 2020. The following figure shows the total number of companies in the top five European countries that are involved in the European insurance market as of 2020.
Source: Statista
These growing number of financial institutions in the Europe region helps to increase the demand for digital onboarding, boosts the growth of the market for digital onboarding during the projected period.
The Asia Pacific has significant growth in the digital onboarding market during the projected period. China, Japan, South Korea, and India are the key countries in this region. The adoption rate of advanced technology among the various sectors are increasing, as well as rising in automotive, healthcare, manufacturing, and BFSI sectors in this region. For instance, Statista stated that 71% of the population in the Asia Pacific region had a bank account at a financial institution in 2021. The growing share of the banked population tends to increase the investment in the financial institution helps to propel the market growth of this region.
Covid-19 Impact Analysis On Digital Onboarding Market
COVID-19 began in Wuhan (China) in December 2019 and has since rapidly grown around the globe. In terms of confirmed cases and reported deaths, the US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are among the countries that have been most severely impacted. Owing to the lockdowns, travel restrictions, and business closures, COVID-19 has had an impact on the businesses and industries of numerous nations. During the pandemic, most organizations moved towards the trend of working from the comfort of their homes and increasing their focus on the hiring of new employees, the digital onboarding tools assisted organizations in the hiring process. Due to the social distancing, people avoided visiting the bank branch. Digital onboarding helps them by checking and verifying their identity data automatically. Henceforth, COVID-19 has had a positive impact on the Digital onboarding market.
Top Key Players Covered In Digital Onboarding Market
- iDenfy(Kaunas)
- SEON Technologies Ltd.(Hungary)
- IHS Markit (UK)
- Digital Onboarding, Inc.(US)
- Asli RI (Indonesia)
- Velocity Solutions (Fort Lauderdale)
- LeadSquared (India) and other major players.
Key Industry Development In The Digital Onboarding Market
In September 2022, Velocity Solutions declared its collaboration with Digital Onboarding, a Software-as-a-Service (SaaS) company that assists banks and credit unions to build deep and profitable relationships. With this collaboration, Velocity Solutions will integrate Digital Onboarding’s technology across the Velocity Intelligent Platform a machine-led banking management platform that powers all of Velocity’s solutions.
In October 2022, a new digital onboarding platform launched by LeadSquared assists companies accelerate their digital transformation journeys and automating marketing, service, and sales processes. This platform allows users to develop digital customer acquisition processes, enhance sales team efficiency, and facilitate seamless onboarding processes for partners, vendors, and customers.
Global Digital Onboarding Market |
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Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
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Forecast Period 2022-28 CAGR: |
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Market Size in 2028: |
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Segments Covered: |
By Product Type |
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By End-Users |
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By Region |
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Key Market Drivers: |
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Key Market Restraints: |
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Key Opportunities: |
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Companies Covered in the report: |
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Chapter 1: Introduction
1.1 Research Objectives
1.2 Research Methodology
1.3 Research Process
1.4 Scope and Coverage
1.4.1 Market Definition
1.4.2 Key Questions Answered
1.5 Market Segmentation
Chapter 2:Executive Summary
Chapter 3:Growth Opportunities By Segment
3.1 By Product Type
3.2 By End-Users
Chapter 4: Market Landscape
4.1 Porter's Five Forces Analysis
4.1.1 Bargaining Power of Supplier
4.1.2 Threat of New Entrants
4.1.3 Threat of Substitutes
4.1.4 Competitive Rivalry
4.1.5 Bargaining Power Among Buyers
4.2 Industry Value Chain Analysis
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.5.4 Challenges
4.4 Pestle Analysis
4.5 Technological Roadmap
4.6 Regulatory Landscape
4.7 SWOT Analysis
4.8 Price Trend Analysis
4.9 Patent Analysis
4.10 Analysis of the Impact of Covid-19
4.10.1 Impact on the Overall Market
4.10.2 Impact on the Supply Chain
4.10.3 Impact on the Key Manufacturers
4.10.4 Impact on the Pricing
Chapter 5: Digital Onboarding Market by Product Type
5.1 Digital Onboarding Market Overview Snapshot and Growth Engine
5.2 Digital Onboarding Market Overview
5.3 Cloud-Based
5.3.1 Introduction and Market Overview
5.3.2 Historic and Forecasted Market Size (2016-2028F)
5.3.3 Key Market Trends, Growth Factors and Opportunities
5.3.4 Cloud-Based: Grographic Segmentation
5.4 Web-Based
5.4.1 Introduction and Market Overview
5.4.2 Historic and Forecasted Market Size (2016-2028F)
5.4.3 Key Market Trends, Growth Factors and Opportunities
5.4.4 Web-Based: Grographic Segmentation
Chapter 6: Digital Onboarding Market by End-Users
6.1 Digital Onboarding Market Overview Snapshot and Growth Engine
6.2 Digital Onboarding Market Overview
6.3 Financial
6.3.1 Introduction and Market Overview
6.3.2 Historic and Forecasted Market Size (2016-2028F)
6.3.3 Key Market Trends, Growth Factors and Opportunities
6.3.4 Financial: Grographic Segmentation
6.4 Government
6.4.1 Introduction and Market Overview
6.4.2 Historic and Forecasted Market Size (2016-2028F)
6.4.3 Key Market Trends, Growth Factors and Opportunities
6.4.4 Government: Grographic Segmentation
6.5 Business
6.5.1 Introduction and Market Overview
6.5.2 Historic and Forecasted Market Size (2016-2028F)
6.5.3 Key Market Trends, Growth Factors and Opportunities
6.5.4 Business: Grographic Segmentation
6.6 Others
6.6.1 Introduction and Market Overview
6.6.2 Historic and Forecasted Market Size (2016-2028F)
6.6.3 Key Market Trends, Growth Factors and Opportunities
6.6.4 Others: Grographic Segmentation
Chapter 7: Company Profiles and Competitive Analysis
7.1 Competitive Landscape
7.1.1 Competitive Positioning
7.1.2 Digital Onboarding Sales and Market Share By Players
7.1.3 Industry BCG Matrix
7.1.4 Ansoff Matrix
7.1.5 Digital Onboarding Industry Concentration Ratio (CR5 and HHI)
7.1.6 Top 5 Digital Onboarding Players Market Share
7.1.7 Mergers and Acquisitions
7.1.8 Business Strategies By Top Players
7.2 IDENFY
7.2.1 Company Overview
7.2.2 Key Executives
7.2.3 Company Snapshot
7.2.4 Operating Business Segments
7.2.5 Product Portfolio
7.2.6 Business Performance
7.2.7 Key Strategic Moves and Recent Developments
7.2.8 SWOT Analysis
7.3 SEON TECHNOLOGIES LTD.
7.4 IHS MARKIT
7.5 DIGITAL ONBOARDING
7.6 INC.
7.7 ASLI RI
7.8 VELOCITY SOLUTIONS
7.9 LEADSQUARED
7.10 OTHER MAJOR PLAYERS
Chapter 8: Global Digital Onboarding Market Analysis, Insights and Forecast, 2016-2028
8.1 Market Overview
8.2 Historic and Forecasted Market Size By Product Type
8.2.1 Cloud-Based
8.2.2 Web-Based
8.3 Historic and Forecasted Market Size By End-Users
8.3.1 Financial
8.3.2 Government
8.3.3 Business
8.3.4 Others
Chapter 9: North America Digital Onboarding Market Analysis, Insights and Forecast, 2016-2028
9.1 Key Market Trends, Growth Factors and Opportunities
9.2 Impact of Covid-19
9.3 Key Players
9.4 Key Market Trends, Growth Factors and Opportunities
9.4 Historic and Forecasted Market Size By Product Type
9.4.1 Cloud-Based
9.4.2 Web-Based
9.5 Historic and Forecasted Market Size By End-Users
9.5.1 Financial
9.5.2 Government
9.5.3 Business
9.5.4 Others
9.6 Historic and Forecast Market Size by Country
9.6.1 U.S.
9.6.2 Canada
9.6.3 Mexico
Chapter 10: Europe Digital Onboarding Market Analysis, Insights and Forecast, 2016-2028
10.1 Key Market Trends, Growth Factors and Opportunities
10.2 Impact of Covid-19
10.3 Key Players
10.4 Key Market Trends, Growth Factors and Opportunities
10.4 Historic and Forecasted Market Size By Product Type
10.4.1 Cloud-Based
10.4.2 Web-Based
10.5 Historic and Forecasted Market Size By End-Users
10.5.1 Financial
10.5.2 Government
10.5.3 Business
10.5.4 Others
10.6 Historic and Forecast Market Size by Country
10.6.1 Germany
10.6.2 U.K.
10.6.3 France
10.6.4 Italy
10.6.5 Russia
10.6.6 Spain
10.6.7 Rest of Europe
Chapter 11: Asia-Pacific Digital Onboarding Market Analysis, Insights and Forecast, 2016-2028
11.1 Key Market Trends, Growth Factors and Opportunities
11.2 Impact of Covid-19
11.3 Key Players
11.4 Key Market Trends, Growth Factors and Opportunities
11.4 Historic and Forecasted Market Size By Product Type
11.4.1 Cloud-Based
11.4.2 Web-Based
11.5 Historic and Forecasted Market Size By End-Users
11.5.1 Financial
11.5.2 Government
11.5.3 Business
11.5.4 Others
11.6 Historic and Forecast Market Size by Country
11.6.1 China
11.6.2 India
11.6.3 Japan
11.6.4 Singapore
11.6.5 Australia
11.6.6 New Zealand
11.6.7 Rest of APAC
Chapter 12: Middle East & Africa Digital Onboarding Market Analysis, Insights and Forecast, 2016-2028
12.1 Key Market Trends, Growth Factors and Opportunities
12.2 Impact of Covid-19
12.3 Key Players
12.4 Key Market Trends, Growth Factors and Opportunities
12.4 Historic and Forecasted Market Size By Product Type
12.4.1 Cloud-Based
12.4.2 Web-Based
12.5 Historic and Forecasted Market Size By End-Users
12.5.1 Financial
12.5.2 Government
12.5.3 Business
12.5.4 Others
12.6 Historic and Forecast Market Size by Country
12.6.1 Turkey
12.6.2 Saudi Arabia
12.6.3 Iran
12.6.4 UAE
12.6.5 Africa
12.6.6 Rest of MEA
Chapter 13: South America Digital Onboarding Market Analysis, Insights and Forecast, 2016-2028
13.1 Key Market Trends, Growth Factors and Opportunities
13.2 Impact of Covid-19
13.3 Key Players
13.4 Key Market Trends, Growth Factors and Opportunities
13.4 Historic and Forecasted Market Size By Product Type
13.4.1 Cloud-Based
13.4.2 Web-Based
13.5 Historic and Forecasted Market Size By End-Users
13.5.1 Financial
13.5.2 Government
13.5.3 Business
13.5.4 Others
13.6 Historic and Forecast Market Size by Country
13.6.1 Brazil
13.6.2 Argentina
13.6.3 Rest of SA
Chapter 14 Investment Analysis
Chapter 15 Analyst Viewpoint and Conclusion
Global Digital Onboarding Market |
|||
Base Year: |
2021 |
Forecast Period: |
2022-2028 |
Historical Data: |
2016 to 2020 |
Market Size in 2021: |
USD XXX Bn. |
Forecast Period 2022-28 CAGR: |
XX% |
Market Size in 2028: |
USD XXX Bn. |
Segments Covered: |
By Product Type |
|
|
By End-Users |
|
||
By Region |
|
||
Key Market Drivers: |
|
||
Key Market Restraints: |
|
||
Key Opportunities: |
|
||
Companies Covered in the report: |
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LIST OF TABLES
TABLE 001. EXECUTIVE SUMMARY
TABLE 002. DIGITAL ONBOARDING MARKET BARGAINING POWER OF SUPPLIERS
TABLE 003. DIGITAL ONBOARDING MARKET BARGAINING POWER OF CUSTOMERS
TABLE 004. DIGITAL ONBOARDING MARKET COMPETITIVE RIVALRY
TABLE 005. DIGITAL ONBOARDING MARKET THREAT OF NEW ENTRANTS
TABLE 006. DIGITAL ONBOARDING MARKET THREAT OF SUBSTITUTES
TABLE 007. DIGITAL ONBOARDING MARKET BY PRODUCT TYPE
TABLE 008. CLOUD-BASED MARKET OVERVIEW (2016-2028)
TABLE 009. WEB-BASED MARKET OVERVIEW (2016-2028)
TABLE 010. DIGITAL ONBOARDING MARKET BY END-USERS
TABLE 011. FINANCIAL MARKET OVERVIEW (2016-2028)
TABLE 012. GOVERNMENT MARKET OVERVIEW (2016-2028)
TABLE 013. BUSINESS MARKET OVERVIEW (2016-2028)
TABLE 014. OTHERS MARKET OVERVIEW (2016-2028)
TABLE 015. NORTH AMERICA DIGITAL ONBOARDING MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 016. NORTH AMERICA DIGITAL ONBOARDING MARKET, BY END-USERS (2016-2028)
TABLE 017. N DIGITAL ONBOARDING MARKET, BY COUNTRY (2016-2028)
TABLE 018. EUROPE DIGITAL ONBOARDING MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 019. EUROPE DIGITAL ONBOARDING MARKET, BY END-USERS (2016-2028)
TABLE 020. DIGITAL ONBOARDING MARKET, BY COUNTRY (2016-2028)
TABLE 021. ASIA PACIFIC DIGITAL ONBOARDING MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 022. ASIA PACIFIC DIGITAL ONBOARDING MARKET, BY END-USERS (2016-2028)
TABLE 023. DIGITAL ONBOARDING MARKET, BY COUNTRY (2016-2028)
TABLE 024. MIDDLE EAST & AFRICA DIGITAL ONBOARDING MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 025. MIDDLE EAST & AFRICA DIGITAL ONBOARDING MARKET, BY END-USERS (2016-2028)
TABLE 026. DIGITAL ONBOARDING MARKET, BY COUNTRY (2016-2028)
TABLE 027. SOUTH AMERICA DIGITAL ONBOARDING MARKET, BY PRODUCT TYPE (2016-2028)
TABLE 028. SOUTH AMERICA DIGITAL ONBOARDING MARKET, BY END-USERS (2016-2028)
TABLE 029. DIGITAL ONBOARDING MARKET, BY COUNTRY (2016-2028)
TABLE 030. IDENFY: SNAPSHOT
TABLE 031. IDENFY: BUSINESS PERFORMANCE
TABLE 032. IDENFY: PRODUCT PORTFOLIO
TABLE 033. IDENFY: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 033. SEON TECHNOLOGIES LTD.: SNAPSHOT
TABLE 034. SEON TECHNOLOGIES LTD.: BUSINESS PERFORMANCE
TABLE 035. SEON TECHNOLOGIES LTD.: PRODUCT PORTFOLIO
TABLE 036. SEON TECHNOLOGIES LTD.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 036. IHS MARKIT: SNAPSHOT
TABLE 037. IHS MARKIT: BUSINESS PERFORMANCE
TABLE 038. IHS MARKIT: PRODUCT PORTFOLIO
TABLE 039. IHS MARKIT: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 039. DIGITAL ONBOARDING: SNAPSHOT
TABLE 040. DIGITAL ONBOARDING: BUSINESS PERFORMANCE
TABLE 041. DIGITAL ONBOARDING: PRODUCT PORTFOLIO
TABLE 042. DIGITAL ONBOARDING: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 042. INC.: SNAPSHOT
TABLE 043. INC.: BUSINESS PERFORMANCE
TABLE 044. INC.: PRODUCT PORTFOLIO
TABLE 045. INC.: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 045. ASLI RI: SNAPSHOT
TABLE 046. ASLI RI: BUSINESS PERFORMANCE
TABLE 047. ASLI RI: PRODUCT PORTFOLIO
TABLE 048. ASLI RI: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 048. VELOCITY SOLUTIONS: SNAPSHOT
TABLE 049. VELOCITY SOLUTIONS: BUSINESS PERFORMANCE
TABLE 050. VELOCITY SOLUTIONS: PRODUCT PORTFOLIO
TABLE 051. VELOCITY SOLUTIONS: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 051. LEADSQUARED: SNAPSHOT
TABLE 052. LEADSQUARED: BUSINESS PERFORMANCE
TABLE 053. LEADSQUARED: PRODUCT PORTFOLIO
TABLE 054. LEADSQUARED: KEY STRATEGIC MOVES AND DEVELOPMENTS
TABLE 054. OTHER MAJOR PLAYERS: SNAPSHOT
TABLE 055. OTHER MAJOR PLAYERS: BUSINESS PERFORMANCE
TABLE 056. OTHER MAJOR PLAYERS: PRODUCT PORTFOLIO
TABLE 057. OTHER MAJOR PLAYERS: KEY STRATEGIC MOVES AND DEVELOPMENTS
LIST OF FIGURES
FIGURE 001. YEARS CONSIDERED FOR ANALYSIS
FIGURE 002. SCOPE OF THE STUDY
FIGURE 003. DIGITAL ONBOARDING MARKET OVERVIEW BY REGIONS
FIGURE 004. PORTER'S FIVE FORCES ANALYSIS
FIGURE 005. BARGAINING POWER OF SUPPLIERS
FIGURE 006. COMPETITIVE RIVALRYFIGURE 007. THREAT OF NEW ENTRANTS
FIGURE 008. THREAT OF SUBSTITUTES
FIGURE 009. VALUE CHAIN ANALYSIS
FIGURE 010. PESTLE ANALYSIS
FIGURE 011. DIGITAL ONBOARDING MARKET OVERVIEW BY PRODUCT TYPE
FIGURE 012. CLOUD-BASED MARKET OVERVIEW (2016-2028)
FIGURE 013. WEB-BASED MARKET OVERVIEW (2016-2028)
FIGURE 014. DIGITAL ONBOARDING MARKET OVERVIEW BY END-USERS
FIGURE 015. FINANCIAL MARKET OVERVIEW (2016-2028)
FIGURE 016. GOVERNMENT MARKET OVERVIEW (2016-2028)
FIGURE 017. BUSINESS MARKET OVERVIEW (2016-2028)
FIGURE 018. OTHERS MARKET OVERVIEW (2016-2028)
FIGURE 019. NORTH AMERICA DIGITAL ONBOARDING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 020. EUROPE DIGITAL ONBOARDING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 021. ASIA PACIFIC DIGITAL ONBOARDING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 022. MIDDLE EAST & AFRICA DIGITAL ONBOARDING MARKET OVERVIEW BY COUNTRY (2016-2028)
FIGURE 023. SOUTH AMERICA DIGITAL ONBOARDING MARKET OVERVIEW BY COUNTRY (2016-2028)
Frequently Asked Questions :
The forecast period in the Digital Onboarding Market research report is 2022-2028.
iDenfy (Kaunas), SEON Technologies Ltd. (Hungary), IHS Markit (UK), Digital Onboarding, Inc. (US), Asli RI (Indonesia), Velocity Solutions (Fort Lauderdale), LeadSquared (India) and other major players.
The Digital Onboarding Market is segmented into product type, end-user, and region. By Product Type, the market is categorized into Cloud-Based, Web-Based. By End-user, the market is categorized into Financial Service, Government, Business, and Others. By region, it is analyzed across North America (U.S.; Canada; Mexico), Europe (Germany; U.K.; France; Italy; Russia; Spain, etc.), Asia-Pacific (China; India; Japan; Southeast Asia, etc.), South America (Brazil; Argentina, etc.), Middle East & Africa (Saudi Arabia; South Africa, etc.).
Digital onboarding referred to as remote onboarding is the process of acquiring new customers or subscribing new users to a company or organization by using online tools and software.
The Digital Onboarding Market is expected to grow at a significant growth rate, and the analysis period is 2022-2028, considering the base year as 2021.