E-KYC Market
E-KYC Market - Global Industry Assessment & Forecast
Segments Covered
- By Product Identity Authentication & Matching, Video Verification, Digital ID Schemes, Enhanced vs Simplified Due Diligence
- By Deployment Mode Cloud-Based, On-Premise
- By End-Use Banks, Financial Institutions, E-Payment Service Providers, Telecom Companies, Government Entities, Insurance Companies
- By Region North America, Europe, Asia Pacific, Latin America, Middle East & Africa
Snapshot
Base Year: | 2022 |
Forecast Years: | 2023 - 2030 |
Historical Years: | 2017 - 2021 |
Revenue 2022: | USD 518.38 Million |
Revenue 2030: | USD 2445.65 Million |
Revenue CAGR (2023 - 2030): | 21.40% |
Fastest Growing Region (2023 - 2030) | Asia Pacific |
Largest Region (2022): | North America |
Customization Offered
- Cross-segment Market Size and Analysis for Mentioned Segments
- Additional Company Profiles (Upto 5 With No Cost)
- Additional Countries (Apart From Mentioned Countries)
- Country/Region-specific Report
- Go To Market Strategy
- Region Specific Market Dynamics
- Region Level Market Share
- Import Export Analysis
- Production Analysis
- Others Request Customization Speak To Analyst
E-KYC Market Segment Analysis
- E-KYC Product Outlook (Revenue, USD Million, 2018 - 2030)
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- E-KYC Deployment Mode Outlook (Revenue, USD Million, 2018 - 2030)
- Cloud-Based
- On-Premise
- E-KYC End-Use Outlook (Revenue, USD Million, 2018 - 2030)
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
-
Regional Outlook (Revenue, USD Billion/Million, 2018 - 2030)
- North America
-
North America E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
-
North America E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
-
North America E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- U.S.
- U.S. E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- U.S. E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- U.S. E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- U.S. E-KYC Market, by Product
- Canada
- Canada E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Canada E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Canada E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Canada E-KYC Market, by Product
-
Mexico
- Mexico E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Mexico E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Mexico E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Mexico E-KYC Market, by Product
-
North America E-KYC Market, by Product
- Europe
-
Europe E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
-
Europe E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
-
Europe E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- U. K.
- U.K. E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- U.K. E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- U.K. E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- U.K. E-KYC Market, by Product
- France
- France E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- France E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- France E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- France E-KYC Market, by Product
-
Germany
- Germany E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Germany E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Germany E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Germany E-KYC Market, by Product
-
Italy
- Italy E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Italy E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Italy E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Italy E-KYC Market, by Product
-
Spain
- Spain E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Spain E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Spain E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Spain E-KYC Market, by Product
-
Rest of Europe
- Rest of Europe E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Rest of Europe E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Rest of Europe E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Rest of Europe E-KYC Market, by Product
-
Europe E-KYC Market, by Product
- Asia Pacific
-
Asia Pacific E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
-
Asia Pacific E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
-
Asia Pacific E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- China
- China E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- China E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- China E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- China E-KYC Market, by Product
- Japan
- Japan E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Japan E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Japan E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Japan E-KYC Market, by Product
-
Germany
- Germany E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Germany E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Germany E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Germany E-KYC Market, by Product
-
India
- India E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- India E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- India E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- India E-KYC Market, by Product
-
South Korea
- South Korea E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- South Korea E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- South Korea E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- South Korea E-KYC Market, by Product
-
South East Asia
- South East Asia E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- South East Asia E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- South East Asia E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- South East Asia E-KYC Market, by Product
-
Rest of Asia Pacific
- Rest of Asia Pacific E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Rest of Asia Pacific E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Rest of Asia Pacific E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Rest of Asia Pacific E-KYC Market, by Product
-
Asia Pacific E-KYC Market, by Product
- Latin America
-
Latin America E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
-
Latin America E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
-
Latin America E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Brazil
- Brazil E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Brazil E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Brazil E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Brazil E-KYC Market, by Product
- Argentina
- Argentina E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Argentina E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Argentina E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Argentina E-KYC Market, by Product
-
Rest of Latin America
- Rest of Latin America E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Rest of Latin America E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Rest of Latin America E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Rest of Latin America E-KYC Market, by Product
-
Latin America E-KYC Market, by Product
- Middle East & Africa
-
Middle East & Africa E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
-
Middle East & Africa E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
-
Middle East & Africa E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- GCC Countries
- GCC Countries E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- GCC Countries E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- GCC Countries E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- GCC Countries E-KYC Market, by Product
- South Africa
- South Africa E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- South Africa E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- South Africa E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- South Africa E-KYC Market, by Product
-
Rest of Middle East & Africa
- Rest of Middle East & Africa E-KYC Market, by Product
- Identity Authentication & Matching
- Video Verification
- Digital ID Schemes
- Enhanced vs Simplified Due Diligence
- Rest of Middle East & Africa E-KYC Market, by Deployment Mode
- Cloud-Based
- On-Premise
- Rest of Middle East & Africa E-KYC Market, by End-Use
- Banks
- Financial Institutions
- E-Payment Service Providers
- Telecom Companies
- Government Entities
- Insurance Companies
- Rest of Middle East & Africa E-KYC Market, by Product
-
Middle East & Africa E-KYC Market, by Product
- North America
FAQ
Frequently Asked Question
What is the global demand for E-KYC in terms of revenue?
-
The global E-KYC valued at USD 518.38 Million in 2022 and is expected to reach USD 2445.65 Million in 2030 growing at a CAGR of 21.40%.
Which are the prominent players in the market?
-
The prominent players in the market are 63 Moons Technologies Ltd., Acuant, Au10tix, EverCompliant, Financial Software & Systems Pvt. Ltd., GB Group, GIEOM Business Solutions, IDnow GmbH, Jumio Corporation, Onfido, Panamax Inc., Pegasystems Inc., Tata Consultancy Services (TCS), Trulioo, Trust Stamp, Wipro Technologies.
At what CAGR is the market projected to grow within the forecast period?
-
The market is project to grow at a CAGR of 21.40% between 2023 and 2030.
What are the driving factors fueling the growth of the market.
-
The driving factors of the E-KYC include
- Terrorist financing activities and huge monetary losses in the Banking, Financial Services, and Insurance (BFSI) sector
Which region accounted for the largest share in the market?
-
North America was the leading regional segment of the E-KYC in 2022.