In its latest research into the global identity market, Goode Intelligence forecasts that the combined revenue opportunity for electronic identity and document verification (eIDV) and digital identity will be $27.38 billion by 2024.Alan Goode, founder and CEO of Goode Intelligence and author of the reports, said “The need to enhance customer experience coupled with the ability to onboard new customers to services through remote digital channels, web and mobile, is a pressing requirement for many organisations seeking to reduce their physical footprint and support digital transformation projects. Digital identity and document verification services aim to support digital onboarding and meet the latest Anti-Money Laundering (AML), Know Your Customer (KYC) and Customer Due Diligence (CDD) regulation. This is an exciting time with plenty of opportunity for the industry.”
Goode Intelligence forecasts new ID industry to be worth $27bn by 2024
