Will the Identity Verification market have grown faster than Digital Payments by 2030?
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Will the global market for Identity Verification services experience relatively higher growth than that of Digital Payments, between 2024-2030?
Currently, some estimates place the value of these markets at:
$11.5B in 2023 - Identity Verification
$90B in 2023 - Digital Payments
Many reports estimate these markets to have similar CAGR, with Digital Payments often assigned a slightly higher rate of growth.
When resolving, I will compare the average reported market size from 3 sources I deem to be most reputable. Each source must report on both industries to be considered.
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