Global spending on digital identity verification will increase by 55 percent between 2026 and 2030, rising from just under $19 billion in 2026, according to a new study by the United Kingdom-based Juniper Research.

The “Digital Identity Verification Market 2026-2030” report attributes this growth to tightening global regulations, increased investment in interoperable systems, and a shift toward unified verification platforms.

According to the study, demand is expanding beyond traditional financial services. Sectors such as e-commerce, gig economy, and digital-native platforms are emerging as major adopters of identity verification technologies, particularly as they move toward continuous, lifecycle-based monitoring. While financial services remain the largest segment, their overall share of spending is expected to decline as verification tools become more widely integrated across digital interactions.

The report also identifies leading vendors in the sector, naming LexisNexis Risk Solutions, Experian, and Thales as top performers. These companies are noted for their use of proprietary data, artificial intelligence-driven fraud detection, and integrated platforms that combine document, biometric, and behavioral verification methods.

The findings suggest a broader market shift toward providers capable of delivering comprehensive identity verification solutions across multiple regions and regulatory environments, as organizations increasingly consolidate services with fewer vendors.

The research is based on a dataset of 96,000 points collected over a five-year forecast period and includes analysis of competitive positioning as well as current and emerging market opportunities.

We built identity systems for an internet that no longer exists