Explore more Categories
Artificial Intelligence involves the science and engineering of developing intelligent machines
The manufacturing world is at a cusp of a new revolution that will redefine conventional business models
IoT will have a major impact on businesses and consumers in the future
The world is creating 2.5 exabytes of data daily
Our research seeks to connect-the-dots across multiple trends
Personal Robots are Set to Be a $19 Billion Market
Strategic Analysis of BREXIT and its Implications to Industries, Economies and Societies
Time for a Digital Revolution in the Women’s Health Market
iFrost is a digital platform for interactive and dynamic reporting of data.
The TOEs are a great source of information which gives corporates critical information on companies to action for their strategic investments either as an open source platform or to collaborate and to develop successful products
Social, Technological, and Economic Inclusivity Needs Drive Future Growth Potential for Digital Identity
* Required Fields
Pay by invoice
About 1.1 billion of the world’s population lack official proof of identity. This limits citizens’ access to services and precludes an inclusive society that allows citizens’ full participation in social and economic progress. Digital identity management solutions can instill trust and transparency in relationships among public agencies, enterprises, and citizens. Countries with nearly 100% digital identity enrollment, such as Estonia, lead in digital identity as effective benchmarks for other public agencies and enterprises in this space.As communication and information sharing move from physical to digital media, personal data privacy, security, and user control will become critical enablers for society’s social and economic growth. However, current centralized and federated identity management structures pose major cyber theft risks. For instance, the United States observed a 3,000% increase in cases of citizens’ information fraudulent use in 2020. Technologies, such as blockchain, biometrics, artificial intelligence (AI), and automation can transform the current state of static identity management by providing full control to the user who owns the personal information.Digital identity management has wide-ranging applicability across key industries, including payments and financial services, smart cities, entertainment, retail, healthcare, mobility, and border security. For instance, customers holding digital identity documentation (ID) can issue and sign verifiable claims when accessing financial services online, such as opening a bank account. This study offers a detailed view of the global digital identity management market regarding its impact on several industries, innovation attractiveness, and commercial viability. The convergence of transformational Mega Trends and disruptive technologies will result in new growth opportunities in this space, including blockchain-based decentralized digital ID, digital identity custodians, personal cyber insurance, and password-less authentication techniques.
Key Issues Addressed
Author: Vinay Venkatesan
Central American and Caribbean Countries Economic Tracker, H2 2019
Trend Opportunity Profiles—Future of Humanless Construction
Trend Opportunity Profiles: Direct-to-Consumer (D2C) Business Model
Trend Opportunity Profile—Digital Upskilling
Transformative Megatrends Driving Value Chain Compression
Global Cross-border eCommerce Growth Opportunities
Poland’s Demographic and Economic Growth Opportunities
Trend Opportunity Profiles—Crowd Analytics
Trend Opportunity Profiles—Data Marketplaces
Transformative Mega Trends Driving the Circular Economy
solar cell market
commercial uav market
flexible packaging market
activated carbon market
smart grid market
cardiovascular devices market
functional beverage market
3d printer market share
Don't have an account? Create One!
Enter your Email Address here to receive a link to change password.
If you are an existing frost.com user, please register using the same email for seamless access
Already have an account? Login!
Use your Linkedin account to login or register within our store.You're just one click away.