![Global Digital Identity Verification Spending to Reach $26B by 2029 According to Juniper](https://digitalid.blog/wp-content/uploads/2024/12/b212cfd8-fa41-498e-9519-b120971ccbc2-600x400.jpg)
Global Digital Identity Verification Spending to Reach $26B by 2029 According to Juniper
Juniper Research projects that global spending on digital identity verification will rise to $26 billion by 2029, a 74% increase. Key drivers include behavioral biometrics and regulatory changes such as eIDAS in the EU, which mandate interoperable digital identity systems. The report emphasizes the need for a multi-technology approach to create user-friendly, secure verification processes…