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Feb 16, 2021
Nick Easen
Like smartphones, wifi or cloud computing, digital identity is heading on the same growth trajectory towards mass adoption. Coronavirus has been a shot in the arm for the industry with vaccine passports for travel, dealing with voter fraud or online access to new services helping to fuel adoption.
Five years from now, many more of us will be using digital channels to verify our identity on a daily basis.
“We foresee over 6.2 billion digital identity apps in service by 2025. This will capitalise upon how important the concept of identity is to our everyday lives,” says Nick Maynard, lead analyst at Juniper Research. Expect rapid growth in emerging markets, particularly in Africa, where mobile-first services help citizens access banks, loans, insurance and government services.