e-KYC Market
The e-KYC (electronic Know Your Customer) market encompasses digital solutions for identity verification and customer due diligence. Key customers include banks, financial institutions, government entities, and other regulated industries that require secure customer onboarding. The market's growth is primarily driven by the increasing frequency of cyber-attacks on businesses, the imperative for secure customer verification in at-risk sectors, and the adoption of remote verification technologies to reduce operational costs.
CAGR
22.3%
Compound Annual Growth Rate
Current Value
$1.62B
Estimated 2026
Projected Value
$8.09B
By 2034
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