The Future of Personal ID to 2029

Initiatives around digital IDs, along with the potential and challenges they face, are discussed in detail in this report.

Table of Contents Key Facts and Figures
  • The global market for personal IDs is valued at $10.31 billion in 2024, having grown by 2.0% CAGR since 2019
  • Demand will continue to grow, with market value reaching $11.60 billion by 2029
The personal ID industry encompasses a wide variety of identity documents, including national ID cards, driving licences, voter ID cards, health cards, and birth certificates; and international travel documents such as passports and visas. The personal ID industry is driven by the need to continue to improve the security of these documents to make them less susceptible to counterfeiting activity, with national and regional initiatives to standardise formats of key types of personal ID to ensure that they embrace enhanced security measures.

Initiatives around digital IDs, along with the potential and challenges they face, are discussed in detail in this report; including the European Union’s eIDAS Regulation. The continuing growth of digital IDs is inevitable over the next five years; however, they will complement, rather than replace, physical documents.

Key Questions
  • What new and emerging technologies are impacting the personal ID market?
  • What are the key drivers of demand for passports and secure documents?
  • Who are the key players in the personal ID industry and how will the competitive landscape change over the next five years?
  • How regulations will affect this market – specifically the EU’s eIDAS Regulation
  • How can organisations tackle the ongoing challenge of data security and privacy issues?
This report benefits
  • Suppliers of security components, inks and substrates
  • High security printers
  • Consumables, equipment and machinery suppliers
About the author
Keith Jacques has many years’ experience in carrying out market research projects on a wide range of topics including security print; backed up by over 40 years’ industry
experience in a variety of roles in technical, sales and marketing and new business development.
The Future of Personal ID to 2029

Name The Future of Personal ID to 2029

Date 7/29/2024

Price $6750.00
$6075.00

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