The study categorizes the DIS market by offering, solution type, identity type, organization size, verticals.

Northbrook, IL 60062 -- (SBWire) -- 11/10/2023 --For many years, the German government and the private sector have been attempting to digitize everyday operations on a local and national level. Germany's need for digital services is rising, but efforts to further digitize the country are sometimes hampered by security worries regarding the storing of personal data. Due to the rising instances of data breach, majority of the population hesitate to use digital services. For instance, a survey conducted by IDnow found that while two-thirds of Germans say they would want to utilize more e-Government services, just 9% do so in reality.

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Additionally, half of the population would like to submit their illness notes online or see their health information digitally. Even though both services are available, just 16% of people use them. These concerns can be minimized with the use of digital identity solutions. Implementing robust digital identity solutions can fortify Germany's security framework by providing a reliable authentication mechanism, thereby thwarting identity theft, fraud, and unauthorized access. These solutions leverage advanced encryption, biometric authentication, and multi-factor authentication methods to validate and confirm individuals' identities, ensuring the integrity and confidentiality of data exchanges. By establishing a unified and secure digital identity ecosystem, Germany can effectively manage access controls, streamline regulatory compliance, and enhance user trust in online interactions.

German government is taking various initiatives to drive the digital identity adoption. In 2023, The national German agency for the digitization of the healthcare sector, Gematik, has authorized a digital identification service for the healthcare industry created by T-Systems. From 2024 onwards, the service will enable the usage of digital IDs and health cards on smartphones and other devices using a digital wallet technology.

The German identity card, or nPA (Neuer Personalausweis), is being promoted by the government as the preferred eID. In a comparable manner, "yes" is a private eID effort in Germany, where a frontend has been developed to use the user base of the banks. Another German scheme that bears many similarities to "yes" is called Verimi. Vermini enables end users to reuse their identities for different services as a result. It is claimed that Verimi is a stand-alone identity provider. such systems can bolster cybersecurity measures by minimizing vulnerabilities associated with data breaches and identity-related crimes, fostering a safer and more resilient digital environment for businesses, government entities, and citizens alike. As Germany navigates the era of increased digitization, investing in comprehensive digital identity solutions emerges as a strategic step to mitigate security risks and fortify the nation's technological infrastructure.

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KEY MARKET PLAYERS

The Digital Identity Solutions market is led by some of the globally established players, such as NEC (Japan), Samsung SDS (South Korea), Thales (Thales), GBG (UK), Tessi (France), Daon (US), ForgeRock (US), Imageware (US). Partnerships, agreements, collaborations, acquisitions, and product developments are some of the various growth strategies by these players to increase their market presence.