United Kingdom Identity Verification Market Size, Share, And COVID-19 Impact Analysis, By Deployment Mode (On-Premises and Cloud-Based), By Component (Services- Consulting, Managed Services, Support & Maintenance, Training & Education, and Professional Services), and United Kingdom Identity Verification Market Insights, Industry Trend, Forecasts to 2035

United Kingdom Identity Verification Market Size Insights Forecasts to 2035

• The United Kingdom Identity Verification Market Size was estimated at USD 940.45 Million in 2024
• The Market Size is Expected to Grow at a CAGR of around 15.85% from 2025 to 2035
• The United Kingdom Identity Verification Market Size is Expected to Reach USD 4744.10 Million by 2035

According to a Research Report Published by Spherical Insights & Consulting, the United Kingdom Identity Verification Market Size is anticipated to reach USD 4744.10 million by 2035, growing at a CAGR of 15.85% from 2025 to 2035. It is a technologically advanced area with a large number of early adopters and significant market participants. Government initiatives such as smart cities, smart infrastructure, and digital identity-based driver's licenses are anticipated to stimulate market demand.

Market Overview

The United Kingdom identity verification market refers to the industry focused on the development and integration of processes is essential for preventing fraud, ensuring regulatory compliance, and securing digital interactions. It's deployed across sectors like banking, healthcare, e-commerce, and government. A security precaution called identity verification makes sure the person is who they say they are. This is essential for preventing fraud, enhancing security, and building confidence in online transactions. It serves as a significant disincentive to engage in harmful practices like identity theft and fraud. Businesses may make sure that only those with permission can access sensitive data or services by implementing stringent ID verification procedures. In high-security government settings, including nuclear power plants, weapons storage facilities, government offices, and other establishments, strict identification verification is frequently used. In the future, the demand for the worldwide identity verification market would increase due to the rising incidence of data theft and other crimes.

Report Coverage

This research report categorizes the market for the United Kingdom identity verification market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom identity verification market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the United Kingdom identity verification market.

Driving Factors

The market for United Kingdom identity verification is supported by the growing and changing shifting consumer habits, technology advancements, and legal requirements. Businesses, particularly those in the financial, telecommunications, and e-commerce sectors, must put strong identity verification systems in place to guard against fraud and guarantee legal compliance due to stringent requirements surrounding anti-money laundering (AML), know your customer (KYC) compliance, and data protection. Meanwhile, the demand for smooth, safe, and easy-to-use verification techniques has increased due to the rise in digital services and remote onboarding. The implementation of digital ID wallets and laws that support them is an example of government activities that support digital identity frameworks.

Restraining Factors

However, the market expansion could be restricted because it can be costly to implement sophisticated ID verification systems, particularly for startups or small and medium-sized businesses with little funding. Furthermore, infrastructure maintenance issues, budgetary limitations, and risk of cyber-attacks cause and embrace digital verification solutions less frequently or more slowly.

Market Segmentation

The United Kingdom identity verification market share is classified into deployment mode, and component.

• The cloud-based segment accounted for the largest market share in 2024 and is expected to grow at a substantial CAGR during the forecast period.

The United Kingdom identity verification market is divided by deployment mode into on-premises and cloud-based. Among these, the cloud-based segment accounted for the largest market share in 2024 and is expected to grow at a substantial CAGR during the forecast period. Cloud-based identity verification solutions help companies cut costs and boost productivity. Moreover, its global reach, extensive security features, and adherence to industry-specific standards, cloud-based solutions are gaining popularity among companies looking for trustworthy and compliant identity verification services.

• The managed services segment held a significant share in 2024 and is anticipated to grow at a rapid pace over the forecast period.

The United Kingdom identity verification market is segmented by component into services- consulting, managed services, support & maintenance, training & education, and professional services. Among these, the managed services segment held a significant share in 2024 and is anticipated to grow at a rapid pace over the forecast period. By contracting with seasoned vendors to handle identity verification and fraud protection, managed services improve efficiency and scalability while lowering operational constraints. When taken as a whole, these services help UK companies swiftly and affordably implement safe, user-friendly identity solutions, particularly as digital transformation speeds up in the public sector, financial services, e-commerce, and healthcare.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the United Kingdom identity verification market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• GBG plc
• Yoti Ltd
• Onfido
• Mitek Systems UK Ltd
• Experian Identity Solutions UK
• Others

Recent Developments:

• In June 2025, Sam Altman’s eyeball-scanning digital ID project World ID, developed by Tools for Humanity, officially launched in the UK. The rollout introduced iris-scanning devices called Orbs in cities such as London, Manchester, Birmingham, Cardiff, Belfast, and Glasgow. These devices generated a unique, anonymous digital identity by scanning a person’s iris, aiming to provide “proof of humanness” in an AI-saturated digital world.

Key Target Audience

• Market Players
• Investors
• End-users
• Government Authorities 
• Consulting and Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Market Segment

This study forecasts revenue at United Kingdom, regional, and country levels from 2020 to 2035. Spherical Insights has segmented the United Kingdom identity verification market based on the below-mentioned segments:

United Kingdom Identity Verification Market, By Deployment Mode

• On-Premises
• Cloud-Based

United Kingdom Identity Verification Market, By Component

• Services- Consulting
• Managed Services
• Support & Maintenance
• Training & Education
• Professional Services