The Evolution of Digital Identity Management: Securing the Future of Online Interactions
The Rise of Digital Identity Management The way we interact online has undergone a significant transformation over the past decade. With the proliferation of social media, e-commerce, and online banking, the need for robust digital identity management has become increasingly important. According to a report by MarketsandMarkets, the digital identity market is expected to grow from $13.7 billion in 2020 to $30.5 billion by 2025, at a Compound Annual Growth Rate (CAGR) of 17.3%. This growth is driven by the need for secure and efficient identity verification processes. ...