Global E-KYB Market
Global E-KYB Market

E-KYB Comprehensive Study by Application (Banks, Financial Institutions, Others) Players and Region - Global Market Outlook to 2027

E-KYB Market Segmented into XX Submarkets. | Forecast Years: 2022- 2027  

May 2022 Edition 225 Pages 219 Tables & Figures
  • Summary
  • Market Segments
  • Table of Content
  • List of Tables & Figures
  • Companies Mentioned
Industry Background:
E-KYB provides security to businesses and helps prevent frauds in online spaces as well as fulfill compliance guidelines. Also, it is significant in adding value to businesses and building customer trust. Increasing implementation of E-KYB among companies for verifying their clients, third-party vendors, and suppliers. It helps productive and successful business partnerships, as well as the prevention of fraud. Law enforcement agencies around the world are now enforcing digital KYB solutions to implement business audits in banks, financial institutions, and government offices.

AttributesDetails
Study Period2017-2027
Base Year2021
UnitValue (USD Million)
Key Companies ProfiledIDnow GmbH (Germany), Trulioo (Canada), Jumio (United States), Onfido (United Kingdom), IDology (United States), Mitek Systems (United States), Veriff (Estonia), Acuant (United States) and ID.me (United States)
CAGR%


This growth is primarily driven by Increasing Implementation of the E-KYB to Avoid Bearing Huge Financial Losses and Compliance Issues and Growing Number of Digital Banking Users Globally.

Globally, a noticeable market trend is evident Increasing Requirement for Automation of Processes . Major Players, such as IDnow GmbH (Germany), Trulioo (Canada), Jumio (United States), Onfido (United Kingdom), IDology (United States), Mitek Systems (United States), Veriff (Estonia), Acuant (United States) and ID.me (United States) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.

On 26th January 2021, Curve partners with PassFort. The two firms are together designing a bespoke corporate onboarding flow, designed to automate KYB and AML checks to maximize straight-through processing (STP) of new applications.

Regulatory Insights:
The regulatory guidelines in KYB compliance are followed by almost every industry as a massive fraud and Ponzi schemes have led to a crackdown on anonymous ownerships or shell corporations. KYB incorporates all business types and structures (S or C Corp) and is well-established throughout most industries including virtual service providers, money service providers, online businesses, the health and wellness industry, non-profit associations, and especially financial institutions/banks.

Market Drivers
  • Increasing Implementation of the E-KYB to Avoid Bearing Huge Financial Losses and Compliance Issues
  • Growing Number of Digital Banking Users Globally

Market Trend
  • Increasing Requirement for Automation of Processes
  • Introduction of Innovative Technologies

Restraints
  • Lack of Verification Systems
  • Problems Related to the Online Transactions

Opportunities
Increasing Frauds and Monetary Losses because of Money Laundering can create Opportunities for the Market Growth
Challenges
Regulatory Standards Associated with the E-KYB

AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Players landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.

Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis

Against this Challenging Backdrop, E-KYB Study Sheds Light on
— The E-KYB Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the E-KYB industry Players. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
— Where E-KYB industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
— How every company in this diverse set of Players can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.

Frequently Asked Questions (FAQ):

1. What is the growth rate predicted for the Global E-KYB Market?
The E-KYB market is expected to see a CAGR of % during projected year 2021 to 2027.

2. Who are the top performing companies in E-KYB Market?
Top performing companies in the Global E-KYB market are IDnow GmbH (Germany), Trulioo (Canada), Jumio (United States), Onfido (United Kingdom), IDology (United States), Mitek Systems (United States), Veriff (Estonia), Acuant (United States) and ID.me (United States), to name a few.

3. Which region dominated the worldwide market for E-KYB in 2021?
is dominating the E-KYB Market.
Report Objectives / Segmentation Covered
By Application
  • Banks
  • Financial Institutions
  • Others
By Regions
  • South America
    • Brazil
    • Argentina
    • Rest of South America
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Rest of Asia-Pacific
  • Europe
    • Germany
    • France
    • Italy
    • United Kingdom
    • Netherlands
    • Rest of Europe
  • MEA
    • Middle East
    • Africa
  • North America
    • United States
    • Canada
    • Mexico
  • 1. Market Overview
    • 1.1. Introduction
    • 1.2. Scope/Objective of the Study
      • 1.2.1. Research Objective
  • 2. Executive Summary
    • 2.1. Introduction
  • 3. Market Dynamics
    • 3.1. Introduction
    • 3.2. Market Drivers
      • 3.2.1. Increasing Implementation of the E-KYB to Avoid Bearing Huge Financial Losses and Compliance Issues
      • 3.2.2. Growing Number of Digital Banking Users Globally
    • 3.3. Market Challenges
      • 3.3.1. Regulatory Standards Associated with the E-KYB
    • 3.4. Market Trends
      • 3.4.1. Increasing Requirement for Automation of Processes
      • 3.4.2. Introduction of Innovative Technologies
  • 4. Market Factor Analysis
    • 4.1. Porters Five Forces
    • 4.2. Supply/Value Chain
    • 4.3. PESTEL analysis
    • 4.4. Market Entropy
    • 4.5. Patent/Trademark Analysis
  • 5. Global E-KYB, by Application and Region (value and price ) (2016-2021)
    • 5.1. Introduction
    • 5.2. Global E-KYB (Value)
      • 5.2.1. Global E-KYB by: Application (Value)
        • 5.2.1.1. Banks
        • 5.2.1.2. Financial Institutions
        • 5.2.1.3. Others
      • 5.2.2. Global E-KYB Region
        • 5.2.2.1. South America
          • 5.2.2.1.1. Brazil
          • 5.2.2.1.2. Argentina
          • 5.2.2.1.3. Rest of South America
        • 5.2.2.2. Asia Pacific
          • 5.2.2.2.1. China
          • 5.2.2.2.2. Japan
          • 5.2.2.2.3. India
          • 5.2.2.2.4. South Korea
          • 5.2.2.2.5. Australia
          • 5.2.2.2.6. Rest of Asia-Pacific
        • 5.2.2.3. Europe
          • 5.2.2.3.1. Germany
          • 5.2.2.3.2. France
          • 5.2.2.3.3. Italy
          • 5.2.2.3.4. United Kingdom
          • 5.2.2.3.5. Netherlands
          • 5.2.2.3.6. Rest of Europe
        • 5.2.2.4. MEA
          • 5.2.2.4.1. Middle East
          • 5.2.2.4.2. Africa
        • 5.2.2.5. North America
          • 5.2.2.5.1. United States
          • 5.2.2.5.2. Canada
          • 5.2.2.5.3. Mexico
    • 5.3. Global E-KYB (Price)
  • 6. E-KYB: Manufacturers/Players Analysis
    • 6.1. Competitive Landscape
      • 6.1.1. Market Share Analysis
        • 6.1.1.1. Top 3
        • 6.1.1.2. Top 5
    • 6.2. Peer Group Analysis (2021)
    • 6.3. BCG Matrix
    • 6.4. Company Profile
      • 6.4.1. IDnow GmbH (Germany)
        • 6.4.1.1. Business Overview
        • 6.4.1.2. Products/Services Offerings
        • 6.4.1.3. Financial Analysis
        • 6.4.1.4. SWOT Analysis
      • 6.4.2. Trulioo (Canada)
        • 6.4.2.1. Business Overview
        • 6.4.2.2. Products/Services Offerings
        • 6.4.2.3. Financial Analysis
        • 6.4.2.4. SWOT Analysis
      • 6.4.3. Jumio (United States)
        • 6.4.3.1. Business Overview
        • 6.4.3.2. Products/Services Offerings
        • 6.4.3.3. Financial Analysis
        • 6.4.3.4. SWOT Analysis
      • 6.4.4. Onfido (United Kingdom)
        • 6.4.4.1. Business Overview
        • 6.4.4.2. Products/Services Offerings
        • 6.4.4.3. Financial Analysis
        • 6.4.4.4. SWOT Analysis
      • 6.4.5. IDology (United States)
        • 6.4.5.1. Business Overview
        • 6.4.5.2. Products/Services Offerings
        • 6.4.5.3. Financial Analysis
        • 6.4.5.4. SWOT Analysis
      • 6.4.6. Mitek Systems (United States)
        • 6.4.6.1. Business Overview
        • 6.4.6.2. Products/Services Offerings
        • 6.4.6.3. Financial Analysis
        • 6.4.6.4. SWOT Analysis
      • 6.4.7. Veriff (Estonia)
        • 6.4.7.1. Business Overview
        • 6.4.7.2. Products/Services Offerings
        • 6.4.7.3. Financial Analysis
        • 6.4.7.4. SWOT Analysis
      • 6.4.8. Acuant (United States)
        • 6.4.8.1. Business Overview
        • 6.4.8.2. Products/Services Offerings
        • 6.4.8.3. Financial Analysis
        • 6.4.8.4. SWOT Analysis
      • 6.4.9. ID.me (United States)
        • 6.4.9.1. Business Overview
        • 6.4.9.2. Products/Services Offerings
        • 6.4.9.3. Financial Analysis
        • 6.4.9.4. SWOT Analysis
  • 7. Global E-KYB Sale, by Application and Region (value and price ) (2022-2027)
    • 7.1. Introduction
    • 7.2. Global E-KYB (Value)
      • 7.2.1. Global E-KYB by: Application (Value)
        • 7.2.1.1. Banks
        • 7.2.1.2. Financial Institutions
        • 7.2.1.3. Others
      • 7.2.2. Global E-KYB Region
        • 7.2.2.1. South America
          • 7.2.2.1.1. Brazil
          • 7.2.2.1.2. Argentina
          • 7.2.2.1.3. Rest of South America
        • 7.2.2.2. Asia Pacific
          • 7.2.2.2.1. China
          • 7.2.2.2.2. Japan
          • 7.2.2.2.3. India
          • 7.2.2.2.4. South Korea
          • 7.2.2.2.5. Australia
          • 7.2.2.2.6. Rest of Asia-Pacific
        • 7.2.2.3. Europe
          • 7.2.2.3.1. Germany
          • 7.2.2.3.2. France
          • 7.2.2.3.3. Italy
          • 7.2.2.3.4. United Kingdom
          • 7.2.2.3.5. Netherlands
          • 7.2.2.3.6. Rest of Europe
        • 7.2.2.4. MEA
          • 7.2.2.4.1. Middle East
          • 7.2.2.4.2. Africa
        • 7.2.2.5. North America
          • 7.2.2.5.1. United States
          • 7.2.2.5.2. Canada
          • 7.2.2.5.3. Mexico
    • 7.3. Global E-KYB (Price)
  • 8. Appendix
    • 8.1. Acronyms
  • 9. Methodology and Data Source
    • 9.1. Methodology/Research Approach
      • 9.1.1. Research Programs/Design
      • 9.1.2. Market Size Estimation
      • 9.1.3. Market Breakdown and Data Triangulation
    • 9.2. Data Source
      • 9.2.1. Secondary Sources
      • 9.2.2. Primary Sources
    • 9.3. Disclaimer
List of Tables
  • Table 1. E-KYB: by Application(USD Million)
  • Table 2. E-KYB Banks , by Region USD Million (2016-2021)
  • Table 3. E-KYB Financial Institutions , by Region USD Million (2016-2021)
  • Table 4. E-KYB Others , by Region USD Million (2016-2021)
  • Table 5. South America E-KYB, by Country USD Million (2016-2021)
  • Table 6. South America E-KYB, by Application USD Million (2016-2021)
  • Table 7. Brazil E-KYB, by Application USD Million (2016-2021)
  • Table 8. Argentina E-KYB, by Application USD Million (2016-2021)
  • Table 9. Rest of South America E-KYB, by Application USD Million (2016-2021)
  • Table 10. Asia Pacific E-KYB, by Country USD Million (2016-2021)
  • Table 11. Asia Pacific E-KYB, by Application USD Million (2016-2021)
  • Table 12. China E-KYB, by Application USD Million (2016-2021)
  • Table 13. Japan E-KYB, by Application USD Million (2016-2021)
  • Table 14. India E-KYB, by Application USD Million (2016-2021)
  • Table 15. South Korea E-KYB, by Application USD Million (2016-2021)
  • Table 16. Australia E-KYB, by Application USD Million (2016-2021)
  • Table 17. Rest of Asia-Pacific E-KYB, by Application USD Million (2016-2021)
  • Table 18. Europe E-KYB, by Country USD Million (2016-2021)
  • Table 19. Europe E-KYB, by Application USD Million (2016-2021)
  • Table 20. Germany E-KYB, by Application USD Million (2016-2021)
  • Table 21. France E-KYB, by Application USD Million (2016-2021)
  • Table 22. Italy E-KYB, by Application USD Million (2016-2021)
  • Table 23. United Kingdom E-KYB, by Application USD Million (2016-2021)
  • Table 24. Netherlands E-KYB, by Application USD Million (2016-2021)
  • Table 25. Rest of Europe E-KYB, by Application USD Million (2016-2021)
  • Table 26. MEA E-KYB, by Country USD Million (2016-2021)
  • Table 27. MEA E-KYB, by Application USD Million (2016-2021)
  • Table 28. Middle East E-KYB, by Application USD Million (2016-2021)
  • Table 29. Africa E-KYB, by Application USD Million (2016-2021)
  • Table 30. North America E-KYB, by Country USD Million (2016-2021)
  • Table 31. North America E-KYB, by Application USD Million (2016-2021)
  • Table 32. United States E-KYB, by Application USD Million (2016-2021)
  • Table 33. Canada E-KYB, by Application USD Million (2016-2021)
  • Table 34. Mexico E-KYB, by Application USD Million (2016-2021)
  • Table 35. Company Basic Information, Sales Area and Its Competitors
  • Table 36. Company Basic Information, Sales Area and Its Competitors
  • Table 37. Company Basic Information, Sales Area and Its Competitors
  • Table 38. Company Basic Information, Sales Area and Its Competitors
  • Table 39. Company Basic Information, Sales Area and Its Competitors
  • Table 40. Company Basic Information, Sales Area and Its Competitors
  • Table 41. Company Basic Information, Sales Area and Its Competitors
  • Table 42. Company Basic Information, Sales Area and Its Competitors
  • Table 43. Company Basic Information, Sales Area and Its Competitors
  • Table 44. E-KYB: by Application(USD Million)
  • Table 45. E-KYB Banks , by Region USD Million (2022-2027)
  • Table 46. E-KYB Financial Institutions , by Region USD Million (2022-2027)
  • Table 47. E-KYB Others , by Region USD Million (2022-2027)
  • Table 48. South America E-KYB, by Country USD Million (2022-2027)
  • Table 49. South America E-KYB, by Application USD Million (2022-2027)
  • Table 50. Brazil E-KYB, by Application USD Million (2022-2027)
  • Table 51. Argentina E-KYB, by Application USD Million (2022-2027)
  • Table 52. Rest of South America E-KYB, by Application USD Million (2022-2027)
  • Table 53. Asia Pacific E-KYB, by Country USD Million (2022-2027)
  • Table 54. Asia Pacific E-KYB, by Application USD Million (2022-2027)
  • Table 55. China E-KYB, by Application USD Million (2022-2027)
  • Table 56. Japan E-KYB, by Application USD Million (2022-2027)
  • Table 57. India E-KYB, by Application USD Million (2022-2027)
  • Table 58. South Korea E-KYB, by Application USD Million (2022-2027)
  • Table 59. Australia E-KYB, by Application USD Million (2022-2027)
  • Table 60. Rest of Asia-Pacific E-KYB, by Application USD Million (2022-2027)
  • Table 61. Europe E-KYB, by Country USD Million (2022-2027)
  • Table 62. Europe E-KYB, by Application USD Million (2022-2027)
  • Table 63. Germany E-KYB, by Application USD Million (2022-2027)
  • Table 64. France E-KYB, by Application USD Million (2022-2027)
  • Table 65. Italy E-KYB, by Application USD Million (2022-2027)
  • Table 66. United Kingdom E-KYB, by Application USD Million (2022-2027)
  • Table 67. Netherlands E-KYB, by Application USD Million (2022-2027)
  • Table 68. Rest of Europe E-KYB, by Application USD Million (2022-2027)
  • Table 69. MEA E-KYB, by Country USD Million (2022-2027)
  • Table 70. MEA E-KYB, by Application USD Million (2022-2027)
  • Table 71. Middle East E-KYB, by Application USD Million (2022-2027)
  • Table 72. Africa E-KYB, by Application USD Million (2022-2027)
  • Table 73. North America E-KYB, by Country USD Million (2022-2027)
  • Table 74. North America E-KYB, by Application USD Million (2022-2027)
  • Table 75. United States E-KYB, by Application USD Million (2022-2027)
  • Table 76. Canada E-KYB, by Application USD Million (2022-2027)
  • Table 77. Mexico E-KYB, by Application USD Million (2022-2027)
  • Table 78. Research Programs/Design for This Report
  • Table 79. Key Data Information from Secondary Sources
  • Table 80. Key Data Information from Primary Sources
List of Figures
  • Figure 1. Porters Five Forces
  • Figure 2. Supply/Value Chain
  • Figure 3. PESTEL analysis
  • Figure 4. Global E-KYB: by Application USD Million (2016-2021)
  • Figure 5. South America E-KYB Share (%), by Country
  • Figure 6. Asia Pacific E-KYB Share (%), by Country
  • Figure 7. Europe E-KYB Share (%), by Country
  • Figure 8. MEA E-KYB Share (%), by Country
  • Figure 9. North America E-KYB Share (%), by Country
  • Figure 10. Global E-KYB share by Players 2021 (%)
  • Figure 11. Global E-KYB share by Players (Top 3) 2021(%)
  • Figure 12. Global E-KYB share by Players (Top 5) 2021(%)
  • Figure 13. BCG Matrix for key Companies
  • Figure 14. IDnow GmbH (Germany) Revenue, Net Income and Gross profit
  • Figure 15. IDnow GmbH (Germany) Revenue: by Geography 2021
  • Figure 16. Trulioo (Canada) Revenue, Net Income and Gross profit
  • Figure 17. Trulioo (Canada) Revenue: by Geography 2021
  • Figure 18. Jumio (United States) Revenue, Net Income and Gross profit
  • Figure 19. Jumio (United States) Revenue: by Geography 2021
  • Figure 20. Onfido (United Kingdom) Revenue, Net Income and Gross profit
  • Figure 21. Onfido (United Kingdom) Revenue: by Geography 2021
  • Figure 22. IDology (United States) Revenue, Net Income and Gross profit
  • Figure 23. IDology (United States) Revenue: by Geography 2021
  • Figure 24. Mitek Systems (United States) Revenue, Net Income and Gross profit
  • Figure 25. Mitek Systems (United States) Revenue: by Geography 2021
  • Figure 26. Veriff (Estonia) Revenue, Net Income and Gross profit
  • Figure 27. Veriff (Estonia) Revenue: by Geography 2021
  • Figure 28. Acuant (United States) Revenue, Net Income and Gross profit
  • Figure 29. Acuant (United States) Revenue: by Geography 2021
  • Figure 30. ID.me (United States) Revenue, Net Income and Gross profit
  • Figure 31. ID.me (United States) Revenue: by Geography 2021
  • Figure 32. Global E-KYB: by Application USD Million (2022-2027)
  • Figure 33. South America E-KYB Share (%), by Country
  • Figure 34. Asia Pacific E-KYB Share (%), by Country
  • Figure 35. Europe E-KYB Share (%), by Country
  • Figure 36. MEA E-KYB Share (%), by Country
  • Figure 37. North America E-KYB Share (%), by Country
Some of the key companies/manufacturers profiled in the report
  • IDnow GmbH (Germany)
  • Trulioo (Canada)
  • Jumio (United States)
  • Onfido (United Kingdom)
  • IDology (United States)
  • Mitek Systems (United States)
  • Veriff (Estonia)
  • Acuant (United States)
  • ID.me (United States)
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