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The global identity verification and authentication market is expected to see rapid growth in the next few years, reaching $24.46 billion in 2028. This growth can be attributed to the evolution of biometrics, AI and machine learning integration, and the rise in remote transactions. Major trends in the market include blockchain technology integration, increasing digital transactions, and advancements in behavioral analytics for continuous authentication. Top companies in the market include IDEMIA, Nuance Communications Inc., and Okta Inc. The rise in identity theft cases and cyberattacks is expected to further drive the growth of this market.