This Leadership Compass report evaluates reusable verified identity solutions, highlighting key market capabilities and vendor standings based on various criteria. Verified identities, which are digital identities verified to describe real-world entities, are integral to reusable identity solutions. The primary factor differentiating vendors is the storage model, divided between centralized, decentralized, and hybrid options, as well as various storage locations. Key players in the market include 1Kosmos, IDEMIA, Microsoft, Ping Identity, Signicat, and Thales. The solutions enable identity reuse both within the issuer's ecosystem and with independent service providers.
Reusability challenges traditional notions of digital trust by allowing identities verified at sufficient assurance levels to be portable and interoperable across different contexts. Identity verification, fundamental to reusability, must maintain validity over time through easy and cost-effective reverification. Vendors must balance pros and cons of different storage locations and models to meet organizational needs. Market segmentation includes providers with different geographic focuses, levels of reusability, and phases of market growth.
The Leadership Compass comprehensively analyzes market requirements, vendor capabilities, and provides detailed vendor ratings. Key capabilities for reusable verified identity solutions include identity verification, ease of reverification, secure storage, authentication, continuous applicability for both workforce and consumer identity management (IAM), scalability, and privacy protection. Different vendors excel in various leadership categories such as Product Leadership, Innovation Leadership, and Market Leadership. The report emphasizes the need for thorough vendor evaluation and considers multiple leadership categories to identify the best fit for specific customer requirements.
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