For anyone interested in digital ID tech and its progress in the UK, there is a wealth of data on a recently updated UK GOV webpage. It includes the main players in the market, their locations, the trends in ID tech and much more.
This is going to be very useful in verifying insurance claims in particular, but also in first quotes and linking other public record data to an individual at the point of quote, or renewal. Here are some highlights from the GOV survey;
- Approximately half of these firms are registered in London, with clusters in the South East (15% of firms and employment) and North West (9% of firms, 16% of employment)
- Nearly half (49%) of firms operate at small or medium size (10 to 249 employees), representing significant mid-market provision in the sector
- Of the 266 firms identified, 199 (75%) are headquartered in the United Kingdom, with strong international presence primarily from US-based firms
- The UK sector is highly internationalised. We find that 34% of UK headquartered digital identity firms have a physical presence in international markets. A quarter (25%) of digital identity firms in the UK are headquartered internationally, suggesting the UK is an attractive location for Foreign Direct Investment (FDI), particularly from US and European firms
- Further, for the largest twenty firms that provide a breakdown of revenue by geographic market in their annual accounts, over half (57%) of this revenue is generated from international markets
There is a stack of info here by the way.
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