Sheetal2316 Jun, 2025Technology
This market growth is driven by advancements in technologies such as Artificial Intelligence (AI), Machine Learning (ML), and blockchain. AI and ML enhance user behavior tracking and anomaly detection, minimizing the risk of identity fraud, while blockchain provides decentralized, tamper-proof identity management, ensuring enhanced security. Additionally, the rising threats of cybersecurity breaches and identity theft are compelling organizations to adopt more robust solutions to mitigate risks.
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