2024 Gartner® Magic Quadrant™ for Identity Verification
Get the Magic Quadrant to understand why Jumio was named a Leader
The identity verification market continues to grow, with Gartner currently tracking over 100 IDV vendors. This first-ever Magic Quadrant for Identity Verification evaluates 11 vendors to help IAM leaders select the best choice to meet their core requirements and offer lasting value. The research names Jumio as a Leader, with evaluation based on specific criteria that analyzed the company’s overall Completeness of Vision and Ability to Execute.
A Magic Quadrant provides a graphical competitive positioning of four types of technology providers, in markets where growth is high and provider differentiation is distinct:
Leaders execute well against their current vision and are well positioned for tomorrow.
Visionaries understand where the market is going or have a vision for changing market rules, but do not yet execute well.
Niche Players focus successfully on a small segment, or are unfocused and do not out-innovate or outperform others.
Challengers execute well today or may dominate a large segment, but do not demonstrate an understanding of market direction.
As defined in the Magic Quadrant for Identity Verification, “Leaders deliver a broad and comprehensive IDV product that addresses a wide range of use cases and customer needs. They have successfully built a significant installed customer base and revenue stream. Leaders demonstrate a superior vision that goes beyond simply doing more of the same at a larger scale. They also demonstrate strong execution to bring that vision to fruition. They anticipate IDV requirements and in some ways help shape the market.”
2024 Gartner Magic Quadrant for Identity Verification, Akif Khan, James Hoover, Nayara Sangiorgio, 21 October 2024.
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