Age Assurance Market Set to Nearly Double to $10.4B by 2029: Liminal

Liminal has released two comprehensive reports analyzing the age assurance landscape. The reports, titled “Link Index: Age Verification” and “Link Index: Age Estimation,” provide detailed benchmarking of over 40 prominent vendors in the field, offering crucial insights for businesses navigating increasingly complex regulatory requirements.

The global age assurance market shows significant growth potential, with projections indicating an expansion from $5.7 billion in 2025 to $10.4 billion by 2029. This growth is primarily driven by stricter regulatory enforcement and an increasing demand for safer online environments, particularly following the rise of integrated identity platforms across various sectors.

According to the reports, organizations face significant challenges in balancing compliance requirements with user experience. Data shows that 85 percent of practitioners consider data privacy and user experience as the second most important factors when selecting age assurance solutions. The analysis segments vendors into three main categories: legacy data solutions, identity-driven companies, and next-generation AI-powered verification specialists.

A notable trend highlighted in the reports is the industry’s shift toward more sophisticated verification methods. Companies are increasingly adopting biometric, AI-driven, and behavioral analytics-based estimation models for digital onboarding. The transition reflects the growing emphasis on combining robust verification with seamless user experiences, with 86 percent of industry leaders prioritizing both aspects.

The reports also address emerging challenges in the verification landscape, noting that 38 percent of users report encountering deepfakes online. This growing threat has intensified the demand for age assurance solutions that incorporate advanced fraud detection capabilities. By 2026, compliance-related fines are expected to exceed $2.5 billion, underlining the critical importance of implementing effective age verification systems.

“With increasing regulatory scrutiny and the growing need for digital identity solutions, businesses must adopt future-proofed age assurance strategies that prioritize compliance and user experience,” said Filip Verley, Chief Innovation Officer at Liminal.

The reports use Liminal’s proprietary framework to assess and rank product capabilities based on market needs, leveraging their Digital Identity Landscape taxonomy. This methodology provides organizations with actionable insights for implementing scalable, compliant age assurance solutions while optimizing user experience.

Sources: PR Newswire, Liminal

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February 27, 2025 – by the ID Tech Editorial Team