Australia's new law restricting social media for minors has prompted a legal challenge from Reddit, highlighting a growing global need for compliance. This regulatory shift creates a significant opportunity for companies specializing in digital identity and age verification technologies.
Published on December 12
Australia's landmark law is just the beginning. As more countries follow suit with similar age verification requirements, these companies will become essential partners for compliance.
When platforms face hefty penalties for non-compliance, investing in verification technology becomes a business necessity rather than a choice, creating predictable demand.
These firms provide the fundamental infrastructure that social media giants and digital platforms must licence to operate legally in regulated markets.
Australia's groundbreaking social media law requiring age verification for under-16s represents a global regulatory shift. As similar legislation emerges worldwide, platforms will need robust digital identity solutions to comply with new rules or face substantial penalties.
This group focuses on companies providing the critical technology infrastructure for age and identity verification. These specialised firms offer the tools that major platforms must licence to meet compliance requirements, creating a potential non-discretionary spending cycle.
Each company was selected for its leadership in cybersecurity, cloud identity management, biometrics, or data verification. These are the firms positioned to capitalise on the expanding compliance market as regulatory pressures mount globally.
This basket's total market cap is $5.00T and it is heavily anchored by a few large-cap stocks, which tends to reduce volatility and create a more stable profile.
OKTA: $16.06B
DOCU: $14.07B
CYBR: $23.21B
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Here are a few of the assets in this group. Create an account to unlock the full list.
OKTA INC
OKTA
Current Price
$130.23
As a leading provider of identity and access management solutions, Okta's technology is fundamental for verifying user identities online to comply wit...
As a leading provider of identity and access management solutions, Okta's technology is fundamental for verifying user identities online to comply with age restrictions.
DOCUSIGN INC
DOCU
Current Price
$60.61
DocuSign provides identity verification services to authenticate signers, a technology directly applicable to the challenge of verifying user ages for...
DocuSign provides identity verification services to authenticate signers, a technology directly applicable to the challenge of verifying user ages for online services.
CROWDSTRIKE HOLDINGS INC
CRWD
Current Price
$184.41
CrowdStrike offers identity threat detection and response, which is essential for protecting user accounts after their identity and age have been veri...
CrowdStrike offers identity threat detection and response, which is essential for protecting user accounts after their identity and age have been verified.
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Use the growth calculator to see how much investing in these assets could return over one year, based on aggregated analyst sentiment provided by Refinitive Ltd.
If you invested across these assets:
In 12 months it might be worth:
+8.81%
On average, analysts expect assets in this group to grow 8.81% over the next year.
11 of 14 assets in this group are rated Buy by professional analysts.
