The global identity theft protection services market size was USD 10.07 billion in 2021. The market is expected to grow from USD 11.39 billion in 2022 to USD 27.90 billion by 2030, exhibiting a CAGR of 13.7% during the forecast period.
The Global Identity Theft Protection Services Market – Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030. The market growth is supported by various growth factors and major market determinants. The market research report includes the analysis of the market based on geographical segmentation and market segmentation. The Global Identity Theft Protection Services Market report is a valuable source of insightful statistics for business strategists. This Report offers an industry overview with historic and future cost and growth analysis, revenue, demand, and supply data. Our analyst offers a comprehensive overview of the value chain and analysis of your distributor. This market study provides comprehensive data that enhances the understanding, scope, and application of this report.
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One of the main things pushing the growth of the global identity theft protection services market is the fact that cyber threats are getting worse. As more businesses move online and use these services, there is more demand for good identity theft protection services. Adoption Identity theft in the public and government sectors may be driving the rise in anti-theft services. This may also help the global market for identity theft prevention services grow during the forecast period.
People are likely to understand products better because Internet services are easy and quick. This makes it possible for banks to offer more value-based services and make the customer experience better. But because fraud is becoming more likely, identity theft prevention services are needed. The goal of the service to stop identity theft is to keep personal information from being stolen or used without permission. Often, these services offer things like insurance against identity theft, credit monitoring, and fraud alerts. Some companies may help you get your identity back after it has been stolen.
Top Leading Companies of Global Identity Theft Protection Services Market are LifeLock (Symantec), Experian, Equifax, TransUnion, FICO, Affinion, McAfee., and others., and others.
On the Basis of Type:
- Credit Card Fraud
- Employment or Tax-Related Fraud
- Phone or Utility Fraud
- Bank Fraud
- Other
On the Basis of Application:
- Consumer
- Enterprise
- Others
Global Identity Theft Protection Services Market: Regional Analysis
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- South America (Mexico, Brazil, Argentina, Columbia, Rest of South America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
Due to the number of new accounts, North America is expected to have the largest share of the market for services that protect against identity theft. In 2021, the North American market is expected to be worth $4.25 billion, which is a big part of the world market. Also, government programmes to stop identity theft could make more people use services to protect their identities.
In the Asia-Pacific region, more people are getting credit cards and more people are using digital payment methods. This could lead to more people using digital payment methods. Identity theft prevention services may also get a boost from the growing number of 5G services.
In Europe, bad things like mail theft have become more common, and the rise of phishing may help the industry grow.
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Years considered for this report:
Historical Years: 2017-2021
Base Year: 2022
Estimated Year: 2022
Forecast Period: 2023-2030
Important Sections from the Table of Contents:
- Global Identity Theft Protection Services Market Overview
- Economic Impact on Industry
- Market Competition by Manufacturers
- Production, Revenue (Value) by Region
- Supply (Production), Consumption, Export, Import by Regions
- Production, Revenue (Value), Price Trend by Type
- Market Analysis by Application
- Manufacturing Cost Analysis
- Industrial Chain, Sourcing Strategy and Downstream Buyers
- Marketing Strategy Analysis, Distributors/Traders
- Market Effect Factors Analysis
- Global Identity Theft Protection Services Market Forecast
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