Global Identity Theft Protection Services Market
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Insights Into The Identity Theft Protection Services Market’s Growth Opportunities Through 2023-2032 – Includes Identity Theft Protection Services Market Size

The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

 

An increase in fraudulent activities is projected to boost identity theft protection services manufacturing innovation, pushing the market during the forecast period.

 

The global identity theft protection services market is expected to grow from $10.70 billion in 2022 to $11.91 billion in 2023 at a compound annual growth rate (CAGR) of 11.3%. The market is expected to $18.28 billion in 2027 at a CAGR of 11.3%.

 

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Global Identity Theft Protection Services Market Segments Include:

  • By Service: Monitoring Services, Credit Monitoring, Identity Monitoring, Identity Recovery And Theft Insurance Services
  • By Type: Credit Card Fraud, Employment And Tax Related Fraud, Phone Or Utility Fraud, Bank Fraud
  • By End-Use: Consumers, Enterprises
  • By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global Identity Theft Protection Services market in 2021.

 

Major Market Players in the Identity Theft Protection Services market include NortonLifeLock Inc., TransUnion LLC, Experian Information Solutions Inc., LexisNexis Risk Solutions, AllClearID Inc., Kroll Inc., Fair Isaac Corporation.

 

Product innovation has emerged as a key trend gaining traction in the market for identity theft protection services. Major players in the identity theft protection services market are focusing on providing novel solutions to increase their market position. Equifax, a US-based credit bureau firm, for example, debuted novel credit monitoring and identity theft protection products, Equifax Credit Monitor and Equifax Complete, in July 2020, for monitoring credit reports and assisting in the prevention of identity theft. Surveillance, the option to lock credit reports, and identity theft protection are all included in the software. The cost-effectiveness of this solution, which provides these unique sets of bundled capabilities at these low prices, is its distinguishing feature.

 

The Identity Theft Protection Services Global Market Report 2023  provides an Identity Theft Protection Services market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The Identity Theft Protection Services market forecast analyzes Identity Theft Protection Services market size, Identity Theft Protection Services market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

 

Any service that supports people in protecting themselves against the illegal acquisition of their personal data, such as their name, birthday, and social security number, and the use of that information to steal money or commit other crimes is referred to as identity theft protection service. Identity theft protection services can warn clients to suspicious behaviour and aid them in mitigating the consequences.

 

Explore Similar Reports From The Business Research Company:

Insurance Fraud Detection Global Market Report 2023

Identity As A Service Global Market Report 2023

ECommerce Fraud Detection And Prevention Global Market Report 2023

 

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