Global Identity Theft Protection Services Market Segments 2024, Forecast To 2033
5 Mar, 2024
The identity theft protection services market has witnessed rapid growth, increasing from $11.84 billion in 2023 to $13.18 billion in 2024, with an 11.4% CAGR. The historic period's growth is attributed to financial fraud incidents and increased digitalization. Expecting rapid growth, the market is projected to reach $20.86 billion in 2028 with a 12.2% CAGR. This growth is fueled by consumer awareness, cybercrime trends, and digital transaction growth, accompanied by trends like AI integration and biometric authentication.
Global Identity Theft Protection Services Market Key Driver
The identity theft protection services market is expected to thrive due to the escalating number of fraudulent activities. With 2.8 million fraud claims in 2022, amounting to over $5.8 billion in losses, the need for protection services becomes crucial. The market growth is fueled by a surge in fraudulent activities that jeopardize personal information and financial security.
Get A Free Sample Of The Global Identity Theft Protection Services Market ReportGlobal Identity Theft Protection Services Market Segments
The identity theft protection services market covered in this report is segmented –
1) By Service: Monitoring Services, Credit Monitoring, Identity Monitoring, Identity Recovery And Theft Insurance Services
2) By Type: Credit Card Fraud, Employment And Tax Related Fraud, Phone Or Utility Fraud, Bank Fraud
3) By End-Use: Consumers, Enterprises
By Geography: The regions covered in the anti inflammatory therapeutics market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions.
North Americawas the largest region in the identity theft protection services market in 2023. The regions covered in the identity theft protection services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa
Major Identity Theft Protection Services Industry Players
NortonLifeLock Inc.; TransUnion LLC; Experian Information Solutions Inc.; LexisNexis Risk Solutions; AllClearID Inc.; Kroll Inc.; Fair Isaac Corporation; McAfee LLC; Identity Force Inc.; Equifax Inc.; Malwarebytes Ltd.; Lifelock Inc.; Cyberscout LLC; Intersections Communications Inc.; Symantec Corporation; RELX PLC; PrivacyGuard Holdings Inc.; F-Secure Corporation; Check Point Software Technologies Ltd.; Cisco Systems Inc.; CrowdStrike Holdings Inc.; Fortinet Inc.; Palo Alto Networks Inc.; Rapid7 Inc.; SentinelOne Inc.; Sophos Group plc; Tenable Holdings Inc.; Trend Micro Incorporated; Zscaler Inc.; ID Watchdog
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AIOps Identity Theft Protection Services Market Overview
Identity theft protection service refers to any service that assists 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 perpetrate other crimes. Identity theft protection services can alert clients to questionable activity and assist them in minimize the damages.
Identity Theft Protection Services Global Market Report 2023 provides data on the global identity theft protection services market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The identity theft protection services market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.