Identity theft is a type of fraud in which an imposter steals individual or company information and uses this information to gain some benefit, such as financial or goods. Thereby, the necessity of identity theft protection to prevent this loss anticipates the growth of the identity theft protection market. Further, increasing digitalization, coupled with the increase in the number of internet-based financial transactions, is also booming the identity theft protection market growth.
MARKET DYNAMICS
A growing number of malicious data breaches and necessitates the deployment of identity theft protection to prevent theft are triggering the identity theft protection market growth. The rising IT and telecom sector, education, BFSI, and the increased confidential data of government and the defense system lead to the growth of the identity theft protection market. Moreover, the rising emphasis on electronic IDs, necessity of observing and identifying signs of unauthorized use is expected to boost the identity theft protection market.
MARKET SCOPE
The "Global Identity Theft Protection Market Analysis to 2028"? is a specialized and in-depth study of the identity theft protection industry with a special focus on the global market trend analysis. The report aims to provide an overview identity theft protection market with detailed market segmentation as type, end-user, and geography. The global identity theft protection market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading identity theft protection market players and offers key trends and opportunities in the identity theft protection market.
MARKET SEGMENTATION
The global identity theft protection market is segmented on the basis of type, end-user. On the basis of type the market is segmented as credit card fraud, employment and tax related fraud, phone and utility fraud, bank fraud. On the basis of end-user the market is segmented as consumer, enterprises.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides overview and forecast of the global identity theft protection market based on various segments. It also provides market size and forecast estimates from year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The identity theft protection market by each region is later sub-segmented by respective countries and segments. The report covers analysis and forecast of 18 countries globally along with current trend and opportunities prevailing in the region.
The report analyzes factors affecting identity theft protection market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the identity theft protection market in these regions.
MARKET PLAYERS
The reports cover key developments in the identity theft protection market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for expansion of business and customer base of market players. The market players from Identity theft protection market are anticipated to lucrative growth opportunities in the future with the rising demand for identity theft protection in the global market. Below mentioned is the list of few companies engaged in the identity theft protection market.
The report also includes the profiles of key identity theft protection companies along with their SWOT analysis and market strategies. In addition, the report focuses on leading industry players with information such as company profiles, components and services offered, financial information of last 3 years, key development in past five years.
- AllClear ID
- Allstate Corporation
- Equifax, Inc.
- Experian
- ID Watchdog
- Identity Guard
- IdentityForce, Inc.
- McAfee, LLC.
- NortonLifeLock Inc.
- TransUnion LLC.
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.