The Identity Theft Protection Services Global Market Report 2023, provides comprehensive information on the identity theft protection services market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
Learn More On The Identity Theft Protection Services Market’s Growth:
The global identity theft protection services market size 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 Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global identity theft protection services market size is expected to grow to $18.28 billion in 2027 at a CAGR of 11.3%.
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Product innovation has emerged as a key trend gaining popularity in the identity theft protection services market. Major companies operating in the identity theft protection services market are focused on developing innovative solutions to strengthen their position in the market. For instance, in July 2020, Equifax, a US-based credit bureau company, launched innovative credit monitoring and identity theft protection products, Equifax Credit Monitor and Equifax Complete, for monitoring credit reports and assisting in the prevention of identity theft. The software features surveillance, the ability to lock credit reports, and identity theft protection. The cost-effectiveness of this solution, which offers these unique sets of bundled capabilities at these bargain pricing points, is its distinctive attribute.
The identity theft protection services market 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
North America was the largest region in the identity theft protection services market in 2022.
The table of contents in TBRC’s identity theft protection services market report includes:
- Executive Summary
- Identity Theft Protection Services Market Characteristics
- Identity Theft Protection Services Market Trends And Strategies
- Identity Theft Protection Services Market – Macro Economic Scenario
- Identity Theft Protection Services Market Size And Growth
- Identity Theft Protection Services Market Segmentation
- Identity Theft Protection Services Market Regional And Country Analysis
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- Key Mergers And Acquisitions In The Identity Theft Protection Services Market
- Identity Theft Protection Services Market Future Outlook and Potential Analysis
- Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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