iCrowdNewswire Feb 18, 2021 8:00 PM ET
Global Identity Theft Protection Services Market Growth Status and Outlook 2021-2026
Identity theft is a crime, a type of fraud in which an imposter steals individual information of another person (or a company) and uses it by pretending to be someone else in order to gain some benefit (e.g. money or goods). An identity theft can cause a victim both a financial and emotional damage and also a waste of time and energy needed to avoid consequences of the fraud.
According to this latest study, the 2020 growth of Identity Theft Protection Services will have significant change from previous year. By the most conservative estimates of global Identity Theft Protection Services market size (most likely outcome) will be a year-over-year revenue growth rate of XX% in 2020, from US$ 4933.1 million in 2019. Over the next five years the Identity Theft Protection Services market will register a 7.2% CAGR in terms of revenue, the global market size will reach US$ 6509.5 million by 2025.
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Companies Profiled in this report includes: NortonLifeLock, Experian, TransUnion, LexisNexis, FICO, Equifax, Affinion, Allstate, Intersections, AllClear ID
The identity theft can also affect companies, causing not only economic but also reputational damages (e.g. the imposter offers lower quality services compared to the ones offered by the original company). Moreover the companies are supposed to protect beyond themself, also their employees, clients and suppliers, and so they are responsible to damages caused to the third parties in a case of bad handling of their sensible data. Depending on a different country the fine for not proper handling such data could be very high. Therefore, in order to prevent that risk, the most important practices are the training of the employees about the risks and manners in which identity theft can be performed, and the countermeasures to adopt. Also it is advisable to have a good information system provided with adequate security and constantly updated.
Identities are more valuable than ever. Identity theft protection helps protect potential victims of identity theft. Companies typically offer four different services: credit monitoring, expert support, insurance, and information surveillance via internet and public sources. Through these, companies are can detect identity theft, and mitigate the damage thereof.
This report presents a comprehensive overview, market shares, and growth opportunities of Identity Theft Protection Services market by product type, application, key manufacturers and key regions and countries.
Segmentation by type: breakdown data from 2016 to 2021 in Section 2.3; and forecast to 2026 in section 10.7.
Credit Card Fraud
Segmentation by application: breakdown data from 2016 to 2021, in Section 2.4; and forecast to 2026 in section 10.8.
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To study and analyze the global Identity Theft Protection Services market size by key regions/countries, type and application, history data from 2015 to 2019, and forecast to 2025.
To understand the structure of Identity Theft Protection Services market by identifying its various subsegments.
Focuses on the key global Identity Theft Protection Services players, to define, describe and analyze the value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Identity Theft Protection Services with respect to individual growth trends, future prospects, and their contribution to the total market.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
To project the size of Identity Theft Protection Services submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.
Table of Content:
1 Scope of the Report
2 Executive Summary
3 Global Identity Theft Protection Services by Players
4 Identity Theft Protection Services by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Global Identity Theft Protection Services Market Forecast
11 Key Players Analysis
11.1.1 NortonLifeLock Company Information
11.1.2 NortonLifeLock Identity Theft Protection Services Product Offered
11.1.3 NortonLifeLock Identity Theft Protection Services Revenue, Gross Margin and Market Share (2019-2021)
11.1.4 NortonLifeLock Main Business Overview
11.1.5 NortonLifeLock Latest Developments
11.2.1 Experian Company Information
11.2.2 Experian Identity Theft Protection Services Product Offered
11.2.3 Experian Identity Theft Protection Services Revenue, Gross Margin and Market Share (2019-2021)
11.2.4 Experian Main Business Overview
11.2.5 Experian Latest Developments
11.3.1 TransUnion Company Information
11.3.2 TransUnion Identity Theft Protection Services Product Offered
11.3.3 TransUnion Identity Theft Protection Services Revenue, Gross Margin and Market Share (2019-2021)
11.3.4 TransUnion Main Business Overview
11.3.5 TransUnion Latest Developments
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