The global identity theft protection services market size was USD 10.07 billion in 2021. The market is expected to grow from USD 11.39 billion in 2022 to USD 27.90 billion by 2029, exhibiting a CAGR of 13.7% during the forecast period.

Identity Theft Protection Services Market Overview

The increasing threat related to cybersecurity is one of the major drivers for the growth of the global identity theft protection services market. As businesses move to online platforms and use these services, the demand for quality identity theft protection services is increasing. Adoption The increase in anti-theft services may be fueled by increasing identity theft in the public and government sectors, which may contribute to the expansion of the global market for identity theft prevention services during the forecast period.

The ease and promptness of Internet services are expected to increase consumer understanding of products. This allows banks to expand the reach of their value-based offerings and improve the customer experience. However, the increasing possibility of fraud has made identity theft prevention services necessary. The identity theft prevention service is intended to help prevent theft and unauthorized use of personal information. These services frequently offer features such as identity theft insurance, credit monitoring, and fraud alerts. Some companies may offer assistance in regaining your identity after identity theft.

The Identity Theft Protection Services Market has been recently published by Contrive Datum Insights to its huge database which helps to shape the future of businesses by making well-informed business decisions. It offers a comprehensive analysis of various business aspects such as global market trends, recent technological advancements, market size, shares, and new innovations. Furthermore, this analytical data has been compiled through data exploratory techniques such as primary and secondary research. Moreover, an expert team of researchers throws light on various static as well as dynamic aspects of the global Identity Theft Protection Services market.

Some of the key players profiled in the study are:

Different leading key players have been profiled to get better insights into the businesses. It offers detailed elaboration on different top-level industries which are functioning in global regions. It includes informative data such as company overview, contact information, and some significant strategies followed by key players: LifeLock (Symantec), Experian, Equifax, TransUnion, FICO, Affinion, McAfee., and others.

Industry Development:

• May 2021: McAfee, LLC partnered with Fujistu Client Computing Ltd. for securing consumer PCs. The agreement allows for the effortless deployment of McAfee solutions to protect digital lives.

What are the major Applications, Types, and Regions for the Identity Theft Protection Services Market?

On the Basis of Type:

• Credit Card Fraud, Employment or Tax-Related Fraud, Phone or Utility Fraud, Bank Fraud, Other

On the Basis of Application:

• Consumer, Enterprise, Others

Identity Theft Protection Services Market Regional Insights:

North America is expected to dominate the identity theft protection services market share due to new account openings. The North American market is expected to account for a significant portion of the global market share at $4.25 billion in 2021. Additionally, government initiatives to combat identity theft could increase the adoption of identity theft protection services.
In the Asia-Pacific region, the adoption of digital payment modes may increase due to the growing number of credit card holders and the widespread adoption of digital payment modes. In addition, the increasing development of 5G services may boost the identity theft prevention service industry.
In Europe, increased activity such as mail theft increased malicious activity, and increased phishing activity may spur industry development.

Geographically, the global Identity Theft Protection Services market has been analyzed in various regions such as North America, Europe, Asia-Pacific, Latin America, Middle East, and India. The global region is dominating this market in the upcoming future.

• North America
• US
• Canada
• Mexico
• Rest of North America
• Europe
• Germany
• France
• Italy
• Spain
• UK
• Nordic Countries
• Denmark
• Finland
• Iceland
• Sweden
• Norway
• Benelux Union
• Belgium
• The Netherlands
• Luxembourg
• Rest of Europe
• Asia-Pacific
• Japan
• China
• India
• Australia
• South Korea
• Southeast Asia
• Indonesia
• Thailand
• Malaysia
• Singapore
• Rest of Southeast Asia
• Rest of Asia-Pacific
• The Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• South Africa
• Rest of the Middle East & Africa
• Latin America
• Brazil
• Argentina
• Rest of Latin America

Identity Theft Protection Services Market Report Scope:

Report Attributes	Details
Growth Rate	CAGR of 13.7% from 2022 to 2030.
By Type	Credit Card Fraud, Employment or Tax-Related Fraud, Phone or Utility Fraud, Bank Fraud, Other
By Application	Consumer, Enterprise, Others
By Companies	LifeLock (Symantec), Experian, Equifax, TransUnion, FICO, Affinion, McAfee.
Regions and Countries Covered	North America: (US, Canada, Mexico, Rest of North America) Europe(Germany, France, Italy, Spain, UK, Nordic Countries, Benelux Union, Rest of Europe) Asia-Pacific (Japan, China, India, Australia, South Korea, Southeast Asia, Rest of Asia-Pacific) The Middle East & Africa(Saudi Arabia, UAE, Egypt, South Africa, Rest of the Middle East & Africa) Latin America(Brazil, Argentina, Rest of Latin America) Rest Of the World
Base Year	2022
Historical Year	2017 to 2022
Forecast Year	2023 to 2030

Frequently Asked Questions (FAQ) about the Identity Theft Protection Services market:

What is the CAGR of the global Identity Theft Protection Services market?

The Identity Theft Protection Services Market is growing at a CAGR of 13.7% during the forecast period.

Which region would offer high growth for vendors in the Identity Theft Protection Services market?

North America offers high growth for vendors in the Identity Theft Protection Services market

Which Is the Most potential market segment?

By Types- Credit Card Fraud, Employment or Tax-Related Fraud, Phone or Utility Fraud, Bank Fraud, Other

By Applications - Consumer, Enterprise, Others

Which are the top industry players in the Identity Theft Protection Services market?

LifeLock (Symantec), Experian, Equifax, TransUnion, FICO, Affinion, McAfee.

All of our reports are custom to your company's needs to some extent and we offer 5 hours of free consultation time with each report purchase, which will allow you to request any additional data to custom the report to your needs.