With 13.7% CAGR, Identity Theft Protection Market Size to Surpass Around USD 27.90 Billion By 2029

Betty Q. Hixson

Companies in the Identity Theft Protection Market are Equifax Inc,LexisNexis Risk Solutions,AllClear ID,Experian Information Solutions Inc,Fair Isaac Corporation,NortonLifeLock Inc,TransUnion LLC,IdentityForce Inc,IdentityIQ,LifeLock, Inc. (Symantec),Identity Guard,Privacy Guard (Trilegiant Corporation), ADT,ThreatMark,MyDigitalProtection,Cyberscout LLC,Kroll

The global “Identity Theft Protection Market Size 2022research report encompasses a thorough study of the current situation of the global market along with several market dynamics. To formulate this report, detailed analysis has been performed with inputs from industry experts. Depending on the client’s demand, a huge amount of business and market-related information has been brought together via this report that eventually helps businesses create better strategies. All of these features are strictly applied while building this Identity Theft Protection Market research report for a client. It gives an explanation about various definitions and segmentation or classifications of the industry, applications of the industry, and value chain structure.

Report Details:



Market Size Value in2021

USD 10.07 Billion

Growth Rate

CAGR of 13.7 from 2022-2029

Revenue forecast in2029

USD 27.90 Billion

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This report aims at providing critical information and valuable insights which are of high value to the users, enabling them to identify the strategic growth opportunities.

Drivers and Restraints

Increasing Internet Financial Transactions to Drive Market Growth

The convenience and speed of internet services are expected to boost the product’s adoption. It empowers banks to widen their value-based services and augment consumers’ experiences. However, the increasing fraud risks necessitated the demand for identity theft protection services. For example, as per the FTC report, consumers lost nearly USD 3.3 billion in 2020, higher than the USD 1.5 billion in 2019. Furthermore, malicious data breaches in internet-based financial transactions may necessitate deploying these services. In addition, the incorporation of a united payments interface (UPI) may boost the adoption of identity theft protection. These factors may drive the identity theft protection services market growth.

However, high costs associated with the services may impede the market development during the upcoming years.

COVID-19Outbreak Impact Analysison Identity Theft Protection Market

We are taking continuous efforts to help your business sustain and grow during COVID-19 pandemics. Based on our experience and expertise, we will offer you an impact analysis of coronavirus outbreak across industries to help you prepare for the future.

The COVID-19 outbreak has spawned widespread economic distress and uncertainty, with many industries, markets, and businesses undergoing tremendous stress. However, together, the global community can tide over these challenging times and at Fortune Business Insights™, we aim to provide precise market intelligence through extensive and intensive research into the impact of this pandemic on various businesses.

Market Segmentation:

By Type

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

By Application

Top companies in the globalIdentity Theft Protection Market research report:

  • Equifax, Inc.
  • LexisNexis Risk Solutions
  • AllClear ID
  • Experian Information Solutions, Inc
  • Fair Isaac Corporation
  • NortonLifeLock Inc.
  • TransUnion LLC
  • IdentityForce, Inc.
  • IdentityIQ
  • LifeLock, Inc. (Symantec)
  • Identity Guard
  • Privacy Guard (Trilegiant Corporation)
  • ADT
  • ThreatMark
  • MyDigitalProtection
  • Cyberscout, LLC.
  • Kroll

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Highlights of the Identity Theft Protection Market Report:

  • Market Development: Comprehensive information about emerging industry. This report analyses for various segments across geographies
  • Development/Innovation: Detailed insights on the upcoming technologies, RandD activities, and product launches in the market
  • Competitive Assessment: In-depth assessment of the market strategies, geographic and business segments of the leading players in the industry.
  • Market Diversification: Exhaustive information about new launching, untapped geographies, recent developments, and investments in the market

Identity Theft Protection Market Introduction, Overview, and In-depth industry analysis:

  • Top key players with their business strategy, sales volume, and revenue analysis
  • Latest technological developments
  • Robust facts and factors research methodology
  • Regional analysis with graphical representation of size, share and trends
  • Market trends, obstacles and growth drivers
  • Includes list of table and figures

Report Aim and Scope:

  • The Identity Theft Protection Market report presents current trends in the industry and future scope of the market in North America, Asia Pacific, Europe and Latin America.
  • An overview of the market based on geographical scope, segmentation and financial performance of key players is presented in the report.
  • Based on various indicators, the Year on Year growth (%) and compound annual growth rate (CAGR) for the given forecast period is offered.
  • The various parameters accelerating the growth of the market are incorporated in the research report.

The Identity Theft Protection Market report provides answers to the following key questions:

Which are Trending factors influencing the market shares of the top regions across the globe? What is the impact of Covid19 on the current industry?

What is economic impact on market?

When is the recovery expected from the pandemic?

Which segments offer high-growth opportunities in the long run?

What are the key outcomes of the five forces analysis of the global market?

What are sales, revenue, and price analysis by regions of this market?

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Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.

At Fortune Business Insights, we aim at highlighting the most lucrative growth opportunities for our clients. We, therefore, offer recommendations, making it easier for them to navigate through technological and market-related changes. Our consulting services are designed to help organizations identify hidden opportunities and understand prevailing competitive challenges.


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Press Release Distributed by The Express Wire

To view the original version on The Express Wire visit With 13.7% CAGR, Identity Theft Protection Market Size to Surpass Around USD 27.90 Billion By 2029


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