Identity Theft & Fraud Protection Market Detailed Analysis of Current Scenario with Growth Forecasts to 2030 | Experian, Equifax, TransUnion

PRESS RELEASE
Published October 2, 2023

New Jersey, United States – INFINITY BUSINESS INSIGHTS published a new research publication on “Identity Theft & Fraud Protection Market Insights, to 2030″ with 130+ pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Identity Theft & Fraud Protection market was mainly driven by the increasing R&D spending across the world.

Some of the major key players profiled in the study are : NortonLifeLock, Experian, Equifax, TransUnion, FICO, cxLoyalty, LexisNexis (RELX), Aura, Allstate, McAfee

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Market Overview:

The global Identity Theft and Fraud Protection market is expected to grow at a compound annual growth rate (CAGR) of 14.2% from 2023 to 2030, reaching a value of USD 33.35 billion by 2030.The people, organizations, and financial institutions confront an increased danger of identity theft and illegal actions in the digital era, the Identity Theft & Fraud Protection Market is expanding rapidly. Identity theft and fraud prevention solutions include a variety of technologies and services aimed at protecting personal and financial information from cybercriminals. Identity verification, biometric authentication, fraud detection algorithms, and real-time financial transaction monitoring are among the methods available. Identity theft and fraud prevention have become critical for securing sensitive data and financial assets in an age when online transactions, digital payments, and remote employment are common, and cyber dangers continue to advance. To keep ahead of new risks, the industry is always evolving with advancements in multi-factor authentication, machine learning-based fraud detection, and behavioral analytics. The Identity Theft & Fraud Protection Market is positioned for continuous growth as people and organizations prioritize data security and fraud prevention, adding to the broader cybersecurity environment and personal privacy protection.

Global Identity Theft & Fraud Protection Market: Segmental Analysis

Identity Theft & Fraud Protection Market by Type:
Credit Monitoring
ID Monitoring
Other Services

Identity Theft & Fraud Protection Market by Application:
Consumer
Enterprise

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Countries Covered:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

Market Competitive Analysis:

The Identity Theft & Fraud Protection market is fiercely competitive, driven by the escalating threat of cybercrimes. Leading players, including LifeLock (now NortonLifeLock), Experian, and Equifax, offer comprehensive identity theft protection services. Emerging companies such as IdentityForce and IdentityIQ provide innovative solutions with features like dark web monitoring. Financial institutions also enter the market, offering fraud protection to their customers. As the frequency and sophistication of cyberattacks rise, competition intensifies, with companies continuously enhancing their offerings to safeguard personal and financial information, bolstered by AI and biometric technologies, in this dynamic and high-stakes market.

Regional Analysis for Global Identity Theft & Fraud Protection Market:

  • North America (USA and Canada)
  • Europe (UK, Germany, France and the remainder of Europe)
  • Asia Pacific (China, Japan, India, and the remainder of the Asia Pacific district)
  • Latin America (Brazil, Mexico, and the remainder of Latin America)
  • Center East and Africa (GCC and rest of the Center East and Africa)

Why choose Infinity Business Insights?

  • We leverage cutting-edge technologies, including artificial intelligence, to ensure our industry growth insights are always up-to-date.
  • Our dedicated team at IBI delivers top-notch research reports on the Identity Theft & Fraud Protection Market.
  • We engage in direct interactions with research scientists and development leaders to gain a deeper understanding of the Identity Theft & Fraud Protection Market’s nuances.
  • Our services are available 24/7, providing you with constant support and assistance.
  • We gather data from implementation vendors, service providers, and raw material suppliers to offer a comprehensive Identity Theft & Fraud Protection Market Forecast.
  • At IBI, our commitment to ethical data gathering ensures a thorough examination at every stage while sizing up the Identity Theft & Fraud Protection Market.

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Extracts from Table of Content:

1 Report Overview

1.1 Study Scope

1.2 Market Analysis by Type

1.2.1 Global Identity Theft & Fraud Protection Market Size Growth Rate by Type:

1.3 Market by Application

1.3.1 Global Identity Theft & Fraud Protection Market Growth by Application:

2 Global Growth Trends

2.1 Global Identity Theft & Fraud Protection Market Perspective

2.2 Identity Theft & Fraud Protection Growth Trends by Region

2.2.1 Global Identity Theft & Fraud Protection Market Size by Region:

2.2.3 Identity Theft & Fraud Protection Forecasted Market Size by Region

2.3 Identity Theft & Fraud Protection Market Dynamics

2.3.1 Identity Theft & Fraud Protection Industry Trends

2.3.2 Market Drivers

2.3.3 Market Challenges

2.3.4 Market Restraints

3 Competition Landscape by Key Players

3.1 Top Players by Revenue

3.1.1 Top Players by Revenue

3.1.2 Revenue Market Share by Players

3.2 Market Share by Company Type

3.3 Players Covered: Ranking by Identity Theft & Fraud Protection Revenue

3.4 Market Concentration Ratio

3.4.1 Market Concentration Ratio

3.4.2 Global Top 10 and Top 5 Companies by Identity Theft & Fraud Protection Revenue in 2023

3.5  Key Players Head office and Area Served

3.6 Key Players Identity Theft & Fraud Protection Product Solution and Service

3.7 Date of Enter into Market

3.8 Mergers and Acquisitions, Expansion Plans

4 Breakdown Data by Type

4.1 Historic Market Size by Type

4.2 Forecasted Market Size by Type

5 Identity Theft & Fraud Protection Breakdown Data by Application

5.1 Historic Market Size by Application

5.2 Forecasted Market Size by Application

6 North America

7 Europe

8 Asia-Pacific

9 Latin America

10 Middle East and Africa

11 Key Players Profiles

12 Analyst’s Viewpoints/Conclusions

13 Appendix

13.1 Research Methodology

13.1.1 Methodology/Research Approach

13.1.2 Data Source

13.2 Disclaimer

13.3 Author Details

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