Product ID: UCMIG45F2030
Identity Theft Protection Services Market Size, Share, Growth Analysis, By Type(Credit Card Fraud, Bank Fraud), By Application(Consumer, Enterprise), By Region(North America, South America) - Industry Forecast 2024-2031
Report ID:
UCMIG45F2030 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
Identity Theft Protection Services Market Insights
Market Overview:
The global market for identity theft protection services was valued at USD 10.07 billion in 2021 and is expected to grow significantly during the forecast period. The market is projected to exhibit a CAGR of 13.7%, with an estimated increase from USD 11.39 billion in 2022 to USD 27.90 billion by 2029. The COVID-19 pandemic has caused a higher demand for identity theft protection services across all regions compared to pre-pandemic levels. According to analysis, the global market experienced a rise of 12.8% in 2020 compared to 2019.
Identity Theft Protection Services Market, Forecast & Y-O-Y Growth Rate, 2020 - 2028
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This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Systems Software by segment aggregation, the contribution of the Systems Software in Software & Services and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Identity Theft Protection Services Market Report Snapshots
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