What is identity theft protection service?

Identity theft protection services provide individuals with subscription-based services designed to safeguard their personal and financial data against being stolen and used fraudulently. Such services often provide credit monitoring, identity monitoring and recovery assistance services.

How big is the identity theft protection services market?

The Global Identity Theft Protection Services Market is predicted to thrive at 12.4% CAGR during the assessment period. Total sales revenue will increase from USD 11.1 Billion in 2023 to USD 34.7 billion by 2032.

Who is the biggest target of identity theft?

Identity theft can affect anyone, but certain groups of people are more at risk than others. These include: Seniors People with disabilities People with low incomes People who have been victims of other crimes, such as burglary or theft People who have recently moved or changed jobs People who have applied for credit or a loan recently

How does identity theft protection work?

These services typically monitor various data sources for signs of identity theft, such as changes in credit reports or the dark web. If suspicious activity is detected, they notify the subscriber and offer guidance on how to address the issue.

Which region has the largest share in Global Identity Theft Protection Services Market?

North America region held the highest share in 2022.

Who are the key players in Global Identity Theft Protection Services Market?

The top key players in the Global Identity Theft Protection Services Market are Symantec Corporation, Experian plc, Equifax Inc, TransUnion, RELX PLC, PrivacyGuard, Identity Guard, McAfee Corp., AllClear ID Inc., F-Secure Corporation, IdentityForce, Inc., IDShield, Other Key Players

Identity Theft Protection Services Market CAGR of 9.6%

Global Identity Theft Protection Services Market By Type (Credit Card Fraud, Employment, Tax-Related Fraud, Phone or Utility Fraud, and Bank Fraud), By Application (Consumer and Enterprise), By Region and Companies - Industry Segment Outlook, Market Assessment, Competition Scenario, Trends, and Forecast 2023-2032

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