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Identity Theft Protection Services Market to Witness Huge Growth by 2025: Key Players- Experian, Equifax, TransUnion

New IdentityTheft Scam

HTF MI recently introduced Global Identity Theft Protection Services Market study with in-depth overview, describing about the Product / Industry Scope and elaborates market outlook and status to 2023. The market Study is segmented by key regions which is accelerating the marketization. At present, the market is developing its presence and some of the key players from the complete study are LifeLock (Symantec), Experian, Equifax, TransUnion, FICO, Affinion, LexisNexis, Intersections, CSID & AllClear ID etc.

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Identity theft is a crime, a type of fraud in which an imposter steals individual information of another person (or a company) and uses it by pretending to be someone else in order to gain some benefit (e.g. money or goods). An identity theft can cause a victim both a financial and emotional damage and also a waste of time and energy needed to avoid consequences of the fraud.

The identity theft can also affect companies, causing not only economic but also reputational damages (e.g. the imposter offers lower quality services compared to the ones offered by the original company). Moreover the companies are supposed to protect beyond themself, also their employees, clients and suppliers, and so they are responsible to damages caused to the third parties in a case of bad handling of their sensible data. Depending on a different country the fine for not proper handling such data could be very high. Therefore, in order to prevent that risk, the most important practices are the training of the employees about the risks and manners in which identity theft can be performed, and the countermeasures to adopt. Also it is advisable to have a good information system provided with adequate security and constantly updated.

Identities are more valuable than ever. Identity theft protection helps protect potential victims of identity theft. Companies typically offer four different services: credit monitoring, expert support, insurance, and information surveillance via internet and public sources. Through these, companies are can detect identity theft, and mitigate the damage thereof.
It’s a highly competitive business market. The players may provide products and services comparable or superior, or at lower prices, adapt more quickly to evolving industry trends or changing market requirements, increase their emphasis on products and services, enter the markets. Any of these factors could reduce the player’s market share or decrease the player’s revenue.
The market is growing at a very rapid pace and with rise in technological innovation, competition and M&A activities in the industry many local and regional vendors are offering specific application products for varied end-users. The new manufacturer entrants in the market are finding it hard to compete with the international vendors based on quality, reliability, and innovations in technology.
Despite the presence of competition problems, due to the global recovery trend is clear, investors are still optimistic about this area, the future will still have more new investment enter the field. Even so, the market is intensely competitive .The study group recommends the new entrants just having money but without technical advantage and upstream and downstream support do not to enter into this field.
In 2017, the global Identity Theft Protection Services market size was 6650 million US$ and it is expected to reach 23800 million US$ by the end of 2025, with a CAGR of 17.3% during 2018-2025.

This report studies the Global Identity Theft Protection Services market size, industry status and forecast, competition landscape and growth opportunity. This research report categorizes the Global Identity Theft Protection Services market by companies, region, type and end-use industry.

Browse 100+ market data Tables and Figures spread through Pages and in-depth TOC on ” Identity Theft Protection Services Market by Type (Credit Card Fraud, Employment or Tax-Related Fraud, Phone or Utility Fraud & Bank Fraud), by End-Users/Application (Consumer & Enterprise), Organization Size, Industry, and Region – Forecast to 2023″. Early buyers will receive 10% customization on comprehensive study.

In order to get a deeper view of Market Size, competitive landscape is provided i.e. Revenue (Million USD) by Players (2013-2018), Revenue Market Share (%) by Players (2013-2018) and further a qualitative analysis is made towards market concentration rate, product/service differences, new entrants and the technological trends in future.

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Competitive Analysis:
The key players are highly focusing innovation in production technologies to improve efficiency and shelf life. The best long-term growth opportunities for this sector can be captured by ensuring ongoing process improvements and financial flexibility to invest in the optimal strategies. Company profile section of players such as LifeLock (Symantec), Experian, Equifax, TransUnion, FICO, Affinion, LexisNexis, Intersections, CSID & AllClear ID includes its basic information like legal name, website, headquarters, its market position, historical background and top 5 closest competitors by Market capitalization / revenue along with contact information. Each player/ manufacturer revenue figures, growth rate and gross profit margin is provided in easy to understand tabular format for past 5 years and a separate section on recent development like mergers, acquisition or any new product/service launch etc.

Market Segments:
The Global Identity Theft Protection Services Market has been divided into type, application, and region.
On The Basis Of Type: Credit Card Fraud, Employment or Tax-Related Fraud, Phone or Utility Fraud & Bank Fraud.
On The Basis Of Application: Consumer & Enterprise
On The Basis Of Region, this report is segmented into following key geographies, with production, consumption, revenue (million USD), and market share, growth rate of Identity Theft Protection Services in these regions, from 2013 to 2023 (forecast), covering
• North America (U.S. & Canada) {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}
• Latin America (Brazil, Mexico & Rest of Latin America) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Europe (The U.K., Germany, France, Italy, Spain, Poland, Sweden & RoE) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Asia-Pacific (China, India, Japan, Singapore, South Korea, Australia, New Zealand, Rest of Asia) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Middle East & Africa (GCC, South Africa, North Africa, RoMEA) {Market Revenue (USD Billion), Growth Share (%) and Opportunity Analysis}
• Rest of World {Market Revenue (USD Billion), Growth Analysis (%) and Opportunity Analysis}

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Have a look at some extracts from Table of Content

Introduction about Global Identity Theft Protection Services

Global Identity Theft Protection Services Market Size (Sales) Market Share by Type (Product Category) in 2017
Identity Theft Protection Services Market by Application/End Users
Global Identity Theft Protection Services Sales (Volume) and Market Share Comparison by Applications
(2013-2023) table defined for each application/end-users like [Consumer & Enterprise]
Global Identity Theft Protection Services Sales and Growth Rate (2013-2023)
Identity Theft Protection Services Competition by Players/Suppliers, Region, Type and Application
Identity Theft Protection Services (Volume, Value and Sales Price) table defined for each geographic region defined.
Global Identity Theft Protection Services Players/Suppliers Profiles and Sales Data

Additionally Company Basic Information, Manufacturing Base and Competitors list is being provided for each listed manufacturers

Market Sales, Revenue, Price and Gross Margin (2013-2018) table for each product type which include Credit Card Fraud, Employment or Tax-Related Fraud, Phone or Utility Fraud & Bank Fraud
Identity Theft Protection Services Manufacturing Cost Analysis
Identity Theft Protection Services Key Raw Materials Analysis
Identity Theft Protection Services Chain, Sourcing Strategy and Downstream Buyers, Industrial Chain Analysis
Market Forecast (2018-2023)
……..and more in complete table of Contents

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Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia.

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Source: on 2018-07-18 10:37:30

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