Published by FACT MR
Posted on September 21, 2021
6 min readLast updated: February 4, 2026
The Identity Theft Protection Services market is growing due to increased data breaches and frauds, with forecasts predicting continued expansion up to 2031.
ICT companies are extensively adopting technologies such as cloud computing and artificial intelligence to ensure seamless operations as teams continue working from home. Focus on fast automation, use of real-time operation within various end-use sectors such as automotive, food & beverage and others will provide stimulus to the growth.
The report offers actionable and valuable market insights of Identity Theft Protection Services. The latest report by Fact.MR provides details on the present scenario of the market across various regions along with the historic data and forecast of the market. The report also includes information on the sales and demand of Identity Theft Protection Services Market across various industries and regions.
To remain ‘ahead’ of your competitors, request for a sample – https://www.factmr.com/connectus/sample?flag=S&rep_id=2455
The market study done by Fact.MR gives exclusive information about how the market will grow. The study identifies crucial trends that are determining the growth of Identity Theft Protection Services market. This newly published report sheds light on vital dynamics, such as the drivers, restraints, and opportunities for key market players as well as emerging players associated with the production and supply. The latest report by Fact.MR provides detailed Market Analysis of Identity Theft Protection Services
Identity theft protection services have garnered prominence for establishment of a robust monitoring and protection framework, both for individuals as well as business enterprises. An alarming rise of high-profile data breaches resulting in hefty losses is predominantly pushing high-scale deployment of identity theft protection services. These insights are according to the new report by Fact.MR, which foresees a buoyant outlook for the identity theft protection services market over the forecast period. The identity theft protection services market witnessed an opportunity worth US$ 7,377 Mn in 2018 and will continue its upward spiral in the forthcoming years.
This newly published and insightful report sheds light on Market Insights of Identity Theft Protection Services, key dynamics, their impact on the overall value chain from suppliers to end-users and Growth of Identity Theft Protection Services Market.
Risks of Unauthorized Invasion of Electronic IDs to Spur Adoption
As per the report, rapid digitization of government records & emergence of electronic IDs have positioned data privacy spectrums in a highly-vulnerable state. With the increasing susceptibility of private data to potential threats, deployment of identity theft protection services are gaining consistent popularity. With people drawn to convenience associated with online shopping, the risk of ecommerce fraud is also increasing, intensifying the scope for large-scale deployment of identity theft protection services.
Need more information about Report Methodology? Click here- https://www.factmr.com/connectus/sample?flag=RM&rep_id=2455
Credit card fraud, valued at US$ 2,906 Mn in 2018, is likely to be a significant type in parallel to the alarming situation of frauds faced by credit-card holders worldwide. According to the Federal Trade Commission, more than 32% of Americans lodged complaints about credit card frauds in the year 2016, which is double the rate recorded in 2015. Furthermore, escalating inclination toward internet-based financial transactions is spurring the deployment of identity theft protection services for banks and this deployment rate is likely to register promising growth over the forecast period.
Emerging or Tier 3 Players Hold Substantial Revenue Share Rising deployment of identity theft protection services by multiple enterprises to ensure a robust security apparatus is creating substantial opportunities for the market players, from an investment-making standpoint.
The identity theft protection services market remains highly competitive at the bottom and moderately competitive at top and middle levels. The tier 3 or emerging players retain their stronghold in the global market space, with a considerable revenue share and remain focused on product launches as well as acquisitions. Characterized by presence of a large number of players, the identity theft protection services market witnesses cut-throat competition for tapping into larger customer segments. Moreover, the vendors also strive to ameliorate their existing protection service portfolios with additional features to deal with the perpetual sophistications and diversified avenues adopted by hackers.
The research study positions the market players into four distinctive propositions-
Leaders: Players with an established brand equity and impressive product portfolios. Challengers: Players who remain focused on innovation-driven growth and enhancement of their revenue footprint Followers: Players who are scaling substantial heights to establish themselves in the global market space, albeit at a slow pace Aspirers: Players focused on foothold expansion and solidification by closely trailing the nearest competitors In tune with the evolving requirements of end users, vendors have started offering seamless recovery assistance and insurance coverage.
Fact.MR’s report presents captivating insights and forecast of identity theft protection services market for the forecast period of 2018- 2027. The report envisages the identity theft protection services market to proliferate at an impressive CAGR of over 13% through 2027.
Full Access of this Exclusive Report is Available at- https://www.factmr.com/checkout/2455
Key Question answered in the survey of Identity Theft Protection Services market report:
More Valuable Insights on Identity Theft Protection Services Market
Fact.MR, in its new report, offers an unbiased Market Analysis of Identity Theft Protection Services, Sales and Demand of Identity Theft Protection Services, analyzing forecast statistics through 2019 and beyond. The study reveals growth projections on the basis of various criteria.
Explore Fact.MR’s Comprehensive Coverage on Technology Domain:
Portable Audio Amplifier Market – Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031
Air Conditioner Remote Control Market – Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031
Learning Remote Controls Market – Forecast, Trend Analysis & Competition Tracking – Global Review 2021 to 2031
About Us:
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.
Contact:
US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
The post Identity Theft Protection Services Market: Industry Analysis, Opportunity Assessment and Forecast up to 2031 appeared first on The Cloud Tribune.
The article focuses on the growth and analysis of the Identity Theft Protection Services market up to 2031.
It is crucial due to the increasing risk of data breaches and frauds, especially with the rise of digital transactions.
Key drivers include rapid digitization, increased data breaches, and the need for robust security frameworks.
Explore more articles in the Research Reports category
