The global demand for Identity Theft Protection Services Market is presumed to reach the market size of nearly USD 40.14 BN by 2030 from USD 12.33 BN in 2022 with a CAGR of 15.9% under the study period 2023 - 2030.
Identity theft protection services are specialized solutions designed to help individuals safeguard their personal and financial information from potential identity theft or fraudulent activities. Identity theft occurs when someone steals and misuses another person's sensitive data, such as social security numbers, credit card details, bank account information, or personal identification.
Market Dynamics
The identity theft protection services market is driven by a combination of factors that address the increasing concerns surrounding identity theft, cybercrime, and data breaches. The rising incidents of identity theft and cyberattacks have heightened awareness and drive demand for protective solutions. The trend towards digitization and online transactions has expanded opportunities for cybercriminals, necessitating the need for robust protection services. Data breach epidemics affecting prominent corporations and government entities have also underscored the importance of safeguarding personal information. Stricter data privacy regulations and the growing use of personal information on social media platforms further contribute to the demand for identity theft protection services. The continuous evolution of cybercrime and financial fraud drives individuals to seek proactive measures to secure their financial accounts and transactions. Additionally, the widespread use of mobile devices for transactions and data storage has led to an increased focus on mobile device security. Corporate and institutional offerings of identity theft protection services as employee benefits or value-added services, further bolster the market. As individuals and organizations recognize the significance of safeguarding personal information, its demand is expected to grow, providing valuable defence against cyber threats in an evolving cybersecurity landscape.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of identity theft protection services. The growth and trends of identity theft protection services industry provide a holistic approach to this study.
Market Segmentation
This section of the identity theft protection services market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By Type
- Credit Card Fraud
- Bank Fraud
- Phone Or Utility Fraud
- Employment Or Tax-Related Fraud
By Application
Regional Analysis
This section covers the regional outlook, which accentuates current and future demand for the Identity Theft Protection Services market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Identity Theft Protection Services Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Identity Theft Protection Services market include Equifax Inc. (U.S.), NortonLifeLock Inc. (U.S.), TransUnion LLC (U.S.), Experian Information Solutions Inc. (U.S.), Malwarebytes Ltd. (U.S.), LexisNexis Risk Solutions (U.S.), AllClearID (U.S.), Kroll (U.S.), Fair Isaac Corporation (U.S.), McAfee LLC (U.S.). This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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