Identity Theft Protection Services Market an In-Depth Insight of Sales and Trends, Forecast 2018 to
[PRposts, Thu Aug 08 2019] 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.
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.
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Chapter wise Analysis:
Chapter 1- Identity Theft Protection Services Market - Executive Summary
The executive summary of identity theft protection services market offers a quick summary of the key findings of the identity theft protection services market. This chapter also offers insights on the market size and growth of identity theft protection services market for the forecast timeline of 2018 and 2027.
The key highlights of identity theft protection services market report, which includes the leading segments and fastest growing segments. This offers a quick idea to the readers regarding the market behavior over the forecast period.
Chapter 2- Identity Theft Protection Services Market Overview
The second chapter of identity theft protection services market report offers a brief overview of the identity theft protection services market, including a brief yet succinct introduction to the product.
An analytical representation of the prominent definitions related to identity theft protection services has been offered in the report. This chapter also includes data on macroeconomic factors, having deep-rooted impact on growth of identity theft protection services market.
Chapter 3- Identity Theft Protection Services Market- Key Indicators Assessment
This chapter pinpoints the key dynamics diversifying growth of identity theft protection services market. Important factors such as restraints, growth drivers, and opportunities have been elaborated and scrutinized in this chapter. Key trends impacting prospects of identity theft protection services market have also been extensively covered in this chapter.
Chapter 4- Identity Theft Protection Services Market Analysis and Forecast
This chapter conveys precise information on the identity theft protection services market for the historical period (2013-2017) as well as the forecast period (2018-2027). Forecast as well as analysis offered in the identity theft protection services market report comprises of crucial figures and numbers vital for determining growth of identity theft protection services market.
Identity Theft Protection Services Market Structure
The identity theft protection services market has been segmented on the basis of type, end use, and region. By type, the identity theft protection services market has been segmented into credit card fraud, employment and tax-related fraud, phone or utility fraud, and bank fraud. By end use, the identity theft protection services market has been segmented into consumers and enterprises. The identity theft protection services market has been gauged across key regions of North America, Europe, China, Rest of APAC, Central & South America, and MEA.
The market players have been assessed in the report as per four propositions- leaders, challengers, followers, and aspirers. The report identifies players such as LifeLock, Inc., Experian Plc., and Equifax, Inc. as leaders with robust revenue footprints and innovative product portfolios. Companies such as Affinion Group and FICO are categorized as challengers, who possess the potential to scale up their revenues with innovation-driven strategies.
The report further categorizes companies such as LexisNexis Risk Solutions Inc. and TransUnion LLC as followers, who are growing at a steady pace to establish a stronghold in the global market space. Aspirers, such as Intersections Inc. and AllClear ID Inc., have been identified by the report as the ones vying to make it big in the market by observing their nearest competitors.
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.
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