Identity Theft Protection Services
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.
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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.
Market Segment by Companies, this report covers: LifeLock (Symantec), Experian, Equifax, TransUnion, FICO, Affinion, LexisNexis, Intersections, CSID, AllClear ID
Scope of the Report:
Its 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 players market share or decrease the players 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.
The global Identity Theft Protection Services market is valued at 6650 million USD in 2017 and is expected to reach 18300 million USD by the end of 2023, growing at a CAGR of 18.4% between 2017 and 2023.
The Asia-Pacific will occupy for more market share in following years, especially in China, also fast growing India and Southeast Asia regions.
North America, especially The United States, will still play an important role which cannot be ignored. Any changes from United States might affect the development trend of Identity Theft Protection Services.
Europe also play important roles in global market, with market size of xx million USD in 2017 and will be xx million USD in 2023, with a CAGR of xx%.
Market Segment by Regions, regional analysis covers
• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
Market Segment by Type, covers
• Credit Card Fraud
• Employment or Tax-Related Fraud
• Phone or Utility Fraud
• Bank Fraud
Market Segment by Applications, can be divided into
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There are 15 Chapters to deeply display the global Identity Theft Protection Services market.
• Chapter 1, to describe Identity Theft Protection Services Introduction, product scope, market overview, market opportunities, market risk, market driving force;
• Chapter 2, to analyze the top manufacturers of Identity Theft Protection Services, with sales, revenue, and price of Identity Theft Protection Services, in 2016 and 2017;
• Chapter 3, to display the competitive situation among the top manufacturers, with sales, revenue and market share in 2016 and 2017;
• Chapter 4, to show the global market by regions, with sales, revenue and market share of Identity Theft Protection Services, for each region, from 2013 to 2018;
• Chapter 5, 6, 7, 8 and 9, to analyze the market by countries, by type, by application and by manufacturers, with sales, revenue and market share by key countries in these regions;
• Chapter 10 and 11, to show the market by type and application, with sales market share and growth rate by type, application, from 2013 to 2018;
• Chapter 12, Identity Theft Protection Services market forecast, by regions, type and application, with sales and revenue, from 2018 to 2023;
• Chapter 13, 14 and 15, to describe Identity Theft Protection Services sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source.
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