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Identity Theft Protection Services in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Identity Theft Protection Services Market Research Report | Technology | Computer Services | Apr 2015

Identity crisis: High-profile data breaches spur demand for industry services, driving moderate growth

IBISWorld’s Identity Theft Protection Services market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Market Share of Companies
Intersections Inc. Intersections Inc. market share
LifeLock LifeLock market share
Industry Statistics & Market Size
Revenue
$3bn
Annual Growth 10-15
2.4%
Annual Growth 15-20
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Profit
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Employment
6,762
Businesses
54
Industry Analysis & Industry Trends

The Identity Theft Protection Services industry has experienced slow but steady growth over the past five years, driven by the economic recovery, the introduction of m-commerce and the rise of e-commerce and social media. Additionally, high-profile data breaches in recent years have raised awareness of identity theft protection and spurred greater demand for industry services. As the internet becomes increasingly important in financial transactions, and as more and more personal information comes to be stored on mobile phones, the industry is expected to continue its moderate expansion over the next five years. Over this period, however, industry operators may face more stringent regulation in response to alleged misrepresentations of their services.... purchase to read more

Industry Report - Starting a New Business Chapter

The Identity Theft Protection Services industry faces low barriers to entry, but high barriers to success. Some services offered by identity theft protection services companies such as the software-based credit monitoring are easier for new entrants to undertake. Additionally, startup costs for identity theft protection companies are low, consisting largely of capital investments in computers and software to monitor threats. The market, however, is competitive among product lines and new entrants must compete with larger companies that have established brand name recognition.

However, insurance services have a moderate level of regulation that differs by region... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Identity Theft Protection Services Industry?

Companies in this industry primarily provide software and services aimed at reducing the risk of identity theft from online or electronic media. Firms frequently use monitoring software to track unauthorized use of credit and other personal information.

Industry Products
Credit monitoringThreat assessmentIdentity theft responseIdentity theft insurance
 
Industry Activities
Credit monitoringIdentity theft threat assessmentIdentity theft responseIdentity theft insurance


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