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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 can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

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 - Industry SWOT Analysis Chapter

The Identity Theft Protection Services industry is currently in the mature phase of its life cycle. Industry value-added, which measures an industry's contribution to GDP, is expected to grow at an average of 3.5% annually in the 10 years to 2020. This rate of growth is slightly faster than that of overall GDP, which is expected to grow an average of 2.5% annually over the same period. However, the industry is experiencing many mergers and acquisitions and has been plagued by external competition and overwhelmed with negative publicity after over-promising services it does not offer. Finally, the industry's services have reached market acceptance and saturation and are not attracting new geographic markets or types of buyers... 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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