Industry Analysis & Industry Trends
The Identity Theft Protection Services industry has fared well over the last five years, despite a decline in revenue in 2009. As more people use credit and debit cards online and on their smartphones, the need for identity security has increased. Revenue has grown strongly since 2007, and this growth will get stronger over the next five years. However, slowing per capita disposable income will threaten potential industry gains, as consumers may not yet have the funds available to purchase industry services.... purchase to read more
Industry Report - Industry Locations Chapter
The Identity Theft Protection Services industry is highly technologically intensive and tends to cluster near areas where there is an opportunity to attract software engineers. As such, industry firms locate near top universities and in areas where there are other software companies. Additionally, the ease of collaborating across borders using the internet means that geographical locations have become increasingly insignificant for the majority of industry firms. Population trends and regulatory requirements also determine the location of industry operators.
The Southeast has the highest concentration of firms, accounting for 25.0% of industry establishments; similarly, the region accounts for 25.4% of the population. California alone has about 10.5% of the industry's workforce... purchase to read more