Identity Theft Protection Services Booming Segments; Investors Seeking Growth | Equifax, TransUnion, Intersections

Instances of hacking attacks and identity theft in baking and other industries have been escalated over the past few years. In addition to this, due to digitalization across the globe will further create numerous opportunities for data hacking and frauds. This has ultimately emerged the solutions to minimize these hacking attacks such as key logger, brute force, shoulder surfing, and many others. In addition to this, continuously evolving hacking techniques will lead to further technological advancements in the existing systems. Identity threat protection services offer secure platforms as well as restricts intruders & identifies the same. Moreover, the demand for identity theft protection solutions will be escalated further with an increasing need for consumer information protection using multi-level securities.

According to AMA, the Global Identity Theft Protection Services market is expected to see growth rate of 16.01% and may see market size of USD17.3 Billion by 2024.

Advance Market Analytics released the research report of Global Identity Theft Protection Services Market, offers a detailed overview of the factors influencing the global business scope. Identity Theft Protection Services Market research report shows the latest market insights with upcoming trends and breakdown of the products and services. The report provides key statistics on the market status, size, share, growth factors of the Identity Theft Protection Services. This Report covers the emerging player's data, including: competitive situation, sales, revenue and global market share of top manufacturers are Symantec (LifeLock Inc.) (United States), Experian plc (Ireland), Equifax Inc. (United States), TransUnion, LLC (United States), FICO (Fair Isaac Corporation) (United States), Affinion Security Center (United States), LexisNexis Risk Solutions (United States), Intersections, Inc. (United States), CSIdentity (CSID) Corp. (United States) and AllClear ID (United States).

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Market Leaders and their expansionary development strategies
On 20th June 2019, a global identity authentication & theft protection provider, "GIACT Systems" and a global data analytics and technology company, "Equifax" have formed a strategic alliance that will pair the strengths of both companies to help customers confront the challenges of identity verification and fraud prevention. The EPIC Platform from GIACT offers a cost-effective way for companies to help protect against multiple types of fraud across the entire customer lifecycle.
On May 15, 2019, a global identity theft protection service provider, TransUnion has acquired a leader in people-based marketing technology, "TruSignal, Inc.". TruSignal uses its custom audience-building platform to deliver predictive scoring powered by artificial intelligence, making big data available and actionable in almost real time for one-to-one addressable marketing.,

Market Trend
o Increasing Demand for Technological Enhanced and Artificially Intelligent Identity Theft Protection Services
o Improves Cybersecurity Acts Prohibiting the Identity Thefts

Market Drivers
o Increasing Instances of Hacking Attacks such as Keyloggers, Brute Force & Many Others
o Provides More Secure Transactions which Protects Consumer Accounts with Multi-Level Securities

Opportunities
o Increasing Secured Banking Technology Infrastructure across the Globe
o Upsurging Banking Transactions and Adoption of Bit Money

Restraints
o Continuously Evolving Hacking Techniques
o Lack of Awareness about Antitheft Techniques

Challenges
o Complexities in Integrating Identity Theft Protection Services with Existing Applications
o Need for Continues Updations of Identity Theft Protection Services Due to robust Technological Advancements

The Global Identity Theft Protection Services Market segments and Market Data Break Down are illuminated below:
by Type (Credit Card Fraud, Employment or Tax-Related Fraud, Phone or Utility Fraud, Bank Fraud), Application (Consumer, Enterprise), Deployment (On-Premise, Cloud Based, Hybrid)

Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.

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Strategic Points Covered in Table of Content of Global Identity Theft Protection Services Market:
Chapter 1: Introduction, market driving force product Objective of Study and Research Scope the Identity Theft Protection Services market
Chapter 2: Exclusive Summary - the basic information of the Identity Theft Protection Services Market.
Chapter 3: Displaying the Market Dynamics- Drivers, Trends and Challenges of the Identity Theft Protection Services
Chapter 4: Presenting the Identity Theft Protection Services Market Factor Analysis Porters Five Forces, Supply/Value Chain, PESTEL analysis, Market Entropy, Patent/Trademark Analysis.
Chapter 5: Displaying the by Type, End User and Region 2013-2018
Chapter 6: Evaluating the leading manufacturers of the Identity Theft Protection Services market which consists of its Competitive Landscape, Peer Group Analysis, BCG Matrix & Company Profile
Chapter 7: To evaluate the market by segments, by countries and by manufacturers with revenue share and sales by key countries in these various regions.
Chapter 8 & 9: Displaying the Appendix, Methodology and Data Source

Finally, Identity Theft Protection Services Market is a valuable source of guidance for individuals and companies.

Data Sources & Methodology

The primary sources involves the industry experts from the Global Identity Theft Protection Services Market including the management organizations, processing organizations, analytics service providers of the industry's value chain. All primary sources were interviewed to gather and authenticate qualitative & quantitative information and determine the future prospects.

In the extensive primary research process undertaken for this study, the primary sources - Postal Surveys, telephone, Online & Face-to-Face Survey were considered to obtain and verify both qualitative and quantitative aspects of this research study. When it comes to secondary sources Company's Annual reports, press Releases, Websites, Investor Presentation, Conference Call transcripts, Webinar, Journals, Regulators, National Customs and Industry Associations were given primary weight-age.

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