Press release
Global Travelers Identity Protection Services Market Projected to Surpass $14.03 Billion by 2029 with 8.4% Annual Growth
Travelers Identity Protection Services
The rising number of online sca*ms and frauds is expected to drive the growth of the travelers' identity protection services market. Online sca*ms and frauds, which involve deceptive activities aimed at stealing personal information or assets, have been growing due to increased digital activity and more sophisticated cybercriminal tactics. Travelers' identity protection services are essential in mitigating the effects of these sca*ms by providing tools and support to protect personal information and detect fraudulent activities. For example, the Internet Crime Complaint Center (IC3) reported a 127% increase in investment fraud complaints, rising from $1.45 billion in 2021 to $3.31 billion in 2022, with cryptocurrency fraud seeing an even larger rise of 183%. This growing prevalence of online sca*ms is driving the demand for identity protection services for travelers.
Get Your Travelers Identity Protection Services Market Report Here:
https://www.thebusinessresearchcompany.com/report/travelers-identity-protection-services-global-market-report
What is the future CAGR of the travelers identity protection services market, and how will it impact industry expansion?
The travelers identity protection services market has experienced strong growth, projected to increase from $9.36 billion in 2024 to $10.17 billion in 2025, at a CAGR of 8.7%. The market's expansion has been driven by increasing demand for mobile-based solutions, changing traveler preferences, rising online transactions, growing adoption of mobile devices, and an increase in business travel spending.
The travelers identity protection services market is expected to see significant growth, reaching $14.03 billion by 2029 at a CAGR of 8.4%. Factors driving this expansion include the increasing prevalence of identity theft, the rising use of cybersecurity solutions, ongoing digitalization efforts, increased reliance on online security services, and growing demand for personalized identity protection. Major trends anticipated in the forecast period include AI and machine learning integration, demand for comprehensive security solutions, the integration of identity protection with mobile and digital wallets, service expansion in emerging markets, and an emphasis on consumer education.
Get Your Free Sample Now - Explore Exclusive Market Insights:
https://www.thebusinessresearchcompany.com/sample.aspx?id=18761&type=smp
What are the most significant trends transforming the travelers identity protection services market today?
In the traveler identity protection services market, companies are advancing their offerings with biometric technology to enhance passenger identification and security. Biometric systems use unique biological traits-such as fingerprints, facial recognition, or iris scans-to verify and authenticate travelers efficiently and securely. Idemia, a France-based technology company, launched the ID2Travel platform in January 2022, which integrates biometric identification and identity management. This system allows passengers to enroll from home using their mobile devices, where they scan their state ID or passport and take a selfie. Once enrolled, biometrics can be used to navigate seamlessly through airports, improving efficiency and security in the travel process.
Which key market segments comprise the travelers identity protection services market and drive its revenue growth?
The travelers identity protection services market covered in this report is segmented -
1) By Type: Credit Card Fraud, Bank Fraud, Phone Fraud
2) By Booking Type: Online Booking, Direct Booking, Phone Booking
3) By Age Group: Below 15 Years, 16 To 25, 26 To 35, 36 To 45, 46 To 55, Above 55
4) By Consumer Orientation: Men, Women, Children
5) By Tourist Type: Domestic, International
Subsegments:
1) By Credit Card Fraud: Card Not Present (CNP) Fraud, Lost Or Stolen Card Fraud, Account Takeover Fraud
2) By Bank Fraud: Unauthorized Transactions, Phishing Sca*ms, Wire Transfer Fraud
3) By Phone Fraud: SIM Swap Fraud, Robocalls And Phishing, Spoofing And Caller ID Manipulation
Unlock Exclusive Market Insights - Purchase Your Research Report Now!
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=18761
What regions are at the forefront of travelers identity protection services market expansion?
North America was the largest region in the travelers identity protection services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the travelers identity protection services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the leading players fueling growth in the travelers identity protection services market?
Major companies operating in the travelers identity protection services market are Costco Wholesale Corporation, USAA Identity Theft Protection, TransUnion LLC, NortonLifeLock, Kroll Identity Monitoring, Aura, Credit Karma Identity Monitoring, Bankrate LLC, ID Experts, Zander Insurance, Credit Sesame, PrivacyGuard, Sontiq Inc, ID Watchdog, IDShield, ProtectMyID, ID Theft Assist, Cyberscout, IdentitySecure, ReliaShield, IDStrong, IdentityIQ, IdentityHawk
Customize Your Report - Get Tailored Market Insights!
https://www.thebusinessresearchcompany.com/sample.aspx?id=18761&type=smp
What Is Covered In The Travelers Identity Protection Services Global Market Report?
•Market Size Forecast: Examine the travelers identity protection services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the travelers identity protection services market for a structured understanding.
•Key Players Overview: Analyze major players in the travelers identity protection services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the travelers identity protection services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the travelers identity protection services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the travelers identity protection services market.
•Industry Challenges: Identify potential risks and obstacles affecting the travelers identity protection services market.
•Competitive Landscape: Review strategic developments in the travelers identity protection services market, including expansions, agreements, and new product launches.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Travelers Identity Protection Services Market Projected to Surpass $14.03 Billion by 2029 with 8.4% Annual Growth here
News-ID: 3940480 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Identity
Comprehensive Automated Online Identity Verification Services | ARGOS Identity
ARGOS Identity offers comprehensive automated online identity verification services that streamline and secure the customer onboarding process. These services are designed to enhance identity management in sectors requiring reliable verification, such as banking, finance, and government.
ARGOS's Identity Verification Solutions
- Global ID Verification:
ARGOS can analyze over 4,000 types of IDs from around the world, providing reliable verification across borders, regardless of the ID type or country of origin. This global reach…
Identity Empowered: Consumer Identity and Access Management Market Redefining Se …
The Business Research Company has updated its global market reports, featuring the latest data for 2024 and projections up to 2033
The Business Research Company offers in-depth market insights through Consumer Identity and Access Management Global Market Report 2024, providing businesses with a competitive advantage by thoroughly analyzing the market structure, including estimates for numerous segments and sub-segments.
Market Size And Growth Forecast:
The consumer identity and access management market size has…
Decentralized Identity Systems Market Enhancing Identity Management with Decentr …
The Report on "Decentralized Identity Systems Market" provides Key Benefits, Market Overview, Regional Analysis, Market Segmentation, Future Trends Upto 2030 by Infinitybusinessinsights.com. The report will assist reader with better understanding and decision making.
Market Growth of Decentralized Identity Systems Market: The decentralized identity systems market is experiencing significant growth as digital identity solutions evolve to address privacy concerns and enhance security. With the adoption of blockchain and distributed ledger technologies, the…
Decentralized Identity Management Market Worth Observing Growth | Microsoft, Ser …
Latest Study on Industrial Growth of Decentralized Identity Management - Global and China Top Players Market 2023-2029. A detailed study accumulated to offer the Latest insights about acute features of the Decentralized Identity Management - Top Players market. The report contains different market predictions related to revenue size, production, CAGR, Consumption, gross margin, price, and other substantial factors. While emphasizing the key driving and restraining forces for this market, the…
Identity Verification Market
New York, Global Identity Verification Market report from Global Insight Services is the single authoritative source of intelligence on Identity Verification Market. The report will provide you with analysis of impact of latest market disruptions such as Russia-Ukraine war and Covid-19 on the market. Report provides qualitative analysis of the market using various frameworks such as Porters' and PESTLE analysis. Report includes in-depth segmentation and market size data by categories,…
Presidio Identity Aims to Eliminate Identity Theft and Financial Fraud with Inno …
Presidio Identity Aims to Eliminate Identity Theft and Financial Fraud with Innovative Trust and Identity Services
Startup emerges from stealth to focus on banking and financial services digital initiatives; raises $1.55 million seed round
San Francisco, CA, August 17, 2020 – Presidio Identity, Inc., a provider of cloud-based trust and identity services, announced today the close of $1.55 million in initial funding in a seed round led by Marc Benioff, with participation…
