Identity Theft Insurance Market is projected to reach $2.09 billion by 2030

Identity theft insurance provides a coverage for such thefts and ensures that the damage caused due to the identity theft can be refurbished.  The fraudsters & hackers have an ability to take the user’s name and address, credit card or bank account details, social security number, and medical insurance account numbers. Moreover, identity theft insurance protects sensitive information of the customers from hackers, thus ensuring the customer is protected from fraudsters and scammers on the internet.

Identity Theft Insurance Market By Type (Credit Card Fraud, Employment Or Tax-Related Fraud, Phone Or Utilities Fraud, Bank Fraud and Others) and Application (Individuals and Business): Global Opportunity Analysis and Industry Forecast, 2021-2030

Segment Review

The identity theft insurance market is segmented into type, application, and region. By type, the market is differentiated into credit card fraud, employment or tax-related fraud, phone or utilities fraud, bank fraud and others. Depending on application, it is fragmented into individuals and business. Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. 

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Top impacting factors

Increase in the Number of Credit Card Users 

Rise Digitalization in Developing Countries

Rising Cybercrimes

Key Benefits For Stakeholders 

  • The study provides in-depth analysis of the global identity theft insurance market share along with current trends and future estimations to illustrate the imminent investment pockets.
  • Information about key drivers, restrains, and opportunities and their impact analysis on the global identity theft insurance market size are provided in the report.
  • The Porter’s five forces analysis illustrates the potency of buyers and suppliers operating in the identity theft insurance market.
  • An extensive analysis of the key segments of the industry helps to understand the identity theft insurance market trends.
  • The quantitative analysis of the global identity theft insurance market forecast from 2021 to 2030 is provided to determine the market potential. 

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Identity Theft Insurance Market Report Highlights

By TypeCredit Card FraudEmployment or Tax-Related FraudPhone or Utilities FraudBank FraudOthers
By ApplicationIndividualsBusiness
By RegionNorth America  (U.S., Canada)Europe  (UK, Germany, France, Italy, Spain, Rest of Europe)Asia-Pacific   (China, Japan, India, Australia, South Korea, Rest of Asia-Pacific)LAMEA  (Latin America, Middle East, Africa)
By Key Market PlayersAllstate Insurance CompanyAuraChubbExperianGEICOIdentityForce, Inc.IDShieldMcAfee, LLCNortonLifeLock InNationwide Mutual Insurance Company

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