Security News > 2022 > February > Identity theft protection services market to surpass $24B by 2032

The global identity theft protection services market is estimated at $10 Billion in 2022 and is forecast to surpass $24 Billion by 2032, growing at a CAGR of 9.4% during 2022-2032, according to Fact.MR. The global identity theft protection services market is estimated to have an absolute $ opportunity of $14 Billion during the assessment period of 2022-2032.

Monitoring services that help in observing unauthorized use of personal information and recovery services which deals with the ripple effects of post-identity theft are anticipated to increase the identity theft protection services market growth of by ~23% in upcoming half-decade.

These cases had a positive impact on the identity theft protection services market by 1.2X. Key takeaways The global identity theft protection services market is estimated to have an absolute $ opportunity of $14 Billion.

The identity theft protection services market is expected to witness exhibiting growth at 9.4% CAGR during 2022-2032.

Identity theft protection services market growth drivers Consumers and enterprises are using data protection software's and are deploying Network Access Control across their enterprises, which is increasing the demand.

Key restraints for the identity theft protection services market Identity theft protection services depends upon on the services being chosen which then prove very expensive.

News URL

https://www.helpnetsecurity.com/2022/02/08/identity-theft-protection-services-2032/