Identity Theft Insurance Market, Global Outlook and Forecast 2023-2030
The global Identity Theft Insurance market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Identity theft is a crime, a type of fraud in which an imposter steals individual information of anOthers person (or a company) and uses it by pretending to be someone else in order to gain some benefit (e.g. money or goods). An identity theft can cause a victim both a financial and emotional damage and also a waste of time and energy needed to avoid consequences of the fraud.
This report aims to provide a comprehensive presentation of the global market for Identity Theft Insurance, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Identity Theft Insurance. This report contains market size and forecasts of Identity Theft Insurance in global, including the following market information:
Global Identity Theft Insurance Market Revenue, 2018-2023, 2024-2030, ($ millions)
Global top five companies in 2022 (%)
The identity theft can also affect companies, causing not only economic but also reputational damages (e.g. the imposter offers lower quality services compared to the ones offered by the original company). Moreover the companies are supposed to protect beyond themself, also their employees, clients and suppliers, and so they are responsible to damages caused to the third parties in a case of bad handling of their sensible data. Depending on a different country the fine for not proper handling such data could be very high. Therefore, in order to prevent that risk, the most important practices are the training of the employees about the risks and manners in which identity theft can be performed, and the countermeasures to adopt. Also it is advisable to have a good information system provided with adequate security and constantly updated.
We surveyed the Identity Theft Insurance companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Identity Theft Insurance Market, by Type, 2018-2023, 2024-2030 ($ millions)
Global Identity Theft Insurance Market Segment Percentages, by Type, 2022 (%)
- Credit Card Fraud
- Employment or Tax-Related Fraud
- Phone or Utility Fraud
- Bank Fraud
Global Identity Theft Insurance Market, by Application, 2018-2023, 2024-2030 ($ millions)
Global Identity Theft Insurance Market Segment Percentages, by Application, 2022 (%)
Global Identity Theft Insurance Market, By Region and Country, 2018-2023, 2024-2030 ($ Millions)
Global Identity Theft Insurance Market Segment Percentages, By Region and Country, 2022 (%)
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Italy, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, South Korea, Australia, Rest of APAC)
- The Middle East and Africa (Middle East, Africa)
- South and Central America (Brazil, Argentina, Rest of SCA)
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Identity Theft Insurance revenues in global market, 2018-2023 (estimated), ($ millions)
- Key companies Identity Theft Insurance revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- Erie
- Allstate
- American Family
- Hanover
- Liberty Mutual
- MetLife
- Nationwide
- State Farm
- Travelers
- USAA
- Esurance
- GEICO
- AXA
- Allianz
Outline of Major Chapters:
Chapter 1: Introduces the definition of Identity Theft Insurance, market overview.
Chapter 2: Global Identity Theft Insurance market size in revenue.
Chapter 3: Detailed analysis of Identity Theft Insurance company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Identity Theft Insurance in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.
