Identity theft insurance is intended to cover some of the costs associated with a theft of one's identity. In addition, it compensates victims for expenses incurred in regaining their financial identities and fixing their credit records. These expenses include everything from phone bills to legal assistance. Moreover, specialists are frequently provided by policies to assist victims with the process of reclaiming their identities. Furthermore, when someone uses personal information to attempt fraud or other crimes, it is called identity theft.
Increase in adoption of convenience of digital payments for customers and significant increase in cybercrimes promote the growth of the identity theft insurance market. These factors notably contribute toward the growth of the global identity theft insurance market. However, lack of less awareness among people about identity theft insurances and client expectations for superior services are some of the factors that hamper the market growth. On the contrary, surge in digitization in developing countries is expected to provide various growth opportunities for the market growth. In addition, increased importance of digital privacy for the people are expected to provide lucrative opportunities for the market growth in the coming years.
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.
The study provides in-depth analysis of the identity theft insurance market along with the current trends and future estimations to illustrate the imminent investment pockets.
Information about key drivers, restrains, & opportunities and their impact analysis on the 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 industry.
The quantitative analysis of the identity theft insurance market from 2021 to 2030 is provided to determine the market potential
Key Topics Covered:
CHAPTER 1: INTRODUCTION
CHAPTER 2: EXECUTIVE SUMMARY 2.1. Key findings 2.1.1. Top impacting factors 2.1.2. Top investment pockets 2.2. CXO perspective
CHAPTER 3: MARKET OVERVIEW 3.1. Market definition and scope 3.2. Key forces shaping global identity theft insurance market 3.3. Market dynamics 3.3.1. Drivers 22.214.171.124. Increasing adoption of digital payments 126.96.36.199. Rising cybercrimes 188.8.131.52. Increase in the number of credit card users 3.3.2. Restraints 184.108.40.206. Lack of awareness among consumers 220.127.116.11. Meeting client expectations 3.3.3. Opportunities 18.104.22.168. Increasing number of users on online platform 22.214.171.124. Growing digitalization in developing countries 126.96.36.199. Increased importance for privacy 3.4. COVID-19 impact analysis on identity theft insurance market 3.4.1. Impact on identity theft insurance market size 3.4.2. Change in consumer trends, preferences, and budget impact, owing to COVID-19 3.4.3. Framework for market challenges faced by identity theft insurance providers 3.4.4. Economic impact on identity theft insurance providers 3.4.5. Key player strategies to tackle negative impact on the industry 3.4.6. Opportunity analysis for identity theft insurance providers
CHAPTER 4: IDENTITY THEFT INSURANCE MARKET, BY TYPE 4.1. Overview 4.2. Credit Card Fraud 4.2.1. Key market trends, growth factors, and opportunities 4.2.2. Market size and forecast, by region 4.2.3. Market analysis, by country 4.3. Employment Or Tax-Related Fraud 4.3.1. Key market trends, growth factors, and opportunities 4.3.2. Market size and forecast, by region 4.3.3. Market analysis, by country 4.4. Phone Or Utilities Fraud 4.4.1. Key market trends, growth factors, and opportunities 4.4.2. Market size and forecast, by region 4.4.3. Market analysis, by country 4.5. Bank Fraud 4.5.1. Key market trends, growth factors, and opportunities 4.5.2. Market size and forecast, by region 4.5.3. Market analysis, by country 4.6. Others 4.6.1. Key market trends, growth factors, and opportunities 4.6.2. Market size and forecast, by region 4.6.3. Market analysis, by country
CHAPTER 5: IDENTITY THEFT INSURANCE MARKET, BY APPLICATION 5.1. Overview 5.2. Individuals 5.2.1. Key market trends, growth factors, and opportunities 5.2.2. Market size and forecast, by region 5.2.3. Market analysis, by country 5.3. Business 5.3.1. Key market trends, growth factors, and opportunities 5.3.2. Market size and forecast, by region 5.3.3. Market analysis, by country
CHAPTER 6: IDENTITY THEFT INSURANCE MARKET, BY REGION
CHAPTER 7: COMPETITIVE LANDSCAPE 7.1. Introduction 7.1.1. Market player positioning, 2020 7.2. Competitive dashboard 7.2.1. Top winning strategies
CHAPTER 8: COMPANY PROFILES 8.1. Allstate Insurance Company 8.1.1. Company overview 8.1.2. Company snapshot 8.1.3. Operating business segments 8.1.4. Product portfolio 8.1.5. Business performance 8.2. Aura 8.2.1. Company overview 8.2.2. Company snapshot 8.2.3. Product portfolio 8.2.4. Key strategic moves and developments 8.3. Chubb 8.3.1. Company overview 8.3.2. Company snapshot 8.3.4. Product portfolio 8.3.5. Business performance 8.3.6. Key strategic moves and developments 8.4. Experian Information Solutions, Inc. 8.4.1. Company overview 8.4.2. Company snapshot 8.4.3. Operating business segments 8.4.4. Product portfolio 8.4.5. Business performance 8.4.6. Key strategic moves and developments 8.5. GEICO 8.5.1. Company overview 8.5.2. Company snapshot 8.5.3. Product portfolio 8.6. IdentityForce, Inc. 8.6.1. Company overview 8.6.2. Company snapshot 8.6.3. Product portfolio 8.6.4. Key strategic moves and developments 8.7. IDShield 8.7.1. Company overview 8.7.2. Company snapshot 8.7.3. Product portfolio 8.7.4. Key strategic moves and developments 8.8. McAfee, LLC 8.8.1. Company overview 8.8.2. Company snapshot 8.8.3. Operating business segments 8.8.4. Product portfolio 8.8.5. Business performance 8.8.6. Key strategic moves and developments 8.9. NortonLifeLock, Inc. 8.9.1. Company overview 8.9.2. Company snapshot 8.9.4. Product portfolio 8.9.5. Business performance 8.9.6. Key strategic moves and developments 8.10. Nationwide Mutual Insurance Company 8.10.1. Company overview 8.10.2. Company snapshot 8.10.3. Product portfolio 8.10.4. Key strategic moves and developments