It could also be that an enemy discovers his identity through some devious means. They might have been spying on him for a long time, following his every move until they finally piece together that Peter Parker is Spider - Man. This would put not only Peter in danger but also his loved ones, as the enemy could target them to get to Spider - Man.
One possible scenario could be that Peter Parker's closest friends find out his identity in a moment of danger. For example, when they are all facing a powerful villain together and Peter has no choice but to unmask to save them.
His best friend could be the one. Since they are close, they might notice some strange behavior or coincidences that lead them to suspect Peter is Spider - Man. For instance, Peter always disappearing at the same time Spider - Man shows up.
One possible consequence could be that Peter Parker's loved ones are put in danger. Since his identity as Spider - Man is out, villains might target his aunt May or his friends to get to him.
Perhaps Doctor Octopus. Knowing who Spider - Man really is, he might use his intelligence and his mechanical arms to create elaborate traps for Peter Parker at his home or workplace. He could also try to expose Spider - Man's secrets further to the public and turn the public against him.
In some fanfictions, Peter might die heroically while saving the city from a powerful villain like Venom. He could sacrifice himself to protect his loved ones and the innocent.
The villains in the fanfiction would surely take advantage of this situation. They could target Spider - Man's loved ones, like Aunt May. Maybe the Green Goblin would plan a big attack on Spider - Man's home, knowing that he now has the upper hand with Spider - Man's identity out in the open. And Spider - Man himself would have to be extra cautious and might even consider leaving the Avengers to protect them.
Well, one thing that could happen is that Peter Parker's friends might be in shock. They could feel betrayed that he didn't tell them earlier. Some might be scared for his safety as they now know he's constantly in danger as Spider - Man. And the school might become a target for his enemies who find out where he spends a lot of his time.
Well, the public's reaction would be a huge factor. Some might see him as a hero, but there would also be those who fear his powers. Maybe the media would start hounding him, like they did with Superman in some stories, constantly asking for interviews and trying to dig up dirt on his personal life.
Yes, it is. In some storylines, Spider-Man's identity is indeed revealed.
Yes, Spider-Man's identity has been revealed in some comic storylines.
One possible revelation could be about Spider - Man's true identity being discovered in a different way than in the original comics. Maybe his friends find out through some unexpected event.