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Fraud Detection and Prevention Market – 2024: Exclusive Analysis of Key Driving and Restraining Factors

The Fraud Detection and Prevention Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, and product type and distribution channels.

The report begins with a brief introduction and market overview, in which the Fraud Detection and Prevention industry is first defined before estimating its market scope and size. Next, the report elaborates on the market scope and market size estimation. This is followed by an overview of the market segmentations such as type, application, and region. The drivers, limitations, and opportunities are listed for the Fraud Detection and Prevention industry, followed by industry news and policies.

“Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement.”

Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/3906460?utm_source=GEETA-PFN

Top Key Players  involved in Fraud Detection and Prevention Industry are:
IBM
FICO
SAS Institute
BAE System
DXC Technology
SAP
ACI Worldwide
Fiserv
NICE Systems
Experia
……

Regions & Top Countries Data Covered in this Report are: Asia-Pacific (China, Southeast Asia, India, Japan, Korea, Western Asia), Europe (Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland), North America (United States, Canada, Mexico), Middle East & Africa (GCC, North Africa, South Africa) , South America (Brazil, Argentina, Columbia, Chile, Peru).

The report includes an analysis of the growth rate of every segment with the help of charts and tables. In addition, the market across various regions is analyzed in the report, including North America, Europe, Asia-Pacific, and LAMEA. The report manifests the growth trends and future opportunities in every region.

Global Fraud Detection and Prevention market is presented to the readers as a holistic snapshot of the competitive landscape within the given forecast period. It presents a comparative detailed analysis of the all regional and player segments, offering readers a better knowledge of where areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.

The Global Fraud Detection and Prevention Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.

By Type:
General Type
……

By Application:
Commercial
……

The Global Fraud Detection and Prevention Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.

For the future period, sound forecasts on market value and volume are offered for each type and application. In the same period, the report also provides a detailed analysis of market value and consumption for each region. These insights are helpful in devising strategies for the future and take necessary steps. New project investment feasibility analysis and SWOT analysis are offered along with insights on industry barriers. Research findings and conclusions are mentioned at the end.

Reasons for Buying This Report:

  • It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
  • It Provides A Five-Year Forecast Assessed on The Basis of How the Market Is Predicted to Grow
  • It Helps in Understanding the Key Product Segments and Their Future.
  • It Provides Pin Point Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
  • It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.

Get Discount on This Report @ https://www.bigmarketresearch.com/request-for-discount/3906460?utm_source=GEETA-PFN

About Us:

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.

We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Contact us:

Mr. Abhishek Paliwal

5933 NE Win Sivers Drive, #205, Portland,

OR 97220 United States

Direct: +1-971-202-1575

Toll Free: +1-800-910-6452

E-mail: [email protected]

 

Categories
News

Fraud Detection and Prevention Market 2020-2024 Growing Strongly With Top Key Players IBM, FICO, SAS Institute, BAE System, DXC Technology, SAP

The Fraud Detection and Prevention Market research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data and statistically-supported and industry-validated market data and projections with a suitable set of assumptions and methodology. It provides analysis and information by categories such as market segments, regions, and product type and distribution channels.

The report begins with a brief introduction and market overview, in which the Fraud Detection and Prevention industry is first defined before estimating its market scope and size. Next, the report elaborates on the market scope and market size estimation. This is followed by an overview of the market segmentations such as type, application, and region. The drivers, limitations, and opportunities are listed for the Fraud Detection and Prevention industry, followed by industry news and policies.

“Our analysis involves the study of the market taking into consideration the impact of the COVID-19 pandemic. Please get in touch with us to get your hands on an exhaustive coverage of the impact of the current situation on the market. Our expert team of analysts will provide as per report customized to your requirement.”

Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/3906460?utm_source=GEETA-PFN

Top Key Players  involved in Fraud Detection and Prevention Industry are:
IBM
FICO
SAS Institute
BAE System
DXC Technology
SAP
ACI Worldwide
Fiserv
NICE Systems
Experia
……

Regions & Top Countries Data Covered in this Report are: Asia-Pacific (China, Southeast Asia, India, Japan, Korea, Western Asia), Europe (Germany, UK, France, Italy, Russia, Spain, Netherlands, Turkey, Switzerland), North America (United States, Canada, Mexico), Middle East & Africa (GCC, North Africa, South Africa) , South America (Brazil, Argentina, Columbia, Chile, Peru).

The report includes an analysis of the growth rate of every segment with the help of charts and tables. In addition, the market across various regions is analyzed in the report, including North America, Europe, Asia-Pacific, and LAMEA. The report manifests the growth trends and future opportunities in every region.

Global Fraud Detection and Prevention market is presented to the readers as a holistic snapshot of the competitive landscape within the given forecast period. It presents a comparative detailed analysis of the all regional and player segments, offering readers a better knowledge of where areas in which they can place their existing resources and gauging the priority of a particular region in order to boost their standing in the global market.

The Global Fraud Detection and Prevention Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.

By Type:
General Type
……

By Application:
Commercial
……

The Global Fraud Detection and Prevention Market is gaining pace and businesses have started understanding the benefits of analytics in the present day highly dynamic business environment. The market has witnessed several important developments over the past few years, with mounting volumes of business data and the shift from traditional data analysis platforms to self-service business analytics being some of the most prominent ones.

For the future period, sound forecasts on market value and volume are offered for each type and application. In the same period, the report also provides a detailed analysis of market value and consumption for each region. These insights are helpful in devising strategies for the future and take necessary steps. New project investment feasibility analysis and SWOT analysis are offered along with insights on industry barriers. Research findings and conclusions are mentioned at the end.

Reasons for Buying This Report:

  • It Provides A Forward-Looking Perspective on Different Factors Driving or Restraining Market Growth.
  • It Provides A Five-Year Forecast Assessed on The Basis of How the Market Is Predicted to Grow
  • It Helps in Understanding the Key Product Segments and Their Future.
  • It Provides Pin Point Analysis of Changing Competition Dynamics and Keeps You Ahead of Competitors.
  • It Helps in Making Informed Business Decisions by Having Complete Insights of Market and By Making an In-Depth Analysis of Market Segments.

Get Discount on This Report @ https://www.bigmarketresearch.com/request-for-discount/3906460?utm_source=GEETA-PFN

About Us:

Big Market Research has a range of research reports from various publishers across the world. Our database of reports of various market categories and sub-categories would help to find the exact report you may be looking for.

We are instrumental in providing quantitative and qualitative insights on your area of interest by bringing reports from various publishers at one place to save your time and money. A lot of organizations across the world are gaining profits and great benefits from information gained through reports sourced by us.

Contact us:

Mr. Abhishek Paliwal

5933 NE Win Sivers Drive, #205, Portland,

OR 97220 United States

Direct: +1-971-202-1575

Toll Free: +1-800-910-6452

E-mail: [email protected]

 

Categories
News

Fraud Detection and Prevention Market Size, Share And Major Industry Players Forecast 2026 | Fortune Business Insights

The global fraud detection and prevention market is anticipated to reach a market value of US$ 110,041.3 Mn by the end of 2026. Key insights into this growing market have been offered by Fortune Business Insights in a report, titled “Fraud Detection and Prevention Market Size, Share and Global Trend By Deployment (Cloud & On-premises), By Service Type (Fraud Analytics & Authentication), By Industry Vertical (IT and Telecommunication, Retail, Consumer Electronics, Manufacturing, Automotive, Transportation and Logistics, Energy and Utilities) and Geography Forecast till 2026”. The report evaluates the factors that will play the most influential role in the growth of the market. Fraudulent activity can be understood as any kind of deception that is criminal in nature and is performed for financial or personal gain. The most rampant frauds are known to take place in the banking sector such as forging checks, phishing activities, stealing of credit and debit cards, the opening of fake accounts, and so on. The other sector where frauds have become commonplace is insurance. Here, frauds are mainly seen in the form of false insurance claims.

Request a Sample Copy of the Global Market Research Report: https://www.fortunebusinessinsights.com/enquiry/sample/fraud-detection-and-prevention-market-100231

Key companies

  • Fico
  • IBM
  • Fiserv, Inc.
  • FIS Global
  • ACI Worldwide
  • Bae Systems
  • Experian Information Solutions, Inc.
  • Software AG
  • Nice
  • DXC Technology
  • Dell Technologies
  • SAS Institute

The advent of Cloud-based Computing to Aid Market Growth

The global fraud detection and prevention market is set to grow formidably in the wake of the rapidly developing cloud-based software solutions and advanced analytics. Cloud computing offers speedy fraud detection and prevention mechanisms for financial institutions, which has increased its demand all over the globe. One of the key benefits of cloud infrastructure is the multi-layered security it provides for the personal data of users. Moreover, it also enables the facilitation of secure online transactions. Advancements in big data analytics, artificial intelligence, and machine learning technologies enable organizations to pre-empt frauds and take the necessary steps to prevent them. As more and more industries and markets start recognizing the benefits of cloud-based security systems, their demand is expected to rise. As a result, global fraud detection and prevention market will gain momentum in the forecast period.

Order Complete Report https://www.fortunebusinessinsights.com/checkout-page/100231

Key Industry Developments

  • Aug ,2018 – Fiserv, Inc. (NASDAQ: FISV), launched two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centres.
  • April, 2020 – BAE Systems introduced the NetReveal Fraud Prevention Solution with advanced analytics and detection methodologies employing machine learning techniques helping banks, insurers, and government agencies identify fraudulent activities.

Over-reliance on Cloud Software May Not be the Best Course of Action

While cloud-based solutions promise the highest quality of security infrastructure, they carry certain disadvantages. For example, since cloud computing is dependent on the internet, service downtime and outages are very real possibilities. In the same vein, with every piece of information being put online, the entire system is open to attacks such as hacking and phishing. While measures like the EU’s GDPR have been taken to ensure user privacy, not every form of data breach or privacy infringement can be foreseen. For example, recent cyberattacks such as WannaCry and the Equifax data breach were grim reminders of how vulnerable cloud-based systems are. These limiting factors can hinder the growth of the global fraud detection and prevention market.

Important Features that are under Offering and Key Highlights of the Market Report:

  • Detailed overview of Market Share
  • Changing market dynamics of the industry
  • In-depth market segmentation by Type, Application, etc.
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising market growth

Request for Customization: https://www.fortunebusinessinsights.com/enquiry/check-discount/fraud-detection-and-prevention-market-100231

Key Players Identified

The global fraud detection and prevention market is poised to become a competitive one due to its multi-dimensional nature and scope. The promising market is expected to attract innovative participants; some of them are already increasing their market presence through collaborations and new products. For example, in January 2018, US-based IBM and Denmark-based Maersk collaborated to develop a global trade platform using blockchain technology.

Key Segment within the Market

1. By Component

  • Solution
  • Fraud Analytics
  • Predictive Analytics
  • Customer Analytics
  • Social Media Analytics
  • Big data Analytics
  • Behavioral Analytics
  • Authentication
  • Single –Factor Authentication
  • Multi-Factor Authentication
  • Governance, Risk and Compliance
  • Services
  • Others

2. By Application area

  • Insurance Claims
  • Money Laundering
  • Electronic Payment
  • Others

3. By Organization Size

  • Large
  • Small & Medium Enterprises (SMEs)

4. By Deployment

  • On-Premise
  • Cloud

5. By Vertical

  • BFSI
  • IT & Telecommunication
  • Government
  • Retail & Consumer Packed Goods
  • Manufacturing
  • Healthcare and Life Sciences
  • Construction & Real Estate
  • Travel and Transportation
  • Energy and Utilities
  • Media & Entertainment
  • Others 

6. By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

North America to Lead the Charge

Generating a revenue of USD 6414 million in 2018, North America is expected to hold a commanding position in the global fraud detection and prevention market in the forecast period. Rapid adoption of cloud-based computing across various sectors is seen to be the major driver in the US and Canada for this market.

Fast-paced growth of Indian and Chinese economies is expected to fuel the market in the Asia-Pacific region. The region generated a revenue of USD 3860.5 million in 2018 and as economies develop, the market is expected to grow in tandem. The primary reason cited for this growth rate is the rising investments in adoption of advanced software solutions by companies for fraud detection and prevention purposes in the region. 

  • What opportunities are present for the market players to enhance their business footprint?
  • What manufacturing techniques are being implemented in the development of advanced Construction Equipment?
  • Which segment is witnessing huge traction from the consumers?
  • For what purposes, is the market being utilized?
  • How many units are estimated to be sold in 2020?

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/fraud-detection-and-prevention-market-100231

Key Features of Fraud Detection and Prevention Market Research Report:

  • This report provides detail analysis of the market and have a comprehensive understanding of the market and its commercial landscape.
  • Learn about the various market strategies that are being adopted by leading companies.
  • It provides a five-year forecast assessed based on how the market is predicted to grow.
  • It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
  • To understand the future scope and outlooks for the market.
  • Market Forecast by regions, type and application, with sales and revenue, from 2020 to 2026.
  • Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
  • Market Size (sales, revenue) forecast by regions and countries from 2020 to 2023 of industry.
  • The global market Growth is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2023. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
  • Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
  • Market Report also mentions market share accrued by each product in the market, along with the production growth.

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Table of Content

5. Global Fraud Detection and Prevention Market Analysis, Insights and Forecast, 2015-2026

5.1. Key Findings / Summary

5.2. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Component (US$ Mn)

5.2.1. Solutions

5.2.1.1. Fraud Analytics

5.2.1.1.1. Predictive Analytics

5.2.1.1.2. Customer Analytics

5.2.1.1.3. Social Media Analytics

5.2.1.1.4. Big Data Analytics

5.2.1.1.5. Behavioural Analytics

5.2.1.2. Authentication

5.2.1.2.1. Single-Factor Authentication

5.2.1.2.2. Multi-Factor Authentication

5.2.1.3. Governance, Risk, and Compliance

5.2.2. Services

5.2.2.1. Professional Services

5.2.2.1.1. Consulting

5.2.2.1.2. Training and Education

5.2.2.1.3. Support and Maintenance

5.2.2.2. Managed Services

5.3. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Application (US$ Mn)

5.3.1. Insurance claims

5.3.2. Money laundering

5.3.3. Electronic payment

5.3.4. Others

5.4. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Deployment (US$ Mn)

5.4.1. Cloud

5.4.2. On-Premises

5.5. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Organization Size (US$ Mn)

5.5.1. Small and Medium Enterprises (SMEs)

5.5.2. Large Enterprises

5.6. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Vertical (US$ Mn)

5.6.1. BFSI

5.6.2. IT and Telecom

5.6.3. Retail and Consumer Packaged Goods

5.6.4. Government

5.6.5. Real Estate and Construction

5.6.6. Energy and Utilities

5.6.7. Travel and Transportation

5.6.8. Manufacturing

5.6.9. Healthcare and Life Sciences

5.6.10. Media and Entertainment

5.6.11. Others

5.7. Fraud Detection and Prevention Market Analysis, Insights and Forecast – By Geography (US$ Mn)

5.7.1. North America

5.7.2. Europe

5.7.3. Asia Pacific

5.7.4. Middle East and Africa

5.7.5. Latin America

6. North America Fraud Detection and Prevention Market Analysis, Insights and Forecast, 2015-2026

6.1. Key Findings / Summary

6.2. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Component (US$ Mn)

6.2.1. Solutions

6.2.1.1. Fraud Analytics

6.2.1.1.1. Predictive Analytics

6.2.1.1.2. Customer Analytics

6.2.1.1.3. Social Media Analytics

6.2.1.1.4. Big Data Analytics

6.2.1.1.5. Behavioural Analytics

6.2.1.2. Authentication

6.2.1.2.1. Single-Factor Authentication

6.2.1.2.2. Multi-Factor Authentication

6.2.1.3. Governance, Risk, and Compliance

6.2.2. Services

6.2.2.1. Professional Services

6.2.2.1.1. Consulting

6.2.2.1.2. Training and Education

6.2.2.1.3. Support and Maintenance

6.2.2.2. Managed Services

6.3. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Application (US$ Mn)

6.3.1. Insurance claims

6.3.2. Money laundering

6.3.3. Electronic payment

6.3.4. Others

6.4. Market Sizing Estimations and Forecasts – By Deployment (US$ Mn)

6.4.1. Cloud

6.4.2. On-Premises

6.5. Market Sizing Estimations and Forecasts – By Organization Size (US$ Mn)

6.5.1. Small and Medium Enterprises (SMEs)

6.5.2. Large Enterprises

6.6. Market Sizing Estimations and Forecasts – By Vertical (US$ Mn)

6.6.1. BFSI

6.6.2. IT and Telecom

6.6.3. Retail and Consumer Packaged Goods

6.6.4. Government

6.6.5. Real Estate and Construction

6.6.6. Energy and Utilities

6.6.7. Travel and Transportation

6.6.8. Manufacturing

6.6.9. Healthcare and Life Sciences

6.6.10. Media and Entertainment

6.6.11. Others

6.7. Market Analysis, Insights and Forecast – By Country (US$ Mn)

6.7.1. United States

6.7.2. Canada

7. Europe Fraud Detection and Prevention Market Analysis, Insights and Forecast, 2015-2026

7.1. Key Findings / Summary

7.2. Market Sizing Estimations and Forecasts – By Component (US$ Mn)

7.2.1. Solutions

7.2.1.1. Fraud Analytics

7.2.1.1.1. Predictive Analytics

7.2.1.1.2. Customer Analytics

7.2.1.1.3. Social Media Analytics

7.2.1.1.4. Big Data Analytics

7.2.1.1.5. Behavioural Analytics

7.2.1.2. Authentication

7.2.1.2.1. Single-Factor Authentication

7.2.1.2.2. Multi-Factor Authentication

7.2.1.3. Governance, Risk, and Compliance

7.2.2. Services

7.2.2.1. Professional Services

7.2.2.1.1. Consulting

7.2.2.1.2. Training and Education

7.2.2.1.3. Support and Maintenance

7.2.2.2. Managed Services

7.3. Market Sizing Estimations and Forecasts – By Application (US$ Mn)

7.3.1. Insurance claims

7.3.2. Money laundering

7.3.3. Electronic payment

7.3.4. Others

7.4. Market Sizing Estimations and Forecasts – By Deployment (US$ Mn)

7.4.1. Cloud

TOC Continued……!

(Have a Look at Reports Trending in “Information & Technology” Industry)

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Categories
News

Who are the key manufacturers in Fraud Detection and Prevention Market?

The global fraud detection and prevention market is anticipated to reach a market value of US$ 110,041.3 Mn by the end of 2026. Key insights into this growing market have been offered by Fortune Business Insights in a report, titled “Fraud Detection and Prevention Market Size, Share and Global Trend By Deployment (Cloud & On-premises), By Service Type (Fraud Analytics & Authentication), By Industry Vertical (IT and Telecommunication, Retail, Consumer Electronics, Manufacturing, Automotive, Transportation and Logistics, Energy and Utilities) and Geography Forecast till 2026”. The report evaluates the factors that will play the most influential role in the growth of the market. Fraudulent activity can be understood as any kind of deception that is criminal in nature and is performed for financial or personal gain. The most rampant frauds are known to take place in the banking sector such as forging checks, phishing activities, stealing of credit and debit cards, the opening of fake accounts, and so on. The other sector where frauds have become commonplace is insurance. Here, frauds are mainly seen in the form of false insurance claims.

Request a Sample Copy of the Global Market Research Report: https://www.fortunebusinessinsights.com/enquiry/sample/fraud-detection-and-prevention-market-100231

Key companies

  • Fico
  • IBM
  • Fiserv, Inc.
  • FIS Global
  • ACI Worldwide
  • Bae Systems
  • Experian Information Solutions, Inc.
  • Software AG
  • Nice
  • DXC Technology
  • Dell Technologies
  • SAS Institute

The advent of Cloud-based Computing to Aid Market Growth

The global fraud detection and prevention market is set to grow formidably in the wake of the rapidly developing cloud-based software solutions and advanced analytics. Cloud computing offers speedy fraud detection and prevention mechanisms for financial institutions, which has increased its demand all over the globe. One of the key benefits of cloud infrastructure is the multi-layered security it provides for the personal data of users. Moreover, it also enables the facilitation of secure online transactions. Advancements in big data analytics, artificial intelligence, and machine learning technologies enable organizations to pre-empt frauds and take the necessary steps to prevent them. As more and more industries and markets start recognizing the benefits of cloud-based security systems, their demand is expected to rise. As a result, global fraud detection and prevention market will gain momentum in the forecast period.

Order Complete Report https://www.fortunebusinessinsights.com/checkout-page/100231

Key Industry Developments

  • Aug ,2018 – Fiserv, Inc. (NASDAQ: FISV), launched two enhanced consumer authentication solutions, step-up authentication and identity verification, to mitigate card fraud within call centres.
  • April, 2020 – BAE Systems introduced the NetReveal Fraud Prevention Solution with advanced analytics and detection methodologies employing machine learning techniques helping banks, insurers, and government agencies identify fraudulent activities.

Over-reliance on Cloud Software May Not be the Best Course of Action

While cloud-based solutions promise the highest quality of security infrastructure, they carry certain disadvantages. For example, since cloud computing is dependent on the internet, service downtime and outages are very real possibilities. In the same vein, with every piece of information being put online, the entire system is open to attacks such as hacking and phishing. While measures like the EU’s GDPR have been taken to ensure user privacy, not every form of data breach or privacy infringement can be foreseen. For example, recent cyberattacks such as WannaCry and the Equifax data breach were grim reminders of how vulnerable cloud-based systems are. These limiting factors can hinder the growth of the global fraud detection and prevention market.

Important Features that are under Offering and Key Highlights of the Market Report:

  • Detailed overview of Market Share
  • Changing market dynamics of the industry
  • In-depth market segmentation by Type, Application, etc.
  • Historical, current and projected market size in terms of volume and value
  • Recent industry trends and developments
  • Competitive landscape of Market
  • Strategies of key players and product offerings
  • Potential and niche segments/regions exhibiting promising market growth

Request for Customization: https://www.fortunebusinessinsights.com/enquiry/check-discount/fraud-detection-and-prevention-market-100231

Key Players Identified

The global fraud detection and prevention market is poised to become a competitive one due to its multi-dimensional nature and scope. The promising market is expected to attract innovative participants; some of them are already increasing their market presence through collaborations and new products. For example, in January 2018, US-based IBM and Denmark-based Maersk collaborated to develop a global trade platform using blockchain technology.

Key Segment within the Market

1. By Component

  • Solution
  • Fraud Analytics
  • Predictive Analytics
  • Customer Analytics
  • Social Media Analytics
  • Big data Analytics
  • Behavioral Analytics
  • Authentication
  • Single –Factor Authentication
  • Multi-Factor Authentication
  • Governance, Risk and Compliance
  • Services
  • Others

2. By Application area

  • Insurance Claims
  • Money Laundering
  • Electronic Payment
  • Others

3. By Organization Size

  • Large
  • Small & Medium Enterprises (SMEs)

4. By Deployment

  • On-Premise
  • Cloud

5. By Vertical

  • BFSI
  • IT & Telecommunication
  • Government
  • Retail & Consumer Packed Goods
  • Manufacturing
  • Healthcare and Life Sciences
  • Construction & Real Estate
  • Travel and Transportation
  • Energy and Utilities
  • Media & Entertainment
  • Others

6. By Geography

  • North America (USA and Canada)
  • Europe (UK, Germany, France, Italy, Spain, Scandinavia and Rest of Europe)
  • Asia Pacific (Japan, China, India, Australia, Southeast Asia and Rest of Asia Pacific)
  • Latin America (Brazil, Mexico and Rest of Latin America)
  • Middle East & Africa (South Africa, GCC and Rest of Middle East & Africa)

North America to Lead the Charge

Generating a revenue of USD 6414 million in 2018, North America is expected to hold a commanding position in the global fraud detection and prevention market in the forecast period. Rapid adoption of cloud-based computing across various sectors is seen to be the major driver in the US and Canada for this market.

Fast-paced growth of Indian and Chinese economies is expected to fuel the market in the Asia-Pacific region. The region generated a revenue of USD 3860.5 million in 2018 and as economies develop, the market is expected to grow in tandem. The primary reason cited for this growth rate is the rising investments in adoption of advanced software solutions by companies for fraud detection and prevention purposes in the region.

  • What opportunities are present for the market players to enhance their business footprint?
  • What manufacturing techniques are being implemented in the development of advanced Construction Equipment?
  • Which segment is witnessing huge traction from the consumers?
  • For what purposes, is the market being utilized?
  • How many units are estimated to be sold in 2020?

For more information in the analysis of this report, visit: https://www.fortunebusinessinsights.com/industry-reports/fraud-detection-and-prevention-market-100231

Key Features of Fraud Detection and Prevention Market Research Report:

  • This report provides detail analysis of the market and have a comprehensive understanding of the market and its commercial landscape.
  • Learn about the various market strategies that are being adopted by leading companies.
  • It provides a five-year forecast assessed based on how the market is predicted to grow.
  • It provides insightful analysis of changing competition dynamics and keeps you ahead of competitors.
  • To understand the future scope and outlooks for the market.
  • Market Forecast by regions, type and application, with sales and revenue, from 2020 to 2026.
  • Market Share, distributors, major suppliers, changing price patterns and the supply chain of raw materials is highlighted in the report.
  • Market Size (sales, revenue) forecast by regions and countries from 2020 to 2023 of industry.
  • The global market Growth is anticipated to rise at a considerable rate during the forecast period, between 2020 and 2023. In 2020, the market was growing at a steady rate and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
  • Market Trend for Development and marketing channels are analysed. Finally, the feasibility of new investment projects is assessed and overall research conclusions offered.
  • Market Report also mentions market share accrued by each product in the market, along with the production growth.

Lastly, this report covers the market landscape and its growth prospects over the coming years, the Report also brief deals with the product life cycle, comparing it to the relevant products from across industries that had already been commercialized details the potential for various applications, discussing about recent product innovations and gives an overview on potential regional market shares.

Table of Content

5. Global Fraud Detection and Prevention Market Analysis, Insights and Forecast, 2015-2026

5.1. Key Findings / Summary

5.2. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Component (US$ Mn)

5.2.1. Solutions

5.2.1.1. Fraud Analytics

5.2.1.1.1. Predictive Analytics

5.2.1.1.2. Customer Analytics

5.2.1.1.3. Social Media Analytics

5.2.1.1.4. Big Data Analytics

5.2.1.1.5. Behavioural Analytics

5.2.1.2. Authentication

5.2.1.2.1. Single-Factor Authentication

5.2.1.2.2. Multi-Factor Authentication

5.2.1.3. Governance, Risk, and Compliance

5.2.2. Services

5.2.2.1. Professional Services

5.2.2.1.1. Consulting

5.2.2.1.2. Training and Education

5.2.2.1.3. Support and Maintenance

5.2.2.2. Managed Services

5.3. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Application (US$ Mn)

5.3.1. Insurance claims

5.3.2. Money laundering

5.3.3. Electronic payment

5.3.4. Others

5.4. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Deployment (US$ Mn)

5.4.1. Cloud

5.4.2. On-Premises

5.5. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Organization Size (US$ Mn)

5.5.1. Small and Medium Enterprises (SMEs)

5.5.2. Large Enterprises

5.6. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Vertical (US$ Mn)

5.6.1. BFSI

5.6.2. IT and Telecom

5.6.3. Retail and Consumer Packaged Goods

5.6.4. Government

5.6.5. Real Estate and Construction

5.6.6. Energy and Utilities

5.6.7. Travel and Transportation

5.6.8. Manufacturing

5.6.9. Healthcare and Life Sciences

5.6.10. Media and Entertainment

5.6.11. Others

5.7. Fraud Detection and Prevention Market Analysis, Insights and Forecast – By Geography (US$ Mn)

5.7.1. North America

5.7.2. Europe

5.7.3. Asia Pacific

5.7.4. Middle East and Africa

5.7.5. Latin America

6. North America Fraud Detection and Prevention Market Analysis, Insights and Forecast, 2015-2026

6.1. Key Findings / Summary

6.2. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Component (US$ Mn)

6.2.1. Solutions

6.2.1.1. Fraud Analytics

6.2.1.1.1. Predictive Analytics

6.2.1.1.2. Customer Analytics

6.2.1.1.3. Social Media Analytics

6.2.1.1.4. Big Data Analytics

6.2.1.1.5. Behavioural Analytics

6.2.1.2. Authentication

6.2.1.2.1. Single-Factor Authentication

6.2.1.2.2. Multi-Factor Authentication

6.2.1.3. Governance, Risk, and Compliance

6.2.2. Services

6.2.2.1. Professional Services

6.2.2.1.1. Consulting

6.2.2.1.2. Training and Education

6.2.2.1.3. Support and Maintenance

6.2.2.2. Managed Services

6.3. Fraud Detection and Prevention Market Sizing Estimations and Forecasts – By Application (US$ Mn)

6.3.1. Insurance claims

6.3.2. Money laundering

6.3.3. Electronic payment

6.3.4. Others

6.4. Market Sizing Estimations and Forecasts – By Deployment (US$ Mn)

6.4.1. Cloud

6.4.2. On-Premises

6.5. Market Sizing Estimations and Forecasts – By Organization Size (US$ Mn)

6.5.1. Small and Medium Enterprises (SMEs)

6.5.2. Large Enterprises

6.6. Market Sizing Estimations and Forecasts – By Vertical (US$ Mn)

6.6.1. BFSI

6.6.2. IT and Telecom

6.6.3. Retail and Consumer Packaged Goods

6.6.4. Government

6.6.5. Real Estate and Construction

6.6.6. Energy and Utilities

6.6.7. Travel and Transportation

6.6.8. Manufacturing

6.6.9. Healthcare and Life Sciences

6.6.10. Media and Entertainment

6.6.11. Others

6.7. Market Analysis, Insights and Forecast – By Country (US$ Mn)

6.7.1. United States

6.7.2. Canada

7. Europe Fraud Detection and Prevention Market Analysis, Insights and Forecast, 2015-2026

7.1. Key Findings / Summary

7.2. Market Sizing Estimations and Forecasts – By Component (US$ Mn)

7.2.1. Solutions

7.2.1.1. Fraud Analytics

7.2.1.1.1. Predictive Analytics

7.2.1.1.2. Customer Analytics

7.2.1.1.3. Social Media Analytics

7.2.1.1.4. Big Data Analytics

7.2.1.1.5. Behavioural Analytics

7.2.1.2. Authentication

7.2.1.2.1. Single-Factor Authentication

7.2.1.2.2. Multi-Factor Authentication

7.2.1.3. Governance, Risk, and Compliance

7.2.2. Services

7.2.2.1. Professional Services

7.2.2.1.1. Consulting

7.2.2.1.2. Training and Education

7.2.2.1.3. Support and Maintenance

7.2.2.2. Managed Services

7.3. Market Sizing Estimations and Forecasts – By Application (US$ Mn)

7.3.1. Insurance claims

7.3.2. Money laundering

7.3.3. Electronic payment

7.3.4. Others

7.4. Market Sizing Estimations and Forecasts – By Deployment (US$ Mn)

7.4.1. Cloud

TOC Continued……!

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