The global fraud detection and prevention market size is expected to grow from US$ 19.5 billion in 2019 to US$ 63.5 billion by 2027, at a CAGR of +27% during the forecast period.
Fraud Detection System is a Web-based security solution that can signal the threat of fraud before customers fall prey to the perpetrators. The system analyzes suspicious behavior and produces reports for security and risk mitigation purposes. Unlike network security solutions, the system reports suspicious activity before it escalates into fraud, identity theft or other crimes.
A new report as a Fraud Detection and Prevention market that includes a comprehensive analysis of the global market. This includes investigating past progress, ongoing market scenarios, and future prospects. Accurate data on the products, strategies and market share of leading companies in this particular market are mentioned. This report provides a 360-degree overview of the global market’s competitive landscape. The report further predicts the size and valuation of the global Fraud Detection and Prevention market during the forecast period.
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Top Key Players Covered in Fraud Detection and Prevention Market:
IBM (US), FICO (US), SAS Institute (US), BAE Systems (UK), DXC Technology (US), SAP (Germany), ACI Worldwide (US), Fiserv (US), NICE Systems (Israel), Experian (US), LexisNexis Risk solutions (US), iovation (US), Friss (Netherlands), Dell Technologies (US), First Data (US), Wirecard (Germany), Software AG (Germany), Easy Solutions (US), Distil Networks (US), Guardian Analytics (US), Securonix (US), MaxMind (US), Kount (US), and Simility (US)
The report has been curated by examining different geographies such as North America, Latin America, Middle East, Africa, and Europe. Static and dynamic features of the global Fraud Detection and Prevention market are also scrutinized through analysis methods such as primary and secondary research. The primary objective of this massive report is to offer an accurate and complete analysis of global market trends. North America was the dominant region for fraud detection solutions in 2018, owing to industrial expansion and rise in fraudulent activities. Currently, enterprises are more susceptible to incidents of frauds that may result in financial losses due to the generation of massive amounts of enterprise data and increase in technological advancements.
The major growth drivers, challenges, and trends influencing the market are examined at length. A thorough qualitative and quantitative data pertaining to the projected impact of these factors on market’s future growth prospects are presented in the Fraud Detection and Prevention market research report. Focused market research methodologies help organizations in clearly gauging the most crucial stakes in the market that need to the considered for effective decision making.
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Fraud Detection and Prevention Market: Deployment Analysis
Fraud Detection and Prevention Market: Component Analysis
Fraud Detection and Prevention Market: End-User Analysis
Fraud Detection and Prevention Market: Industry Vertical Analysis
- Small and Medium Enterprises (SMEs)
- Large Enterprises
In This Study, The Years Considered To Estimate The Size Of Fraud Detection and Prevention Market Are As Follows:
- IT and Telecom
- Government Sector
- Energy and Power
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- History Year: 2015-2018
- Base Year: 2018
- Estimated Year: 2019
- Forecast Year 2019 to 2027
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