Fraud Detection & Prevention Market Analysis and Growth during the Forecast Period 2016-2023 | Key Players include IBM Corporation, Oracle Corporation, SAS Institute Inc., SAP SE, BAE Systems

According to a new report titled, Fraud Detection & Prevention Market by Solution, Services, Deployment Type, End User, and Industry Vertical: Global Opportunity Analysis and Industry Forecast, 2016-2023, the global fraud detection & prevention market was valued at $13,644 million in 2016, and is expected to reach $40,610 million by 2023, growing at a CAGR of 17% from 2017 to 2023. The banking, financial services & insurance (BFSI) and manufacturing sectors are expected to dominate the global market. North America was the leading contributor to the global revenue, whereas, Asia-Pacific is projected to be dominant region by 2023.

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Emergence of big data analytics across various industries, such as BFSI, retail, manufacturing, healthcare, real estate, and others, high demand for cloud services, and proliferation of mobile devices for payment are expected to drive the market growth. Mobile phones enable easy access to personally identifiable information such as email address, home address, and banking & stored payment information. However, high installation cost of deploying varied prevention solutions, including predictive analytics, big data analytics, customer analytics, and others, hinders this growth.

The Major players reported in the market include:

IBM Corporation

Oracle Corporation

SAS Institute Inc.

Fair Isaac Corporation

SAP SE

BAE Systems

ACI Worldwide

NCR Limited

Lavastorm

ThreatMetrix

KEY BENEFITS

The study provides an in-depth analysis of the Fraud Detection & Prevention market along with current and future trends to elucidate the imminent investment pockets.

The report provides information regarding key drivers, restraints, and opportunities along with their impact analysis.

Porter’s Five Forces and SWOT analyses of key market players in the industry have been provided to highlight the growth strategies adopted by them.

The value chain analysis of the industry signifies the key intermediaries involved, and elaborates their roles and value additions at every stage of the value chain.

The quantitative analysis of the market during the period of 2016-2023 is provided to elaborate the market potential.

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KEY MARKET SEGMENTS:

By Solution Type

Fraud Analytics

Predictive Analytics

Customer Analytics

Social Media Analytics

Bigdata Analytics

Behavioral Analytics

Authentication

Single-Factor Authentication

Multifactor Authentication

By Services

Professional

Managed

By Deployment Type

Cloud

On-Premises

By End User

Small & Medium Enterprises (SMEs)

Large Enterprises

By Industry Vertical

BFSI

Retail

Healthcare

Real Estate

Manufacturing

Others

BY GEOGRAPHY

North America

Europe

Asia Pacific

Central & South America

Middle East and Africa

TABLE OF CONTENTS

CHAPTER 1 INTRODUCTION

CHAPTER 2 EXECUTIVE SUMMARY

CHAPTER 3 MARKET OVERVIEW

CHAPTER 4 WORLD FRAUD DETECTION & PREVENTION MARKET, BY END USER

CHAPTER 5 WORLD FRAUD DETECTION & PREVENTION MARKET, BY APPLICATION

CHAPTER 6 WORLD FRAUD DETECTION & PREVENTION MARKET, BY GEOGRAPHY

CHAPTER 7 COMPANY PROFILES

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Posted by on Friday September 13 2019, 6:17 PM EST. All trademarks acknowledged. Filed under Business Services, Featured Press Release, Technology, Media, & Telecommunications. Comments and Trackbacks closed. Follow responses: RSS 2.0

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