Fraud Detection & Prevention Market Projected to Register 17% CAGR to 2023 | IBM Corporation, Oracle Corporation, SAS Institute, Fair Isaac, SAP SE, BAE Systems, ACI Worldwide, NCR Limited

Fraud Detection & Prevention Market

The current business scenario has witnessed an upsurge in the adoption of fraud detection & prevention solutions in developed as well as the developing regions. The companies adopt efficient techniques to provide customers with innovative and modernized security offerings. Introduction of big data analytics and cloud computing services, and increase in mobile payment drive the growth of the fraud detection & prevention market. Although continuous technological advancements prevailing in the market are promoting market expansion, factors such as high cost of these solutions may restrict the fraud detection & prevention market growth.

The global fraud detection & prevention market size was valued at $13,644 million in 2016, and is expected to reach $40,610 million by 2023, growing at a CAGR of 17% during the forecast period. Fraud detection & prevention solutions are solutions offered by IT vendors against fraud incidents and help to detect or prevent such future occurrences.

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Key Players of Fraud Detection & Prevention Market:
IBM Corporation, Oracle Corporation, SAS Institute Inc., Fair Isaac Corporation., SAP SE, BAE Systems, ACI Worldwide, NCR Limited, Lavastorm Analytics, and ThreatMetri

Global Fraud Detection & Prevention Market Analysis to 2023 is a specialized and in-depth study of the Fraud Detection & Prevention industry with a focus on the global market trend. The report aims to provide an overview of global Fraud Detection & Prevention Market with detailed market segmentation by product/application and geography. Fraud Detection & Prevention Market report covers the present and past market scenarios, market development patterns, and is likely to proceed with a continuing development over the forecast period.

The global fraud detection & prevention market is segmented based on solution type, services, deployment type, end user, industry vertical, and geography. On the basis of solution type, it is bifurcated into fraud analytics and authentication.  The services segment is classified based on professional services and managed services. Managed services is expected to exhibit the highest growth rate during the forecast period, as they integrate with the company's intellectual property to provide end-to-end solutions tailored to meet the organization's exact requirements. Based on deployment model, the market is segmented into cloud and on-premises models. By end user, it is divided into small & medium enterprises (SMEs) and large enterprises (LE). Industries analyzed in this report include banking, financial service & insurance (BFSI); retail; healthcare; real estate; manufacturing; and others. T

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Key Benefits:

  1. This study comprises the analytical depiction of the global Fraud Detection & Prevention (market along with the current trends and future estimations to depict the imminent investment pockets.
  2. The overall market potential is determined to understand the profitable trends to enable stakeholders gain a stronger foothold in the market.
  3. The report presents information related to key drivers, restraints, and opportunities with a detailed impact analysis.
  4. Porter's five forces analysis illustrates the potency of the buyers and suppliers.

Table of Contents:
Chapter 1 Introduction
Chapter 2 Executive Summary
Chapter 3 Market Overview
Chapter 4 Fraud Detection & Prevention Market, By Type
Chapter 5 Fraud Detection & Prevention Market, By Application
Chapter 6 Fraud Detection & Prevention Market, By End User
Chapter 7 Fraud Detection & Prevention Market, By Geography
Chapter 8 Company Profiles

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