Transparency Market Research
Single User License: Fraud Detection and Prevention (FDP) Market - Global Industry Analysis and Worldwide Forecasts , 2014 – 2020
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REPORT DESCRIPTION
Transparency Market Research Reports included a detailed market survey and analysis trends on “Fraud Detection and Prevention Market�. This report also includes more info about basic overview of the industry including definitions, applications and global market industry structure. Any illegal act involving the obtaining of something of value through willful misrepresentation is called fraud. Fraud detection and prevention systems (FDP) are those software applications which are used to provide analytical solutions for detection and prevention of fraud in future. Authentication solutions and fraud analytical solutions form the core of FDP systems. FDP systems analyze data from wide range of data sources for possible inaccuracies. It analyzes patterns, anomalies and trends in the transactions. It identifies the outliers and reports the same in case of doubtful situations and transactions. FDP prevents unauthorized access preventing fraud incidents. It also verifies user identity and maintains data integrity. Recently, with advent of solutions such as cloud services, internet enabled solutions, and increased preference for digital data modes, vulnerability of enterprises towards fraud has increased significantly. To prevent such occurrences companies are switching to fraud detection software, thus, fuelling the demand for FDP. Rising revenue losses by enterprises due to frauds has further magnified the need for preventive solutions, resulting in increased adoption of FDP solutions, thereby contributing t the marker growth. Browse Full Report with TOC: http://www.transparencymarketresearch.com/fraud-detection-prevention-market.html Rise in the enterprise data and its complexity, industry specific requirements, and increase in cost of fraud, are some of the factors acting as drivers for FDP market. Apart from these, technological advancements and regulatory changes will also drive the demand for FDP. However, high cost involvement, low level of awareness, and unavailability of pre-deployment measures are expected to hinder the growth of the FDP market. The limited capability of legacy system has also led to the enterprises switching to FDP. The technological advancements and new FDP solutions will lead to increase in demand. The upcoming new visualization tools and applications along with customer analytics and predictive analytics will further increase the demand for FDP. Growing size of enterprise data and globalization has made it difficult to analyze real time data by legacy systems. This has led the companies to adopt FDP, subsequently pushing up the demand. With high concentration of business enterprises, North America is expected to hold major share for FDP market in upcoming years, followed closely by Europe which has also shown similar trends. Asia-pacific is expected to provide highest growth rate due to globalization and new investment regulations fuelling the rise in number of small and medium scale enterprises (SME’s). India and Japan, with fast rise of SMEs and industrial sector growth, are expected to transform into lucrative markets with high growth potential. Latin America will also provide high growth rate because of increased investment opportunities. Fraud detection and prevention market is segmented as authentication and fraud analytics.
The FDP solutions have wide applications across insurance, public sector/government sector, telecommunications and, banking and financial services. There is high demand for FDP in end-use sectors, such as retail, banking and financial services, healthcare, transportation, manufacturing, and professional services, among others; with banking and financial services holding a major market share for FDP. Insurance, telecommunication and retail sector is expected to provide highest revenue contribution in upcoming years with increased adoption of FDP. Rise in online transactions, insurance claim frauds and card related frauds are increasing the use of FDP in retail, insurance and banking and financial services sectors. Some of the prominent players in this market include Visa Inc., ACI Worldwide, Inc., SAS Institute Inc., BAE Systems Detica, SAP, Bosch Software Innovations Gmbh, Oracle, Computer Sciences Corporation, Mastercard, EMC Corporation, IBM, FICO (Fair Isaac Corporation), Fiserv, Inc., and FIS Company among others. Some of the key innovators functioning in this market are ValidSoft UK Ltd., Alaric Systems Ltd., Threatmetrix, Cvidya, Lavastorm Analytics and Easy Solutions Inc., among others. Read More Reports on Technology and Media Markets: http://www.transparencymarketresearch.com/technologymarket-reports-8.html This research report analyzes this market depending on its market segments, major geographies, and current market trends. Geographies analyzed under this research report include North America Asia Pacific Europe Rest of the World This report provides comprehensive analysis of Market growth drivers
Factors limiting market growth Current market trends Market structure Market projections for upcoming years This report is a complete study of current trends in the market, industry growth drivers, and restraints. It provides market projections for the coming years. It includes analysis of recent developments in technology, Porter’s five force model analysis and detailed profiles of top industry players. The report also includes a review of micro and macro factors essential for the existing market players and new entrants along with detailed value chain analysis. Reasons for Buying this Report This report provides pin-point analysis for changing competitive dynamics It provides a forward looking perspective on different factors driving or restraining market growth It provides a six-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 in-depth analysis of market segments
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Transparency Market Research is a market intelligence company providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. We are privileged with highly experienced team of Analysts, Researchers and Consultants, who use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge. Our data repository is continuously updated and revised by a team of research experts so that it always reflects the latest trends and information. With broad research and analysis capability, Transparency Market Research employs rigorous primary and secondary research techniques in developing distinctive data sets and research material for business reports. Latest Upcoming Reports: http://www.transparencymarketresearch.com/upcoming.htm Follow In Linked In: https://www.linkedin.com/today/post/article/20140709060742-271457835-fraud-detection-andprevention-market Contact: Transparency Market Research 90 State Street, Suite 700, Albany NY - 12207 United States Tel: +1-518-618-1030 USA - Canada Toll Free 866-552-3453
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