Fraud Detection and Prevention Market Global Scenario Market Size, Outlook, Trend and Forecast, 2016 – 2025
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Fraud Detection and Prevention Market ď ľ
Fraud detection & prevention is a system used to provide analytical solutions for against fraud incidents and help to identify or prevent future occurrences. Fraud detection & prevention services helps establish a strong defense against breach of law, thus helping in the prevention and improvement of fraud-related activities. Recently, growing penetration of internet enabled services, and rising online transactions has escalated the fraudulent activities. They range from employees misapplication of identity card to largescale scams, involving high-value contracts, thus leading to serious business allegations such as loss of reputation & principles.
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Fraud Detection and Prevention Market
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Fraud Detection and Prevention Market ď ľ
The growth of the global fraud detection and prevention market is mainly driven by factors such as rising fraudulent activities across various industries, increase in mobile and web banking applications, and increased loss of reputation and revenue for organizations. However, lack of integration capabilities and high initial cost of these solutions is the major hindrance for the market growth. Moreover, introduction of big data analytics and cloud computing, and introduction of AI and machine learning technologies for detecting frauds are expected to present potential growth opportunities over the forecast timeframe.
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Fraud Detection and Prevention Market
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Top Key Players
Oracle Corporation
IBM Corporation
BAE Systems
Lavastorm
Fair Isaac Corporation
ACI Worldwide, Inc.
NCR Limited
ThreatMetrix
SAP SE, SAS Institute Inc., among others
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The key takeaways from the report
The report will provide detailed analysis of Global Fraud Detection and Prevention Market with respect to major segments such as solution, service, deployment, organization size, application, industry vertical, and geography
The report will include the qualitative and quantitative analysis with market estimation over 2016 – 2025 and compound annual growth rate (CAGR) between 2017 and 2025
Comprehensive analysis of market dynamics including factors and opportunities will be provided in the report
An exhaustive regional analysis of Global Fraud Detection and Prevention Market has been included in the report
Profile of the key players in the Global Fraud Detection and Prevention Market will be provided, which include key financials, product & services, new developments and business strategies
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Scope of Global Fraud Detection and Prevention Market Solution Segments
Fraud Analytics
Predictive Analytics
Social Media Analytics
Customer Analytics
Behavioral Analytics
Bigdata Analytics
Authentication
Single-Factor Authentication
Multifactor Authentication
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Scope of Global Fraud Detection and Prevention Market Service Segments
Managed Services
Professional Services
Deployment Segments
On-Premises
Cloud
Organization Size Segments
Small & Medium Enterprise (SMEs)
Large enterprise
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Scope of Global Fraud Detection and Prevention Market Application
Insurance Claims
Electronic Payment
Money Laundering
Mobile Payment
Other Applications (Banking Transactions and Fund Transfers)
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Scope of Global Fraud Detection and Prevention Market Industry Vertical Segments
BFSI
Telecommunication
Retail
Government/Public Sector
Healthcare
Energy & Power
Manufacturing
Other (Media & Entertainment, Travel & Transportation, and Life Sciences)
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Scope of Global Fraud Detection and Prevention Market Geographical Segments
North America
U.S.
Canada
Mexico
Europe
UK
Germany
France
Italy
Rest of Europe
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Scope of Global Fraud Detection and Prevention Market Geographical Segments
Asia-Pacific
India
China
Japan
South Korea
Rest of Asia-Pacific
RoW
South America
Middle East
Africa
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