“Fraud Detection and Prevention (FDP)” generated Revenue of US$ 19.5 Billion Till 2018 and is forecasted to reach a market value of US$ 63.5 Billion in 2023 with a promising CAGR of 26.6% during 2018-2023

Fraud Detection and Prevention Market Investment will grow 26.6% of CAGR with market worth US $63 Billion in next five year. The report shows the Opportunities, Challenges, and Strategies for Fraud Detection and Prevention Market which helps to grow in healthcare industry.
The market study covers the Fraud Detection and Prevention Market across segments. It aims at estimating the market size and the growth potential of the market across segments:component, solutions, services, application area, organization size, deployment mode, vertical,and region.

Global Fraud Detection and Prevention (FDP) Market size is expected to grow from US$ 19.5 Billion in 2018 to US$ 63.5 Billion by 2023, at a Compound Annual Growth Rate (CAGR) of 26.6% during the forecast period.Major growth factors for the market include increasing revenue losses for organizations due to the rising fraudulent attacks, increasing use of electronic transactions across verticals, and an increasing sophistication level of cyber-attacks.

Download Free Sample Report on “Fraud Detection and Prevention Market” at http://www.rnrmarketresearch.com/contacts/request-sample?rname=140831 .

(Pages-219 Table-116 Figure-58 Profile-25)

Top Vendors in the “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)
• Simility (US)

North America is estimated to hold the largest market size and dominate the global FDP market in 2018. The major growth drivers for the FDP market in the region include increasing adoption of digital technologies,and rising penetration of smartphones, and increasing so phistiction level of attacks across verticals. A large presence of vendors offering FDP solutions and services will further contribute to the market growth in North America.

The following is the breakup of primary respondents’ profiles:
• By Company: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level – 35%, Director level – 25%, and Others – 40%
• By Region: North America – 45%, Europe – 20%, APAC – 30%, RoW – 5%

The fraud analytics segment is expected to grow at the highest CAGR in the Fraud Detection and Prevention Market during the forecast period.Fraud analytics is a critical discipline which involves set of analytical techniques to analyze enterprises’ systems and database to identify the vulnerabilities where fraud can happen. They help in monitoring and analyzing data from several data sources, detect anomalies, and suspicious and unusual behavior across all channels.

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Reason to buy this Report
The report will help the market leaders/new entrants in the FDP market with information on the closest approximations of the revenue numbers for the overall FDP market and the sub segments. It will help stakeholders understand the competitive landscape and gain more insights to better position their businesses and to plan suitable go-to-market strategies.

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