Press release
What's driving the Fraud Detection and Prevention (FDP) Market Size? Top Key Company IBM, FICO, SAS Institute, BAE Systems, DXC Technology, SAP, ACI Worldwide, Fiserv
Fraud Detection and Prevention (FDP) Market
The major factors that are expected to be driving the fraud detection and prevention (FDP) market are increasing revenue losses for organizations due to the rising fraudulent attacks, increasing use of electronic transactions across all the verticals and increasing sophistication level of cyber-attacks across all regions will contribute to the growth of the overall fraud detection and prevention (FDP) market. The objective of the report is to define, describe, and forecast the fraud detection and prevention (FDP) market size based on component (solution and service), application area, deployment type, organization size, vertical, and region.
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The increasing need to minimize fraud losses and maintain revenues from genuine transactions is propelling the growth of the fraud detection and prevention market. The advent of advanced technologies, such as big data, data analytics, predictive modeling, deep learning, cloud computing, machine language, and AI, is proliferating the market growth. The growing number of online & mobile banking services coupled with the increasing number of real-time transactions is supporting the market growth.
The fraud detection and prevention (FDP) solutions have wide applications across insurance, public sector/government sector, telecommunications and, banking and financial services. There is high demand for fraud detection and prevention (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 fraud detection and prevention (FDP). Insurance, telecommunication and retail sector is expected to provide highest revenue contribution in upcoming years with increased adoption of fraud detection and prevention (FDP). Rise in online transactions, insurance claim frauds and card related frauds are increasing the use of fraud detection and prevention (FDP) in retail, insurance and banking and financial services sectors.
Company profiled in this report based on Business overview, Financial data, Product landscape, Strategic outlook & SWOT Analysis:
1. IBM
2. FICO
3. SAS Institute
4. BAE Systems
5. DXC Technology
6. SAP
7. ACI Worldwide
8. Fiserv
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Insights about regional distribution of market:
North America is expected to hold major share for FDP market in upcoming years, owing to a high concentration of business enterprises, followed closely by Europe which has also shown similar trends. Asia-pacific is expected to exhibit highest growth rate due to globalization and new investment regulations fueling the increase in number of small and medium scale enterprises (SME's).
India and Japan, with rapid rise of SMEs and industrial sector growth, are projected to transform into lucrative markets with high growth potential. Latin America will also provide high growth rate because of improved investment opportunities.
Market Segmentation:
By Solution:
Fraud Analytics
Authentication
Governance
By Services:
Professional Services
Managed Services
By Application Area:
Identity Theft
Payment Frauds
Money Laundering
By Organization Size:
SMEs
Large Enterprises
By Region:
North America
North America, by Country
US
Canada
Mexico
North America, by Solution
North America, by Service
North America, by Applcation Area
North America, by Organization Size
Western Europe
Western Europe, by Country
Germany
UK
France
Italy
Spain
The Netherlands
Rest of Western Europe
Western Europe, by Solution
Western Europe, by Service
Western Europe, by Applcation Area
Western Europe, by Organization Size
Asia Pacific
Asia Pacific, by Country
China
India
Japan
South Korea
Australia
Indonesia
Rest of Asia Pacific
Asia Pacific, by Solution
Asia Pacific, by Service
Asia Pacific, by Applcation Area
Asia Pacific, by Organization Size
Eastern Europe
Eastern Europe, by Country
Russia
Turkey
Rest of Eastern Europe
Eastern Europe, by Solution
Eastern Europe, by Service
Eastern Europe, by Applcation Area
Eastern Europe, by Organization Size
Middle East
Middle East, by Country
UAE
Saudi Arabia
Qatar
Iran
Rest of Middle East
Middle East, by Solution
Middle East, by Services
Middle East, by Applcation Area
Middle East, by Organization Size
Rest of the World
Rest of the World, by Country
South America
Africa
Rest of the World, by Solution
Rest of the World, by Services
Rest of the World, by Applcation Area
Rest of the World, by Organization Size
Objectives of this report:
To estimate market size for fraud detection and prevention (FDP) market on regional and global basis.
To identify major segments in fraud detection and prevention (FDP) market and evaluate theirmarket shares and demand.
To provide a competitive scenario for the fraud detection and prevention (FDP) market with major developments observed by key companies in the historic years.
To evaluate key factors governing the dynamics of fraud detection and prevention (FDP) market with their potential gravity during the forecast period.
Reasons to Buy This Report:
Provides niche insights for decision about every possible segment helping in strategic decision making process.
Market size estimation of the fraud detection and prevention (FDP) market on a regional and global basis.
A unique research design for market size estimation and forecast.
Identification of major companies operating in the market with related developments
Exhaustive scope to cover all the possible segments helping every stakeholder in the fraud detection and prevention (FDP) market.
Contact:
Quince Market Insights
Ajay D. (Knowledge Partner)
Office No- A109
Pune, Maharashtra 411028
Phone: APAC +91 706 672 4848 / US +1 208 405 2835 / UK +44 121 364 6144
Email: sales@quincemarketinsights.com
Web: www.quincemarketinsights.com
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