Press release
Fraud Detection and Prevention 2021 Global Market Key Players - IBM Corporation, Uplexis, Experian Information Solutions, Inc., Tata Communications, Clearsale LLC - Analysis And Forecast To 2028
Fraud Detection and Prevention Market 2021-2028
New study report " Fraud Detection and Prevention Market 2021 Global Market Opportunities, Challenges, Strategies, and Forecasts 2028" has been added to Fortune Business Insights.
Market Overview:
The global fraud detection and prevention market size is set to gain traction due to increased investments by the key players to provide secure online services to its users against fraud. Fortune Business Insights™ gives this information in a published report titled, “Fraud Detection and Prevention Market, 2021-2028.” As per the report, the market size was USD 23.05 billion in 2020 and is projected to reach USD 141.75 billion by 2028, exhibiting a substantial CAGR of 26.7 % during the forecast period.
COVID-19 Pandemic: Increased Online Services to Promote the Market:
The outbreak of the COVID-19 pandemic has crippled the global economy. Still, to avoid personal interactions, there is a dramatic rise in online users on various platforms such as net banking, online insurances, and many other e-commerce platforms. The rising number of users offers fraudsters an opportunity to develop fraud cases to extract insurance claims from hospitals and governments. So, to keep a check on such fraud activities, demand for fraud detection and prevention solutions across several online platforms will increase, which will positively promote the market.
Top Key Players in this market are:
IBM Corporation (New York, United States)
Uplexis (São Paulo, Brazil)
Experian Information Solutions, Inc. (São Paulo, Brazil’s)
Tata Communications (Maharashtra, India)
Clearsale LLC (Florida, United States)
Gemalto - Thales Group (Paris, France)
Amdocs (Missouri, United States)
Incognia (California, United States)
ACI Worldwide, Inc. (Florida, United States)
BAE Systems (Farnborough, United Kingdom)
DXC Technology Company (Virginia, United States)
Dell, Inc. (Texas, United States)
Fair Isaac Corporation (California, United States)
Request Sample Copy @ https://www.fortunebusinessinsights.com/enquiry/sample/fraud-detection-and-prevention-market-100231
Competitive Landscape-
Key Players Focus on Collaborations to Intensify Competition
The global key players in the market for fraud detection and prevention currently focus on collaborating and launching innovative applications to fuel the market growth. For example, IBM’s Safer Payments fraud prevention system was selected by Qatar International Islamic Bank (QIIB) to improve their security on online banking channels by providing them with an analysis of online fraud patterns, its alert, and upcoming threats. IBM also mentioned that its Safer Payments solution allows banks to intercept fraudulent activities even before they happen.
Segmentation-
By the component, the market is separated into solutions and services. Based on deployment, the market is classified into cloud and on-premise. By enterprise size, the market is segmented into large enterprises and small & medium enterprises (SMEs). On the basis of the application area, the market is classified into insurance claims, money laundering, electronic payment, and others. By vertical, the market is segmented into BFSI, retail & consumer packaged goods, IT & telecom, government, energy & utilities, travel & transportation, construction & real estate, manufacturing, healthcare & life sciences, media & entertainment, and others.
Out of these, healthcare & life sciences are anticipated to hold the major market share. IT & telecom segment held a market share of about 14.4% in 2020 and is expected to experience considerable growth due to the increasing adoption of advanced fraud detection tools by the companies worldwide.
Finally, based on the region, the market is classified into North America, Latin America, Asia-Pacific, Europe, and the Middle East and Africa.
Regional Insights-
Asia Pacific to Command Backed by Increased Online Frauds
North America is expected to hold the largest global fraud detection and prevention market share during the forecast period. In 2020, the region stood at USD 8.62 billion. According to a report by Unmask Digital Frauds Today- 2018, Card-Not-Present (CNP) fraud losses were twice that of fraud loss in 2015, owing to the deployment of EMV chips by users for payments and transactions in the U.S. To stop this, several FDP providers developed software to prevent this online forgery, thus fueling the FDPs market.
Asia Pacific is expected to rise substantially in upcoming years due to several frauds and detection services manufacturers in the region, such as China, Japan, India, and South Korea. These countries are increasing their investment to adopt fraud prevention solutions due to the rising fraud cases to prevent. Companies and organizations are adopting advanced security solutions, which will subsequently favor the growth of the market in this region.
Request for Customization @ https://www.fortunebusinessinsights.com/enquiry/customization/fraud-detection-and-prevention-market-100231
What Does the Report Offer?
The market report provides a detailed analysis of several factors such as the key drivers and restraints that will impact growth. Additionally, the report provides insights into the regional analysis that covers different regions, contributing to the growth of the market. It includes the competitive landscape that involves the leading companies and the adoption of strategies to introduce new products, announce partnerships, and collaboration to contribute to the market growth.
Table Of Content:
Introduction
Key Takeaways
Market Dynamics
Competition Landscape
Global Fraud Detection and Prevention Key Players Market Share Insights and Analysis, 2020
Key Market Insights and Strategic Recommendations
Companies Profiled (Covered for key 10 players only)
Annexure / Appendix
Continue….
Inquire Before Buying @ https://www.fortunebusinessinsights.com/enquiry/queries/fraud-detection-and-prevention-market-100231
Contact Us:
US :+1 424 253 0390
UK : +44 2071 939123
APAC : +91 744 740 1245
Email: sales@fortunebusinessinsights.com
You can also contact us/follow us on:
https://www.facebook.com/FortuneBusinessInsightsPvtLtd
https://twitter.com/FBInsightPvtLtd?s=20
https://www.linkedin.com/company/fortune-business-insights/
Fortune Business Insights™ Pvt. Ltd.
308, Supreme Headquarters,
Survey No. 36, Baner,
Pune-Bangalore Highway,
Pune - 411045, Maharashtra, India.
About Us:
Fortune Business Insights offers expert corporate analysis and accurate data, helping organizations of all sizes make timely decisions. We tailor innovative solutions for our clients, assisting them address challenges distinct to their businesses. Our goal is to empower our clients with holistic market intelligence, giving a granular overview of the market they are operating in. Our reports contain a unique mix of tangible insights and qualitative analysis to help companies achieve sustainable growth. Our team of experienced analysts and consultants use industry-leading research tools and techniques to compile comprehensive market studies, interspersed with relevant data.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Fraud Detection and Prevention 2021 Global Market Key Players - IBM Corporation, Uplexis, Experian Information Solutions, Inc., Tata Communications, Clearsale LLC - Analysis And Forecast To 2028 here
News-ID: 2468117 • Views: …
More Releases from Fortune Business Insights
Reverse Flame Steam Boiler Market 2023 Dynamics, Major Players, SWOT Analysis, a …
Overview of the Global Reverse Flame Steam Boiler Market 2030:
The report discusses everything a marketer requires before investing in the global Reverse Flame Steam Boiler Market during the forecast period 2023-2030. Reverse Flame Steam Boiler Market Size, Share And Global Trend By Capacity (Up to 100kW, 100-1000 kW, Above 1000 kW), By End-Use (Food Industry, Chemical Industry, Refineries, Metal Industry, Power Plant), And Geography Forecast Till 2022-2029. It provides detailed…
Syngas and Derivatives Market Research Analysis, Size, Share, Growth Highlights …
Overview of the Global Syngas and Derivatives Market 2030:
The report discusses everything a marketer requires before investing in the global Syngas and Derivatives Market during the forecast period 2023-2030. Syngas and Derivatives Market Size, Share and Global Trend By Feedstock(Coal, Petroleum, Natural Gas, Biomass), By Technology(Partial Oxidation, Steam Reforming, Auto-Thermal Reforming, and others), By End User(Chemicals, Power Generation, Liquid Fuels, Gaseous Fuels), and Geography Forecast till 2022-2029. It provides detailed…
Port equipment Market Will Experience An Upswing In Demand, Driven By Top Player …
The Port equipment Market Research Report provides an in-depth analysis of the market landscape and identifies future growth opportunities and trends until 2030. By offering valuable insights, the report enables companies to make informed decisions on business strategies and identify potential areas for growth. With a comprehensive assessment of the market, it equips businesses with the necessary tools to stay ahead of the competition.
With this Port equipment Market research report,…
Modular Chillers Market to reach USD 6.13 billion by 2026, at a CARG of 6.2% | L …
The Modular Chillers Market Report 2023 by Fortune Business Insights provides a comprehensive overview of the market's latest trends, size, regulations, key players, and strategies. The report offers valuable insights into the market's sales and revenue, product type, applications, regions, and leading players. Modular Chillers Market report also covers key players and competitor analysis, providing a comprehensive understanding of the industry's commercial landscape. The report is useful for gaining insights…
More Releases for Fraud
Fraud Increased by 3% in 2021 - Says Shufti Pro's Global ID Fraud Report
AI-powered digital identity verification solution provider, Shufti Pro, revealed new data in its Global ID Fraud Report 2021 which shows insights from ample research of 11 months of verification. The report highlights the changing fraudulent activities and advanced manipulation techniques that the company faced in 2021. Experts from Shufti Pro have also made fraud predictions that will threaten the corporate sector in 2022.
The ceaseless increase in ID and…
IPTEGO Launching PALLADION Fraud Detection and Prevention for a Real-Time Protec …
IPTEGO presents PALLADION Fraud Detection & Prevention, an innovative protection for CSPs and their customers against toll fraud.
Berlin, Germany, February 08, 2012 -- IPTEGO presents PALLADION Fraud Detection & Prevention, an innovative protection for CSPs and their customers against toll fraud.
With PALLADION Fraud Detection & Prevention, IPTEGO provides an answer to a growing demand for more network security when it comes to toll fraud. Today’s Communication Service Providers (CSPs) are…
Online Fraud Prevention – Sentropi
Are security nightmares causing you sleepless nights? Are you worried about how secure your I.T infrastructure is? Sentropi aims to address these ever present security concerns with its uniquely different identification and tracking solution. Sentropi's innovative technology allows you to identify your users with pinpoint accuracy and lets you track fraudsters on any platform, any browser, any time and any where! Hunt down fraudsters by tracking down their computers rather…
Business and Investment Fraud Overseas
Business and investment fraud overseas seems to be a growing problem for American businesspeople.
Atlanta, GA, August 31, 2011 - Business and investment fraud overseas seems to be a growing problem for American businesspeople. In addition to all of the scams originating abroad that target American businesses--such as accounts payable and accounts receivable scams--there are many accounts of Americans being ripped off after they do business in foreign countries.
For example many…
Fight Private Placement Program Fraud - PPP Fraud!
Stand up to private placement program fraud!
To set an undertone for the following summary; logic begets logic. No trading platforms nor programs, whether public or private have the freedom of complete exclusion from regulatory oversight, licensing, and governance.
Our firm has significant interest in a few platforms, as principals. There are indeed private financial offerings which have historically delivered very significant performance using "Institutional Leverage, Traders, Risk Management, Clearing & Execution"…
Securities Fraud Law Firm Zwerling, Schachter & Zwerling Representing Madoff Fra …
Attorney Robert S. Schachter says Bank Medici and Bank Austria Implicated in Madoff Fallout
NEW YORK – An international probe by the law firm Zwerling, Schachter & Zwerling is focusing on whether major Austrian banks used financial funds in Europe to fraudulently funnel billions into Bernard L. Madoff’s bogus investment enterprises, resulting in billions in losses for European parties.
The New York-based law firm already is working with nearly a dozen individuals,…
