Fraud Detection and Prevention Market Growth Report 2021; New Innovative Strategy, Healthy 27.1% CAGR Rate, Rising Use of Digital Transactions Are the Factors Propelling the Market Growth | StraitsResearch

Fraud Detection and Prevention Industry Outlook 2021:

The growth is attributed to adoption of digital transactions across all industry vertical. Furthermore, surge in e-commerce platform is also one of the factors increasing the market growth.Asia-pacific is the fastest-growing region in the adoption of fraud detection and prevention system on account of the high smartphone penetration rate in emerging economies.

Fraud Detection and Prevention market research report has been prepared with most up-to-date insight and analysis to give maximum key benefits to the Fraud Detection and Prevention industry. Besides, this professional report also contains historic data, present and future market key trends, environment, global technological innovation, upcoming trends and technologies and the technical progress in the associated industry.

The scope of Fraud Detection and Prevention market analysis report contains industry research, customer insights, industry sizing and forecast, competitive landscape, market entry strategy, sales and pricing trends, sustainability trends, innovation trends, technology evolution, and distribution channel valuation.

The fraud detection and prevention market was valued at USD 20.1 billion in 2019 and is presumed to reach USD 64.1 billion by 2029, growing at a CAGR of 27.1% during the forecast period.

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A report was released freshly that sheds lots of light on the Fraud Detection and Prevention Industry. The report covers an summary of the industry along with a exhaustive description that offers a lot of insight. The report also studies the production as well as management technology in numerous end-user industries. An in-depth study in some new and noticeable industry key trends, analysis of the rivalry and regional analysis that is very detailed have been encompassed in the report of the Fraud Detection and Prevention market for the assessment period of 2021 – 2029.

The Top Companies in this Report Include: BM (the U.S.), FICO (the U.S.), SAS Institute (the U.S.), DXC Technology (the U.S.), SAP (Germany), ACI Worldwide (the U.S.), Fiserv (the U.S.), NICE Systems (Israel), Experian (the U.S.), LexisNexis Risk solutions (the U.S.), iovation (the U.S.), Friss (Netherlands), Dell technologies (the U.S.), First Data (the U.S.), Wirecard (Germany), Software AG (Germany), Easy Solutions (the U.S.), Distil Networks (the U.S.), Guardian Analytics (the U.S.), Securonix (the U.S.), MaxMind (the U.S.), Kount (the U.S.), and Simility (the U.S.).

Covid-19 Pandemic Impact on the Market:

1. The Covid-19 outbreak negatively affected the market. The strict guidelines of lockdown compulsory by numerous governments and ban on state and international travel to curb the spread of the virus occasioned in a sudden collapse in demand for Fraud Detection and Prevention market in 2020.
2. Moreover, the demand for business analytics is projected to upsurge post-pandemic.

Detailed Segmentation:

By Component- Solution- Fraud Analytics, Authentication, GRC Solutions, Services- Professional Services, Managed Services

By Organization Size- SMEs, Large Enterprise

By Deployment Mode- Cloud, On-Premise

By Industry Vertical- BFSI, Retail, Telecommunication, Government/Public Sector, Healthcare, Real Estate, Energy and Power, Manufacturing, Others

Finally, researchers throw light on the identify analysis of Global Fraud Detection and Prevention Market dynamics. It also measures the maintainable key trends and industry platforms which are the basic origins behind the industry growth. The degree of rivalry is also measured in the updated research report. With the benefit of SWOT and Porter’s five analysis, the market has been tremendously analysed. It also helps to address the risk and challenges in front of the industries. Furthermore, it provides widespread research on sales approaches.

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Fraud Detection and Prevention Market 2021-2029: Key Highlights

CAGR of the market during the estimate period 2021-2029
Detailed information on key factors that will assist Fraud Detection and Prevention market development during the next five years
Estimation of the Fraud Detection and Prevention market size, share and its influence to the parent market
Calculations on upcoming industry trends and changes in consumer behaviour
The evolution of the Fraud Detection and Prevention market
Analysis of the market's reasonable landscape and detailed information on key vendors
Comprehensive details of key factors that will challenge the growth of Fraud Detection and Prevention market key players

StraitsResearch offers in-depth insights into the market. It presents
the study in a comprehensible chapter-wise format, interspersed with data and
applicable infographics. The report accepts an analytical approach to help our
clients get better considerate about the market. Our expert market research
analysts in the various industry domain carries out an widespread
primary and secondary research with the benefit of digital intelligence for
enhanced decision making.

Reasons for Buying this Fraud Detection and Prevention Market Report

* The analysis of market trends provides a forward-looking viewpoint on the numerous factors that are driving or hindering market growth.

* The market report contains a five-year outlook based on how the market is predictable to grow.

* It gives you a razor-sharp view of shifting modest dynamics and keeps you one step ahead of the rivalry.

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Geographic Analysis:

The global Fraud Detection and Prevention market has been spread across North America, Europe, Asia-Pacific, the Middle East and Africa, and the Rest of the World.

Note: All the reports that we list have been tracing the impact of COVID-19. Mutually upstream and downstream of the whole supply chain has been accounted for while doing this. Also, where likely, we will offer an additional COVID-19 update report to the report in Q3, please check for with the sales team.

What Does the Fraud Detection and Prevention Market Report Provides?

The report for Fraud Detection and Prevention market qualifies an communicative and proficient glance into this market. It examines the market’s present environment in order to have a full grasp of the market’s future ambitions. It gives a inclusive assessment of the universal market sector by leading an in-depth analysis of diverse elements of the industry, including recent industry trends, current conditions, and future prospects.

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Global Fraud Detection and Prevention Market is Expected to Reach USD 64.1 billion by 2029 at a CAGR of 27.1% During Forecast Period With Top Vendors FICO, SAS Institute, DXC Technology, SAP

https://www.openpr.com/news/2413028/global-fraud-detection-and-prevention-market-is-expected

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