Press release
E-Commerce Fraud Detection Solutions Market Size, Share, Statistics, Demand And Revenue, Forecast 2027
The Global E-Commerce Fraud Detection Solutions Market covers latest information regarding the development rate, market estimates, drivers, limitations, future based demand, and revenue during the forecast period. The E-Commerce Fraud Detection Solutions Market involves of data accumulated from frequent primary and secondary sources. This information has been verified and authorized by the industry analysts, thus providing significant insights to the researchers, analysts, managers, and other industry professionals. This document further helps in thoughtful market trends, applications, specifications, and market challenges.global E-Commerce Fraud Detection Solutions market size is expected to grow from USD 22.8 billion in 2022 to USD 53.4 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 18.5% during the forecast period.
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The Top Leading Players in the market include:
Authenteq, Idology, Illumio, Stripe Radar, Signifyd, Sift (Sift Science), Trulioo, Datavisor, NoFraud, Plus Technologies & Innovations, PayFone, BAE Systems, Brighterion (Mastercard), Featurespace, RSA, Feedzai, FraudLabs, Shape Security (F5), PayPal Order Filters, Cybersource (Visa), Accertify (Amex), Ethoca (Mastercard), ID Analytics, FICO, Riskified, Radial, CA Risk Analytics Network, Experian, Simility (PayPal), LexisNexis, Gemalto, Mitek, Nice Actimize, ACI ReD Shield, Distilled Identity, Cyxtera (Easy Solutions), Jumio, ThreatMetrix (LexisNexis Risk Solutions), Forter, Ravelin, NuData (Mastercard), Guardian Analytics, Socure, BioCatch, Demisto, Bolt, SAS, InAuth (Amex), Kount, OnFido, NeuStar, Nuance, Verifi (Visa), Bottomline Technologies
Recent Development
In July 2020, NICE Actimize enhanced SURVEIL-X, a holistic trade surveillance solution. The company enhanced SURVEIL-X with self-service analytics for custom risk detection. SURVEIL-X Studio enables Financial Services Organizations (FSOs) to rapidly create, test, and deploy custom analytics risk detection models to close regulatory and operational risk gaps
In April 2019, NICE Actimize introduced CDD-X to modernize KYC/CDD programs with advanced analytics and the power of AI. The robust combination of AI technology with NICE Actimize’s expertise in KYC/CDD reduces customer review time by up to 70 %and increases the accuracy of high-risk customer management
E-Commerce Fraud Detection Solutions Market segmentation:
Market segment by Type:
Fraud Analytics
Authentication
GRC
Market segment by Application:
BFSI
Retail and eCommerce
Travel and Transportation
Market Overview:
The post-COVID 19 global E-Commerce Fraud Detection Solutions market size is expected to grow from USD 22.8 billion in 2022 to USD 53.4 billion by 2027, at a Compound Annual Growth Rate (CAGR) of 18.5% during the forecast period. The major factors that are expected to drive the growth of the FDP market include the Adoption of digitalization and IoT increased the adoption rate of fraud detection and prevention system and increase in revenue loss due to fraud. Various opportunities in FDP market are Increase in use of AI and ML in banking sector to boost fraud detection and prevention market and Increasing demand for fraud detection and prevention solutions in SMEs. Various challenges in FDP market are Unavailability of skilled security professionals and Lack of awareness related to digital frauds in SMEs.
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North America to hold the largest market size during the forecast period
North America is expected to be the largest contributor in terms of the market size in the E-Commerce Fraud Detection Solutions market. It is one of the most affected regions in the world by money laundering and terrorist financing crime activities; as a result, it has the highest number of FDP providers. Banks, governments, and financial institutes in this region face ever-increasing challenges related to frauds compelling them to implement advanced technological approaches for managing fraud protection.
Global E-Commerce Fraud Detection Solutions Market: Regional Segmentation
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa).
Research Methodology of E-Commerce Fraud Detection Solutions Market:
The report has been merged using three research methodologies. The first step centers around comprehensive primary and secondary research, which includes an extensive collection of information on the Global E-Commerce Fraud Detection Solutions Market and the parent and peer market. The next step involves validating the market size, estimations, findings, and expectations with further accurate information from industry experts. The report obtains a complete estimation of the market size with the help of bottom-up and top-down methods. Finally, the report obtains the market estimation of all the segments and sub-segments using data triangulation and market breakup procedures.
Influence of the E-Commerce Fraud Detection Solutions market report:
– Comprehensive valuation of all opportunities and risk in the market.
– E-Commerce Fraud Detection Solutions market recent inventions and major events.
– Detailed study of business strategies for growth of the market-leading players.
– Conclusive study about the growth plot of Infrared Imaging global E-Commerce Fraud Detection Solutions market for forthcoming years.
– In-depth understanding of market-particular drivers, constraints, and major micro markets.
– Favourable imprint inside vital technological and market latest trends striking the global market.
Key questions answered in the report:
How will the E-Commerce Fraud Detection Solutions market change in the next five years?
Which are the five top players in the market?
What are the drivers and restraints of the market?
Which product and application will take a lion’s share of the global market?
Which regional market will show the highest growth?
What will be the CAGR and size of the E-Commerce Fraud Detection Solutions market throughout the forecast period?
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Following are major TOC of E-Commerce Fraud Detection Solutions Market:
Chapter 1: E-Commerce Fraud Detection Solutions Market Overview
Chapter 2: Global Economic Impact on Industry
Chapter 3: Global E-Commerce Fraud Detection Solutions Market Competition by Manufacturers
Chapter 4: Global Production, Revenue (Value) by Region
Chapter 5: Global Supply (Production), Export, Import, Consumption, by Regions
Chapter 6: Global Production, Price Trend by Type, Revenue (Value)
Chapter 7: Manufacturing Cost Analysis
Chapter 8: Global Market Analysis by Application
Chapter 9: Sourcing Strategy, Industrial Chain and Downstream Buyers
Chapter 10: Marketing Strategy Analysis, Distributors/Traders
Chapter 11: Market Effect Factors Analysis
Chapter 12: Global E-Commerce Fraud Detection Solutions Market Forecast
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