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New Strategic Report of Fraud Detection and Prevention Market 2022: North America Holds the Highest CAGR and is Presumed to Grow During the Estimated Period Says StraitsResearch

02-14-2022 02:39 PM CET | IT, New Media & Software

Press release from: StraitsResearch

Fraud Detection and Prevention Market

Fraud Detection and Prevention Market

Fraud Detection and Prevention Market Share 2022:

The global fraud detection and prevention market was valued USD 20.1 billion in 2019 and is presumed to reach USD 64.1 billion by 2029, growing at a CAGR 27.1%. The growth is attributed to adoption of digital transactions across all industry vertical.

The purpose of this section's research is to study the "Fraud Detection and Prevention Market" during the course of the estimated period using several confirmed parameters based on Porter's Five Force Model. As a result, a thorough inspection of the market helps in recognizing and emphasizing the market's crucial strengths and weaknesses as it developments. Also, the report was created using a combination of primary and secondary research, containing interviews, surveys, and observations from knowledgeable analysts.

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.

The report contains profiling of key vendors of virtually every noteworthy company in the Fraud Detection and Prevention Market. The Company Profiling section offers treasured analysis of strengths and weaknesses, industry developments, recent developments, mergers and acquisitions, future expansion plans, global footprint, global market presence, and product portfolios of key market players. This information can be used by key vendors and other market participants to maximize cost effectiveness and update business strategies. Our competitive analysis also comprises key information that helps new entrants identify fences to market entry and gauge the level of competitiveness of the Fraud Detection and Prevention market.

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.

Get Exclusive Sample of Report on Fraud Detection and Prevention Market is Available Here @ https://straitsresearch.com/report/fraud-detection-and-prevention-market/request-sample

𝗖𝗼𝘃𝗶𝗱-𝟭𝟵 𝗦𝗰𝗲𝗻𝗮𝗿𝗶𝗼 𝗔𝗻𝗮𝗹𝘆𝘀𝗶𝘀:

1) The COVID-19 impact on the Fraud Detection and Prevention market is impulsive and is anticipated to endure in force till the fourth quarter of 2022.

2) The COVID-19 outbreak enforced governments across the globe to implement strict lockdowns and banned import-export of nonessential items for most of 2021. This controlled to sudden fall in the obtainability of important raw materials.

3) Moreover, countrywide lockdowns forced manufacturing services to partially or completely shut their operations.

4) Contrary impacts of the COVID-19 pandemic have resulted in postponements in activities and initiatives about growth of reliable and innovative drone analytics systems worldwide.

The Report Lists the Main Companies in the Fraud Detection and Prevention Market:

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.).

Key Questions Answered in the Report:

What are the opportunities & challenges for new competitors?
Who are the prominent key players present in the global market?
Which segment would offer the most chance for market growth?
Where will the current growths take the industry in the long term?

Detailed Market 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

Do You Have Any Query Or Specific Requirement? Ask to Our Industry Expert @ https://straitsresearch.com/buy-now/fraud-detection-and-prevention-market/global/

The competitive analysis of the main market companies studied in the Fraud Detection and Prevention Market report, contributions businesses take better moves for cultivating their product and sales. The report covers the details about industry analysis, market definition, market segmentation, key growth areas, competitive examination and research methodology. This Fraud Detection and Prevention market report delivers the company profiles, in deep product specifications, capacity, production value, and market shares of every company for the estimated period of 2022-2030. All statistical and numerical information given in the Fraud Detection and Prevention Market report is represented with the help of graphs and charts which facilitates the considerate of facts and figures.

What are the Goals of the Report?

This market report shows the predictable market size for the Fraud Detection and Prevention Market at the end of the estimated period. The report also examines the historical and current market sizes and share also.
On the basis of numerous indicators, the charts present the year-over-year growth (%) and impressive healthy compound annual growth rate (CAGR) for the given estimated period.
The report contains an in deep overview of the market, its geographical scope, its segmentation, and the financial performance of key vendors.
The report studies the current state of the industry and the potential growth opportunities in various worldwide regions like North America, Asia Pacific, Europe, Latin America, and the Middle East, and Africa.
The research report includes several key factors underwriting to the market’s growth.
The report analyses the industry growth rate, market size and share, and market valuation for the estimated period.

Click Here to Access the Full Report @ https://straitsresearch.com/report/fraud-detection-and-prevention-market

Browse More Updated Relevant Reports at:

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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StraitsResearch.com is a leading market research and market intelligence organization, specializing in research, analytics, and advisory services along with providing business insights & market research reports.

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