Ecommerce Fraud Prevention Market is Expected to Reach US$ 182.32 Bn by the End of 2031-Visa, Riskified, RSA Security, Ethoca (Mastercard), Signifyd, Stripe, Forter, Sift, TransUnion, SEON, Shield, Adjust (AppLovin), Kount (Equifax), PayPal, ACI Worldwide

The Global eCommerce Fraud Detection & Prevention Market size was estimated at USD 33.65 billion in 2021, USD 43.15 billion in 2022, and is projected to grow at a CAGR 22.35% to reach USD 182.28 billion by 2032

Get an Exclusive Sample of Report on the Ecommerce Fraud Prevention market is available : https://www.mraccuracyreports.com/report-sample/384957

"The Global Ecommerce Fraud Prevention Market size was estimated at a reasonable million USD in 2021 and expected to reach a healthy million USD in 2022, and is projected to grow at a steady CAGR to get a prominent million USD by 2027."

The market was studied across External Ecommerce Fraud Prevention and Internal Ecommerce Fraud Prevention based on Category. Report provides a basic overview of the industry including definitions, classifications, applications and Ecommerce Fraud Prevention industry chain structure. Top Companies in this report are: Visa, Riskified, RSA Security, Ethoca (Mastercard), Signifyd, Stripe, Forter, Sift, TransUnion, SEON, Shield, Adjust (AppLovin), Kount (Equifax), PayPal, ACI Worldwide, Razorpay, Bolt, DataDome, Subuno, NoFraud

Market Segmentation & Coverage:

This research report categorizes the eCommerce Fraud Detection & Prevention to forecast the revenues and analyze the trends in each of the following sub-markets:
Based on Fraud Type, the market was studied across Card Testing, Credit Card Fraud, Friendly Fraud, Identity Theft, Merchant Fraud, Phishing, and Refund Fraud.
Based on Industry, the market was studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality.
Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.
Segmentation

Market Statistics:
The report provides market sizing and forecast across five major currencies - USD, EUR GBP, JPY, and AUD. It helps organization leaders make better decisions when currency exchange data is readily available. In this report, the years 2018 and 2019 are considered historical years, 2020 as the base year, 2021 as the estimated year, and years from 2022 to 2025 are considered the forecast period.

Market Segmentation & Coverage:
This research report categorizes the eCommerce Fraud Detection & Prevention to forecast the revenues and analyze the trends in each of the following sub-markets:

Based on Fraud Type, the market was studied across Card Testing, Credit Card Fraud, Friendly Fraud, Identity Theft, Merchant Fraud, Phishing, and Refund Fraud.

Based on Industry, the market was studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality.

Based on Region, the market was studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, South Korea, and Thailand. The Europe, Middle East & Africa is further studied across France, Germany, Italy, Netherlands, Qatar, Russia, Saudi Arabia, South Africa, Spain, United Arab Emirates, and United Kingdom.

Ecommerce Fraud Prevention Market Segmentation by Type:

Cloud-Based, On-Premise.

Ecommerce Fraud Prevention Market Segmentation by Application:

SMES, Large Enterprise

FPNV Positioning Matrix:
The FPNV Positioning Matrix evaluates and categorizes the vendors in the eCommerce Fraud Detection & Prevention Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:
The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

Competitive Scenario:
The Competitive Scenario provides an outlook analysis of the various business growth strategies adopted by the vendors. The news covered in this section deliver valuable thoughts at the different stage while keeping up-to-date with the business and engage stakeholders in the economic debate. The competitive scenario represents press releases or news of the companies categorized into Merger & Acquisition, Agreement, Collaboration, & Partnership, New Product Launch & Enhancement, Investment & Funding, and Award, Recognition, & Expansion. All the news collected help vendor to understand the gaps in the marketplace and competitor's strength and weakness thereby, providing insights to enhance product and service.

Company Usability Profiles:
The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global eCommerce Fraud Detection & Prevention Market, including ACI Worldwide Inc., Avast Software s.r.o., Bolt Financial, Inc., CashShield, Pte. Ltd., ClearSale, DupZapper, DXC Technology Company, F Case Ltd, Fiserv, Inc., Forter, FraudLabsPro, Kount Inc., LexisNexis Risk Solutions Group, Markmonitor, Radial, Inc., Riskified, RSA Security, SEON Technologies Ltd., Shape Security, Inc., Sift, Signifyd Inc., Simility, Inc., Software AG, SPD-Group, Stripe, Subuno, and TransUnion LLC.

Access full Report Description, TOC, Table of figures, Chart, etc.: https://www.mraccuracyreports.com/reportdetails/reportview/384957

Opportunity: Increase in the use of AI and ML in banking sector to boost fraud detection and prevention market
The banking and financial services sector are early adopters of technology to prevent risks. Due to large online data transactions, financial institutions face a lot of vulnerability. According to Facebook and BCG, the adoption rate of online banking in India is expected to be doubled to 150 million by 2020 which might increase the chances of fraudulent activities. As there is increase in digital banking processes it has become more important for financial institutions to protect transactions from fraud. Today, financial institutions are focused not only on financial risk mitigation but also on fraud detection - in real-time. Fraud detection methods are evolving with the introduction of pattern recognition. The use of machine learning technologies has given major boost to artificial intelligence to defend any system as ML can protect companies from insider fraud and can also identify any anomalies in individuals who might leak data. An increase in the demand for AI and ML has led to an increase in the adoption of fraud detection and prevention solutions.

Challenge: Unavailability of skilled security professionals
One of the biggest challenges, organizations facing today is the lack of skilled professionals who could deal with the fraudulent activities. Organizations hiring security professionals lack right skills to analyze and identify advanced frauds while under a cyberattack. According to Peninsula News analysis of the Bureau of Labor Statistics data, the US will have a shortage of 500,000 or more cybersecurity talents by 2021. The National Association of Software and Service Companies (NASSCOM) have also stated that there will be a need of 1 million cybersecurity professionals by 2020. The non-profit professional association for cybersecurity (ISC) surveyed 3,237 professionals, of which 51% of cybersecurity professionals stated that their companies face extreme risks due to insufficient cybersecurity workforce.

On-premises segment to have a higher market size during the forecast period
The on-premises deployment mode is a traditional approach, wherein solutions are implemented and operated from customers' in-house servers. On-premises solutions provide organizations full control over platforms, applications, systems, and data, which can be handled and managed by their IT staff. In organizations where user credentials are critical for business operations, the adoption of on-premises deployment mode is higher as it can control the systems from the enterprise physical or owned location.

Among end user segment, banking and financials to hold the largest market size during the forecast period
The BFSI vertical faces both internal and external fraud threats, such as card skimming, SMS phishing, social engineering, viruses and Trojans, identity thefts, spyware and adware, website cloning, and cyberstalking. To avert these attacks, regulatory bodies across the world have devised several regulations for organizations to achieve optimum security for customers as well as organization data. Fraudsters and hackers are trying newer and advanced technology-based solutions to hack into or access (unauthorized) networks and systems. As a result, banking and financial service providers spend millions of dollars to keep their systems up to date with the latest security measures.

Direct Purchase this Market Research Report Now @ https://www.mraccuracyreports.com/checkout/384957

If you have any special requirements, please let us know and we will offer you the report as you want.

Call Us - UK +44 7452119323
USA +1 8045001224
Email us - sales@mraccuracyreports.com
30 Crawley Lane, West Sussex, RH10 7EG, United Kingdom
3351 Green Turtle Rd, Regina, SK S4V 3N6, Canada

MR Accuracy Reports is a Market Research and consulting company that accomplishes requirement of research agencies,small, medium and large corporations, global business leaders, government organizations,
SME's, Individual & Start-ups, top management consulting firms.

This release was published on openPR.