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Fraud Detection and Prevention Market to Perceive Substantial Growth by 2021

06-19-2017 03:21 PM CET | IT, New Media & Software

Press release from: Persistence Market Research

Fraud Detection and Prevention Market to Perceive Substantial

Fraud detection and prevention services are the solutions offered by IT vendors to the different enterprises. This solutions helps enterprises to prevent occurrences or spot frauds at initial stages. In other words fraud detection and prevention refer to the solutions and systems provided by the IT vendors, which are used to find patterns and anomalies and analyze the data (to spot deviation from usual path) and these solutions control user access by authentication and verification.

To View Complete Report @ : http://www.persistencemarketresearch.com/market-research/fraud-detection-and-prevention-market.asp

With growing revenue losses owing to the frauds around the globe, have led to increased adoption of these solutions. Requirement and usage of such systems is considerably high in the industries with high monetary transactions including insurance services, banking and financial, telecommunication, retail, and government or public sector. Increase in usage is observed in industries such as transportation, manufacturing, professional services, healthcare among others.

A sample of this report is available upon request @http://www.persistencemarketresearch.com/samples/7045

Low awareness of fraud possibilities in small and medium enterprises and high investment for deployments are the major factors hindering the growth of the market The pre deployment measures and cost would remain key concern in the field of restraints for this market, even though awareness level in small and medium enterprise is growing, which leads to the decreasing effect of this factor.

To view TOC of this report is available upon request @ http://www.persistencemarketresearch.com/toc/7045

Fraud detection and Prevention market is segmented by solutions into authentication, and fraud analytics. The market is segmented by type of users into large enterprises; medium and small enterprises. Furthermore, the market is segmented by industry verticals into insurance, banking and financial Services, retail, public/government, telecommunication and others verticals. In addition to the above the fraud detection and prevention market is segmented by regions into North America, Europe, Asia Pacific and rest of the world (RoW).

About Us

Persistence Market Research (PMR) is a third-platform research firm. Our research model is a unique collaboration of data analytics and market research methodology to help businesses achieve optimal performance.

To support companies in overcoming complex business challenges, we follow a multi-disciplinary approach. At PMR, we unite various data streams from multi-dimensional sources. By deploying real-time data collection, big data, and customer experience analytics, we deliver business intelligence for organizations of all sizes.

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