Market Research Report
Global Fraud Detection and Prevention Market Size study, by Component, by Application Area, by Deployment Mode, by Organization Size and by Vertical and Regional Forecasts 2018-2025
|Published by||Bizwit Research & Consulting LLP||Product code||787085|
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|Global Fraud Detection and Prevention Market Size study, by Component, by Application Area, by Deployment Mode, by Organization Size and by Vertical and Regional Forecasts 2018-2025|
|Published: February 7, 2019||Content info:||
Global Fraud Detection and Prevention Market Size study, by Component (Solution and Services), by Application Area (Identity Theft, Payment Fraud, Money Laundering and Others), by Deployment Mode (Cloud and On-Premises), by Organization Size (Small and Medium-Sized Enterprises and Large Enterprises) and by Vertical (Banking, Financial Services, and Insurance, Retail, Telecommunication, Government/Public Sector, Healthcare, Real Estate, Energy and Power and Manufacturing )and Regional Forecasts 2018-2025..
Global Fraud Detection and Prevention Market to reach USD 99.5 billion by 2025.
Global Fraud Detection and Prevention Market is valued at approximately USD 19.2 billion in 2017 and is anticipated to grow with a healthy growth rate of more than 26.5% over the forecast period 2018-2025. Increasing frauds and its related loss is expected to fuel the market growth. According to report of National Audit Office (NAO) United Kingdom, around 1.9 million cyber related fraud incidents was found in 2016 in United Kingdom that results into loss of around $11.35 billion. Thus, increasing fraud cases and its cost is expected to fuel the fraud detection and prevention market over the forecast period.
The report on global fraud detection and prevention market includes component, application area, deployment mode, organization size and vertical segments. Component segment is divided into solution and services, application area is further sub-segmented into identity theft, payment fraud, money laundering and others, deployment mode comprised cloud and on-premises, organization size is further segmented into small and medium-sized enterprises and large enterprises and by vertical includes banking, financial services, and insurance, retail, telecommunication, government/public sector, healthcare, real estate, energy and power and manufacturing. Predictive analytics segment is the dominating segment owing to rising demand to identify potential threats, payment frauds and credit/debit card frauds.
The regional analysis of global fraud detection and prevention market is considered for the key regions such as Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading market region for global fraud detection and prevention market in terms of market revenue share. Factors such as increasing loss due to fraudulent activities in organization and the emergence of several FDP solution providers are promoting the growth of the market.
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
Furthermore, years considered for the study are as follows:
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