Fraud Detection & Prevention Market Research Report by Solution, Service, Organization Size, Deployment, Application Area, Vertical, Region - Cumulative Impact of COVID-19, Russia Ukraine Conflict, High Inflation

Description

List of Tables

The Global Fraud Detection & Prevention Market size was estimated at USD 33.31 billion in 2022 and expected to reach USD 38.90 billion in 2023, projecting growth at a CAGR of 16.91% to reach USD 116.28 billion by 2030.

Cumulative Impact of COVID-19:

COVID-19 is an unprecedented global public health emergency that affected almost every industry, and the long-term impacts are projected to reflect on the growth of various end-use industries during the forecast period. This ongoing research amplifies the research framework to ensure the inclusion of underlying COVID-19 issues and potential paths forward. The report delivers insights on COVID-19, considering the changes in consumer behavior and demand, purchasing patterns, re-routing of the supply chain, dynamics of current market forces, and the significant interventions of governments. The dedicated section in the report uncovers a detailed analysis of the impact of COVID-19 and its subsequent variant outbreaks on demand, supply, price, and vendor uptake and provides recommendations for sustainable outcomes. The updated study provides insights, analysis, estimations, and forecasts, considering the COVID-19 impact on the Global Fraud Detection & Prevention Market.

Cumulative Impact of Russia-Ukraine Conflict:

We continuously monitor and update reports considering unceasing political and economic uncertainty due to the Russia-Ukraine Conflict. Negative impacts are globally foreseen, especially across Eastern Europe, European Union, Eastern & Central Asia, and the United States. This contention has severely affected people's lives and livelihoods and represents far-reaching disruptions in trade dynamics. The potential effects of ongoing war and uncertainty in Eastern Europe are expected to have an adverse impact on Ukraine and reverberate harsh long-term effects on Russia. The report uncovers the implications for demand-supply balances, pressure on pricing variants, impact on import/export and trading, and short-term recommendations to the Global Fraud Detection & Prevention Market considering the current update on the conflict and its global responses.

Cumulative Impact of High Inflation:

The high inflation in developed economies globally has resulted in an overall price surge over the past two years. The cumulatively eroding overall purchasing power is expected to impact developing economies significantly and is considered helpful in numerous ways. The report uncovers the effect of high inflation on the long-term performance of the global economy and provides details on fiscal policies measuring and reducing its short-term impacts on demand/supply, cash flow, and currency exchange. The Global Fraud Detection & Prevention Market report delivers the high inflation expectation considering the related impact from cost-push and demand-pull inflation.

Market Statistics:

The report provides market sizing and forecasts across 7 major currencies - USD, EUR, JPY, GBP, AUD, CAD, and CHF; multiple currency support helps organization leaders to make better decisions. In this report, the years 2018 and 2021 are considered as historical years, 2022 as the base year, 2023 as the estimated year, and years from 2024 to 2030 are considered as the forecast period.

Market Segmentation & Coverage:

The report on the Global Fraud Detection & Prevention Market identifies key attributes about the customer to define the potential market and identify different needs across the industry. Understanding the potential customer group's economies and geographies can help gain business acumen for better strategic decision-making. Our market coverage across different industry verticals reveals the hidden truth about the players' strategies in different verticals and helps the organization decide target audience. This report gives you the composite view of sub-markets coupled with comprehensive industry coverage and provides you with the right way of accounting factors such as norms & regulations, culture, to make right coverage strategy for your market plan. This research report categorizes the Global Fraud Detection & Prevention Market in order to forecast the revenues and analyze the trends in each of the following sub-markets.

Based on Solution, the market is studied across Authentication, Fraud Analytics, and Governance, Risk & Compliance. The Authentication is further studied across Multi-Factor Authentication, Risk-Based Authentication, and Single-Factor Authentication. The Fraud Analytics is further studied across Big Data Analytics, Descriptive Analytics, Predictive Analytics, and Social Media Analytics.

Based on Service, the market is studied across Managed Services and Professional Services. The Professional Services is further studied across Consulting Services, Support & Maintenance, and Training & Education.

Based on Organization Size, the market is studied across Large Enterprises and Small & Medium-Sized Enterprises.

Based on Deployment, the market is studied across On-Cloud and On-Premises.

Based on Application Area, the market is studied across Credit & Debit Card Fraud, Electronic Payment Fraud, Identity Theft, Mobile Payment Fraud, and Money Laundering.

Based on Vertical, the market is studied across Banking, Financial Services & Insurance, Energy & Power, Government & Public Sector, Healthcare, Manufacturing, Real Estate, Retail, and Telecommunication.

Based on Region, the market is 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, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes vendors in the Global 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) and placed into four quadrants (F: Forefront, P: Pathfinder, N: Niche, and V: Vital). The Global Fraud Detection & Prevention Market FPNV Positioning Matrix representation/visualization further 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, providing the idea of revenue generation into the overall market compared to other vendors in the space. This provides insights on vendors performance in terms of revenue generation and customer base compared to others. The Global Fraud Detection & Prevention Market Share Analysis offers an idea of the size and competitiveness of the vendors for the base year. The outcome 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 strategies for business growth adopted by the vendors. The news in this section covers valuable insights at various stages while keeping up with the business and engaging stakeholders in the economic debate. The Global Fraud Detection & Prevention Market 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 helps vendors understand the gaps in the marketplace and competitor's strengths and weaknesses, providing insights to enhance products and services.

Company Usability Profiles:

The report profoundly explores the recent significant developments by the leading vendors and innovation profiles in the Global Fraud Detection & Prevention Market, including ACI Worldwide, Inc., BAE Systems, Dell Inc., Equifax, Inc., Experian plc, Fair Isaac Corporation, Fidelity National Information Services, Inc., Fiserv, Inc., FRISS Fraudebestrijding B.V., International Business Machines Corporation, iovation Inc., Lexisnexis Risk Solutions, Nice Systems Inc, Oracle Corporation, SAP SE, SAS Institute, Inc., Software AG, and Total System Services, Inc..

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Market Trends: Provides comprehensive understanding of the Cumulative Impact of COVID-19, the Russia-Ukraine Conflict, and the High Inflation

5. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

6. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Fraud Detection & Prevention Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Fraud Detection & Prevention Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Fraud Detection & Prevention Market?

4. What is the competitive strategic window for opportunities in the Global Fraud Detection & Prevention Market?

5. What are the technology trends and regulatory frameworks in the Global Fraud Detection & Prevention Market?

6. What is the market share of the leading vendors in the Global Fraud Detection & Prevention Market?

7. What modes and strategic moves are considered suitable for entering the Global Fraud Detection & Prevention Market?

Product Code: MRR-436E657CE99A

1. Preface

1.1. Objectives of the Study
1.2. Market Segmentation & Coverage
1.3. Years Considered for the Study
1.4. Currency & Pricing
1.5. Language
1.6. Limitations
1.7. Assumptions
1.8. Stakeholders

2. Research Methodology

2.1. Define: Research Objective
2.2. Determine: Research Design
2.3. Prepare: Research Instrument
2.4. Collect: Data Source
2.5. Analyze: Data Interpretation
2.6. Formulate: Data Verification
2.7. Publish: Research Report
2.8. Repeat: Report Update

3. Executive Summary

4. Market Overview

5. Market Insights

5.1. Market Dynamics
- 5.1.1. Drivers
  - 5.1.1.1. Increasing revenue losses due to frauds
  - 5.1.1.2. Increase in the frequency and sophistication of cyber frauds and attacks
  - 5.1.1.3. Growing number of electronic transactions
- 5.1.2. Restraints
  - 5.1.2.1. Unavailability of skilled security professionals to deal with fraudulent activities
  - 5.1.2.2. Lack of integration capabilities
- 5.1.3. Opportunities
  - 5.1.3.1. Rising use of digital technologies and digital banking for payments
  - 5.1.3.2. Applying AI and machine learning for FDP
- 5.1.4. Challenges
  - 5.1.4.1. Increasing difficulty in detecting fraudulent activities at an early stage
  - 5.1.4.2. Huge cost associated with deploying FDP solutions
5.2. Cumulative Impact of COVID-19
5.3. Cumulative Impact of Russia-Ukraine Conflict
5.4. Cumulative Impact of High Inflation
5.5. Porter's Five Forces Analysis
- 5.5.1. Threat of New Entrants
- 5.5.2. Threat of Substitutes
- 5.5.3. Threat of Substitutes
- 5.5.4. Threat of Substitutes
- 5.5.5. Industry Rivalry
5.6. Value Chain & Critical Path Analysis
5.7. Regulatory Framework
5.8. Client Customization

6. Fraud Detection & Prevention Market, by Solution

6.1. Introduction
6.2. Authentication
- 6.3.1. Multi-Factor Authentication
- 6.3.2. Risk-Based Authentication
- 6.3.3. Single-Factor Authentication
6.3. Fraud Analytics
- 6.4.1. Big Data Analytics
- 6.4.2. Descriptive Analytics
- 6.4.3. Predictive Analytics
- 6.4.4. Social Media Analytics
6.4. Governance, Risk & Compliance

7. Fraud Detection & Prevention Market, by Service

7.1. Introduction
7.2. Managed Services
7.3. Professional Services
- 7.4.1. Consulting Services
- 7.4.2. Support & Maintenance
- 7.4.3. Training & Education

8. Fraud Detection & Prevention Market, by Organization Size

8.1. Introduction
8.2. Large Enterprises
8.3. Small & Medium-Sized Enterprises

9. Fraud Detection & Prevention Market, by Deployment

9.1. Introduction
9.2. On-Cloud
9.3. On-Premises

10. Fraud Detection & Prevention Market, by Application Area

10.1. Introduction
10.2. Credit & Debit Card Fraud
10.3. Electronic Payment Fraud
10.4. Identity Theft
10.5. Mobile Payment Fraud
10.6. Money Laundering

11. Fraud Detection & Prevention Market, by Vertical

11.1. Introduction
11.2. Banking, Financial Services & Insurance
11.3. Energy & Power
11.4. Government & Public Sector
11.5. Healthcare
11.6. Manufacturing
11.7. Real Estate
11.8. Retail
11.9. Telecommunication

12. Americas Fraud Detection & Prevention Market

12.1. Introduction
12.2. Argentina
12.3. Brazil
12.4. Canada
12.5. Mexico
12.6. United States

13. Asia-Pacific Fraud Detection & Prevention Market

13.1. Introduction
13.2. Australia
13.3. China
13.4. India
13.5. Indonesia
13.6. Japan
13.7. Malaysia
13.8. Philippines
13.9. Singapore
13.10. South Korea
13.11. Taiwan
13.12. Thailand
13.13. Vietnam

14. Europe, Middle East & Africa Fraud Detection & Prevention Market

14.1. Introduction
14.2. Denmark
14.3. Egypt
14.4. Finland
14.5. France
14.6. Germany
14.7. Israel
14.8. Italy
14.9. Netherlands
14.10. Nigeria
14.11. Norway
14.12. Poland
14.13. Qatar
14.14. Russia
14.15. Saudi Arabia
14.16. South Africa
14.17. Spain
14.18. Sweden
14.19. Switzerland
14.20. Turkey
14.21. United Arab Emirates
14.22. United Kingdom

15. Competitive Landscape

15.1. FPNV Positioning Matrix
- 15.1.1. Quadrants
- 15.1.2. Business Strategy
- 15.1.3. Product Satisfaction
15.2. Market Ranking Analysis, By Key Player
15.3. Market Share Analysis, By Key Player
15.4. Product Portfolio Analysis, By Key Player
15.5. Competitive Scenario
- 15.5.1. Merger & Acquisition
- 15.5.2. Agreement, Collaboration, & Partnership
- 15.5.3. New Product Launch & Enhancement
- 15.5.4. Investment & Funding
- 15.5.5. Award, Recognition, & Expansion

16. Company Usability Profiles

16.1. ACI Worldwide, Inc.
16.2. BAE Systems
16.3. Dell Inc.
16.4. Equifax, Inc.
16.5. Experian plc
16.6. Fair Isaac Corporation
16.7. Fidelity National Information Services, Inc.
16.8. Fiserv, Inc.
16.9. FRISS Fraudebestrijding B.V.
16.10. International Business Machines Corporation
16.11. iovation Inc.
16.12. Lexisnexis Risk Solutions
16.13. Nice Systems Inc
16.14. Oracle Corporation
16.15. SAP SE
16.16. SAS Institute, Inc.
16.17. Software AG
16.18. Total System Services, Inc.

17. Appendix

17.1. Discussion Guide
17.2. License & Pricing