Fraud Detection and Prevention Market to Witness an Outstanding Growth during 2014 – 2022 | IBM , Oracle , SAS Institute , Fair Isaac , SAP SE, BAE Systems, ACI Worldwide, NCR Limited, Lavastorm Analytics and ThreatMetrix

Premium Market Insights has Published New Market Research Report on – “Fraud Detection and Prevention Market – Global Industry Share, Size, Overview, Trends, Growth and Forecast by 2014 - 2022”

The global fraud detection and prevention market size was valued at $11,770 million in 2015, and is expected to reach $34,424 million by 2022, growing at a CAGR of 16.7% during the forecast period. Fraud detection and prevention solutions are solutions offered by the IT vendors to small and medium enterprises and large enterprises to defend against unwilling or uncertain incidents and help to detect or prevent future occurrences.

The current business scenario has witnessed an upsurge in the adoption of fraud detection and prevention solutions in developed as well as the developing regions. The companies adopt efficient techniques in an effort to provide customers with innovative and modernized security offerings. Introduction of big data analytics, cloud computing services and increase in mobile payment are bolstering the growth of the fraud detection and prevention market. Although continuous technological advancements prevailing in the global market are promoting market expansion, while factors such as high cost of fraud detection and prevention solution are likely to restrict the fraud detection and prevention market growth.

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Top Key players operating in the global fraud detection and prevention market are IBM , Oracle , SAS Institute , Fair Isaac , SAP SE, BAE Systems, ACI Worldwide, NCR Limited, Lavastorm Analytics and ThreatMetrix.

The global fraud detection and prevention industry is segmented based on solution type, services, deployment type, end-user and industry vertical. On the basis of solution type, the market is bifurcated into fraud analytics and authentication. Authentication segment accounted for the largest market share, accounted for around 58.2% in 2015, owing to increased demand for effective fraud detection solutions and real time operations because of the growing volume of online payment transactions. Services covered in the study include managed and professional. The services segment is classified based on professional services and managed services. Managed services are expected to exhibit the highest growth rate during the forecast period, as they integrate along with the company's intellectual property to provide end-to-end solutions tailored to meet the organization's exact requirements.

Based on deployment model, fraud detection and prevention market is segmented into cloud and on-premises. By end user, the market is divided into small & medium enterprises (SME) and large enterprises (LE). Various industries included in the fraud detect and prevention market are BFSI, retail, healthcare, real estate, manufacturing and others. BFSI industry has generated the highest revenue in 2015, accounted for around $3,057 million and is expected to maintain its lead throughout the forecast period. This growth is primarily attributed to increasing number and frequency of sophisticated attacks in the banking sector which has led to the development of analytical solutions to predict and prevent fraud before it occurs.

KEY BENEFITS

This report provides an in-depth analysis of the global fraud detection and prevention market with current trends and future estimations to elucidate the potential investment pockets.
The report provides a quantitative analysis of fraud detection and prevention market from 2014 to 2022 to enable the stake holders to capitalize on prevailing market opportunities.
The current fraud detection and prevention market trends and future forecasts aid to determine the overall market potential and single out profitable trends.
Recent developments, key players, and market shares are listed in the report to study the competitive scenario of the fraud detection and prevention market.
Porter's Five Forces model illustrates the potency of the buyers and suppliers in the fraud detection and prevention market.

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Table of Contents

CHAPTER 1 INTRODUCTION
CHAPTER 2 EXECUTIVE SUMMARY
CHAPTER 3 MARKET OVERVIEW
CHAPTER 4 GLOBAL FRAUD DETECTION AND PREVENTION MARKET, BY SOLUTION
CHAPTER 5 GLOBAL FRAUD DETECTION AND PREVENTION MARKET, BY SERVICES
CHAPTER 6 GLOBAL FRAUD DETECTION AND PREVENTION MARKET, BY DEPLOYMENT TYPE
CHAPTER 7 GLOBAL FRAUD DETECTION AND PREVENTION MARKET, BY END-USER
CHAPTER 8 GLOBAL FRAUD DETECTION AND PREVENTION MARKET, BY INDUSTRY VERTICAL
CHAPTER 9 GLOBAL FRAUD DETECTION AND PREVENTION MARKET, BY GEOGRAPHY
CHAPTER 10 COMPANY PROFILES

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