In a recently published report, Fraud Detection and Prevention Market report for till 2030. The report further now discusses; the various strategies to be adopted or being adopted by the business players across the globe at various levels in the value chain. In view of the global economic slowdown, we further estimated that China, India, Japan and South Korea to recover fastest amongst all the countries in the Asian market. Germany, France, Italy, Spain to take the worst hit and this hit is expected to regain 25% by the end of 2021- Positive Growth in the economic demand and supply.
U S Market recovers fast; In a release on May 4th 2021, the U.S. Bureau and Economic Analysis and U.S. Census Bureau mention the recovery in the U.S. International trade in March 2021. Exports in the country reached $200 billion, up by $12.4 billion in Feb 2021. Following the continuous incremental trend, imports tallied at $274.5 billion, picked up by $16.4 billion in Feb 2021. However, as COVID19 still haunts the economies across the globe, year-over-year (y-o-y) average exports in the U.S. declined by $7.0 billion from March 2020 till March 2021 whilst imports increased by $20.7 billion during the same time. This definitely shows how the market is trying to recover back and this will have a direct impact on the Healthcare/ICT/Chemical industries, creating a huge demand for Fraud Detection and Prevention Market products.
Request To Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10076453
Moreover, increase in ICT spending around the globe for hardware, software, services, new technologies and telecom among others is also anticipated to contribute to the growth of the market in the coming years. The spending on new technologies recorded around USD 0.6 million in 2018 and is further estimated to reach close to USD 1.3 million by 2023. The total ICT spending around the globe further recorded close to USD 5 million in 2019 and is further.
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.
Request To Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10076453
In the statistics by Eurostat, the total value of the ICT sector including manufacturing and services of ICT in Europe, was estimated to be more than EUR 475 billion in the year 2017. Out of these, the ICT services sector accounted for the largest share. Moreover, the ICT services sector is predicted to be ten times larger than that of ICT manufacturing. On the other hand, the ICT services consist of computer programming, consultancy and related activities, along with telecommunication activities, out of which the former held about 49.1% share while the latter held around 30.3% share in the year 2017. These factors are estimated to impact positively towards the growth of the market in the next few years. According to the statistics by GSMA Intelligence, total cellular connections worldwide as of May 2020 was recorded to 10,18 billion.
As per the Eurostat, the total value of the ICT sector in Europe, including the ICT manufacturing and ICT services, was estimated to be more than EUR 475 billion in 2017. In this sector, the ICT services account for the major share as it is predicted to be ten times larger than the share held by ICT manufacturing. ICT services consist of computer programming, consultancy and related activities which held about 49.1% share while the telecommunications activities held around 30.3% share in the segment in 2017. These factors are estimated to impact the market growth in a positive manner in the next few years.
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.
Request To Download Sample of This Strategic Report: https://www.kennethresearch.com/sample-request-10076453Fraud Detection and Prevention Market
The leading market players mainly include-
*Fico
*IBM
*Fiserv
*FIS Global
*ACI Worldwide
*Bae Systems
*Experian
*Lexisnexis Risk Solutions
*Iovation
*Friss
*Nice
*DXC Technology
*Dell Technologies
*SAS Institute
*SAP
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:
By Component:
Solutions
Fraud Analytics
Authentication
Governance, Risk, and Compliance
Others
Services
Professional Services
Managed Services
By Application Area:
Identity Theft
Payment Fraud
Money Laundering
Others
By Deployment Mode:
Cloud
On-Premises
By Organization Size:
Small and Medium-Sized Enterprises
Large Enterprises
By Vertical:
Banking, Financial Services, and Insurance
Retail
Telecommunication
Government/Public Sector
Healthcare
Real Estate
Energy and Power
Manufacturing
By Regions:
North America
U.S.
Canada
Europe
UK
Germany
Asia Pacific
China
India
Japan
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2015, 2016
Base year – 2017
Forecast period – 2018 to 2025
Target Audience of the Global Automotive Seats Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
TABLE OF CONTENTS
Chapter 1. Market Definition and Scope
1.1. Research Objective
1.2. Market Definition
1.3. Scope of The Study
1.4. Years Considered for The Study
1.5. Currency Conversion Rates
1.6. Report Limitation
Chapter 2. Research Methodology
2.1. Research Process
2.1.1. Data Mining
2.1.2. Analysis
2.1.3. Market Estimation
2.1.4. Validation
2.1.5. Publishing
2.2. Research Assumption
Chapter 3. Executive Summary
3.1. Global & Segmental Market Estimates & Forecasts, 2015-2025 (USD Billion)
3.2. Key Trends
Chapter 4. Global Fraud Detection and Prevention Market Dynamics
4.1. Growth Prospects
4.1.1. Drivers
4.1.2. Restraints
4.1.3. Opportunities
4.2. Industry Analysis
4.2.1. Porter’s 5 Force Model
4.2.2. PEST Analysis
4.2.3. Value Chain Analysis
4.3. Analyst Recommendation & Conclusion
Chapter 5. Global Fraud Detection and Prevention Market, By Component
5.1. Market Snapshot
5.2. Market Performance – Potential Model
5.3. Global Fraud Detection and Prevention Market, Sub Segment Analysis
5.3.1. Solutions
5.3.1.1. Market estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.2. Regional breakdown estimates & forecasts, 2015-2025 (USD Billion)
5.3.1.3. Market sub-segmentation
5.3.1.3.1. Fraud Analytics
5.3.1.3.2. Authentication
5.3.1.3.3. Governance, Risk, and Compliance
5.3.1.3.4. Others
5.3.2. Services
About Kenneth Research
Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation
Contact Us
Name:David
Email:sales@kennethresearch.com
Phone: +1 313 462 0609
Tape Storage Market
Telecom Consulting Market
Telecom Power Systems Market
Telecommunication Market
Telematics Market
