The world is going through a digital change. Internet users have expanded their activities beyond online search and social networking to include online banking and shopping. Due to COVID-19 lockout restrictions, many have stopped leaving their houses, and a large percentage of the population has begun to use internet transactions. According to the Boston Consulting Group (BCG), 70% of urban clients in countries such as India are digitally influenced to purchase any financial goods, which means they use banking apps or websites to do it. As a result of this issue, the number of fraudulent websites has increased.
Fraud Detection and Prevention Market Overview:
Maximize Market Research’s most recent research report offers an in-depth analysis of the Fraud Detection and Prevention Market. The study places significant emphasis on key competitors, dissecting their market segments, business strategies, regional expansion initiatives, production capacities, and pricing structures, coupled with a comprehensive cost analysis. This research delivers valuable insights into prominent industry leaders, market size, and market share, highlighting pivotal driving forces, prevalent obstacles, promising prospects, a comprehensive assessment of the competitive landscape, an evaluation of market attractiveness, recent product launches, technological advancements, and the factors that contribute to market expansion. These combined factors contribute to a thorough and comprehensive examination of the Fraud Detection and Prevention Market.
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Fraud Detection and Prevention Market Report Scope and Research Methodology:
The Fraud Detection and Prevention Market report provides valuable insights into the market’s applications and primary strategies, while also delving into the key drivers and inhibitors. It offers a thorough examination of market trends, volume, costs, market share, supply and demand dynamics, and product evaluations. To comprehend the Fraud Detection and Prevention market, a comprehensive analysis is conducted, involving the scrutiny of both qualitative and quantitative data collected from primary research sources, as well as from various databases, surveys, Google Forms, and similar resources, whether free or paid. These data are then subjected to analytical techniques such as SWOT and PESTLE analysis to achieve a comprehensive understanding of the market.
Fraud Detection and Prevention Market size was valued at US$ 26.77 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 13.2% through 2023 to 2029, reaching nearly US$ 63.76 Bn.
Fraud Detection and Prevention Market Regional Insights:
Within a Fraud Detection and Prevention market research study, conducting a regional analysis provides invaluable insights into the diversity of the Fraud Detection and Prevention Market across various geographical areas. This form of analysis typically entails a thorough investigation of the distinctive market dynamics, competitive landscapes, consumer behaviors, and regulatory frameworks that are specific to each individual region.
Fraud Detection and Prevention Market Segmentation:
by Solution
Fraud Analytics
Identity and Authentication
GRC
Monitoring and Reporting
by Deployment Mode
On-premise
Cloud
by Service
Professional Service
Managed Service
by Vertical
BFSI
Retail and eCommerce
Travel and Transportation
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Fraud Detection and Prevention Market Key Players:
1. ACI Worldwide Inc.
2. Arbutus Software Inc.
3. Avast Software s.r.o.
4. DXC Technology Company
5. ESET spol.s r.o.
6. Experian plc.
7. Fiserv, Inc.
8. First Data Corporation
9. Fidelity National Information Services, Inc.
10. FRISS
11. GreatHorn, Inc.
12. Guardian Analytics
13. IBM Corporation
14. LexisNexis Risk Solutions
15. SAP SE
16. SAS Institute Inc.
17. SpyCloud, Inc.
Key questions answered in Fraud Detection and Prevention Market are:
- What is the Fraud Detection and Prevention market size of the dominating region?
- What was the Fraud Detection and Prevention market size in 2022?
- What is the expected Fraud Detection and Prevention market size by 2029?
- What is the growth rate of the Fraud Detection and Prevention Market?
- Which are the factors expected to drive the Fraud Detection and Prevention market growth?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2029
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- Competitive landscape – Market Leaders, Market Followers, Regional player
- Competitive benchmarking of key players by region
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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