“Fraud Detection and Prevention Market by Solution (Fraud Analytics, GRC Solution, Authentication Solution (Single-Factor, Multi-Factor/ Strong), Reporting and Visualization Tool) - Worldwide Forecasts and Analysis (2014 – 2019)” Order report by calling ReportsnReports.com at +1 888 391 5441 OR send an email on email@example.com with “Fraud Detection and Prevention Market by Solution (Fraud Analytics, GRC Solution, Authentication Solution (Single-Factor, Multi-Factor/ Strong), Reporting and Visualization Tool) - Worldwide Forecasts and Analysis (2014 – 2019)” in subject line and your contact details.
Fraud detection and prevention solutions and services are the offerings from IT vendors which helps enterprises to take counter measures to fight fraud incidents and occurrences. These solutions detect fraud incidents and prevent enterprises from losing revenue. This report Fraud detection and prevention Market solutions refer to the IT solutions, systems and services which are used to analyze the data and find anomalies and patterns (to find deterrence from usual course) and the solutions which regulate user access by verification and authentication along with the services helpful in the ecosystem.
With time the number of fraud cases are increasing but the major concern is that the losses caused by these incidents are increasing at higher growth rate. Enterprises in such circumstances are being enforced to take counter measures. Industries having transactions which (mostly monetary transactions) are prime target of fraudsters. Banking, financial sector, insurance, and public sector are among such industries and hence demand for these solutions is significantly high in these industries. Retail, telecommunications, manufacturing, transportation, real estate, healthcare and education are other industries where penetration is observed to be high.
Rise in online transactions frauds, cards related frauds and insurance claim frauds are the prime factors which are driving growth rates in banking and financial services, insurance, and retail sectors.As per the study, authentication would remain major revenue generating pocket but fraud analytics would be rising at higher growth rate.High growth rate in SMEs will drive the growth rates in regionAsia-Pacific followed by Latin America.
Major challenges in this market include low awareness level of fraud possibilities in SMEs, high costs of deployments, and unavailability of predeployment measures of performance. Though awareness level in SMEs is increasing and the impact of this factor will decrease in due course of time but the cost and pre deployment measures would remain primary concern in the market.
The report will help the market leaders/new entrants in this market in the following ways –
- This report will provide a comprehensive look in the global fraud detection and prevention market in terms of fraud analytics, authentication solutions, GRC solutions, reporting and visualization tools market and services revenues. Market numbers are further split across verticals, end-users and regions.
- The report will provide insights to the vendors about positioning of their competitors and their own and will help them to understand opportunities in other industryverticals and regions.
- The report helps them understand the pulse of the market. The report provides information on key market drivers, restraints, challenges, and opportunities.
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Table of Contents
15 Company Profiles
15.2 ACI Worldwide
15.3 Computer Science Corporation (CSC)
15.4 EMC Corporation
15.6 FIS Global
15.10 SAP Ag
15.11 SAS Institute
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