Fraud Detection and Prevention Market by Fraud Analytics, Authentication Analysis 2018 adds report Fraud Detection and Prevention Market [ by Fraud Analytics (Predictive, Customer, Social Media, Visual), by Authentication (Single-Factor, Multifactor, Strong) ] - Global Advancements, Worldwide Forecasts & Analysis (2013 – 2018) to its store. Fraud detection and prevention solutions are the offerings from IT vendors to the enterprises which helps enterprises to detect frauds or prevent occurrences of frauds at early stages. In this report fraud detection and prevention solutions refer to the IT solutions and systems 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.

With rising revenue losses because of the frauds across the globe adoption of fraud detection and prevention solutions in enterprises is also increasing. Requirement of such solutions is significantly high in industries which involve monetary transactions such as banking and financial services, insurance, retail, telecommunication, and public or government sector. Increase in adoption can be observed in other industries as well such as manufacturing, transportation, healthcare, professional services among others. In 2013, banking and financial services sector accounts for the largest share in fraud detection and prevention market. In 2018, it is estimated to be the largest revenue generating industry vertical but the insurance, retail, and telecommunication sector would be rising at higher Y-o-Y growth rates.

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 region Asia-Pacific followed by Latin America.

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Major challenges in this market include low awareness level of fraud possibilities in SMEs, high costs of deployments, and unavailability of pre deployment 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.

For the market sizing and forecasting, several assumptions have been taken into consideration such as economic, regulatory, and technological. For instance, exchange rates, one of the economic factors, are expected to have a moderate rating of impact on this market. Therefore, dollar fluctuations are expected to not seriously affect the forecasts in the emerging APAC regions.

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 and authentication solutions market revenues. Market numbers are further split across verticals 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 industry verticals and regions.
  • The report helps them understand the pulse of the market. The report provides information on key market drivers, restraints, challenges, and opportunities.

List Of Tables

Table 1 Fraud Detection and Prevention Market Size, 2013-2018 ($Billion, Y-O-Y %)
Table 2 FDP Market Size, By Solutions, 2013-2018 ($Billion)
Table 3 FDP Market Growth, By Solutions, 2013-2018 (Y-O-Y %)
Table 4 Fraud Analytics Market Size, 2013-2018 ($Million)
Table 5 Fraud Analytics Market Growth, 2013-2018 (Y-O-Y %)
Table 6 Predictive Analytics Market Growth, 2013-2018 ($Million, Y-O-Y %)
Table 7 Customer Analytics Market Size and Market Growth, 2013-2018 ($Million, Y-O-Y %)
Table 8 Social Media Analytics Market Size and Market Growth, 2013-2018 ($Million, Y-O-Y %)
Table 9 Visual Analytics and Tools Market Size and Market Growth, 2013-2018 ($Million, Y-O-Y %)
Table 10 Others Market Size and Market Growth, 2013-2018 ($Million, Y-O-Y %) And More.

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List Of Figures

Figure 1 Research Methodology
Figure 2 Data Triangulation
Figure 3 FDP Market Size, 2013-2018 ($Billion)
Figure 4 FDP Market Growth, 2013-2018 (Y-O-Y %)
Figure 5 Market Uptake and Disruption - Fraud Analytics & Authentication
Figure 6 Chasm
Figure 7 Market Segmentation
Figure 8 Time Impact Analysis of Dros
Figure 9 Value Chain
Figure 10 Fraud Analytics Market Growth, 2013-2018 (Y-O-Y %)
Figure 11 Authentication Market Growth, 2013-2018 (Y-O-Y %)
Figure 12 FDP Market Growth, By Regions, 2013-2018 (Y-O-Y %)
Figure 13 Parfait Chart
Figure 14 ECO System
Figure 15 Portfolio Comparison
Figure 16 Opportunity Plot

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