HTF Market Intelligence published a new research publication on “Fraud Detection Software Market Insights, to 2029″ with 232 pages and enriched with self-explained Tables and charts in presentable format. In the Study you will find new evolving Trends, Drivers, Restraints, Opportunities generated by targeting market associated stakeholders. The growth of the Fraud Detection Software market was mainly driven by the increasing R&D spending across the world.
Some of the key players profiled in the study are:
IBM (United States) , FICO (United States), SAS Institute (United States), BAE Systems (United Kingdom), DXC Technology (United States), SAP (Germany), ACI Worldwide (United States) , Fiserv (United States), NICE Systems (Israel), Experian (United States), LexisNexis Risk solutions (United States), iovation (United States), Dell Technologies (United States), Wirecard (Germany), Computer Services, Inc. (United States), Software AG (Germany), Easy Solutions (United States), Distil Networks (United States)
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According to HTF Market Intelligence, the Global Fraud Detection Software market to witness a CAGR of 16.10% during forecast period of 2023-2028. The market is segmented by Application (BFSI, Retail, Telecommunication, Government/Public Sector, Healthcare, Real Estate, Energy and Power, Manufacturing, Other) by Type (Fraud Analytics, Authentication, Governance) by Deployment (Cloud, On-premises) by Organization Size (Small & Medium Enterprises (SME’s), Large Enterprises) and by Geography (North America, South America, Europe, Asia Pacific, MEA). The Fraud Detection Software market size is estimated to increase by USD 17083.29 Million at a CAGR of 16.10% from 2023 to 2029. The report includes historic market data from 2017 to 2022E. Currently, market value is pegged at USD 11811Million
Scope of the Report of Fraud Detection Software
Fraud detection software is used to identify the high risk or illegal transactions by continuously monitoring behaviors of users to figure out risk involved in fraudulent transactions. Growing digitalization has led consumers of being highly dependent on online transactions which resulted in rise in fraudulent activities. As reported by ‘Global Fraud and Identity Report’ in 2018, over 63% businesses have suffered some kinds of frauds which resulted in loss in revenues. Fueled by heavy investment by stakeholders and advancement in fraud detection technologies, fraud detection software is expected to see unprecedented growth during foretasted year.
The titled segments and sub-section of the market are illuminated below:
Application (BFSI, Retail, Telecommunication, Government/Public Sector, Healthcare, Real Estate, Energy and Power, Manufacturing, Other) by Type (Fraud Analytics, Authentication, Governance) by Deployment (Cloud, On-premises) by Organization Size (Small & Medium Enterprises (SME’s), Large Enterprises) and by Geography (North America, South America, Europe, Asia Pacific, MEA)
Market Trends:
- Growing Use of Big Data Analytics in Fraud Detection
- Emergence of Hybrid Analytical Techniques
Market Drivers:
- Growing Cases of Fraud Activities Across Industries Resulting in Revenue Loss
- Rising Electronics Transaction Across Various System
- Potent Cyber-attackers Leading to Rise in Cases of Cyber Threat
Market Opportunities:
- Rising Artificial Intelligence and Machine Learning Activities
- Massive Investment in Cyber-security Fueled by Government Support
Region Included are: North America, Europe, Asia Pacific, Oceania, South America, Middle East & Africa
Country Level Break-Up: United States, Canada, Mexico, Brazil, Argentina, Colombia, Chile, South Africa, Nigeria, Tunisia, Morocco, Germany, United Kingdom (UK), the Netherlands, Spain, Italy, Belgium, Austria, Turkey, Russia, France, Poland, Israel, United Arab Emirates, Qatar, Saudi Arabia, China, Japan, Taiwan, South Korea, Singapore, India, Australia and New Zealand etc.
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Points Covered in Table of Content of Global Fraud Detection Software Market:
Chapter 01 – Fraud Detection Software Executive Summary
Chapter 02 – Market Overview
Chapter 03 – Key Success Factors
Chapter 04 – Global Fraud Detection Software Market – Pricing Analysis
Chapter 05 – Global Fraud Detection Software Market Background
Chapter 06 — Global Fraud Detection Software Market Segmentation
Chapter 07 – Key and Emerging Countries Analysis in Global Fraud Detection Software Market
Chapter 08 – Global Fraud Detection Software Market Structure Analysis
Chapter 09 – Global Fraud Detection Software Market Competitive Analysis
Chapter 10 – Assumptions and Acronyms
Chapter 11 – Fraud Detection Software Market Research Methodology
Read Detailed Index of full Research Study at @ https://www.htfmarketintelligence.com/report/global-fraud-detection-software-market
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