The latest research study released by HTF MI “Global Fraud Detection Software Market” with 120+ pages of analysis on business Strategy taken up by key and emerging industry players and delivers know-how of the current market development, landscape, technologies, drivers, opportunities, market viewpoint, and status. Understanding the segments helps in identifying the importance of different factors that aid market growth.
Key Players in This Report Include:
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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Definition:
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.
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
Major Highlights of the Fraud Detection Software Market report released by HTF MI:
According to HTF Market Intelligence, the Global Fraud Detection Software market to witness a CAGR of 16.1% during forecast period of 2024-2030. 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).
Global Fraud Detection Software market report highlights information regarding the current and future industry trends, growth patterns, as well as it offers business strategies to help the stakeholders in making sound decisions that may help to ensure the profit trajectory over the forecast years. Early buyers will receive 10% customization on comprehensive study.
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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:
- The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)
- North America (United States, Mexico & Canada)
- South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)
- Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)
- Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).
Objectives of the Report:
- -To carefully analyze and forecast the size of the Fraud Detection Software market by value and volume.
- -To estimate the market shares of major segments of the Fraud Detection Software
- -To showcase the development of the Fraud Detection Software market in different parts of the world.
- -To analyze and study micro-markets in terms of their contributions to the Fraud Detection Software market, their prospects, and individual growth trends.
- -To offer precise and useful details about factors affecting the growth of the Fraud Detection Software
- -To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Fraud Detection Software market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
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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
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