Global Fraud Detection and Prevention Market (2021 to 2026) – Industry Trends, Share, Size, Growth, Opportunity and Forecast – ResearchAndMarkets.com

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DUBLIN–(BUSINESS WIRE)–The “Fraud Detection and Prevention Market: Global Industry Trends, Share, Size, Growth, Opportunities and Forecast 2021-2026” report has been added to from ResearchAndMarkets.com offer.

The global fraud detection and prevention market has shown strong growth during the period 2015-2020. Looking ahead, the publisher expects the global fraud detection and prevention market to grow at a CAGR of around 18% during the forecast period (2021-2026).

Companies cited

  • ACI Worldwide Inc.

  • BAE systems

  • Cybersource Corporation (Visa Inc.)

  • DXC Technology Company

  • Experian plc

  • Fiserv Inc.

  • Global Payments Inc.

  • International Commercial Machinery Society

  • Oracle Corporation

  • SAP SE

  • SAS Institute Inc.

  • Software AG

  • Total System Services Inc.

Fraud detection and prevention refers to an automated solution used to identify and prevent fraudulent activity. It uses statistical data analysis techniques and artificial intelligence (AI) to reduce the economic and reputational impact of scams. It is now integrated with state-of-the-art technology to minimize detection time and process transactions faster. As a result, organizations around the world are adopting fraud detection and prevention solutions to process massive amounts of data and increase operational efficiency.

With the global expansion of business activities, a significant increase in the use of digital data, and the growing risk of cybersecurity threats, organizations face many challenges to manually monitor fraudulent activity in real time. This represents one of the main factors positively influencing the use of fraud detection and prevention solutions worldwide. These solutions enable organizations to predict conventional fraud tactics, cross-reference data through automation, continuously monitor transactions, and decipher sophisticated schemes.

Additionally, the growing use of online banking services is driving the adoption of fraud detection and prevention solutions in the banking, financial services and insurance (BFSI) industry. These solutions help banks combat fraudulent activity, including money laundering, bank check forgery, and terrorist financing. Additionally, government agencies around the world combine siled data to detect tax evasion, predict intrusions, identify abnormal behavior, gather intelligence for law enforcement, and enhance border security. Additionally, the growing popularity of e-commerce websites is increasing the risk of identity theft, which is expected to boost the market.

Answers to key questions in this report:

  • How has the global fraud detection and prevention market behaved so far and how will it behave in the coming years?

  • What has been the impact of COVID-19 on the global fraud detection and prevention market?

  • What are the main regional markets?

  • What is the market breakdown by component?

  • What is the market breakdown by application?

  • What is the market breakdown by organization size?

  • What is the market breakdown by vertical?

  • What are the different stages of the industry value chain?

  • What are the key drivers and challenges in the industry?

  • What is the structure of the global fraud detection and prevention market and who are the key players?

  • How competitive is the industry?

Main topics covered:

1 Preface

2 Scope and methodology

3 Executive summary

4 Presentation

4.1 Overview

4.2 Key Industry Trends

5 Global fraud detection and prevention market

5.1 Market Overview

5.2 Market Performance

5.3 Impact of COVID-19

5.4 Market Forecast

6 Market Breakdown by Component

7 Market Breakdown by Application

8 Market Breakdown by Organization Size

9 Market Breakdown by Vertical

10 Market Breakdown by Region

11 SWOT Analysis

12 Value chain analysis

13 Analysis of the five forces of carriers

14 Price Analysis

15 Competitive landscape

15.1 Market structure

15.2 Key Players

15.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/s0huk7

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