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Fraud Detection and Prevention Market Worth $33.19 Billion by 2021 – Rise in Online Businesses, Transactions & Mobile Banking – Research and Markets | Business Wire

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DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Fraud

Detection and Prevention Market – Global Forecast to 2021”

report to their offering.

The Fraud Detection and Prevention (FDP) market size is estimated to

grow from USD 14.36 billion in 2016 to USD 33.19 billion by 2021, at an

estimated CAGR of 18.2% from 2016 to 2021. The FDP market is driven by

factors such as emergence of big data analytics, rise in online

businesses, electronic transactions, and mobile banking.

Insurance sector has witnessed huge financial losses due to forged

insurance claims. Thus, the adoption of FDP solutions is high in this

segment. Insurance claims application area is expected to grow at the

highest CAGR during the forecast period. However, electronic payment

segment is expected to have largest market size in 2016.

With the increasing organization size and business complexities, large

enterprises have started investing in FDP solutions to combat against

fraudulent activities and maintain security of their financial firms,

banking sectors, insurance sectors, and e-commerce. Large enterprises

segment is expected to grow with the largest market size in 2016.

Moreover, SMEs segment is expected to grow at the highest CAGR during

the forecast period.

APAC includes emerging economies, such as India and China, which are

rapidly deploying FDP solutions. This is mainly due to growth in

fraudulent activities in organizations, banking & financial institutes

with the growing volume of online payment transactions. APAC is expected

to grow at the highest CAGR during the forecast period. Furthermore,

North America is expected to have largest market size in 2016.

Companies Mentioned:

  • ACI Worldwide Inc.

  • BAE Systems Inc.

  • Computer Sciences Corporation (CSC)

  • Fair Isaac Corporation (FICO)

  • Fiserv Inc.

  • IBM Corporation

  • Oracle Corporation.

  • SAP SE

  • SAS Institute Inc.

  • Threatmetrix

Key Topics Covered:

1 Introduction

2 Research Methodology

3 Executive Summary

4 Premium Insights

5 Market Overview

6 Industry Trends

7 Market Analysis, By Solution

8 Market Analysis, By Service

9 Market Analysis, By Application Areas

10 Market Analysis, By End-Users

11 Market Analysis, By Vertical

12 Geographic Analysis

13 Competitive Landscape

14 Company Profiles

15 Other Developments

For more information about this report visit http://www.researchandmarkets.com/research/2fngz7/fraud_detection

Related Reports:

Related Topics: IT

Security

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