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.
ACI Worldwide Inc.
BAE Systems Inc.
Computer Sciences Corporation (CSC)
Fair Isaac Corporation (FICO)
SAS Institute Inc.
Key Topics Covered:
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
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