Edison, NJ -- (SBWIRE) -- 09/23/2020 -- Latest Report Available at Advance Market Analytics, "Fraud Detection Software Market" provides pin-point analysis for changing competitive dynamics and a forward looking perspective on different factors driving or restraining industry growth.
The global Fraud Detection Software market focuses on encompassing major statistical evidence for the Fraud Detection Software industry as it offers our readers a value addition on guiding them in encountering the obstacles surrounding the market. A comprehensive addition of several factors such as global distribution, manufacturers, market size, and market factors that affect the global contributions are reported in the study. In addition the Fraud Detection Software study also shifts its attention with an in-depth competitive landscape, defined growth opportunities, market share coupled with product type and applications, key companies responsible for the production, and utilized strategies are also marked.
Key players in the global Fraud Detection Software market
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) and Distil Networks (United States)
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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 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 Trend
- Growing Use of Big Data Analytics in Fraud Detection
- Emergence of Hybrid Analytical Techniques
Restraints
- Dearth of Skilled Professional to Counter Fraud Activities
- Complexity Involved in Integration of Various Systems
Opportunities
- Rising Artificial Intelligence and Machine Learning Activities
- Massive Investment in Cyber-security Fueled by Government Support
Challenges
- Nipping Fraud Activities in the Bud
- High Cost Involved in Implementation of Fraud Detection Software
The Fraud Detection Software industry report further exhibits a pattern of analyzing previous data sources gathered from reliable sources and sets a precedent growth trajectory for the Fraud Detection Software market. The report also focuses on a comprehensive market revenue streams along with growth patterns, Local reforms, COVID Impact analysis with focused approach on market trends, and the overall growth of the market.
Moreover, the Fraud Detection Software report describes the market division based on various parameters and attributes that are based on geographical distribution, product types, applications, etc. The market segmentation clarifies further regional distribution for the Fraud Detection Software market, business trends, potential revenue sources, and upcoming market opportunities.
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The Global Fraud Detection Software Market segments and Market Data Break Down are illuminated below:
by Deployment Type (Cloud, On-premises), Industry Verticals (BFSI, Retail, Telecommunication, Government/Public Sector, Healthcare, Real Estate, Energy and Power, Manufacturing, Others (Travel and Transportation, Media and Entertainment, and Life Sciences)), Organization Sizes (SMEs, Large Enterprises), Solution (Fraud Analytics {Predictive Analytics, Descriptive Analytics, Social Media Analytics & Big Data Analytics}, Authentication { Single-Factor Authentication (SFA), Multi-Factor Authentication (MFA) &Risk-Based Authentication (RBA)}, Governance)
The Fraud Detection Software market study further highlights the segmentation of the Fraud Detection Software industry on a global distribution. The report focuses on regions of LATAM, North America, Europe, Asia, and the Rest of the World in terms of developing market trends, preferred marketing channels, investment feasibility, long term investments, and business environmental analysis. The Fraud Detection Software report also calls attention to investigate product capacity, product price, profit streams, supply to demand ratio, production and market growth rate, and a projected growth forecast.
In addition, the Fraud Detection Software market study also covers several factors such as market status, key market trends, growth forecast, and growth opportunities. Furthermore, we analyze the challenges faced by the Fraud Detection Software market in terms of global and regional basis. The study also encompasses a number of opportunities and emerging trends which are considered by considering their impact on the global scale in acquiring a majority of the market share.
The study encompasses a variety of analytical resources such as SWOT analysis and Porters Five Forces analysis coupled with primary and secondary research methodologies. It covers all the bases surrounding the Fraud Detection Software industry as it explores the competitive nature of the market complete with a regional analysis.
Brief about Fraud Detection Software Market Report with TOC @ https://www.advancemarketanalytics.com/reports/85728-global-fraud-detection-software-market
Some Point of Table of Content:
Chapter One: Report Overview
Chapter Two: Global Market Growth Trends
Chapter Three: Value Chain of Fraud Detection Software Market
Chapter Four: Players Profiles
Chapter Five: Global Fraud Detection Software Market Analysis by Regions
Chapter Six: North America Fraud Detection Software Market Analysis by Countries
Chapter Seven: Europe Fraud Detection Software Market Analysis by Countries
Chapter Eight: Asia-Pacific Fraud Detection Software Market Analysis by Countries
Chapter Nine: Middle East and Africa Fraud Detection Software Market Analysis by Countries
Chapter Ten: South America Fraud Detection Software Market Analysis by Countries
Chapter Eleven: Global Fraud Detection Software Market Segment by Types
Chapter Twelve: Global Fraud Detection Software Market Segment by Applications
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