Dublin, Nov. 20, 2018 (GLOBE NEWSWIRE) -- The "Global Fraud Detection and Prevention Market 2019-2023" report has been added to ResearchAndMarkets.com's offering.
The fraud detection and prevention market will register a CAGR of over 20% by 2023.
The use of blockchain technology in fraud detection and prevention is identified as one of the key trends that will gain traction in the market for the next four years. The implementation of blockchain can prevent fraud during financial transactions that involve multiple processes and require human intervention.
Market Overview
Increase in data theft across the globe
The incidents of cyber thefts by cybercriminals and hackers is increasing at an alarming rate. FDP solutions support enterprises in verifying users as well as managing their access to enterprise resources.
High cost of the FDP solutions restricts their usage among SMBs
Firms that adopt FDP solutions must pay for the applications they use and consume. But the cost increases as these firms are also required to provide additional services like security, back up, resilience, encryption, and hosting to their end-customers.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies and the competitive environment is quite intense. Factors such as the use of blockchain technology in fraud detection and prevention and increase in data theft across the globe, will provide considerable growth opportunities to fraud detection and prevention market manufactures.
Fiserv, IBM, Oracle, SAP, and SAS Institute are some of the major companies covered in this report.
Report Summary:
According to the report, one driver influencing this market is the growing use of IoT. One trend affecting this market is the growing adoption of identity-as-a-service solutions. Further, the report states that one challenge affecting this market is the networking and connectivity issues in cloud-based FDP.
Key Topics Covered:
PART 01: EXECUTIVE SUMMARY
PART 02: SCOPE OF THE REPORT
PART 03: MARKET LANDSCAPE
- Market ecosystem
- Market characteristics
- Market segmentation analysis
PART 04: MARKET SIZING
- Market definition
- Market sizing 2018
- Market size and forecast 2018-2023
PART 05: FIVE FORCES ANALYSIS
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
PART 06: MARKET SEGMENTATION BY END-USER
- Market segmentation by end-user
- Comparison by end-user
- BFSI - Market size and forecast 2018-2023
- Telecom and IT - Market size and forecast 2018-2023
- Retail - Market size and forecast 2018-2023
- Energy and utilities - Market size and forecast 2018-2023
- Others - Market size and forecast 2018-2023
- Market opportunity by end-user
PART 07: CUSTOMER LANDSCAPE
PART 08: GEOGRAPHIC LANDSCAPE
- Geographic segmentation
- Geographic comparison
- Americas - Market size and forecast 2018-2023
- EMEA - Market size and forecast 2018-2023
- APAC - Market size and forecast 2018-2023
- Key leading countries
- Market opportunity
PART 09: DECISION FRAMEWORK
PART 10: DRIVERS AND CHALLENGES
- Market drivers
- Market challenges
PART 11: MARKET TRENDS
PART 12: VENDOR LANDSCAPE
- Overview
- Landscape disruption
PART 13: VENDOR ANALYSIS
- Vendors covered
- Vendor classification
- Market positioning of vendors
- Fiserv
- IBM
- Oracle
- SAP
- SAS Institute
PART 14: APPENDIX
For more information about this report visit https://www.researchandmarkets.com/research/9xv2j2/global_fraud?w=12
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