DUBLIN--(BUSINESS WIRE)--The "Global Fraud Detection and Prevention Market - Technologies, Market share and Industry Forecast to 2024" report has been added to ResearchAndMarkets.com's offering.
The publisher's analysis estimates Fraud Detection and Prevention market to grow at a CAGR of 20.25% from 2017 to 2024.
Fraud detection and prevention services provides analytical solutions that enables a company/organization to detect and prevent frauds in undefined future. With the increase in size of organization, the amount of data also increases and analysis becomes a daunting task, which increases the risk of fraudulent activities. Various occupational frauds experienced by organizations include internal financial threats, information theft, physical asset thefts and supplier or procurement frauds. Fraud detection and prevention solutions restricts unauthorized access by verifying identity and data integrity and thus provides prevention from fraudulent activities.
Increasing fraudulent activities in various industries across the globe, increasing online transactions, adoption of IP-based services and emergence of big data platforms are the major drivers of fraud detection and prevention market. However, lack of integration capabilities of the system is restraining the growth of the market.
The authentication solutions is the dominating segment by solution owing to the shift towards multi-factor authentication from single-factor authentication, which makes users account much harder for attackers to compromise. Multi-factor authentication aids enterprises sustain the authenticity of a transaction or information by restricting the unauthorised access to information or identifying false inputs from the user.
- DXC Technology
- Experian Information Solutions Inc.
- Fair Issac Corporation
Nice Systems Ltd.
- Webroot Inc.
Key Topics Covered:
4.Global Fraud Detection And Prevention Market By Solution
5.Global Fraud Detection And Prevention Market By Service
6.Global Fraud Detection And Prevention Market By Application Area
7.Global Fraud Detection And Prevention Market By Deployment Mode
8.Global Fraud Detection And Prevention Market By Organization Size
9.Global Fraud Detection And Prevention Market By Vertical
For more information about this report visit https://www.researchandmarkets.com/research/pwwqxh/global_fraud?w=4