Updated Research Report of Fraud Detection and Prevention (FDP) System Market 2020-2025:
A new market study, titled “Fraud Detection and Prevention (FDP) System Market Upcoming Trends, Growth Drivers and Challenges” has been featured on WiseGuyReports.
According to this report, the Global Fraud Detection and Prevention market accounted for $17.52 billion in 2017 and is expected to reach $120.2 billion by 2025 growing at a CAGR of 23.9% during the forecast period. Growing demand for cloud-based security solutions, sophistication of cyber frauds and attacks and emergence of big data analytics are some key factors boosting the market growth. However, lack of skilled professionals is restricting market growth.
Any illegal act involving the obtaining of something of value through willful misrepresentation is called fraud. Fraud detection and prevention services and solutions are provided by IT companies to the various enterprises and organizations. The solution controls users are provided access by authentication and verification for fraud prevention. FDP systems analyze data from a wide range of data sources for possible inaccuracies. It analyzes patterns, anomalies and trends in the transactions. It identifies the outliers and reports the same in case of doubtful situations and transactions. FDP prevents unauthorized access from preventing fraud incidents. It also verifies user identity and maintains data integrity.
Segmentation by type: breakdown data from 2015 to 2020 in Section 2.3; and forecast to 2025 in section 10.7.
Segmentation by application: breakdown data from 2015 to 2020, in Section 2.4; and forecast to 2025 in section 10.8.
Energy and Power
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This report also splits the market by region: Breakdown data in Chapters 4, 5, 6, 7 and 8.
Middle East & Africa
The report also presents the market competition landscape and a corresponding detailed analysis of the major vendors/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in Chapter 3.
LexisNexis Risk Solutions
In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key players and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.
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Major Key Points in Table of Content
1 Scope of the Report
2 Executive Summary
3 Global Fraud Detection and Prevention (FDP) System by Company
4 Fraud Detection and Prevention (FDP) System by Regions
8 Middle East & Africa
9 Market Drivers, Challenges and Trends
10 Marketing, Distributors and Customer
11 Global Fraud Detection and Prevention (FDP) System Market Forecast
12 Key Players Analysis
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