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Global Fraud Detection and Prevention Market 2019-2023

Global Fraud Detection and Prevention Market 2019-2023

About this market

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. Technavio’s analysts have predicted that the fraud detection and prevention market will register a CAGR of over 20% by 2023.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.

For the detailed list of factors that will drive and challenge the growth of the fraud detection and prevention market during the 2019-2023, view our report.

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.


PRESS RELEASE

Technavio Announces the Publication of its Research Report – Global Fraud Detection and Prevention Market 2019-2023

Technavio recognizes the following companies as the key players in the global fraud detection and prevention market: Fiserv, IBM, Oracle, SAP, and SAS Institute

Commenting on the report, an analyst from Technavio’s team said: “One trend affecting this market is the growing adoption of identity-as-a-service solutions.”

According to the report, one driver influencing this market is the growing use of IoT.

Further, the report states that one challenge affecting this market is the networking and connectivity issues in cloud-based FDP.

Companies Mentioned

Fiserv

IBM

Oracle

SAP

SAS Institute

  • Executive summary
  • Scope of the report
  • Market landscape
    • Market ecosystem
      • Table Global IT Security Market
      • Table Segments of global IT security market
    • Market characteristics
      • Table Market characteristics
    • Market segmentation analysis
      • Table Market segments
  • Market sizing
    • Market definition
      • Table Market definition - Inclusions and exclusions checklist
    • Market sizing 2018
      • Table Market size 2018
    • Market size and forecast 2018-2023
      • Table Global market: Size and forecast 2018-2023 ($ millions)
      • Table Global market: Year-over-year growth 2019-2023 (%)
  • Five forces analysis
    • Table Five forces analysis 2018
    • Table Five forces analysis 2023
    • Bargaining power of buyers
      • Table Bargaining power of buyers
    • Bargaining power of suppliers
      • Table Bargaining power of suppliers
    • Threat of new entrants
      • Table Threat of new entrants
    • Threat of substitutes
      • Table Threat of substitutes
    • Threat of rivalry
      • Table Threat of rivalry
    • Market condition
      • Table Market condition - Five forces 2018
  • Market segmentation by end-user
    • Table End-user - Market share 2018-2023 (%)
    • Comparison by end-user
      • Table Comparison by end-user
    • BFSI - Market size and forecast 2018-2023
      • Table BFSI - Market size and forecast 2018-2023 ($ millions)
      • Table BFSI - Year-over-year growth 2019-2023 (%)
    • Telecom and IT - Market size and forecast 2018-2023
      • Table Telecom and IT - Market size and forecast 2018-2023 ($ millions)
      • Table Telecom and IT - Year-over-year growth 2019-2023 (%)
    • Retail - Market size and forecast 2018-2023
      • Table Retail - Market size and forecast 2018-2023 ($ millions)
      • Table Retail - Year-over-year growth 2019-2023 (%)
    • Energy and utilities - Market size and forecast 2018-2023
      • Table Energy and utilities - Market size and forecast 2018-2023 ($ millions)
      • Table Energy and utilities - Year-over-year growth 2019-2023 (%)
    • Others - Market size and forecast 2018-2023
      • Table Others - Market size and forecast 2018-2023 ($ millions)
      • Table Others - Year-over-year growth 2019-2023 (%)
    • Market opportunity by end-user
      • Table Market opportunity by end-user
  • Customer landscape
    • Table Customer landscape
  • Geographic landscape
    • Geographic segmentation
      • Table Market share by geography 2018-2023 (%)
    • Geographic comparison
      • Table Geographic comparison
    • Americas - Market size and forecast 2018-2023
      • Table Americas - Market size and forecast 2018-2023 ($ millions)
      • Table Americas - Year-over-year growth 2019-2023 (%)
    • EMEA - Market size and forecast 2018-2023
      • Table EMEA - Market size and forecast 2018-2023 ($ millions)
      • Table EMEA - Year-over-year growth 2019-2023 (%)
    • APAC - Market size and forecast 2018-2023
      • Table APAC - Market size and forecast 2018-2023 ($ millions)
      • Table APAC - Year-over-year growth 2019-2023 (%)
    • Key leading countries
      • Table Key leading countries
    • Market opportunity
      • Table Market opportunity
  • Decision framework
  • Drivers and challenges
    • Market drivers
    • Market challenges
      • Table Sample list price of FDP software
      • Table Impact of drivers and challenges
  • Market Trends
  • Vendor landscape
    • Overview
      • Table Vendor landscape
    • Landscape disruption
      • Table Landscape disruption
  • Vendor analysis
    • Vendors covered
      • Table Vendors covered
    • Vendor classification
      • Table Vendor classification
    • Market positioning of vendors
      • Table Market positioning of vendors
    • Fiserv
      • Table Fiserv - Vendor overview
      • Table Fiserv - Business segments
      • Table Fiserv - Organizational developments
      • Table Fiserv - Geographic focus
      • Table Fiserv - Segment focus
      • Table Fiserv - Key offerings
    • IBM
      • Table IBM - Vendor overview
      • Table IBM - Business segments
      • Table IBM - Organizational developments
      • Table IBM - Geographic focus
      • Table IBM - Segment focus
      • Table IBM - Key offerings
    • Oracle
      • Table Oracle - Vendor overview
      • Table Oracle - Business segments
      • Table Oracle - Organizational developments
      • Table Oracle - Geographic focus
      • Table Oracle - Segment focus
      • Table Oracle - Key offerings
    • SAP
      • Table SAP - Vendor overview
      • Table SAP - Business segments
      • Table SAP - Organizational developments
      • Table SAP - Geographic focus
      • Table SAP - Segment focus
      • Table SAP - Key offerings
    • SAS Institute
      • Table SAS Institute - Vendor overview
      • Table SAS Institute - Product segments
      • Table SAS Institute - Organizational developments
      • Table SAS Institute - Geographic focus
      • Table SAS Institute - Key offerings
  • Appendix
    • Research methodology
    • List of abbreviations
  • Explore Technavio

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