The use of blockchain technology in fraud detection and bar is known together of the key trends that may gain traction within the marketplace for consecutive four years. The implementation of blockchain will forestall fraud throughout money transactions that involve multiple processes and need human intervention. Analysts have foreseen that the fraud detection and bar market will register a CAGR of over 20% by 2023.
Market summary
Increase in knowledge larceny across the world
The incidents of cyber thefts by cybercriminals And hackers is increasing at an ominous rate. FDP solutions support enterprises in edificatory users in addition as managing their access to enterprise resources.
High price of the FDP solutions restricts their usage among SMBs
Firms that adopt FDP solutions should pay money for the applications they use and consume. however, the price will increase as these corporations also are needed to produce further services like security, back up, resilience, encryption, and hosting to their end-customers.
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For the elaborated list of things that may drive and challenge the expansion of the fraud detection and bar market throughout the 2019-2023, read our report.
Competitive Landscape
The market seems to be fragmented and with the presence of many firms and therefore the competitive surroundings is kind of intense. Factors like the utilization of blockchain technology in fraud detection and brand increase in knowledge larceny across the world, can give hefty growth opportunities to fraud detection and bar market manufactures. Fiserv, IBM, Oracle, SAP, and SAS Institute area unit a number of the foremost firms lined during this report.
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Detailed TOC of Global Fraud Detection and Prevention Market 2019-2023
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
• Research methodology
• List of abbreviations
PART 15: EXPLORE TECHNAVIO
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Website: https://www.marketreportsworld.com/global-fraud-detection-and-prevention-market-2019-2023-12593777
Release ID: 447062