According to the Regional Research Reports, the Global Fraud Detection Software Market size was valued at million USD in 2021 and will reach multi-million USD by 2030, at a CAGR of 20.5% from 2022 to 2030.
Fraud detection software, or on-line fraud detection software, is used to realize illegitimate and high-risk on-line activities. These equipment always monitor person conduct and calculate hazard figures to perceive potentially fraudulent purchases, transactions, or access. Fraud detection tools are used with the aid of the IT and compliance departments of organizations and digital banking companies to screen plausible fraudulent moves made by using their users. Companies undertake these equipment to forestall cyberattacks, fraudulent transactions, and identity theft whilst defending touchy information about the enterprise and its customers.
Using laptop getting to know and real-time behavior analytics, fraud detection equipment can operate real-time threat classification primarily based on device and IP recognition and other factors. There is some overlap between fraud detection solutions and e-commerce fraud protection software. But these equipment are greater geared toward enforcing rules and examining purchasing behavior, as a substitute than monitoring, detecting, and alerting incidents of fraud as they happen.
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Global Fraud Detection Software Market Segmentation
Regional Research Reports has segmented the global fraud detection software market based on type, and application at a regional and global level. Geographically, the research report has considered the five regions, namely, North America, Europe, Asia Pacific, South America, and the Middle East & Africa. Moreover, the research study focuses on the market analysis of the tier-1 countries, such as the USA, China, Germany, India, the UK, Japan, France, Italy, Spain, Russia, South Korea, and other territories.
Global Fraud Detection Software Market Analysis, by Type
- Cloud-Based
- On-Premises
Global Fraud Detection Software Market Analysis, by Application
- Large Enterprises
- Medium-Sized Enterprise
- Small Enterprises
Global Fraud Detection Software Market Growth, by Region and Country, 2018-2021, 2022-2030 (US$ Millions)
Global Fraud Detection Software Market Analysis, by Region and Country
- North America (US, Canada, Mexico)
- Europe (Germany, UK, France, Italy, Spain, Russia, Switzerland, Poland, Belgium, the Netherlands, Norway, Sweden, Czech Republic, Slovakia, Slovenia, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Indonesia, Thailand, Malaysia, Vietnam, Singapore, Australia & New Zealand, Rest of Asia Pacific)
- South America (Brazil, Argentina, Peru, Colombia, Rest of South America)
- The Middle East & Africa (UAE, Saudi Arabia, South Africa, Egypt, Qatar, Northern Africa, Rest of MEA)
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Global Fraud Detection Software Market Competitive: Key Players
The report includes a detailed analysis of leading market players, such as:
- Key companies Fraud Detection Software revenues in global market, 2018-2021 (Estimated), (US$ Millions)
- Key companies Fraud Detection Software revenues market share in global market, 2021 (%)
- Key companies Fraud Detection Software sold in the global market, 2018-2021 (Estimated)
Leading Fraud Detection Software Manufacturers –
- Kaspersky
- Forter
- TransUnion
- Emailage
- XTN Lab
- Fraud Shield
- Accertify
- ShieldSquare
- Signifyd
- BehavioSec
- IBM
- Easy Solutions
(Note: The list of the key market players can be updated with the latest market scenario and trends)
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Fraud Detection Software Market Report Covers Comprehensive Analysis On:
- Market Segmentation & Regional Analysis
- Market Size of 10 years
- Pricing Analysis
- Supply & Demand Analysis
- Product Life Cycle Analysis
- Porter’s Five Forces & Value/Supply Chain Analysis
- Developed & Emerging Economies Analysis
- PESTEL Analysis
- Market and Forecast Factor Analysis
- Market Opportunities, Risks, & Trends
- Conclusion & Recommendation
- Regulatory Landscape
- Patent Analysis
- Competition Landscape
- 15+ Company Profiles
Fraud Detection Software Market Research Methodology
The report is based on analysis through extensive secondary research and primary Interviews.
The secondary data sources include the company website, annual reports, investor presentations, press releases, white papers, journals, certified publications, government websites, and articles from the industry.
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Similarly following is the list of a few paid secondary sources/databases,
- Factiva
- Statista
- D&B Hoovers
- Owler
- Enlyft
- HG Insights
- Bloomberg
- Crunchbase
The primary sources include CXOs, VPs, directors, technology & innovation directors, product managers, and related executives from key organizations from both the supply and demand sides. Similarly, we have also interviewed various end user organizations. We cannot reveal the end-user organizations due to non-disclosure agreements.
For instance, the region forecast is based on extensive secondary research and primary Interviews. We have conducted primary interviews across the regions to get more region-specific insights. Additionally, primary interviews were conducted with independent consultants and subject matter experts in respective regions. These experts were interviewed to obtain qualitative and quantitative information related to the market and validate the research findings and estimations. The primary and secondary data inputs referred for triangulation and forecast for the region segment are as follows,
- Top Player’s historic revenues and Year on Year Growth
- Top Players’ regional presence and revenue patterns
- Recent Developments and strategies of vendors and end users (E.g., Mergers & Acquisitions, Partnerships, New Product Launch, and others)
- R&D Investments & Innovation Landscape
- Start-up Ecosystem and Funding Initiatives
- Regulatory Environment and Implications (Country or region Specific)
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