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MicroMarket Monitor: Fraud Detection and Prevention Market Driven by Recession & Growth in Fraudulent Activities

Fraud Detection and Prevention can be segmented by Geographies, Industries, Endusers, Companies and Solutions. http://www.micromarketmonitor.com/market-report/fraud-detection-and-prevention-reports-2719901801.html

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MicroMarket Monitor

MicroMarket Monitor

Key Players in the market are FIS, FICO, Fiserv Inc., Experian, Oracle Corporation, SAP, IBM Software, TCS, BAE Systems, Symantec Corporation and Nice Actimize

(PRWEB) June 02, 2014

Fraud in the business world is as old as the invention of business itself. Enterprises experience fraud both internally and externally, which results in huge revenue losses. Enterprises have always been in search of new and advanced solutions to detect and prevent fraud in their organizations. In recent years, the Fraud Detection and Prevention market has grown to great heights owing to the need for security against potential fraud. Text analytics, link analytics, web analytics, artificial intelligence, and neural networks are emerging technologies in the American fraud detection and prevention market. The American fraud detection and prevention market has been on a steady rise and is expected to boom in the near future.

Browse through the market data tables, figures and detailed ToC on the “Fraud Detection and Prevention Market”.

http://www.micromarketmonitor.com/market-report/fraud-detection-and-prevention-reports-2719901801.html

Related Reports

North America Fraud Detection and Prevention Market
North America has been a victim of various fraudulent activities in the public as well as the private sector. Corporate and banking sector frauds have been rampant in this region for quite some time, which has given rise to the development of the North American Fraud Detection and Prevention market. The highest number frauds in the North American region have been due to fraudulent orders. This market contributes 34.8% of the global Fraud Detection and Prevention market. The major players of this market are FIS, FICO, Fiserv, Experian, SAP, among others. The North American fraud detection and prevention market is reported to have generated $1.25 billion in 2013, and is expected to grow at CAGR of 10.59% to reach $2.07 billion by 2018.

http://www.micromarketmonitor.com/market/north-america-fraud-detection-and-prevention-6172603498.html

Asia-Pacific Fraud Detection and Prevention Market
The Asia-Pacific region has seen a huge rise in the number of fraud cases in the corporate world, which has raised serious concerns about the security of organizations. This concern has fuelled the growth in the Asia-Pacific Fraud Detection and Prevention market. This market contributes to 16.94% of the global market, and will grow to 22.61% due to economic factors by 2018. The major players in the Asia-Pacific fraud detection and prevention market include companies like FIS, FICO, Fiserv, Experian, and SAP. The Asia-Pacific fraud detection and prevention market was valued at $0.61 billion in 2013, and is expected to reach $1.7 billion by 2018. The market is expected to grow at a CAGR of 22.8% by 2018.

http://www.micromarketmonitor.com/market/asia-pacific-and-japan-Asia-Pacific-fraud-detection-and-prevention-3613556299.html

Europe Fraud Detection and Prevention Market
The European fraud detection and prevention market has been one of the fastest-growing markets. The technologically advanced European region has seen its fair share of frauds in the corporate world, which has resulted in massive losses for enterprises. The European fraud detection and prevention market had revenues of $1.04 billion in 2013, and is expected to reach $1.9 billion at a CAGR of 12.69% by 2018. The European fraud detection and prevention market players provide various solutions such as fraud analytics, prevention solutions, risk management services, among others. The major players in this market are FIS, FICO, Fiserv, Experian, and SAP. The market has shown a growing trend, and controls 29.06% of the global market.

http://www.micromarketmonitor.com/market/europe-fraud-detection-and-prevention-1012142251.html

Latin America Fraud Detection and Prevention Market
The Latin American region was badly hit by the recent recession, after which there has been a significant rise of employee engagement in fraudulent activities like misappropriation and larceny. The high revenue losses from these activities have resulted in the growth of the Latin American fraud detection and prevention market. The Latin America fraud detection and prevention market in 2103 was valued at $0.37 billion. Given the analysis, the market is expected to grow at a CAGR of 22.52%, and reach $1.02 billion by 2018. The Latin American fraud detection and prevention market contributes to 10.29% of the global market. Prominent players in this market include companies like FIS, FICO, Fiserv, Experian, and SAP. These players offer fraud detection and prevention solutions such as Predictive Analytics, Customer Analytics, Social Media Analytics, among others.

http://www.micromarketmonitor.com/market/latin-america-fraud-detection-and-prevention-9416643817.html

Middle East and Africa Fraud Detection and Prevention Market
Enterprises in the Middle East and African region have reported a rising number of threats from vendor frauds, procurement frauds, and internal financial frauds, increasing the demand for fraud detection and prevention solutions, thus fuelling the growth in the Middle East and African fraud detection and prevention market. This market contributed to 8.8% of the global fraud detection and prevention market as of 2013, and is expected to grow to 10.9% by 2018. The major factor driving the Middle East and Africa Fraud Detection and Prevention Market is the increase in frauds due to corruption and bribery in the region. The Middle East and African fraud detection and prevention market reported revenues of $0.31 billion in 2013, which is expected to grow at a CAGR of 21.05 %, taking it to 0.83 billion by 2018. The key players in the Middle East and African fraud detection and prevention market are companies like FIS, FICO, Fiserv, Experian, and SAP.

http://www.micromarketmonitor.com/market/middle-east-and-africa-fraud-detection-and-prevention-4937455144.html

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