|By Business Wire||
|January 20, 2014 03:11 PM EST||
Research and Markets (http://www.researchandmarkets.com/research/tgj2tw/fraud_detection) has announced the addition of the "Fraud Detection and Prevention Market by Fraud Analytics & Authentication - Global Advancements, Worldwide Forecasts & Analysis (2013 - 2018)" report to their offering.
Market is expected to grow from $3.61 billion in 2013 to $7.55 billion by 2018, at a Compound Annual Growth Rate (CAGR) of 15.9% during the forecast period.
Enterprises today are more vulnerable to fraud incidents. The prime reasons behind this vulnerability are the massive amount of enterprise data and the technological advancements. As the size of the enterprise data increases, analysis of that data becomes much complex. On the other hand, criminals always try to cheat enterprises for their own benefits and personal interest. Fraud Detection and Prevention solutions provide strong defense against such incidents and help to find and/or prevent from such occurrences.
Earlier, counter measures against frauds were manual, but over the time size of the enterprise data increased and new technology-based automatic software-based applications replaced many of the old manual methods. In the era of globalization, size of the enterprise data increased more and it became very difficult for traditional data mining applications and tools to analyze this data in real time.
Then, new technological advancements started shaping this market and the new breed of Fraud Detection and Prevention solutions came into existence. These solutions were based on the new technologies such as predictive analytics, customer analytics, and new type of visualization tools and application. Along with the analytical solutions, authentication solutions also traveled a long distance from SFA to MFA and now toward strong authentication.
This report focuses on global Fraud Detection and Prevention market across end-users, different industry verticals, and geographic regions. Key segments included in the report are by solutions (fraud analytics and authentication), end-users (SMEs and enterprises), verticals (banking and financial services, insurance, retail, telecommunications, and public sector/government sector).
Scope of Report
- Fraud analytics:
- Predictive analytics
- Customer analytics
- Social media analytics
- Visual analytics and tools
- Single--Factor Authentication (SFA)
- Multifactor Authentication (MFA)
- Strong authentication
- Large Enterprises
- Banking and financial services
- Public sector/government sector
Key Topics Covered:
2 Executive Summary
3 Market Overview
4 Fraud Detection And Prevention: Market Size And Forecast By Solutions
5 Fraud Detection And Prevention: Market Size And Forecast By End-Users
6 Fraud Detection And Prevention: Market Size And Forecast By Verticals
7 Fraud Detection And Prevention: Market Size And Forecast By Regions
8 Fraud Detection And Prevention: Market Landscape
9 Company Profiles
- Aci Worldwide
- Alaric Systems
- Bae Systems Detica
- Bosch Software Innovations Gmbh
- Computer Sciences Corporation
- Easy Solution
- Emc Corporation
- Lavastorm Analytics
For more information visit http://www.researchandmarkets.com/research/tgj2tw/fraud_detection