Fraud Detection and Prevention Market: Pmr Market Insight Report 2015 to 2021

Submitted by: Submitted by

Views: 10

Words: 660

Pages: 3

Category: Business and Industry

Date Submitted: 12/02/2015 01:51 AM

Report This Essay

Fraud Detection and Prevention Market: PMR Market Insight

Report 2015 to 2021

Persistence Market Research

Fraud Detection and Prevention Market: PMR

Market Insight Report 2015 to 2021

Persistence Market Research

1

Fraud Detection and Prevention Market: PMR Market Insight

Report 2015 to 2021

Persistence Market Research Released New Market Report on “Fraud Detection and

Prevention Market: PMR Market Insight Report 2015 to 2021”.

Fraud detection and prevention services are the solutions offered by IT vendors to the different

enterprises. This solutions helps enterprises to prevent occurrences or spot frauds at initial

stages. In other words fraud detection and prevention refer to the solutions and systems

provided by the IT vendors, which are used to find patterns and anomalies and analyze the data

(to spot deviation from usual path) and these solutions control user access by authentication

and verification.

With growing revenue losses owing to the frauds around the globe, have led to increased

adoption of these solutions. Requirement and usage of such systems is considerably high in the

industries with high monetary transactions including insurance services, banking and financial,

telecommunication, retail, and government or public sector. Increase in usage is observed in

industries such as transportation, manufacturing, professional services, healthcare among

others.

Low awareness of fraud possibilities in small and medium enterprises and high investment for

deployments are the major factors hindering the growth of the market The pre deployment

measures and cost would remain key concern in the field of restraints for this market, even

though awareness level in small and medium enterprise is growing, which leads to the

decreasing effect of this factor.

Request to view TOC: http://www.persistencemarketresearch.com/toc/7045

Fraud detection and Prevention market is segmented by solutions into authentication, and fraud

analytics. The market is segmented by...