The global ecommerce fraud detection and prevention market is expected to grow from USD 1.98 billion 2017 to USD 8.92 billion by the end of 2024 at a Compound Annual Growth Rate (CAGR) of 23.97%.
“Adoption of risk-based authentication models such as biometric authentication model is one of the factors largely attributing to the growth of ecommerce fraud detection and prevention market globally”
The factors attributing to the growth of the market are adoption of risk-based authentication models such as biometric authentication model, and wholistic approach to secure data, transaction, and customer. However, some factors such as and limited data visibility producing significant false positive may hinder the market growth. The global ecommerce fraud detection and prevention market is expected to showcase the opportunities such as use of ai and machine learning to fight e-commerce fraud, and balancing fraud prevention with customer satisfaction. In the near future, the market may face the possible challenges in the growth due to and account and identity-theft fraud are still rising. However, the key players in the market are putting regressive efforts to provide innovative offerings and benchmark strategies in the global ecommerce fraud detection and prevention market.
On the basis of fraud type, the global ecommerce fraud detection and prevention market is studied across Card Testing, Credit Card Fraud, Friendly Fraud, Identity Theft, Merchant Fraud, Phishing, and Refund Fraud.
On the basis of industry, the global ecommerce fraud detection and prevention market is studied across Aerospace & Defense, Automotive & Transportation, Banking, Financial Services & Insurance, Building, Construction & Real Estate, Consumer Goods & Retail, Education, Energy & Utilities, Government & Public Sector, Healthcare & Life Sciences, Information Technology, Manufacturing, Media & Entertainment, Telecommunication, and Travel & Hospitality.
On the basis of geography, the global ecommerce fraud detection and prevention market is studied across Americas, (United States, Brazil, Canada, Mexico, and Argentina) Europe, Middle East & Africa, (United Kingdom, Germany, France, Saudi Arabia, United Arab Emirates, Italy, and Russia) and Asia-Pacific (China, Japan, India, and Australia).
“Accertify, Inc.: The potential growing player for the global ecommerce fraud detection and prevention market”
The key players profiled in the global ecommerce fraud detection and prevention market are Accertify, Inc., Arbutus Software Inc., Bolt Financial, Inc., CardinalCommerce, DupZapper, Forter, FraudLabsPro.com., Kount Inc., LexisNexis, MaxMind, Inc., Riskified Inc., SIMILITY, Sift, Signifyd, Subuno, and Valitor.
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on sulfuric acid offered by the key players in the global ecommerce fraud detection and prevention market.
2. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and new product developments in the global ecommerce fraud detection and prevention market.
3. Market Development: Provides in-depth information about lucrative emerging markets and analyzes the markets for the global ecommerce fraud detection and prevention market.
4. Market Diversification: Provides detailed information about new products launches, untapped geographies, recent developments, and investments in the global ecommerce fraud detection and prevention market.
5. Competitive Assessment & Intelligence: Provides exhaustive assessment of market shares, strategies, products, and manufacturing capabilities of the leading players in the global ecommerce fraud detection and prevention market.
Summary:
Get latest Market Research Reports on eCommerce Fraud Detection and Prevention . Industry analysis & Market Report on eCommerce Fraud Detection and Prevention is a syndicated market report, published as Global eCommerce Fraud Detection and Prevention Market - Premium Insight, Industry Trends, FPNV Positioning Matrix, Competitive News Feed Analysis, Company Usability Profiles, Market Sizing & Forecasts to 2024 . It is complete Research Study and Industry Analysis of eCommerce Fraud Detection and Prevention market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.