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Safe and sound: The industry will continue robust growth as cybercriminals innovate their methods



Abstract

Fraud Detection Software Developers

Over the five years to 2016, cybercriminals have been working hard to keep up with technological innovation, divulging the vulnerability of the rising amounts of data and stimulating demand for the Fraud Detection Software Developers industry. Heavy investment in research and development allows the industry to respond quickly to rapid technological changes. Intensifying mobile functionality stimulated the development of mobile fraud detection. The rise of cloud computing inspired cloud-based fraud detection and prevention software, while the eventual ubiquitous presence of web-enabled devices is expected to give rise to new, complex fraud detection models. Data breaches among major US retailers have shed light on the widespread nature of fraud, often accompanied by severe financial losses and damaged reputations. Over the five years to 2021, however, revenue is expected to grow at a slower rate.



This industry includes businesses that develop software to detect fraudulent payments made to clients. The software also protects against fraudulent payments.

This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.



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Table Of Contents

Fraud Detection Software Developers - Industry Market Research Report

TABLE OF CONTENTS

ABOUT THIS INDUSTRY
Industry Definition
Main Activities
Similar Industries
Additional Resources

INDUSTRY AT A GLANCE

INDUSTRY PERFORMANCE
Executive Summary
Key External Drivers
Current Performance
Industry Outlook
Industry Life Cycle

PRODUCTS and MARKETS
Supply Chain
Products and Services
Demand Determinants
Major Markets
International Trade
Business Locations

COMPETITIVE LANDSCAPE
Market Share Concentration
Key Success Factors
Cost Structure Benchmarks
Basis of Competition
Barriers to Entry
Industry Globalization

MAJOR COMPANIES

OPERATING CONDITIONS
Capital Intensity
Technology and Systems
Revenue Volatility
Regulation and Policy
Industry Assistance

KEY STATISTICS
Industry Data
Annual Change
Key Ratios

JARGON and GLOSSARY



MAJOR COMPANIES

SAS

Fair Isaac Corporation

NICE Systems Limited

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