FORT WORTH, Texas, April 29, 2015 /PRNewswire/ --
The Fraud Detection & Prevention and Anti-Money Laundering Market is expected to grow from $9,622.8 million in 2014 to $21,441.4 million by 2019, at a CAGR of 17.4% during the period under consideration.
Browse through the TOC of the Fraud Detection & Prevention and Anti Money Laundering Market report to get an idea of the in-depth analysis provided. It also provides a glimpse of the segmentations in the market, and is supported by various tables and figures.
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MicroMarket Monitor broadly segments the fraud detection & prevention and anti-money laundering market in terms of solutions into fraud analytics, fraud authentication, GRC solutions, and reporting and visualization tools; by type of users into small and medium enterprises and large enterprises; by industry verticals into banking & financial services & insurance, retail, telecommunication, public/government, healthcare, and energy & utilities, among others; and by geography into the North America, Europe, Asia-Pacific, Middle-East & Africa, And Latin America.
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In order to attain profitability, enterprises have to sustain within strict infrastructure budgets. With the rise in revenue losses because of fraud incidences and money laundering, the demand for fraud detection & prevention and anti-money laundering solutions is also increasing. These solutions not only decrease fraud and money laundering occurrences but also enhance the efficiency and profitability in enterprise processes.
The Fraud Detection & Prevention and Anti Money Laundering market (2014-2019) defines and segments the fraud detection & prevention and anti-money laundering market into various segments with in-depth analysis and forecasting of revenues. This research report also identifies the factors driving this market, various restraints impacting it, along with the future roadmaps.
The North America Fraud Detection and Prevention Market is estimated to grow from $1.2 billion in 2013 to $2.1 billion in 2019, at a CAGR of 10.0% for the forecast period of 2013-2019. The market is primarily driven by the industrial expansion and rise in fraudulent activities.
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