Global AI in Fraud Management Market Size study, by Solution (AI-Powered Fraud Prevention Software[Cloud based, On-Premises], Services [Professional Services [Risk Assessment Services, Fraud & Risk Consulting, Integration & Implementation, Support & Maintenance], Managed Services]) by Application (Identity Theft Protection, Payment Fraud Prevention, Anti-Money Laundering, Others), by Enterprise Size (Small & Medium Enterprises, Large Enterprises), by Industry (BFSI, IT & Telecom, Healthcare, Government, Education, Retail & CPG, Media & Entertainment, Others) and Regional Forecasts 2021-2027
- BIZ4639285
- 200 Pages
- September 2021
- Automotive and Transportation
AI Fraud Management Market is growing owing to the rapid digitalization around the world and adoption of IoT in various industries. According to GSMA Intelligence, there were over 13.2 billion IoT connections worldwide in 2020 and the figure is expected to grow to 32.2 billion by 2027. These connected devices are also a path for criminals to operate. The increase in cyber frauds can be attributed to the digitization wave which is also fueling the growth of AI Fraud Management Market.
Furthermore, AI Fraud Management Market has grown exponentially because of the business brought in by BFSI sector. BFSI industry also accounts for largest share in the AI fraud management market. As banks have moved towards automation, digital payments, stockbroking, and insurance, the need for adoption of advanced fraud detection technologies has increased.
However, the market growth is facing a lot of resistance due to advanced and much complicated frauds. Fraudsters are getting more advanced, sophisticated, and complex which stresses out AI systems heavily. As the future unfolds, there is a lot of opportunities for AI Fraud Management systems to evolve. The technology is still in the infancy and a lot of research and development is continuously happening in this field.
Considering the regions Asia Pacific, North America, Europe, Latin America and Rest of the World, the regional analysis demonstrates North America as the leader across the world in terms of market share because they are a hub for some of the largest banking institutions and IT companies, and these organizations prioritize security and fraud management. North America also faces highest digital fraud cases leading to greater adoption of AI systems to tackle the problem. Whereas Asia-Pacific is anticipated to exhibit the highest growth rate over the forecast period 2021-2027. Factors such as large-scale digitization, technological advancements, and abundant population would create lucrative growth prospects for the AI in Fraud Management Market across Asia-Pacific region.
Major market player included in this report are:
IBM Corporation
Cognizant
Temenos AG
Capgemini SE
Subex Limited
JuicyScore
Hewlett Packard Enterprise
MaxMind, Inc.
BAE Systems plc
Pelican
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Solution:
AI-Powered Fraud Prevention Software
Cloud-based
On-Premises
Services
Professional Services
Risk assessment Services
Fraud & Risk Consulting
Integration & Implementation
Support & Maintenance
Managed Services
By Application:
Identity Theft Protection
Payment Fraud Prevention
Anti-Money Laundering
Others
By Enterprise Size:
Small and Medium Enterprises (SMEs)
Large Enterprises
By Industry:
BFSI
IT & Telecom
Healthcare
Government
Education
Retail & CPG
Media & Entertainment
Others
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE
Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World
Furthermore, years considered for the study are as follows:
Historical year – 2018, 2019
Base year – 2020
Forecast period – 2021 to 2027
Target Audience of the Global AI in Fraud Management Market in Market Study:
Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2027 (USD Billion)
1.2.1. AI in Fraud Management Market, by Region, 2019-2027 (USD Billion)
1.2.2. AI in Fraud Management Market, by Solution, 2019-2027 (USD Billion)
1.2.3. AI in Fraud Management Market, by Application, 2019-2027 (USD Billion)
1.2.4. AI in Fraud Management Market, by Enterprise Size, 2019-2027 (USD Billion)
1.2.5. AI in Fraud Management Market, by Industry, 2019-2027 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global AI in Fraud Management Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global AI in Fraud Management Market Dynamics
3.1. AI in Fraud Management Market Impact Analysis (2019-2027)
3.1.1. Market Drivers
3.1.1.1. Increasing digitization & adoption of IoT
3.1.1.2. Huge application in BFSI sector
3.1.2. Market Challenges
3.1.2.1. Complex and sophisticated frauds
3.1.3. Market Opportunities
3.1.3.1. Technological advancements and increased R&D
Chapter 4. Global AI in Fraud Management Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2027)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
Chapter 5. Global AI in Fraud Management Market, by Solution
5.1. Market Snapshot
5.2. Global AI in Fraud Management Market by Solution, Performance - Potential Analysis
5.3. Global AI in Fraud Management Market Estimates & Forecasts by Solution 2018-2027 (USD Billion)
5.4. AI in Fraud Management Market, Sub Segment Analysis
5.4.1. AI-Powered fraud prevention software
5.4.2. Services
Chapter 6. Global AI in Fraud Management Market, by Application
6.1. Market Snapshot
6.2. Global AI in Fraud Management Market by Application, Performance - Potential Analysis
6.3. Global AI in Fraud Management Market Estimates & Forecasts by Application 2018-2027 (USD Billion)
6.4. AI in Fraud Management Market, Sub Segment Analysis
6.4.1. Identity theft protection
6.4.2. Payment fraud prevention
6.4.3. Anti-money laundering
6.4.4. Others
Chapter 7. Global AI in Fraud Management Market, by Enterprise Size
7.1. Market Snapshot
7.2. Global AI in Fraud Management Market by Enterprise Size, Performance - Potential Analysis
7.3. Global AI in Fraud Management Market Estimates & Forecasts by Enterprise Size 2018-2027 (USD Billion)
7.4. AI in Fraud Management Market, Sub Segment Analysis
7.4.1. Small & Medium Enterprises (SMEs)
7.4.2. Large Enterprises
Chapter 8. Global AI in Fraud Management Market, by Industry
8.1. Market Snapshot
8.2. Global AI in Fraud Management Market by Industry, Performance - Potential Analysis
8.3. Global AI in Fraud Management Market Estimates & Forecasts by Industry 2018-2027 (USD Billion)
8.4. AI in Fraud Management Market, Sub Segment Analysis
8.4.1. BFSI
8.4.2. IT & Telecom
8.4.3. Healthcare
8.4.4. Government
8.4.5. Education
8.4.6. Retail & CPG
8.4.7. Media & Entertainment
8.4.8. Others
Chapter 9. Global AI in Fraud Management Market, Regional Analysis
9.1. AI in Fraud Management Market, Regional Market Snapshot
9.2. North America AI in Fraud Management Market
9.2.1. U.S. AI in Fraud Management Market
9.2.1.1. Solution breakdown estimates & forecasts, 2018-2027
9.2.1.2. Application breakdown estimates & forecasts, 2018-2027
9.2.1.3. Enterprise Size breakdown estimates & forecasts, 2018-2027
9.2.1.4. Industry breakdown estimates & forecasts, 2018-2027
9.2.2. Canada AI in Fraud Management Market
9.3. Europe AI in Fraud Management Market Snapshot
9.3.1. U.K. AI in Fraud Management Market
9.3.2. Germany AI in Fraud Management Market
9.3.3. France AI in Fraud Management Market
9.3.4. Spain AI in Fraud Management Market
9.3.5. Italy AI in Fraud Management Market
9.3.6. Rest of Europe AI in Fraud Management Market
9.4. Asia-Pacific AI in Fraud Management Market Snapshot
9.4.1. China AI in Fraud Management Market
9.4.2. India AI in Fraud Management Market
9.4.3. Japan AI in Fraud Management Market
9.4.4. Australia AI in Fraud Management Market
9.4.5. South Korea AI in Fraud Management Market
9.4.6. Rest of Asia Pacific AI in Fraud Management Market
9.5. Latin America AI in Fraud Management Market Snapshot
9.5.1. Brazil AI in Fraud Management Market
9.5.2. Mexico AI in Fraud Management Market
9.6. Rest of The World AI in Fraud Management Market
Chapter 10. Competitive Intelligence
10.1. Top Market Strategies
10.2. Company Profiles
10.2.1. IBM Corporation
10.2.1.1. Key Information
10.2.1.2. Overview
10.2.1.3. Financial (Subject to Data Availability)
10.2.1.4. Product Summary
10.2.1.5. Recent Developments
10.2.2. Cognizant
10.2.3. Temenos AG
10.2.4. Capgemini SE
10.2.5. Subex Limited
10.2.6. JuicyScore
10.2.7. Hewlett Packard Enterprises
10.2.8. MaxMind Inc.
10.2.9. BAE Systems plc
10.2.10. Pelican
Chapter 11. Research Process
11.1. Research Process
11.1.1. Data Mining
11.1.2. Analysis
11.1.3. Market Estimation
11.1.4. Validation
11.1.5. Publishing
11.2. Research Attributes
11.3. Research Assumption
TABLE 1. Global AI in Fraud Management Market, report scope
TABLE 2. Global AI in Fraud Management Market estimates & forecasts by Region 2018-2027 (USD Billion)
TABLE 3. Global AI in Fraud Management Market estimates & forecasts by Solution 2018-2027 (USD Billion)
TABLE 4. Global AI in Fraud Management Market estimates & forecasts by Application 2018-2027 (USD Billion)
TABLE 5. Global AI in Fraud Management Market estimates & forecasts by Enterprise Size 2018-2027 (USD Billion)
TABLE 6. Global AI in Fraud Management Market estimates & forecasts by Industry 2018-2027 (USD Billion)
TABLE 7. Global AI in Fraud Management Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 8. Global AI in Fraud Management Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 9. Global AI in Fraud Management Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 10. Global AI in Fraud Management Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 11. Global AI in Fraud Management Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 12. Global AI in Fraud Management Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 13. Global AI in Fraud Management Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 14. Global AI in Fraud Management Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 15. Global AI in Fraud Management Market by segment, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 16. Global AI in Fraud Management Market by region, estimates & forecasts, 2018-2027 (USD Billion)
TABLE 17. U.S. AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 18. U.S. AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 19. U.S. AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 20. Canada AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 21. Canada AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 22. Canada AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 23. UK AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 24. UK AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 25. UK AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 26. Germany AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 27. Germany AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 28. Germany AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 29. RoE AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 30. RoE AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 31. RoE AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 32. China AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 33. China AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 34. China AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 35. India AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 36. India AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 37. India AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 38. Japan AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 39. Japan AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 40. Japan AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 41. RoAPAC AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 42. RoAPAC AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 43. RoAPAC AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 44. Brazil AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 45. Brazil AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 46. Brazil AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 47. Mexico AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 48. Mexico AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 49. Mexico AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 50. RoLA AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 51. RoLA AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 52. RoLA AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 53. Row AI in Fraud Management Market estimates & forecasts, 2018-2027 (USD Billion)
TABLE 54. Row AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 55. Row AI in Fraud Management Market estimates & forecasts by segment 2018-2027 (USD Billion)
TABLE 56. List of secondary Solutions, used in the study of global AI in Fraud Management Market
TABLE 57. List of primary Solutions, used in the study of global AI in Fraud Management Market
TABLE 58. Years considered for the study
TABLE 59. Exchange rates considered
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