Ecommerce Fraud Prevention Market Scope
E-commerce fraud is a deliberate attempt to hide info or present incorrect information so as to extort cash or other benefits out of the victim. when bad actors use these illicit ways to buy or sell anything on-line, someone is bound to get compromised. For obvious reasons, e-commerce frauds are highly undesirable. A number of the types of frauds are triangulation fraud, fraud, mastercard fraud, payment fraud, etc. Frauds committed in the business sector are most commonly called payment frauds. The most common payment fraud is done by using credit cards. While committing an online payment fraud, the fraudsters don’t need the credit card to be physically present.
The Ecommerce Fraud Prevention market study is segmented, by Application (Money Laundering, Payment Fraud and Others) and major geographies with country level break-up.
There are various companies that are exploring the market opportunities by investing in the new treatment and also expanding their footprints in new geographic regions by adopting various strategic initiatives such as mergers & acquisitions, expansions, investments, new product launches, and others. Research Analyst at AMA estimates that United Sates Players will contribute to the maximum growth of Global Ecommerce Fraud Prevention market throughout the predicted period.
CI Worldwide Inc. (United States), Avast Software s.r.o. (Germany), Bolt Financial, Inc. (United States), CashShield, Pte. Ltd. (Singapore), ClearSale (Brazil), DXC Technology Company (United States), F Case Ltd (United Kingdom) and Fiserv, Inc. (United States) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are Forter (United States), FraudLabsPro (Malaysia) and Kount Inc. (United States).
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
Segmentation Overview
AMA Research has segmented the market of Global Ecommerce Fraud Prevention market by Type, Application and Region.
On the basis of geography, the market of Ecommerce Fraud Prevention has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Trend
- Rising Dependency on E-commerce and Digitalization
Market Drivers
- Growing Concern Across Industries to Curb Threats and Financial Losses
- An increase in The Number of Fraudulent Activities
- Increasing Cyber Frauds at Alarming Rate
Opportunities
- Increasing Dependency on E-Commerce Websites and Online Transaction
- Increase in the Use of AI and ML in Banking Sector
Restraints
- Increasing Complexities of Frauds
Challenges
- Unavailability of Skilled Security Professional
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analysts and Strategic Business Planners, Government Regulatory and Research Organizations, Service Provider and End-Use Industries