USA fraud detection and prevention market is the global leader
Verfasser: ConvergedMarkets on Friday, 14 September 2018The fraud detection and prevention market has witnessed an exponential growth over the years and has transformed into a billion dollar market, worldwide. North America is among the largest market for fraud detection and prevention due to the vast presence of well-established players that include, IBM, SAS, FICO, NICE, and others. These companies hail from the USA, and have a strong presence of vendors as well as a high number of customers adds to the sector’s strength in the region. The North American region is technologically developed and also highest in the fraudulent activities, which is the primary driver for growth in the market. The wide adoption of fraud detection and prevention market gain traction in the BFSI, retail, healthcare, and manufacturing industries, which is expected to witness a double-digit growth.