Global Fraud Detection and Prevention Market, By Component (Solution, Service), By Solutions (Fraud Analytics, Authentication, Governance, Risk, and Compliance), By Services (Professional Services, Managed Services), By Application (Identity Theft, Money Laundering, Payment Fraud, Others), By Organization (SMEs, Large Enterprises), By Vertical (BFSI, Government & Defense, Healthcare, IT & Telecom, Industrial & Manufacturing, Retail & E-commerce, Others), and opportunities and forecast 2023-2030
Fraud Detection and Prevention Market Overview
Fraud detection and prevention refers to the strategies undertaken to detect and prevent attempts to obtain money or property through deception. Lately, with the arrival of solutions such as cloud services, internet-enabled solutions, and increased preference for digital data modes, the susceptibility of enterprises to fraud has increased significantly. Hence, to prevent such incidences companies are shifting towards fraud detection software. This factor remarkably propelling the demand for fraud detection and prevention and it eventually boosts the growth of the market.
In addition, increasing revenue losses by enterprises owing to frauds have further escalated the need for preventive solutions, which turn in increased adoption of FDP solutions, thus it will be improved the growth of the market in near future. Moreover, rising enterprise data and its complexity, increasing cost of fraud, and industry-specific requirements support the growth of the market. Also, technological advancements further boosting the growth of the fraud detection and prevention market.
On the other side, high-cost involvement, low level of awareness, and unavailability of pre-deployment measures are expected to hamper the growth of the FDP market.
Fraud Detection and Prevention Market Segment Overview
Fraud detection and prevention solutions have extensive applications across insurance, public sector/government sector, telecommunications and, banking, and financial services. Banking and financial services holding a major share of the market. The rising online transactions, insurance claim frauds, and card-related frauds are increasing the use of FDP in retail, insurance and banking, and financial services sectors. Additionally, the insurance, telecommunication, and retail sector are projected to provide maximum revenue contribution in coming years with increased adoption of FDP.
Fraud Detection and Prevention Regional Overview
Region-wise, North America is at the forefront and is predicted to continue to retain its lead position through the forecast period. North America, a technologically advanced region, tops the world in terms of the presence of cybersecurity vendors. Also, it is one of the most affected regions in the world by money laundering and terrorist financing crime activities, therefore it has the highest number of FDP providers. Likewise, Europe is the second-largest market for fraud detection and prevention. Additionally, Asia Pacific is expected to emerge as a significant region in the fraud detection and prevention market. This can be attributed to globalization and new investment regulations boosting the rise in the number of small and medium scale enterprises (SME’s). India and Japan, with the fast rise of SMEs and industrial sector growth, are anticipated to create various lucrative opportunities for market expansion in the forthcoming years.
Fraud Detection and Prevention Market Competitor overview
· In July 2020, NICE Actimize, a NICE business and the leader in Autonomous Financial Crime Management, has introduced an enhancement to its SURVEIL-X Holistic Trade Surveillance solution that provides self-service analytics, called SURVEIL-X Studio. This all-in-one approach enables Financial Services Organizations (FSOs) to rapidly create, test and deploy custom analytic risk detection models.
· In April 2019, NICE Actimize, introduced CDD-X, the next-generation Know Your Customer/Customer Due Diligence (KYC/CDD) solution. NICE Actimize CDD-X is the latest addition to the Actimize Autonomous AML solution set that leverages the power of artificial intelligence and machine learning to provide more accurate detection and customer risk scoring to reduce compliance risk.
Fraud Detection and Prevention Market, Key Players
· Visa Inc. · ACI Worldwide, Inc. · SAS Institute Inc. · BAE Systems Detica · SAP · Bosch Software Innovations Gmbh · Oracle · Computer Sciences Corporation · Mastercard · EMC Corporation · IBM · FICO (Fair Isaac Corporation) · Fiserv, Inc. · FIS Company
Fraud Detection and Prevention Market Segmentation
Fraud Detection and Prevention Market, By Component
· Solution · Service
Fraud Detection and Prevention Market, By Solutions
· Fraud Analytics · Authentication · Governance, Risk, and Compliance
Fraud Detection and Prevention Market, By Services
· Professional Services · Managed Services
Fraud Detection and Prevention Market, By Application
5. Global Fraud Detection and Prevention Market Analysis (USD Billion), Insights and Forecast, 2020-2027
5.1. Key Findings / Summary
5.2. Market Analysis, Insights and Forecast – By Component
5.2.1. Solution
5.2.2. Service
5.3. Market Analysis, Insights and Forecast – By Solution
5.3.1. Fraud Analytics
5.3.2. Authentication
5.3.3. Governance, Risk, and Compliance
5.4. Market Analysis, Insights and Forecast – By Services
5.4.1. Professional Services
5.4.2. Managed Services
5.5. Market Analysis, Insights and Forecast – By Application
5.5.1. Identity Theft
5.5.2. Money Laundering
5.5.3. Payment Fraud
5.5.4. Others
5.6. Market Analysis, Insights and Forecast – By Organization
5.6.1. SMEs
5.6.2. Large Enterprises
5.7. Market Analysis, Insights and Forecast – By Vertical
5.7.1. BFSI
5.7.2. Government & Defense
5.7.3. Healthcare
5.7.4. IT & Telecom
5.7.5. Industrial & Manufacturing
5.7.6. Retail & E-commerce
5.7.7. Others
5.8. Market Analysis, Insights and Forecast – By Region
5.8.1. North America
5.8.2. Latin America
5.8.3. Europe
5.8.4. Asia Pacific
5.8.5. Middle East and Africa
6. North America Fraud Detection and Prevention Market Analysis (USD Billion), Insights and Forecast, 2020-2027
6.1. Key Findings / Summary
6.2. Market Analysis, Insights and Forecast – By Component
6.2.1. Solution
6.2.2. Service
6.3. Market Analysis, Insights and Forecast – By Solution
6.3.1. Fraud Analytics
6.3.2. Authentication
6.3.3. Governance, Risk, and Compliance
6.4. Market Analysis, Insights and Forecast – By Services
6.4.1. Professional Services
6.4.2. Managed Services
6.5. Market Analysis, Insights and Forecast – By Application
6.5.1. Identity Theft
6.5.2. Money Laundering
6.5.3. Payment Fraud
6.5.4. Others
6.6. Market Analysis, Insights and Forecast – By Organization
6.6.1. SMEs
6.6.2. Large Enterprises
6.7. Market Analysis, Insights and Forecast – By Vertical
6.7.1. BFSI
6.7.2. Government & Defense
6.7.3. Healthcare
6.7.4. IT & Telecom
6.7.5. Industrial & Manufacturing
6.7.6. Retail & E-commerce
6.7.7. Others
6.8. Market Analysis, Insights and Forecast – By Country
6.8.1. U.S.
6.8.2. Canada
7. Latin America Fraud Detection and Prevention Market Analysis (USD Billion), Insights and Forecast, 2020-2027
7.1. Key Findings / Summary
7.2. Market Analysis, Insights and Forecast – By Component
7.2.1. Solution
7.2.2. Service
7.3. Market Analysis, Insights and Forecast – By Solution
7.3.1. Fraud Analytics
7.3.2. Authentication
7.3.3. Governance, Risk, and Compliance
7.4. Market Analysis, Insights and Forecast – By Services
7.4.1. Professional Services
7.4.2. Managed Services
7.5. Market Analysis, Insights and Forecast – By Application
7.5.1. Identity Theft
7.5.2. Money Laundering
7.5.3. Payment Fraud
7.5.4. Others
7.6. Market Analysis, Insights and Forecast – By Organization
7.6.1. SMEs
7.6.2. Large Enterprises
7.7. Market Analysis, Insights and Forecast – By Vertical
7.7.1. BFSI
7.7.2. Government & Defense
7.7.3. Healthcare
7.7.4. IT & Telecom
7.7.5. Industrial & Manufacturing
7.7.6. Retail & E-commerce
7.7.7. Others
7.8. Insights and Forecast – By Country
7.8.1. Brazil
7.8.2. Mexico
7.8.3. Rest of Latin America
8. Europe Fraud Detection and Prevention Market Analysis (USD Billion), Insights and Forecast, 2020-2027
8.1. Key Findings / Summary
8.2. Market Analysis, Insights and Forecast – By Component
8.2.1. Solution
8.2.2. Service
8.3. Market Analysis, Insights and Forecast – By Solution
8.3.1. Fraud Analytics
8.3.2. Authentication
8.3.3. Governance, Risk, and Compliance
8.4. Market Analysis, Insights and Forecast – By Services
8.4.1. Professional Services
8.4.2. Managed Services
8.5. Market Analysis, Insights and Forecast – By Application
8.5.1. Identity Theft
8.5.2. Money Laundering
8.5.3. Payment Fraud
8.5.4. Others
8.6. Market Analysis, Insights and Forecast – By Organization
8.6.1. SMEs
8.6.2. Large Enterprises
8.7. Market Analysis, Insights and Forecast – By Vertical
8.7.1. BFSI
8.7.2. Government & Defense
8.7.3. Healthcare
8.7.4. IT & Telecom
8.7.5. Industrial & Manufacturing
8.7.6. Retail & E-commerce
8.7.7. Others
8.8. Market Analysis, Insights and Forecast – By Country
8.8.1. UK
8.8.2. Germany
8.8.3. France
8.8.4. Italy
8.8.5. Spain
8.8.6. Russia
8.8.7. Rest of Europe
9. Asia Pacific Fraud Detection and Prevention Market Analysis (USD Billion), Insights and Forecast, 2020-2027
9.1. Key Findings / Summary
9.2. Market Analysis, Insights and Forecast – By Component
9.2.1. Solution
9.2.2. Service
9.3. Market Analysis, Insights and Forecast – By Solution
9.3.1. Fraud Analytics
9.3.2. Authentication
9.3.3. Governance, Risk, and Compliance
9.4. Market Analysis, Insights and Forecast – By Services
9.4.1. Professional Services
9.4.2. Managed Services
9.5. Market Analysis, Insights and Forecast – By Application
9.5.1. Identity Theft
9.5.2. Money Laundering
9.5.3. Payment Fraud
9.5.4. Others
9.6. Market Analysis, Insights and Forecast – By Organization
9.6.1. SMEs
9.6.2. Large Enterprises
9.7. Market Analysis, Insights and Forecast – By Vertical
9.7.1. BFSI
9.7.2. Government & Defense
9.7.3. Healthcare
9.7.4. IT & Telecom
9.7.5. Industrial & Manufacturing
9.7.6. Retail & E-commerce
9.7.7. Others
9.8. Market Analysis, Insights and Forecast – By Country
9.8.1. China
9.8.2. India
9.8.3. Japan
9.8.4. Australia
9.8.5. South East Asia
9.8.6. Rest of Asia Pacific
10. Middle East & Africa Fraud Detection and Prevention Market Analysis (USD Billion), Insights and Forecast, 2020-2027
10.1. Key Findings / Summary
10.2. Market Analysis, Insights and Forecast – By Component
10.2.1. Solution
10.2.2. Service
10.3. Market Analysis, Insights and Forecast – By Solution
10.3.1. Fraud Analytics
10.3.2. Authentication
10.3.3. Governance, Risk, and Compliance
10.4. Market Analysis, Insights and Forecast – By Services
10.4.1. Professional Services
10.4.2. Managed Services
10.5. Market Analysis, Insights and Forecast – By Application
10.5.1. Identity Theft
10.5.2. Money Laundering
10.5.3. Payment Fraud
10.5.4. Others
10.6. Market Analysis, Insights and Forecast – By Organization
10.6.1. SMEs
10.6.2. Large Enterprises
10.7. Market Analysis, Insights and Forecast – By Vertical
10.7.1. BFSI
10.7.2. Government & Defense
10.7.3. Healthcare
10.7.4. IT & Telecom
10.7.5. Industrial & Manufacturing
10.7.6. Retail & E-commerce
10.7.7. Others
10.8. Market Analysis, Insights and Forecast – By Country
10.8.1. GCC
10.8.2. South Africa
10.8.3. Rest of Middle East & Africa
11. Competitive Analysis
11.1. Company Market Share Analysis, 2018
11.2. Key Industry Developments
11.3. Company Profile
11.4. Visa Inc.
11.4.1. Business Overview
11.4.2. Segment 1 & Service Offering
11.4.3. Overall Revenue
11.4.4. Geographic Presence
11.4.5. Recent Development
*Similar details will be provided for the following companies
11.5. ACI Worldwide, Inc.
11.6. SAS Institute Inc.
11.7. BAE Systems Detica
11.8. SAP
11.9. Bosch Software Innovations Gmbh
11.10. Oracle
11.11. Computer Sciences Corporation
11.12. Mastercard
11.13. EMC Corporation
11.14. IBM
11.15. FICO (Fair Isaac Corporation)
11.16. Fiserv, Inc.
List of Figures
Figure 1: Global Fraud Detection and Prevention Market Revenue Breakdown (USD Billion, %) by Region, 2019 & 2027
Figure 2: Global Market Value Share (%), By Segment 1, 2019 & 2027
Figure 3: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 4: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 5: Global Market Value Share (%), By Segment 2, 2019 & 2027
Figure 6: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 7: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 8: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 9: Global Fraud Detection and Prevention Market Forecast (USD Billion), by Others, 2016-2027
Figure 10: Global Market Value Share (%), By Segment 3, 2019 & 2027
Figure 11: Global Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 12: Global Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 13: Global Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 14: Global Market Forecast (USD Billion), by Others, 2016-2027
Figure 15: Global Market Value (USD Billion), by Region, 2019 & 2027
Figure 16: North America Fraud Detection and Prevention Market Value Share (%), By Segment 1, 2019 & 2027
Figure 17: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 18: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 19: North America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 20: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 21: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 22: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 23: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 24: North America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 25: North America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 26: North America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 27: North America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 28: North America Market Forecast (USD Billion), by Others, 2016-2027
Figure 29: North America Market Forecast (USD Billion), by U.S., 2016-2027
Figure 30: North America Market Forecast (USD Billion), by Canada, 2016-2027
Figure 31: Latin America Fraud Detection and Prevention Market Value Share (%), By Segment 1, 2019 & 2027
Figure 32: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 33: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 34: Latin America Market Value Share (%), By Segment 2, 2019 & 2027
Figure 35: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 36: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 37: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 38: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 39: Latin America Market Value Share (%), By Segment 3, 2019 & 2027
Figure 40: Latin America Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 41: Latin America Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 42: Latin America Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 43: Latin America Market Forecast (USD Billion), by Others, 2016-2027
Figure 44: Latin America Market Forecast (USD Billion), by Brazil, 2016-2027
Figure 45: Latin America Market Forecast (USD Billion), by Mexico, 2016-2027
Figure 46: Latin America Market Forecast (USD Billion), by Rest of Latin America, 2016-2027
Figure 47: Europe Fraud Detection and Prevention Market Value Share (%), By Segment 1, 2019 & 2027
Figure 48: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 49: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 50: Europe Market Value Share (%), By Segment 2, 2019 & 2027
Figure 51: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 52: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 53: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 54: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 55: Europe Market Value Share (%), By Segment 3, 2019 & 2027
Figure 56: Europe Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 57: Europe Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 58: Europe Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 59: Europe Market Forecast (USD Billion), by Others, 2016-2027
Figure 60: Europe Market Forecast (USD Billion), by U.K., 2016-2027
Figure 61: Europe Market Forecast (USD Billion), by Germany, 2016-2027
Figure 62: Europe Market Forecast (USD Billion), by France, 2016-2027
Figure 63: Europe Market Forecast (USD Billion), by Italy, 2016-2027
Figure 64: Europe Market Forecast (USD Billion), by Spain, 2016-2027
Figure 65: Europe Market Forecast (USD Billion), by Russia, 2016-2027
Figure 66: Europe Market Forecast (USD Billion), by Rest of Europe, 2016-2027
Figure 67: Asia Pacific Fraud Detection and Prevention Market Value Share (%), By Segment 1, 2019 & 2027
Figure 68: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 69: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 70: Asia Pacific Market Value Share (%), By Segment 2, 2019 & 2027
Figure 71: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 72: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 73: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 74: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 75: Asia Pacific Market Value Share (%), By Segment 3, 2019 & 2027
Figure 76: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 77: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 78: Asia Pacific Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 79: Asia Pacific Market Forecast (USD Billion), by Others, 2016-2027
Figure 80: Asia Pacific Market Forecast (USD Billion), by China, 2016-2027
Figure 81: Asia Pacific Market Forecast (USD Billion), by India, 2016-2027
Figure 82: Asia Pacific Market Forecast (USD Billion), by Japan, 2016-2027
Figure 83: Asia Pacific Market Forecast (USD Billion), by Australia, 2016-2027
Figure 84: Asia Pacific Market Forecast (USD Billion), by Southeast Asia, 2016-2027
Figure 85: Asia Pacific Market Forecast (USD Billion), by Rest of Asia Pacific, 2016-2027
Figure 86: Middle East & Africa Fraud Detection and Prevention Market Value Share (%), By Segment 1, 2019 & 2027
Figure 87: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 88: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 89: Middle East & Africa Market Value Share (%), By Segment 2, 2019 & 2027
Figure 90: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 91: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 92: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 93: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 94: Middle East & Africa Market Value Share (%), By Segment 3, 2019 & 2027
Figure 95: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 1, 2016-2027
Figure 96: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 2, 2016-2027
Figure 97: Middle East & Africa Market Forecast (USD Billion), by Sub-Segment 3, 2016-2027
Figure 98: Middle East & Africa Market Forecast (USD Billion), by Others, 2016-2027
Figure 99: Middle East & Africa Market Forecast (USD Billion), by GCC, 2016-2027
Figure 100: Middle East & Africa Market Forecast (USD Billion), by South Africa, 2016-2027
Figure 101: Middle East & Africa Market Forecast (USD Billion), by Rest of Middle East & Africa, 2016-2027
List of Tables
Table 1: Global Fraud Detection and Prevention Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 2: Global Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 3: Global Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 4: Global Market Revenue (USD Billion) Forecast, by Region, 2016-2027
Table 5: North America Fraud Detection and Prevention Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 6: North America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 7: North America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 8: North America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 9: Europe Fraud Detection and Prevention Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 10: Europe Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 11: Europe Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 12: Europe Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 13: Latin America Fraud Detection and Prevention Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 14: Latin America Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 15: Latin America Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 16: Latin America Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 17: Asia Pacific Fraud Detection and Prevention Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 18: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 19: Asia Pacific Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 20: Asia Pacific Market Revenue (USD Billion) Forecast, by Country, 2016-2027
Table 21: Middle East & Africa Fraud Detection and Prevention Market Revenue (USD Billion) Forecast, by Segment 1, 2016-2027
Table 22: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 2, 2016-2027
Table 23: Middle East & Africa Market Revenue (USD Billion) Forecast, by Segment 3, 2016-2027
Table 24: Middle East & Africa Market Revenue (USD Billion) Forecast, by Country, 2016-2027