Fraud Detection and Prevention Market Growth, Consumption, Revenue, Future Scope and Growth Rate 2029


Posted January 30, 2023 by AkankshaMMR

This is a result of banks becoming more digitally integrated. During the forecast period of 2021–2029, banks in China, India, and Japan are pushing their clients to use more digital payment methods.
 
Fraud Detection and Prevention Market size was valued at US$ 23.65 Bn. in 2021 and the total revenue is expected to grow at a CAGR of 13.2% through 2022 to 2029, reaching nearly US$ 63.79 Bn.

Fraud Detection and Prevention Market Overview:

The Fraud Detection and Prevention Market research provides a comprehensive perspective of the competition, including the market share and company profiles of the top players in the global industry. The scope of the research covers a thorough examination of the Healthcare IoT Market, as well as the causes for variances in the industry's growth in a variety of sectors.

Global Fraud Detection and Prevention Market Dynamics:

Due to COVID-19 lockout restrictions, many have stopped leaving their houses, and a significant section of the population has started using internet transactions. The Boston Consulting Group (BCG) estimates that 70% of urban consumers in nations like India are digitally influenced to purchase any financial goods, meaning they use banking applications or websites to do it.

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Global Fraud Detection and Prevention Market Segment:

This is a result of banks becoming more digitally integrated. During the forecast period of 2021–2029, banks in China, India, and Japan are pushing their clients to use more digital payment methods, which is anticipated to grow the global market for FDP solutions for fraud detection and prevention. The E-commerce sector comes after the BFSI sector. the increase in phoney e-commerce websites Due to the widespread use of internet services worldwide and the growing purchasing power of consumers, the e-commerce business has experienced rapid growth.

Regional Analysis:

North America, Europe, Asia Pacific, the Middle East & Africa, and South America are the five main geographical regions of the Global Fraud Detection and Prevention Market market.

Global Fraud Detection and Prevention Market Key players:

• ACI Worldwide Inc.
• Arbutus Software Inc.
• Avast Software s.r.o.
• DXC Technology Company
• ESET spol.s r.o.
• Experian plc.
• Fiserv, Inc.
• First Data Corporation
• Fidelity National Information Services, Inc.
• FRISS
• GreatHorn, Inc.
• Guardian Analytics
• IBM Corporation
• LexisNexis Risk Solutions
• SAP SE
• SAS Institute Inc.
• SpyCloud, Inc.

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Research methodology:

A methodical strategy to minimising residual mistakes is taken by Maximize Market Research, which includes limiting the scope, validating with primary insights, and routinely maintaining the internal database. To take into account typical market fluctuations and adjust to any changes in the market's dynamics, a dynamic model is developed. Depending on the particular markets, the variables and qualities covered in the research may alter. The model must most importantly include information from the supply and demand sides in order to calculate the market gap.

A substantial amount of data is gathered and compiled in the early phases of the research process. The obtained data is frequently verified using a variety of sources, including the internal database, paid sources, annual reports of corporations, SEC filings, authorised news releases, price databases, and many more. The complete value chain must be understood in a comprehensive research study. To acquire a comprehensive view of the market taxonomy, we thoroughly examine the annual reports and financials of market participants.

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Issued By akanskha
Business Address maximize market research
Country India
Categories Industry , Internet , Marketing
Tags fraud detection and prevention market , share , analysis
Last Updated January 30, 2023