Fraud Detection and Prevention Market Size by Top Countries Data, Industry Analysis by Regions 2029


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” analysis is a specialized and extensive examination of the Fraud Detection and Prevention market, with a particular emphasis on global market trends and analysis. The purpose of the report is to give an overview of the Fraud Detection and Prevention market, as well as extensive market segmentation by type, end-user, and geography of the region. During the predicted period, the Fraud Detection and Prevention market is expected to develop rapidly. The research provides important information on the market position of the Fraud Detection and Prevention market major players, as well as significant market trends and opportunities.

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Market Scope

The report includes a SWOT analysis to assess the Fraud Detection and Prevention market strengths and weaknesses. The research analyst conducts thorough research of the Fraud Detection and Prevention Market size, share, trends, total earnings, gross revenue, and profit margin to precisely anticipate the market and give professional insights to investors to keep them up to speed on market developments.

The report on Fraud Detection and Prevention  Market offers a thorough analysis of the industry that is equipped with a major key finding that includes major market drivers, opportunities, challenges, and growth rate of the Fraud Detection and Prevention market. The report acts as a guide for investors in the industry. The report provides the size of the Fraud Detection and Prevention Market and Compound Annual Growth Rate for the forecast period (2022 to 2029).

Segmentation

The market is divided into On-premise and Cloud segments based on the Deployment Method. By 2029, the on-premise deployment mode segment is anticipated to have a market share of xx%. With the traditional on-premises deployment strategy, customers' internal servers are used to implement and run products. On-premises solutions allow for complete control over platforms, apps, systems, and data, all of which can be managed and maintained by the IT personnel of the company. Since it allows for system control from the enterprise's physical or owned location, on-premises deployment modes are more frequently used in enterprises where user credentials are essential for business operations.

The market is divided into three categories according to vertical: BFSI, Retail and e-commerce, and Travel & Transportation. The BFSI segment is anticipated to expand quickly between 2021 and 2029, with a CAGR of xx%. This is a result of banks becoming more digitally integrated. Over 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 growth of fraudulent e-commerce sites. Due to the widespread use of internet services worldwide and the growing purchasing power of consumers, the e-commerce business has experienced rapid growth.

The Fraud Detection and Prevention market is dominated by North America from 2021 to 2029. By 2029, North America is anticipated to have the biggest market share, or xx%. The largest region for FDP suppliers is North America. It is one of the areas of the world where terrorism financing and money laundering are the biggest problems. Banks, governments, and financial institutions in this region must use cutting-edge technology techniques for managing fraud because fraud risks are only becoming worse. Protecting enterprise-critical infrastructures and sensitive data has emerged as one of the key problems as the globe progresses towards interconnectivity and digitalization. In terms of cybersecurity vendor presence, North America, a technologically advanced region, is at the top of the list. These are the elements that are anticipated to fuel growth.

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.

Regional Analysis

The Fraud Detection and Prevention market research provides the market area, which is further divided into sub-regions and countries. This section of the report contains information on profit forecasts as well as market share in each country. This part of the report discusses each region, country, and sub-market region's share and growth rate over the estimated time.

The report provides a PESTLE analysis for all five regions namely North America, Europe, Asia Pacific, Middle East, Africa, and South America for the Fraud Detection and Prevention market.

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Key Questions answered in the Fraud Detection and Prevention Market Report are:

  • What is Fraud Detection and Prevention Market?
  • What is the forecast period of the Fraud Detection and Prevention Market?
  • What is the competitive scenario of the Fraud Detection and Prevention market?
  • Which region held the largest market share in the Fraud Detection and Prevention Market?
  • What are the opportunities for the Fraud Detection and Prevention Market?
  • What factors are affecting the Fraud Detection and Prevention market growth?
  • Who are the key players of the Fraud Detection and Prevention market?
  • Which company held the largest share in the Fraud Detection and Prevention market?
  • What will be the CAGR of the Fraud Detection and Prevention market during the forecast period?
  • What key trends are likely to emerge in the Fraud Detection and Prevention market in the coming years?

Key offerings:

  • Market Share, Size, and Forecast by Revenue|2022-2029
  • Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
  • Market Segmentation: A detailed analysis by Fraud Detection and Prevention market
  • Landscape- Leading key players and other prominent key players. 

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Published in

Computers , Blogs

Published on

Mar 06, 2023

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