Fraud Detection and Prevention Market Ahead of the Curve: 2031 Market Trends and Outlook – CAGR of 12.3%

As per the latest report By Report Ocean titled ” Fraud Detection and Prevention Market Analysis and Forecast from 2023 to 2031″, the industry is experiencing substantial growth and offers immense potential for investors and stakeholders. The report includes an in-depth analysis of the market, covering a comprehensive range of factors that impact the market’s growth trajectory.

This Fraud Detection and Prevention Market has recently been analyzed in a market research report, which segments it based on Regions, Country, Company, and other Segments. Key Players are currently dominating the global market and have implemented various strategies to increase their market share and strengthen their position in the industry. This report can serve as a valuable resource for stakeholders and other participants in market to gain a competitive advantage for their business needs.

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Fraudulent activities can encompass a wide range of cases, including money laundering, cybersecurity threats, tax evasion, fraudulent insurance claims, forged bank checks, identity theft, and terrorist financing, and is prevalent throughout the financial institutions, government, healthcare, public sector, and insurance sectors.

Garnering a CAGR of 12.3% from 2022 to 2028, the global fraud detection and prevention market is projected to reach worth of USD 27,354 million by 2028-end, according to a new report by Report Ocean.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global fraud detection and prevention market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the fraud detection and prevention industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the solution, scale of end user, end user, and region. The global market for fraud detection and prevention can be segmented by solution: fraud analytics, authentication, others. Fraud detection and prevention market is further segmented by scale of end user: large enterprises, small and medium-sized enterprises (SMEs). Based on end user, the fraud detection and prevention market is segmented into: BFSI, telecom, retail, healthcare, manufacturing, others. On the basis of region, the fraud detection and prevention market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By solution:

fraud analytics
authentication
others

By scale of end user:
large enterprises
small and medium-sized enterprises (SMEs)

By end user:
BFSI
telecom
retail
healthcare
manufacturing
others

By region:
North America
Asia Pacific
Europe
Rest of the World (ROW)

The report also provides a detailed analysis of several leading fraud detection and prevention market vendors that include Callsign Inc., DataVisor, Inc., Fair Isaac Corporation (FICO), Featurespace Limited, Feedzai Inc., Fiserv, Inc., Forter, Ltd., GB Group plc, International Business Machines Corporation (IBM), LexisNexis Risk Solutions Group, NICE Ltd., OneSpan Inc., Ping Identity Corporation, Riskified Ltd., SAS Institute Inc., ThreatMark s.r.o., Visa Inc. (CyberSource Corporation), among others.

Historical & Forecast Period

This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
To analyze and forecast the market size of the global fraud detection and prevention market.
To classify and forecast the global fraud detection and prevention market based on solution, scale of end user, end user, region.
To identify drivers and challenges for the global fraud detection and prevention market.
To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global fraud detection and prevention market.
To identify and analyze the profile of leading players operating in the global fraud detection and prevention market.

Why Choose This Report
Gain a reliable outlook of the global fraud detection and prevention market forecasts from 2022 to 2028 across scenarios.
Identify growth segments for investment.
Stay ahead of competitors through company profiles and market data.
The market estimate for ease of analysis across scenarios in Excel format.
Strategy consulting and research support for three months.
Print authentication provided for the single-user license.

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Table of Content:

  • Report Overview
  • Global Growth Trends
  • Competition Landscape by Key Players
  • Data Segments
  • North America Market Analysis
  • Europe Market Analysis
  • Asia-Pacific Market Analysis
  • Latin America Market Analysis
  • Middle East & Africa Market Analysis
  • Key Players Profiles Market Analysis
  • Analysts Viewpoints/Conclusions
  • Appendix

Key Reasons to Purchase this Report:

Strategic Direction: This research report provides insightful analysis and strategic advice for senior executives, decision-makers, professionals, sales managers, and other market stakeholders working in this space. It aids in decision-making and offers strategic recommendations for product advancements.

Comprehensive Analysis: Both economic and non-economic aspects are taken into account in the report’s thorough qualitative and quantitative analysis of the market. For a complete knowledge of market dynamics, it contains a segment breakdown with market evaluations expressed in terms of value (USD Billion) for each segment.

Growth Opportunities: The research highlights the geographies and market categories predicted to expand at the highest rates, potentially positioning them to dominate their respective markets. It offers a thorough examination of consumption trends in various geographic areas and highlights the variables affecting regional market trends.

Competitive Landscape: The competitive landscape section lists the top market rivals and discusses current business expansions, collaborations, product launches, and acquisitions. This data makes it easier to evaluate significant players’ market positions.

Detailed Company Profiles: These include their company description, insights, product benchmarking, and SWOT analysis, providing a thorough picture of the major market participants. Stakeholders are able to assess the advantages and disadvantages of the leading market players due to these profiles.

Future Market Outlook: The study presents recent trends, growth prospects, drivers, challenges, and restraints in both emerging and developed regions. It also includes current and future market outlooks. It gives stakeholders knowledge of potential industry trends and aids in their prediction of upcoming market dynamics.

Industry Analysis: Using Porter’s Five Forces Analysis, the research provides a comprehensive analysis of the industry, looking at factors such as the bargaining power of customers and suppliers, rivalry among businesses, the threat of alternative products, and the threat of new entrants. This research helps to comprehend how fiercely the market is competitive.

Value Chain Insights: Through a thorough examination of the value chain, the research offers insightful information about the market. This aids stakeholders in comprehending the main processes and actors involved in the creation and supply of the good or service.

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About Report Ocean:

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