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Fraud Detection and Prevention (FDP) Market Is Likely to Experience a Tremendous Growth by 2029

11-02-2023 06:00 AM CET | IT, New Media & Software

Press release from: Orion Market Research

Fraud Detection and Prevention (FDP) Market Is Likely

Fraud Detection and Prevention (FDP) Market is anticipated to grow at a considerable CAGR of 18.3% during the forecast period. The major factor driving the global FDP market is increased utilization of advanced technology to bring new FDP solutions in the market to prevent the frauds. The hackers and fraudsters are using advanced technologies to hack the credentials of various banks, insurance companies, healthcare companies and individuals. In order to prevent such hacking attacks and frauds various solutions are being launched by using advanced technology. For instance, in September 2021, a new emergency hotline had been launched to check and report financial as they take place. According to this technology if a potential victim dials 159, it will be automatically connected to their bank's fraud prevention service. This technology can be proved as an effective solution for fraud detection due to which its market can grow in future. 

Further, in November 2021, ACI Worldwide launched a network intelligence technology to fight the real-time payments fraud. The new technology enables banks, and payment providers to share fraud signals industry-wide by effectively serving their machine learning models and technology. The launch is focused on preventing real-time payments fraud as COVID-19 had given rise in attacks on real-time payment channels and targeting innocent customers through phishing. As the technology focuses on preventing frauds, financial crimes and save customers from being hacked, it will contribute in the FDP market growth. 

To Request a Sample of our Report on Fraud Detection and Prevention (FDP) Market:  https://www.omrglobal.com/request-sample/fraud-detection-and-prevention-fdp-market

Market Coverage

The market number available for - 2022-2030
Base year- 2022
Forecast period- 2023-2030

Segment Covered- 

By Fraud Type
By Component
By Vertical

Regions Covered-

North America
Europe
Asia-Pacific
Rest of the World

Competitive Landscape- Accertify, Inc., ACI Worldwide., Amazon Web Services, Inc., BAE Systems., DataVisor, Inc., Experian Information Solutions, Inc., F5, Inc., Feedzai, FICO, FIS, and others. 

FDP Market Report by Segment

By Fraud Type

Identity Fraud
Online Fraud
Investment Fraud
Payment Fraud
Insurance Fraud
Credit & Debit Fraud
Others (Ponzi Schemes, Corporate Fraud)

By Component

Solution
Service

By Vertical

Banking
Insurance
Government
Healthcare
E-commerce
Others (Education, IT & Telecom)

A full Report of Fraud Detection and Prevention (FDP) Market is Available @  https://www.omrglobal.com/industry-reports/fraud-detection-and-prevention-fdp-market

 FDP Market Report by Region

North America

United States
Canada

Europe

UK
Germany
Spain
France
Italy
Rest of Europe

Asia-Pacific

India
China
Japan
South Korea
Rest of APAC

Rest of the World

Latin America 
Middle East & Africa

Company Profiles 

Accertify, Inc.
Amazon Web Services, Inc.
Experian Information Solutions, Inc.
F5, Inc.
Feedzai
FIS
Fiserv, Inc.
FRISS Inc
GURUCUL
Kount Inc. 
LexisNexis Risk Solutions Group.
NICE Ltd. 
OneSpan
PayPal Payments Private Ltd.
PerimeterX, Inc.
RSA Security LLC
SAS Institute Inc.
Securonix 
Software AG
Trans Union LLC
Visa

Reasons to buy from us -

We cover more than 15 major industries, further segmented into more than 90 sectors.
More than 120 countries are for analysis.
Over 100+ paid data sources mined for investigation.
Our expert research analysts answer all your questions before and after purchasing your report.

Media Contact:

Company Name: Orion Market Research

Contact Person: Mr. Anurag Tiwari

Email: info@omrglobal.com

Contact no:  +91 7803040404

About Orion Market Research 
Orion Market Research (OMR) is a market research and consulting company known for its crisp and concise reports. The company is equipped with an experienced team of analysts and consultants. OMR offers quality syndicated research reports, customized research reports, consulting and other research-based services. The company also offer Digital Marketing services through its subsidiary OMR Digital and Software development and Consulting Services through another subsidiary Encanto Technologies.

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