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Fraud Detection & Prevention Market Growth Factors, Segmentation, Trends, Opportunities, Key Players and Forecast | Evolve Business Intelligence
As per the study initiated by Evolve Business Intelligence, the global Fraud Detection & Prevention Market size accounted for USD 142.8 Billion in 2022, growing at a CAGR of 16.8% from 2023 to 2033. The Fraud Detection & Prevention (FDP) market refers to the industry focused on developing and providing solutions, technologies, and services designed to detect, mitigate, and prevent fraudulent activities within various sectors. Fraud can take various forms, such as identity theft, payment fraud, cyber fraud, and insider threats, among others. The Fraud Detection & Prevention Market aims to offer tools and strategies to safeguard organizations and individuals from financial losses, reputational damage, and other adverse consequences resulting from fraudulent actions.The Fraud Detection & Prevention Market is dynamic and continually evolving to keep pace with emerging threats and technologies. As the digital landscape expands, the demand for robust fraud detection and prevention measures becomes increasingly critical for organizations to maintain trust, security, and compliance.
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Key Highlights:
• The global Fraud Detection & Prevention Market size was valued at USD 142.8 billion in 2022 growing at a CAGR of 16.8% from 2023 to 2033.
• North America dominated the market in 2022
• Asia Pacific is expected to grow at the highest CAGR from 2023 to 2033
Evolve Business Intelligence has just unveiled its latest market research report focusing on the Global Fraud Detection & Prevention Market. This comprehensive report delves into various facets of the market, including market size and projections, market dynamics, competitor market share analysis, market value and volume, SWOT analysis, product comparisons, recent advancements by major players, and prospective opportunities. Furthermore, the market's evaluation in the dynamic chapter considers four key indicators: Drivers, Constraints, Emerging Trends, and Challenges..
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Key Players
Some of the major Fraud Detection & Prevention Market players holding high market shares include Oracle Corporation, Experian PLC, PayPal Holdings Inc. and Distil Networks Inc. These players use partnership and collaboration as a key strategy to gain significant market share to compete with market leaders.
The key players profiled in the report are:
• iovation Inc.
• IBM Corporation
• CardinalCommerce Corporation
• Oracle Corporation
• Experian PLC
• PayPal Holdings Inc.
• Distil Networks Inc.
• LexisNexis Risk Solutions Company
• Accertify Inc.
• F5 Networks Inc.
Segmental Analysis
Market Segment By Solution
• Fraud Detection
• Authentication
• Data Synthesis
Market Segment By Application
• Insurance Claims
• Money Laundering
• Electronic Payment
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Key Region/ Countries Covered
• North America (US, Canada, Mexico)
• Europe (Germany, U.K., France, Italy, Spain, Russia, Nordic Countries, BeNeLux, Rest of Europe)
• Asia-Pacific (China, India, Japan, South Korea, Indonesia, Malaysia, Rest of Asia Pacific)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa, Rest of MEA)
• Latin America (Mexico, Brazil, Argentina, Rest of Latin America)
Reasons to Buy this Report:
• Comprehensive insights.
• Reliable and accurate data.
• Market size and dataforecast
• Competitive analysis.
• Identification of market opportunities.
• Risk identification and mitigation strategies.
• SWOT analysis.
• TAM Analysis
• Recent industry developments.
• Customization options.
• Expertise and guidance for strategic decision-making
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About EvolveBI
Evolve Business Intelligence is a market research, business intelligence, and advisory firm providing innovative solutions to challenging pain points of a business. Our market research reports include data useful to micro, small, medium, and large-scale enterprises. We provide solutions ranging from mere data collection to business advisory.
Evolve Business Intelligence is built on account of technology advancement providing highly accurate data through our in-house AI-modelled data analysis and forecast tool - EvolveBI. This tool tracks real-time data including, quarter performance, annual performance, and recent developments from Fortune's global 2000 companies.
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