Press release
AI in Fraud Management Predicted to Reach $15.64 Billion in 2025 With A CAGR of 19.8%
AI In Fraud Management Market Outlook
What Is The Projected Market Size Of The AI In Fraud Management Global Market Report 2025 And Its Growth Rate?
The AI in Fraud Management Market is undergoing significant expansion.
• Projected Market Size in 2025: $15.64 billion
• CAGR for 2024 to 2025: 19.8%
• Expected Market Size in 2029: $31.69 billion
• CAGR for 2025 to 2029: 19.3%
What Is Driving The Growth In The AI In Fraud Management Global Market Report 2025?
The increasing popularity of digital payments and cross-border transactions is significantly propelling the growth of the AI in Fraud Management market. These transactions offer convenience as they can be made anytime, anywhere, using mobile or computer devices. To maintain security and integrity in these systems, AI integration is vital to prevent fraudulent activities. For instance, the National Payments Corporation of India reported an overall transaction value of UPI at INR 125.95 trillion (USD 1.52 trillion) at the end of 2022, which was a 1.75 times increase from the previous year. This value even accounted for over 86% of India's GDP in FY 22. Therefore, the increasing popularity of digital payments drives the expansion of the AI in Fraud management market.
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Who Are the Key Players Driving AI In Fraud Management Global Market Report 2025 Growth?
The prominent companies contributing to the AI in Fraud Management market growth include:
• Trusteer
• Hewlett Packard Enterprise
• BAE Systems plc
• Capgemini SE
• Cognizant Technology Solutions India Private Limited
• SAS Institute Inc.
• Splunk Inc.
• Temenos AG
• Shift Technology SAS
• Pelican Products Inc.,
• Riskified Ltd.
• NICE Actimize Inc.
What Are The Key Trends In The AI In Fraud Management Global Market Report 2025?
Key trends contributing to the AI in Fraud Management market growth are:
• Rapid technological advancements
• Regulatory compliance
• Collaborative fraud detection networks
• Behavioral biometrics adoption
• Convergence of AI and blockchain
What Are The Segments Of The AI In Fraud Management Global Market Report 2025?
The AI in Fraud Management Market is segmented by:
1) Solution: AI-Powered Fraud Prevention Software, Services
2) Enterprise Size: Small and Medium Enterprises (SMEs), Large Enterprises
3) Application: Identity Theft Protection, Payment Fraud Prevention, Anti-Money Laundering, Other Applications
4) Industry: Banking, Financial Services and Insurance, IT and Telecom, Healthcare, Government, Education, Retail and Consumer Packaged Goods (CPG), Media and Entertainment, Other Industries
Which Region Leads The AI In Fraud Management Global Market Report 2025?
North America was the largest region in the AI in Fraud Management market in 2024. The report covers other key regions including Asia-Pacific, Western Europe, Eastern Europe, South America, Middle East, and Africa.
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What Is Covered In The AI In Fraud Management Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the AI In Fraud Management Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the AI In Fraud Management Global Market Report 2025 for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall AI In Fraud Management Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the AI In Fraud Management Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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