Key Trend Reshaping the Fraud Hunters Market in 2025: AI-Powered Innovations In Fraud Hunting Is Exploring The Landscape Of Machine Learning And Security Evasion Competitions

What industry-specific factors are fueling the growth of the fraud hunters market?
The escalation of intellectual and financial crimes is predicted to fuel the expansion of the fraud hunter market in the future. Intellectual theft encompasses the act of unlawfully acquiring creative works, innovations, emblems, or logos that are protected under trade secrets, trademarks, copyrights, or patents and owned by a specific individual or business. Fraud hunters assist owners of web and mobile services in tracking users' activity and probing potential abuses to mitigate intellectual and monetary theft. For example, in February 2024, an article by The American Association of Retired Persons (AARP), a non-profit organization based in the US, stated that fraud and have become a significant issue, as consumers reported losses of $10 billion in 2023, a surge from $9 billion in 2022. The FTC registered 2.6 million fraud complaints in the previous year, with an average loss of $500, and about 100,000 people reported losses exceeding $10,000. Consequently, the uptick in intellectual and monetary theft is propelling the growth of the fraud hunting market.

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What Is the projected market size and growth rate for the fraud hunters market?
The market for fraud hunters has seen robust growth in the recent past. The market, valued at $8.14 billion in 2024, is predicted to expand to $9.32 billion in 2025, displaying a compound annual growth rate (CAGR) of 14.4%. This surge during the historical timeframe is credited to factors such as growing cybercrime, an upswing in digital transactions, strengthening regulatory compliance, geographical expansion, and enhanced connectivity.

The market size for fraud detection is projected to experience a fast-paced escalation in the impending years. It is set to expand to $17.17 billion by 2029, at a compound annual growth rate (CAGR) of 16.5%. The projected growth in the upcoming period is primarily due to factors like the development of machine learning and AI, big data analytics, behavioral analytics, collaboration and sharing of information, and integration with cybersecurity infrastructures. The key trends expected in the forecast period include digital shift and online transactions, extensive data and enhanced analytic tools, machine learning and artificial intelligence, cooperative and information exchange networks, and technological progress.

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What new trends are reshaping the fraud hunters market and its opportunities?
The escalating adoption of artificial intelligence and machine learning is a prominent trend gaining traction in the fraud hunting sector. Leading corporations in the fraud hunter sector are centering their strategies on artificial intelligence and machine learning to maintain their standing in the market. For instance, in October 2024, US-based tech firm Google, which focuses on online advertising and search engine technology, unveiled a comprehensive fraud protection initiative in India specifically targeting apps downloaded from Internet-sideloading sources. The goal of this program is to fight the growing issue of cyber fraud, which has had a significant negative impact on Indian consumers, leading to significant financial losses. By utilizing sophisticated security mechanisms and machine learning tech, Google aims to shield users from malicious applications and boost overall digital safety.

What major market segments define the scope and growth of the fraud hunters market?
The fraud hunters market covered in this report is segmented -

1) By Type of Fraud: Financial Statement Fraud, Healthcare, Insurance And Banking Fraud, Consumer Fraud, Intellectual Property Fraud, Other Types Of Fraud
2) By Organization Size: SMEs, Large Organizations
3) By Application: Defense, Government, Banks And Financial Institution, Other Applications

Subsegments:
1) By Financial Statement Fraud: Revenue Recognition Fraud, Asset Misappropriation, Earnings Management
2) By Healthcare, Insurance, And Banking Fraud: Medical Billing Fraud, Insurance Claim Fraud, Loan Fraud
3) By Consumer Fraud: Credit Card Fraud, Identity Theft, Tele marketing Fraud
4) By Intellectual Property Fraud: Trademark Infringement, Patent Fraud, Copyright Violation
5) By Other Types Of Fraud: Tax Fraud, Cyber Fraud, Investment Fraud

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Which region dominates the fraud hunters market?
North America was the largest region in the fraud hunt market in 2024.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fraud hunters market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Which key market leaders are driving the fraud hunters industry growth?
Major companies operating in the fraud hunters market include Experian Information Solutions Inc., Oracle Corporation, International Business Machines Corporation (IBM), Fair Isaac Corporation (FICO), Fiserv Inc, Fidelity National Information Services Inc (FIS), SAP SE, National Cash Register Corporation (NCR), Fraud Hunter, Zoi, Equifax Inc, Riskified, Sift Science Inc., Signifyd, Forter, ACI Worldwide Inc., BAE Systems, NICE Actimize, LexisNexis Risk Solutions Inc., Feedzai Inc., Featurespace, Kount Inc., RSA Security LLC, ThreatMetrix, White Ops, BioCatch Ltd., NuData Security Inc., Securonix Inc., Splunk Inc., LogRhythm Inc., McAfee LLC, Symantec Corporation, CrowdStrike Inc., FireEye Inc., Palo Alto Networks Inc., Check Point Software Technologies Ltd., Broadcom Inc., Comodo Security Solutions Inc.

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What Is Covered In The Fraud Hunters Global Market Report?

•Market Size Forecast: Examine the fraud hunters market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the fraud hunters market for a structured understanding.
•Key Players Overview: Analyze major players in the fraud hunters market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the fraud hunters market.
•Segment Contributions: Evaluate how different segments drive overall growth in the fraud hunters market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the fraud hunters market.
•Industry Challenges: Identify potential risks and obstacles affecting the fraud hunters market.
•Competitive Landscape: Review strategic developments in the fraud hunters market, including expansions, agreements, and new product launches.

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