Key Trends Reshaping the eCommerce Fraud Detection And Prevention Market: Advancing E-Commerce Fraud Detection With Ai Technology Industry Transformation

Use code ONLINE20 to get 20% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

eCommerce Fraud Detection And Prevention Market Size Growth Forecast: What to Expect by 2025?
Over the past few years, the ecommerce fraud detection and prevention market has experienced an impressive surge in its size. It is projected to expand from a size of $61.01 billion in 2024 to $73.5 billion in 2025, climbing at a compound annual growth rate (CAGR) of 20.5%. The notable increase during the historical period can be attributed to a multitude of factors, including manual review procedures, rudimentary rule-based systems, restricted payment options, preliminary data analytics, and security protocols.

How Will the eCommerce Fraud Detection And Prevention Market Size Evolve and Grow by 2029?
The market size of ecommerce fraud detection and prevention is anticipated to witness significant expansion in the coming years, rising to $156.31 billion in 2029 with a compound annual growth rate (CAGR) of 20.8%. This projected growth can be credited to factors such as increasing preference for online shopping, the use of advanced machine learning algorithms, behavioral biometrics, and AI-driven automation. Other contributing factors include global data collaboration and sharing, the growth of multi-factor authentication (MFA) and the incorporation of predictive analytics. Future trends expected to influence this market include integration with ecommerce platforms, biometric verification, geolocation and IP analysis, cross-channel fraud prevention, and the use of blockchain technology to secure transactions.

View the full report here:
https://www.thebusinessresearchcompany.com/report/ecommerce-fraud-detection-and-prevention-global-market-report

What Drivers Are Propelling the Growth of eCommerce Fraud Detection And Prevention Market Forward?
The expected surge in eCommerce transactions is anticipated to bolster the eCommerce fraud detection and prevention market's expansion. eCommerce platforms are digital venues where business transactions are primarily carried out. With the surge in eCommerce transactions, there is a heightened need for fraud detection and prevention tools and services in the field. These essentials assist in assessing the potential risk for each transaction and help identify high-risk transactions through algorithm-based analysis. For example, a report by the UK government in November 2023 projected that eCommerce revenues in the UK are expected to rise at a yearly average rate of 12.6% by 2025. Globally, the UK holds the third spot as the largest eCommerce market, after China and the US, with anticipated revenues of $285.60 billion by 2025. Consequently, the boost in eCommerce platforms is propelling the growth of the eCommerce fraud detection and prevention market.

Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=8782&type=smp

Which Emerging Trends Are Transforming the eCommerce Fraud Detection And Prevention Market in 2025?
The integration of advanced technology is an emerging development in the ecommerce fraud detection and prevention market that is gaining significant traction. Prominent corporations in the sector are adopting cutting-edge technologies to maintain their competitiveness in the market. For instance, DG Financial Technology, a renowned payment service provider based in Japan with a strong foothold in the online payment solutions sector, introduced an innovative AI-enabled fraud detection system called Sift in October 2022. Sift is an all-encompassing fraud detection and prevention mechanism that uses the prowess of artificial intelligence to swiftly identify and counteract fraudulent activities on e-commerce platforms and other digital spaces. Its features include recognizing credit card fraud, warding off account takeovers, and reducing the consequences of chargebacks. Through the efficient handling of fraud-related issues, Sift aims to mitigate the losses caused by fraudulent activities, improve overall prevention strategies, and help digital businesses optimize their revenue.

What Are the Key Segments in the eCommerce Fraud Detection And Prevention Market?
The ecommerce fraud detection and preventionmarket covered in this report is segmented -

1) By Type: Cloud Based, On-Premise
2) By Fraud Type: Card Testing, Credit Card Fraud, Friendly Fraud, Identity Theft, Merchant Fraud, Phishing, Refund Fraud
3) By Application: SME, Large Enterprise
4) By Industry: Automotive And Transportation, Banking, Financial Services And Insurance, Consumer Goods And Retail, Education, Government And Public Sector, Healthcare And Life Sciences, Information Technology, Media And Entertainment, Telecommunication, Travel And Hospitality

Subsegments:
1) By Cloud-Based: Software As A Service (SaaS), Platform As A Service (PaaS)
2) By On-Premise: On-Premise Software, Custom Solutions

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=8782&type=smp

Who Are the Key Players Shaping the eCommerce Fraud Detection And Prevention Market's Competitive Landscape?
Major companies operating in the ecommerce fraud detection and prevention market are Forter, Riskified, Signifyd, Kount, Sift, ACI Worldwide, Fiserv PLC, LexisNexis Risk Solutions, Experian, ClearSale, Accertify, FICO, TransUnion, PayPal, ThreatMetrix, Cybersource, RSA Security, IDology, NoFraud, Emailage, Fraud.net, Radial, Pipl, Ekata, iovation, NS8 Inc., Seon, BioCatch, Trustpilot, Feedzai

What Geographic Markets Are Powering Growth in the eCommerce Fraud Detection And Prevention Market?
North America was the largest region in the ecommerce fraud detection and prevention market share in 2024. Europe is expected to be the fastest-growing region in the forecast period. The regions covered in the ecommerce fraud detection and prevention market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=8782

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.

Contact Us
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@tbrc.info

Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.

This release was published on openPR.