The persuasive Fraud Detection and Prevention market research report makes available fluctuations in CAGR values during the forecast period of 2021-2028 for the market. This wide ranging market study also analyzes the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, distributors and Porter's Five Forces Analysis. The competitive landscape section of the report emphasizes on understandable insight about the market share analysis of major industry players. The report offers all-encompassing study about production capacity, consumption, import and export for all the major regions across the world. What is more, businesses can gain insights into profit growth and sustainability programme with an influential Fraud Detection and Prevention market report.
Data Bridge Market Research analyses that the global fraud detection and prevention market which was USD 198.70 million in 2022, is expected to reach USD 245.60 million by 2030, and is expected to undergo a CAGR of 11.65% during the forecast period of 2023 to 2030.
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Market Overview:
The market encompasses technologies, solutions, and services designed to detect, prevent, and mitigate fraudulent activities across various industries and sectors worldwide. Fraud detection and prevention solutions aim to identify and mitigate risks associated with fraudulent activities such as identity theft, payment fraud, insurance fraud, cyber fraud, and other forms of financial fraud.
Some of the major players operating in the global fraud detection and prevention market are:
- InterGuard (U.S.)
- Software AG (Germany)
- NCR Corporation (U.S.)
- Capgemini (France)
- DXC Technology Company (U.S.)
- LexisNexis (U.S.)
- Splunk Inc. (U.S.)
- Microsoft (U.S.)
- Bloombase (China)
- Symantec (U.S.)
- Intel Security (U.S.)
Global Fraud Detection and Prevention Market Country Analysis/Insights
The global fraud detection and prevention market is analysed and market size insights and trends are provided by country, component, application area, deployment mode, organization size, and vertical as referred above.
The countries covered in the global fraud detection and prevention market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E., Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
North America dominates the global fraud detection and prevention market and will continue to flourish its trend of dominance during the forecast period due to the deployment of EMV chips by users for payment and transactions in this region.
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