Fraud Detection and Prevention Market is projected to reach USD 63.79 Bn by 2029, at a CAGR of 13.2% from 2022 to 2029

Bymahesh chavan
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Fraud Detection and Prevention Market Overview

The Fraud Detection and Prevention market overview gives a thorough analysis of the market size, trade statistics, leading market players, and various market metrics such as life cycle, trends, opportunities, etc. Report helps you understand the context of the market economy as a whole.

Fraud Detection and Prevention Market Scope

The report focuses on the major key drivers and restraints for key companies, as well as the current competitive benchmarking and development prospects. The report provides current Fraud Detection and Prevention market trends and future insights in terms of demand, supply chain, and sales, as well as recent changes in the market. Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price, and Gross Margin & Sales by Product are all included in this Fraud Detection and Prevention market research report. For the competitive analysis, the report includes the profile of the key market players in the  market including company overview, financial performance, product portfolio, and strategies. SWOT and PESTLE analysis were used for the research that combines quantitative and qualitative research methods.

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Segmentation

Based on the Deployment Mode, the market is segmented into On-premise, and Cloud. On-premise deployment mode segment is expected hold the largest market share of % by 2029. The on-premises deployment mode is a classic approach in which customers’ in-house servers are used to implement and operate products. Platforms, apps, systems, and data are all under the control of on-premises solutions, which can be handled and maintained by the organization’s IT staff. The use of on-premises deployment mode is higher in businesses where user credentials are crucial for business operations since it can control the systems from the enterprise physical or owned location.

Based on the Vertical, the market is segmented into BFSI, Retail and ecommerce, and Travel and Transportation. BFSI segment is expected to grow rapidly at a CAGR of xx% during the forecast period 2021-2029. This is due to the increased digitalization of banks. Banks in China, India, and Japan are pressuring their customers to adopt more digital payment methods, which is expected to boost the global fraud detection and prevention market for FDP solutions during the forecast period 2021-2029. The BFSI sector is followed by the E-commerce sector. The rise in the number of fake e-commerce sites. The e-commerce market has grown dramatically as a result of the global proliferation of internet services and rising consumer buying power.

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Key Players

• ACI Worldwide Inc.
• Arbutus Software Inc.
• Avast Software s.r.o.
• DXC Technology Company
• ESET spol.s r.o.
• Experian plc.
• Fiserv, Inc.
• First Data Corporation
• Fidelity National Information Services, Inc.
• FRISS
• GreatHorn, Inc.
• Guardian Analytics
• IBM Corporation
• LexisNexis Risk Solutions
• SAP SE
• SAS Institute Inc.
• SpyCloud, Inc

Regional Analysis

Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America are the five regions that make up the Fraud Detection and Prevention market. The regional analysis provided in our report helps you understand the  market in different regions. Every region has different factors such as political, geographic, economic, etc. which are affecting the  market. Local and regional development plans are often affected by the performance of Fraud Detection and Prevention market. The reports help in planning the market strategies which are suitable and appropriately applicable according to specific countries and regions in the market.

Key Questions answered in the Fraud Detection and Prevention Market Report are:

  • What is Fraud Detection and Prevention Market?
  • What is the forecast period of Market?
  • Which product segment grabbed the largest share in the market?
  • What are the factors affecting the market growth?
  • What is the competitive scenario of the market?
  • Who are the key manufacturers in the market?
  • Which region held the largest market share in the Market?
  • What are the opportunities for the Market?

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Key offerings:

Market Share, Size, and Forecast by Revenue|2022-2029

Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends

Market Segmentation: A detailed analysis by Component, Deployment Mode, and Architecture Type

Landscape- Leading key players and other prominent key players.

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