Fraudulent activities can encompass a wide range of cases, including money laundering, cybersecurity threats, tax evasion, fraudulent insurance claims, forged bank checks, identity theft, and terrorist financing, and is prevalent throughout the financial institutions, government, healthcare, public sector, and insurance sectors. The market for fraud detection and prevention worldwide is expected to reach USD 27,354 million by 2028, recording a CAGR of 12.3% over the forecast period as per the latest report by Gen Consulting Company.

The report provides in-depth analysis and insights regarding the current global market scenario, latest trends and drivers into global fraud detection and prevention market. It offers an exclusive insight into various details such as market size, key trends, competitive landscape, growth rate and market segments. This study also provides an analysis of the impact of the COVID-19 crisis on the fraud detection and prevention industry.

This industry report offers market estimates and forecasts of the global market, followed by a detailed analysis of the solution, scale of end user, end user, and region. The global market for fraud detection and prevention can be segmented by solution: fraud analytics, authentication, others. Fraud detection and prevention market is further segmented by scale of end user: large enterprises, small and medium-sized enterprises (SMEs). Based on end user, the fraud detection and prevention market is segmented into: BFSI, telecom, retail, healthcare, manufacturing, others. On the basis of region, the fraud detection and prevention market also can be divided into: North America, Asia Pacific, Europe, Rest of the World (ROW).

By solution:
– fraud analytics
– authentication
– others

By scale of end user:
– large enterprises
– small and medium-sized enterprises (SMEs)

By end user:
– BFSI
– telecom
– retail
– healthcare
– manufacturing
– others

By region:
– North America
– Asia Pacific
– Europe
– Rest of the World (ROW)

The report has also analysed the competitive landscape of the global fraud detection and prevention market with some of the key players being Callsign Inc., DataVisor, Inc., Fair Isaac Corporation (FICO), Featurespace Limited, Feedzai Inc., Fiserv, Inc., Forter, Ltd., GB Group plc, International Business Machines Corporation (IBM), LexisNexis Risk Solutions Group, NICE Ltd., OneSpan Inc., Ping Identity Corporation, Riskified Ltd., SAS Institute Inc., ThreatMark s.r.o., Visa Inc. (CyberSource Corporation), among others.
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Historical & Forecast Period
This research report provides analysis for each segment from 2018 to 2028 considering 2021 to be the base year.

Scope of the Report
– To analyze and forecast the market size of the global fraud detection and prevention market.
– To classify and forecast the global fraud detection and prevention market based on solution, scale of end user, end user, region.
– To identify drivers and challenges for the global fraud detection and prevention market.
– To examine competitive developments such as mergers & acquisitions, agreements, collaborations and partnerships, etc., in the global fraud detection and prevention market.
– To identify and analyze the profile of leading players operating in the global fraud detection and prevention market.

Why Choose This Report
– Gain a reliable outlook of the global fraud detection and prevention market forecasts from 2022 to 2028 across scenarios.
– Identify growth segments for investment.
– Stay ahead of competitors through company profiles and market data.
– The market estimate for ease of analysis across scenarios in Excel format.
– Strategy consulting and research support for three months.
– Print authentication provided for the single-user license.