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The global fraud detection and prevention market size was valued at USD 18.5 billion in 2022 and is poised to grow at a significant CAGR of 23.5% during the forecast period 2023-29. It also includes market size and projection estimations for each of the five major regions from 2023 to 2029. The research report includes historical data, trending features, and market growth estimates for the future. Furthermore, the study includes a global and regional estimation and further split by nations and categories within each region. The research also includes factors and barriers to the fraud detection
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Market Overview: The Global Fraud Detection and Prevention Market size was valued at USD 18.5 billion in 2022 and is poised to grow at a significant CAGR of 23.5% during the forecast period 2023-29. The Fraud Detection and Prevention Market research report also provides opportunities for business owners to exploit through use of relevant approaches. The study’s prospects assist stakeholders and report purchasers in properly planning their investments and augmenting their profits. The report provides a quantitative analysis of the market segments, trends, estimations, and dynamics of the Fraud Detection and Prevention Market analysis from 2023 to 2029 to identify the prevailing market opportunities. In addition, the report discusses the implications of COVID-19, including the industry's initial response and strategies for ensuring business continuity in the coming years. View Detailed Report Description 2
Market Segments: The Fraud Detection and Prevention Market has been fragmented based on: 1) By Solution: Fraud Analytics, Authentication, GRC Solutions and Others (account management and fraud investigation)) 2) By Services: Professional Services and Managed Services 3) By Development mode: Cloud and On-premises 4) By Application Area: Identity Theft, Payment Frauds, Money Laundering and Others (banking transactions and fund transfers)) 5) By End User: BFSI (Banking Financial services and Insurance), Retail, Telecommunication, Government/Public Sector, Healthcare, Real Estate, Energy and Power, Manufacturing and Others (travel and transportation media and entertainment and life sciences)) 6) By Geography: North America, Latin America, Asia Pacific, The Middle East and Africa, Europe Request Sample Report 3
Key Players: Some of the major key players in the Fraud Detection and Prevention Market are: • • • • • • • • • • • • • FICO (US) SAS Institute (US) BAE Systems (UK) DXC Technology (US) SAP (Germany) ACI Worldwide (US) Fiserv (US) NICE Systems (Israel) Experian (US) LexisNexis Risk solutions (US) Iovation (US) Friss (Netherlands) Dell technologies (US) Request Sample Report 4
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