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Fraud Detection and Prevention (FDP) Market Share

Report ID: GMI1775
Published Date: Dec 2022
Report Format: PDF

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Fraud Detection and Prevention Market Share

Major players involved in the fraud detection and prevention market are

AVG Technologies
Fiserv, Inc.
FRISS
IBM Corporation
SAP SE
SAS Institute Inc.
SpyCloud, Inc.

These companies are implementing numerous tactics, such as portfolio diversification, new product development, and mergers and acquisitions, to expand their business.

Authors: Preeti Wadhwani

Frequently Asked Questions (FAQ) :

The market size of fraud detection and prevention was crossed USD 30 billion in 2022 and is set to record a CAGR of 25% from 2023 to 2032 on account of the increasing use of electronic and digital payment platforms globally.

The education sector is projected to reach USD 8.5 billion by 2032 due to the lack of internal controls and management evaluations for internal frauds across the educational sector.

The market for fraud detection and prevention in Europe was held over 27.5% of the revenue share in 2022 and is poised to exhibit substantial growth owing to the growing consumer preference for online shopping, coupled with the proliferation of digital payment methods.

The prominent companies operating in the global market are AVG Technologies, Fiserv, Inc., FRISS, IBM Corporation, SAP SE, SAS Institute Inc., and SpyCloud, Inc., among others.