Fraud Detection and Prevention Market Growth, Demand and Challenges of the Key Industry Players 2024-32
                     Global Fraud Detection 
and Prevention Market 
Research and Forecast 
Report 2024-2032
Format: PDF+EXCEL
© 2023 IMARC All Rights Reserved 
About IMARC Group
In ternat ional  Market  Analys is  Research and Consul t ing Group is  a leading adv iser  on management  
s t rategy and market  research wor ldwide.  We par tner  wi th c l ients  in  a l l  regions and indust ry  
vert ica ls  to  ident i fy  thei r  h ighest -value oppor tuni t ies,  address thei r  most  cr i t ica l  chal lenges,  and 
t ransform thei r  bus inesses.
IMARC’s in format ion products  inc lude major market ,  sc ient i f ic ,  economic and technological  
developments  for  bus iness leaders  in  pharmaceut ica l ,  indust r ia l ,  and h igh technology 
organizat ions.  Market  forecasts  and indust ry  analys is  for  b iotechnology,  advanced mater ia ls ,  
chemicals ,  food and beverage,  t ravel  and tour ism, nanotechnology and novel  process ing methods 
are at  the top of  the company’s  exper t ise.
IMARC’s ta i lored approach combines unfathomable ins ight  in to the dynamics o f  companies and 
markets wi th c lose cooperat ion at  a l l  levels  of  the c l ient  organizat ion.  This ensures that  our  c l ients 
achieve unmatchable compet i t ive advantage,  bui ld  more pro f ic ient  organizat ions,  and secure 
las t ing resul ts .
Acco r d ing  t o  t he  l a t es t  r epo r t  b y  I M A RC G r oup ,  t i t l ed  "F raud  Det ec t i on  and  
Pre ve nt i on  M arke t :  G l oba l  I ndus t ry  T r ends ,  Share ,  S i z e ,  G ro w t h ,  O ppo r t un i t y  
and  Fo recas t  2024 - 203 2 , "  t he  g lob a l  f r au d  de t e c t i on  a nd  p r e ven t io n  m ar k e t  s i ze  
r eac hed  US$  3 5 . 0  B i l l i on  in  202 3 .
Report Fr au d  de t ec t i o n  and  p r ev en t i o n  i nc lu des  va r i ou s  au t om a t e d  so lu t i ons  t ha t  en ab le  o r ga n i za t i ons  t o  de t e c t  as  we l l  as  ass i s t  i n  t a k ing  r equ i r ed  m eas u r es  t o  p r ev en t  
f r au du len t  ac t i v i t i es .  These  s t r a t eg ie s  heav i l y  r e l y  on  s t a t i s t i ca l  d a t a  ana l y s i s  
Highlight and t ech n ique s  a nd  a r t i f i c ia l  i n t e l l i gen ce  ( A I )  t o  m in i m ize  f r a ud  d e t ec t i on  t im e  a nd  
p r oc ess  t r ans ac t i on s  i n  a  f a s t  m anne r .  
Thes e  so lu t i ons  a r e  a l so  w ide l y  i n t eg r a t ed  w i t h  va r i ous  s t a t e - o f - t he - a r t  t ec hno lo g ies  
Description t o  p r ocu r e  i l l ega l l y  s t o len  r es ou r c es  and  e f f ec t i v e l y  r ed uce  t he  r e pe r c uss io ns  o f  
scam s .  They  a r e ,  t he r e f o r e ,  w ide l y  dep lo yed  i n  nu m er o us  o r gan i z a t i ons  t o  im p r ove  
ope r a t i ona l  e f f i c i e ncy  wh i l e  ens u r ing  p r op e r  s ecu r i t y  o f  t he i r  f i nan c ia l  and  ne t w o r k  
so lu t i ons .
Reque st  f o r  a  P DF  s ampl e  o f  t h i s  repor t :  
h t t p s : / / www. im ar c g r ou p . com / f r aud - de t ec t i on - p r even t i on - m ar k e t / r eque s t sam p le
Report Description
G l ob a l  F raud  Det e c t i on  and  Prev ent i on  M arke t  T re nds :
The  g loba l  m a r ke t  i s  p r im ar i l y  d r i ven  by  t h e  r i s i ng  conce r ns  r ega r d ing  d ig i t a l  f r a uds .  W i t h  t he  g r o w ing  adop t i on  o f  
d ig i t i z a t i on  ac r o ss  n um e r ous  i ndus t r y  ve r t i ca l s ,  t he r e  ha s  be en  a  r i se  i n  t he  i n c iden ces  o f  c ybe r c r im es  an d  cy be r  f r au ds  
ac r o ss  t h e  g lo be .  Th i s  h as  im p e l l ed  n um e r ous  c om pa n ies  t o  i n t e g r a t e  t he i r  sys t e m s  w i t h  f r a ud  de t ec t i on  an d  p r ev en t i o n  
so lu t i ons ,  wh ich  i s  p r ov id ing  a n  im p e t us  t o  t he  m ar ke t  g r ow t h .  M o r eove r ,  t h e r e  h as  been  a  g r ow ing  p r e f e r ence  f o r  on l i n e  
bank in g  so lu t i on s  am ong  t he  m asse s .  
A long  w i t h  t h is ,  d ig i t a l  pay m en t  app s  a nd  c r oss - bo r d e r  t r an sac t i o ns  a r e  a l so  ga in i ng  w idesp r ead  p r om ine nc e  o n  t h e  
g loba l  l eve l ,  w h i ch  has  co n t r i b u t ed  t o  t he  r i s i ng  num be r  o f  f r aud u len t  c ases  t h a t  i nvo l v e  da t a  b r each es ,  pa ym en t  f r auds  
and  i den t i t y  t he f t s .  Th i s  h as  enco u r ag ed  o r gan iz a t i o ns  t o  dep loy  t hese  so lu t i ons  t o  ass i s t  t hem  in  p r ed i c t i ng  conve n t i on a l  
f r aud  t a c t i c s  and  cons t an t l y  dec iphe r ing  s oph is t i ca t ed  sc hem es .  Fu r t he r m or e ,  t he  i nc r eas ing  p opu la r i t y  o f  e - c om m er c e  
po r t a l s  h as  a l so  f ac i l i t a t ed  t he  g r o w ing  dem and  f o r  cus t om e r - ce n t r i c  f r au d  p r e ven t i on  t e chn iqu es  t ha t  a r e  c r uc ia l  t o  
bus ine ss  sec u r i t y  s t r a t eg y .  The i r  u se  a ids  i n  b r i d g ing  t he  gap  be t ween  enh ance d  pay m en t  e xpe r ie nce  and  sec u r i t y ,  
t he r e by  c r ea t in g  a  pos i t i ve  o u t l ook  f o r  t he  m ar k e t .
Vi ew  Repo r t  T O C,  F i g ures  and  T ab l e s :  h t t ps : / / w w w . i mar cgrou p . com / f r aud- de t e c t i on - pre vent i on - m arke t
Breakup by Component:
• Solutions
• Services  
Breakup by Application:
• Ident ity Theft
Report • Money Laundering
Segmentation • Payment Fraud
• Others
Breakup by Organization Size:
• Small  and Medium Enterprises
• Large Enterprises
Breakup by Vertical:
• BFSI
• Government and Defense
• Healthcare
• IT  and Telecom
• Manufactur ing
Report • Retai l  and E-Commerce
Segmentation • Others
Breakup by Region:
• North America
• Asia-Pacifi c
• Europe
• Latin America
• Middle East and Afr ica
• ACI Worldwide Inc.
• BAE Systems
• Cybersource Corporation (Visa Inc.)
• DXC Technology Company
Competitive • Experian plc
• Fiserv Inc.
Landscape 
• Global  Payments Inc.
with Key • International  Business Machines Corporat ion
Players • Oracle Corporat ion
• SAP SE
• SAS Inst i tute Inc.
• Software AG
• Total  System Services Inc.
How big is the global fraud detection and 
prevention market?
What is the expected growth rate of the global 
fraud detection and prevention market during 
2024-2032?
Key 
Questions What are the key factors driving the global fraud detection and prevention market?
Answered in 
What has been the impact of COVID-19 on the 
the Report global fraud detection and prevention market?
What is the breakup of the global fraud 
detection and prevention market based on the 
component?
What is the breakup of the global fraud 
detection and prevention market based on the 
application?
What is the breakup of the global fraud 
detection and prevention market based on the 
organization size?
What is the breakup of the global fraud 
detection and prevention market based on the 
Key vertical?
Questions What are the key regions in the global fraud detection and prevention market?
Answered in 
Who are the key players/companies in the 
the Report global fraud detection and prevention market?
1     P r e f a c e
2     S c o p e  a n d  M e t h o d o l o g y
    2 . 1     O b j e c t i v e s  o f  t h e  S t u d y
    2 . 2     S t a k e h o l d e r s
    2 . 3     D a t a  S o u r c e s
        2 . 3 . 1     P r i m a r y  S o u r c e s
        2 . 3 . 2     S e c o n d a r y  S o u r c e s
    2 . 4     M a r k e t  E s t i m a t i o n
        2 . 4 . 1     B o t t o m - U p  A p p r o a c h
Table of         2 . 4 . 2     T o p - D o w n  A p p r o a c h    2 . 5     F o r e c a s t i n g  M e t h o d o l o g y
3     E x e c u t i v e  S u m m a r y
4     I n t r o d u c t i o n
    4 . 1     O v e r v i e w
Contents     4 . 2     K e y  I n d u s t r y  T r e n d s5     G l o b a l  F r a u d  D e t e c t i o n  a n d  P r e v e n t i o n  M a r k e t
    5 . 1     M a r k e t  O v e r v i e w
    5 . 2     M a r k e t  P e r f o r m a n c e
    5 . 3     I m p a c t  o f  C O V I D - 1 9
    5 . 4     M a r k e t  F o r e c a s t
6      M a r k e t  B r e a k u p  b y  C o m p o n e n t
    6 . 1     S o l u t i o n s
        6 . 1 . 1  M a r k e t  T r e n d s
        6 . 1 . 2  M a r k e t  F o r e c a s t
    6 . 2     S e r v i c e s
        6 . 2 . 1  M a r k e t  T r e n d s
        6 . 2 . 2  M a r k e t  F o r e c a s t
7    M a r k e t  B r e a k u p  b y  A p p l i c a t i o n
    7 . 1     I d e n t i t y  T h e f t
        7 . 1 . 1  M a r k e t  T r e n d s
        7 . 1 . 2  M a r k e t  F o r e c a s t
       
    7 . 2     M o n e y  L a u n d e r i n g
        7 . 2 . 1  M a r k e t  T r e n d s
        7 . 2 . 2  M a r k e t  F o r e c a s t
    7 . 3     P a y m e n t  F r a u d
        7 . 3 . 1  M a r k e t  T r e n d s
        7 . 3 . 2  M a r k e t  F o r e c a s t
    7 . 4     O t h e r s
        7 . 4 . 1  M a r k e t  T r e n d s
        7 . 4 . 2  M a r k e t  F o r e c a s t
8    M a r k e t  B r e a k u p  b y  O r g a n i z a t i o n  S i z e
    8 . 1     S m a l l  a n d  M e d i u m  E n t e r p r i s e s
        8 . 1 . 1  M a r k e t  T r e n d s
Table of         8 . 1 . 2  M a r k e t  F o r e c a s t    8 . 2     L a r g e  E n t e r p r i s e s
        8 . 2 . 1  M a r k e t  T r e n d s
        8 . 2 . 2  M a r k e t  F o r e c a s t
Contents 9    M a r k e t  B r e a k u p  b y  V e r t i c a l    9 . 1     B F S I
        9 . 1 . 1  M a r k e t  T r e n d s
        9 . 1 . 2  M a r k e t  F o r e c a s t
    9 . 2     G o v e r n m e n t  a n d  D e f e n s e
        9 . 2 . 1  M a r k e t  T r e n d s
        9 . 2 . 2  M a r k e t  F o r e c a s t
    9 . 3     H e a l t h c a r e
        9 . 3 . 1  M a r k e t  T r e n d s
        9 . 3 . 2  M a r k e t  F o r e c a s t
    9 . 4     I T  a n d  T e l e c o m
        9 . 4 . 1  M a r k e t  T r e n d s
        9 . 4 . 2  M a r k e t  F o r e c a s t
    9 . 5     M a n u f a c t u r i n g
        9 . 5 . 1  M a r k e t  T r e n d s
        9 . 5 . 2  M a r k e t  F o r e c a s t     
F o r  m o r e  i n f o r m a t i o n ,  v i s i t :  
h t t p s : / / w w w. i m a rc g ro u p . c o m / f r a u d - d e t e c t i o n - p re v e n t i o n - m a r ke t / t o
c
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