1 / 7

Fraud Detection and Prevention Market Trends, Analysis & Forecast, 2032

Fraud Detection and Prevention Market is slated to grow exponentially through 2032, owing to the introduction of new generation technologies including big data, data analytics, predictive modeling, deep learning, cloud computing, machine language, and AI. Organizations have been constantly implementing modern fraud detection and prevention technologies and risk management strategies to overcome fraudulent transactions.

sudeepkedar77
Download Presentation

Fraud Detection and Prevention Market Trends, Analysis & Forecast, 2032

An Image/Link below is provided (as is) to download presentation Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author. Content is provided to you AS IS for your information and personal use only. Download presentation by click this link. While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server. During download, if you can't get a presentation, the file might be deleted by the publisher.

E N D

Presentation Transcript

  1. Fraud Detection and Prevention Market Trends, Analysis & Forecast, 2032

  2. Industry Insights • Fraud Detection and Prevention Market is slated to grow exponentially through 2032, owing to the introduction of new generation technologies including big data, data analytics, predictive modeling, deep learning, cloud computing, machine language, and AI. Organizations have been constantly implementing modern fraud detection and prevention technologies and risk management strategies to overcome fraudulent transactions. These strategies combine significant data sources with real-time monitoring and apply predictive and adaptive analytics techniques such as ML (Machine Learning) to create a risk of fraud score. Such factors are slated to have a positive impact on the market growth.

  3. Although, the high cost linked with fraud detection and prevention solutions is one of the critical factors slated to hinder market expansion in the future. Nevertheless, the significant surge in big data analytics and AI deployment for developing several tools and software will positively impact the overall industry growth during 2023-2032. • Key providers in the fraud detection and prevention (FDP) industry are engaging in partnerships, mergers, and acquisitions and launching new products to stay competitive in the overall market. For instance, IBM recently launched a new generation mainframe with AI built into the chip to equip financial firms with the ability to conduct fraud analysis of 100% of their transactions in real-time. • Considering the fraud, the external fraud segment is anticipated to grow substantially throughout the estimated timeframe. The growth can be attributed to the increasing involvement of organized mafia and criminal groups in external frauds, further driving the adoption of FDP services among enterprises.

  4. Regional Analysis • North America FDP services market is anticipated to demonstrate a high growth rate during the estimated timeframe. Increased dependency on online payment platforms and rising penetration of mobile phones resulting in payment frauds, identity thefts, and other fraudulent activities will boost the market expansion in the future. • Competitive Analysis • AVG Technologies, Fiserv, Inc., FRISS, IBM Corporation, SAP SE, SAS Institute Inc., and SpyCloud, Inc.

  5. Fraud Detection and Prevention Market @ https://www.gminsights.com/industry-analysis/fraud-detection-and-prevention-market Request for sample of this research report @ https://www.gminsights.com/request-sample/detail/1775 Request for customization: https://www.gminsights.com/roc/1775

  6. Stay In Touch Social Media:

  7. THANK YOU www.gminsights.com

More Related