MaxMind

Fraud Detection and Prevention Market worth $66.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, May 25, 2023

Other than BFSI, retail and eCommerce, healthcare, and travel verticals also adopt cloud-based FDP solutions to combat fraud efficiently.

Key Points: 
  • Other than BFSI, retail and eCommerce, healthcare, and travel verticals also adopt cloud-based FDP solutions to combat fraud efficiently.
  • The market size of SMEs and large enterprise segments has a significant impact on the overall FDP market.
  • The acquisition will enable financial services, e-commerce, technology, and insurance organizations to use passive authentication and fraud detection to prevent fraud.
  • Fraud Detection and Prevention Market Advantages:
    FDP solutions assist in reducing the risks brought on by fraudulent activity, including as monetary losses, reputational harm, legal repercussions, and customer attrition.

Fraud Detection and Prevention Market worth $66.6 billion by 2028 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, May 25, 2023

Other than BFSI, retail and eCommerce, healthcare, and travel verticals also adopt cloud-based FDP solutions to combat fraud efficiently.

Key Points: 
  • Other than BFSI, retail and eCommerce, healthcare, and travel verticals also adopt cloud-based FDP solutions to combat fraud efficiently.
  • The market size of SMEs and large enterprise segments has a significant impact on the overall FDP market.
  • The acquisition will enable financial services, e-commerce, technology, and insurance organizations to use passive authentication and fraud detection to prevent fraud.
  • Fraud Detection and Prevention Market Advantages:
    FDP solutions assist in reducing the risks brought on by fraudulent activity, including as monetary losses, reputational harm, legal repercussions, and customer attrition.

Fraud Detection and Prevention Market worth $65.8 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 14, 2022

According to the Consumer Sentinel Network maintained by FTC, 3.2 million identity thefts and fraud reports were received in 2019, out of which 1.7 million were fraud cases.

Key Points: 
  • According to the Consumer Sentinel Network maintained by FTC, 3.2 million identity thefts and fraud reports were received in 2019, out of which 1.7 million were fraud cases.
  • The increasing cases of frauds force financial companies to advance their security infrastructure by deploying FDP solutions such as fraud analytics.
  • Several vendors offer traditional rule-based fraud analytics models, whereas some prefer AI- and ML-based techniques.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".

Fraud Detection and Prevention Market worth $65.8 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Monday, March 14, 2022

According to the Consumer Sentinel Network maintained by FTC, 3.2 million identity thefts and fraud reports were received in 2019, out of which 1.7 million were fraud cases.

Key Points: 
  • According to the Consumer Sentinel Network maintained by FTC, 3.2 million identity thefts and fraud reports were received in 2019, out of which 1.7 million were fraud cases.
  • The increasing cases of frauds force financial companies to advance their security infrastructure by deploying FDP solutions such as fraud analytics.
  • Several vendors offer traditional rule-based fraud analytics models, whereas some prefer AI- and ML-based techniques.
  • Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model GEM".

Fraud Detection and Prevention Market worth $53.4 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 16, 2021

On the basis of solutions, the FDP Market is segmented into fraud analytics, authentication, and GRC solutions.

Key Points: 
  • On the basis of solutions, the FDP Market is segmented into fraud analytics, authentication, and GRC solutions.
  • Money launderers or criminals may forge fake signatures and Identifications (IDs) to commit digital frauds using someone's identity.
  • Owing to the increasing pace of digitalization, security breaches and fraud cases especially identity theft and online fraud has also increased.
  • North America is expected to be the largest contributor in terms of the market size in the FDP Market.

Fraud Detection and Prevention Market worth $53.4 billion by 2026 - Exclusive Report by MarketsandMarkets™

Retrieved on: 
Thursday, December 16, 2021

On the basis of solutions, the FDP Market is segmented into fraud analytics, authentication, and GRC solutions.

Key Points: 
  • On the basis of solutions, the FDP Market is segmented into fraud analytics, authentication, and GRC solutions.
  • Money launderers or criminals may forge fake signatures and Identifications (IDs) to commit digital frauds using someone's identity.
  • Owing to the increasing pace of digitalization, security breaches and fraud cases especially identity theft and online fraud has also increased.
  • North America is expected to be the largest contributor in terms of the market size in the FDP Market.