Feb 12, 2021   SOURCE: PR NewsWire

Fraud Detection and Prevention Market Worth $ 107.08 Billion, Globally, by 2028 at 19.65% CAGR: Verified Market Research

JERSEY CITY, N.J., Feb. 12, 2021 /PRNewswire/ -- Verified Market Research recently published a report, "Fraud Detection and Prevention Market" by Component (Solution, Service), by Vertical (Retail & E-commerce, IT & Telecom, Industrial & Manufacturing, Healthcare, and Others), by Application (Payment Fraud, Money Laundering, Insurance Claims, and Others), by Geography. According to Verified Market Research, the Fraud Detection and Prevention Market was valued at USD 30.53 billion in 2020 and is projected to reach USD 107.08 billion by 2028, growing at a CAGR of 19.65% from 2021 to 2028.

Download PDF Brochure: https://www.verifiedmarketresearch.com/download-sample/?rid=2624

Browse in-depth TOC on "Fraud Detection and Prevention Market"

202 - Pages
126 - Tables
37 - Figures

Global Fraud Detection and Prevention Market Overview

With the advent of technology, hackers have become more sophisticated and can identify and exploit vulnerabilities. The organizations are suffering greatly from this and the fraud detection and prevention market is gaining traction. The volume of data is increasing day by day owing to many transactions, and enterprises are taking proactive measures to eliminate potential losses from cybersecurity frauds. All the verticals including financial and healthcare are understanding the limitations of traditional strategies and these technologies are susceptible to cyber threats which result in data and revenue losses. Malware, virus, phishing, and counterfeit cards are some of the attacks faced by the e-payment platform. The increase in no of these threats will result in limiting the growth of digital business and hence the fraud detection and prevention market is booming at an exponential rate.

The major players in the market are IBM, FICO, SAS Institute, BAE Systems, DXC Technology, SAP, ACI Worldwide, Fiserv, NICE Systems, Experian, LexisNexis Risk solutions.

Verified Market Research has segmented the Global Fraud Detection and Prevention Market On the basis of Component, Vertical, Application, and Geography.

    --  Fraud Detection and Prevention Market by Component
        --  Solution
        --  Service
    --  Fraud Detection and Prevention Market by Vertical
        --  Retail & E-commerce
        --  IT & Telecom
        --  Industrial & Manufacturing
        --  Healthcare
        --  Others
    --  Fraud Detection and Prevention Market by Application
        --  Payment Fraud
        --  Money Laundering
        --  Insurance Claims
        --  Others
    --  Fraud Detection and Prevention Market by Geography
        --  North America
            --  U.S
            --  Canada
            --  Mexico
        --  Europe
            --  Germany
            --  France
            --  U.K
            --  Rest of Europe
        --  Asia Pacific
            --  China
            --  Japan
            --  India
            --  Rest of Asia Pacific
        --  ROW
            --  Middle East & Africa
            --  Latin America

Browse Related Reports:

Brain-Computer Interface (BCI) Market by Product (Invasive, Partially invasive, and Non-invasive), by Application (Healthcare, Smart Home Control, Communication & Control, Entertainment & Gaming), by End-User (Medical, Military, and others), by Geography, Forecast, 2020-2027

Enterprise File Sharing And Synchronization (EFSS) Market by Service (Managed Services and Professional Services), by Application Type (Cloud Virtualization, Enterprise Content Management System, Enterprise Mobility, Enterprise Storage and Backup, Enterprise Document Management, and Others), by Deployment Model (Private Cloud, Public Cloud, and Hybrid Cloud), by Geography, Forecast, 2020-2027

Mobile Payment Market by Payment Mode (Proximity Payment and Remote Payment), by Technology (NFC, QR Code, WAP & Card-Based, Digital Wallet, Banking App-based, SMS-based/DCB, and Others), by Application (BFSI, Retail, Healthcare, Entertainment, IT and Telecom, Energy & Utilities, Hospitality & Tourism, and Others), by Geography, Forecast, 2020-2027

Workforce Analytics Market by Organization Size (Large Enterprises and Small and Medium organizations), by Component (Solution, Services, Managed Services, Professional Services, System Integration Services, Consulting Services), by Deployment Mode (Private Cloud and Public Cloud), by Vertical (Healthcare, Government, IT and Telecom, Banking, Financial Services, and Insurances (BFSI), Travel and Hospitality, Retail, Manufacturing, and Others), by Geography, Forecast, 2020-2027

Qualcomm Makes 5G a "reality" by launching the Snapdragon 855 5G Chipset

Visualize Fraud Detection and Prevention Market using Verified Market Intelligence:-:

Verified Market Intelligence is our BI Enabled Platform for narrative storytelling of this market. VMI offers in-depth forecasted trends and accurate Insights on over 20,000+ emerging & niche markets, helping you make critical revenue impacting decisions for a brilliant future.

VMI provides a holistic overview and global competitive landscape with respect to Region, Country, and Segment, and Key players of your market. Present your Market Report & findings with an inbuilt presentation feature saving over 70% of your time and resources for Investor, Sales & Marketing, R&D, and Product Development pitches. VMI enables data delivery In Excel and Interactive PDF formats with over 15+ Key Market Indicators for your market.

About Us

Verified Market Research is a leading Global Research and Consulting firm servicing over 5000+ customers. Verified Market Research provides advanced analytical research solutions while offering information enriched research studies. We offer insight into strategic and growth analyses, Data necessary to achieve corporate goals and critical revenue decisions.

Our 250 Analysts and SME's offer a high level of expertise in data collection and governance use industrial techniques to collect and analyze data on more than 15,000 high impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise and years of collective experience to produce informative and accurate research.

We study 14+ categories from Semiconductor & Electronics, Chemicals, Advanced Materials, Aerospace & Defense, Energy & Power, Healthcare, Pharmaceuticals, Automotive & Transportation, Information & Communication Technology, Software & Services, Information Security, Mining, Minerals & Metals, Building & construction, Agriculture industry and Medical Devices from over 100 countries.

Contact Us

Mr. Edwyne Fernandes
Verified Market Research
US: +1 (650)-781-4080
UK: +44 (753)-715-0008
APAC: +61 (488)-85-9400
US Toll Free: 1 (800)-782-1768
Email: sales@verifiedmarketresearch.com
Web: https://www.verifiedmarketresearch.com/
Follow Us: LinkedIn | Twitter

View original content to download multimedia:http://www.prnewswire.com/news-releases/fraud-detection-and-prevention-market-worth--107-08-billion-globally-by-2028-at-19-65-cagr-verified-market-research-301227533.html

SOURCE Verified Market Research