The Fraud Detection and Prevention Market Report by MarketsandMarkets presents all the key vendors in the global fraud detection landscape and their solutions.
The fraud detection and prevention market size is projected to grow from USD 28.8 billion in 2024 to USD 63.2 billion by 2029 at a Compound Annual Growth Rate (CAGR) of 17.0% during the forecast period. The key driver of fraud detection and prevention is the proliferation of mobile devices, and digital payment methods have created new opportunities for fraudsters to exploit vulnerabilities. Fraud detection solutions are constantly upgrading to adapt to the
changing landscape of mobile and digital transactions, incorporating specialized capabilities for detecting mobile fraud patterns.
XTN Cognitive Security has been featured along with other key vendors in the extensive report developed by MarketsandMarkets. Learn more here.