#frauddetectionandpreventionmarket
Money laundering, cybersecurity concerns, tax evasion, false insurance claims, identity theft, and terrorist financing are all examples of fraudulent actions that occur in the financial institutions, government, healthcare, public sector, and insurance sectors. Organizations are implementing modern fraud detection and prevention technologies and risk management strategies to combat this growing list of opportunities for fraudulent transactions. Fraud Analytics, Identity and Authentication, GRC, and Monitoring and Reporting are the solutions of the Fraud Detection and Prevention.

Fraud Detection and Prevention Market - Industry Analysis Forecast 2029

Fraud Detection and Prevention Market size was valued at US$ 26.77 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 13.2%.