Security News > 2022 > January > Fraud detection and prevention market to reach $75,139.66 million by 2028

The global fraud detection and prevention market is expected to grow from $26,511.

Fraud detection and prevention systems are software applications used to provide analytical solutions for fraud incidents and help identify or prevent future occurrences.

What is boosting demand for fraud detection and prevention technologies?

During the forecast period, the growing number of internet users, increasing acceptance of digital payment methods, and rising number of start-ups are likely to boost the global Fraud Detection and Prevention Market.

Based on component, the fraud detection and prevention market is bifurcated into solution and services.

Based on deployment, the fraud detection and prevention market is bifurcated into on premise and cloud-based.

News URL

https://www.helpnetsecurity.com/2022/01/27/fraud-detection-prevention-2028/