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11/10/2022

Fraud Detection and Prevention Market worth $83.6 billion by 2028 - Exclusive Market Research Report by Markets N Research

Yahoo Finance

Chicago, Nov. 08, 2022 (GLOBE NEWSWIRE) -- The report "Fraud Detection and Prevention Market by Component (Solutions, Services), Solution (Fraud Analytics, Authentication, Governance, Risk and Compliance) Service (Professional Services, Managed Services), Application (Identity theft, Money Laundering, Payment Fraud, Others), Organization Size (Small and Medium Enterprise (SMEs), Large Enterprises), Vertical (BFSI, Government & Defence, Healthcare, IT & Telecom, Industrial & Manufacturing, Retail & E-commerce, Others)—Global Forecast to 2028", is projected to grow from USD 25.1 billion in 2021 and is projected to reach USD 83.6 billion by 2028; it is expected to grow at a CAGR of 22.20% from 2022 to 2028. The market for fraud detection and prevention is propelled by increased demand from numerous end-use sectors.

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