Fraud Detection and Prevention Market by Solution (Authentication, Fraud Analytics, and Governance), Application Area (Payment Frauds, Identity Theft, and Money Laundering), Service, Entity Size, Region, and Vertical – 2022 to 2027


The global Fraud Detection and Prevention (FDP) market size is expected to reach USD 78.8 billion by 2024, growing at a CAGR of 26.1% during the forecast period. A major growth driver for the FDP market is the increasing need for organizations to address growing revenue losses due to the rise in fraud activities.