How big is the Fraud Detection And Prevention Market?

The Fraud Detection And Prevention Market size is expected to reach USD 47.89 billion in 2024 and grow at a CAGR of 21.48% to reach USD 126.69 billion by 2029. Read More

What is the current Fraud Detection And Prevention Market size?

In 2024, the Fraud Detection And Prevention Market size is expected to reach USD 47.89 billion. Read More

Who are the key players in Fraud Detection And Prevention Market?

SAP SE, IBM Corporation, SAS Institute Inc., ACI Worldwide Inc. and Fiserv Inc. are the major companies operating in the Fraud Detection And Prevention Market. Read More

Which is the fastest growing region in Fraud Detection And Prevention Market?

North America is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

Which region has the biggest share in Fraud Detection And Prevention Market?

In 2024, the North America accounts for the largest market share in Fraud Detection And Prevention Market. Read More

What years does this Fraud Detection And Prevention Market cover, and what was the market size in 2023?

In 2023, the Fraud Detection And Prevention Market size was estimated at USD 37.60 billion. The report covers the Fraud Detection And Prevention Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Fraud Detection And Prevention Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

Fraud Detection And Prevention Market Share

Statistics for the 2023 & 2024 Fraud Detection And Prevention market share, created by Mordor Intelligence™ Industry Reports. Fraud Detection And Prevention share report includes a market forecast to 2029 and historical overview. Get a sample of this industry share analysis as a free report PDF download.

Market Share of Fraud Detection And Prevention Industry

The fraud detection and prevention market is fragmented and very competitive. The major players in the market are SAP SE, IBM Corporation, SAS Institute Inc., ACI Worldwide Inc., and many more. However, owing to significant innovations in product lines, only some new entrants are attracting major investments into the market.

• In March 2024, ACI Worldwide (ACI) announced a strategic partnership with comforte AG (comforte AG) to support customers' compliance with PCI DSS (Payment Card Industry Data Security) standards. ACI and Comforte will work together to meet the new PCI DSS standards (v4.0). As part of the partnership, Comforte will provide ACI with data-centric solutions that ACI has thoroughly tested to ensure they are interoperable with ACI solutions.

• In October 2023, Fiserv announced that it had acquired Skytef, a leading distributor of Software Express' SiTef® in Brazil, from Fiserv. Skytef brings Fiserv's distribution network in Brazil to over 1,000 partners, including more than 600 Independent Software Vendors (ISVs) and 27,000 merchants.