Fraud Detection and Prevention Market Analysis 2029 – Unveiling Size, Share, Growth, Trends, and Ind

Jakson25813 May, 2025Technology

The fraud detection and prevention (FDP) market is expected to expand significantly, growing from USD 28.8 billion in 2024 to USD 63.2 billion by 2029, with a Compound Annual Growth Rate (CAGR) of 17.0% during the forecast period. This growth is primarily driven by the increasing adoption of advanced digital technologies, including cloud computing, IoT, AI, ML, and big data analytics, as enterprises integrate these tools into their complex and interconnected business processes to enhance security and combat fraud.