The article cited AMA's Global Fraud Detection and Prevention Market Study explored substantial growth with CAGR of 14.8%. According the report, Implementation of Artificial Intelligence (AI) in Fraud Detection and Prevention Solutions is one of the primary growth factors for the market. Increasing Demand to Reduce the Financial Losses Caused By Fraudism is also expected to contribute significantly to the Fraud Detection and Prevention market. Overall, Detection {Payment Verification, Bot Mitigation, Real-Time Monitoring, Alerts} applications of Fraud Detection and Prevention, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The presence of players such as ACI Worldwide (United States), Bae Systems (United Kingdom), Dell Technologies (United States), DXC Technology (United States), Experian (Ireland), FICO (United States), Fiserv Inc (United States), FIS Global (United States)], IBM (United States), Iovation, Inc. (United States), SAS Institute (United States), SAP (Germany) and Software AG (Germany) may see astonishing sales in this Market and certainly improve revenue growth.

The Enterprise SIze, such as SMEs, is boosting the Fraud Detection and Prevention market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Platform, such as Windows, is boosting the Fraud Detection and Prevention market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Industry Verticals, such as IT & Telecom, is boosting the Fraud Detection and Prevention market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

The Deployment, such as On Premise, is boosting the Fraud Detection and Prevention market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.

AMA’s Analyst on the Global Fraud Detection and Prevention market identified that the demand is rising in many different parts of the world as "Opportunities in the Asia Pacific Region". Furthermore, some recent industry insights like "In October 2023, DataVisor launched of AI Co-Pilot, a first-of-its-kind generative-AI facilitated fraud solution. This transformative technology is 20 times faster and more accurate in catching fraud than traditional solutions." is constantly making the industry dynamic. One of the challenges that industry facing is "Short-term Challenges due to Reduced Operations Across Different Industries & Economic Crisis caused by COVID-19 Pandemic Across the World and Availability of Open Source Platforms"

The report provides an in-depth analysis and forecast about the industry covering the following key features:

• Detailed Overview of Fraud Detection and Prevention market will help deliver clients and businesses making strategies.
• Influencing factors that thriving demand and latest trend running in the market
• What is the market concentration? Is it fragmented or highly concentrated?
• What trends, challenges and barriers will impact the development and sizing of Fraud Detection and Prevention market
• SWOT Analysis of profiled players and Porter's five forces & PEST Analysis for deep insights.
• What growth momentum or downgrade market may carry during the forecast period?
• Which region may tap highest market share in coming era?
• What focused approach and constraints are holding the Fraud Detection and Prevention market tight?
• Which application/end-user category or Product Type [Fraud Analytics, Authentication, Governance, Risk, Compliance and Others] may seek incremental growth prospects?
• What would be the market share of key countries like Germany, USA, France, China etc.?

Market Size Estimation
In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Fraud Detection and Prevention market and other related sub-markets covered in the study.

o Key & emerging players in the Fraud Detection and Prevention market have been observed through secondary research.
o The industry’s supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes.
o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.

Data Triangulation
The overall Fraud Detection and Prevention market size is calculated using market estimation process, the Fraud Detection and Prevention market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Fraud Detection and Prevention market size has been validated using both top-down and bottom-up approaches.