The global FDP market is anticipated to grow at a significant CAGR of 18.3% during the forecast period. The increased adoption of AI in banking and insurance sector is fuleing the FDP market globally. Businesses are taking advantage by using AI to detect fraud which enhances their internal security and simplify corporate operations due to which it has emerged as significant tool to avoid the financial crimes. Various companies are focused towards bringing innovative AI-based FDP solutions to detect and prevent the fraud. For instance, in September 2021, IBM reveiled the details of its upcoming Telum processor which is designed to help enterprises to address fraud in real-time. Telum is the first processor of Big Blue which contains on-chip acceleration for AI influencing while the operation is taking place. Telum is planned for the first half of 2022. It is designed for the customers to achieve business insights related to their banking, financial and insurance interactions.
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Industry forecasting is performed to present in-depth understanding of industry tactics. A clear picture on current and upcoming market happenings are provided in this report. Critical factors are highlighted in this Fraud Detection and Prevention (FDP) Market study report for enabling business owners take important decision making in terms of decide on the right business doing ideas. Moreover, it aims at offering forthcoming improvements, market restraints and market drivers for the forecast period 2022-2028. It assists novel firms to retain their place in the market. Prioritized market info is discussed through this detailed Fraud Detection and Prevention (FDP) Market
This Market report predicts novel product introduction will bring drop in sales or growth in sales. Such an illustrative Fraud Detection and Prevention (FDP) Market report enables major firm to stay reorganized on the most current trends and offers best idea about overall demand for particular product offering. Through this global report, it is also possible to acquire a competitive edge. All the COVID-19 related information is covered in this Fraud Detection and Prevention (FDP) Market study report along with its major impact of globe’s major firms. It makes easy the work of key players and enables to take data-driven and beneficial decision in terms of making best investments, which techniques to apply and marketing budget of different products. It has many advantages to provide for available or novel services, product and brands. Methodologies captured in this market study report enable central participants to attain the best results to the specific business aims as well as challenges. Getting fast customer feedback is easy with this market study report.
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- Market Coverage
- Market number available for – 2023-2029
- Base year- 2022
- Forecast period- 2023-2029
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill
- , and others
Global FDP Market Report by Segment
By Fraud Type
- Identity Fraud
- Online Fraud
- Investment Fraud
- Payment Fraud
- Insurance Fraud
- Credit & Debit Fraud
- Others (Ponzi Schemes, Corporate Fraud)
By Component
- Solution
- Service
By Vertical
- Banking
- Insurance
- Government
- Healthcare
- E-commerce
- Others (Education, IT & Telecom)
Global FDP Market Report by Region
North America
- United States
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle East & Africa
The Report Covers
- Market value data analysis of 2020 and forecast to 2027.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global FDP market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market-entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where’ in the market.
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