E-commerce Fraud Prevention and Detection Market to Reach USD 11,630 Million, Driven by the Growing Threat of Online Fraud, with a CAGR of 15.9% during forecast period of 2023-2029

E-commerce Fraud Prevention and Detection Market to Reach USD 11,630 Million, Driven by the Growing Threat of Online Fraud, with a CAGR of 15.9% during forecast period of 2023-2029
E-commerce Fraud Prevention and Detection Market: Projected to Reach USD 11,630 Million, Witnessing a CAGR of 15.9%
The E-commerce Fraud Prevention and Detection Market is projected to reach a readjusted size of USD 11,630 million during the forecast period 2023-2029. The market is driven by the increasing threat of online fraud in the e-commerce industry, leading to the growing demand for robust fraud prevention and detection solutions. With a robust CAGR of 15.9%, these solutions aim to safeguard online transactions, protect customer data, and preserve the reputation of e-commerce businesses.

The global E-commerce Fraud Prevention and Detection market size was valued at USD 4131.2 million in 2022 and is forecast to a readjusted size of USD 11630 million by 2029 with a CAGR of 15.9% during review period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.

E-commerce fraud has evolved and increased with the rise in online commerce accelerated since 2020. By 2024, e-commerce merchants may lose an estimated $24 billion to online payments fraud. While e-commerce fraud increases are nothing new, bad actors are launching more sophisticated fraud attacks.

It’s more important than ever to take proactive steps to detect and prevent e-commerce fraud. Investing in the right e-commerce fraud prevention solutions can make a big difference in customer safety and financial results.

For more information and to access the complete report, please visit: https://www.themarketreports.com/report/global-e-commerce-fraud-prevention-and-detection-market-by-company-regions-type-and-application-forecast

Ecommerce fraud prevention and detection covers all the tools and processes an online store can put in place to reduce the costs and resources lost to fraud. This includes blocking transactions with stolen credit card numbers and preventing and mitigating chargebacks and friendly fraud, among others.

This report is a detailed and comprehensive analysis for global E-commerce Fraud Prevention and Detection market. Both quantitative and qualitative analyses are presented by company, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2023, are provided.

Key Features:

  • Global E-commerce Fraud Prevention and Detection market size and forecasts, in consumption value ($ Million), 2018-2029
  • Global E-commerce Fraud Prevention and Detection market size and forecasts by region and country, in consumption value ($ Million), 2018-2029
  • Global E-commerce Fraud Prevention and Detection market size and forecasts, by Type and by Application, in consumption value ($ Million), 2018-2029
  • Global E-commerce Fraud Prevention and Detection market shares of main players, in revenue ($ Million), 2018-2023

 

The Primary Objectives in This Report Are:

  • To determine the size of the total market opportunity of global and key countries
  • To assess the growth potential for E-commerce Fraud Prevention and Detection
  • To forecast future growth in each product and end-use market
  • To assess competitive factors affecting the marketplace

 

This report profiles key players in the global E-commerce Fraud Prevention and Detection market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include ACI Worldwide Inc, Avast Software S.r.o., Bolt Financial Inc, ClearSale and DXC Technology Company, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.

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Market segmentation

E-commerce Fraud Prevention and Detection market is split by Type and by Application. For the period 2018-2029, the growth among segments provide accurate calculations and forecasts for consumption value by Type and by Application. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type

  • Cloud Based
  • On-Premise

 

Market segment by Application

  • Automotive and Transportation
  • Banking, Financial Services and Insurance
  • Consumer Goods and Retail
  • Education, Government and Public Sector
  • Healthcare and Life Sciences
  • Information Technology
  • Media and Entertainment
  • Others

 

Market segment by players, this report covers

  • ACI Worldwide Inc
  • Avast Software S.r.o.
  • Bolt Financial Inc
  • ClearSale
  • DXC Technology Company
  • Fiserv Inc
  • Forter
  • FraudLabs Pro
  • GPayments Pty Ltd
  • Kount Inc
  • LexisNexis Risk Solutions Group
  • Riskified
  • Radial Inc
  • RSA Security LLC.
  • SEON Technologies Ltd
  • Signifyd Inc

 

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