Fraud Detection and Prevention (FDP) Market by Fraud Type (Identity, Payment, Insider, Investment), Offering (Solutions (Fraud Analytics, Authentication, and GRC) and Services), Vertical (BFSI, Healthcare, Retail), and Region - Global forecast to 2030

The global fraud detection and prevention market size is projected to grow from USD 32.00 billion in 2025 to USD 65.68 billion by 2030 at a compound annual growth rate (CAGR) of 15.5% during the forecast period. The rising need for transaction fraud Protection-as-a-Service is emerging as a significant driver in the fraud detection and prevention market, particularly for digital payment providers. With an increase in real-time and card-not-present transactions, many companies are adopting cloud-based solutions that offer instant risk assessment and flexible deployment. This approach enables faster threat response while reducing the burden of managing complex infrastructure, making it ideal for securing high-speed digital payments.

However, the lack of standardized frameworks for fraud classification, reporting, and response across regions makes it difficult for global enterprises to streamline FDP operations and coordinate cross-border threat mitigation, thus restraining the market growth.

“On-premises deployment segment will hold the largest market share during the forecast period”

On-premises deployment remains a strong choice in the fraud detection and prevention market, mainly for organizations in banking, insurance, and government that handle highly sensitive data. These sectors prioritize full control over data security, system performance, and regulatory compliance, which on-premises setups can better deliver. They also allow deeper customization and tighter integration with existing infrastructure, making them ideal for institutions with complex workflows and strict internal policies. Although cloud-based solutions are becoming increasingly popular due to their scalability and flexibility, many businesses continue to rely on on-premises systems. This preference is driven by the need to keep fraud detection tools under direct control, especially in environments where data privacy, latency, and operational risk are significant concerns.

“Healthcare vertical segment will likely account for the highest CAGR during the forecast period”

The healthcare segment is projected to grow at the fastest rate in the FDP market due to the rising volume of digital health records, telemedicine adoption, and increased cyberattacks targeting sensitive patient data. With healthcare systems rapidly shifting to cloud platforms and connected devices, vulnerabilities around identity theft, insurance fraud, and data breaches have surged. Medical identity fraud, in particular, has become a major threat, with stolen patient information often sold on the dark web at higher value than financial data. Additionally, false claims, prescription fraud, and unauthorized access to electronic health records are pushing providers and insurers to adopt real-time fraud detection tools. The pressure to comply with data protection regulations like HIPAA and GDPR is also accelerating investments in behavioral analytics, biometric authentication, and AI-driven anomaly detection. As healthcare digitization continues, the demand for secure, scalable, and intelligent FDP solutions is becoming critical to protect patient trust and prevent financial and reputational damage.

“Asia Pacific region will record highest CAGR during the forecast period”

Asia Pacific is emerging as a hotspot for fraud detection and prevention efforts, driven by a surge in digital activity and complex fraud threats. In late 2023, over 60% of businesses across the region reported encountering payment and digital banking fraud on a monthly basis, and nearly 65% noted a sharp rise in fraud attempts over the previous year. With mobile-first economies booming and real-time payment systems expanding, fraudsters are exploiting gaps in speed, identity verification, and transaction monitoring.

As a result, organizations in finance, telecom, and e-commerce are rapidly deploying AI-driven analytics, behavioral risk scoring, and real-time fraud prevention tools to stay ahead of evolving attack methods and protect customer trust. The growth of cross-border digital trade and digital wallet adoption in India, Indonesia, and Vietnam is further increasing the surface area for attacks. Enterprises are also under pressure to deliver faster, frictionless services while managing higher fraud risk, making advanced FDP solutions a business-critical investment.

Breakdown of Primaries

The study contains insights from various industry experts, from component suppliers to Tier 1 companies and OEMs. The break-up of the primaries is as follows:

• By Company Type: Tier 1 – 35%, Tier 2 – 45%, and Tier 3 – 20%
• By Designation: C-level – 40% and Managerial and Other Levels – 60%
• By Region: North America – 20%, Europe – 35%, and Asia Pacific – 45%

The key players in the fraud detection and prevention market includeFiserv (US), LexisNexis Risk Solutions (US), TransUnion (US), FIS Global (US), Experian (Ireland), IBM (US), NICE Actimize (Israel), ACI Worldwide (US), SAS Institute (US), RSA Security (US), SAP (Germany), FICO (US), Microsoft (US), F5 (US), AWS (US), Bottomline Technologies (US), ClearSale (Brazil), Genpact (US), Securonix (US), Accertify (US), Feedzai (Portugal), CaseWare (Canada), OneSpan (US), Signifyd (US), BioCatch (Israel), FRISS (Netherlands), MaxMind (US), DataVisor (US), Cleafy (Italy), Gurucul (US),Alloy (US), Castle (US), Enzoic (US), Kubient (US), SpyCloud (US), Seon (Hungary), Deduce (US), Incognia (US), Resistant AI (Czech Republic), Amani Technologies (UAE), JuicyScore (Russia), Fugu (India), and Pipl (US).

The study includes an in-depth competitive analysis of the key players in the fraud detection and prevention market, their company profiles, recent developments, and key market strategies.

Research Coverage

The report segments the fraud detection and prevention market and forecasts its size based on fraud type (check fraud, identity fraud, insider fraud, investment fraud, payment fraud, insurance fraud, friendly fraud, and others), offering (solutions and services), deployment mode (on-premises and cloud), organization size (large enterprises and small and medium enterprises (SMEs)), vertical (banking, financial services, and insurance (banking and financial institutes and insurance), retail & eCommerce, government, healthcare, manufacturing, travel & transportation, real estate, telecommunications, and others) and region (North America, Europe, Asia Pacific, Middle East & Africa, and Latin America).

The study also includes an in-depth competitive analysis of the market’s key players, their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report will help market leaders and new entrants with information on the closest approximations of the revenue numbers for the overall fraud detection and prevention market and the subsegments. It will also help stakeholders understand the competitive landscape and gain more insights to better position their businesses and plan suitable go-to-market strategies. The report also helps stakeholders understand the market pulse and provides information on key market drivers, restraints, challenges, and opportunities.

The report provides insights on the following pointers:

• Analysis of key drivers (rise of synthetic identities, evolving regulatory environment, increased revenue losses and chargebacks due to fraud, growth in instances of fraud, rise in adoption offraud analytics and risk-based authentication solutions to combat fraud), restraints (rise of synthetic identities, evolving regulatory environment, increased revenue losses and chargebacks due to fraud, growth in instances of fraud, rise in adoption of fraud analytics and risk-based authentication solutions to combat fraud), opportunities (rising use of predictive analytics in FDP, increased adoption of advanced technologies, rising demand for transaction fraud protection-as-a-service among digital payment providers, expansion of application fraud detection solutions across online account onboarding channels, growing use of fraud detection tools by card issuers and payment processors to prevent payment fraud, emergence of crypto-focused fraud prevention use cases with growing DeFi and Web3 transactions) and challenges (cross-channel fraud, lack of trained professionals to analyze fraud attacks)
• Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the fraud detection and prevention market
• Market Development: Comprehensive information about lucrative markets – analyzing the fraud detection and prevention market across varied regions
• Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Fraud Detection and Prevention market.
• Competitive Assessment: In-depth assessment of market shares, growth strategies, and service offerings of leading players such asFiserv (US), LexisNexis Risk Solutions (US), TransUnion (US), FIS Global (US), Experian (Ireland), IBM (US), NICE Actimize (Israel), ACI Worldwide (US), SAS Institute (US), RSA Security (US), SAP (Germany), FICO (US), Microsoft (US), F5 (US), AWS (US), Bottomline Technologies (US), ClearSale (Brazil), Genpact (US), Securonix (US), Accertify (US), Feedzai (Portugal), CaseWare (Canada), OneSpan (US), Signifyd (US), BioCatch (Israel), FRISS (Netherlands), MaxMind (US), DataVisor (US), Cleafy (Italy), Gurucul (US),Alloy (US), Castle (US), Enzoic (US), Kubient (US), SpyCloud (US), Seon (Hungary), Deduce (US), Incognia (US), Resistant AI (Czech Republic), Amani Technologies (UAE), JuicyScore (Russia), Fugu (India), and Pipl (US)

Show more