The Fraud Detection and Prevention (FDP) market is on the verge of significant growth, according to a recent report from Mordor Intelligence. The market is expected to soar from $58.18 billion in 2025 to $153.91 billion by 2030, with a compound annual growth rate of 21.48%. This surge is driven by the escalating demand for more advanced tools to combat increasingly sophisticated fraud schemes.
As digital transactions continue to rise globally, industries such as financial services, retail, and digital enterprises are investing in real-time, AI-powered fraud detection solutions to protect themselves and their customers. The increasing prevalence of synthetic identities, vulnerabilities in mobile payments, and the surge in digital payment volumes have highlighted the inadequacy of traditional fraud prevention systems.
Key trends in the Fraud Detection and Prevention market include the integration of AI and machine learning, which are essential for detecting and anticipating suspicious behavior. The shift towards advanced analytics and machine learning models enables organizations to reduce false positives and improve detection speed. Additionally, the rise in digital and non-cash payments has prompted the development of systems capable of monitoring large volumes of transactions in real-time while balancing security and user experience.
Internal fraud detection is also on the rise, with companies implementing systems to monitor employee activities and detect insider threats. This proactive approach to fraud prevention is crucial in safeguarding organizations against both external attacks and internal misuse.
The market segmentation for Fraud Detection and Prevention includes solutions such as fraud analytics, authentication, reporting, visualization, and Governance, Risk, and Compliance (GRC) solutions. End users are classified by scale (small-scale, medium-scale, large-scale), type of fraud (internal, external), and end-user industry (BFSI, retail, IT and telecom, healthcare, energy and power, manufacturing, and others).
Leading players in the Fraud Detection and Prevention market include SAP SE, IBM Corporation, SAS Institute Inc, ACI Worldwide Inc, and Fiserv Inc. These companies offer integrated fraud management solutions powered by AI and machine learning to enable real-time analysis and behavioral monitoring across industries.
In conclusion, the Fraud Detection and Prevention market is experiencing rapid growth as organizations prioritize real-time monitoring, adaptive risk assessment, and seamless user verification. With the increasing digital transactions, regulatory compliance requirements, and expanding attack surfaces, the adoption of intelligent fraud management systems is essential for safeguarding operations and maintaining customer trust.
For more information on the Fraud Detection and Prevention market and related reports on cybersecurity and insurance fraud detection, visit Mordor Intelligence’s website or contact them directly at media@mordorintelligence.com. Mordor Intelligence is a trusted source for comprehensive market intelligence, empowering businesses and individuals to make informed decisions in complex markets.