MARKET RESEARCH BRIEFING · 2024 –2030
Fraud Detection and Prevention Market Securing the digital economy: a USD 117 billion growth opportunity in AIdriven fraud defence by 2030
$37.97 B
$117.01 B
16.5%
Market size, 2023
Forecast size, 2030
CAGR, 2024–2030
Executive Summary Market expected to grow ~3.1× from 2023 to 2030, adding about USD 79 B in new value. Growth fuelled by tighter government cyber mandates and the rising frequency of cyber-attacks. cyber-attacks. AI and machine learning enable real-time anomaly detection, the market's largest opportunity. North America is projected to hold the largest share; Europe shows substantial growth.
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Source: nextmsc.com
01 · MARKET LANDSCAPE
A market set to triple to USD 117 billion by 2030 Global market size (USD billion)
16.5% CAGR over 2024–2030 forecast forecast period
117.01 +79.04
Market Share Snapshot
USD B added
North America — projected to hold the largest share, led by IBM, F5 and Oracle. Europe — witnessed substantial
37.97
growth amid rising cyber-attacks. attacks. Players — share data for 10 profiled companies across 26 countries.
2023
2030 (F)
Industry Ecosystem — How the Market Is Segmented Offering
Deployment & Enterprise
Application
Solutions: fraud analytics,
Cloud · On-premises
Money laundering · Card fraud ·
authentication, GRC · Services:
SMEs · Large enterprises
Mobile fraud · Identity fraud
professional, managed
End User
Region
BFSI · Government & defense · Healthcare · IT & telecom
North America · Europe · Asia-Pacific · Rest of World
telecom · Retail & e-commerce
(LatAm, Middle East, Africa)
KEY INSIGHTS ▸ Investors: double-digit CAGR signals durable, compounding demand through 2030. ▸ Strategy teams: analytics + authentication solutions anchor the solution stack. ▸ B2B buyers: BFSI, healthcare, public sector and insurance are most exposed to fraud.
Copyright © Next Move Strategy Consulting
Source: NMSC, Fraud Detection & Prevention Market
02 · GROWTH DRIVERS & OPPORTUNITIES
Regulation, rising attacks and AI are compounding compounding demand DRIVER 1
DRIVER 2
OPPORTUNITY
Government initiatives initiatives
AI & machine Real-time anomalylearning detection
U.K. Government Cyber Security
Escalating cyber-attacks attacks ~39% of U.K. businesses faced
Strategy (Jan 2022) and
cyber-attacks in 2022; phishing,
Canada's Bill C-26 (Jun 2022)
driven scam protection (Sep
malware and ransomware keep
push stricter oversight and AI-
2023) flags fraud links across
rising.
across text, email, search and
detection that keeps learning; learning; e.g. McAfee's AI-driven
led defences.
and social.
High-Growth Demand Pockets Fraud analytics (AI/ML) — 100% real-time
Real-time payments — ACI's FedNow fraud
transaction screening, e.g. IBM's AI chip. Open-banking payments — GoCardless
fraud protection services (Apr 2023).
GoCardless Verified Mandates in France (Sep France (Sep 2022).
Vulnerable verticals — BFSI, healthcare, public sector and insurance.
Regional Opportunity Map Largest share Substantial growth Covered markets
North America Largest share; IBM, F5, Oracle presence; Nano Pay Mexico anti-fraud rollout (2022).
Europe Substantial growth; Finland's Network Security Advisory Board (2021).
Asia-Pacific & RoW China, Japan, India, South Korea, Australia + LatAm, Middle East, Africa.
Watch-out: shortage of skilled AI/ML and cyber-fraud professionals may slow adoption.
Copyright © Next Move Strategy Consulting
Source: NMSC, Fraud Detection & Prevention Market
03 · COMPETITIVE SCENARIO
Leaders defend share through launches, partnerships and M&A Inorganic (M&A) ▸
Competitive Positioning Matrix SPECIALIST ACQUIRERS
Leading Companies PLATFORM CONSOLIDATORS
Thales
IBM Corporation Thales Group Oracle Corporation
ACI Worldwide
F5 IBM
SAP SE BAE Systems
Organic / partnerships
F5, Inc. NICE Actimize
SAS Institute, Inc.
Oracle FICO
SAP
SAS
BAE
FOCUSED INNOVATORS
ECOSYSTEM BUILDERS
◂ Fraud / payments specialist
NICE Actimize, Ltd. FICO ACI Worldwide, Inc.
Diversified IT & security ▸
Key Strategic Moves D ate
C om p any
M ove
S trateg y
D ec 2023
Thales
C lo sed ~ US D 3.6 B Im p erva d eal (b o t & A PI security)
M& A
A p r 2023
A C I World wid e
Real- tim e p aym ents fraud p ro tectio n fo r Fed N o w
Prod uct launch
A p r 2023
IBM
IBM S ecurity Q Rad ar S uite fo r threat d etectio n
Prod uct launch
M ar 2023
F5
Partnership with Visa to cut card fraud
Partnership
S ep 2025
F5
US D 180 M C alypso A I d eal (A I g uard rails)
M& A
▸ Diversified platforms (Thales, F5, IBM) consolidate via acquisitions to own bot, API and AI-layer security. ▸ Specialists (NICE Actimize, FICO, SAS) compete on analytics depth and organic product releases. ▸ Portfolio reshaping continues: BAE divested NetReveal to SymphonyAI (2022).
Copyright © Next Move Strategy Consulting
Source: NMSC; company releases
04 · CONNECT WITH US
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