Latin America Fraud Detection And Prevention Market Estimated To Cross USD 2945.3 Billion By 2028, Growing At A CAGR Of 20%


(MENAFN- The Express Wire) Significant partnerships and organic strategies in the Latin America Fraud Detection and Prevention Market have been established, which is expected to boost market growth 2023-2029

The Global latin america fraud detection and prevention market 2023 Size in 2023 was valued at USD 729.4 Billion in 2020 with a growth rate of 20% CAGR to a valuation of USD 2945.3 Billion by 2028. North America accounted for the maximum share of over market in the year 2023

Fortune Business InsightsTM published a 'Latin America Fraud Detection and Prevention MarketBusiness Analysis and Growth Forecast 2023-2030' report that sheds light on the key opportunities attributing to the market's growth. This Report offers a thorough study of the globalLatin America Fraud Detection and Prevention Marketand identifies significant trends in product/services segmentation, company formation, revenue, market share, recent advancements, and MandA activity. With a focus on marketportfolios and capabilities, market entry strategies, market positions, and geographic footprints, this report also analyses the business strategies of top international companies to help readers better understand the specific positions that these companies hold in the expanding globalLatin America Fraud Detection and Prevention Market.

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This report presents a comprehensive overview, market shares, and growth opportunities of theLatin America Fraud Detection and Prevention Marketby product/service type, application, key manufacturers, and key regions and countries.

Report Contents

2023-2030 Historical Data

Pages 150

Tables 19

Figures 17

Research Methodology

They are using secondary sources such as company websites, annual reports, press releases, financial data, investor presentations, articles, news, white papers, certified publications, and government publishing sources as a starting point for the research methodology used to estimate and forecast the size of the globalLatin America Fraud Detection and Prevention Market. In addition, the research takes into account vendor offers in order to categorize the market.

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Factors affecting the growth ofLatin America Fraud Detection and Prevention Market (2023-2029):

  • Increasing instances of fraud: The increasing instances of fraud in the financial sector, e-commerce, and other industries have led to a growing concern for fraud prevention and detection, which has driven the demand for FDP solutions.
  • Strict regulatory compliance: Government agencies and organizations in various industries have to comply with strict regulations related to fraud prevention and detection, which has led to an increase in the adoption of FDP solutions.
  • Technological advancements: The development of advanced FDP solutions with features such as real-time monitoring, machine learning, and advanced analytics have also driven market growth.
  • Rising adoption of cloud-based solutions: As more and more businesses and organizations are moving to the cloud, FDP solution providers are also moving their solutions to the cloud, making them more accessible and easier to use.
  • The growing use of mobile and digital payments: The increasing use of mobile and digital payments has led to an increase in the number of transactions being processed, leading to an increased demand for FDP solutions to ensure secure transactions.

Companies Key Players

  • IBM Corporation (New York, United States)
  • Uplexis (São Paulo, Brazil)
  • Experian Information Solutions, Inc. (São Paulo, Brazil's)
  • Accenture PLC (Dublin, Ireland)
  • Tata Communications (Maharashtra, India)
  • Clearsale LLC (Florida, United States)
  • Neoway (Sao Paulo, Brazil's)
  • Konduto (Sao Paulo, Brazil's)
  • Inovamind (Sao Paulo, Brazil's)
  • Único (Sao Paulo, Brazil's)
  • Cred Defense (Bebedouro, São Paulo)
  • HS Prevent (Sao Paulo, Brazil's)
  • BrScan Tecnologia (Brasilia, Distrito Federal)
  • IDWALL TECNOLOGIA LTDA (Sao Paulo, Brazil's)
  • Gemalto - Thales Group (Paris, France)
  • Boa Vista Serviços
  • Amdocs (Missouri, United States)
  • Oiti Technologies (Sao Paulo, Brazil's)
  • Fullface Biometric Solutions (Sao Paulo, Brazil's)
  • Incognia (California, United States)

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Report Highlights:

  • A comprehensive overview of theLatin America Fraud Detection and Prevention Marketin 2023
  • Significant factors boosting, restricting, challenging, and providing an opportunity to the market
  • Key insights and major industry developments
  • Significant players functioning in theLatin America Fraud Detection and Prevention Market 2023
  • Major strategies adopted by players such as the launch of new products for better revenue generation, company collaborations, and others
  • Other market trends

Table of Contents

1 Market Overview
1.1 Product Definition and Market Characteristics
1.2 Global Latin America Fraud Detection and Prevention Market Size 2023
1.3 Market Segmentation
1.4 Global Macroeconomic Analysis
1.5 SWOT Analysis

Market Dynamics
2.1 Market Drivers
2.2 Market Constraints and Challenges
2.3 Emerging Latin America Fraud Detection and Prevention Market Trends 2023
2.4 Impact of COVID-19
2.4.1 Short-term Impact
2.4.2 Long-term Impact

3 Associated Industry Assessment 2023
3.1 Supply Chain Analysis
3.2 Industry Active Participants
3.2.1 Suppliers of Raw Materials
3.2.2 Key Distributors/Retailers
3.3 Alternative Analysis
3.4 The Impact of Covid-19 From the Perspective of the Industry Chain

4 Market Competitive Landscape
4.1 Industry Leading Players
4.2 Industry News 2023
4.2.1 Key Product Launch News
4.2.2 Latin America Fraud Detection and Prevention Market Expansion Plans

5 Analysis of Leading Companies

TOC Continued......

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