Fraud Detection and Prevention Market Report 2026

The fraud detection and prevention market size has grown exponentially in recent years. It will grow from $60.75 billion in 2025 to $73.62 billion in 2026 at a compound annual growth rate (CAGR) of 21.2%. The growth in the historic period can be attributed to rising financial fraud incidents globally, increasing online transactions, regulatory pressure on fraud compliance, early adoption of fraud analytics, growth in banking and digital payments.

The fraud detection and prevention market size is expected to see rapid growth in the next few years. It will grow to $150.15 billion in 2030 at a compound annual growth rate (CAGR) of 19.5%. The growth in the forecast period can be attributed to expanding digital banking ecosystem, increasing sophistication of fraud schemes, rapid growth in e commerce transactions, rise in identity theft and account takeover, increasing enterprise investments in risk intelligence. Major trends in the forecast period include growing demand for enterprise wide fraud management platforms, increasing focus on real time fraud monitoring, rising integration of behavioral analytics in fraud detection, growing adoption of automated fraud decision engines, increasing emphasis on reducing false positives in fraud detection.

The rising frequency of cyberattacks and fraud incidents is expected to drive the growth of the fraud detection and prevention market in the coming years. Cyberattacks and fraud refer to malicious digital activities such as phishing, identity theft, ransomware attacks, and online scams that target individuals and organizations. The surge in these incidents is largely attributed to the increasing volume of online financial transactions, which creates more access points for cybercriminals and raises the risk of unauthorized activities. Fraud detection and prevention solutions help organizations identify and mitigate suspicious behavior in real time by analyzing user behavior, verifying identities, and blocking unauthorized transactions, thereby reducing the success rate of cyberattacks and fraud attempts. For instance, in March 2024, according to the Federal Bureau of Investigation (FBI), a US-based federal law enforcement agency, its Internet Crime Complaint Center (IC3) received 880,418 complaints in 2023, with reported losses exceeding $12.5 billion, representing nearly a 10% increase in complaints and a 22% rise in losses compared to 2022. Consequently, the increasing frequency of cyberattacks and fraud is fueling the growth of the fraud detection and prevention market.

Major companies operating in the fraud detection and prevention market are increasingly integrating advanced technologies such as generative artificial intelligence (AI) to strengthen fraud monitoring and prevention capabilities. Generative AI leverages large volumes of transactional and behavioral data to identify complex patterns and anomalies in real time, enabling more accurate prediction and detection of fraudulent activities. For example, in February 2024, Mastercard Inc., a US-based payments technology company, launched Decision Intelligence Pro, a generative AI-powered platform designed to detect and prevent fraudulent transactions by analyzing cardholder behavior and assessing multiple entities involved in each transaction. The platform offers real-time transaction risk scoring, behavioral anomaly detection, and rapid decision-making capabilities, helping financial institutions identify and block suspicious payments instantly. As a result, Decision Intelligence Pro enhances detection accuracy while reducing false declines, ultimately improving transaction security and customer trust.

In September 2024, Mastercard, a U.S.-based company that provides a variety of payment transaction processing and related services, acquired Recorded Future for $2.65 billion. This acquisition aims to enhance Mastercard's fraud detection and prevention capabilities by incorporating Recorded Future's advanced threat intelligence and analytics technology. The integration is expected to offer financial institutions and merchants improved real-time insights into potential cyber threats, thereby bolstering security for digital transactions. Recorded Future is a U.S.-based company that specializes in threat intelligence and cybersecurity solutions, including fraud detection and prevention.

Major companies operating in the fraud detection and prevention market report are IBM Corporation, Fair Isaac Corporation, Oracle Corporation, SAS Institute Inc., BAE Systems plc, DXC Technology Company, SAP SE, ACI Worldwide Inc., Fiserv Inc., ThreatMetrix company, NICE Systems Ltd., Equifax Inc., Cybersource Corporation, Global Payments Inc., Experian Information Solutions Inc., TransUnion LLC, RSA Security LLC, LexisNexis Risk Solutions, Kount Inc., Feedzai Inc., Featurespace Inc., Pindrop Security Inc., Simility Inc., Signifyd Inc., Sift Science Inc., Idology Inc., Total System Services Inc.

North America was the largest region in the fraud detection and prevention market in 2025.Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the fraud detection and prevention market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the fraud detection and prevention market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The fraud detection and prevention market consists of revenues earned by entities that provide protection against fraudulent activities that can involve a broad range of cases such as money laundering, cybersecurity threats, tax evasion, and fraudulent insurance claims. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

This product will be delivered within 1-3 business days.