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What Are the Anticipated Market Size and Growth Rates for the Global Fraud Hunters Market?
The fraud hunters market size is on a rapid growth path, escalating from $8.14 billion in 2024 to an impressive $9.32 billion in 2025 at an unparalleled compound annual growth rate (CAGR) of 14.4%. The market’s expansion during the historic period can be attributed to factors such as a rise in cybercrime, increased digital transactions, regulatory compliance, globalization, and increased connectivity.
The fraud hunters market size is forecasted to maintain this growth momentum over the next few years, reaching $17.17 billion in 2029, a CAGR of 16.5%. Factors contributing to this growth include developments in machine learning and AI, big data analytics, behavioral analytics, collaboration and information sharing, and integration with cybersecurity frameworks. Emerging trends driving the forecast period include digital transformation, online transactions, big data and advanced analytics, machine learning and artificial intelligence, collaborative networks, and technological advancements.
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What are the Major Drivers for the Fraud Hunters Market?
The significant increase in intellectual and financial theft is expected to fuel the growth of the fraud hunter market. Intellectual theft, which involves stealing creative expressions, inventions, symbols, logos, trade secrets, trademarks, copyrights, or patents belonging to an individual or a company, is also tackled by fraud hunters. These entities help web and mobile service owners monitor users’ usage and investigate potential misuse to reduce intellectual and financial theft.
Can You Identify the Top Segments of the Global Fraud Hunters Market?
1) By Type of Fraud: Financial Statement Fraud, Healthcare, Insurance And Banking Fraud, Consumer Fraud, Intellectual Property Fraud, Other Types Of Fraud
2) By Organization Size: SMEs, Large Organizations
3) By Application: Defense, Government, Banks And Financial Institution, Other Applications
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Who are the Key Players in the Fraud Hunters Market?
In the fraud hunters market, prominent companies include Experian Information Solutions Inc., Oracle Corporation, International Business Machines Corporation (IBM), Fair Isaac Corporation (FICO), Fiserv Inc, Fidelity National Information Services Inc (FIS), SAP SE, National Cash Register Corporation (NCR), Fraud Hunter, Zoi, Equifax Inc, Riskified, Sift Science Inc., Signifyd, Forter, ACI Worldwide Inc., BAE Systems, NICE Actimize, LexisNexis Risk Solutions Inc., Feedzai Inc., Featurespace, Kount Inc., RSA Security LLC, ThreatMetrix, White Ops, BioCatch Ltd., NuData Security Inc., Securonix Inc., Splunk Inc., McAfee LLC, Symantec Corporation, CrowdStrike Inc., FireEye Inc., Palo Alto Networks Inc., Check Point Software Technologies Ltd., Broadcom Inc., Comodo Security Solutions Inc.
Which Emerging Trends Are Shaping the Fraud Hunters Market Landscape?
The increasing application of artificial intelligence and machine learning is one key trend gaining momentum in the market, with companies utilizing these to secure their position in the market. For example, in October 2024, Google launched an enhanced fraud protection pilot in India to target apps installed from sideloading sources, countering the escalating threat of cyber fraud by using machine learning technology and advanced security features.
Which Region is the Primary Growth Driver in the Fraud Hunters Market?
In 2024, North America was the largest region in the fraud hunt market, with Asia-Pacific predicted to be the fastest-growing region in the forecast period. The fraud hunters market report covers regions such as Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
What Does The Fraud Hunters Market Report 2025 Offer?
The fraud hunters market report provides global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities. Fraud hunters are engaged in screening fraudulent data and authenticated data, preventing, identifying, and stopping fraudsters, and offering uninterrupted services to clients through precise application fraud prevention.
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