The global payment security market size was valued at $17.64 billion in 2020, and is projected to reach $60.56 billion by 2030, growing at a CAGR of 13.2% from 2021 to 2030. According to Allied’s report, the market is driven by recent technological advancements and the rapid launch of new products. The report covers an …
Tag Archives: Fraud Detection & Prevention
Fraud Detection & Prevention Market Scenario Highlighting Major Drivers & Growth Forecast by 2031
Emergence of big data analytics and cloud computing services along with rise in mobile payments drive the growth of the global Fraud Detection & Prevention Market. However, high cost of fraud detection & prevention solutions restrains the market growth. On the other hand, technological advancements and rise in adoption of anti-fraud management system solutions in …