The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2024 and forecasted to 2033

Rapid Expansion and Projections

• The fraud hunters market has witnessed remarkable growth in recent years.
• Projected to soar from $7.2 billion in 2023 to $8.32 billion in 2024.
• Anticipated to further burgeon to $14.67 billion by 2028, boasting a 15.2% CAGR.
• Growth fueled by a plethora of factors including cybercrime surge, digital transactions, regulatory compliance, globalization, and enhanced connectivity.

Driving Forces: Intellectual and Financial Theft

• The surge in intellectual and financial theft is a catalyst for the market’s expansion.
• Intellectual theft encompasses stealing creative expressions, inventions, trademarks, copyrights, or patents.
• Fraud hunters play a pivotal role in curbing intellectual and financial theft by monitoring user behavior.
• Shocking statistics: Consumers reported losing over $5.8 billion to fraud in 2021, signifying a 70% surge.

Embracing AI and Machine Learning

• AI and machine learning emerge as pivotal trends reshaping the fraud hunting landscape.
• Leading companies prioritize AI and machine learning to fortify their market presence.
• Microsoft’s MLSEC.IO competition exemplifies the industry’s commitment to AI-powered security solutions.
• The competition challenges participants to outwit AI-based malware and phishing detectors.

Read The Full Fraud Hunters Market Report Here:
https://www.thebusinessresearchcompany.com/report/fraud-hunters-global-market-report

Broadcom’s Strategic Move

• In July 2021, Broadcom sealed a multi-billion dollar deal to acquire SAS Institute Inc.
• The acquisition, valued between $15 billion and $20 billion, bolsters Broadcom’s infrastructure software solutions.
• SAS Institute Inc. specializes in developing platforms for fraud detection and prevention.

Market Segmentation

• The fraud hunters market is segmented by the type of fraud, organization size, and application.
• Fraud types include financial statement fraud, healthcare fraud, insurance and banking fraud, consumer fraud, intellectual property fraud, and others.
• Organization sizes encompass SMEs and large organizations.
• Applications span defense, government, banks, financial institutions, and other sectors.

Regional Dynamics

• North America led the fraud hunt market in 2023.
• Asia-Pacific is poised to emerge as the fastest-growing region in the forecast period.

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The Fraud Hunters Global Market Report 2024  provides an overview of the fraud hunters market for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The fraud hunters market forecast analyzes fraud hunters market size, fraud hunters market share, leading competitor and their market positions.

The Table Of Content For The Fraud Hunters Market Include:
1. Fraud Hunters Market Executive Summary
2. Fraud Hunters Market Segments
3. Fraud Hunters Market Size And Fraud Hunters Market Growth Rate
4. Key Fraud Hunters Market Trends
5. Major Fraud Hunters Market Drivers
……
25. Key Mergers And Acquisitions In The Fraud Hunters Market
26. Top Fraud Hunters Companies
27. Fraud Hunters Market Opportunities And Strategies
28. Fraud Hunters Market, Conclusions And Recommendations
29. Appendix

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