The anti-fraud management industry must pay attention to the upcoming five years and beyond. The worldwide anti-fraud management market is divided into decision support and fraud analysis based on solutions. North America, Japan, Africa, Eastern Europe, and both Western and Eastern Europe are all included. North America now controls the majority of the market. For the foreseeable future at least, North America is anticipated to maintain its dominance in the market.
The region is technologically advanced and also some of the most prominent players in the anti-fraud management space operate from the U.S. making it a constant presence in the anti-fraud management industry.
IBM, Oracle, and SAS are some of the prominent players in the industry. The market growth is expected to be primarily driven by North America. Money laundering and the funding of terrorism harm North America more than any other region in the globe. It is, nevertheless, the technologically second-most advanced area after Europe.
The market for anti-fraud management systems is projected to grow between 2022 and 2030 at a CAGR of 10.5%. This sector is expanding as a result of both the rise in fraud cases and the need for organizations to protect their data and assets from such unlawful activities.