USD 2,945.3 million by 2028 while exhibiting a CAGR of 20.0% between 2021 and 2028. Fortune Business Insights, in its latest report, titled “Latin America Fraud Detection and Prevention Market, 2021-2028.”
, mentions that the market stood at USD 729.4 million in 2020. Factors such as the increasing incidence of data fraud and the rising adoption of mobile phones are expected to favor the product s demand in the forthcoming years. According to the latest Pew Research Center Survey, LATAM countries such as Argentina, Venezuela, and Chile have the most smartphone users. For instance, 83% of Argentines, 86% of Venezuelans, and 91% of Chileans own a cellphone.
Increasing Focus on Digitization amid COVID-19 Leads to Market Exhibiting 12.0% Growth Rate in 2020
Data Bridge Market Research’s database of 350 pages, titled as “
Fraud Detection And Prevention Market” study with 100+ market data Tables, Pie Chat, Graphs & Figures. All the data and information gathered in the Fraud Detection And Prevention report is studied and analysed with the demonstrated tools and techniques such as SWOT analysis and Porter’s Five Forces analysis. This Fraud Detection And Prevention report has several aspects of marketing research and analysis for ABC industry which includes market size estimations, market dynamics, company & market best practices, entry level marketing strategies, positioning and segmentations, competitive landscaping, opportunity analysis, economic forecasting, industry-specific technology solutions, roadmap analysis, targeting key buying criteria, and in-depth benchmarking of vendor offerings.