AI in Financial Fraud Detection Market Summary 2022-2027 Infographic

AI in Financial Fraud Detection Market Summary 2022-2027

This infographic illustrates Juniper Research's latest forecast for the total amount spent by business on AI-enabled financial fraud detection and prevention platforms in 2027, alongside a number of facts and figures related to our new research - including a discussion of how vendors must look towards tailored their services to specific verticals and geographies to distinguish themselves from their rivals.
 

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Our complimentary whitepaper, Fighting Financial Fraud with AI, examines key trends driving the adoption of AI in fighting financial fraud, alongside challenges to future growth.
 
 
"A new study from Juniper Research has found the global business spend on AI-enabled financial fraud detection and prevention strategy platforms will exceed $10 billion globally in 2027; rising from just over $6.5 billion in 2022. Growing at 57% over the period, the report predicts that as fraudsters become more sophisticated in their attacks, merchants and issuers will become more adept at utilising highly advanced AI-enabled fraud detection methods to combat crime."