PUBLISHER: QKS Group | PRODUCT CODE: 1637464
PUBLISHER: QKS Group | PRODUCT CODE: 1637464
This product includes two reports: Market Share and Market Forecast.
QKS Group Reveals that eCommerce Fraud Prevention Market is Projected to Register a CAGR of above average by 2028 in Central and Eastern Europe.
Central & Eastern Europe (CEE) is poised for robust growth in the eCommerce Fraud Prevention Solution market, with a projected CAGR that is above the global average by 2028. This growth is driven by increasing regulatory scrutiny and the need to strengthen eCommerce security across the region. Countries in CEE are implementing comprehensive fraud prevention frameworks to align with European Union standards and improve fraud detection. Organizations are progressively adopting advanced fraud prevention technologies to enhance compliance, operational efficiency, and security, fostering significant market expansion.
Quadrant Knowledge Solutions defines "A robust framework that allows eCommerce businesses and payment processors to detect and stop high-risk transactions from getting processed. The solution employs AI-powered advanced machine learning models, rules, and automation to analyze and assess each transaction's potential risk in real-time to minimize the losses due to fraud and increase the organization's profitability."
QKS Group Reveals that eCommerce Fraud Prevention Market is Projected to Register a CAGR of above average by 2028 in Central and Eastern Europe.
The future of the eCommerce Fraud Prevention Solution market in Central & Eastern Europe (CEE) is bright, with significant developments anticipated in regulatory enforcement and technological adoption. The region is expected to witness increased investments in AI and machine learning-driven fraud prevention solutions, which will enhance the precision and efficiency of fraud detection and prevention processes. Regulatory bodies are likely to impose stricter requirements, compelling organizations to adopt more sophisticated systems. This evolving landscape will drive continuous innovation and improvement in fraud prevention practices, positioning CEE as a key region in the global effort to enhance security measures and combat eCommerce fraud.
Quadrant Knowledge Solutions defines "A robust framework that allows eCommerce businesses and payment processors to detect and stop high-risk transactions from getting processed. The solution employs AI-powered advanced machine learning models, rules, and automation to analyze and assess each transaction's potential risk in real-time to minimize the losses due to fraud and increase the organization's profitability."