Report Overview

Global Online Payment Fraud Detection market size was USD 2.84 billion in 2023 and the market is projected to touch USD 4.26 billion by 2031, at a CAGR of 5.2 % during the forecast period.

 

 

 

Global Online Payment Fraud Detection Market report scope and segmentation.

Report Attribute

Details

Base Year

2023

Forecast Years

2024 – 2031

Estimated Market Value (2023)

USD 2.84 Billion

Projected Market Value (2031)

USD 4.26 Billion

Segments Covered

By Company type, By Product type, By Technology, By Payment Mode, & By Region.

Forecast Units

Value (USD Million or Billion)

Regions Covered

North America, Europe, Asia Pacific, Rest of the World (Latin America, and Middle East & Africa)

Countries Covered

U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, among others.

 

Global Online Payment Fraud Detection Market dynamics

Many major factors drive global Online Payment Fraud Detection market. Quick consumer preference as a result of increasingly hectic urban lifestyles is one of the most significant contributors.

 

 

Global Online Payment Fraud Detection Market

  • Drivers:

Rising Consumer Demand for Convenience

Because the pace of life became accelerated and cities grew more urbanized there was also a requirement among consumers to have services that save time and bring instant satisfaction.

  • Restraints:

High Operational Costs

Infrastructure, especially for last-mile delivery solutions, demands a lot of money in Online Payment Fraud Detection.

  • Opportunities:

Expansion into New Markets

The present-day Online Payment Fraud Detection does very well in denser metropolises, however there are promising prospects for growth by enlarging into towns and villages.

  • Challenges:

Expansion into New Markets

The present-day Online Payment Fraud Detection does very well in denser metropolises, however there are promising prospects for growth by enlarging into towns and villages.

 

 

  • Segment Overview

By Company Type, the Online Payment Fraud Detection market is segmented into pureplay and non-pureplay companies.

Global Online Payment Fraud Detection Market Overview by Region

Due to the extensive penetration of smartphones, robust e-commerce ecosystems and improved logistics networks,

Global Online Payment Fraud Detection market competitive landscape

Key players include pureplay companies like Gopuff, Gorillas, and Getir, which focus exclusively on rapid delivery services.

 

 

Global Online Payment Fraud Detection Market Recent Developments

  • December 2023, Flipkart acquired by Walmart, who also ventured into rapid-commerce delivery services and commenced operations within 20 Indian cities.

 

 

 

Global Online Payment Fraud Detection report market segmentation

ATTRIBUTE

DETAILS

By Company type

  • Non-pureplay
  • Pureplay

By Product type

  • Personal Care
  • Fresh Food
  • Groceries
  • Others

By Technology

  • Website Based Operation
  • Hybrid Operation
  • Application Based Operation

By Payment Mode

  • Online
  • Cash on Delivery

Customization Scope

  • Available upon request

Pricing

  • Available upon request

Frequently Asked Questions?

Ans - Global Online Payment Fraud Detection market forecast period is 2024 – 2031

Ans - According to global Markstats research, the market is expected to grow at a CAGR of ~ 5.2% over the next eight years.

Ans - The expected market size for Global Online Payment Fraud Detection is USD 4.26 billion in 2031.

Ans - The possible segments in global Online Payment Fraud Detection market are based on By Company type, By Product type, By Technology, By Payment Mode, & by region.

Ans - The major players in the market are Gopuff Inc., Gorillas Technologies GmbH.