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The global Fraud Detection and Prevention Market is expected to grow significantly in the coming years due to the increasing use of digital technologies and IoT, as well as the rise in fraudulent activities. The market is driven by the demand for fraud prevention solutions that can protect businesses from financial losses and reputational harm. The on-cloud deployment mode is projected to grow at the highest rate, driven by its scalability, cost-efficiency, real-time analytics capabilities, and enhanced accessibility.