Scam Robocalls Forecast to Cost $58bn This Year

The cost of fraudulent robocalls to victims will increase 9% from 2022 to reach $58bn globally this year, according to a new report from Juniper Research.

The market analyst revealed the news in a new report out today: Robocall Mitigation: Strategies, Business Models & Market Forecasts 2023–2027.

Auto-dialling software that delivers pre-recorded messages is widely available and used by both legitimate marketers and scammers.

Although the tech can be used by healthcare providers, airline operators and the like to provide automate service updates and reminders for customers, robocalls are frequently viewed as a nuisance…