Report overview
Insurance Fraud Detection refers to the detection and prevention of insurance fraud through services and solutions such as fraud analysis and authentication.
This report aims to provide a comprehensive presentation of the global market for Insurance Fraud Detection, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Insurance Fraud Detection. This report contains market size and forecasts of Insurance Fraud Detection in global, including the following market information:
Global Insurance Fraud Detection Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global top five companies in 2022 (%)
The global Insurance Fraud Detection market was valued at US$ 2048.1 million in 2022 and is projected to reach US$ 5116.1 million by 2029, at a CAGR of 14.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The U.S. Market is Estimated at $ Million in 2022, While China is to reach $ Million.
Fraud Analytics Segment to Reach $ Million by 2029, with a % CAGR in next six years.
The global key manufacturers of Insurance Fraud Detection include FICO, IBM, BAE Systems, SAS Institute, Experian, LexisNexis, Iovation, FRISS and SAP, etc. in 2022, the global top five players have a share approximately % in terms of revenue.
We surveyed the Insurance Fraud Detection companies, and industry experts on this industry, involving the revenue, demand, product type, recent developments and plans, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Insurance Fraud Detection Market, by Type, 2018-2023, 2024-2029 ($ millions)
Global Insurance Fraud Detection Market Segment Percentages, by Type, 2022 (%)
Fraud Analytics
Authentication
Other
Global Insurance Fraud Detection Market, by Application, 2018-2023, 2024-2029 ($ millions)
Global Insurance Fraud Detection Market Segment Percentages, by Application, 2022 (%)
Claims Fraud Detection
Identity Theft Detection
Payment and Billing Fraud Detection
Money Laundering Detection
Other
Global Insurance Fraud Detection Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions)
Global Insurance Fraud Detection Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Insurance Fraud Detection revenues in global market, 2018-2023 (estimated), ($ millions)
Key companies Insurance Fraud Detection revenues share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
FICO
IBM
BAE Systems
SAS Institute
Experian
LexisNexis
Iovation
FRISS
SAP
Fiserv
ACI Worldwide
Simility
Kount
Software AG
BRIDGEi2i Analytics Solutions
Perceptiviti
Outline of Major Chapters:
Chapter 1: Introduces the definition of Insurance Fraud Detection, market overview.
Chapter 2: Global Insurance Fraud Detection market size in revenue.
Chapter 3: Detailed analysis of Insurance Fraud Detection company competitive landscape, revenue and market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Insurance Fraud Detection in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: The main points and conclusions of the report.