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Global Insurance Fraud Detection Market Research Report 2024

Global Insurance Fraud Detection Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1805740

No of Pages : 96

Synopsis

Insurance Fraud Detection refers to the detection and prevention of insurance fraud through services and solutions such as fraud analysis and authentication.

The global Insurance Fraud Detection market was valued at US$ 1990.4 million in 2023 and is anticipated to reach US$ 5334.7 million by 2030, witnessing a CAGR of 14.6% during the forecast period 2024-2030.

North American market for Insurance Fraud Detection is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

Asia-Pacific market for Insurance Fraud Detection is estimated to increase from $ million in 2023 to reach $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The global market for Insurance Fraud Detection in Claims Fraud Detection is estimated to increase from $ million in 2023 to $ million by 2030, at a CAGR of % during the forecast period of 2024 through 2030.

The major global companies of Insurance Fraud Detection include FICO, IBM, BAE Systems, SAS Institute, Experian, LexisNexis, Iovation, FRISS and SAP, etc. In 2023, the world's top three vendors accounted for approximately % of the revenue.

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.

Report Scope

The Insurance Fraud Detection market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Insurance Fraud Detection market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.

For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.

The report will help the Insurance Fraud Detection companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

Market Segmentation

By Company (Partial List)

  • FICO
  • IBM
  • BAE Systems
  • SAS Institute
  • Experian
  • LexisNexis
  • Iovation
  • FRISS
  • SAP
  • Fiserv
  • ACI Worldwide
  • Simility
  • Kount
  • Software AG
  • BRIDGEi2i Analytics Solutions
  • Perceptiviti

Segment by Type

  • Fraud Analytics
  • Authentication
  • Other

Segment by Application

  • Claims Fraud Detection
  • Identity Theft Detection
  • Payment and Billing Fraud Detection
  • Money Laundering Detection
  • Other

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Russia)
  • Asia-Pacific (China, Japan, South Korea, India, Australia, China Taiwan, Indonesia, Thailand, Malaysia)
  • Latin America (Mexico, Brazil, Argentina)
  • Middle East & Africa (Turkey, Saudi Arabia, UAE)

Chapter Outline

Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of Insurance Fraud Detection companies’ competitive landscape, revenue 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, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. 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, and capacity of each country in the world.
Chapter 11: 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 12: The main points and conclusions of the report.

Index

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Insurance Fraud Detection Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Fraud Analytics
1.2.3 Authentication
1.2.4 Other
1.3 Market by Application
1.3.1 Global Insurance Fraud Detection Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Claims Fraud Detection
1.3.3 Identity Theft Detection
1.3.4 Payment and Billing Fraud Detection
1.3.5 Money Laundering Detection
1.3.6 Other
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Insurance Fraud Detection Market Perspective (2019-2030)
2.2 Insurance Fraud Detection Growth Trends by Region
2.2.1 Global Insurance Fraud Detection Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Insurance Fraud Detection Historic Market Size by Region (2019-2024)
2.2.3 Insurance Fraud Detection Forecasted Market Size by Region (2025-2030)
2.3 Insurance Fraud Detection Market Dynamics
2.3.1 Insurance Fraud Detection Industry Trends
2.3.2 Insurance Fraud Detection Market Drivers
2.3.3 Insurance Fraud Detection Market Challenges
2.3.4 Insurance Fraud Detection Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Insurance Fraud Detection Players by Revenue
3.1.1 Global Top Insurance Fraud Detection Players by Revenue (2019-2024)
3.1.2 Global Insurance Fraud Detection Revenue Market Share by Players (2019-2024)
3.2 Global Insurance Fraud Detection Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Insurance Fraud Detection Revenue
3.4 Global Insurance Fraud Detection Market Concentration Ratio
3.4.1 Global Insurance Fraud Detection Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Insurance Fraud Detection Revenue in 2023
3.5 Insurance Fraud Detection Key Players Head office and Area Served
3.6 Key Players Insurance Fraud Detection Product Solution and Service
3.7 Date of Enter into Insurance Fraud Detection Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Insurance Fraud Detection Breakdown Data by Type
4.1 Global Insurance Fraud Detection Historic Market Size by Type (2019-2024)
4.2 Global Insurance Fraud Detection Forecasted Market Size by Type (2025-2030)
5 Insurance Fraud Detection Breakdown Data by Application
5.1 Global Insurance Fraud Detection Historic Market Size by Application (2019-2024)
5.2 Global Insurance Fraud Detection Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Insurance Fraud Detection Market Size (2019-2030)
6.2 North America Insurance Fraud Detection Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Insurance Fraud Detection Market Size by Country (2019-2024)
6.4 North America Insurance Fraud Detection Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Insurance Fraud Detection Market Size (2019-2030)
7.2 Europe Insurance Fraud Detection Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Insurance Fraud Detection Market Size by Country (2019-2024)
7.4 Europe Insurance Fraud Detection Market Size by Country (2025-2030)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific Insurance Fraud Detection Market Size (2019-2030)
8.2 Asia-Pacific Insurance Fraud Detection Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Insurance Fraud Detection Market Size by Region (2019-2024)
8.4 Asia-Pacific Insurance Fraud Detection Market Size by Region (2025-2030)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America Insurance Fraud Detection Market Size (2019-2030)
9.2 Latin America Insurance Fraud Detection Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Insurance Fraud Detection Market Size by Country (2019-2024)
9.4 Latin America Insurance Fraud Detection Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Insurance Fraud Detection Market Size (2019-2030)
10.2 Middle East & Africa Insurance Fraud Detection Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Insurance Fraud Detection Market Size by Country (2019-2024)
10.4 Middle East & Africa Insurance Fraud Detection Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 FICO
11.1.1 FICO Company Detail
11.1.2 FICO Business Overview
11.1.3 FICO Insurance Fraud Detection Introduction
11.1.4 FICO Revenue in Insurance Fraud Detection Business (2019-2024)
11.1.5 FICO Recent Development
11.2 IBM
11.2.1 IBM Company Detail
11.2.2 IBM Business Overview
11.2.3 IBM Insurance Fraud Detection Introduction
11.2.4 IBM Revenue in Insurance Fraud Detection Business (2019-2024)
11.2.5 IBM Recent Development
11.3 BAE Systems
11.3.1 BAE Systems Company Detail
11.3.2 BAE Systems Business Overview
11.3.3 BAE Systems Insurance Fraud Detection Introduction
11.3.4 BAE Systems Revenue in Insurance Fraud Detection Business (2019-2024)
11.3.5 BAE Systems Recent Development
11.4 SAS Institute
11.4.1 SAS Institute Company Detail
11.4.2 SAS Institute Business Overview
11.4.3 SAS Institute Insurance Fraud Detection Introduction
11.4.4 SAS Institute Revenue in Insurance Fraud Detection Business (2019-2024)
11.4.5 SAS Institute Recent Development
11.5 Experian
11.5.1 Experian Company Detail
11.5.2 Experian Business Overview
11.5.3 Experian Insurance Fraud Detection Introduction
11.5.4 Experian Revenue in Insurance Fraud Detection Business (2019-2024)
11.5.5 Experian Recent Development
11.6 LexisNexis
11.6.1 LexisNexis Company Detail
11.6.2 LexisNexis Business Overview
11.6.3 LexisNexis Insurance Fraud Detection Introduction
11.6.4 LexisNexis Revenue in Insurance Fraud Detection Business (2019-2024)
11.6.5 LexisNexis Recent Development
11.7 Iovation
11.7.1 Iovation Company Detail
11.7.2 Iovation Business Overview
11.7.3 Iovation Insurance Fraud Detection Introduction
11.7.4 Iovation Revenue in Insurance Fraud Detection Business (2019-2024)
11.7.5 Iovation Recent Development
11.8 FRISS
11.8.1 FRISS Company Detail
11.8.2 FRISS Business Overview
11.8.3 FRISS Insurance Fraud Detection Introduction
11.8.4 FRISS Revenue in Insurance Fraud Detection Business (2019-2024)
11.8.5 FRISS Recent Development
11.9 SAP
11.9.1 SAP Company Detail
11.9.2 SAP Business Overview
11.9.3 SAP Insurance Fraud Detection Introduction
11.9.4 SAP Revenue in Insurance Fraud Detection Business (2019-2024)
11.9.5 SAP Recent Development
11.10 Fiserv
11.10.1 Fiserv Company Detail
11.10.2 Fiserv Business Overview
11.10.3 Fiserv Insurance Fraud Detection Introduction
11.10.4 Fiserv Revenue in Insurance Fraud Detection Business (2019-2024)
11.10.5 Fiserv Recent Development
11.11 ACI Worldwide
11.11.1 ACI Worldwide Company Detail
11.11.2 ACI Worldwide Business Overview
11.11.3 ACI Worldwide Insurance Fraud Detection Introduction
11.11.4 ACI Worldwide Revenue in Insurance Fraud Detection Business (2019-2024)
11.11.5 ACI Worldwide Recent Development
11.12 Simility
11.12.1 Simility Company Detail
11.12.2 Simility Business Overview
11.12.3 Simility Insurance Fraud Detection Introduction
11.12.4 Simility Revenue in Insurance Fraud Detection Business (2019-2024)
11.12.5 Simility Recent Development
11.13 Kount
11.13.1 Kount Company Detail
11.13.2 Kount Business Overview
11.13.3 Kount Insurance Fraud Detection Introduction
11.13.4 Kount Revenue in Insurance Fraud Detection Business (2019-2024)
11.13.5 Kount Recent Development
11.14 Software AG
11.14.1 Software AG Company Detail
11.14.2 Software AG Business Overview
11.14.3 Software AG Insurance Fraud Detection Introduction
11.14.4 Software AG Revenue in Insurance Fraud Detection Business (2019-2024)
11.14.5 Software AG Recent Development
11.15 BRIDGEi2i Analytics Solutions
11.15.1 BRIDGEi2i Analytics Solutions Company Detail
11.15.2 BRIDGEi2i Analytics Solutions Business Overview
11.15.3 BRIDGEi2i Analytics Solutions Insurance Fraud Detection Introduction
11.15.4 BRIDGEi2i Analytics Solutions Revenue in Insurance Fraud Detection Business (2019-2024)
11.15.5 BRIDGEi2i Analytics Solutions Recent Development
11.16 Perceptiviti
11.16.1 Perceptiviti Company Detail
11.16.2 Perceptiviti Business Overview
11.16.3 Perceptiviti Insurance Fraud Detection Introduction
11.16.4 Perceptiviti Revenue in Insurance Fraud Detection Business (2019-2024)
11.16.5 Perceptiviti Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Published By : QY Research

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