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Insurance Fraud Detection Market - Global Outlook and Forecast 2022-2028

Insurance Fraud Detection Market - Global Outlook and Forecast 2022-2028

  • Published on : 13 July 2022
  • Pages :104
  • Report Code:SMR-7204730

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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 contains market size and forecasts of Insurance Fraud Detection in Global, including the following market information:

  • Global Insurance Fraud Detection Market Revenue, 2017-2022, 2023-2028, ($ millions)
  • Global top five companies in 2021 (%)

The global Insurance Fraud Detection market was valued at 2048.1 million in 2021 and is projected to reach US$ 5116.1 million by 2028, at a CAGR of 14.0% during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Fraud Analytics Segment to Reach $ Million by 2028, 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 2021, 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, 2017-2022, 2023-2028 ($ millions)
Global Insurance Fraud Detection Market Segment Percentages, by Type, 2021 (%)

  • Fraud Analytics
  • Authentication
  • Other

Global Insurance Fraud Detection Market, by Application, 2017-2022, 2023-2028 ($ millions)
Global Insurance Fraud Detection Market Segment Percentages, by Application, 2021 (%)

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

Global Insurance Fraud Detection Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions)
Global Insurance Fraud Detection Market Segment Percentages, By Region and Country, 2021 (%)

  • 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, 2017-2022 (estimated), ($ millions)
  • Key companies Insurance Fraud Detection revenues share in global market, 2021 (%)

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