Global Insurance Fraud Detection Market Research Report 2024(Status and Outlook)

Global Insurance Fraud Detection Market Research Report 2024(Status and Outlook)



Report Overview:

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 Size was estimated at USD 2360.01 million in 2023 and is projected to reach USD 5345.90 million by 2029, exhibiting a CAGR of 14.60% during the forecast period.

This report provides a deep insight into the global Insurance Fraud Detection market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Insurance Fraud Detection Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Insurance Fraud Detection market in any manner.

Global Insurance Fraud Detection Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

FICO

IBM

BAE Systems

SAS Institute

Experian

LexisNexis

Iovation

FRISS

SAP

Fiserv

ACI Worldwide

Simility

Kount

Software AG

BRIDGEi2i Analytics Solutions

Perceptiviti

Market Segmentation (by Type)

Fraud Analytics

Authentication

Other

Market Segmentation (by Application)

Claims Fraud Detection

Identity Theft Detection

Payment and Billing Fraud Detection

Money Laundering Detection

Other

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Insurance Fraud Detection Market

Overview of the regional outlook of the Insurance Fraud Detection Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors

You will be able to copy data from the Excel spreadsheet straight into your marketing plans, business presentations, or other strategic documents

The concise analysis, clear graph, and table format will enable you to pinpoint the information you require quickly

Provision of market value (USD Billion) data for each segment and sub-segment

Indicates the region and segment that is expected to witness the fastest growth as well as to dominate the market

Analysis by geography highlighting the consumption of the product/service in the region as well as indicating the factors that are affecting the market within each region

Competitive landscape which incorporates the market ranking of the major players, along with new service/product launches, partnerships, business expansions, and acquisitions in the past five years of companies profiled

Extensive company profiles comprising of company overview, company insights, product benchmarking, and SWOT analysis for the major market players

The current as well as the future market outlook of the industry concerning recent developments which involve growth opportunities and drivers as well as challenges and restraints of both emerging as well as developed regions

Includes in-depth analysis of the market from various perspectives through Porter’s five forces analysis

Provides insight into the market through Value Chain

Market dynamics scenario, along with growth opportunities of the market in the years to come

6-month post-sales analyst support

Customization of the Report

In case of any queries or customization requirements, please connect with our sales team, who will ensure that your requirements are met.

Note: this report may need to undergo a final check or review and this could take about 48 hours.

Chapter Outline

Chapter 1 mainly introduces the statistical scope of the report, market division standards, and market research methods.

Chapter 2 is an executive summary of different market segments (by region, product type, 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 Insurance Fraud Detection Market and its likely evolution in the short to mid-term, and long term.

Chapter 3 makes a detailed analysis of the Market's Competitive Landscape of the market and provides the market share, capacity, output, price, latest development plan, merger, and acquisition information of the main manufacturers in the market.

Chapter 4 is the analysis of the whole market industrial chain, including the upstream and downstream of the industry, as well as Porter's five forces analysis.

Chapter 5 introduces the latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.

Chapter 6 provides the analysis of various market segments according to product types, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.

Chapter 7 provides the analysis of various market segments according to 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 8 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 9 introduces the basic situation of the main companies in the market in detail, including product sales revenue, sales volume, price, gross profit margin, market share, product introduction, recent development, etc.

Chapter 10 provides a quantitative analysis of the market size and development potential of each region in the next five years.

Chapter 11 provides a quantitative analysis of the market size and development potential of each market segment (product type and application) in the next five years.

Chapter 12 is the main points and conclusions of the report.


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Insurance Fraud Detection
1.2 Key Market Segments
1.2.1 Insurance Fraud Detection Segment by Type
1.2.2 Insurance Fraud Detection Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Insurance Fraud Detection Market Overview
2.1 Global Market Overview
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Insurance Fraud Detection Market Competitive Landscape
3.1 Global Insurance Fraud Detection Revenue Market Share by Company (2019-2024)
3.2 Insurance Fraud Detection Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Company Insurance Fraud Detection Market Size Sites, Area Served, Product Type
3.4 Insurance Fraud Detection Market Competitive Situation and Trends
3.4.1 Insurance Fraud Detection Market Concentration Rate
3.4.2 Global 5 and 10 Largest Insurance Fraud Detection Players Market Share by Revenue
3.4.3 Mergers & Acquisitions, Expansion
4 Insurance Fraud Detection Value Chain Analysis
4.1 Insurance Fraud Detection Value Chain Analysis
4.2 Midstream Market Analysis
4.3 Downstream Customer Analysis
5 The Development and Dynamics of Insurance Fraud Detection Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 Mergers & Acquisitions
5.5.2 Expansions
5.5.3 Collaboration/Supply Contracts
5.6 Industry Policies
6 Insurance Fraud Detection Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Insurance Fraud Detection Market Size Market Share by Type (2019-2024)
6.3 Global Insurance Fraud Detection Market Size Growth Rate by Type (2019-2024)
7 Insurance Fraud Detection Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Insurance Fraud Detection Market Size (M USD) by Application (2019-2024)
7.3 Global Insurance Fraud Detection Market Size Growth Rate by Application (2019-2024)
8 Insurance Fraud Detection Market Segmentation by Region
8.1 Global Insurance Fraud Detection Market Size by Region
8.1.1 Global Insurance Fraud Detection Market Size by Region
8.1.2 Global Insurance Fraud Detection Market Size Market Share by Region
8.2 North America
8.2.1 North America Insurance Fraud Detection Market Size by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Insurance Fraud Detection Market Size by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Insurance Fraud Detection Market Size by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Insurance Fraud Detection Market Size by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Insurance Fraud Detection Market Size by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 FICO
9.1.1 FICO Insurance Fraud Detection Basic Information
9.1.2 FICO Insurance Fraud Detection Product Overview
9.1.3 FICO Insurance Fraud Detection Product Market Performance
9.1.4 FICO Insurance Fraud Detection SWOT Analysis
9.1.5 FICO Business Overview
9.1.6 FICO Recent Developments
9.2 IBM
9.2.1 IBM Insurance Fraud Detection Basic Information
9.2.2 IBM Insurance Fraud Detection Product Overview
9.2.3 IBM Insurance Fraud Detection Product Market Performance
9.2.4 FICO Insurance Fraud Detection SWOT Analysis
9.2.5 IBM Business Overview
9.2.6 IBM Recent Developments
9.3 BAE Systems
9.3.1 BAE Systems Insurance Fraud Detection Basic Information
9.3.2 BAE Systems Insurance Fraud Detection Product Overview
9.3.3 BAE Systems Insurance Fraud Detection Product Market Performance
9.3.4 FICO Insurance Fraud Detection SWOT Analysis
9.3.5 BAE Systems Business Overview
9.3.6 BAE Systems Recent Developments
9.4 SAS Institute
9.4.1 SAS Institute Insurance Fraud Detection Basic Information
9.4.2 SAS Institute Insurance Fraud Detection Product Overview
9.4.3 SAS Institute Insurance Fraud Detection Product Market Performance
9.4.4 SAS Institute Business Overview
9.4.5 SAS Institute Recent Developments
9.5 Experian
9.5.1 Experian Insurance Fraud Detection Basic Information
9.5.2 Experian Insurance Fraud Detection Product Overview
9.5.3 Experian Insurance Fraud Detection Product Market Performance
9.5.4 Experian Business Overview
9.5.5 Experian Recent Developments
9.6 LexisNexis
9.6.1 LexisNexis Insurance Fraud Detection Basic Information
9.6.2 LexisNexis Insurance Fraud Detection Product Overview
9.6.3 LexisNexis Insurance Fraud Detection Product Market Performance
9.6.4 LexisNexis Business Overview
9.6.5 LexisNexis Recent Developments
9.7 Iovation
9.7.1 Iovation Insurance Fraud Detection Basic Information
9.7.2 Iovation Insurance Fraud Detection Product Overview
9.7.3 Iovation Insurance Fraud Detection Product Market Performance
9.7.4 Iovation Business Overview
9.7.5 Iovation Recent Developments
9.8 FRISS
9.8.1 FRISS Insurance Fraud Detection Basic Information
9.8.2 FRISS Insurance Fraud Detection Product Overview
9.8.3 FRISS Insurance Fraud Detection Product Market Performance
9.8.4 FRISS Business Overview
9.8.5 FRISS Recent Developments
9.9 SAP
9.9.1 SAP Insurance Fraud Detection Basic Information
9.9.2 SAP Insurance Fraud Detection Product Overview
9.9.3 SAP Insurance Fraud Detection Product Market Performance
9.9.4 SAP Business Overview
9.9.5 SAP Recent Developments
9.10 Fiserv
9.10.1 Fiserv Insurance Fraud Detection Basic Information
9.10.2 Fiserv Insurance Fraud Detection Product Overview
9.10.3 Fiserv Insurance Fraud Detection Product Market Performance
9.10.4 Fiserv Business Overview
9.10.5 Fiserv Recent Developments
9.11 ACI Worldwide
9.11.1 ACI Worldwide Insurance Fraud Detection Basic Information
9.11.2 ACI Worldwide Insurance Fraud Detection Product Overview
9.11.3 ACI Worldwide Insurance Fraud Detection Product Market Performance
9.11.4 ACI Worldwide Business Overview
9.11.5 ACI Worldwide Recent Developments
9.12 Simility
9.12.1 Simility Insurance Fraud Detection Basic Information
9.12.2 Simility Insurance Fraud Detection Product Overview
9.12.3 Simility Insurance Fraud Detection Product Market Performance
9.12.4 Simility Business Overview
9.12.5 Simility Recent Developments
9.13 Kount
9.13.1 Kount Insurance Fraud Detection Basic Information
9.13.2 Kount Insurance Fraud Detection Product Overview
9.13.3 Kount Insurance Fraud Detection Product Market Performance
9.13.4 Kount Business Overview
9.13.5 Kount Recent Developments
9.14 Software AG
9.14.1 Software AG Insurance Fraud Detection Basic Information
9.14.2 Software AG Insurance Fraud Detection Product Overview
9.14.3 Software AG Insurance Fraud Detection Product Market Performance
9.14.4 Software AG Business Overview
9.14.5 Software AG Recent Developments
9.15 BRIDGEi2i Analytics Solutions
9.15.1 BRIDGEi2i Analytics Solutions Insurance Fraud Detection Basic Information
9.15.2 BRIDGEi2i Analytics Solutions Insurance Fraud Detection Product Overview
9.15.3 BRIDGEi2i Analytics Solutions Insurance Fraud Detection Product Market Performance
9.15.4 BRIDGEi2i Analytics Solutions Business Overview
9.15.5 BRIDGEi2i Analytics Solutions Recent Developments
9.16 Perceptiviti
9.16.1 Perceptiviti Insurance Fraud Detection Basic Information
9.16.2 Perceptiviti Insurance Fraud Detection Product Overview
9.16.3 Perceptiviti Insurance Fraud Detection Product Market Performance
9.16.4 Perceptiviti Business Overview
9.16.5 Perceptiviti Recent Developments
10 Insurance Fraud Detection Regional Market Forecast
10.1 Global Insurance Fraud Detection Market Size Forecast
10.2 Global Insurance Fraud Detection Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Insurance Fraud Detection Market Size Forecast by Country
10.2.3 Asia Pacific Insurance Fraud Detection Market Size Forecast by Region
10.2.4 South America Insurance Fraud Detection Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Insurance Fraud Detection by Country
11 Forecast Market by Type and by Application (2025-2030)
11.1 Global Insurance Fraud Detection Market Forecast by Type (2025-2030)
11.2 Global Insurance Fraud Detection Market Forecast by Application (2025-2030)
12 Conclusion and Key Findings

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