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Insurance Fraud Detection Market by Component (Solutions, Service) Application Area (Claims Fraud, Identity Theft, Payment and Billing Fraud, & Money Laundering), Deployment Mode, Organization Size & Region - Global Forecast to 2024

  • ID: 4791512
  • Report
  • Region: Global
  • 156 Pages
  • Markets and Markets
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The Global Insurance Fraud Detection Market Size is Expected to Grow from USD 2.5 Billion in 2019 to USD 7.9 Billion By 2024, at a CAGR of 25.8%

FEATURED COMPANIES

  • ACI Worldwide
  • Experian
  • Fiserv
  • IBM
  • Kount
  • Perceptiviti
  • MORE

The exponential rise in the sophistication of cyber attacks insurance sector and substantial monetary losses due to these attacks will drive the overall insurance fraud detection market

Various factors, such as exponential rise in the sophistication level of cyber-attacks and huge monetary losses due to these attacks in the insurance sector, are expected to drive the market. However, lack of awareness among organizations about the importance of fraud detection solutions and improper implementation coupled with the lack of integration of fraud detection solutions across organization networks may restrain the market growth.

Solution segment to hold a larger market size during the forecast period

The solution segment is expected to hold a larger market size in the fraud detection market during the forecast period. Fraud detection vendors help insurance organizations to tackle the security challenges and threats they pose due to the increased adoption of digital technologies such as IoT and BYOD in their organizations to enhance the customer experience. The solutions are classified into fraud analytics, authentication, and governance, risk, & compliance (GRC) solutions. Fraud analytics is a discipline which involves a set of analytical techniques that analyze enterprises’ systems and database to identify the vulnerabilities where fraud can happen. These solutions monitor and analyze data from several data sources; detect anomalies and suspicious & unusual behavior across all channels; and provide a control mechanism to prevent fraudulent practices, in real-time.

The authentication solution helps enterprises in validating the identity of the transactions between the individuals as well as restricting any unauthorized access across organizations networks, servers, and other infrastructure. GRC solution is implemented across enterprises to manage business risks and abide with regulatory compliance environment. The various advantages that these solutions offer to the insurance sector in handling their security challenges will force the organizations to adopt insurance fraud detection solutions on a large scale.

Among deployment type, cloud deployment segment to grow at a higher CAGR during the forecast period

Under deployment type, insurance fraud detection market is segmented by cloud and on-premises. The cloud deployment type is set to grow at a higher CAGR during the forecast period. The deployment of cloud-based insurance fraud detection solutions is done over the internet, where software, infrastructure, platforms, devices, and other resources are provided as services on a pay-per-use basis by consumers. The cloud-based platform offers a unified way in the form of SaaS-based insurance fraud detection services to secure business applications. Cloud-based systems are comparatively less expensive than on-premises deployment, thus permitting businesses to reduce IT expenses, including hardware and support staff. Owing to these factors, organizations are adopting the cloud-based deployment type for deploying fraud detection solutions on a large scale.

North America to account for the largest market size, whereas APAC to grow at the highest CAGR

North America is projected to hold the largest market size of the insurance fraud detection market during the forecast period, owing to the early adoption of the insurance fraud detection solutions in the region. Protecting enterprise-critical infrastructures and sensitive data has become one of the major challenges, as the world is moving toward interconnections and digitalization. The growing trends, such as IoT, IoE, and penetration of smartphones, have increased the volume of data and transactions performed by online users. Moreover, mobile users are frequently targeted by fraudsters, as online mobile banking has become a popular method of making financial transactions. The rise in threats and vulnerabilities and government compliances has made North America the most lucrative industry for different categories of vendors.  The concentrated presence of a large number of insurance fraud detection solution and services providers in the US is also expected to drive revenue growth from the region. The APAC market is expected to grow at the highest CAGR during the forecast period, owing to the rise in the threat of frauds at an alarming rate in the insurance sector in this region, thus driving an increase in spending on insurance fraud detection solutions.

In-depth interviews were conducted with Chief Executive Officers (CEOs), marketing directors, other innovation and technology directors, and executives from various key organizations operating in the insurance fraud detection marketplace.

  • By Company: Tier 1 – 20%, Tier 2 – 55%, and Tier 3 – 25%
  • By Designation: C-level – 50%, Director level – 25%, and Others – 25%
  • By Region: North America – 45%, Europe – 25%, APAC – 20%, Latin America – 5%, Middle East and Africa: – 5%

Major vendors in the global insurance fraud detection market include FICO (US), IBM (US), BAE Systems (UK), SAS Institute (US), Experian (Ireland), LexisNexis (US), iovation (US), FRISS (Netherlands), SAP (Germany), Fiserv (US), ACI Worldwide (US), Simility (US), Kount (US), Software AG (Germany), BRIDGEi2i Analytics Solutions (India), and Perceptiviti (India).

Research Coverage

The market study covers the insurance fraud detection market across segments. It aims at estimating the market size and the growth potential of the market across segments, such as component (solution (fraud analytics, authentication, and GRC solutions) and services), deployment type, organization size, and region. The study also includes an in-depth competitive analysis of the key players in the market, along with their company profiles, key observations related to product and business offerings, recent developments, and key market strategies.

Key Benefits of Buying the Report

The report will help the market leaders/new entrants in the insurance fraud detection market with information on the closest approximations of the revenue numbers for the overall insurance fraud detection market and the subsegments. The report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. The report also helps stakeholders understand the pulse of the market and provides them with information on key market drivers, restraints, challenges, and opportunities.

Note: Product cover images may vary from those shown
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FEATURED COMPANIES

  • ACI Worldwide
  • Experian
  • Fiserv
  • IBM
  • Kount
  • Perceptiviti
  • MORE

1 Introduction
1.1 Objectives of the Study
1.2 Market Definition
1.3 Market Scope
1.3.1 Market Segmentation
1.3.2 Regions Covered
1.4 Years Considered for the Study
1.5 Currency Considered
1.6 Stakeholders

2 Research Methodology
2.1 Research Data
2.1.1 Secondary Data
2.1.2 Primary Data
2.1.2.1 Breakup of Primary Profiles
2.1.2.2 Key Industry Insights
2.1.2.3 Market Breakup and Data Triangulation
2.2 Market Size Estimation
2.2.1 Top-Down Approach
2.2.2 Bottom-Up Approach
2.3 Market Forecast
2.4 Assumptions for the Study
2.5 Limitations of the Study

3 Executive Summary

4 Premium Insights
4.1 Attractive Market Opportunities in the Insurance Fraud Detection Market
4.2 Market By Component, 2019–2024
4.3 Market By Solution, 2019–2024
4.4 Market Share of Top 3 Solutions and Regions, 2019
4.5 Market By Organization Size, 2019
4.6 Market By Organization Size, 2019
4.7 Market Investment Scenario

5 Market Overview and Industry Trends
5.1 Introduction
5.2 Market Dynamics
5.2.1 Drivers
5.2.1.1 Need to Effectively Manage Huge Volumes of Identities By Organizations
5.2.1.2 Increasing Adoption of Advanced Analytics Techniques
5.2.1.3 Improved Operational Efficiency and Enhanced Customer Experience
5.2.1.4 Stringent Regulatory Compliances
5.2.2 Restraints
5.2.2.1 Insurance Institutions Lack Awareness Regarding Fraud Detection Solutions
5.2.3 Opportunities
5.2.3.1 Increasing Adoption of IoT and Byod Trends
5.2.3.2 Proliferation of Cloud-Based Insurance Fraud Detection Solutions and Services Among Global Organizations
5.2.4 Challenges
5.2.4.1 Improper Implementation and Lack of Integration of Fraud Detection Solutions Across Organization Networks
5.3 Regulatory Compliances
5.3.1 Know Your Customer (KYC)
5.3.2 Anti-Money Laundering (AML)
5.3.3 General Data Protection Regulation (GDPR)
5.3.4 Electronic Identification, Authentication, and Trust Services (EIDAS)
5.4 Innovation Spotlight
5.5 use Cases
5.5.1 Insurance Fraud Detection By BAE Systems
5.5.2 Claims Fraud Detection in Insurance, By Aureus Analytics
5.5.3 Optimizing Investigation Process for Identifying Additional Premium Opportunities, By Prads Inc.

6 Insurance Fraud Detection Market By Component
6.1 Introduction
6.2 Solutions
6.2.1 Increasing Fraudulent Activities to Drive the Adoption of Insurance Fraud Detection Solutions
6.3 Services
6.3.1 Demand for Seamless Experience and Personalised Services to Contribute to the Growth of Services Market

7 Insurance Fraud Detection Market By Solution
7.1 Introduction
7.2 Fraud Analytics
7.2.1 Predictive Analytics
7.2.1.1 Predictive Analytics Solutions Help Identify Potential Threats, Payment Frauds, Frauds in Insurance Processes, and Credit/Debit Card Frauds
7.2.2 Descriptive Analytics
7.2.2.1 Descriptive Analytics Involves the Interpretation of Historical Data to Yield Useful Information
7.2.3 Social Media Analytics
7.2.3.1 Social Media Analytics Tools Help Identify Suspicious Patterns Through Specialized Algorithms for Effective Fraud Detection in the Insurance Sector
7.2.4 Big Data Analytics
7.2.4.1 Need for Advanced Analytical Solution That Proactively Defends Against Fraudulent Activities to Drive the Adoption of Big Data Analytics Solutions in the Insurance Sector
7.3 Authentication
7.3.1 Single-Factor Authentication
7.3.1.1 Need for Simple and Less Complex Form of Authentication Solution to Boost the Growth of Sfa
7.3.2 Multi-Factor Authentication
7.3.2.1 the Demand for Mfa to Secure the Data and Information Against Frauds to Provide Massive Opportunities to Mfa Solution Providers
7.3.3 Risk-Based Authentication
7.3.3.1 Need to Analyze Risk Levels and Apply Stringent Authentication Processes to Boost the Growth of Rba Solutions
7.4 Governance, Risk, and Compliance
7.4.1 Enterprises Widely Adopting Governance, Risk, and Compliance Solutions to Ensure the Fraud Management Systems are Up-To-Date
7.5 Others

8 Insurance Fraud Detection Market By Service
8.1 Introduction
8.2 Professional Services
8.2.1 Consulting Services
8.2.1.1 Consulting Services Help Optimize Organizations’ Ability to Consume, Analyze, and Apply Insurance Fraud Detection Solutions to Protect Their Assets
8.2.2 Training and Education
8.2.2.1 Lack of Skilled Security Professionals Driving the Adoption of Training and Education Services
8.2.3 Support and Maintenance
8.2.3.1 Support and Maintenance Service Providers Help Enterprises in Providing Installation, Maintenance, and Other Support Activities
8.3 Managed Services
8.3.1 Managed Services Gaining Popularity as They Help Organizations Meet the Compliance Needs

9 Insurance Fraud Detection Market By Application Area
9.1 Introduction
9.2 Claims Fraud
9.2.1 Rise in Fraudulent Claims in Healthcare, Life, and Motor Insurance Areas
9.3 Identity Theft
9.3.1 Fraud Detection Solutions Actively Implemented By Enterprises to Prevent Theft of Identities for Financial Crime
9.4 Payment Fraud and Billing Fraud
9.4.1 Due to Growing Popularity of Online Money Transactions, Electronic Payment Frauds has Become a Serious Issue
9.5 Money Laundering
9.5.1 to Prevent Money Laundering, Governments Across the World Adopting New Laws and Regulations

10 Insurance Fraud Detection Market By Deployment Mode
10.1 Introduction
10.2 Cloud
10.2.1 Low Cost of Installation, Upgrade, and Maintenance to Increase the Adoption of Cloud-Based Insurance Fraud Detection Solutions
10.3 On-Premises
10.3.1 Need to Secure the In-House Applications, Platforms, and Systems Against Operational Frauds to Fuel the Demand for On-Premises Deployment Mode

11 Insurance Fraud Detection Market By Organization Size
11.1 Introduction
11.2 Small and Medium-Sized Enterprises
11.2.1 Growing Fraudulent Activities to Drive the Adoption of Insurance Fraud Detection Solutions Among Small and Medium-Sized Enterprises
11.3 Large Enterprises
11.3.1 Rise of Financial Losses and Hefty Fines for Regulatory Non-Compliance to Boost the Adoption of Insurance Fraud Detection Solutions Among Large Enterprises

12 Insurance Fraud Detection Market By Region
12.1 Introduction
12.2 North America
12.2.1 United States
12.2.1.1 Increasing Investments By the Insurance Sector in Fraud Detection Solutions to Drive the Growth of Market in the US
12.2.1.2 99
12.2.2 Canada
12.2.2.1 Government Initiatives to Safeguard Network Systems Against Frauds Driving the Growth of Market in Canada
12.3 Europe
12.3.1 United Kingdom
12.3.1.1 Growing Trend of Byod and Increased use of Applications in Enterprises and Threat to Organizational Data Driving the Growth of Market in the United Kingdom
12.3.2 Germany
12.3.2.1 Rising use of Online Transactions to Pay Premiums and Increasing Threat to Confidential Information Driving the Growth of Market in Germany
12.3.3 France
12.3.3.1 Rising Money Laundering and Identity Impersonation to Fuel the Growth of Market in France
12.3.4 Rest of Europe
12.4 Asia Pacific
12.4.1 China
12.4.1.1 Increasing Need to Secure APIs, Mobile Apps, and Websites From Fraudsters to Contribute to the Growth of Market in China
12.4.2 Japan
12.4.2.1 Rise in the Number of Potential Frauds Due to High Internet Penetration to Fuel the Growth of Market in Japan
12.4.3 India
12.4.3.1 Growing Adoption of Fraud Detection Solutions in the Insurance Sector Due to Rise of Mobile Applications Use, Digitalization of Various Services, and Rise in Fraud Attacks to Drive the Adoption of Insurance Fraud Detection Solutions on a Large Scale in India
12.4.4 Rest of Asia Pacific
12.5 Middle East and Africa
12.5.1 Middle East
12.5.1.1 7.5.2.1 Increasing Frauds in the Insurance Vertical to Drive the Growth of Insurance Fraud Detection Market in the Middle East
12.5.2 Africa
12.5.2.1 Hefty Financial Losses Due to Fraudulent Attacks Across the Insurance Organizations to Contribute to the Growth of Market in Africa
12.6 Latin America
12.6.1 Brazil
12.6.1.1 126
12.6.1.2 Increasing Investments By SMES and Large Enterprises Due to Growing Frauds Across Endpoints, Networks, and Applications to Drive the Growth of Market in Brazil
12.6.2 Mexico
12.6.2.1 Increasing Fraud Attacks on Insurance Verticals to Drive the Growth of Market in Mexico
12.6.3 Rest of Latin America

13 Competitive Landscape
13.1 Introduction
13.1.1 Visionary Leaders
13.1.2 Innovators
13.1.3 Dynamic Differentiators
13.1.4 Emerging Companies
13.2 Competitive Benchmarking
13.2.1 Analysis of Product Portfolio of Major Players in the Market
13.2.2 Business Strategies Adopted By Major Players in the Market
13.3 Competitive Scenario
13.3.1 Partnerships, Agreements, and Collaborations
13.3.2 Mergers and Acquisitions
13.3.3 New Product Launches/Product Enhancements
13.3.4 Business Expansion

14 Company Profiles
14.1 Introduction
14.2 FICO
14.2.1 Business Overview
14.2.2 Products and Services Offered
14.2.3 Recent Developments
14.2.4 SWOT Analysis
14.2.5 MnM View
14.3 IBM
14.3.1 Business Overview
14.3.2 Products and Services Offered
14.3.3 Recent Developments
14.3.4 SWOT Analysis
14.3.5 MnM View
14.4 BAE Systems
14.4.1 Business Overview
14.4.2 Products and Services Offered
14.4.3 Recent Developments
14.4.4 SWOT Analysis
14.4.5 MnM View
14.5 SAS Institute
14.5.1 Business Overview
14.5.2 Products Offered
14.5.3 Recent Developments
14.5.4 SWOT Analysis
14.5.5 MnM View
14.6 Experian
14.6.1 Business Overview
14.6.2 Products and Services Offered
14.6.3 Recent Developments
14.6.4 SWOT Analysis
14.6.5 MnM View
14.7 LexisNexis
14.7.1 Business Overview
14.7.2 Products and Services Offered
14.7.3 Recent Developments
14.7.4 MnM View
14.8 Iovation
14.8.1 Business Overview
14.8.2 Products and Services Offered
14.8.3 Recent Developments
14.8.4 MnM View
14.9 FRISS
14.9.1 Business Overview
14.9.2 Products and Services Offered
14.9.3 Recent Developments
14.9.4 MnM View
14.10 SAP
14.10.1 Business Overview
14.10.2 Products and Services Offered
14.10.3 Recent Developments
14.10.4 MnM View
14.11 Fiserv
14.11.1 Business Overview
14.11.2 Products Offered
14.11.3 Recent Developments
14.11.4 MnM View
14.12 ACI Worldwide
14.13 Simility
14.14 Kount
14.15 Software AG
14.16 BRIDGEi2i Analytics Solutions
14.17 Perceptiviti

15 Appendix
15.1 Discussion Guide
15.2 Knowledge Store: Subscription Portal
15.3 Available Customizations
15.4 Related Reports
15.5 Author Details

List of Tables (83 Tables)
Table 1 United States Dollar Exchange Rate, 2016–2018
Table 2 Insurance Fraud Detection Market Size and Growth, 2017–2024 (USD Million, Y-O-Y %)
Table 3 Innovation Spotlight: Latest Insurance Fraud Detection Solutions
Table 4 Market Size By Component, 2017–2024 (USD Million)
Table 5 Solutions: Market Size By Region, 2017–2024 (USD Million)
Table 6 Services: Market Size By Region, 2017–2024 (USD Million)
Table 7 Insurance Fraud Detection Market Size, By Solution, 2017–2024 (USD Million)
Table 8 Fraud Analytics: Market Size By Type, 2017–2024 (USD Million)
Table 9 Fraud Analytics: Market Size By Region, 2017–2024 (USD Million)
Table 10 Predictive Analytics Market Size, By Region, 2017–2024 (USD Million)
Table 11 Descriptive Analytics Market Size, By Region, 2017–2024 (USD Million)
Table 12 Social Media Analytics Market Size, By Region, 2017–2024 (USD Million)
Table 13 Big Data Analytics Market Size, By Region, 2017–2024 (USD Million)
Table 14 Authentication: Market Size By Type, 2017–2024 (USD Million)
Table 15 Authentication: Market Size By Region, 2017–2024 (USD Million)
Table 16 Single-Factor Authentication Market Size, By Region, 2017–2024 (USD Million)
Table 17 Multi-Factor Authentication: Market Size By Region, 2017–2024 (USD Million)
Table 18 Risk-Based Authentication Market Size, By Region, 2017–2024 (USD Million)
Table 19 Governance, Risk, and Compliance: Market Size By Region, 2017–2024 (USD Million)
Table 20 Others: Market Size By Region, 2017–2024 (USD Million)
Table 21 Insurance Fraud Detection Market Size, By Service, 2017–2024 (USD Million)
Table 22 Professional Services: Market Size By Type, 2017–2024 (USD Million)
Table 23 Professional Services: Market Size By Region, 2017–2024 (USD Million)
Table 24 Consulting Services Market Size, By Region, 2017–2024 (USD Million)
Table 25 Training and Education Market Size, By Region, 2017–2024 (USD Million)
Table 26 Support and Maintenance Market Size, By Region, 2017–2024 (USD Million)
Table 27 Managed Services: Market Size By Region, 2017–2024 (USD Million)
Table 28 Insurance Fraud Detection Market Size, By Deployment Mode, 2017–2024 (USD Million)
Table 29 Cloud: Market Size By Region, 2017–2024 (USD Million)
Table 30 On-Premises: Market Size By Region, 2017–2024 (USD Million)
Table 31 Market Size By Organization Size, 2017–2024 (USD Million)
Table 32 Small and Medium-Sized Enterprises: Market Size By Region, 2017–2024 (USD Million)
Table 33 Large Enterprises: Market Size By Region, 2017–2024 (USD Million)
Table 34 Market Size By Region, 2017–2024 (USD Million)
Table 35 North America: Insurance Fraud Detection Market Size, By Component, 2017–2024 (USD Million)
Table 36 North America: Market Size By Solution, 2017–2024 (USD Million)
Table 37 North America: Market Size By Fraud Analytics, 2017–2024 (USD Million)
Table 38 North America: Market Size By Authentication, 2017–2024 (USD Million)
Table 39 North America: Market Size By Service, 2017–2024 (USD Million)
Table 40 North America: Market Size By Professional Service, 2017–2024 (USD Million)
Table 41 North America: Market Size By Deployment Mode, 2017–2024 (USD Million)
Table 42 North America: Market Size By Organization Size, 2017–2024 (USD Million)
Table 43 North America: Market Size By Country, 2017–2024 (USD Million)
Table 44 Europe: Insurance Fraud Detection Market Size, By Component, 2017–2024 (USD Million)
Table 45 Europe: Market Size By Solution, 2017–2024 (USD Million)
Table 46 Europe: Market Size By Fraud Analytics, 2017–2024 (USD Million)
Table 47 Europe: Market Size By Authentication, 2017–2024 (USD Million)
Table 48 Europe: Market Size By Service, 2017–2024 (USD Million)
Table 49 Europe: Market Size By Professional Service, 2017–2024 (USD Million)
Table 50 Europe: Market Size By Deployment Mode, 2017–2024 (USD Million)
Table 51 Europe: Market Size By Organization Size, 2017–2024 (USD Million)
Table 52 Europe: Market Size By Country, 2017–2024 (USD Million)
Table 53 Asia Pacific: Insurance Fraud Detection Market Size, By Component, 2017–2024 (USD Million)
Table 54 Asia Pacific: Market Size By Solution, 2017–2024 (USD Million)
Table 55 Asia Pacific: Market Size By Fraud Analytics, 2017–2024 (USD Million)
Table 56 Asia Pacific: Market Size By Authentication, 2017–2024 (USD Million)
Table 57 Asia Pacific: Market Size By Service, 2017–2024 (USD Million)
Table 58 Asia Pacific: Market Size By Professional Service, 2017–2024 (USD Million)
Table 59 Asia Pacific: Market Size By Deployment Mode, 2017–2024 (USD Million)
Table 60 Asia Pacific: Market Size By Organization Size, 2017–2024 (USD Million)
Table 61 Asia Pacific: Market Size By Country, 2017–2024 (USD Million)
Table 62 Middle East and Africa: Insurance Fraud Detection Market Size, By Component, 2017–2024 (USD Million)
Table 63 Middle East and Africa: Market Size By Solution, 2017–2024 (USD Million)
Table 64 Middle East and Africa: Market Size By Fraud Analytics, 2017–2024 (USD Million)
Table 65 Middle East and Africa: Market Size By Authentication, 2017–2024 (USD Million)
Table 66 Middle East and Africa: Market Size By Service, 2017–2024 (USD Million)
Table 67 Middle East and Africa: Market Size By Professional Service, 2017–2024 (USD Million)
Table 68 Middle East and Africa: Market Size By Deployment Mode, 2017–2024 (USD Million)
Table 69 Middle East and Africa: Market Size By Organization Size, 2017–2024 (USD Million)
Table 70 Middle East and Africa: Market Size By Country, 2017–2024 (USD Million)
Table 71 Latin America: Insurance Fraud Detection Market Size, By Component, 2017–2024 (USD Million)
Table 72 Latin America: Market Size By Solution, 2017–2024 (USD Million)
Table 73 Latin America: Market Size By Fraud Analytics, 2017–2024 (USD Million)
Table 74 Latin America: Market Size By Authentication, 2017–2024 (USD Million)
Table 75 Latin America: Market Size By Service, 2017–2024 (USD Million)
Table 76 Latin America: Market Size By Professional Service, 2017–2024 (USD Million)
Table 77 Latin America: Market Size By Deployment Mode, 2017–2024 (USD Million)
Table 78 Latin America: Market Size By Organization Size, 2017–2024 (USD Million)
Table 79 Latin America: Market Size By Country, 2017–2024 (USD Million)
Table 80 Partnerships, Agreements, and Collaborations, 2016–2018
Table 81 Mergers and Acquisitions, 2017–2018
Table 82 New Product Launches/Product Enhancements, 2016–2018
Table 83 Business Expansion, 2017-2018

List of Figures (37 Figures)
Figure 1 Insurance Fraud Detection Market: Research Design
Figure 2 Market Top-Down and Bottom-Up Approaches
Figure 3 Factor Analysis
Figure 4 Services Segment  to Grow at a Higher CAGR During the Forecast Period
Figure 5 North America to Hold the Highest Market Share in 2019
Figure 6 Fastest-Growing Segments of the Insurance Fraud Detection Market
Figure 7 Increasing Claims Fraud, Stringent Regulation, and Increased Cloud Adoption Driving the Adoption of Insurance Fraud Detection Solutions in Various Regions
Figure 8 Solutions Segment Projected to Have  a Higher Market Share During the Forecast Period
Figure 9 Fraud Analytics Segment Projected to Have a  Higher Market Share During the Forecast Period
Figure 10 Fraud Analytics Solution and North American Region Estimated to Have the Highest Market Shares in 2019
Figure 11 Large Enterprises Segment Projected to Hold a Higher Market Share in 2019
Figure 12 Large Enterprises Organization Size Segment Projected to Hold a Higher Market Share in 2019
Figure 13 Asia Pacific to Emerge as the Best Market for Investment in the Next 5 Years
Figure 14 Drivers, Restraints, Opportunities, and Challenges: Insurance Fraud Detection Market
Figure 15 Services Segment to Grow at a Higher CAGR During the Forecast Period
Figure 16 Authentication Solutions Segment to Record the Highest CAGR During the Forecast Period
Figure 17 Managed Services Segment to Record a Higher CAGR During the Forecast Period
Figure 18 Cloud Deployment Mode to Record a Higher CAGR During the Forecast Period
Figure 19 Small and Medium-Sized Enterprises Segment to Record a Higher CAGR During the Forecast Period
Figure 20 Asia Pacific to Grow at the Highest CAGR During the Forecast Period
Figure 21 North America: Market Snapshot
Figure 22 Asia Pacific: Market Snapshot
Figure 23 Global Insurance Fraud Detection Market, Competitive Leadership Mapping, 2019
Figure 24 Key Developments By the Leading Players in the Market for 2016–2018
Figure 25 Geographic Revenue Mix of the Top Players in the Insurance Fraud Detection Market
Figure 26 FICO: Company Snapshot
Figure 27 SWOT Analysis: FICO
Figure 28 IBM: Company Snapshot
Figure 29 SWOT Analysis: IBM
Figure 30 BAE Systems: Company Snapshot
Figure 31 SWOT Analysis: BAE Systems
Figure 32 SAS Institute: Company Snapshot
Figure 33 SWOT Analysis: SAS Institute
Figure 34 Experian: Company Snapshot
Figure 35 SWOT Analysis: Experian
Figure 36 SAP: Company Snapshot
Figure 37 Fiserv: Company Snapshot

Note: Product cover images may vary from those shown
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  • ACI Worldwide
  • BAE Systems
  • BRIDGEi2i Analytics Solutions
  • Experian
  • FICO
  • Fiserv
  • FRISS
  • IBM
  • Iovation
  • Kount
  • LexisNexis
  • Perceptiviti
  • SAP
  • SAS Institute
  • Simility
  • Software AG
Note: Product cover images may vary from those shown
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