Global Insurance Fraud Detection Market to Reach $38.4 Billion by 2030
The global market for Insurance Fraud Detection estimated at US$7.8 Billion in the year 2022, is projected to reach a revised size of US$38.4 Billion by 2030, growing at a CAGR of 22.1% over the analysis period 2022-2030. Fraud Analytics, one of the segments analyzed in the report, is projected to record 22.8% CAGR and reach US$10.8 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Authentication segment is readjusted to a revised 20.9% CAGR for the next 8-year period.The U.S. Market is Estimated at $2.3 Billion, While China is Forecast to Grow at 21.3% CAGR
The Insurance Fraud Detection market in the U.S. is estimated at US$2.3 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$6.6 Billion by the year 2030 trailing a CAGR of 21.3% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 18.9% and 17.9% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 13.7% CAGR.Select Competitors (Total 36 Featured) -
- ACI Worldwide, Inc.
- BAE Systems, PLC
- Bridgei2i Analytics Solutions
- Datawalk, Inc.
- DXC Technology Co.
- Experian PLC
- Fair Isaac Corp.
- Fiserv, Inc.
- FRISS
- IBM Corp.
- Infogix, Inc.
- Kount, Inc.
- LexisNexis Risk Solutions, Inc.
- NCR Corp.
- Oracle Corp.
- SAP SE
- SAS Institute, Inc.
- Scorto, Inc.
- TransUnion, LLC
- Wipro, Ltd.
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERS3. MARKET TRENDS & DRIVERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
4. GLOBAL MARKET PERSPECTIVE
UNITED STATES
CANADA
JAPAN
CHINA
EUROPE
FRANCE
GERMANY
ITALY
UNITED KINGDOM
REST OF EUROPE
ASIA-PACIFIC
REST OF WORLD
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- ACI Worldwide, Inc.
- BAE Systems, PLC
- Bridgei2i Analytics Solutions
- Datawalk, Inc.
- DXC Technology Co.
- Experian PLC
- Fair Isaac Corp.
- Fiserv, Inc.
- FRISS
- IBM Corp.
- Infogix, Inc.
- Kount, Inc.
- LexisNexis Risk Solutions, Inc.
- NCR Corp.
- Oracle Corp.
- SAP SE
- SAS Institute, Inc.
- Scorto, Inc.
- TransUnion, LLC
- Wipro, Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 92 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 7.8 Billion |
Forecasted Market Value ( USD | $ 38.4 Billion |
Compound Annual Growth Rate | 22.0% |
Regions Covered | Global |