The Business Research Company’s report goes into great detail on the insurance fraud detection market size and growth, insurance fraud detection market regional analysis, insurance fraud detection market competitive landscape, and other critical information needed to excel in the insurance fraud detection industry.

Major players in the insurance fraud detection market include ACI Worldwide Inc., BAE Systems, BRIDGEi2i Analytics Solutions Pvt. Ltd., Datawalk Inc., DXC Technology Co., Experian PLC, Fair Isaac Corp., Fiserv Inc., FRISS, IBM Corp., Iovation Inc., Kount Inc., LexisNexis, Oracle Corp., Scorto Inc., TransUnion LLC, Wipro Ltd., Accenture, CI Worldwide Inc., Equifax Inc, and Perceptiviti.

TBRC’s comprehensive market report based on extensive research will assist you in seamlessly devising your approaches in order to match key market player strategies.

The global insurance fraud detection market size is expected to grow from $4.24 billion in 2021 to $5.19 billion in 2022 at a compound annual growth rate (CAGR) of 22.6%. The insurance fraud market size is expected to grow to $12.01 billion in 2026 at a CAGR of 23.3%.

North America was the largest region in the insurance fraud detection market in 2021.

The insurance fraud detection market consists of sales of insurance fraud detection services by entities (organizations, sole traders, and partnerships) that help in the identification and prevention of fraudulent activities related to money or insurance. Numerous software-based solutions are used to analyze historic patterns and incidents to predict future occurrences. Insurance fraud detection is generally used by organizations for fraud analytics, authentication, governance, risk, and compliance to safeguard databases and identify vulnerabilities.

The increase in cyberattacks is expected to propel the growth of the insurance fraud detection market.

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Technological advancements are a key trend gaining popularity in the insurance fraud detection market. Many companies are offering new solutions with upgraded technologies to improve the monitoring and identification of insurance fraud claims for their customers.

TBRC’s Global Insurance Fraud Detection Market Report Is Segmented:
By Deployment Type: On-Premises, Cloud

By Component: Solution, Services

By Organization Size: Small and Medium-Sized Enterprises (SMEs), Large Enterprises

By Application: Claims Fraud, Identity Theft, Payment and Billing Fraud, Money Laundering

By End-User: Insurance Companies, Agents and Brokers, Insurance Intermediaries, Others

By Geography: North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.

The Insurance Fraud Detection Global Market Report 2022 is one of a series of new reports from The Business Research Company that provides an overview of the insurance fraud detection market globally and regionally, analyzes and forecasts market size, share, insurance fraud detection market players, insurance fraud detection market segments, leading competitor revenues, profiles and market shares.

Here Is A List Of Similar Reports From The Business Research Company:

Cloud Security Global Market Report 2022

Insurance Global Market Report 2022

Insurance Brokers & Agents Global Market Report 2022

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