According to a new report Global Insurance Fraud Detection Market, published by KBV Research, The Global Insurance Fraud Detection Market size is expected to reach $10 billion by 2025, rising at a market growth of 26.6% CAGR during the forecast period.
The Fraud Analytics market dominated the Global Insurance Fraud Detection Market by Solution Type 2018, growing at a CAGR of 25 % during the forecast period. The Authentication market is expected to witness a CAGR of 25% during (2019-2025). Additionally, The Governance, Risk, & Compliance market is expected to witness highest CAGR of 28% during (2019-2025).
The Large Enterprises market dominated the Global Insurance Fraud Detection Market by Organization Size 2018, growing at a CAGR of 25.9 % during the forecast period. The Small & Medium Enterprises market is expected to witness a CAGR of 29% during (2019-2025).
The North America market dominated the Global Multi Factor Authentication Insurance Fraud Detection Market by Region 2018, growing at a CAGR of 22.5 % during the forecast period. The Europe market is expected to witness a CAGR of 23% during (2019-2025). Additionally, The Asia Pacific market is expected to witness a CAGR of 26.4% during (2019-2025).
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of IBM Corporation, Fair Issac Corporation (FICO), SAP SE, PayPal Holdings, Inc., BAE Systems PLC, RELX PLC, Fiserv, Inc., Software AG, ACI Worldwide, Inc. and TransUnion LLC.
Global Insurance Fraud Detection Market Segmentation
- 1.Multi Factor Authentication
- 2.Single Factor Authentication
- 3.Risk-Based Authentication
Governance, Risk, and Compliance
Integration and Consulting Services
Training and Education
Support and Maintenance
By Organization Size
Small and Medium Enterprises
Rest of North America
Rest of Europe
Rest of Asia Pacific
Rest of LAMEA
Fair Issac Corporation (FICO)
PayPal Holdings, Inc.
BAE Systems PLC
ACI Worldwide, Inc.
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