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Global Insurance Fraud Detection Market to reach a market size of $10 billion by 2025- KBV Research

Press release   •   Aug 27, 2019 16:06 IST

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).

Full Report: https://www.kbvresearch.com/insurance-fraud-detection-market/

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

By Component

  • Solution

Fraud Analytics

Authentication

  • 1.Multi Factor Authentication
  • 2.Single Factor Authentication
  • 3.Risk-Based Authentication

Governance, Risk, and Compliance

Others

  • Services

Integration and Consulting Services

Training and Education

Support and Maintenance

By Organization Size

Large Enterprises

Small and Medium Enterprises

By Geography

North America

US

Canada

Mexico

Rest of North America

Europe

Germany

UK

France

Russia

Spain

Italy

Rest of Europe

Asia Pacific

China

Japan

India

South Korea

Singapore

Malaysia

Rest of Asia Pacific

LAMEA

Brazil

Argentina

UAE

Saudi Arabia

South Africa

Nigeria

Rest of LAMEA

Companies Profiled

IBM Corporation

Fair Issac Corporation (FICO)

SAP SE

PayPal Holdings, Inc.

BAE Systems PLC

RELX PLC

Fiserv, Inc.

Software AG

ACI Worldwide, Inc.

TransUnion LLC

Insurance Fraud Detection Market Related Reports:

North America Market

Europe Market

Asia Pacific Market

LAMEA Market

Over the years, Market research has been an important component of strategic decision making processes. Market research activities have been facilitating the search for new market opportunities, understanding the market gap, bringing in the key insights into the R & D departments, value addition to marketing and promotional functions and many more. In short, one can say that the market research has been a fog light to various industries, especially while taking strategic decisions.

KBV Research is Knowledge Based Value Research, which is a global brand and consulting firm serving all kinds of business verticals, government and non-governmental organizations, and not-for-profit organizations. Our motto is to extend our services that will have a lasting impact on our clients who trust us with their business goals. KBV Research is a global market research and consulting company offering syndicated and custom market research reports with exhaustive industry analysis.