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Published Date : 31-Jul-2019 |
Pages: 339 |
Formats: PDF |
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.
Insurance fraud takes place when an insurance company, adjuster, agent, or consumer commits a measured fraud to get an unlawful gain. Frauds can also occur when the process of buying, using, selling or underwriting insurance are ongoing. An insurance fraud can be categorized under different kinds of frauds, for example, from fraud against consumers to fraud against insurance companies. Insurance fraud has been evaluated at over a hundred billion dollars every year. It imposes costs on insurance companies and threatens their competitiveness along with financially destroying the customers, economy, and society as a whole.
Insurance Fraud Detection Market Size
The introduction of big data analytics and cloud computing services and the rapid increase in mobile banking are key factors that drive the growth of the fraud detection and prevention market. Cloud infrastructure allows organizations to meet cloud security compliance requirements for encryption, separation of duties, and access control of protected data. In addition, an increase in the generation of enterprise data and its complexity, high industry-specific requirements, and an increase in the incidence of fraud further supplement the fraud detection and prevention market growth.
Insurance Fraud Detection Market Share
Based on Component, the market is segmented into Solution and Services. Solution segment is further segmented into Fraud Analytics, Authentication, Governance, and Risk, and Compliance and others. Authentication solution segment is bifurcated into Multi Factor Authentication, Single Factor Authentication and Risk-Based Authentication. Services segment is segmented into Integration and Consulting Services, Training and Education, and Support and Maintenance. Based on Organization Size, the market is segmented into Large Enterprises and Small and Medium Enterprises. ?Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East and Africa.
KBV Cardinal Matrix
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include 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. The major strategies followed by the market participants are Product launches and Partnerships and Collaborations. Based on the Analysis presented in the Cardinal matrix, IBM Corporation, and SAP SE are some of the forerunners in the Insurance Fraud Detection market.
Market Segmentation
By Component
By Organization Size
By Geography
Companies Profiled
TABLE 1 Global Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 2 Global Insurance Fraud Detection Market, 2019 - 2025, USD Million
TABLE 3 Partnerships, Collaborations and Agreements- Insurance Fraud Detection Market
TABLE 4 Product Launches and Expansion- Insurance Fraud Detection Market
TABLE 5 Mergers and Acquisitions - Insurance Fraud Detection Market
TABLE 6 Global Insurance Fraud Detection Market by Component, 2015 - 2018, USD Million
TABLE 7 Global Insurance Fraud Detection Market by Component, 2019 - 2025, USD Million
TABLE 8 Global Insurance Fraud Detection Solution Market by Region, 2015 - 2018, USD Million
TABLE 9 Global Insurance Fraud Detection Solution Market by Region, 2019 - 2025, USD Million
TABLE 10 Global Insurance Fraud Detection Market by Solution Type, 2015 - 2018, USD Million
TABLE 11 Global Insurance Fraud Detection Market by Solution Type, 2019 - 2025, USD Million
TABLE 12 Global Insurance Fraud Detection Fraud Analytics Market by Region, 2015 - 2018, USD Million
TABLE 13 Global Insurance Fraud Detection Fraud Analytics Market by Region, 2019 - 2025, USD Million
TABLE 14 Global Insurance Fraud Detection Authentication Market by Region, 2015 - 2018, USD Million
TABLE 15 Global Insurance Fraud Detection Authentication Market by Region, 2019 - 2025, USD Million
TABLE 16 Global Insurance Fraud Detection Market by Authentication Type, 2015 - 2018, USD Million
TABLE 17 Global Insurance Fraud Detection Market by Authentication Type, 2019 - 2025, USD Million
TABLE 18 Global Multi Factor Authentication Insurance Fraud Detection Market by Region, 2015 - 2018, USD Million
TABLE 19 Global Multi Factor Authentication Insurance Fraud Detection Market by Region, 2019 - 2025, USD Million
TABLE 20 Global Single Factor Authentication Insurance Fraud Detection Market by Region, 2015 - 2018, USD Million
TABLE 21 Global Single Factor Authentication Insurance Fraud Detection Market by Region, 2019 - 2025, USD Million
TABLE 22 Global Risk-Based Authentication Insurance Fraud Detection Market by Region, 2015 - 2018, USD Million
TABLE 23 Global Risk-Based Authentication Insurance Fraud Detection Market by Region, 2019 - 2025, USD Million
TABLE 24 Global Insurance Fraud Detection Governance, Risk, and Compliance?Market by Region, 2015 - 2018, USD Million
TABLE 25 Global Insurance Fraud Detection Governance, Risk, and Compliance?Market by Region, 2019 - 2025, USD Million
TABLE 26 Global Others Solution Type Insurance Fraud Detection Market by Region, 2015 - 2018, USD Million
TABLE 27 Global Others Solution Type Insurance Fraud Detection Market by Region, 2019 - 2025, USD Million
TABLE 28 Global Insurance Fraud Detection Services Market by Region, 2015 - 2018, USD Million
TABLE 29 Global Insurance Fraud Detection Services Market by Region, 2019 - 2025, USD Million
TABLE 30 Global Insurance Fraud Detection Market by Services Type, 2015 - 2018, USD Million
TABLE 31 Global Insurance Fraud Detection Market by Services Type, 2019 - 2025, USD Million
TABLE 32 Global Insurance Fraud Detection Integration and Consulting Services Market by Region, 2015 - 2018, USD Million
TABLE 33 Global Insurance Fraud Detection Integration and Consulting Services Market by Region, 2019 - 2025, USD Million
TABLE 34 Global Insurance Fraud Detection Training and Education Market by Region, 2015 - 2018, USD Million
TABLE 35 Global Insurance Fraud Detection Training and Education Market by Region, 2019 - 2025, USD Million
TABLE 36 Global Insurance Fraud Detection Support and Maintenance Market by Region, 2015 - 2018, USD Million
TABLE 37 Global Insurance Fraud Detection Support and Maintenance Market by Region, 2019 - 2025, USD Million
TABLE 38 Global Insurance Fraud Detection Market by Organization Size, 2015 - 2018, USD Million
TABLE 39 Global Insurance Fraud Detection Market by Organization Size, 2019 - 2025, USD Million
TABLE 40 Global Large Enterprises Insurance Fraud Detection Market by Region, 2015 - 2018, USD Million
TABLE 41 Global Large Enterprises Insurance Fraud Detection Market by Region, 2019 - 2025, USD Million
TABLE 42 Global Small and Medium Enterprises Insurance Fraud Detection Market by Region, 2015 - 2018, USD Million
TABLE 43 Global Small and Medium Enterprises Insurance Fraud Detection Market by Region, 2019 - 2025, USD Million
TABLE 44 Global Insurance Fraud Detection Market by Region, 2015 - 2018, USD Million
TABLE 45 Global Insurance Fraud Detection Market by Region, 2019 - 2025, USD Million
TABLE 46 North America Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 47 North America Insurance Fraud Detection Market, 2019 - 2025, USD Million
TABLE 48 North America Insurance Fraud Detection Market by Component, 2015 - 2018, USD Million
TABLE 49 North America Insurance Fraud Detection Market by Component, 2019 - 2025, USD Million
TABLE 50 North America Insurance Fraud Detection Solution Market by Country, 2015 - 2018, USD Million
TABLE 51 North America Insurance Fraud Detection Solution Market by Country, 2019 - 2025, USD Million
TABLE 52 North America Insurance Fraud Detection Market by Solution Type, 2015 - 2018, USD Million
TABLE 53 North America Insurance Fraud Detection Market by Solution Type, 2019 - 2025, USD Million
TABLE 54 North America Insurance Fraud Detection Fraud Analytics Market by Country, 2015 - 2018, USD Million
TABLE 55 North America Insurance Fraud Detection Fraud Analytics Market by Country, 2019 - 2025, USD Million
TABLE 56 North America Insurance Fraud Detection Authentication Market by Country, 2015 - 2018, USD Million
TABLE 57 North America Insurance Fraud Detection Authentication Market by Country, 2019 - 2025, USD Million
TABLE 58 North America Insurance Fraud Detection Market by Authentication Type, 2015 - 2018, USD Million
TABLE 59 North America Insurance Fraud Detection Market by Authentication Type, 2019 - 2025, USD Million
TABLE 60 North America Multi Factor Authentication Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 61 North America Multi Factor Authentication Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 62 North America Single Factor Authentication Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 63 North America Single Factor Authentication Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 64 North America Risk-Based Authentication Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 65 North America Risk-Based Authentication Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 66 North America Insurance Fraud Detection Governance, Risk, and Compliance?Market by Country, 2015 - 2018, USD Million
TABLE 67 North America Insurance Fraud Detection Governance, Risk, and Compliance?Market by Country, 2019 - 2025, USD Million
TABLE 68 North America Others Solution Type Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 69 North America Others Solution Type Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 70 North America Insurance Fraud Detection Services Market by Country, 2015 - 2018, USD Million
TABLE 71 North America Insurance Fraud Detection Services Market by Country, 2019 - 2025, USD Million
TABLE 72 North America Insurance Fraud Detection Market by Services Type, 2015 - 2018, USD Million
TABLE 73 North America Insurance Fraud Detection Market by Services Type, 2019 - 2025, USD Million
TABLE 74 North America Insurance Fraud Detection Integration and Consulting Services Market by Country, 2015 - 2018, USD Million
TABLE 75 North America Insurance Fraud Detection Integration and Consulting Services Market by Country, 2019 - 2025, USD Million
TABLE 76 North America Insurance Fraud Detection Training and Education Market by Country, 2015 - 2018, USD Million
TABLE 77 North America Insurance Fraud Detection Training and Education Market by Country, 2019 - 2025, USD Million
TABLE 78 North America Insurance Fraud Detection Support and Maintenance Market by Country, 2015 - 2018, USD Million
TABLE 79 North America Insurance Fraud Detection Support and Maintenance Market by Country, 2019 - 2025, USD Million
TABLE 80 North America Insurance Fraud Detection Market by Organization Size, 2015 - 2018, USD Million
TABLE 81 North America Insurance Fraud Detection Market by Organization Size, 2019 - 2025, USD Million
TABLE 82 North America Large Enterprises Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 83 North America Large Enterprises Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 84 North America Small and Medium Enterprises Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 85 North America Small and Medium Enterprises Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 86 North America Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 87 North America Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 88 US Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 89 US Insurance Fraud Detection Market, 2019 - 2025, USD Million
TABLE 90 US Insurance Fraud Detection Market by Component, 2015 - 2018, USD Million
TABLE 91 US Insurance Fraud Detection Market by Component, 2019 - 2025, USD Million
TABLE 92 US Insurance Fraud Detection Market by Solution Type, 2015 - 2018, USD Million
TABLE 93 US Insurance Fraud Detection Market by Solution Type, 2019 - 2025, USD Million
TABLE 94 US Insurance Fraud Detection Market by Authentication Type, 2015 - 2018, USD Million
TABLE 95 US Insurance Fraud Detection Market by Authentication Type, 2019 - 2025, USD Million
TABLE 96 US Insurance Fraud Detection Market by Services Type, 2015 - 2018, USD Million
TABLE 97 US Insurance Fraud Detection Market by Services Type, 2019 - 2025, USD Million
TABLE 98 US Insurance Fraud Detection Market by Organization Size, 2015 - 2018, USD Million
TABLE 99 US Insurance Fraud Detection Market by Organization Size, 2019 - 2025, USD Million
TABLE 100 Canada Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 101 Canada Insurance Fraud Detection Market, 2019 - 2025, USD Million
TABLE 102 Canada Insurance Fraud Detection Market by Component, 2015 - 2018, USD Million
TABLE 103 Canada Insurance Fraud Detection Market by Component, 2019 - 2025, USD Million
TABLE 104 Canada Insurance Fraud Detection Market by Solution Type, 2015 - 2018, USD Million
TABLE 105 Canada Insurance Fraud Detection Market by Solution Type, 2019 - 2025, USD Million
TABLE 106 Canada Insurance Fraud Detection Market by Authentication Type, 2015 - 2018, USD Million
TABLE 107 Canada Insurance Fraud Detection Market by Authentication Type, 2019 - 2025, USD Million
TABLE 108 Canada Insurance Fraud Detection Market by Services Type, 2015 - 2018, USD Million
TABLE 109 Canada Insurance Fraud Detection Market by Services Type, 2019 - 2025, USD Million
TABLE 110 Canada Insurance Fraud Detection Market by Organization Size, 2015 - 2018, USD Million
TABLE 111 Canada Insurance Fraud Detection Market by Organization Size, 2019 - 2025, USD Million
TABLE 112 Mexico Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 113 Mexico Insurance Fraud Detection Market, 2019 - 2025, USD Million
TABLE 114 Mexico Insurance Fraud Detection Market by Component, 2015 - 2018, USD Million
TABLE 115 Mexico Insurance Fraud Detection Market by Component, 2019 - 2025, USD Million
TABLE 116 Mexico Insurance Fraud Detection Market by Solution Type, 2015 - 2018, USD Million
TABLE 117 Mexico Insurance Fraud Detection Market by Solution Type, 2019 - 2025, USD Million
TABLE 118 Mexico Insurance Fraud Detection Market by Authentication Type, 2015 - 2018, USD Million
TABLE 119 Mexico Insurance Fraud Detection Market by Authentication Type, 2019 - 2025, USD Million
TABLE 120 Mexico Insurance Fraud Detection Market by Services Type, 2015 - 2018, USD Million
TABLE 121 Mexico Insurance Fraud Detection Market by Services Type, 2019 - 2025, USD Million
TABLE 122 Mexico Insurance Fraud Detection Market by Organization Size, 2015 - 2018, USD Million
TABLE 123 Mexico Insurance Fraud Detection Market by Organization Size, 2019 - 2025, USD Million
TABLE 124 Rest of North America Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 125 Rest of North America Insurance Fraud Detection Market, 2019 - 2025, USD Million
TABLE 126 Rest of North America Insurance Fraud Detection Market by Component, 2015 - 2018, USD Million
TABLE 127 Rest of North America Insurance Fraud Detection Market by Component, 2019 - 2025, USD Million
TABLE 128 Rest of North America Insurance Fraud Detection Market by Solution Type, 2015 - 2018, USD Million
TABLE 129 Rest of North America Insurance Fraud Detection Market by Solution Type, 2019 - 2025, USD Million
TABLE 130 Rest of North America Insurance Fraud Detection Market by Authentication Type, 2015 - 2018, USD Million
TABLE 131 Rest of North America Insurance Fraud Detection Market by Authentication Type, 2019 - 2025, USD Million
TABLE 132 Rest of North America Insurance Fraud Detection Market by Services Type, 2015 - 2018, Rest of North USD Million
TABLE 133 Rest of North America Insurance Fraud Detection Market by Services Type, 2019 - 2025, Rest of North USD Million
TABLE 134 Rest of North America Insurance Fraud Detection Market by Organization Size, 2015 - 2018, USD Million
TABLE 135 Rest of North America Insurance Fraud Detection Market by Organization Size, 2019 - 2025, USD Million
TABLE 136 Europe Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 137 Europe Insurance Fraud Detection Market, 2019 - 2025, USD Million
TABLE 138 Europe Insurance Fraud Detection Market by Component, 2015 - 2018, USD Million
TABLE 139 Europe Insurance Fraud Detection Market by Component, 2019 - 2025, USD Million
TABLE 140 Europe Insurance Fraud Detection Solution Market by Country, 2015 - 2018, USD Million
TABLE 141 Europe Insurance Fraud Detection Solution Market by Country, 2019 - 2025, USD Million
TABLE 142 Europe Insurance Fraud Detection Market by Solution Type, 2015 - 2018, USD Million
TABLE 143 Europe Insurance Fraud Detection Market by Solution Type, 2019 - 2025, USD Million
TABLE 144 Europe Insurance Fraud Detection Fraud Analytics Market by Country, 2015 - 2018, USD Million
TABLE 145 Europe Insurance Fraud Detection Fraud Analytics Market by Country, 2019 - 2025, USD Million
TABLE 146 Europe Insurance Fraud Detection Authentication Market by Country, 2015 - 2018, USD Million
TABLE 147 Europe Insurance Fraud Detection Authentication Market by Country, 2019 - 2025, USD Million
TABLE 148 Europe Insurance Fraud Detection Market by Authentication Type, 2015 - 2018, USD Million
TABLE 149 Europe Insurance Fraud Detection Market by Authentication Type, 2019 - 2025, USD Million
TABLE 150 Europe Multi Factor Authentication Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 151 Europe Multi Factor Authentication Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 152 Europe Single Factor Authentication Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 153 Europe Single Factor Authentication Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 154 Europe Risk-Based Authentication Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 155 Europe Risk-Based Authentication Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 156 Europe Insurance Fraud Detection Governance, Risk, and Compliance?Market by Country, 2015 - 2018, USD Million
TABLE 157 Europe Insurance Fraud Detection Governance, Risk, and Compliance?Market by Country, 2019 - 2025, USD Million
TABLE 158 Europe Others Solution Type Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 159 Europe Others Solution Type Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 160 Europe Insurance Fraud Detection Services Market by Country, 2015 - 2018, USD Million
TABLE 161 Europe Insurance Fraud Detection Services Market by Country, 2019 - 2025, USD Million
TABLE 162 Europe Insurance Fraud Detection Market by Services Type, 2015 - 2018, USD Million
TABLE 163 Europe Insurance Fraud Detection Market by Services Type, 2019 - 2025, USD Million
TABLE 164 Europe Insurance Fraud Detection Integration and Consulting Services Market by Country, 2015 - 2018, USD Million
TABLE 165 Europe Insurance Fraud Detection Integration and Consulting Services Market by Country, 2019 - 2025, USD Million
TABLE 166 Europe Insurance Fraud Detection Training and Education Market by Country, 2015 - 2018, USD Million
TABLE 167 Europe Insurance Fraud Detection Training and Education Market by Country, 2019 - 2025, USD Million
TABLE 168 Europe Insurance Fraud Detection Support and Maintenance Market by Country, 2015 - 2018, USD Million
TABLE 169 Europe Insurance Fraud Detection Support and Maintenance Market by Country, 2019 - 2025, USD Million
TABLE 170 Europe Insurance Fraud Detection Market by Organization Size, 2015 - 2018, USD Million
TABLE 171 Europe Insurance Fraud Detection Market by Organization Size, 2019 - 2025, USD Million
TABLE 172 Europe Large Enterprises Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 173 Europe Large Enterprises Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 174 Europe Small and Medium Enterprises Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 175 Europe Small and Medium Enterprises Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 176 Europe Insurance Fraud Detection Market by Country, 2015 - 2018, USD Million
TABLE 177 Europe Insurance Fraud Detection Market by Country, 2019 - 2025, USD Million
TABLE 178 Germany Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 179 Germany Insurance Fraud Detection Market, 2019 - 2025, USD Million
TABLE 180 Germany Insurance Fraud Detection Market by Component, 2015 - 2018, USD Million
TABLE 181 Germany Insurance Fraud Detection Market by Component, 2019 - 2025, USD Million
TABLE 182 Germany Insurance Fraud Detection Market by Solution Type, 2015 - 2018, USD Million
TABLE 183 Germany Insurance Fraud Detection Market by Solution Type, 2019 - 2025, USD Million
TABLE 184 Germany Insurance Fraud Detection Market by Authentication Type, 2015 - 2018, USD Million
TABLE 185 Germany Insurance Fraud Detection Market by Authentication Type, 2019 - 2025, USD Million
TABLE 186 Germany Insurance Fraud Detection Market by Services Type, 2015 - 2018, USD Million
TABLE 187 Germany Insurance Fraud Detection Market by Services Type, 2019 - 2025, USD Million
TABLE 188 Germany Insurance Fraud Detection Market by Organization Size, 2015 - 2018, USD Million
TABLE 189 Germany Insurance Fraud Detection Market by Organization Size, 2019 - 2025, USD Million
TABLE 190 UK Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 191 UK Insurance Fraud Detection Market, 2019 - 2025, USD Million
TABLE 192 UK Insurance Fraud Detection Market by Component, 2015 - 2018, USD Million
TABLE 193 UK Insurance Fraud Detection Market by Component, 2019 - 2025, USD Million
TABLE 194 UK Insurance Fraud Detection Market by Solution Type, 2015 - 2018, USD Million
TABLE 195 UK Insurance Fraud Detection Market by Solution Type, 2019 - 2025, USD Million
TABLE 196 UK Insurance Fraud Detection Market by Authentication Type, 2015 - 2018, USD Million
TABLE 197 UK Insurance Fraud Detection Market by Authentication Type, 2019 - 2025, USD Million
TABLE 198 UK Insurance Fraud Detection Market by Services Type, 2015 - 2018, USD Million
TABLE 199 UK Insurance Fraud Detection Market by Services Type, 2019 - 2025, USD Million
TABLE 200 UK Insurance Fraud Detection Market by Organization Size, 2015 - 2018, USD Million
TABLE 201 UK Insurance Fraud Detection Market by Organization Size, 2019 - 2025, USD Million
TABLE 202 France Insurance Fraud Detection Market, 2015 - 2018, USD Million
TABLE 203 France Insurance Fraud Detection Market, 2019 - 2025, USD Million