Insurance Fraud Detection Market Size and Growth
The Insurance Fraud Detection market is experiencing significant growth, driven by increasing fraudulent claims and advanced technological solutions. As of 2023, the market size is estimated to reach $4.5 billion, with a projected CAGR of 14% over the next five years, highlighting the urgent need for enhanced fraud prevention strategies.
Sample Report
Companies Covered
(Covid 19 Impact Covered)
◍ FICO
◍ IBM
◍ BAE Systems
◍ SAS Institute
◍ Experian
◍ LexisNexis
◍ Iovation
◍ FRISS
◍ SAP
◍ Fiserv
◍ ACI Worldwide
◍ Simility
◍ Kount
◍ Software AG
◍ BRIDGEi2i Analytics Solutions
◍ Perceptiviti
The Insurance Fraud Detection Market features companies like FICO, IBM, and SAS, leveraging advanced analytics and AI to identify fraudulent activities. Solutions enhance risk assessment and improve operational efficiency. Notable revenue figures include FICO: ~$1 billion, IBM: ~$73 billion (overall), and Experian: ~$5 billion, driving market growth. Request Sample Report
