According to a market report by Lucintel, the future of the global insurance fraud detection market looks promising with opportunities in the SMEs and large enterprises markets. The global insurance fraud detection market is expected to reach an estimated $35.7 billion by 2030 from $9.1 billion in 2024 at a CAGR of 25.7% from 2024 to 2030. The major drivers for this market are organizations facing the imperative to efficiently handle extensive volumes of identities, growing embrace of sophisticated analytics methodologies, and enhanced customer experience and improved operational efficiency.
A more than 150 – page report is developed to understand Trends, opportunity and forecast in insurance fraud detection market to 2030 by deployment type (on-premises and cloud), component (solution and services), organization size (SMEs and large enterprises), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that on-premises will remain the larger segment over the forecast period due to increased scalability and flexibility.
Within this market, SMEs is expected to witness the higher growth due to rising occurrences of insurance fraud and cyberattacks targeting small and medium-sized enterprises.
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North America will remain the largest region over the forecast period due to increasing internal & external threats.
Fico, IBM, BAE Systems, SAS Institute, Experian, LexisNexis, Iovation, FRISS, SAP, and Fiserv are the major suppliers in the insurance fraud detection market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected]To get access of more than 1000 reports at fraction of cast visit Lucintel’sAnalytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market &unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1 972.636.5056
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