Insurance Fraud Detection Market Growth 2033

The global insurance fraud detection market size reached USD 5.6 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 40.1 Billion by 2033, exhibiting a growth rate (CAGR) of 22.7% during 2025-2033. The rising trend towards integrating fraud detection solutions across multiple platforms, the digital transformation in the insurance industry, and the increasing number of collaborations with third-party specialists in fraud detection are some of the major factors propelling the market growth.

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