Global Claims Avoidance Analytics Artificial Intelligence (AI) Market Report 2026: Outlook on Opportunities & Challenges
The Business Research Company’s 2026 market reports introduce new features such as market attractiveness scoring and analysis, total addressable market analysis, company scoring matrix, interactive excel data dashboard, improved supply chain analysis, upcoming startups in the market, and overview of key products, all designed to enhance the depth, usability, and strategic value of the insights provided.
What Are the Projections for Claims Avoidance Analytics Artificial Intelligence (AI) Market Size and CAGR During 2026–2030?
The claims avoidance analytics artificial intelligence (AI) market size has grown exponentially in recent years. It will grow from $2.48 billion in 2025 to $3.15 billion in 2026 at a compound annual growth rate (CAGR) of 27.1%. The growth in the historic period can be attributed to rising fraud detection initiatives, increasing adoption of data-driven claims processes, growing use of automated risk assessment, expansion of insurance digitalization, and rising focus on loss prevention.
The claims avoidance analytics artificial intelligence (AI) market size is expected to see exponential growth in the next few years. It will grow to $8.16 billion in 2030 at a compound annual growth rate (CAGR) of 26.9%. The growth in the forecast period can be attributed to increasing demand for automated claims triage, growing deployment of advanced analytics platforms, rising need to reduce claim processing costs, expansion of real-time risk monitoring, and increasing focus on claim accuracy and transparency. Major trends in the forecast period include advancements in predictive analytics models, innovations in real-time risk scoring, developments in AI-driven decision engines, research and developments in automated claims review, advancements in natural language processing for claims, and innovations in behavioural analytics tools.
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What Are the Critical Growth Contributors in the Claims Avoidance Analytics Artificial Intelligence (AI) Market?
The surge in digitalization within the insurance sector is expected to propel the growth of the claims avoidance analytics artificial intelligence (AI) market going forward. Digitalization refers to the adoption of digital technologies and platforms to streamline operations, enhance customer engagement, and improve service delivery across insurance functions. The rise of digitalization within the insurance sector is due to the rising preference for online policy management and claims processing, as consumers increasingly seek faster, more convenient, and paperless ways to handle their insurance needs. Claims Avoidance Analytics Artificial Intelligence (AI) enhances digitalization within the insurance sector by enabling data-driven decision-making and automating claims assessment processes. It improves operational efficiency, reduces fraudulent or unnecessary claims, and supports proactive risk management, strengthening the overall digital transformation of insurance operations. For instance, in June 2025, according to Guidewire Software Inc., a US-based insurtech company, the proportion of customers using AI tools for insurance at least once a week increased from 21% in 2024 to 33% in 2025. Therefore, the surge in digitalization within the insurance sector is driving the growth of the claims avoidance analytics artificial intelligence (AI) market.
How Is the Claims Avoidance Analytics Artificial Intelligence (AI) Market Arranged by Segment Classification?
The claims avoidance analytics artificial intelligence (AI) market covered in this report is segmented —
1) By Component: Software, Hardware, Services
2) By Deployment Mode: On-Premises, Cloud
3) By Organization Size: Small And Medium Enterprises, Large Enterprises
4) By Application: Healthcare, Insurance, Banking And Financial Services, Retail, Manufacturing, Other Applications
5) By End-User: Insurance Companies, Healthcare Providers, Financial Institutions, Other End-Users
Subsegments:
1) By Software: Predictive Analytics, Fraud Detection, Risk Assessment, Claims Workflow Automation, Reporting And Visualization
2) By Hardware: Servers, Storage Devices, Networking Equipment, Processing Units, Data Centers
3) By Service: Consulting, Implementation, Integration, Training And Support, Maintenance And Monitoring
Which Trends Are Most Likely to Influence Claims Avoidance Analytics Artificial Intelligence (AI) Market Growth in the Next Decade?
Major companies operating in the claims avoidance analytics artificial intelligence (AI) market are focusing on developing advanced solutions, such as AI-driven automation platforms, to boost efficiency, enhance accuracy, and reduce operational costs. AI-driven automation platforms refer to intelligent systems that streamline the end-to-end claims process by automating tasks, extracting and analyzing data, and facilitating decision-making. For instance, in March 2024, EIS Group Ltd., a US-based provider of core insurance software, launched ClaimSmart. It is an AI-powered, cloud-native claims automation platform designed to drive down the cost of claims. It leverages AI and machine learning to automate up to 80% of claims tasks, from First Notice of Loss (FNOL) to payment, and includes features such as automatic document ingestion, fraud scoring, and reserve setting, enabling seamless and accurate claims handling with minimal manual intervention. The platform also integrates predictive analytics to identify high-risk or potentially fraudulent claims early, helping insurers proactively mitigate losses. It supports seamless integration with existing core insurance systems, ensuring scalability and enhanced operational efficiency across the enterprise.
Who Are the Leading Companies in the Claims Avoidance Analytics Artificial Intelligence (AI) Industry by Revenue?
Major companies operating in the claims avoidance analytics artificial intelligence (AI) market are International Business Machines Corporation, Oracle Corporation, Verisk Analytics Inc., Palantir Technologies Inc., Fair Isaac Corporation, Guidewire Software Inc., CCC Intelligent Solutions Inc., DataRobot Inc., Duck Creek Technologies Inc., Matterport Inc., Shift Technology Inc., H2O.ai Inc., Tractable Inc., FRISS Inc., Gradient AI Inc., EagleView Technologies Inc., CLARA Analytics Inc., RightIndem Ltd., SAS Institute Inc., EIS Group Inc.
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Which regions are expected to dominate the Claims Avoidance Analytics Artificial Intelligence (AI) Market during the forecast period?
North America was the largest region in the claims avoidance analytics artificial intelligence (AI) market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the claims avoidance analytics artificial intelligence (AI) market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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