Global AI Automated Claim Management Market Research Report 2025

Publication ID:

PB501253400

Publication Date:

January 15, 2025

Pages:

108

Publisher:

MRRPB5

Countries:

Global [1]

USD 2,900.00

IT Services [2]

Computing & Electronics [3]

Description:

The global market for AI Automated Claim Management was valued at US$ 3521 million in the year 2024 and is projected to reach a revised size of US$ 6750 million by 2031, growing at a CAGR of 9.7% during the forecast period.
AI Automated Claim Management refers to the utilization of artificial intelligence technologies to streamline and optimize the process of handling insurance claims, or other types of claims in various industries. Through advanced machine learning algorithms, natural language processing, and computer vision (depending on the nature of the claim), AI systems can automatically analyze claim data, which might include policy details, incident reports, and supporting documents. For instance, in the insurance sector, it can rapidly assess damage photos in a property damage claim, read and understand complex medical reports in a health insurance claim, and cross-reference this information with policy terms. This automation not only speeds up the initial claim intake and evaluation but also reduces human error, ensuring a more accurate and consistent decision-making process. It allows claims handlers to focus on more complex cases that require human judgment, ultimately enhancing overall efficiency, improving customer satisfaction, and potentially lowering costs associated with claim processing for organizations.
North American market for AI Automated Claim Management is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
Asia-Pacific market for AI Automated Claim Management is estimated to increase from $ million in 2024 to reach $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The global market for AI Automated Claim Management in Healthcare Insurance is estimated to increase from $ million in 2024 to $ million by 2031, at a CAGR of % during the forecast period of 2025 through 2031.
The major global companies of AI Automated Claim Management include Davies, Tractable, Infosys, Avenga, Duck Creek, 辞尘苍鈥嬧赌媔:耻蝉, Sprout.ai, AKASA, Simplifai, Five Sigma, etc. In 2024, the world's top three vendors accounted for approximately % of the revenue.
This report aims to provide a comprehensive presentation of the global market for AI Automated Claim Management, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding AI Automated Claim Management.
The AI Automated Claim Management market size, estimations, and forecasts are provided in terms of and revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. This report segments the global AI Automated Claim Management market comprehensively. Regional market sizes, concerning products by Type, by Application, and by players, are also provided.
For a more in-depth understanding of the market, the report provides profiles of the competitive landscape, key competitors, and their respective market ranks. The report also discusses technological trends and new product developments.
The report will help the AI Automated Claim Management companies, new entrants, and industry chain related companies in this market with information on the revenues for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.
Market Segmentation
By Company
Davies
Tractable
Infosys
Avenga
Duck Creek
辞尘苍鈥嬧赌媔:耻蝉
Sprout.ai
AKASA
Simplifai
Five Sigma
expert.ai
H2O.ai
ScienceSoft
Coforge
CorVel
Curacel
SmartAction
ACTICO
Codal
Kudra
Kanverse
UNOY
Clarion Analytics
Openkoda
Segment by Type
On-premises
Cloud Based
Segment by Application
Healthcare Insurance
Automotive Insurance
Financial Insurance
Others
By Region
North America
United States
Canada
Asia-Pacific
China
Japan
South Korea
Southeast Asia
India
Australia
Rest of Asia
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Rest of Europe
Latin America
Mexico
Brazil
Rest of Latin America
Middle East & Africa
Turkey
Saudi Arabia
UAE
Rest of MEA
Chapter Outline
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by Type, by Application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: Introduces executive summary of global market size, regional market size, this section also introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by companies in the industry, and the analysis of relevant policies in the industry.
Chapter 3: Detailed analysis of AI Automated Claim Management company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6, 7, 8, 9, 10: North America, Europe, Asia Pacific, Latin America, Middle East and Africa segment by country. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and capacity of each country in the world.
Chapter 11: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 12: The main points and conclusions of the report.

Please Note - This is an on demand report and will be delivered in 2 business days (48 hours) post payment.

Table Of Contents:

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global AI Automated Claim Management Market Size Growth Rate by Type: 2020 VS 2024 VS 2031
1.2.2 On-premises
1.2.3 Cloud Based
1.3 Market by Application
1.3.1 Global AI Automated Claim Management Market Growth by Application: 2020 VS 2024 VS 2031
1.3.2 Healthcare Insurance
1.3.3 Automotive Insurance
1.3.4 Financial Insurance
1.3.5 Others
1.4 Assumptions and Limitations
1.5 Study Objectives
1.6 Years Considered
2 Global Growth Trends
2.1 Global AI Automated Claim Management Market Perspective (2020-2031)
2.2 Global AI Automated Claim Management Growth Trends by Region
2.2.1 Global AI Automated Claim Management Market Size by Region: 2020 VS 2024 VS 2031
2.2.2 AI Automated Claim Management Historic Market Size by Region (2020-2025)
2.2.3 AI Automated Claim Management Forecasted Market Size by Region (2026-2031)
2.3 AI Automated Claim Management Market Dynamics
2.3.1 AI Automated Claim Management Industry Trends
2.3.2 AI Automated Claim Management Market Drivers
2.3.3 AI Automated Claim Management Market Challenges
2.3.4 AI Automated Claim Management Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top AI Automated Claim Management Players by Revenue
3.1.1 Global Top AI Automated Claim Management Players by Revenue (2020-2025)
3.1.2 Global AI Automated Claim Management Revenue Market Share by Players (2020-2025)
3.2 Global AI Automated Claim Management Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Global Key Players Ranking by AI Automated Claim Management Revenue
3.4 Global AI Automated Claim Management Market Concentration Ratio
3.4.1 Global AI Automated Claim Management Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by AI Automated Claim Management Revenue in 2024
3.5 Global Key Players of AI Automated Claim Management Head office and Area Served
3.6 Global Key Players of AI Automated Claim Management, Product and Application
3.7 Global Key Players of AI Automated Claim Management, Date of Enter into This Industry
3.8 Mergers & Acquisitions, Expansion Plans
4 AI Automated Claim Management Breakdown Data by Type
4.1 Global AI Automated Claim Management Historic Market Size by Type (2020-2025)
4.2 Global AI Automated Claim Management Forecasted Market Size by Type (2026-2031)
5 AI Automated Claim Management Breakdown Data by Application
5.1 Global AI Automated Claim Management Historic Market Size by Application (2020-2025)
5.2 Global AI Automated Claim Management Forecasted Market Size by Application (2026-2031)
6 North America
6.1 North America AI Automated Claim Management Market Size (2020-2031)
6.2 North America AI Automated Claim Management Market Growth Rate by Country: 2020 VS 2024 VS 2031
6.3 North America AI Automated Claim Management Market Size by Country (2020-2025)
6.4 North America AI Automated Claim Management Market Size by Country (2026-2031)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe AI Automated Claim Management Market Size (2020-2031)
7.2 Europe AI Automated Claim Management Market Growth Rate by Country: 2020 VS 2024 VS 2031
7.3 Europe AI Automated Claim Management Market Size by Country (2020-2025)
7.4 Europe AI Automated Claim Management Market Size by Country (2026-2031)
7.5 Germany
7.6 France
7.7 U.K.
7.8 Italy
7.9 Russia
7.10 Nordic Countries
8 Asia-Pacific
8.1 Asia-Pacific AI Automated Claim Management Market Size (2020-2031)
8.2 Asia-Pacific AI Automated Claim Management Market Growth Rate by Region: 2020 VS 2024 VS 2031
8.3 Asia-Pacific AI Automated Claim Management Market Size by Region (2020-2025)
8.4 Asia-Pacific AI Automated Claim Management Market Size by Region (2026-2031)
8.5 China
8.6 Japan
8.7 South Korea
8.8 Southeast Asia
8.9 India
8.10 Australia
9 Latin America
9.1 Latin America AI Automated Claim Management Market Size (2020-2031)
9.2 Latin America AI Automated Claim Management Market Growth Rate by Country: 2020 VS 2024 VS 2031
9.3 Latin America AI Automated Claim Management Market Size by Country (2020-2025)
9.4 Latin America AI Automated Claim Management Market Size by Country (2026-2031)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa AI Automated Claim Management Market Size (2020-2031)
10.2 Middle East & Africa AI Automated Claim Management Market Growth Rate by Country: 2020 VS 2024 VS 2031
10.3 Middle East & Africa AI Automated Claim Management Market Size by Country (2020-2025)
10.4 Middle East & Africa AI Automated Claim Management Market Size by Country (2026-2031)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 Davies
11.1.1 Davies Company Details
11.1.2 Davies Business Overview
11.1.3 Davies AI Automated Claim Management Introduction
11.1.4 Davies Revenue in AI Automated Claim Management Business (2020-2025)
11.1.5 Davies Recent Development
11.2 Tractable
11.2.1 Tractable Company Details
11.2.2 Tractable Business Overview
11.2.3 Tractable AI Automated Claim Management Introduction
11.2.4 Tractable Revenue in AI Automated Claim Management Business (2020-2025)
11.2.5 Tractable Recent Development
11.3 Infosys
11.3.1 Infosys Company Details
11.3.2 Infosys Business Overview
11.3.3 Infosys AI Automated Claim Management Introduction
11.3.4 Infosys Revenue in AI Automated Claim Management Business (2020-2025)
11.3.5 Infosys Recent Development
11.4 Avenga
11.4.1 Avenga Company Details
11.4.2 Avenga Business Overview
11.4.3 Avenga AI Automated Claim Management Introduction
11.4.4 Avenga Revenue in AI Automated Claim Management Business (2020-2025)
11.4.5 Avenga Recent Development
11.5 Duck Creek
11.5.1 Duck Creek Company Details
11.5.2 Duck Creek Business Overview
11.5.3 Duck Creek AI Automated Claim Management Introduction
11.5.4 Duck Creek Revenue in AI Automated Claim Management Business (2020-2025)
11.5.5 Duck Creek Recent Development
11.6 辞尘苍鈥嬧赌媔:耻蝉
11.6.1 辞尘苍鈥嬧赌媔:耻蝉 Company Details
11.6.2 辞尘苍鈥嬧赌媔:耻蝉 Business Overview
11.6.3 辞尘苍鈥嬧赌媔:耻蝉 AI Automated Claim Management Introduction
11.6.4 辞尘苍鈥嬧赌媔:耻蝉 Revenue in AI Automated Claim Management Business (2020-2025)
11.6.5 辞尘苍鈥嬧赌媔:耻蝉 Recent Development
11.7 Sprout.ai
11.7.1 Sprout.ai Company Details
11.7.2 Sprout.ai Business Overview
11.7.3 Sprout.ai AI Automated Claim Management Introduction
11.7.4 Sprout.ai Revenue in AI Automated Claim Management Business (2020-2025)
11.7.5 Sprout.ai Recent Development
11.8 AKASA
11.8.1 AKASA Company Details
11.8.2 AKASA Business Overview
11.8.3 AKASA AI Automated Claim Management Introduction
11.8.4 AKASA Revenue in AI Automated Claim Management Business (2020-2025)
11.8.5 AKASA Recent Development
11.9 Simplifai
11.9.1 Simplifai Company Details
11.9.2 Simplifai Business Overview
11.9.3 Simplifai AI Automated Claim Management Introduction
11.9.4 Simplifai Revenue in AI Automated Claim Management Business (2020-2025)
11.9.5 Simplifai Recent Development
11.10 Five Sigma
11.10.1 Five Sigma Company Details
11.10.2 Five Sigma Business Overview
11.10.3 Five Sigma AI Automated Claim Management Introduction
11.10.4 Five Sigma Revenue in AI Automated Claim Management Business (2020-2025)
11.10.5 Five Sigma Recent Development
11.11 expert.ai
11.11.1 expert.ai Company Details
11.11.2 expert.ai Business Overview
11.11.3 expert.ai AI Automated Claim Management Introduction
11.11.4 expert.ai Revenue in AI Automated Claim Management Business (2020-2025)
11.11.5 expert.ai Recent Development
11.12 H2O.ai
11.12.1 H2O.ai Company Details
11.12.2 H2O.ai Business Overview
11.12.3 H2O.ai AI Automated Claim Management Introduction
11.12.4 H2O.ai Revenue in AI Automated Claim Management Business (2020-2025)
11.12.5 H2O.ai Recent Development
11.13 ScienceSoft
11.13.1 ScienceSoft Company Details
11.13.2 ScienceSoft Business Overview
11.13.3 ScienceSoft AI Automated Claim Management Introduction
11.13.4 ScienceSoft Revenue in AI Automated Claim Management Business (2020-2025)
11.13.5 ScienceSoft Recent Development
11.14 Coforge
11.14.1 Coforge Company Details
11.14.2 Coforge Business Overview
11.14.3 Coforge AI Automated Claim Management Introduction
11.14.4 Coforge Revenue in AI Automated Claim Management Business (2020-2025)
11.14.5 Coforge Recent Development
11.15 CorVel
11.15.1 CorVel Company Details
11.15.2 CorVel Business Overview
11.15.3 CorVel AI Automated Claim Management Introduction
11.15.4 CorVel Revenue in AI Automated Claim Management Business (2020-2025)
11.15.5 CorVel Recent Development
11.16 Curacel
11.16.1 Curacel Company Details
11.16.2 Curacel Business Overview
11.16.3 Curacel AI Automated Claim Management Introduction
11.16.4 Curacel Revenue in AI Automated Claim Management Business (2020-2025)
11.16.5 Curacel Recent Development
11.17 SmartAction
11.17.1 SmartAction Company Details
11.17.2 SmartAction Business Overview
11.17.3 SmartAction AI Automated Claim Management Introduction
11.17.4 SmartAction Revenue in AI Automated Claim Management Business (2020-2025)
11.17.5 SmartAction Recent Development
11.18 ACTICO
11.18.1 ACTICO Company Details
11.18.2 ACTICO Business Overview
11.18.3 ACTICO AI Automated Claim Management Introduction
11.18.4 ACTICO Revenue in AI Automated Claim Management Business (2020-2025)
11.18.5 ACTICO Recent Development
11.19 Codal
11.19.1 Codal Company Details
11.19.2 Codal Business Overview
11.19.3 Codal AI Automated Claim Management Introduction
11.19.4 Codal Revenue in AI Automated Claim Management Business (2020-2025)
11.19.5 Codal Recent Development
11.20 Kudra
11.20.1 Kudra Company Details
11.20.2 Kudra Business Overview
11.20.3 Kudra AI Automated Claim Management Introduction
11.20.4 Kudra Revenue in AI Automated Claim Management Business (2020-2025)
11.20.5 Kudra Recent Development
11.21 Kanverse
11.21.1 Kanverse Company Details
11.21.2 Kanverse Business Overview
11.21.3 Kanverse AI Automated Claim Management Introduction
11.21.4 Kanverse Revenue in AI Automated Claim Management Business (2020-2025)
11.21.5 Kanverse Recent Development
11.22 UNOY
11.22.1 UNOY Company Details
11.22.2 UNOY Business Overview
11.22.3 UNOY AI Automated Claim Management Introduction
11.22.4 UNOY Revenue in AI Automated Claim Management Business (2020-2025)
11.22.5 UNOY Recent Development
11.23 Clarion Analytics
11.23.1 Clarion Analytics Company Details
11.23.2 Clarion Analytics Business Overview
11.23.3 Clarion Analytics AI Automated Claim Management Introduction
11.23.4 Clarion Analytics Revenue in AI Automated Claim Management Business (2020-2025)
11.23.5 Clarion Analytics Recent Development
11.24 Openkoda
11.24.1 Openkoda Company Details
11.24.2 Openkoda Business Overview
11.24.3 Openkoda AI Automated Claim Management Introduction
11.24.4 Openkoda Revenue in AI Automated Claim Management Business (2020-2025)
11.24.5 Openkoda Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.1.1 Research Programs/Design
13.1.1.2 Market Size Estimation
13.1.1.3 Market Breakdown and Data Triangulation
13.1.2 Data Source
13.1.2.1 Secondary Sources
13.1.2.2 Primary Sources
13.2 Author Details
13.3 Disclaimer

Companies Mentioned:

Davies
Tractable
Infosys
Avenga
Duck Creek
辞尘苍鈥嬧赌媔:耻蝉
Sprout.ai
AKASA
Simplifai
Five Sigma
expert.ai
H2O.ai
ScienceSoft
Coforge
CorVel
Curacel
SmartAction
ACTICO
Codal
Kudra
Kanverse
UNOY
Clarion Analytics
Openkoda

License Types:

Single User License (PDF)

This license allows for use of a publication by one person.
This person may print out a single copy of the publication.
This person can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
This person cannot share the publication (or any information contained therein) with any other person or persons.
Unless a Enterprise License is purchased, a Single User License must be purchased for every person that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Site License (PDF)*

This license allows for use of a publication by all users within one corporate location, e.g. a regional office.
These users may print out a single copy of the publication.
These users can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.
These users cannot share the publication (or any information contained therein) with any other person or persons outside the corporate location for which the publication is purchased.
Unless a Enterprise License is purchased, a Site User License must be purchased for every corporate location by an organization that wishes to use the publication within the same organization.
Customers who infringe these license terms are liable for a Global license fee.

听

Global License (PDF)*

This license allows for use of a publication by unlimited users within the purchasing organization e.g. all employees of a single company.
Each of these people may use the publication on any computer, and may print out the report, but may not share the publication (or any information contained therein) with any other person or persons outside of the organization.
These employees of purchasing organization can include information given in the publication in presentations and internal reports by providing full copyright credit to the publisher.

*If Applicable.

91制片厂