Executive Summary
The Global Cyber Insurance Market was valued at USD 9.98 Billion in the year 2021. Cyber insurance is growing in popularity across small, medium, and large-scale industries, driven by technological advances. In addition, the increasing media coverage of business attacks increased the desire for businesses to secure cyber insurance policies in the market. Also, the growing adoption of digitization, rapid developments in the technologies, cloud-based storage systems, Big Data, IoT, and artificial intelligence (AI) in business are frequently exposed to security breaches which have led various firms to adopt cybersecurity insurance in the market.
Based on the Insurance Type segment, the Standalone segment is expected to hold the largest share in the Cyber Insurance market in the year 2027. This is because most of the Standalone policies provide media liability insurance, which covers claims alleging libel or slander, invasion of privacy or other wrongdoings. In addition, the Standalone policy covers various property exposures, such as business interruption, data loss/destruction, and funds transfer loss. Americas region is estimated to have the maximum share in the global Cyber Insurance market followed by APAC & Europe. Americas is capable of investing heavily in R&D activities, which in turn contributes to the advancement of cyber insurance technology in the market.
Cloud computing has eroded traditional IT boundaries, opened up new markets, promoted mobile devices, and helped to advance unified communications. As a result, modern cyber security is pushing firms to use more sophisticated insurance models to protect sensitive data on the cloud. All these factors are propelling the growth of the cyber insurance market. Further, the presence of a majority of players worldwide in the cyber insurance market is expected to be the major factor driving the growth of the market globally. Leading players like Allianz have a product like Allianz Global Corporate & Specialty (AGCS) that has a long experience in cyber insurance, protecting organizations against cyber-crime and digital threats.
Scope of the Report
• The report presents the analysis of the Cyber Insurance market for the historical period of 2017-2021 and the forecast period of 2022-2027.
• The report analyses the Cyber Insurance Market by Value (USD Billion).
• The report analyses the Cyber Insurance Market by Insurance Type (Standalone, Packaged).
• The report analyses the Cyber Insurance Market by Organization (Large Enterprises, SMEs).
• The report analyses the Cyber Insurance Market by Application (Healthcare, IT & Telecom, BFSI, Others).
• The Global Cyber Insurance Market has been analysed by countries (United States, Canada, Brazil, United Kingdom, Germany, France, China, Japan, India, South Korea, Singapore).
• Also, the attractiveness of the market has been presented by region, by Insurance Type, by organization and by application.
• Also, the major opportunities, trends, drivers and challenges of the industry has been analysed in the report.
• The report tracks competitive developments, strategies, mergers and acquisitions and new product development. The companies analysed in the report include Allianz Group, AIG, AXA XL, AON Plc., Liberty Mutual, Chubb Limited, Beazley, Travelers, Axis Capital, CNA Financial.
Key Target Audience
• Cyber Insurance Industry Vendors
• Consulting and Advisory Firms
• Government and Policy Makers
• Regulatory Authorities
1. Report Scope and Methodology
1.1 Scope of the Report
1.2 Research Methodology
1.3 Executive Summary
2. Strategic Recommendations
3. Global Cyber Insurance Market: Product Overview
4. Global Cyber Insurance Market: An Analysis
4.1 Global Cyber Insurance Market: Market Indicators
4.2 Market Size, By Value, 2017-2027
4.3 Global Cyber Insurance Market: Growth and Forecast
4.4 Impact of COVID-19 on Global Cyber Insurance Market
5. Global Cyber Insurance Market: Segment Analysis
5.1 Global Cyber Insurance Market Segmentation, By Insurance Type
5.2 Competitive Positioning of Cyber Insurance Market: By Insurance Type (2021 & 2027)
5.3 By Standalone, By Value (USD Billion), 2017-2027
5.4 By Packaged, By Value (USD Billion), 2017-2027
6. Global Cyber Insurance Market: Segment Analysis
6.1 Global Cyber Insurance Market Segmentation, By Organization
6.2 Competitive Positioning of Global Cyber Insurance Market, By Organization (2021 & 2027)
6.3 By Large Enterprise, By Value (USD Billion), 2017-2027
6.4 By SMEs, By Value (USD Billion), 2017-2027
7. Global Cyber Insurance Market: Segment Analysis
7.1 Global Cyber Insurance Market Segmentation, By Application
7.2 Competitive Positioning of Global Cyber Insurance Market, By Application (2021 & 2027)
7.3 By Healthcare, By Value (USD Billion), 2017-2027
7.4 By IT & Telecom, By Value (USD Billion), 2017-2027
7.5 By BFSI, By Value (USD Billion), 2017-2027
7.6 By Others, By Value (USD Billion), 2017-2027
8. Global Cyber Insurance Market: Regional Analysis
8.1 Competitive Positioning of Global Cyber Insurance Market: By Region (2021 & 2027)
9. Americas Cyber Insurance Market: An Analysis (2017-2027)
9.1 Americas Cyber Insurance Market: Market Indicators
9.2 Americas Cyber Insurance Market- Size and Forecast, By Value (2017-2027)
9.3 Americas Cyber Insurance Market: Prominent Companies
9.4 Americas Cyber Insurance Market: Segment Analysis
9.5 Americas Cyber Insurance Market By Insurance Type, (Standalone, Packaged), By Value
9.6 Americas Cyber Insurance Market By Organization, (Large Enterprise, SMEs), By Value
9.7 Americas Cyber Insurance Market By Application, (Healthcare, IT & Telecom, BFSI, Others), By Value
9.8 Americas Cyber Insurance Market: Country Analysis
9.9 Market Opportunity Chart of Americas Cyber Insurance Market- By Country, By Value (Year-2027)
9.10 Competitive Positioning of Americas Cyber Insurance Market- By Country
9.11 United States Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
9.12 United States Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
9.13 Canada Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
9.14 Canada Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
10. Europe Cyber Insurance Market: An Analysis (2017-2027)
10.1 Europe Cyber Insurance Market: Market Indicators
10.2 Europe Cyber Insurance Market- Size and Forecast, By Value (2017-2027)
10.3 Europe Cyber Insurance Market: Prominent Companies
10.4 Europe Cyber Insurance Market: Segment Analysis
10.5 Europe Cyber Insurance Market By Insurance Type, (Standalone, Packaged), By Value
10.6 Europe Cyber Insurance Market By Organization, (Large Enterprise, SMEs), By Value
10.7 Europe Cyber Insurance Market By Application, (Healthcare, IT & Telecom, BFSI, Others), By Value
10.8 Europe Cyber Insurance Market: Country Analysis
10.9 Market Opportunity Chart of Europe Cyber Insurance Market- By Country, By Value (Year-2027)
10.10 Competitive Positioning of Europe Cyber Insurance Market- By Country
10.11 United Kingdom Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
10.12 United Kingdom Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
10.13 Germany Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
10.14 Germany Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
10.15 France Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
10.16 France Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
11. Asia Pacific Cyber Insurance Market: An Analysis (2017-2027)
11.1 Asia Pacific Cyber Insurance Market: Market Indicators
11.2 Asia Pacific Cyber Insurance Market- Size and Forecast, By Value (2017-2027)
11.3 Asia Pacific Cyber Insurance Market: Prominent Companies
11.4 Asia Pacific Cyber Insurance Market: Segment Analysis
11.5 Asia Pacific Cyber Insurance Market By Insurance Type, (Standalone, Packaged), By Value
11.6 Asia Pacific Cyber Insurance Market By Organization, (Large Enterprise, SMEs), By Value
11.7 Asia Pacific Cyber Insurance Market By Application, (Healthcare, IT & Telecom, BFSI, Others), By Value
11.8 Asia Pacific Cyber Insurance Market: Country Analysis
11.9 Market Opportunity Chart of Asia Pacific Cyber Insurance Market- By Country, By Value (Year-2027)
11.10 Competitive Positioning of Asia Pacific Cyber Insurance Market- By Country
11.11 China Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
11.12 China Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
11.13 Japan Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
11.14 Japan Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
11.15 India Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
11.16 India Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
11.17 South Korea Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
11.18 South Korea Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
11.19 Singapore Cyber Insurance Market: Size and Forecast, By Value (2017-2027)
11.20 Singapore Cyber Insurance Market By Insurance Type, By Organization, By Application, By Value (2017-2027)
12. Middle East and Africa Cyber Insurance Market: An Analysis (2017-2027)
12.1 Middle East and Africa Cyber Insurance Market: Market Indicators
12.2 Middle East and Africa Cyber Insurance Market- Size and Forecast, By Value (2017-2027)
12.3 Middle East and Africa Cyber Insurance Market By Insurance Type, (Standalone, Packaged), By Value
12.4 Middle East and Africa Cyber Insurance Market By Organization, (Large Enterprise, SME's), By Value
12.5 Middle East and Africa Cyber Insurance Market By Application, (Healthcare, IT & Telecom, BFSI, Others), By Value
13. Global Cyber Insurance Market Dynamics
13.1 Global Cyber Insurance Market Drivers
13.2 Global Cyber Insurance Market Restraints
13.3 Global Cyber Insurance Market Trends
14. Market Attractiveness and Strategic Analysis
14.1 Market Attractiveness Chart of Global Cyber Insurance Market - By Insurance Type (2027)
14.2 Market Attractiveness Chart of Global Cyber Insurance Market - By Organization (2027)
14.3 Market Attractiveness Chart of Global Cyber Insurance Market - By Application (2027)
14.4 Market Attractiveness Chart of Global Cyber Insurance Market - By Region (2027)
15. Competitive Landscape
15.1 Recent Developments
15.2 Market Share of global leading companies
16. Company Profiles (Business Description, Financial Analysis, Business Strategy)
16.1 Allianz Group
16.2 AIG
16.3 AXA XL
16.4 AON Plc.
16.5 Liberty Mutual
16.6 Chubb Limited
16.7 Beazley
16.8 Travelers
16.9 Axis Capital
16.10 CNA Financial
Price : US$ 3500 |
Date : Nov 2024 |
Category : Services |
Pages : 122 |
Price : US$ 3500 |
Date : Nov 2024 |
Category : Services |
Pages : 129 |
Price : US$ 3500 |
Date : Nov 2024 |
Category : Services |
Pages : 127 |
Price : US$ 3500 |
Date : Nov 2024 |
Category : Services |
Pages : 124 |
Price : US$ 3500 |
Date : Oct 2024 |
Category : Services |
Pages : 137 |