Cyber-insurance is an insurance product used to protect businesses and individual users from Internet-based risks, and more generally from risks relating to information technology infrastructure and activities.
Rise in cyber data breaches and increasing adoption of cloud-based services are a few factors driving the growth of cyber security insurance market, whereas, high costs is inhibiting its growth.
Market Analysis and Insights: Global Cyber Security Insurance Market
In 2019, the global Cyber Security Insurance market size was US$ 4174.9 million and it is expected to reach US$ 11230 million by the end of 2026, with a CAGR of 15.1% during 2021-2026.
Global Cyber Security Insurance Scope and Market Size
Cyber Security Insurance market is segmented by Type, and by Application. Players, stakeholders, and other participants in the global Cyber Security Insurance market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2015-2026.
Segment by Type, the Cyber Security Insurance market is segmented into Small Medium Enterprises (SMEs), Large Enterprises, etc.
Segment by Application, the Cyber Security Insurance market is segmented into Healthcare, Retail, BFSI, IT & Telecom, Manufacturing, etc.
Regional and Country-level Analysis
The Cyber Security Insurance market is analysed and market size information is provided by regions (countries).
The key regions covered in the Cyber Security Insurance market report are North America, Europe, China, Japan, Southeast Asia, India and Central & South America, etc.
The report includes country-wise and region-wise market size for the period 2015-2026. It also includes market size and forecast by Type, and by Application segment in terms of revenue for the period 2015-2026.

Competitive Landscape

and Cyber Security Insurance Market Share Analysis
Cyber Security Insurance market competitive landscape provides details and data information by vendors. The report offers comprehensive analysis and accurate statistics on revenue by the player for the period 2015-2020. It also offers detailed analysis supported by reliable statistics on revenue (global and regional level) by player for the period 2015-2020. Details included are company description, major business, company total revenue and the revenue generated in Cyber Security Insurance business, the date to enter into the Cyber Security Insurance market, Cyber Security Insurance product introduction, recent developments, etc.
The major vendors include XL, AIG, Berkshire Hathaway, Zurich Insurance, Chubb, AON, Bin Insurer, Lockton, Security Scorecard, Allianz, Munich Re, etc.

This report focuses on the global Cyber Security Insurance status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Cyber Security Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.

The key players covered in this study

XL
AIG
Berkshire Hathaway
Zurich Insurance
Chubb
AON
Bin Insurer
Lockton
Security Scorecard
Allianz
Munich Re

Market segment by Type, the product can be split into

Small Medium Enterprises (SMEs)
Large Enterprises

Market segment by Application, split into

Healthcare
Retail
BFSI
IT & Telecom
Manufacturing

Market segment by Regions/Countries, this report covers

North America
Europe
China
Japan
Southeast Asia
India
Central & South America

The study objectives of this report are:

To analyze global Cyber Security Insurance status, future forecast, growth opportunity, key market and key players.
To present the Cyber Security Insurance development in North America, Europe, China, Japan, Southeast Asia, India and Central & South America.
To strategically profile the key players and comprehensively analyze their development plan and strategies.
To define, describe and forecast the market by type, market and key regions.

In this study, the years considered to estimate the market size of Cyber Security Insurance are as follows:
History Year: 2015-2019

Base Year:

2019

Estimated Year:

2020
Forecast Year 2020 to 2026
For the data information by region, company, type and application, 2019 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.