PUBLISHER: QYResearch | PRODUCT CODE: 1862294
PUBLISHER: QYResearch | PRODUCT CODE: 1862294
The global market for Cyber Insurance was estimated to be worth US$ 16620 million in 2024 and is forecast to a readjusted size of US$ 85634 million by 2031 with a CAGR of 25.8% during the forecast period 2025-2031.
Cyber insurance is a type of insurance policy designed to protect individuals, businesses, and organizations against financial losses resulting from cyber-related incidents such as data breaches, hacking, ransomware attacks, and other cyber threats. It typically covers costs related to data recovery, legal fees, regulatory fines, business interruption, and crisis management. The primary downstream users of cyber insurance include small and medium-sized enterprises (SMEs), large corporations, healthcare providers, financial institutions, government agencies, and technology companies. These users seek to mitigate the financial risks associated with increasingly sophisticated cyberattacks and regulatory requirements.
The cyber insurance market has experienced rapid growth as digital transformation accelerates and cyber threats become more complex and frequent. Organizations across industries are recognizing the critical need to safeguard their digital assets and mitigate financial risks from cyberattacks. This has driven demand for tailored cyber insurance products that address diverse risk profiles, including coverage for data breaches, ransomware, business interruption, and liability claims. Regulatory pressure in many regions, such as mandatory breach notifications and data protection laws, further incentivizes adoption. Small and medium-sized enterprises, which often lack robust internal cybersecurity measures, represent a fast-growing segment of the market. Additionally, increased awareness of cyber risks among executives and boards has led to greater integration of cyber insurance into broader risk management strategies. Advances in underwriting technology and risk assessment models are improving pricing accuracy and coverage customization. Despite challenges such as evolving threat landscapes and the complexity of aggregating cyber risks, the cyber insurance market is projected to continue expanding, driven by digitalization trends, rising cybercrime costs, and growing regulatory scrutiny.
This report aims to provide a comprehensive presentation of the global market for Cyber Insurance, focusing on the total sales revenue, key companies market share and ranking, together with an analysis of Cyber Insurance by region & country, by Type, and by Application.
The Cyber Insurance market size, estimations, and forecasts are provided in terms of sales revenue ($ millions), considering 2024 as the base year, with history and forecast data for the period from 2020 to 2031. 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 Cyber Insurance.
Market Segmentation
By Company
Segment by Type
Segment by Application
By Region
Chapter Outline
Chapter 1: Introduces the report scope of the report, global total market size. This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 2: Detailed analysis of Cyber Insurance company competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 3: 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 4: 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 5: Revenue of Cyber Insurance in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 6: Revenue of Cyber Insurance in country level. It provides sigmate data by Type, and by Application for each country/region.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.