The Market Reports
Call: +1-631-407-1315 / +91-750-729-1479
Email: sales@themarketreports.com
Cyber Insurance-Global Market Insights and Sales Trends 2024
Synopsis
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. Risks of this nature are typically excluded from traditional commercial general liability policies or at least are not specifically defined in traditional insurance products. Coverage provided by cyber-insurance policies may include first-party coverage against losses such as data destruction, extortion, theft, hacking, and denial of service attacks; liability coverage indemnifying companies for losses to others caused, for example, by errors and omissions, failure to safeguard data, or defamation; and other benefits including regular security-audit, post-incident public relations and investigative expenses, and criminal reward funds.
The global Cyber Insurance market size is expected to reach US$ 73120 million by 2029, growing at a CAGR of 33.8% from 2023 to 2029. The market is mainly driven by the significant applications of Cyber Insurance in various end use industries. The expanding demands from the Financial Institutions, Retail and Wholesale, Healthcare and Business Services, are propelling Cyber Insurance market. Stand-alone Cyber Insurance, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Packaged Cyber Insurance segment is estimated at % CAGR for the next seven-year period.
Global Cyber Insurance key players include AIG, Chubb, XL Group, Beazley, Allianz, etc. Global top five manufacturers hold a share about 35%. North America is the largest market, with a share about 90%, followed by Europe and Japan, total with a share about 8 percent. In terms of product, Stand-alone Cyber Insurance is the largest segment, with a share about 70%. And in terms of application, the largest application is Financial Institutions, followed by Retail and Wholesale, Healthcare, Business Services, Manufacturing, and Technology, etc.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cyber Insurance, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cyber Insurance market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cyber Insurance market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cyber Insurance sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cyber Insurance covered in this report include AIG, Chubb, XL, Beazley, Allianz, Zurich Insurance, Munich Re, Berkshire Hathaway and AON, etc.
The global Cyber Insurance market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AIG
Chubb
XL
Beazley
Allianz
Zurich Insurance
Munich Re
Berkshire Hathaway
AON
AXIS Insurance
Lockton
CNA
Travelers
BCS Insurance
Liberty Mutual
Global Cyber Insurance market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cyber Insurance market, Segment by Type:
Stand-alone Cyber Insurance
Packaged Cyber Insurance
Global Cyber Insurance market, by Application
Financial Institutions
Retail and Wholesale
Healthcare
Business Services
Manufacturing
Technology
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Cyber Insurance companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
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. Risks of this nature are typically excluded from traditional commercial general liability policies or at least are not specifically defined in traditional insurance products. Coverage provided by cyber-insurance policies may include first-party coverage against losses such as data destruction, extortion, theft, hacking, and denial of service attacks; liability coverage indemnifying companies for losses to others caused, for example, by errors and omissions, failure to safeguard data, or defamation; and other benefits including regular security-audit, post-incident public relations and investigative expenses, and criminal reward funds.
The global Cyber Insurance market size is expected to reach US$ 73120 million by 2029, growing at a CAGR of 33.8% from 2023 to 2029. The market is mainly driven by the significant applications of Cyber Insurance in various end use industries. The expanding demands from the Financial Institutions, Retail and Wholesale, Healthcare and Business Services, are propelling Cyber Insurance market. Stand-alone Cyber Insurance, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Packaged Cyber Insurance segment is estimated at % CAGR for the next seven-year period.
Global Cyber Insurance key players include AIG, Chubb, XL Group, Beazley, Allianz, etc. Global top five manufacturers hold a share about 35%. North America is the largest market, with a share about 90%, followed by Europe and Japan, total with a share about 8 percent. In terms of product, Stand-alone Cyber Insurance is the largest segment, with a share about 70%. And in terms of application, the largest application is Financial Institutions, followed by Retail and Wholesale, Healthcare, Business Services, Manufacturing, and Technology, etc.
Report Objectives
This report provides market insight on the different segments, by players, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Cyber Insurance, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Cyber Insurance market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Cyber Insurance market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Cyber Insurance sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Cyber Insurance covered in this report include AIG, Chubb, XL, Beazley, Allianz, Zurich Insurance, Munich Re, Berkshire Hathaway and AON, etc.
The global Cyber Insurance market report caters to various stakeholders in this industry including investors, suppliers, product players, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
AIG
Chubb
XL
Beazley
Allianz
Zurich Insurance
Munich Re
Berkshire Hathaway
AON
AXIS Insurance
Lockton
CNA
Travelers
BCS Insurance
Liberty Mutual
Global Cyber Insurance market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Cyber Insurance market, Segment by Type:
Stand-alone Cyber Insurance
Packaged Cyber Insurance
Global Cyber Insurance market, by Application
Financial Institutions
Retail and Wholesale
Healthcare
Business Services
Manufacturing
Technology
Others
Core Chapters
Chapter One: Introduces the report scope of the report, executive summary of global and regional market size and CAGR for the history and forecast period (2018-2023, 2024-2029). 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 Two: 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 Three: 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 Four: Detailed analysis of Cyber Insurance companies’ competitive landscape, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Five: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product introduction, revenue, recent development, etc.
Chapter Six, Seven, Eight, Nine and Ten: North America, Europe, Asia Pacific, Latin America, Middle East & Africa, revenue by country.
Chapter Eleven: 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 Twelve: Research Finding/Conclusion
Index1 Market Overview of Cyber Insurance
1.1 Cyber Insurance Market Overview
1.1.1 Cyber Insurance Product Scope
1.1.2 Cyber Insurance Market Status and Outlook
1.2 Global Cyber Insurance Market Size Overview by Region 2018 VS 2022 VS 2029
1.3 Global Cyber Insurance Market Size by Region (2018-2029)
1.4 Global Cyber Insurance Historic Market Size by Region (2018-2023)
1.5 Global Cyber Insurance Market Size Forecast by Region (2024-2029)
1.6 Key Regions, Cyber Insurance Market Size (2018-2029)
1.6.1 North America Cyber Insurance Market Size (2018-2029)
1.6.2 Europe Cyber Insurance Market Size (2018-2029)
1.6.3 Asia-Pacific Cyber Insurance Market Size (2018-2029)
1.6.4 Latin America Cyber Insurance Market Size (2018-2029)
1.6.5 Middle East & Africa Cyber Insurance Market Size (2018-2029)
2 Cyber Insurance Market by Type
2.1 Introduction
2.1.1 Stand-alone Cyber Insurance
2.1.2 Packaged Cyber Insurance
2.2 Global Cyber Insurance Market Size by Type: 2018 VS 2022 VS 2029
2.2.1 Global Cyber Insurance Historic Market Size by Type (2018-2023)
2.2.2 Global Cyber Insurance Forecasted Market Size by Type (2024-2029)
2.3 Key Regions Market Size by Type
2.3.1 North America Cyber Insurance Revenue Breakdown by Type (2018-2029)
2.3.2 Europe Cyber Insurance Revenue Breakdown by Type (2018-2029)
2.3.3 Asia-Pacific Cyber Insurance Revenue Breakdown by Type (2018-2029)
2.3.4 Latin America Cyber Insurance Revenue Breakdown by Type (2018-2029)
2.3.5 Middle East and Africa Cyber Insurance Revenue Breakdown by Type (2018-2029)
3 Cyber Insurance Market Overview by Application
3.1 Introduction
3.1.1 Financial Institutions
3.1.2 Retail and Wholesale
3.1.3 Healthcare
3.1.4 Business Services
3.1.5 Manufacturing
3.1.6 Technology
3.1.7 Others
3.2 Global Cyber Insurance Market Size by Application: 2018 VS 2022 VS 2029
3.2.1 Global Cyber Insurance Historic Market Size by Application (2018-2023)
3.2.2 Global Cyber Insurance Forecasted Market Size by Application (2024-2029)
3.3 Key Regions Market Size by Application
3.3.1 North America Cyber Insurance Revenue Breakdown by Application (2018-2029)
3.3.2 Europe Cyber Insurance Revenue Breakdown by Application (2018-2029)
3.3.3 Asia-Pacific Cyber Insurance Revenue Breakdown by Application (2018-2029)
3.3.4 Latin America Cyber Insurance Revenue Breakdown by Application (2018-2029)
3.3.5 Middle East and Africa Cyber Insurance Revenue Breakdown by Application (2018-2029)
4 Cyber Insurance Competition Analysis by Players
4.1 Global Cyber Insurance Market Size by Players (2018-2023)
4.2 Global Top Players by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Cyber Insurance as of 2022)
4.3 Date of Key Players Enter into Cyber Insurance Market
4.4 Global Top Players Cyber Insurance Headquarters and Area Served
4.5 Key Players Cyber Insurance Product Solution and Service
4.6 Competitive Status
4.6.1 Cyber Insurance Market Concentration Rate
4.6.2 Mergers & Acquisitions, Expansion Plans
5 Company (Top Players) Profiles
5.1 AIG
5.1.1 AIG Profile
5.1.2 AIG Main Business
5.1.3 AIG Cyber Insurance Products, Services and Solutions
5.1.4 AIG Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.1.5 AIG Recent Developments
5.2 Chubb
5.2.1 Chubb Profile
5.2.2 Chubb Main Business
5.2.3 Chubb Cyber Insurance Products, Services and Solutions
5.2.4 Chubb Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.2.5 Chubb Recent Developments
5.3 XL
5.3.1 XL Profile
5.3.2 XL Main Business
5.3.3 XL Cyber Insurance Products, Services and Solutions
5.3.4 XL Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.3.5 Beazley Recent Developments
5.4 Beazley
5.4.1 Beazley Profile
5.4.2 Beazley Main Business
5.4.3 Beazley Cyber Insurance Products, Services and Solutions
5.4.4 Beazley Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.4.5 Beazley Recent Developments
5.5 Allianz
5.5.1 Allianz Profile
5.5.2 Allianz Main Business
5.5.3 Allianz Cyber Insurance Products, Services and Solutions
5.5.4 Allianz Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.5.5 Allianz Recent Developments
5.6 Zurich Insurance
5.6.1 Zurich Insurance Profile
5.6.2 Zurich Insurance Main Business
5.6.3 Zurich Insurance Cyber Insurance Products, Services and Solutions
5.6.4 Zurich Insurance Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.6.5 Zurich Insurance Recent Developments
5.7 Munich Re
5.7.1 Munich Re Profile
5.7.2 Munich Re Main Business
5.7.3 Munich Re Cyber Insurance Products, Services and Solutions
5.7.4 Munich Re Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.7.5 Munich Re Recent Developments
5.8 Berkshire Hathaway
5.8.1 Berkshire Hathaway Profile
5.8.2 Berkshire Hathaway Main Business
5.8.3 Berkshire Hathaway Cyber Insurance Products, Services and Solutions
5.8.4 Berkshire Hathaway Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.8.5 Berkshire Hathaway Recent Developments
5.9 AON
5.9.1 AON Profile
5.9.2 AON Main Business
5.9.3 AON Cyber Insurance Products, Services and Solutions
5.9.4 AON Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.9.5 AON Recent Developments
5.10 AXIS Insurance
5.10.1 AXIS Insurance Profile
5.10.2 AXIS Insurance Main Business
5.10.3 AXIS Insurance Cyber Insurance Products, Services and Solutions
5.10.4 AXIS Insurance Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.10.5 AXIS Insurance Recent Developments
5.11 Lockton
5.11.1 Lockton Profile
5.11.2 Lockton Main Business
5.11.3 Lockton Cyber Insurance Products, Services and Solutions
5.11.4 Lockton Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.11.5 Lockton Recent Developments
5.12 CNA
5.12.1 CNA Profile
5.12.2 CNA Main Business
5.12.3 CNA Cyber Insurance Products, Services and Solutions
5.12.4 CNA Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.12.5 CNA Recent Developments
5.13 Travelers
5.13.1 Travelers Profile
5.13.2 Travelers Main Business
5.13.3 Travelers Cyber Insurance Products, Services and Solutions
5.13.4 Travelers Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.13.5 Travelers Recent Developments
5.14 BCS Insurance
5.14.1 BCS Insurance Profile
5.14.2 BCS Insurance Main Business
5.14.3 BCS Insurance Cyber Insurance Products, Services and Solutions
5.14.4 BCS Insurance Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.14.5 BCS Insurance Recent Developments
5.15 Liberty Mutual
5.15.1 Liberty Mutual Profile
5.15.2 Liberty Mutual Main Business
5.15.3 Liberty Mutual Cyber Insurance Products, Services and Solutions
5.15.4 Liberty Mutual Cyber Insurance Revenue (US$ Million) & (2018-2023)
5.15.5 Liberty Mutual Recent Developments
6 North America
6.1 North America Cyber Insurance Market Size by Country (2018-2029)
6.2 U.S.
6.3 Canada
7 Europe
7.1 Europe Cyber Insurance Market Size by Country (2018-2029)
7.2 Germany
7.3 France
7.4 U.K.
7.5 Italy
7.6 Russia
7.7 Nordic Countries
7.8 Rest of Europe
8 Asia-Pacific
8.1 Asia-Pacific Cyber Insurance Market Size by Region (2018-2029)
8.2 China
8.3 Japan
8.4 South Korea
8.5 Southeast Asia
8.6 India
8.7 Australia
8.8 Rest of Asia-Pacific
9 Latin America
9.1 Latin America Cyber Insurance Market Size by Country (2018-2029)
9.2 Mexico
9.3 Brazil
9.4 Rest of Latin America
10 Middle East & Africa
10.1 Middle East & Africa Cyber Insurance Market Size by Country (2018-2029)
10.2 Turkey
10.3 Saudi Arabia
10.4 UAE
10.5 Rest of Middle East & Africa
11 Cyber Insurance Market Dynamics
11.1 Cyber Insurance Industry Trends
11.2 Cyber Insurance Market Drivers
11.3 Cyber Insurance Market Challenges
11.4 Cyber Insurance Market Restraints
12 Research Finding /Conclusion
13 Methodology and Data Source
13.1 Methodology/Research Approach
13.1.1 Research Programs/Design
13.1.2 Market Size Estimation
13.1.3 Market Breakdown and Data Triangulation
13.2 Data Source
13.2.1 Secondary Sources
13.2.2 Primary Sources
13.3 Disclaimer
13.4 Author List
Published By : QY Research
Why ‘The Market Reports’
In Business:
Pre Sales Support:
Post Sales Support:
Turn Around Time:
Clients Served:
Clients Assisted:
Client Types:
Payment:
- Accept global payments [Credit Card / PayPal / Wire Transfer]
- Accept local payments in South Korea, Germany, China and India [Can pay in local currency]
Latest IT & Electronics Market Reports
Payments Accepted From
Connect with us at
Complete Secure Website
