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Global Cyber Insurance Market Research Report 2024

Global Cyber Insurance Market Research Report 2024

Publishing Date : Jan, 2024

License Type :
 

Report Code : 1704635

No of Pages : 99

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 was valued at US$ 9324 million in 2023 and is anticipated to reach US$ 73120 million by 2030, witnessing a CAGR of 33.8% during the forecast period 2024-2030.

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.

This report aims to provide a comprehensive presentation of the global market for Cyber Insurance, 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.

Report Scope

The Cyber Insurance market size, estimations, and forecasts are provided in terms of revenue ($ millions), considering 2023 as the base year, with history and forecast data for the period from 2019 to 2030. This report segments the global Cyber Insurance 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 Cyber Insurance companies, new entrants, and industry chain related companies in this market with information on the revenues, sales volume, and average price for the overall market and the sub-segments across the different segments, by company, by Type, by Application, and by regions.

By Company (Partial List)

  • AIG
  • Chubb
  • XL
  • Beazley
  • Allianz
  • Zurich Insurance
  • Munich Re
  • Berkshire Hathaway
  • AON
  • AXIS Insurance
  • Lockton
  • CNA
  • Travelers
  • BCS Insurance
  • Liberty Mutual

Segment by Type

  • Stand-alone Cyber Insurance
  • Packaged Cyber Insurance

Segment by Application

  • Financial Institutions
  • Retail and Wholesale
  • Healthcare
  • Business Services
  • Manufacturing
  • Technology
  • Others

Consumption by Region

  • North America (United States, Canada)
  • Europe (Germany, France, U.K., Italy, Netherlands)
  • Asia-Pacific (China, Japan, South Korea, China Taiwan, Southeast Asia, India)
  • Latin America, Middle East & Africa (Latin America, Mexico, Brazil, Turkey)

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 Cyber Insurance companies’ 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.

Index

1 Report Overview
1.1 Study Scope
1.2 Market Analysis by Type
1.2.1 Global Cyber Insurance Market Size Growth Rate by Type: 2019 VS 2023 VS 2030
1.2.2 Stand-alone Cyber Insurance
1.2.3 Packaged Cyber Insurance
1.3 Market by Application
1.3.1 Global Cyber Insurance Market Growth by Application: 2019 VS 2023 VS 2030
1.3.2 Financial Institutions
1.3.3 Retail and Wholesale
1.3.4 Healthcare
1.3.5 Business Services
1.3.6 Manufacturing
1.3.7 Technology
1.3.8 Others
1.4 Study Objectives
1.5 Years Considered
1.6 Years Considered
2 Global Growth Trends
2.1 Global Cyber Insurance Market Perspective (2019-2030)
2.2 Cyber Insurance Growth Trends by Region
2.2.1 Global Cyber Insurance Market Size by Region: 2019 VS 2023 VS 2030
2.2.2 Cyber Insurance Historic Market Size by Region (2019-2024)
2.2.3 Cyber Insurance Forecasted Market Size by Region (2025-2030)
2.3 Cyber Insurance Market Dynamics
2.3.1 Cyber Insurance Industry Trends
2.3.2 Cyber Insurance Market Drivers
2.3.3 Cyber Insurance Market Challenges
2.3.4 Cyber Insurance Market Restraints
3 Competition Landscape by Key Players
3.1 Global Top Cyber Insurance Players by Revenue
3.1.1 Global Top Cyber Insurance Players by Revenue (2019-2024)
3.1.2 Global Cyber Insurance Revenue Market Share by Players (2019-2024)
3.2 Global Cyber Insurance Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.3 Players Covered: Ranking by Cyber Insurance Revenue
3.4 Global Cyber Insurance Market Concentration Ratio
3.4.1 Global Cyber Insurance Market Concentration Ratio (CR5 and HHI)
3.4.2 Global Top 10 and Top 5 Companies by Cyber Insurance Revenue in 2023
3.5 Cyber Insurance Key Players Head office and Area Served
3.6 Key Players Cyber Insurance Product Solution and Service
3.7 Date of Enter into Cyber Insurance Market
3.8 Mergers & Acquisitions, Expansion Plans
4 Cyber Insurance Breakdown Data by Type
4.1 Global Cyber Insurance Historic Market Size by Type (2019-2024)
4.2 Global Cyber Insurance Forecasted Market Size by Type (2025-2030)
5 Cyber Insurance Breakdown Data by Application
5.1 Global Cyber Insurance Historic Market Size by Application (2019-2024)
5.2 Global Cyber Insurance Forecasted Market Size by Application (2025-2030)
6 North America
6.1 North America Cyber Insurance Market Size (2019-2030)
6.2 North America Cyber Insurance Market Growth Rate by Country: 2019 VS 2023 VS 2030
6.3 North America Cyber Insurance Market Size by Country (2019-2024)
6.4 North America Cyber Insurance Market Size by Country (2025-2030)
6.5 United States
6.6 Canada
7 Europe
7.1 Europe Cyber Insurance Market Size (2019-2030)
7.2 Europe Cyber Insurance Market Growth Rate by Country: 2019 VS 2023 VS 2030
7.3 Europe Cyber Insurance Market Size by Country (2019-2024)
7.4 Europe Cyber Insurance Market Size by Country (2025-2030)
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 Cyber Insurance Market Size (2019-2030)
8.2 Asia-Pacific Cyber Insurance Market Growth Rate by Region: 2019 VS 2023 VS 2030
8.3 Asia-Pacific Cyber Insurance Market Size by Region (2019-2024)
8.4 Asia-Pacific Cyber Insurance Market Size by Region (2025-2030)
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 Cyber Insurance Market Size (2019-2030)
9.2 Latin America Cyber Insurance Market Growth Rate by Country: 2019 VS 2023 VS 2030
9.3 Latin America Cyber Insurance Market Size by Country (2019-2024)
9.4 Latin America Cyber Insurance Market Size by Country (2025-2030)
9.5 Mexico
9.6 Brazil
10 Middle East & Africa
10.1 Middle East & Africa Cyber Insurance Market Size (2019-2030)
10.2 Middle East & Africa Cyber Insurance Market Growth Rate by Country: 2019 VS 2023 VS 2030
10.3 Middle East & Africa Cyber Insurance Market Size by Country (2019-2024)
10.4 Middle East & Africa Cyber Insurance Market Size by Country (2025-2030)
10.5 Turkey
10.6 Saudi Arabia
10.7 UAE
11 Key Players Profiles
11.1 AIG
11.1.1 AIG Company Detail
11.1.2 AIG Business Overview
11.1.3 AIG Cyber Insurance Introduction
11.1.4 AIG Revenue in Cyber Insurance Business (2019-2024)
11.1.5 AIG Recent Development
11.2 Chubb
11.2.1 Chubb Company Detail
11.2.2 Chubb Business Overview
11.2.3 Chubb Cyber Insurance Introduction
11.2.4 Chubb Revenue in Cyber Insurance Business (2019-2024)
11.2.5 Chubb Recent Development
11.3 XL
11.3.1 XL Company Detail
11.3.2 XL Business Overview
11.3.3 XL Cyber Insurance Introduction
11.3.4 XL Revenue in Cyber Insurance Business (2019-2024)
11.3.5 XL Recent Development
11.4 Beazley
11.4.1 Beazley Company Detail
11.4.2 Beazley Business Overview
11.4.3 Beazley Cyber Insurance Introduction
11.4.4 Beazley Revenue in Cyber Insurance Business (2019-2024)
11.4.5 Beazley Recent Development
11.5 Allianz
11.5.1 Allianz Company Detail
11.5.2 Allianz Business Overview
11.5.3 Allianz Cyber Insurance Introduction
11.5.4 Allianz Revenue in Cyber Insurance Business (2019-2024)
11.5.5 Allianz Recent Development
11.6 Zurich Insurance
11.6.1 Zurich Insurance Company Detail
11.6.2 Zurich Insurance Business Overview
11.6.3 Zurich Insurance Cyber Insurance Introduction
11.6.4 Zurich Insurance Revenue in Cyber Insurance Business (2019-2024)
11.6.5 Zurich Insurance Recent Development
11.7 Munich Re
11.7.1 Munich Re Company Detail
11.7.2 Munich Re Business Overview
11.7.3 Munich Re Cyber Insurance Introduction
11.7.4 Munich Re Revenue in Cyber Insurance Business (2019-2024)
11.7.5 Munich Re Recent Development
11.8 Berkshire Hathaway
11.8.1 Berkshire Hathaway Company Detail
11.8.2 Berkshire Hathaway Business Overview
11.8.3 Berkshire Hathaway Cyber Insurance Introduction
11.8.4 Berkshire Hathaway Revenue in Cyber Insurance Business (2019-2024)
11.8.5 Berkshire Hathaway Recent Development
11.9 AON
11.9.1 AON Company Detail
11.9.2 AON Business Overview
11.9.3 AON Cyber Insurance Introduction
11.9.4 AON Revenue in Cyber Insurance Business (2019-2024)
11.9.5 AON Recent Development
11.10 AXIS Insurance
11.10.1 AXIS Insurance Company Detail
11.10.2 AXIS Insurance Business Overview
11.10.3 AXIS Insurance Cyber Insurance Introduction
11.10.4 AXIS Insurance Revenue in Cyber Insurance Business (2019-2024)
11.10.5 AXIS Insurance Recent Development
11.11 Lockton
11.11.1 Lockton Company Detail
11.11.2 Lockton Business Overview
11.11.3 Lockton Cyber Insurance Introduction
11.11.4 Lockton Revenue in Cyber Insurance Business (2019-2024)
11.11.5 Lockton Recent Development
11.12 CNA
11.12.1 CNA Company Detail
11.12.2 CNA Business Overview
11.12.3 CNA Cyber Insurance Introduction
11.12.4 CNA Revenue in Cyber Insurance Business (2019-2024)
11.12.5 CNA Recent Development
11.13 Travelers
11.13.1 Travelers Company Detail
11.13.2 Travelers Business Overview
11.13.3 Travelers Cyber Insurance Introduction
11.13.4 Travelers Revenue in Cyber Insurance Business (2019-2024)
11.13.5 Travelers Recent Development
11.14 BCS Insurance
11.14.1 BCS Insurance Company Detail
11.14.2 BCS Insurance Business Overview
11.14.3 BCS Insurance Cyber Insurance Introduction
11.14.4 BCS Insurance Revenue in Cyber Insurance Business (2019-2024)
11.14.5 BCS Insurance Recent Development
11.15 Liberty Mutual
11.15.1 Liberty Mutual Company Detail
11.15.2 Liberty Mutual Business Overview
11.15.3 Liberty Mutual Cyber Insurance Introduction
11.15.4 Liberty Mutual Revenue in Cyber Insurance Business (2019-2024)
11.15.5 Liberty Mutual Recent Development
12 Analyst's Viewpoints/Conclusions
13 Appendix
13.1 Research Methodology
13.1.1 Methodology/Research Approach
13.1.2 Data Source
13.2 Disclaimer
13.3 Author Details

Published By : QY Research

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