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Global Cyber Insurance Market - Analysis By Insurance Type (Standalone, Packaged), Organization, Application, By Region, By Country (2022 Edition): Market Insights and Forecast with Impact of COVID-19 (2022-2027)

  • Report Code : 821133
  • Industry : Services
  • Published On : Jul 2022
  • Pages : 220
  • Publisher : Azoth Analytics
  • Format: WMR PPT FormatWMR PDF Format

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

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