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Cyber Security Insurance Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2025

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Cybersecurity insurance is a product that is offered to individuals and businesses in order to protect them from the effects and consequences of online attacks. This recognition of the inherent dangers of storing customer information online & the ri
Adroit Market Research
Global Cyber Security Insurance
Market Size 2019
by Organization Size (SME, Mid-Market and Large
Enterprises), by Industry (BFSI, ICT, Healthcare,
Manufacturing, Retail and Others), Region and
Forecast 2019 to 2025
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Adroit Market Research
Cyber Security Insurance Market Size and Forecast 2019-2025
• Global Cyber security insurance have varying product lines, mostly depending on the customer requirements. The report also
provides the various key strategies adopted by the leading players as the demand is growing from Asia-Pacific economies.
• Current Cyber security insurance market share in been derived on the basis of thorough understanding of the forecast and
dynamics of Cyber security in various geographies.
• Also, the global Cyber security insurance market size has also been laid down based on the Porter’s Five Forces Analysis for the
industry players’ decision making.
• The global Cyber security insurance market size was USD 3.89 billion in 2017 and is expected to grow to USD 23.07 billion in 2025
owing to growing intensity of cyber-attacks across the world.
• Furthermore, growing vulnerability of cyber exploitation due to rise in connected devices across the world and emergence of
Internet of Things (IoT) have driven the majorly the cyber insurance market.
• Along with the investment in the Cyber security solutions, which include hardware and software solutions, companies have also
started to take cyber insurance to mitigate risks.
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Adroit Market Research
Cyber Security Insurance Market Size and Forecast 2019-2025
• Even if the cyber insurance market is projected to grow in the future, there are quite a few challenges which need
to be addressed by the insurers and mentioned further in the report. Standalone cyber insurance solutions is a
recent phenomenon and currently, the underwriting of cyber insurance is still limited due to immature and
limited expertise.
• The global cyber insurance market can be further segmented on the basis of the organization size- SMEs, midmarket and large enterprises. Mid-market companies had the highest market share in 2017 just followed by the
large enterprise segment.
• Global strengthening of regulations on loss of personally identifiable information (PII) has fuelled the demand for
Cyber security insurance across all the sectors. Especially, the General Data Protection Regulation (GDPR) in the
European Union (EU) has increased the interest in cyber insurance across Europe.
• Rapidly increasing connected devices both for personal and business purposes, have created new vulnerabilities
which the cyber-attackers can exploit. Cloud computing, which is used for outsourcing services and storage,
brings a lot of benefits as well as risks.
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Adroit Market Research
Cyber Security Insurance Market Size and Forecast 2019-2025
• Key segments of the Global Cyber Security Insurance Market
• Organization Size Overview, 2015-2025 (USD Million)
• SME
• Mid-market
• Large enterprises
• Industry Overview, 2015-2025 (USD Million):
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•
•
•
•
•
BFSI
ICT
Healthcare
Manufacturing
Retail
Others
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Adroit Market Research
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Adroit Market Research is an India-based business analytics and consulting company. Our
target audience is a wide range of corporations, manufacturing companies, product/technology
development institutions and industry associations that require understanding of a market’s
size, key trends, participants and future outlook of an industry. We intend to become our
clients’ knowledge partner and provide them with valuable market insights to help create
opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At
our core, we are curious people who love to identify and understand industry patterns, create
an insightful study around our findings and churn out money-making roadmaps. Our analysts
have tracked high growth markets in chemicals & materials, healthcare & pharmaceuticals,
semiconductor & electronics, energy & power, food & retail, consumer goods, technology, and
machinery & equipment sectors across the world to identify new opportunities, potential
customers, prepare go-to-market (GTM) strategies, identify segments for revenue growth for
companies, and many more.
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