Global Cyber Insurance Industry was valued at USD 5.06 Billion in the year 2017. Global Cyber Insurance Industry is further estimated to grow at a CAGR of 26.28% from 2018 to 2025 to reach USD 32.78 Billion. North America region holds the highest Industry share in 2017 with Asia Pacific region is considered as the fastest growing Industry in the forecasted period. At a country level, U.S. is the biggest Industry in 2017 and it is projected to grow at a gradual pace in the coming years.
Global Cyber Insurance Industry Share by 2025
The major Industry Players in Cyber Insurance Industry are American International Group Inc., Chubb Limited, XL Group Limited, Beazley PLC, Allianz Group, Zurich Insurance Group, Munich Re Group (Other 13 companies information is provided in research report).
The Financial Institution segment is expected to hold the highest Industry share during the forecast period. The Financial institute holds the largest share because it includes banking and investment companies who have the high risk of cyber-attacks.
On the other hand, Large Scale Enterprises Industry for Cyber Insurance is expected to grow at the highest CAGR during the year 2018-2025. Large-scale enterprises hold the largest Industry share because enterprise risk transfer is more as compared to small-medium enterprises.
Cyber Insurance Industry Overview By Type
Cyber Insurance Industry Overview By Company Size
Small-Medium Scale Enterprise ($2.7 Million to $1 Billion)
Large Scale Enterprise ($1.4 Billion and above)
Cyber Insurance Industry Overview By End-User Industry
Professional and Business services
Information Technology and services
Cyber Insurance Industry Overview By Region
• Rest of Europe
• Rest of Asia-Pacific
• Latin America
• Middle East & Africa