Cybersecurity Insurance Market Insights 2025, Analysis and Forecast to 2030, by Manufacturers, Regions, Technology, Application, Product Type
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Introduction
Cybersecurity insurance provides financial protection against cyber threats, covering data breaches, ransomware, and business interruptions. It serves small and medium enterprises (SMEs) and large enterprises, offering first-party coverage, third-party liability, and bundled/hybrid policies. The global rise in cyberattacks, with over 2.6 billion personal records exposed in 2023, drives demand for cybersecurity insurance. Increasing regulatory requirements and digital transformation across industries further fuel market growth, addressing the need for robust risk management in an interconnected world.
Market Size and Growth Forecast
The global cybersecurity insurance market is projected to reach between USD 10.0 billion and USD 15.0 billion in 2025, with a compound annual growth rate (CAGR) of 10% to 16% through 2030, reflecting growing cyber risks and insurance adoption.
Regional Analysis
North America: The U.S. dominates due to high cyberattack prevalence and regulatory compliance needs. Canada emphasizes data protection.
Europe: Germany, France, and the UK lead, driven by GDPR and cybersecurity regulations.
Asia Pacific: China and India see rapid growth due to digital transformation. Japan focuses on enterprise security.
Rest of the World: Brazil invests in cyber risk management, while the Middle East, particularly the UAE, adopts advanced insurance solutions.
Application Analysis
Small and Medium Enterprises (SMEs): Expected growth of 10.5-16.5%, driven by increasing cyber vulnerabilities. Trends focus on affordable policies.
Large Enterprises: Projected growth of 10.0-15.5%, linked to complex IT infrastructures. Developments emphasize comprehensive coverage.
Type Analysis
First-party Coverage: Expected growth of 10.5-16.5%, valued for covering direct losses. Trends highlight ransomware protection.
Third-party Liability: Projected growth of 10.0-15.5%, key for legal liabilities. Advances focus on regulatory compliance.
Bundled/Hybrid: Anticipated growth of 9.8-15.0%, offering combined coverage. Developments prioritize flexibility.
Key Market Players
Leading firms include Chubb, offering comprehensive policies; AIG, advancing cyber risk solutions; Beazley, specializing in data breach coverage; Mitratech, enhancing compliance tools; RedSeal, improving risk assessment; AXA XL, focusing on enterprise solutions; Travelers, supporting SMEs; Bitsight, advancing risk analytics; AttackIQ, innovating in threat simulation; SecurityScorecard, prioritizing risk scoring; Cisco, integrating cybersecurity tools; Microsoft, enhancing cloud security; UpGuard, focusing on vendor risk; Check Point, advancing threat prevention; and SentinelOne, improving endpoint security. These companies drive growth through innovation and global expansion.
Porter's Five Forces Analysis
Threat of New Entrants: Moderate, due to high expertise and regulatory requirements, though niche players can enter with specialized offerings.
Threat of Substitutes: Low, as cybersecurity insurance is critical for risk mitigation with few alternatives.
Bargaining Power of Buyers: Moderate, with enterprises seeking tailored, cost-effective policies.
Bargaining Power of Suppliers: Low, due to multiple technology and service providers.
Competitive Rivalry: High, with firms competing on coverage scope, pricing, and risk assessment tools.
Market Opportunities and Challenges
Opportunities:
Over 2.6 billion personal records exposed in 2023 highlight the need for cyber insurance.
Innovations like Chubb’s cyber risk platforms enhance coverage efficiency.
Growing digital transformation in Asia Pacific offers growth potential.
Challenges:
High policy costs limit adoption among SMEs.
Complex regulatory requirements for cyber insurance delay market entry.
Limited awareness in emerging markets slows penetration.
Chapter 1 Executive Summary
Chapter 2 Abbreviation and Acronyms
Chapter 3 Preface
3.1 Research Scope
3.2 Research Sources
3.2.1 Data Sources
3.2.2 Assumptions
3.3 Research Method
Chapter 4 Market Landscape
4.1 Market Overview
4.2 Classification/Types
4.3 Application/End Users
Chapter 5 Market Trend Analysis
5.1 Introduction
5.2 Drivers
5.3 Restraints
5.4 Opportunities
5.5 Threats
Chapter 6 Industry Chain Analysis
6.1 Upstream/Suppliers Analysis
6.2 Cybersecurity Insurance Analysis
6.2.1 Technology Analysis
6.2.2 Cost Analysis
6.2.3 Market Channel Analysis
6.3 Downstream Buyers/End Users
Chapter 7 Latest Market Dynamics
7.1 Latest News
7.2 Merger and Acquisition
7.3 Planned/Future Project
7.4 Policy Dynamics
Chapter 8 Historical and Forecast Cybersecurity Insurance Market in North America (2020-2030)
8.1 Cybersecurity Insurance Market Size
8.2 Cybersecurity Insurance Market by End Use
8.3 Competition by Players/Suppliers
8.4 Cybersecurity Insurance Market Size by Type
8.5 Key Countries Analysis
8.5.1 United States
8.5.2 Canada
8.5.3 Mexico
Chapter 9 Historical and Forecast Cybersecurity Insurance Market in South America (2020-2030)
9.1 Cybersecurity Insurance Market Size
9.2 Cybersecurity Insurance Market by End Use
9.3 Competition by Players/Suppliers
9.4 Cybersecurity Insurance Market Size by Type
9.5 Key Countries Analysis
9.5.1 Brazil
9.5.2 Argentina
9.5.3 Chile
9.5.4 Peru
Chapter 10 Historical and Forecast Cybersecurity Insurance Market in Asia & Pacific (2020-2030)
10.1 Cybersecurity Insurance Market Size
10.2 Cybersecurity Insurance Market by End Use
10.3 Competition by Players/Suppliers
10.4 Cybersecurity Insurance Market Size by Type
10.5 Key Countries Analysis
10.5.1 China
10.5.2 India
10.5.3 Japan
10.5.4 South Korea
10.5.5 Southest Asia
10.5.6 Australia
Chapter 11 Historical and Forecast Cybersecurity Insurance Market in Europe (2020-2030)
11.1 Cybersecurity Insurance Market Size
11.2 Cybersecurity Insurance Market by End Use
11.3 Competition by Players/Suppliers
11.4 Cybersecurity Insurance Market Size by Type
11.5 Key Countries Analysis
11.5.1 Germany
11.5.2 France
11.5.3 United Kingdom
11.5.4 Italy
11.5.5 Spain
11.5.6 Belgium
11.5.7 Netherlands
11.5.8 Austria
11.5.9 Poland
11.5.10 Russia
Chapter 12 Historical and Forecast Cybersecurity Insurance Market in MEA (2020-2030)
12.1 Cybersecurity Insurance Market Size
12.2 Cybersecurity Insurance Market by End Use
12.3 Competition by Players/Suppliers
12.4 Cybersecurity Insurance Market Size by Type
12.5 Key Countries Analysis
12.5.1 Egypt
12.5.2 Israel
12.5.3 South Africa
12.5.4 Gulf Cooperation Council Countries
12.5.5 Turkey
Chapter 13 Summary For Global Cybersecurity Insurance Market (2020-2025)
13.1 Cybersecurity Insurance Market Size
13.2 Cybersecurity Insurance Market by End Use
13.3 Competition by Players/Suppliers
13.4 Cybersecurity Insurance Market Size by Type
Chapter 14 Global Cybersecurity Insurance Market Forecast (2025-2030)
14.1 Cybersecurity Insurance Market Size Forecast
14.2 Cybersecurity Insurance Application Forecast
14.3 Competition by Players/Suppliers
14.4 Cybersecurity Insurance Type Forecast
Chapter 15 Analysis of Global Key Vendors
15.1 Chubb
15.1.1 Company Profile
15.1.2 Main Business and Cybersecurity Insurance Information
15.1.3 SWOT Analysis of Chubb
15.1.4 Chubb Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
15.2 AIG
15.2.1 Company Profile
15.2.2 Main Business and Cybersecurity Insurance Information
15.2.3 SWOT Analysis of AIG
15.2.4 AIG Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
15.3 Beazley
15.3.1 Company Profile
15.3.2 Main Business and Cybersecurity Insurance Information
15.3.3 SWOT Analysis of Beazley
15.3.4 Beazley Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
15.4 Mitratech
15.4.1 Company Profile
15.4.2 Main Business and Cybersecurity Insurance Information
15.4.3 SWOT Analysis of Mitratech
15.4.4 Mitratech Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
15.5 RedSeal
15.5.1 Company Profile
15.5.2 Main Business and Cybersecurity Insurance Information
15.5.3 SWOT Analysis of RedSeal
15.5.4 RedSeal Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
15.6 AXA AL
15.6.1 Company Profile
15.6.2 Main Business and Cybersecurity Insurance Information
15.6.3 SWOT Analysis of AXA AL
15.6.4 AXA AL Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
15.7 Travelers
15.7.1 Company Profile
15.7.2 Main Business and Cybersecurity Insurance Information
15.7.3 SWOT Analysis of Travelers
15.7.4 Travelers Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
15.8 Bitsight
15.8.1 Company Profile
15.8.2 Main Business and Cybersecurity Insurance Information
15.8.3 SWOT Analysis of Bitsight
15.8.4 Bitsight Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
15.9 AttacklQ
15.9.1 Company Profile
15.9.2 Main Business and Cybersecurity Insurance Information
15.9.3 SWOT Analysis of AttacklQ
15.9.4 AttacklQ Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
15.10 SecurityScorecard
15.10.1 Company Profile
15.10.2 Main Business and Cybersecurity Insurance Information
15.10.3 SWOT Analysis of SecurityScorecard
15.10.4 SecurityScorecard Cybersecurity Insurance Sales, Revenue, Price and Gross Margin (2020-2025)
Please ask for sample pages for full companies list
Table Research Scope Of Cybersecurity Insurance Report
Table Data Sources Of Cybersecurity Insurance Report
Table Major Assumptions Of Cybersecurity Insurance Report
Table Cybersecurity Insurance Classification
Table Cybersecurity Insurance Applications
Table Drivers Of Cybersecurity Insurance Market
Table Restraints Of Cybersecurity Insurance Market
Table Opportunities Of Cybersecurity Insurance Market
Table Threats Of Cybersecurity Insurance Market
Table Raw Materials Suppliers
Table Different Production Methods Of Cybersecurity Insurance
Table Cost Structure Analysis Of Cybersecurity Insurance
Table Key End Users
Table Latest News Of Cybersecurity Insurance Market
Table Merger And Acquisition
Table Planned/Future Project Of Cybersecurity Insurance Market
Table Policy Of Cybersecurity Insurance Market
Table 2020-2030 North America Cybersecurity Insurance Market Size
Table 2020-2030 North America Cybersecurity Insurance Market Size By Application
Table 2020-2025 North America Cybersecurity Insurance Key Players Revenue
Table 2020-2025 North America Cybersecurity Insurance Key Players Market Share
Table 2020-2030 North America Cybersecurity Insurance Market Size By Type
Table 2020-2030 United States Cybersecurity Insurance Market Size
Table 2020-2030 Canada Cybersecurity Insurance Market Size
Table 2020-2030 Mexico Cybersecurity Insurance Market Size
Table 2020-2030 South America Cybersecurity Insurance Market Size
Table 2020-2030 South America Cybersecurity Insurance Market Size By Application
Table 2020-2025 South America Cybersecurity Insurance Key Players Revenue
Table 2020-2025 South America Cybersecurity Insurance Key Players Market Share
Table 2020-2030 South America Cybersecurity Insurance Market Size By Type
Table 2020-2030 Brazil Cybersecurity Insurance Market Size
Table 2020-2030 Argentina Cybersecurity Insurance Market Size
Table 2020-2030 Chile Cybersecurity Insurance Market Size
Table 2020-2030 Peru Cybersecurity Insurance Market Size
Table 2020-2030 Asia & Pacific Cybersecurity Insurance Market Size
Table 2020-2030 Asia & Pacific Cybersecurity Insurance Market Size By Application
Table 2020-2025 Asia & Pacific Cybersecurity Insurance Key Players Revenue
Table 2020-2025 Asia & Pacific Cybersecurity Insurance Key Players Market Share
Table 2020-2030 Asia & Pacific Cybersecurity Insurance Market Size By Type
Table 2020-2030 China Cybersecurity Insurance Market Size
Table 2020-2030 India Cybersecurity Insurance Market Size
Table 2020-2030 Japan Cybersecurity Insurance Market Size
Table 2020-2030 South Korea Cybersecurity Insurance Market Size
Table 2020-2030 Southeast Asia Cybersecurity Insurance Market Size
Table 2020-2030 Australia Cybersecurity Insurance Market Size
Table 2020-2030 Europe Cybersecurity Insurance Market Size
Table 2020-2030 Europe Cybersecurity Insurance Market Size By Application
Table 2020-2025 Europe Cybersecurity Insurance Key Players Revenue
Table 2020-2025 Europe Cybersecurity Insurance Key Players Market Share
Table 2020-2030 Europe Cybersecurity Insurance Market Size By Type
Table 2020-2030 Germany Cybersecurity Insurance Market Size
Table 2020-2030 France Cybersecurity Insurance Market Size
Table 2020-2030 United Kingdom Cybersecurity Insurance Market Size
Table 2020-2030 Italy Cybersecurity Insurance Market Size
Table 2020-2030 Spain Cybersecurity Insurance Market Size
Table 2020-2030 Belgium Cybersecurity Insurance Market Size
Table 2020-2030 Netherlands Cybersecurity Insurance Market Size
Table 2020-2030 Austria Cybersecurity Insurance Market Size
Table 2020-2030 Poland Cybersecurity Insurance Market Size
Table 2020-2030 Russia Cybersecurity Insurance Market Size
Table 2020-2030 Mea Cybersecurity Insurance Market Size
Table 2020-2030 Mea Cybersecurity Insurance Market Size By Application
Table 2020-2025 Mea Cybersecurity Insurance Key Players Revenue
Table 2020-2025 Mea Cybersecurity Insurance Key Players Market Share
Table 2020-2030 Mea Cybersecurity Insurance Market Size By Type
Table 2020-2030 Egypt Cybersecurity Insurance Market Size
Table 2020-2030 Israel Cybersecurity Insurance Market Size
Table 2020-2030 South Africa Cybersecurity Insurance Market Size
Table 2020-2030 Gulf Cooperation Council Countries Cybersecurity Insurance Market Size
Table 2020-2030 Turkey Cybersecurity Insurance Market Size
Table 2020-2025 Global Cybersecurity Insurance Market Size By Region
Table 2020-2025 Global Cybersecurity Insurance Market Size Share By Region
Table 2020-2025 Global Cybersecurity Insurance Market Size By Application
Table 2020-2025 Global Cybersecurity Insurance Market Share By Application
Table 2020-2025 Global Cybersecurity Insurance Key Vendors Revenue
Table 2020-2025 Global Cybersecurity Insurance Key Vendors Market Share
Table 2020-2025 Global Cybersecurity Insurance Market Size By Type
Table 2020-2025 Global Cybersecurity Insurance Market Share By Type
Table 2025-2030 Global Cybersecurity Insurance Market Size By Region
Table 2025-2030 Global Cybersecurity Insurance Market Size Share By Region
Table 2025-2030 Global Cybersecurity Insurance Market Size By Application
Table 2025-2030 Global Cybersecurity Insurance Market Share By Application
Table 2025-2030 Global Cybersecurity Insurance Key Vendors Revenue
Table 2025-2030 Global Cybersecurity Insurance Key Vendors Market Share
Table 2025-2030 Global Cybersecurity Insurance Market Size By Type
Table 2025-2030 Cybersecurity Insurance Global Market Share By Type
Figure Market Size Estimated Method
Figure Major Forecasting Factors
Figure Cybersecurity Insurance Picture
Figure 2020-2030 North America Cybersecurity Insurance Market Size And Cagr
Figure 2020-2030 South America Cybersecurity Insurance Market Size And Cagr
Figure 2020-2030 Asia & Pacific Cybersecurity Insurance Market Size And Cagr
Figure 2020-2030 Europe Cybersecurity Insurance Market Size And Cagr
Figure 2020-2030 Mea Cybersecurity Insurance Market Size And Cagr
Figure 2020-2025 Global Cybersecurity Insurance Market Size And Growth Rate
Figure 2025-2030 Global Cybersecurity Insurance Market Size And Growth Rate
Research Methodology
- Market Estimated Methodology:
Bottom-up & top-down approach, supply & demand approach are the most important method which is used by HDIN Research to estimate the market size.
1)Top-down & Bottom-up Approach
Top-down approach uses a general market size figure and determines the percentage that the objective market represents.
Bottom-up approach size the objective market by collecting the sub-segment information.
2)Supply & Demand Approach
Supply approach is based on assessments of the size of each competitor supplying the objective market.
Demand approach combine end-user data within a market to estimate the objective market size. It is sometimes referred to as bottom-up approach.
- Forecasting Methodology
- Numerous factors impacting the market trend are considered for forecast model:
- New technology and application in the future;
- New project planned/under contraction;
- Global and regional underlying economic growth;
- Threatens of substitute products;
- Industry expert opinion;
- Policy and Society implication.
- Analysis Tools
1)PEST Analysis
PEST Analysis is a simple and widely used tool that helps our client analyze the Political, Economic, Socio-Cultural, and Technological changes in their business environment.
- Benefits of a PEST analysis:
- It helps you to spot business opportunities, and it gives you advanced warning of significant threats.
- It reveals the direction of change within your business environment. This helps you shape what you’re doing, so that you work with change, rather than against it.
- It helps you avoid starting projects that are likely to fail, for reasons beyond your control.
- It can help you break free of unconscious assumptions when you enter a new country, region, or market; because it helps you develop an objective view of this new environment.
2)Porter’s Five Force Model Analysis
The Porter’s Five Force Model is a tool that can be used to analyze the opportunities and overall competitive advantage. The five forces that can assist in determining the competitive intensity and potential attractiveness within a specific area.
- Threat of New Entrants: Profitable industries that yield high returns will attract new firms.
- Threat of Substitutes: A substitute product uses a different technology to try to solve the same economic need.
- Bargaining Power of Customers: the ability of customers to put the firm under pressure, which also affects the customer's sensitivity to price changes.
- Bargaining Power of Suppliers: Suppliers of raw materials, components, labor, and services (such as expertise) to the firm can be a source of power over the firm when there are few substitutes.
- Competitive Rivalry: For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry.
3)Value Chain Analysis
Value chain analysis is a tool to identify activities, within and around the firm and relating these activities to an assessment of competitive strength. Value chain can be analyzed by primary activities and supportive activities. Primary activities include: inbound logistics, operations, outbound logistics, marketing & sales, service. Support activities include: technology development, human resource management, management, finance, legal, planning.
4)SWOT Analysis
SWOT analysis is a tool used to evaluate a company's competitive position by identifying its strengths, weaknesses, opportunities and threats. The strengths and weakness is the inner factor; the opportunities and threats are the external factor. By analyzing the inner and external factors, the analysis can provide the detail information of the position of a player and the characteristics of the industry.
- Strengths describe what the player excels at and separates it from the competition
- Weaknesses stop the player from performing at its optimum level.
- Opportunities refer to favorable external factors that the player can use to give it a competitive advantage.
- Threats refer to factors that have the potential to harm the player.
- Data Sources
Primary Sources | Secondary Sources |
---|---|
Face to face/Phone Interviews with market participants, such as: Manufactures; Distributors; End-users; Experts. Online Survey |
Government/International Organization Data: Annual Report/Presentation/Fact Book Internet Source Information Industry Association Data Free/Purchased Database Market Research Report Book/Journal/News |