Cyber Insurance Market Scope, Growth, Size and Share by 2031
Cyber Insurance Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ 13.83 Billion |
Market Size by 2031 | US$ 55.48 Billion |
Global CAGR (2023 - 2031) | 18.9% |
Historical Data | 2021-2023 |
Forecast period | 2023-2031 |
Segments Covered |
By Component
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
The "Cyber Insurance Market Analysis" was carried out based on core investment strategies and geography. In terms of type, the market is segmented into standalone and packaged. Based on geography, the market is segmented into North America, Europe, Asia Pacific, the Middle East & Africa, and South America.
Cyber Insurance
Market News and Recent Developments
Companies adopt inorganic and organic strategies such as mergers and acquisitions in the Cyber Insurance market. A few recent key market developments are listed below:
- In February 2023, Munich Re Specialty Insurance (MRSI) announced the launch of Reflex, a tailored cyber risk management program. Reflex is a white-glove program run by a team of Munich Re program specialists. Insured individuals will have guided access to services customized to their changing requirements. A team of industry professionals in privacy, network security, and cyber training and awareness delivers program services.
[Source: Munich Re, Company Website]
Cyber Insurance
Market Report Coverage & Deliverables
The market report "Cyber Insurance Market Size and Forecast (2021–2031)" provides a detailed analysis of the market covering below areas-
- Market size & forecast at global, regional, and country levels for all the key market segments covered under the scope.
- Market dynamics such as drivers, restraints, and key opportunities.
- Key future trends.
- Detailed PEST & SWOT analysis
- Global and regional market analysis covering key market trends, key players, regulations, and recent market developments.
- Industry landscape and competition analysis covering market concentration, heat map analysis, key players, and recent developments.
- Detailed company profiles.