Global Cyber Security Insurance Market is estimated to be valued at USD 19.35 Bn in 2025 and is expected to reach USD 71.44 Bn by 2032, growing at a compound annual growth rate (CAGR) of 20.5% from 2025 to 2032.
Report Coverage
Report Details
Base Year:
2024
Market Size in 2025:
USD 19.35 Bn
Historical Data for:
2020 To 2024
Forecast Period:
2025 To 2032
Forecast Period 2025 to 2032 CAGR:
20.50%
2032 Value Projection:
USD 71.44 Bn
Figure. Cyber Security Insurance Market Share (%), By Region 2025
Report Description:
The rapid rise in cyber threats has posed significant challenges for businesses globally. As cyberattacks continue to grow in frequency and scale, organizations are allocating greater resources to strengthen their security posture and protect against financial and reputational risks. This has boosted demand for cybersecurity insurance which helps businesses transfer some risks to insurers. Cybersecurity insurance provides coverage for costs associated with data breaches, network disruptions, ransomware attacks, and litigation arising from privacy law violations. It assists organizations in managing risks, containing impacts, and ensuring business continuity in the wake of a cyberattack.
Market Dynamics:
Growing instances of sophisticated cyberattacks targeting sensitive data and critical infrastructure is a key driver propelling the cybersecurity insurance market. According to reports, cybercrime costs are projected to surpass US$ 10 trillion annually by 2025. Insurers are recognizing this threat and leveraging their expertise to assist businesses. However, the lack of standardized policy definitions and accurately assessing emerging risks pose challenges for underwriting practices. Insurers are investing in expert teams to stay abreast of the evolving threat landscape. Meanwhile, increasing government mandates for data protection are creating demand for compliant policies. This is an opportunity for insurers to innovate covers catering to industry specific requirements.
Key features of the study:
This report provides in-depth analysis of the global cybersecurity insurance market, and provides market size (US$ Billion) and compound annual growth rate (CAGR %) for the forecast period (2025-2032), considering 2024 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global cybersecurity insurance market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include BitSight, Prevalent, RedSeal, SecurityScorecard, Cyber Indemnity Solutions, Allianz, AIG, Aon, Arthur J. Gallagher & Co, Travelers Insurance, AXA XL, Axis, Chubb, Travelers Indemnity Company, American International Group, Inc., Beazley Group, CNA Financial Corporation, AXIS Capital Holdings Limited, BCS Financial Corporation, Zurich Insurance, and The Hanover Insurance, Inc.
The global cybersecurity insurance market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global cybersecurity insurance market.
Market Segmentation
By Insurance Type
Standalone
Tailored
By Coverage Type
First-party
Liability Coverage
By Enterprise Size
SMEs
Large Enterprise
By End user
Healthcare
Retail
BFSI
IT & Telecom
Manufacturing
Others (Government, Travel & Tourism)
By Regional
North America
Latin America
Europe
Asia Pacific
Middle East & Africa
Key Players Insights
BitSight
Prevalent
RedSeal
SecurityScorecard
Cyber Indemnity Solutions
Allianz
AIG
Aon
Arthur J. Gallagher & Co
Travelers Insurance
AXA XL
Axis
Chubb
Travelers Indemnity Company
American International Group, Inc.
Beazley Group
CNA Financial Corporation
AXIS Capital Holdings Limited
BCS Financial Corporation
Zurich Insurance
The Hanover Insurance, Inc.
Table of Contents
1. Research Objectives and Assumptions
Research Objectives
Assumptions
Abbreviations
2. Market Purview
Report Description
Market Definition and Scope
Executive Summary
Market Snippet, By Insurance Type
Market Snippet, By Coverage Type
Market Snippet, By Enterprise Size
Market Snippet, By End user
Market Snippet, By Region
Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
Market Dynamics
Drivers
Restraints
Opportunities
Regulatory Scenario
Industry Trend
Merger and Acquisitions
New system Launch/Approvals
Impact of the COVID-19 Pandemic
4. Global Cybersecurity Insurance Market, By Insurance Type, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Standalone
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Tailored
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
5. Global Cybersecurity Insurance Market, By Coverage Type, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
First-party
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Liability Coverage
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
6. Global Cybersecurity Insurance Market, By Enterprise Size, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
SMEs
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Large Enterprise
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
7. Global Cybersecurity Insurance Market, By End user, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
Segment Trends
Healthcare
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Retail
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
BFSI
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
IT & Telecom
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Manufacturing
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
Others (Government, Travel & Tourism)
Introduction
Market Size and Forecast, 2020-2032, (US$ Billion)
8. Global Cybersecurity Insurance Market, By Region, 2020-2032 (US$ Billion)
Introduction
Market Share Analysis, By Region, 2025 and 2032 (%)
Y-o-Y Growth Analysis, 2021-2032
North America
Regional Trends
Market Size and Forecast, By Insurance Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Coverage Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Enterprise Size, 2020-2032 (US$ Billion)
Market Size and Forecast, By End user, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)
U.S.
Canada
Europe
Regional Trends
Market Size and Forecast, By Insurance Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Coverage Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Enterprise Size, 2020-2032 (US$ Billion)
Market Size and Forecast, By End user, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)
U.K.
Germany
Italy
France
Russia
Rest of Europe
Asia Pacific
Regional Trends
Market Size and Forecast, By Insurance Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Coverage Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Enterprise Size, 2020-2032 (US$ Billion)
Market Size and Forecast, By End user, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)
China
India
ASEAN
Australia
South Korea
Japan
Rest of Asia Pacific
Latin America
Regional Trends
Market Size and Forecast, By Insurance Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Coverage Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Enterprise Size, 2020-2032 (US$ Billion)
Market Size and Forecast, By End user, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)
Brazil
Argentina
Mexico
Rest of Latin America
Middle East and Africa
Regional Trends
Market Size and Forecast, By Insurance Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Coverage Type, 2020-2032 (US$ Billion)
Market Size and Forecast, By Enterprise Size, 2020-2032 (US$ Billion)
Market Size and Forecast, By End user, 2020-2032 (US$ Billion)
Market Share Analysis, By Country, 2020 and 2032 (%)