Global Cyber Security Insurance Market Is Growing at a CAGR of 26.6% and Expected to Reach USD 35.07 Billion by 2026 from USD 4.19 Billion in 2017
Lewes, DE -- (SBWire) -- 05/09/2019 --The Global Cyber Security Insurance market is accounted for $4.19 billion in 2017 and is expected to reach $35.07 billion by 2026 growing at a CAGR of 26.6%. Some of the factors influencing the market growth are growing adoption of cloud solutions and increase in cyber data breaches. However, high costs and difficulties in implementing cyber insurance are hindering the growth of the market.
Based on the end user, the healthcare segment commanded significant market growth during the predicted period due to data proliferation. By geography, North America is anticipated to dominate the global market. In the US the growth is anticipated due to the large presence of cyber security insurance vendors.
Some of the key players in the Cyber Security Insurance market include Aon plc, Zurich Insurance Company, Berkshire Hathaway, Allianz, Lockton Companies LLP, Munich Re, and Beazley plc.
Organization Sizes Covered:
- Large Enterprises
- Small and Medium Enterprises (SMEs)
End Users Covered:
- IT and Telecom
- Banking, Financial Services and Insurance (BFSI)
- Manufacturing
- Retail
- Healthcare
- Education
- Travel and Hospitality
- Government
- Other End Users
Regions Covered:
- North America
US
Canada
Mexico
- Europe
Germany
UK
Italy
France
Spain
Rest of Europe
- Asia Pacific
Japan
China
India
Australia
New Zealand
South Korea
Rest of Asia Pacific
- South America
Argentina
Brazil
Chile
Rest of South America
- Middle East & Africa
Saudi Arabia
UAE
Qatar
South Africa
Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 9 years of all the mentioned segments, sub-segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic analysis: Drivers and Constraints, Product/Technology Analysis, Porter's five forces analysis, SWOT analysis etc.
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Spanning over 176 pages "Cyber Security Insurance - Global Market Outlook (2017-2026)" report covers Executive Summary, Preface, Market Trend Analysis, Porters Five Force Analysis, Global Cyber Security Insurance Market, By Organization Size, Global Cyber Security Insurance Market, By End User, Global Cyber Security Insurance Market, By Geography, Key Developments, Company Profiling.
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