Global Cyber Insurance Market Size Study & Forecast, by Insurance Type, Coverage Type, Enterprise Size, End-user and Regional Forecasts 2025-2035

June 2025 | 285 pages | ID: G9859084472EEN
Bizwit Research & Consulting LLP

Abstracts

Global Cyber Insurance Market is valued approximately at USD 20.74 billion in 2024 and is anticipated to grow with a robust CAGR of more than 24.50% over the forecast period 2025-2035. As digital transformation races forward across industries, cyber risks are surging in tandem—creating a critical need for comprehensive insurance solutions that go beyond traditional coverage. Cyber Insurance has emerged as a frontline defense in the modern threat landscape, where data breaches, ransomware attacks, and sophisticated phishing schemes are no longer rare anomalies but daily occurrences. Businesses are increasingly recognizing the financial, operational, and reputational implications of cyber incidents, fueling an accelerated shift toward tailored and standalone cyber risk coverage solutions.

The market is being driven by a potent combination of factors: rising frequency and severity of cyberattacks, stricter data privacy regulations globally such as GDPR and CCPA, and the growing digitalization of both front-end customer interactions and back-office infrastructure. Organizations, particularly those handling sensitive data—like financial institutions, healthcare providers, and e-commerce platforms—are compelled to safeguard their digital assets through specialized coverage. Simultaneously, insurance providers are embracing AI-driven risk modeling and cyber threat analytics to enhance underwriting precision and offer policies that address evolving threat vectors. Additionally, the expansion of remote work culture has drastically increased attack surfaces, further amplifying demand for cyber liability solutions.

Regionally, North America leads the cyber insurance market, underpinned by an advanced cyber risk awareness culture, strong regulatory frameworks, and the presence of leading technology adopters. The U.S. has witnessed massive uptake of cyber insurance, especially among SMEs and fintech firms, due to a sharp rise in ransomware attacks and publicized data breaches. Meanwhile, Europe follows closely, driven by GDPR enforcement and rising enterprise security budgets. In contrast, Asia Pacific is poised to grow at the fastest rate over the forecast period. Countries like China, India, and Singapore are investing heavily in cybersecurity infrastructure and awareness, and the burgeoning digital economy in the region presents a vast opportunity for cyber insurers to diversify and expand their policy offerings.

Major market players included in this report are:

• AXA XL
• Allianz Group
• Chubb Limited
• Zurich Insurance Group
• American International Group, Inc. (AIG)
• Munich Re Group
• Beazley Group
• Berkshire Hathaway Inc.
• CNA Financial Corporation
• Tokio Marine HCC
• Liberty Mutual Insurance
• Hiscox Ltd.
• Sompo Holdings, Inc.
• Travelers Companies, Inc.
• Lloyd’s of London

Global Cyber Insurance Market Report Scope:

• Historical Data – 2023, 2024
• Base Year for Estimation – 2024
• Forecast period – 2025-2035
• Report Coverage – Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends
• Regional Scope – North America; Europe; Asia Pacific; Latin America; Middle East & Africa
• Customization Scope – Free report customization (equivalent up to 8 analysts’ working hours) with purchase. Addition or alteration to country, regional & segment scope*

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for the coming years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within the countries involved in the study. The report also provides detailed information about crucial aspects, such as driving factors and challenges, which will define the future growth of the market. Additionally, it incorporates potential opportunities in micro-markets for stakeholders to invest, along with a detailed analysis of the competitive landscape and product offerings of key players. The detailed segments and sub-segments of the market are explained below:

By Insurance Type:

• Standalone
• Tailored

By Coverage Type:

• First-party Coverage
• Liability Coverage

By Enterprise Size:

• Small & Medium Enterprises (SMEs)
• Large Enterprises

By End-user:

• Healthcare
• Retail
• BFSI
• IT & Telecom
• Manufacturing
• Others

By Region:

North America

• U.S.
• Canada

Europe

• UK
• Germany
• France
• Spain
• Italy
• Rest of Europe

Asia Pacific

• China
• India
• Japan
• Australia
• South Korea
• Rest of Asia Pacific

Latin America

• Brazil
• Mexico

Middle East & Africa

• UAE
• Saudi Arabia
• South Africa
• Rest of Middle East & Africa

Key Takeaways:

• Market Estimates & Forecast for 10 years from 2025 to 2035.
• Annualized revenues and regional level analysis for each market segment.
• Detailed analysis of geographical landscape with Country level analysis of major regions.
• Competitive landscape with information on major players in the market.
• Analysis of key business strategies and recommendations on future market approach.
• Analysis of competitive structure of the market.
• Demand side and supply side analysis of the market.

Contents

CHAPTER 1. GLOBAL CYBER INSURANCE MARKET REPORT SCOPE & METHODOLOGY

1.1. Research Objective
1.2. Research Methodology
  1.2.1. Forecast Model
  1.2.2. Desk Research
  1.2.3. Top-Down and Bottom-Up Approach
1.3. Research Attributes
1.4. Scope of the Study
  1.4.1. Market Definition
  1.4.2. Market Segmentation
1.5. Research Assumptions
  1.5.1. Inclusion & Exclusion
  1.5.2. Limitations
  1.5.3. Years Considered for the Study

CHAPTER 2. EXECUTIVE SUMMARY

2.1. CEO/CXO Standpoint
2.2. Strategic Insights
2.3. ESG Analysis
2.4. Key Findings

CHAPTER 3. GLOBAL CYBER INSURANCE MARKET FORCES ANALYSIS

3.1. Market Forces Shaping the Global Cyber Insurance Market (2024–2035)
3.2. Drivers
  3.2.1. Rising Frequency and Severity of Cyberattacks
  3.2.2. Stringent Data Privacy and Regulatory Mandates
3.3. Restraints
  3.3.1. High Premium Costs and Coverage Exclusions
  3.3.2. Limited Cyber Risk Awareness among SMEs
3.4. Opportunities
  3.4.1. Expansion of Digital Transformation and Cloud Adoption
  3.4.2. Growth Potential in Emerging and Under-insured Regions

CHAPTER 4. GLOBAL CYBER INSURANCE INDUSTRY ANALYSIS

4.1. Porter’s Five Forces Model
  4.1.1. Bargaining Power of Buyers
  4.1.2. Bargaining Power of Suppliers
  4.1.3. Threat of New Entrants
  4.1.4. Threat of Substitutes
  4.1.5. Competitive Rivalry
4.2. Porter’s Five Forces Forecast Model (2024–2035)
4.3. PESTEL Analysis
  4.3.1. Political
  4.3.2. Economic
  4.3.3. Social
  4.3.4. Technological
  4.3.5. Environmental
  4.3.6. Legal
4.4. Top Investment Opportunities
4.5. Top Winning Strategies (2025)
4.6. Market Share Analysis (2024–2025)
4.7. Global Pricing Analysis and Trends (2025)
4.8. Analyst Recommendations & Conclusion

CHAPTER 5. GLOBAL CYBER INSURANCE MARKET SIZE & FORECASTS BY INSURANCE TYPE (2025–2035)

5.1. Market Overview
5.2. Global Cyber Insurance Market Performance – Potential Analysis (2025)
5.3. Standalone
  5.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  5.3.2. Market Size Analysis, by Region, 2025–2035
5.4. Tailored
  5.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  5.4.2. Market Size Analysis, by Region, 2025–2035

CHAPTER 6. GLOBAL CYBER INSURANCE MARKET SIZE & FORECASTS BY COVERAGE TYPE (2025–2035)

6.1. Market Overview
6.2. Global Cyber Insurance Market Performance – Potential Analysis (2025)
6.3. First-party Coverage
  6.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  6.3.2. Market Size Analysis, by Region, 2025–2035
6.4. Liability Coverage
  6.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  6.4.2. Market Size Analysis, by Region, 2025–2035

CHAPTER 7. GLOBAL CYBER INSURANCE MARKET SIZE & FORECASTS BY ENTERPRISE SIZE (2025–2035)

7.1. Market Overview
7.2. Global Cyber Insurance Market Performance – Potential Analysis (2025)
7.3. Small & Medium Enterprises (SMEs)
  7.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  7.3.2. Market Size Analysis, by Region, 2025–2035
7.4. Large Enterprises
  7.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  7.4.2. Market Size Analysis, by Region, 2025–2035

CHAPTER 8. GLOBAL CYBER INSURANCE MARKET SIZE & FORECASTS BY END-USER (2025–2035)

8.1. Market Overview
8.2. Global Cyber Insurance Market Performance – Potential Analysis (2025)
8.3. Healthcare
  8.3.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  8.3.2. Market Size Analysis, by Region, 2025–2035
8.4. Retail
  8.4.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  8.4.2. Market Size Analysis, by Region, 2025–2035
8.5. BFSI
  8.5.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  8.5.2. Market Size Analysis, by Region, 2025–2035
8.6. IT & Telecom
  8.6.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  8.6.2. Market Size Analysis, by Region, 2025–2035
8.7. Manufacturing
  8.7.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  8.7.2. Market Size Analysis, by Region, 2025–2035
8.8. Others
  8.8.1. Top Countries Breakdown Estimates & Forecasts, 2024–2035
  8.8.2. Market Size Analysis, by Region, 2025–2035

CHAPTER 9. GLOBAL CYBER INSURANCE MARKET SIZE & FORECASTS BY REGION (2025–2035)

9.1. Regional Market Snapshot
9.2. Top Leading & Emerging Countries
9.3. North America Cyber Insurance Market
  9.3.1. U.S. Cyber Insurance Market
    9.3.1.1. Insurance Type Breakdown Size & Forecasts, 2025–2035
    9.3.1.2. Coverage Type Breakdown Size & Forecasts, 2025–2035
  9.3.2. Canada Cyber Insurance Market
    9.3.2.1. Insurance Type Breakdown Size & Forecasts, 2025–2035
    9.3.2.2. Coverage Type Breakdown Size & Forecasts, 2025–2035
9.4. Europe Cyber Insurance Market
  9.4.1. UK Cyber Insurance Market
    9.4.1.1. …
    9.4.1.2. …
  9.4.2. Germany Cyber Insurance Market
    9.4.2.1. …
    9.4.2.2. …
  9.4.3. France Cyber Insurance Market
    9.4.3.1. …
    9.4.3.2. …
  9.4.4. Spain Cyber Insurance Market
    9.4.4.1. …
    9.4.4.2. …
  9.4.5. Italy Cyber Insurance Market
    9.4.5.1. …
    9.4.5.2. …
  9.4.6. Rest of Europe Cyber Insurance Market
    9.4.6.1. …
    9.4.6.2. …
9.5. Asia Pacific Cyber Insurance Market
  9.5.1. China Cyber Insurance Market
    9.5.1.1. …
    9.5.1.2. …
  9.5.2. India Cyber Insurance Market
    9.5.2.1. …
    9.5.2.2. …
  9.5.3. Japan Cyber Insurance Market
    9.5.3.1. …
    9.5.3.2. …
  9.5.4. Australia Cyber Insurance Market
    9.5.4.1. …
    9.5.4.2. …
  9.5.5. South Korea Cyber Insurance Market
    9.5.5.1. …
    9.5.5.2. …
  9.5.6. Rest of Asia Pacific Cyber Insurance Market
    9.5.6.1. …
    9.5.6.2. …
9.6. Latin America Cyber Insurance Market
  9.6.1. Brazil Cyber Insurance Market
    9.6.1.1. …
    9.6.1.2. …
  9.6.2. Mexico Cyber Insurance Market
    9.6.2.1. …
    9.6.2.2. …
9.7. Middle East & Africa Cyber Insurance Market
  9.7.1. UAE Cyber Insurance Market
    9.7.1.1. …
    9.7.1.2. …
  9.7.2. Saudi Arabia Cyber Insurance Market
    9.7.2.1. …
    9.7.2.2. …
  9.7.3. South Africa Cyber Insurance Market
    9.7.3.1. …
    9.7.3.2. …
  9.7.4. Rest of Middle East & Africa Cyber Insurance Market
    9.7.4.1. …
    9.7.4.2. …

CHAPTER 10. COMPETITIVE INTELLIGENCE

10.1. Top Market Strategies
10.2. AXA XL
  10.2.1. Company Overview
  10.2.2. Key Executives
  10.2.3. Company Snapshot
  10.2.4. Financial Performance (Subject to Data Availability)
  10.2.5. Product/Services Portfolio
  10.2.6. Recent Development
  10.2.7. Market Strategies
  10.2.8. SWOT Analysis
10.3. Allianz Group
10.4. Chubb Limited
10.5. Zurich Insurance Group
10.6. American International Group, Inc. (AIG)
10.7. Munich Re Group
10.8. Beazley Group
10.9. Berkshire Hathaway Inc.
10.10. CNA Financial Corporation
10.11. Tokio Marine HCC
10.12. Liberty Mutual Insurance
10.13. Hiscox Ltd.
10.14. Sompo Holdings, Inc.
10.15. Travelers Companies, Inc.
10.16. Lloyd’s of London

List Of Tables

LIST OF TABLES

Table 1. Global Cyber Insurance Market, Report Scope
Table 2. Global Cyber Insurance Market Estimates & Forecasts By Region, 2024–2035
Table 3. Global Cyber Insurance Market Estimates & Forecasts By Insurance Type, 2024–2035
Table 4. Global Cyber Insurance Market Estimates & Forecasts By Coverage Type, 2024–2035
Table 5. Global Cyber Insurance Market Estimates & Forecasts By Enterprise Size, 2024–2035
Table 6. Global Cyber Insurance Market Estimates & Forecasts By End-user, 2024–2035
Table 7. U.S. Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 8. Canada Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 9. UK Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 10. Germany Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 11. France Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 12. Spain Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 13. Italy Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 14. Rest of Europe Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 15. China Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 16. India Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 17. Japan Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 18. Australia Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 19. South Korea Cyber Insurance Market Estimates & Forecasts, 2024–2035
Table 20. Brazil Cyber Insurance Market Estimates & Forecasts, 2024–2035

List Of Figures

LIST OF FIGURES

Fig 1. Global Cyber Insurance Market, Research Methodology
Fig 2. Global Cyber Insurance Market, Market Estimation Techniques
Fig 3. Global Market Size Estimates & Forecast Methods
Fig 4. Global Cyber Insurance Market, Key Trends (2025)
Fig 5. Global Cyber Insurance Market, Growth Prospects (2024–2035)
Fig 6. Global Cyber Insurance Market, Porter’s Five Forces Model
Fig 7. Global Cyber Insurance Market, PESTEL Analysis
Fig 8. Global Cyber Insurance Market, Value Chain Analysis
Fig 9. Cyber Insurance Market by Insurance Type, 2025 & 2035
Fig 10. Cyber Insurance Market by Coverage Type, 2025 & 2035
Fig 11. Cyber Insurance Market by Enterprise Size, 2025 & 2035
Fig 12. Cyber Insurance Market by End-user, 2025 & 2035
Fig 13. North America Cyber Insurance Market, 2025 & 2035
Fig 14. Europe Cyber Insurance Market, 2025 & 2035
Fig 15. Asia Pacific Cyber Insurance Market, 2025 & 2035
Fig 16. Latin America Cyber Insurance Market, 2025 & 2035
Fig 17. Middle East & Africa Cyber Insurance Market, 2025 & 2035
Fig 18. Global Cyber Insurance Market, Company Market Share Analysis (2025)