Global Cyber Insurance Market Size is Expected to Reach USD 14 Billion With a CAGR of 28% During 2016 - 2022 Forecast Period - Valuates Report

BANGALORE, India, Nov. 25, 2019 /PRNewswire/ --

Global Cyber Insurance Market Analysis :

Despite comprehensive cybersecurity measures being introduced to prevent and mitigate cyber-attacks, losses arising from security breaches continue to affect organizations profit margins.

Increasing awareness of cyber risk among high-ranking executives and cyber-related losses are driving market growth. It is also likely that the introduction of data security regulations in emerging nations will drive the market as well. Cyber insurance and reinsurance companies took this opportunity to achieve high margins. 

The size of the cyber insurance market is anticipated to attract $14 billion by 2022, showing a 28 per cent CAGR during the 2016-2022 forecast period. 

Inquire For Sample @ https://reports.valuates.com/request/sample/ALLI-Auto-2W77/Cyber_Insurance_Market

The cyber insurance market is segmented on the basis of company size, sector, and geography. Companies are classified as very small ($2.5 million to $99 million), small ($100 million to $299 million), medium-sized ($300 million to $1 billion) and large ($1.1 billion and above) companies. Large companies, among others, pay higher premiums for cyber-liability plans. Various verticals of the industry covered in this study include healthcare, retail, financial services, IT & services, and others (business, energy, education, government, manufacturing).

Due to the rapidly increasing incidence of cybercrimes, digital fraud, threats and data breaches, the Internet and online risk management has become one of the top priorities for businesses.

View Full Report @

https://reports.valuates.com/market-reports/ALLI-Auto-2W77/cyber-insurance-market

Trends Influencing Cyber Insurance Market Share

• Increasing number of cyberattacks
• Rising cyber awareness among high-ranking executives.

Region Wise Cyber Insurance Market Analysis

• While the Asia-Pacific cyber insurance market is in its infancy, growth in awareness of cyber risk along with the implementation of data breach legislation drives the Asia-Pacific market.
• Data breach legislation laws have already been adopted by South Korea and Australia, while other countries such as China, India, Malaysia, and Indonesia are currently preparing suitable bills. This is expected to lead to an increase in demand for cyber insurance policies.
• Asian countries rising prominence in the global economy has drawn the government's attention and pressured these emerging economies to strengthen their cybersecurity. This allowed cyber insurance providers to potentially take advantage of the opportunity by providing risk plans and selling cyber services to improve industry protection strategies.
• The demand in North America accounted for the largest share of revenue in 2018. The region's growth can be attributed to the presence of leading players 

Inquire For Regional/Country @ https://reports.valuates.com/request/regional/ALLI-Auto-2W77/Cyber_Insurance_Market

Potential Benefits for Stakeholders

• The report provides a competitive scenario of the market with current and future growth trends, structure, driving factors, scope, opportunities, and challenges.
• The report includes an analysis of the various market segments to provide insights on the dynamics.
• Porter's Five Forces analysis highlights the potential of buyers and suppliers to devise effective growth strategies and facilitate better decision-making.
• Value chain analysis provides key inputs on the role of stakeholders involved at various stages of the value chain.

Cyber Insurance Market Segmentation

The global cyber insurance market is segmented by company size, industry verticals, and geography.

BY COMPANY SIZE

• Very Small companies ($2.5 Million to $99 Million)
• Small-sized companies ($100 Million to $299 Million)
• Medium-sized companies ($300 Million to $ 1Billion)
• Large companies ($1.1 Billion and Above)

BY INDUSTRY VERTICAL

• Healthcare
• Retail
• Financial Services (BFSI)
• Information Technology and ServicesOthers (Utilities, Energy, Manufacturing, Construction, and Transportation)

BY GEOGRAPHY

• North America
• U.S.
• Rest of North America
• Europe
• UK
• Germany
• France
• Rest of Europe
• Asia-Pacific
• Australia
• Singapore
• South Korea
• Japan
• Rest of Asia-Pacific
• LAMEA
• Latin America
• Middle East
• Africa

Key players in the value chain

• American International Group, Inc.
• The Chubb Corporation
• Zurich Insurance Co. Ltd
• XL Group Ltd
• Berkshire Hathaway
• Allianz Global Corporate & Specialty
• Munich Re Group
• Lloyd's
• Lockton Companies, Inc.
• AON PLC
• BitSight Technologies
• Security Scorecard
• Pivot Point Risk Analytics
• Quadmetrics, Inc.
• Bin Insurer Holding, LLC
• Beazley Plc.
• Others

Buy Report @ https://reports.valuates.com/api/directpaytoken?rcode=ALLI-Auto-2W77

Similar Reports :

Global Cyber (Liability) Insurance Market : https://reports.valuates.com/market-reports/PROF-Auto-13E1136/global-cyber-liability-insurance-market

Private Cloud Services Market : https://reports.valuates.com/market-reports/ALLI-Auto-1Y203/private-cloud-services-market

Global Cloud Access Security Brokers Market : https://reports.valuates.com/market-reports/360I-Auto-0L26/global-cloud-access-security-brokers-market

Managed Security Services Market : https://reports.valuates.com/market-reports/ALLI-Auto-1M73/managed-security-services-market

About Us:

Our aim is to collate unparalleled Market insights and notify our customers as and when it happens. Valuates is curating premium Market Research Reports from the leading publishers around the globe. We will help you map your information needs to our report repository of Market research reports and guide you through your purchasing decision. We are based out of Silicon Valley of India (Bengaluru) and provide 24/7 online and offline support to all our customers and just a phone call away.

Contact Us:

Valuates Reports
sales@valuates.com 
For U.S. Toll Free Call  +1-(315)-215-3225
For IST Call  +91-8040957137
WhatsApp : +91-9945648335
Website: https://reports.valuates.com