사이버 보안 보험 (Cybersecurity Insurance) 시장조사 보고서

조사회사 : MarketsandMarkets (마켓츠앤마켓츠)   조사년월 : 2023년07월

사이버 보안 보험 (Cybersecurity Insurance) 시장 : 구성 요소 (솔루션 및 서비스), 유형 (독립형 및 패키지), 범위 (데이터 침해 및 사이버 배상 책임), 규정 준수 요구 사항, 최종 사용자 (기술 및 보험), 지역별 – 2028 년까지의 세계 예측
Cybersecurity Insurance Market by Component (Solutions and Services), Type (Standalone & Packaged), Coverage (Data Breach & Cyber Liability), Compliance Requirement, End User (Technology & Insurance) and Region – Global Forecast to 2028

리포트목차　　　　주문/문의　　　　납기/라이센스안내

The Cybersecurity insurance market is estimated at USD 14.4 billion in 2023 and is projected to reach USD 33.4 billion by 2028, at a CAGR of 18.3% from 2023 to 2028. Cybersecurity insurance has become increasingly important for organizations due to stricter data protection and privacy regulations like GDPR in Europe and CCPA in California. These regulations place a higher responsibility on businesses to safeguard sensitive data. Cybersecurity insurance helps organizations comply with these regulations and provides financial protection in the event of non-compliance.

By end users, the insurance providers segment to hold the largest market size during the forecast period.
The increasing complexity of cyber risks due to the widespread use of connected devices emphasizes the significance of cybersecurity insurance solutions and services. This growing demand for insurance coverage has motivated providers to offer tailored cyber policies that address the unique needs of organizations. The majority of these insurance providers are based in the United States and include reputable companies such as Berkshire Hathaway, Fairfax Financial, Sompo International, Hartford, Tokio Marine, Zurich, Liberty Mutual, BCS Insurance, AXIS, CNA, Beazley, Travelers Insurance, AIG, AXA XL, and Chubb. These providers offer a diverse range of customizable cyber coverage options, ensuring organizations can find policies that align with their specific requirements. In addition, they provide round-the-clock claims filing services and valuable resources to aid in the recovery process following large-scale cyberattacks.

Based on services, the security awareness training segment is expected to register the fastest growth rate during the forecast period.
Security awareness training plays a crucial role in the emerging cybersecurity insurance market, as it helps to educate end users about the importance of this type of coverage. In August 2019, Cofense, a provider of intelligent phishing defense solutions, partnered with CNA, a property and casualty insurance company. As part of this collaboration, CNA policyholders gained access to Cofense solutions, including security awareness training. This training was integrated into CNA’s suite of cyber liability insurance products to enhance policyholders’ understanding of cybersecurity risks. Another example is Zeguro, which offers a Security Training module that delivers monthly training modules, automated security training, and evaluates the cybersecurity knowledge of enterprises. This training assists employees in achieving compliance goals for regulations such as PCI-DSS, HIPAA, and GDPR.
“Asia Pacific to register the highest growth rate during the forecast period.”
The Asia Pacific region, including countries like China, Japan, ANZ, and Singapore, is witnessing significant growth opportunities for the cybersecurity insurance market due to increasing security concerns and technological advancements. Asia Pacific faces higher cyber risks, with insecure interfaces, data breaches, and data losses being prominent threats. The region’s rapid connectivity growth and digital transformation make it vulnerable to cyber exploitation. The Chubb Asia Pacific SME Cyber Preparedness Report 2019 highlights SMEs’ under-preparedness in managing cyber risks, while increasing regulatory developments drive the demand for cybersecurity insurance. Zurich Insurance predicts substantial market growth in Asia Pacific, with major players like AIG, Allianz, Chubb, and Zurich operating in the region.
Breakdown of primaries
The study contains insights from various industry experts, from solution vendors to Tier 1 companies. The break-up of the primaries is as follows:

• By Company Type: Tier 1 – 55%, Tier 2 – 30%, and Tier 3 – 15%
• By Designation: C-level –40%, D-level – 25%, and Others – 35%
• By Region: North America – 60%, Europe – 20%, Asia Pacific – 12%, Middle East & Africa– 6%, and Latin America– 2%.
The major players in the Cybersecurity insurance market are BitSight (US), Prevalent (US), RedSeal (US), SecurityScorecard (US), Cyber Indemnity Solutions (Australia), Cisco (US), UpGuard (US), Microsoft (US), Check Point (US), AttackIQ (US), SentinelOne (US), Broadcom (US), Accenture (Ireland), Cylance (US), FireEye (US), CyberArk (US), CYE (Israel), SecurIT360 (US), and Founder Shield (US). The insurance vendors covered in the cybersecurity insurance market are Allianz (Germany), AIG (US), Aon (UK), Arthur J. Gallagher & Co (US), Travelers Insurance (US), AXA XL (US), AXIS Capital (Bermuda), Beazley (UK), Chubb (Switzerland), CNA Financial (US), Fairfax Financial (Canada), Liberty Mutual (US), Lloyd’s of London (UK), Lockton (US), Munich Re Group (Germany), and Sompo International (Bermuda). The startup vendors covered in the cybersecurity insurance market are At-Bay (US), Cybernance (US), CyberCube (US), Coalition (US), Arceo.ai (US), Kovrr (Israel), Sayata Labs (Israel), Zeguro (US), RiskSense (US), SafeBreach (US), and Cronus Cyber Technologies (Israel). These players have adopted various growth strategies, such as partnerships, agreements and collaborations, new product launches, and product enhancements, and acquisitions to expand their footprint in the Cybersecurity insurance market.

Research Coverage
The market study covers the Cybersecurity insurance market size across different segments. It aims at estimating the market size and the growth potential across different segments, including offerings (solutions, and services), insurance coverage, insurance type, compliance requirements, end user, and region. The study includes an in-depth competitive analysis of the leading market players, their company profiles, key observations related to product and business offerings, recent developments, and market strategies.
Key Benefits of Buying the Report
The report will help the market leaders/new entrants with information on the closest approximations of the revenue numbers for the global Cybersecurity insurance market and its subsegments. This report will help stakeholders understand the competitive landscape and gain more insights to position their businesses better and to plan suitable go-to-market strategies. Moreover, the report will provide insights for stakeholders to understand the market’s pulse and provide them with information on key market drivers, restraints, challenges, and opportunities.
The report provides insights on the following pointers:

Analysis of key drivers (Surge in mandatory cybersecurity regulations and legislations to boost demand for insurance protection, High rate of recovery of financial losses to promote growth of cybersecurity insurance market, and Increase in the frequency and sophistication of cyber threats), restraints (Lack of awareness related to cybersecurity insurance and reluctance in choosing cybersecurity insurance over cybersecurity solutions, and Soaring cybersecurity insurance costs), opportunities (Exclusion of cybersecurity insurance cover from Property and Casualty (P&C) insurance, and Adoption of artificial intelligence and blockchain technology for risk analytics), and challenges (Cyber insurers grapple to gain traction despite soaring cybersecurity risks, Data privacy concerns, and Lack of understanding, technical knowledge, and absence of historical cyber data for effective underwriting) influencing the growth of the Cybersecurity insurance market. Product Development/Innovation: Detailed insights on upcoming technologies, research & development activities, and new product & service launches in the Cybersecurity insurance market. Market Development: Comprehensive information about lucrative markets – the report analyses the Cybersecurity insurance market across various regions. Market Diversification: Exhaustive information about new products & services, untapped geographies, recent developments, and investments in the Cybersecurity insurance market. Competitive Assessment: In-depth assessment of market shares, growth strategies and service offerings of leading players like BitSight (US), Prevalent (US), RedSeal (US), SecurityScorecard (US), Cyber Indemnity Solutions (Australia), Cisco (US), UpGuard (US), Microsoft (US), Check Point (US), AttackIQ (US), SentinelOne (US), Broadcom (US), Accenture (Ireland), Cylance (US), FireEye (US), CyberArk (US), CYE (Israel), SecurIT360 (US).

목차

1 INTRODUCTION 61
1.1 STUDY OBJECTIVES 61
1.2 MARKET DEFINITION 61
1.2.1 INCLUSIONS & EXCLUSIONS 61
1.3 MARKET SCOPE 63
1.3.1 MARKET SEGMENTATION 63
1.3.2 REGIONAL SCOPE 64
1.3.3 YEARS CONSIDERED 64
1.4 CURRENCY CONSIDERED 65
TABLE 1 USD EXCHANGE RATES, 2019–2022 65
1.5 SUMMARY OF CHANGES 65
1.6 STAKEHOLDERS 66
2 RESEARCH METHODOLOGY 67
2.1 RESEARCH DATA 67
FIGURE 1 CYBERSECURITY INSURANCE MARKET: RESEARCH DESIGN 68
2.1.1 SECONDARY DATA 69
2.1.1.1 Secondary sources 69
2.1.2 PRIMARY DATA 70
2.1.2.1 Breakup of primary profiles 70
2.1.2.2 Primary sources 71
2.1.2.3 Key industry insights 72
2.2 MARKET BREAKUP AND DATA TRIANGULATION 73
2.3 MARKET SIZE ESTIMATION 74
2.3.1 TOP-DOWN APPROACH 74
FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH 74
2.3.2 BOTTOM-UP APPROACH 75
FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH 75
FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY–APPROACH 1 (SUPPLY SIDE): REVENUE FROM SOLUTIONS/SERVICES OF CYBERSECURITY INSURANCE VENDORS 76
FIGURE 5 MARKET SIZE ESTIMATION METHODOLOGY–APPROACH 2, BOTTOM UP (SUPPLY SIDE): COLLECTIVE REVENUE FROM ALL SOLUTIONS, SERVICES, AND INSURANCE POLICIES OF CYBERSECURITY INSURANCE VENDORS 76
FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY–APPROACH 3, TOP DOWN (DEMAND SIDE): SHARE OF CYBERSECURITY INSURANCE IN OVERALL INFORMATION TECHNOLOGY MARKET 77
2.4 MARKET FORECAST 78
TABLE 2 FACTOR ANALYSIS 78
2.5 ASSUMPTIONS 79
2.6 LIMITATIONS 80
2.7 CYBERSECURITY INSURANCE MARKET: RECESSION IMPACT 80
3 EXECUTIVE SUMMARY 82
3.1 CYBERSECURITY INSURANCE COVERAGE 82
FIGURE 7 CYBERSECURITY INSURANCE MARKET SIZE, 2021–2028 83
FIGURE 8 CYBERSECURITY INSURANCE MARKET: REGIONAL SNAPSHOT 84
4 PREMIUM INSIGHTS 85
4.1 ATTRACTIVE OPPORTUNITIES IN CYBERSECURITY INSURANCE MARKET 85
FIGURE 9 INCREASING CYBER AND RANSOMWARE ATTACKS TO DRIVE CYBERSECURITY INSURANCE MARKET GROWTH 85
4.2 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION AND INSURANCE COVERAGE (2023) 86
FIGURE 10 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS AND CYBER LIABILITY SEGMENT IN NORTH AMERICA TO ACCOUNT FOR LARGEST SHARES IN 2023 86
4.3 EUROPE: CYBERSECURITY INSURANCE MARKET, BY SOLUTION AND INSURANCE COVERAGE (2023) 86
FIGURE 11 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS AND CYBER LIABILITY SEGMENT IN EUROPE TO ACCOUNT FOR LARGEST SHARES IN 2023 86
4.4 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY SOLUTION AND INSURANCE COVERAGE (2023) 87
FIGURE 12 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS AND CYBER LIABILITY SEGMENT IN APAC TO ACCOUNT FOR LARGEST SHARES IN 2023 87
FIGURE 13 ASIA PACIFIC TO BE BEST MARKET FOR INVESTMENTS DURING FORECAST PERIOD 87
5 MARKET OVERVIEW AND INDUSTRY TRENDS 88
5.1 INTRODUCTION 88
5.2 MARKET DYNAMICS 88
FIGURE 14 DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES: CYBERSECURITY INSURANCE MARKET 88
5.2.1 DRIVERS 89
5.2.1.1 Surge in mandatory cybersecurity regulations and legislations to boost demand for insurance protection 89
5.2.1.2 High rate of recovery of financial losses to promote cybersecurity insurance market growth 89
5.2.1.3 Increase in frequency and sophistication of cyber threats 90
5.2.2 RESTRAINTS 90
5.2.2.1 Lack of awareness related to cybersecurity insurance and reluctance in choosing cybersecurity insurance over cybersecurity solutions 90
5.2.2.2 Soaring cybersecurity insurance costs 91
TABLE 3 DIRECT WRITTEN PREMIUMS Y-O-Y GROWTH OF STANDALONE AND PACKAGE CYBERSECURITY INSURANCE UNDERWRITERS 91
5.2.3 OPPORTUNITIES 91
5.2.3.1 Exclusion of cybersecurity insurance cover from Property and Casualty (P&C) insurance 91
5.2.3.2 Adoption of artificial intelligence and blockchain technology for risk analytics 92
5.2.4 CHALLENGES 92
5.2.4.1 Cyber insurers grapple to gain traction despite soaring cybersecurity risks 92
5.2.4.2 Data privacy concerns 92
5.2.4.3 Lack of understanding, technical knowledge, and absence of historical cyber data for effective underwriting 93
5.3 INDUSTRY TRENDS 93
5.3.1 VALUE CHAIN ANALYSIS 93
FIGURE 15 CYBERSECURITY INSURANCE MARKET: VALUE CHAIN 93
5.3.2 BRIEF HISTORY OF CYBERSECURITY INSURANCE SOLUTIONS 94
FIGURE 16 EVOLUTION OF CYBERSECURITY INSURANCE SOLUTIONS 94
5.3.2.1 1990s 95
5.3.2.2 2000s 95
5.3.2.3 2010s 95
5.3.2.4 2020s-Present 95
5.3.3 ECOSYSTEM 95
FIGURE 17 CYBERSECURITY INSURANCE MARKET: ECOSYSTEM 96
TABLE 4 CYBERSECURITY INSURANCE MARKET: ECOSYSTEM 96
5.3.4 CYBERSECURITY INSURANCE TOOLS, FRAMEWORKS, AND TECHNIQUES 98
5.3.5 BUSINESS MODEL 98
5.3.6 PORTER’S FIVE FORCES MODEL 99
TABLE 5 IMPACT OF PORTER’S FIVE FORCES ON CYBERSECURITY INSURANCE MARKET 99
5.3.6.1 Threat of new entrants 100
5.3.6.2 Threat of substitutes 100
5.3.6.3 Bargaining power of suppliers 100
5.3.6.4 Bargaining power of buyers 100
5.3.6.5 Intensity of competitive rivalry 100
5.3.7 IMPACT OF CYBERSECURITY INSURANCE ON ADJACENT NICHE TECHNOLOGIES 101
5.3.7.1 Internet of Things (IoT) Security 101
5.3.7.2 Cloud Computing Security 101
5.3.7.3 Artificial Intelligence (AI) Security 101
5.3.7.4 Blockchain Security 101
5.3.7.5 Biometric Security 101
5.3.8 KEY STAKEHOLDERS AND BUYING CRITERIA 102
5.3.8.1 KEY STAKEHOLDERS IN BUYING PROCESS 102
FIGURE 18 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USER INSURANCE PROVIDERS 102
TABLE 6 INFLUENCE OF STAKEHOLDERS ON BUYING PROCESS FOR TOP THREE END USER INSURANCE PROVIDERS (%) 102
5.3.8.2 BUYING CRITERIA 102
FIGURE 19 KEY BUYING CRITERIA FOR TOP THREE END USER INSURANCE PROVIDERS 102
TABLE 7 KEY BUYING CRITERIA FOR TOP THREE END USER INSURANCE PROVIDERS 103
5.3.9 TECHNOLOGY ANALYSIS 103
5.3.9.1 Adjacent technologies 103
5.3.9.1.1 Artificial Intelligence and Machine Learning 103
5.3.9.1.2 Big Data Analytics 104
5.3.9.1.3 Internet of Things Security 104
5.3.9.1.4 Blockchain 104
5.3.9.1.5 Cloud 105
5.3.9.2 Related Technologies 105
5.3.9.2.1 Risk Assessment 105
5.3.9.2.2 Threat Intelligence 105
5.3.9.2.3 Load Security Monitoring and Analytics 105
5.3.9.2.4 Data Breach Response 106
5.3.10 FUTURE OF CYBERSECURITY INSURANCE MARKET LANDSCAPE 106
5.3.11 TRENDS/DISRUPTIONS IMPACTING CUSTOMERS’ BUSINESSES 107
FIGURE 20 REVENUE SHIFT IN CYBERSECURITY INSURANCE MARKET 107
5.3.12 BEST PRACTICES OF CYBERSECURITY INSURANCE MARKET 107
5.3.13 PATENT ANALYSIS 108
5.3.13.1 Methodology 108
5.3.13.2 Document type 108
TABLE 8 PATENTS FILED, 2020–2023 108
5.3.13.3 Innovation and patent applications 108
FIGURE 21 TOTAL NUMBER OF PATENTS GRANTED, 2020–2023 108
5.3.13.4 Top applicants 109
FIGURE 22 TOP TEN PATENT APPLICANTS, 2020–2023 109
5.3.14 PRICING MODEL ANALYSIS 109
5.3.14.1 Average selling price trends 109
5.3.15 CYBERSECURITY INSURANCE AVERAGE SELLING PRICE FOR SMES 109
FIGURE 23 CYBERSECURITY INSURANCE AVERAGE SELLING PRICE TREND IN SMES 109
FIGURE 24 CYBERSECURITY INSURANCE AVERAGE SELLING PRICE, BY EMPLOYEE SIZE 110
5.3.16 TREND OF CYBERSECURITY INSURANCE PREMIUMS 110
TABLE 9 CYBERSECURITY INSURANCE PREMIUM TRENDS 110
5.3.17 CASE STUDY ANALYSIS 110
5.3.17.1 SecurityScorecard helped cyber insurance provider better understand customer risk 111
5.3.17.2 European financial service providers leveraged BitSight for security performance management 111
5.3.17.3 Country Mutual Insurance Company leveraged CyberArk’s privileged security access platform 112
5.3.17.4 Global 500 insurance company chose Prevalent’s third-party risk management solution 112
5.3.17.5 AON secured financial institution’s funds and data from third-party cyber risks 113
5.3.17.6 Chubb’s cybersecurity insurance cover assisted SME in recovering financial losses 113
5.3.18 KEY CONFERENCES & EVENTS IN 2023 114
5.3.18.1 Cybersecurity insurance market: Detailed list of conferences & events 114
5.3.19 REGULATORY COMPLIANCES 114
5.3.19.1 Regulatory bodies, government agencies, and other organizations 115
TABLE 10 NORTH AMERICA: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 115
TABLE 11 EUROPE: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 115
TABLE 12 ASIA PACIFIC: LIST OF REGULATORY BODIES, GOVERNMENT AGENCIES, AND OTHER ORGANIZATIONS 116
5.3.19.2 General Data Protection Regulation 116
5.3.19.3 Payment Card Industry-Data Security Standard 117
5.3.19.4 Health Insurance Portability and Accountability Act 117
5.3.19.5 Federal Information Security Management Act 117
5.3.19.6 Gramm-Leach-Bliley Act 117
5.3.19.7 Sarbanes-Oxley Act 118
5.3.19.8 International Organization for Standardization 27001 118
6 CYBERSECURITY INSURANCE MARKET, BY OFFERING 119
6.1 INTRODUCTION 120
6.1.1 OFFERING: CYBERSECURITY INSURANCE MARKET DRIVERS 120
FIGURE 25 SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 120
TABLE 13 CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 121
TABLE 14 CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 121
TABLE 15 OFFERING: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 121
TABLE 16 OFFERING: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 121
6.2 SOLUTIONS 122
6.2.1 CYBERSECURITY INSURANCE SOLUTIONS TO PROVIDE HIGH DATA SECURITY AND PREVENT DATA BREACHES 122
FIGURE 26 DISASTER RECOVERY AND BUSINESS CONTINUITY TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 122
TABLE 17 CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 122
TABLE 18 CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 123
TABLE 19 SOLUTIONS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 123
TABLE 20 SOLUTIONS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 123
6.2.2 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS 124
TABLE 21 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 124
TABLE 22 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 124
6.2.3 DISASTER RECOVERY AND BUSINESS CONTINUITY 125
TABLE 23 DISASTER RECOVERY AND BUSINESS CONTINUITY: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 125
TABLE 24 DISASTER RECOVERY AND BUSINESS CONTINUITY: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 125
6.2.4 CYBERSECURITY SOLUTIONS 125
6.2.4.1 Cyber risk and vulnerability assessment 126
6.2.4.2 Cybersecurity resilience 126
TABLE 25 CYBERSECURITY SOLUTIONS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 126
TABLE 26 CYBERSECURITY SOLUTIONS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 127
6.3 SERVICES 127
6.3.1 NEED FOR PROFESSIONAL CONSULTANTS TO PROVIDE 24/7 SERVICE RESPONSE 127
FIGURE 27 SECURITY AWARENESS TRAINING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 127
TABLE 27 CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 128
TABLE 28 CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 128
TABLE 29 SERVICES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 128
TABLE 30 SERVICES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 129
6.3.2 CONSULTING/ADVISORY 129
TABLE 31 CONSULTING/ADVISORY: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 129
TABLE 32 CONSULTING/ADVISORY: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 130
6.3.3 SECURITY AWARENESS TRAINING 130
TABLE 33 SECURITY AWARENESS TRAINING: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 130
TABLE 34 SECURITY AWARENESS TRAINING: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 131
6.3.4 OTHER SERVICES 131
TABLE 35 OTHER SERVICES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 131
TABLE 36 OTHER SERVICES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 132
7 CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE 133
7.1 INTRODUCTION 134
7.1.1 INSURANCE COVERAGE: CYBERSECURITY INSURANCE MARKET DRIVERS 134
FIGURE 28 DATA BREACH SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 134
TABLE 37 CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 135
TABLE 38 CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 135
TABLE 39 INSURANCE COVERAGE: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 135
TABLE 40 INSURANCE COVERAGE: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 135
7.2 DATA BREACH 136
7.2.1 CYBERSECURITY INSURANCE COVERAGE TO PROTECT BUSINESSES AGAINST SECURITY AND CYBER BREACHES 136
TABLE 41 DATA BREACH: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 136
TABLE 42 DATA BREACH: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 136
7.2.2 DATA LOSS 137
7.2.3 DENIAL OF SERVICE AND DOWNTIME 137
7.2.4 RANSOMWARE ATTACKS 137
7.3 CYBER LIABILITY 137
7.3.1 CYBERSECURITY INSURANCE TO COVER CYBER LIABILITY, REDUCING DATA RECOVERY COST FROM DATA BREACHES AND CYBERATTACKS 137
TABLE 43 CYBER LIABILITY: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 138
TABLE 44 CYBER LIABILITY: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 138
7.3.2 TYPES OF CYBER LIABILITIES 138
7.3.2.1 Data protection and privacy costs 138
7.3.2.2 Non-compliance penalty 139
7.3.2.3 Brand and related intellectual property protection 139
7.3.2.4 Other cyber liability types 139
7.3.3 SOURCE/TARGET OF CYBER LIABILITIES 139
7.3.3.1 Internal 139
7.3.3.2 External 140
8 CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE 141
8.1 INTRODUCTION 142
8.1.1 INSURANCE TYPE: CYBERSECURITY INSURANCE MARKET DRIVERS 142
FIGURE 29 PACKAGED SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 142
TABLE 45 CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 143
TABLE 46 CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 143
TABLE 47 INSURANCE TYPE: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 143
TABLE 48 INSURANCE TYPE: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 143
8.2 PACKAGED 144
8.2.1 PACKAGED INSURANCE TO ENHANCE DIGITAL TRANSFORMATION AND SUPPORT TRADITIONAL POLICIES 144
TABLE 49 PACKAGED: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 144
TABLE 50 PACKAGED: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 144
8.3 STANDALONE 145
8.3.1 STANDALONE INSURANCE TO MANAGE COMPLEX CYBER RISKS AND IMPROVE CYBER RISK PROTECTION 145
TABLE 51 STANDALONE: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 145
TABLE 52 STANDALONE: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 145
9 CYBERSECURITY INSURANCE MARKET, BY COMPLIANCE REQUIREMENT 146
9.1 INTRODUCTION 146
9.1.1 COMPLIANCE REQUIREMENT: CYBERSECURITY INSURANCE MARKET DRIVERS 146
9.2 HEALTHCARE COMPLIANCE 146
9.3 FINANCIAL SERVICES COMPLIANCE 147
9.4 GDPR COMPLIANCE 147
9.5 DATA PRIVACY COMPLIANCE 147
9.6 OTHER COMPLIANCES 148
10 CYBERSECURITY INSURANCE MARKET, BY END USER 149
10.1 INTRODUCTION 150
10.1.1 END USER: CYBERSECURITY INSURANCE MARKET DRIVERS 150
FIGURE 30 TECHNOLOGY PROVIDER SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD 150
TABLE 53 CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 150
TABLE 54 CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 151
TABLE 55 END USER: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 151
TABLE 56 END USER: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 151
10.2 TECHNOLOGY PROVIDERS 152
10.2.1 TECHNOLOGY PROVIDERS TO HELP INSURANCE INDUSTRY ASSESS ITS CYBERSECURITY RISKS 152
FIGURE 31 GOVERNMENT AGENCIES TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 152
TABLE 57 CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 152
TABLE 58 CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 153
TABLE 59 TECHNOLOGY PROVIDERS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 153
TABLE 60 TECHNOLOGY PROVIDERS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 153
10.2.2 INSURANCE COMPANIES 154
10.2.3 INSURANCE COMPANIES: CYBERSECURITY INSURANCE APPLICATIONS 154
10.2.3.1 Data Breach Protection 154
10.2.3.2 Business Interruption Coverage 154
10.2.3.3 Ransomware Protection 154
TABLE 61 INSURANCE COMPANIES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 155
TABLE 62 INSURANCE COMPANIES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 155
10.2.4 THIRD-PARTY ADMINISTRATORS (TPAS), BROKERS, AND CONSULTANCIES 155
10.2.5 THIRD-PARTY ADMINISTRATORS (TPAS), BROKERS, AND CONSULTANCIES: CYBERSECURITY INSURANCE APPLICATIONS 156
10.2.5.1 Policy Administration (TPAs) 156
10.2.5.2 Claim Advocacy (Brokers) 156
10.2.5.3 Risk Assessment and Mitigation (Consultancies) 156
TABLE 63 THIRD-PARTY ADMINISTRATORS, BROKERS, AND CONSULTANCIES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 156
TABLE 64 THIRD-PARTY ADMINISTRATORS, BROKERS, AND CONSULTANCIES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 157
10.2.6 GOVERNMENT AGENCIES 157
10.2.7 GOVERNMENT AGENCIES: CYBERSECURITY INSURANCE APPLICATIONS 157
10.2.7.1 Data Breach Protection 157
10.2.7.2 Business Interruption Coverage 158
10.2.7.3 Ransomware Protection 158
TABLE 65 GOVERNMENT AGENCIES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 158
TABLE 66 GOVERNMENT AGENCIES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 158
10.3 INSURANCE PROVIDERS 159
10.3.1 INSURANCE PROVIDERS TO UNDERWRITE INSURANCE POLICIES FOR IMPROVING CYBERSECURITY SYSTEMS OF ORGANIZATIONS 159
FIGURE 32 FINANCIAL SERVICES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD 159
TABLE 67 CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 159
TABLE 68 CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 160
TABLE 69 INSURANCE PROVIDERS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 160
TABLE 70 INSURANCE PROVIDERS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 160
10.3.2 FINANCIAL SERVICES 161
10.3.3 FINANCIAL SERVICES: CYBERSECURITY INSURANCE APPLICATIONS 161
10.3.3.1 Risk Assessment and Mitigation 161
10.3.3.2 Cyber Extortion Coverage 161
10.3.3.3 Ransomware Protection 161
TABLE 71 FINANCIAL SERVICES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 162
TABLE 72 FINANCIAL SERVICES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 162
10.3.4 IT AND ITES 162
10.3.5 IT AND ITES: CYBERSECURITY INSURANCE APPLICATIONS 163
10.3.5.1 Protection for Sensitive Client Data 163
10.3.5.2 Intellectual Property Protection 163
10.3.5.3 Comprehensive Coverage for IT Infrastructure 163
TABLE 73 IT AND ITES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 163
TABLE 74 IT AND ITES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 163
10.3.6 HEALTHCARE AND LIFE SCIENCES 164
10.3.7 HEALTHCARE AND LIFE SCIENCES: CYBERSECURITY INSURANCE APPLICATIONS 164
10.3.7.1 Protected Health Information (PHI) Data Breach Coverage 164
10.3.7.2 Regulatory Compliance Support 164
10.3.7.3 Cybersecurity Incident Response Support 164
TABLE 75 HEALTHCARE AND LIFE SCIENCES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 165
TABLE 76 HEALTHCARE AND LIFE SCIENCES: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 165
10.3.8 RETAIL AND ECOMMERCE 165
10.3.9 RETAIL AND ECOMMERCE: CYBERSECURITY INSURANCE APPLICATIONS 166
10.3.9.1 Ecommerce Website Protection 166
10.3.9.2 Supply Chain Cyber Risk Coverage 166
10.3.9.3 Brand Reputation Management 166
TABLE 77 RETAIL AND ECOMMERCE: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 166
TABLE 78 RETAIL AND ECOMMERCE: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 167
10.3.10 TELECOM 167
10.3.11 TELECOM: CYBERSECURITY INSURANCE APPLICATIONS 167
10.3.11.1 Network Security Coverage 167
10.3.11.2 Communication Infrastructure Protection 167
10.3.11.3 Customer Notification and Support 168
TABLE 79 TELECOM: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 168
TABLE 80 TELECOM: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 168
10.3.12 TRAVEL, TOURISM, AND HOSPITALITY 168
10.3.13 TRAVEL, TOURISM, AND HOSPITALITY: CYBERSECURITY INSURANCE APPLICATIONS 169
10.3.13.1 Reservation System and Booking Protection 169
10.3.13.2 Payment Card Data Protection 169
10.3.13.3 Data Breach Notification Costs 169
TABLE 81 TRAVEL, TOURISM, AND HOSPITALITY: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 169
TABLE 82 TRAVEL, TOURISM, AND HOSPITALITY: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 170
10.3.14 OTHER INSURANCE PROVIDERS 170
TABLE 83 OTHER INSURANCE PROVIDERS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 171
TABLE 84 OTHER INSURANCE PROVIDERS: CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 171
11 CYBERSECURITY INSURANCE MARKET, BY REGION 172
11.1 INTRODUCTION 173
FIGURE 33 ASIA PACIFIC TO REGISTER HIGHEST CAGR DURING FORECAST PERIOD 173
TABLE 85 CYBERSECURITY INSURANCE MARKET, BY REGION, 2018–2022 (USD MILLION) 174
TABLE 86 CYBERSECURITY INSURANCE MARKET, BY REGION, 2023–2028 (USD MILLION) 174
11.2 NORTH AMERICA 174
11.2.1 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET DRIVERS 174
11.2.2 NORTH AMERICA: RECESSION IMPACT 175
FIGURE 34 NORTH AMERICA: MARKET SNAPSHOT 175
TABLE 87 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 176
TABLE 88 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 176
TABLE 89 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 176
TABLE 90 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 176
TABLE 91 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 177
TABLE 92 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 177
TABLE 93 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 177
TABLE 94 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 178
TABLE 95 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 178
TABLE 96 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 178
TABLE 97 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 178
TABLE 98 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 179
TABLE 99 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 179
TABLE 100 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 179
TABLE 101 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 179
TABLE 102 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 180
TABLE 103 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 180
TABLE 104 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 180
TABLE 105 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 181
TABLE 106 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 181
11.2.3 US 181
11.2.3.1 Numerous laws and regulations promoting proactive incorporation of cybersecurity insurance policy cover in US to drive market 181
TABLE 107 US: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 181
TABLE 108 US: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 182
TABLE 109 US: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 182
TABLE 110 US: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 182
TABLE 111 US: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 182
TABLE 112 US: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 183
TABLE 113 US: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 183
TABLE 114 US: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 183
TABLE 115 US: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 184
TABLE 116 US: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 184
TABLE 117 US: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 184
TABLE 118 US: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 184
TABLE 119 US: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 185
TABLE 120 US: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 185
TABLE 121 US: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 185
TABLE 122 US: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 185
TABLE 123 US: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 186
TABLE 124 US: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 186
11.2.4 CANADA 187
11.2.4.1 Presence of prominent cybersecurity insurance providers in Canada to drive market 187
TABLE 125 CANADA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 187
TABLE 126 CANADA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 187
TABLE 127 CANADA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 187
TABLE 128 CANADA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 188
TABLE 129 CANADA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 188
TABLE 130 CANADA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 188
TABLE 131 CANADA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 188
TABLE 132 CANADA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 189
TABLE 133 CANADA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 189
TABLE 134 CANADA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 189
TABLE 135 CANADA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 189
TABLE 136 CANADA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 190
TABLE 137 CANADA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 190
TABLE 138 CANADA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 190
TABLE 139 CANADA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 190
TABLE 140 CANADA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 191
TABLE 141 CANADA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 191
TABLE 142 CANADA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 191
11.3 EUROPE 192
11.3.1 EUROPE: CYBERSECURITY INSURANCE MARKET DRIVERS 192
11.3.2 EUROPE: RECESSION IMPACT 192
TABLE 143 EUROPE: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 193
TABLE 144 EUROPE: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 193
TABLE 145 EUROPE: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 193
TABLE 146 EUROPE: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 193
TABLE 147 EUROPE: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 194
TABLE 148 EUROPE: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 194
TABLE 149 EUROPE: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 194
TABLE 150 EUROPE: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 195
TABLE 151 EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 195
TABLE 152 EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 195
TABLE 153 EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 195
TABLE 154 EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 196
TABLE 155 EUROPE: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 196
TABLE 156 EUROPE: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 196
TABLE 157 EUROPE: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 196
TABLE 158 EUROPE: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 197
TABLE 159 EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 197
TABLE 160 EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 197
TABLE 161 EUROPE: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 198
TABLE 162 EUROPE: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 198
11.3.3 UK 198
11.3.3.1 Cyber insurance in UK to be comparatively affordable measure against data breaches with cyber extortion cover, recovery, and compliance costs 198
TABLE 163 UK: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 199
TABLE 164 UK: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 199
TABLE 165 UK: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 199
TABLE 166 UK: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 199
TABLE 167 UK: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 200
TABLE 168 UK: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 200
TABLE 169 UK: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 200
TABLE 170 UK: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 201
TABLE 171 UK: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 201
TABLE 172 UK: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 201
TABLE 173 UK: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 201
TABLE 174 UK: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 202
TABLE 175 UK: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 202
TABLE 176 UK: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 202
TABLE 177 UK: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 202
TABLE 178 UK: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 203
TABLE 179 UK: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 203
TABLE 180 UK: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 203
11.3.4 GERMANY 204

11.3.4.1 Increasing instances of cybercrimes to drive market growth in Germany 204
TABLE 181 GERMANY: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 204
TABLE 182 GERMANY: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 204
TABLE 183 GERMANY: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 204
TABLE 184 GERMANY: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 205
TABLE 185 GERMANY: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 205
TABLE 186 GERMANY: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 205
TABLE 187 GERMANY: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 205
TABLE 188 GERMANY: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 206
TABLE 189 GERMANY: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 206
TABLE 190 GERMANY: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 206
TABLE 191 GERMANY: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 206
TABLE 192 GERMANY: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 207
TABLE 193 GERMANY: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 207
TABLE 194 GERMANY: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 207
TABLE 195 GERMANY: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 207
TABLE 196 GERMANY: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 208
TABLE 197 GERMANY: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 208
TABLE 198 GERMANY: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 208
11.3.5 FRANCE 209
11.3.5.1 Alarming cyber-attack rates and ransomware insurance coverage gaps in France to fuel demand for cybersecurity insurance 209
TABLE 199 FRANCE: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 209
TABLE 200 FRANCE: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 209
TABLE 201 FRANCE: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 210
TABLE 202 FRANCE: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 210
TABLE 203 FRANCE: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 210
TABLE 204 FRANCE: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 210
TABLE 205 FRANCE: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 211
TABLE 206 FRANCE: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 211
TABLE 207 FRANCE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 211
TABLE 208 FRANCE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 211
TABLE 209 FRANCE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 212
TABLE 210 FRANCE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 212
TABLE 211 FRANCE: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 212
TABLE 212 FRANCE: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 212
TABLE 213 FRANCE: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 213
TABLE 214 FRANCE: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 213
TABLE 215 FRANCE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 213
TABLE 216 FRANCE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 214
11.3.6 SPAIN 214
11.3.6.1 Rising cybersecurity incidents in Spain amidst 5G transition to drive market growth 214
11.3.7 ITALY 214
11.3.7.1 Ransomware surges and growing adoption of cybersecurity insurance in Italy to drive market growth 214
11.3.8 REST OF EUROPE 215
TABLE 217 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 215
TABLE 218 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 215
TABLE 219 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 215
TABLE 220 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 216
TABLE 221 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 216
TABLE 222 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 216
TABLE 223 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 216
TABLE 224 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 217
TABLE 225 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 217
TABLE 226 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 217
TABLE 227 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 217
TABLE 228 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 218
TABLE 229 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 218
TABLE 230 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 218
TABLE 231 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 218
TABLE 232 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 219
TABLE 233 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 219
TABLE 234 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 219
11.4 ASIA PACIFIC 220
11.4.1 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET DRIVERS 220
11.4.2 ASIA PACIFIC: RECESSION IMPACT 220
FIGURE 35 ASIA PACIFIC: MARKET SNAPSHOT 221
TABLE 235 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 221
TABLE 236 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 222
TABLE 237 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 222
TABLE 238 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 222
TABLE 239 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 222
TABLE 240 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 223
TABLE 241 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 223
TABLE 242 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 223
TABLE 243 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 224
TABLE 244 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 224
TABLE 245 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 224
TABLE 246 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 224
TABLE 247 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 225
TABLE 248 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 225
TABLE 249 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 225
TABLE 250 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 225
TABLE 251 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 226
TABLE 252 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 226
TABLE 253 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 227
TABLE 254 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 227
11.4.3 AUSTRALIA & NEW ZEALAND 227
11.4.3.1 Enforcement of Notifiable Data Breach Scheme and Australian Prudential Regulatory Authority to help enterprises improve their business resiliency toward risks 227
TABLE 255 ANZ: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 228
TABLE 256 ANZ: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 228
TABLE 257 ANZ: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 228
TABLE 258 ANZ: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 228
TABLE 259 ANZ: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 229
TABLE 260 ANZ: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 229
TABLE 261 ANZ: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 229
TABLE 262 ANZ: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 229
TABLE 263 ANZ: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 230
TABLE 264 ANZ: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 230
TABLE 265 ANZ: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 230
TABLE 266 ANZ: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 230
TABLE 267 ANZ: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 231
TABLE 268 ANZ: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 231
TABLE 269 ANZ: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 231
TABLE 270 ANZ: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 231
TABLE 271 ANZ: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 232
TABLE 272 ANZ: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 232
11.4.4 CHINA 232
11.4.4.1 Increasing investments in advanced technologies and ascending rates of cybercrimes to drive growth in China 232
TABLE 273 CHINA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 233
TABLE 274 CHINA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 233
TABLE 275 CHINA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 233
TABLE 276 CHINA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 233
TABLE 277 CHINA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 234
TABLE 278 CHINA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 234
TABLE 279 CHINA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 234
TABLE 280 CHINA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 234
TABLE 281 CHINA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 235
TABLE 282 CHINA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 235
TABLE 283 CHINA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 235
TABLE 284 CHINA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 235
TABLE 285 CHINA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 236
TABLE 286 CHINA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 236
TABLE 287 CHINA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 236
TABLE 288 CHINA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 236
TABLE 289 CHINA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 237
TABLE 290 CHINA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 237
11.4.5 JAPAN 237
11.4.5.1 Growing security breaches across various verticals to present opportunities for Japanese cybersecurity insurance market 237
TABLE 291 JAPAN: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 238
TABLE 292 JAPAN: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 238
TABLE 293 JAPAN: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 238
TABLE 294 JAPAN: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 238
TABLE 295 JAPAN: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 239
TABLE 296 JAPAN: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 239
TABLE 297 JAPAN: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 239
TABLE 298 JAPAN: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 240
TABLE 299 JAPAN: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 240
TABLE 300 JAPAN: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 240
TABLE 301 JAPAN: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 240
TABLE 302 JAPAN: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 241
TABLE 303 JAPAN: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 241
TABLE 304 JAPAN: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 241
TABLE 305 JAPAN: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 241
TABLE 306 JAPAN: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 242
TABLE 307 JAPAN: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 242
TABLE 308 JAPAN: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 242
11.4.6 SOUTHEAST ASIA 243
11.4.6.1 Growth prospects in Southeast Asia’s evolving cybersecurity landscape to drive cybersecurity insurance market in region 243
11.4.7 INDIA 243
11.4.7.1 Rising cybersecurity risks to accelerate cyber insurance adoption in India 243
11.4.8 REST OF ASIA PACIFIC 243
TABLE 309 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 244
TABLE 310 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 244
TABLE 311 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 244
TABLE 312 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 244
TABLE 313 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 245
TABLE 314 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 245
TABLE 315 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 245
TABLE 316 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 246
TABLE 317 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 246
TABLE 318 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 246
TABLE 319 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 246
TABLE 320 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 247
TABLE 321 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 247
TABLE 322 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 247
TABLE 323 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 247
TABLE 324 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 248
TABLE 325 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 248
TABLE 326 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 248
11.5 MIDDLE EAST & AFRICA 249
11.5.1 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET DRIVERS 249
11.5.2 MIDDLE EAST & AFRICA: RECESSION IMPACT 249
TABLE 327 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 249
TABLE 328 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 250
TABLE 329 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 250
TABLE 330 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 250
TABLE 331 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 250
TABLE 332 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 251
TABLE 333 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 251
TABLE 334 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 251
TABLE 335 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 252
TABLE 336 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 252
TABLE 337 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 252
TABLE 338 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 252
TABLE 339 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 253
TABLE 340 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 253
TABLE 341 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 253
TABLE 342 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 253
TABLE 343 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 254
TABLE 344 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 254
TABLE 345 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 254
TABLE 346 MIDDLE EAST & AFRICA: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 255
11.5.3 KSA 255
11.5.3.1 Growing awareness to lead to increase in inquiries and adoption of cyber insurance policies among organizations 255
TABLE 347 KSA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 255
TABLE 348 KSA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 256
TABLE 349 KSA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 256
TABLE 350 KSA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 256
TABLE 351 KSA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 256
TABLE 352 KSA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 257
TABLE 353 KSA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 257
TABLE 354 KSA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 257
TABLE 355 KSA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 258
TABLE 356 KSA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 258
TABLE 357 KSA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 258
TABLE 358 KSA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 258
TABLE 359 KSA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 259
TABLE 360 KSA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 259
TABLE 361 KSA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 259
TABLE 362 KSA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 259
TABLE 363 KSA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 260
TABLE 364 KSA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 260
11.5.4 UAE 260
11.5.4.1 Increasing adoption of advanced technologies and fast development in UAE to be major factors driving adoption of cybersecurity insurance 260
TABLE 365 UAE: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 261
TABLE 366 UAE: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 261
TABLE 367 UAE: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 261
TABLE 368 UAE: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 261
TABLE 369 UAE: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 262
TABLE 370 UAE: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 262
TABLE 371 UAE: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 262
TABLE 372 UAE: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 262
TABLE 373 UAE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 263
TABLE 374 UAE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 263
TABLE 375 UAE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 263
TABLE 376 UAE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 263
TABLE 377 UAE: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 264
TABLE 378 UAE: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 264
TABLE 379 UAE: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 264
TABLE 380 UAE: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 264
TABLE 381 UAE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 265
TABLE 382 UAE: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 265
11.5.5 SOUTH AFRICA 266
11.5.5.1 Companies becoming potential targets for cybercriminals due to increased mobile and internet penetration to drive growth 266
11.5.6 REST OF MIDDLE EAST & AFRICA 266
11.6 LATIN AMERICA 267
11.6.1 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET DRIVERS 267
11.6.2 LATIN AMERICA: RECESSION IMPACT 267
TABLE 383 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 267
TABLE 384 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 268
TABLE 385 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 268
TABLE 386 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 268
TABLE 387 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 268
TABLE 388 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 269
TABLE 389 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 269
TABLE 390 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 269
TABLE 391 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 270
TABLE 392 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 270
TABLE 393 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 270
TABLE 394 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 270
TABLE 395 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 271
TABLE 396 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 271
TABLE 397 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 271
TABLE 398 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 271
TABLE 399 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 272
TABLE 400 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 272
TABLE 401 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2018–2022 (USD MILLION) 272
TABLE 402 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY COUNTRY, 2023–2028 (USD MILLION) 273
11.6.3 BRAZIL 273
11.6.3.1 Increased automation and digitalization in businesses and fear of severe penalties to lead to market growth in Brazil 273
TABLE 403 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 273
TABLE 404 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 273
TABLE 405 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 274
TABLE 406 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 274
TABLE 407 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 274
TABLE 408 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 274
TABLE 409 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 275
TABLE 410 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 275
TABLE 411 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 275
TABLE 412 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 275
TABLE 413 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 276
TABLE 414 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 276
TABLE 415 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 276
TABLE 416 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 276
TABLE 417 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 277
TABLE 418 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 277
TABLE 419 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 277
TABLE 420 BRAZIL: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 278
11.6.4 MEXICO 278
11.6.4.1 Data protection regulations expected to hold great scope for market growth in Mexico 278
TABLE 421 MEXICO: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 278
TABLE 422 MEXICO: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 279
TABLE 423 MEXICO: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 279
TABLE 424 MEXICO: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 279
TABLE 425 MEXICO: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 279
TABLE 426 MEXICO: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 280
TABLE 427 MEXICO: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 280
TABLE 428 MEXICO: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 280
TABLE 429 MEXICO: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 281
TABLE 430 MEXICO: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 281
TABLE 431 MEXICO: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 281
TABLE 432 MEXICO: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 281
TABLE 433 MEXICO: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 282
TABLE 434 MEXICO: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 282
TABLE 435 MEXICO: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 282
TABLE 436 MEXICO: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 282
TABLE 437 MEXICO: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 283
TABLE 438 MEXICO: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 283
11.6.5 REST OF LATIN AMERICA 283
TABLE 439 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2018–2022 (USD MILLION) 284
TABLE 440 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY CYBER INSURANCE, 2023–2028 (USD MILLION) 284
TABLE 441 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2018–2022 (USD MILLION) 284
TABLE 442 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY OFFERING, 2023–2028 (USD MILLION) 284
TABLE 443 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2018–2022 (USD MILLION) 285
TABLE 444 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY SOLUTION, 2023–2028 (USD MILLION) 285
TABLE 445 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2018–2022 (USD MILLION) 285
TABLE 446 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY SERVICE, 2023–2028 (USD MILLION) 286
TABLE 447 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2018–2022 (USD MILLION) 286
TABLE 448 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE, 2023–2028 (USD MILLION) 286
TABLE 449 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2018–2022 (USD MILLION) 286
TABLE 450 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE, 2023–2028 (USD MILLION) 287
TABLE 451 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2018–2022 (USD MILLION) 287
TABLE 452 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY END USER, 2023–2028 (USD MILLION) 287
TABLE 453 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2018–2022 (USD MILLION) 287
TABLE 454 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY TECHNOLOGY PROVIDER, 2023–2028 (USD MILLION) 288
TABLE 455 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2018–2022 (USD MILLION) 288
TABLE 456 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET, BY INSURANCE PROVIDER, 2023–2028 (USD MILLION) 288
12 COMPETITIVE LANDSCAPE 289
12.1 INTRODUCTION 289
12.2 STRATEGIES ADOPTED BY KEY PLAYERS 289
12.2.1 OVERVIEW OF STRATEGIES ADOPTED BY KEY CYBERSECURITY INSURANCE TECHNOLOGY VENDORS 289
12.3 MARKET SHARE ANALYSIS OF TOP MARKET PLAYERS 290
TABLE 457 CYBERSECURITY INSURANCE MARKET: DEGREE OF COMPETITION 290
12.4 HISTORIC REVENUE ANALYSIS 291
FIGURE 36 HISTORIC THREE-YEAR REVENUE ANALYSIS OF LEADING CYBERSECURITY INSURANCE PROVIDERS, 2020–2022 (USD MILLION) 291
12.5 COMPANY EVALUATION QUADRANT 291
12.5.1 STARS 292
12.5.2 EMERGING LEADERS 292
12.5.3 PERVASIVE PLAYERS 292
12.5.4 PARTICIPANTS 292
FIGURE 37 CYBERSECURITY INSURANCE MARKET (GLOBAL): COMPANY EVALUATION MATRIX, 2022 293
12.6 STARTUP/SME EVALUATION MATRIX, 2022 294
12.6.1 PROGRESSIVE COMPANIES 294
12.6.2 RESPONSIVE COMPANIES 294
12.6.3 DYNAMIC COMPANIES 294
12.6.4 STARTING BLOCKS 294
FIGURE 38 CYBERSECURITY INSURANCE MARKET (GLOBAL): STARTUP/SME EVALUATION MATRIX, 2022 295
12.7 RANKING OF KEY TECHNOLOGY PLAYERS IN CYBERSECURITY INSURANCE MARKET, 2022 296
FIGURE 39 RANKING OF KEY TECHNOLOGY PLAYERS, 2022 296
12.8 RANKING OF KEY INSURANCE PROVIDERS IN CYBERSECURITY INSURANCE MARKET, 2022 296
FIGURE 40 RANKING OF CYBERSECURITY INSURANCE PROVIDERS, 2022 296
12.9 COMPETITIVE BENCHMARKING 297
TABLE 458 CYBERSECURITY INSURANCE MARKET: DETAILED LIST OF KEY STARTUPS/SMES 297
TABLE 459 CYBERSECURITY INSURANCE MARKET: COMPETITIVE BENCHMARKING OF KEY STARTUPS/SMES 298
TABLE 460 CYBERSECURITY INSURANCE MARKET: COMPETITIVE BENCHMARKING OF MAJOR PLAYERS 299
12.10 COMPETITIVE SCENARIO 300
12.10.1 PRODUCT LAUNCHES 300
TABLE 461 PRODUCT LAUNCHES, 2019–2022 300
12.10.2 DEALS 302
TABLE 462 DEALS, 2020–2022 302
12.10.3 OTHERS 305
TABLE 463 OTHERS, 2021 305

13 COMPANY PROFILES 306
13.1 INTRODUCTION 306
(Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)*
13.2 TECHNOLOGY PROVIDERS 306
13.2.1 BITSIGHT 306
TABLE 464 BITSIGHT: BUSINESS OVERVIEW 306
TABLE 465 BITSIGHT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 307
TABLE 466 BITSIGHT: PRODUCT LAUNCHES 307
TABLE 467 BITSIGHT: DEALS 308
13.2.2 PREVALENT 310
TABLE 468 PREVALENT: BUSINESS OVERVIEW 310
TABLE 469 PREVALENT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 310
TABLE 470 PREVALENT: PRODUCT LAUNCHES 311
TABLE 471 PREVALENT: DEALS 312
13.2.3 REDSEAL 314
TABLE 472 REDSEAL: BUSINESS OVERVIEW 314
TABLE 473 REDSEAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED 314
TABLE 474 REDSEAL: PRODUCT LAUNCHES 315
13.2.4 SECURITYSCORECARD 317
TABLE 475 SECURITYSCORECARD: BUSINESS OVERVIEW 317
TABLE 476 SECURITYSCORECARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 317
TABLE 477 SECURITYSCORECARD: PRODUCT LAUNCHES 318
TABLE 478 SECURITYSCORECARD: DEALS 319
13.2.5 CYBER INDEMNITY SOLUTIONS 321
TABLE 479 CYBER INDEMNITY SOLUTIONS: BUSINESS OVERVIEW 321
TABLE 480 CYBER INDEMNITY SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED 321
13.2.6 CISCO 323
TABLE 481 CISCO: BUSINESS OVERVIEW 323
FIGURE 41 CISCO: COMPANY SNAPSHOT 324
TABLE 482 CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED 324
TABLE 483 CISCO: DEALS 325
TABLE 484 CISCO: OTHERS 325
13.2.7 UPGUARD 326
TABLE 485 UPGUARD: BUSINESS OVERVIEW 326
TABLE 486 UPGUARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED 326
TABLE 487 UPGUARD: PRODUCT LAUNCHES 327
13.2.8 MICROSOFT 328
TABLE 488 MICROSOFT: BUSINESS OVERVIEW 328
FIGURE 42 MICROSOFT: COMPANY SNAPSHOT 329
TABLE 489 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 329
TABLE 490 MICROSOFT: PRODUCT LAUNCHES 330
TABLE 491 MICROSOFT: DEALS 330
13.2.9 CHECK POINT 331
TABLE 492 CHECK POINT: BUSINESS OVERVIEW 331
FIGURE 43 CHECK POINT: COMPANY SNAPSHOT 332
TABLE 493 CHECK POINT: PRODUCTS/SOLUTIONS/SERVICES OFFERED 332
TABLE 494 CHECK POINT: DEALS 333
13.2.10 ATTACKIQ 334
TABLE 495 ATTACKIQ: BUSINESS OVERVIEW 334
TABLE 496 ATTACKIQ: PRODUCTS/SOLUTIONS/SERVICES OFFERED 334
TABLE 497 ATTACKIQ: PRODUCT LAUNCHES 335
TABLE 498 ATTACKIQ: DEALS 335
13.2.11 SENTINELONE 336
13.2.12 BROADCOM 337
13.2.13 ACCENTURE 338
13.2.14 CYLANCE 340
13.2.15 TRELLIX 341
13.2.16 CYBERARK 342
13.2.17 CYE 343
13.2.18 SECURIT360 343
13.2.19 FOUNDER SHIELD 344
13.3 INSURANCE PROVIDERS 345
13.3.1 CHUBB 345
13.3.2 AXA XL 346
13.3.3 AIG 347
13.3.4 TRAVELERS 348
13.3.5 BEAZLEY 349
13.3.6 ALLIANZ 350
13.3.7 AON 351
13.3.8 ARTHUR J. GALLAGHER 352
13.3.9 AXIS CAPITAL 353
13.3.10 CNA 354
13.3.11 FAIRFAX 355
13.3.12 LIBERTY MUTUAL HOLDING 355
13.3.13 LLOYD’S OF LONDON 356
13.3.14 LOCKTON 357
13.3.15 MUNICH RE 358
13.3.16 SOMPO INTERNATIONAL 358
13.4 STARTUPS/SMES 359
13.4.1 AT-BAY 359
13.4.2 CYBERNANCE 360
13.4.3 COALITION 361
13.4.4 RESILIENCE 362
13.4.5 KOVRR 363
13.4.6 SAYATA LABS 364
13.4.7 ZEGURO 364
13.4.8 IVANTI 365
13.4.9 SAFEBREACH 366
13.4.10 CRONUS CYBER TECHNOLOGIES 366
*Details on Business Overview, Products/Solutions/Services Offered, Recent Developments, MnM view (Key strengths/Right to win, Strategic choices made, Weakness/competitive threats)* might not be captured in case of unlisted companies.
14 ADJACENT AND RELATED MARKETS 367
14.1 INTRODUCTION 367
14.1.1 LIMITATIONS 367
14.2 CYBERSECURITY MARKET– GLOBAL FORECAST TO 2027 367
14.2.1 MARKET DEFINITION 367
14.2.2 MARKET OVERVIEW 368
14.2.2.1 Cybersecurity market, by component 368
TABLE 499 CYBERSECURITY MARKET, BY COMPONENT, 2016–2021 (USD MILLION) 368
TABLE 500 CYBERSECURITY MARKET, BY COMPONENT, 2022–2027 (USD MILLION) 369
14.2.2.2 Cybersecurity market, by software 369
TABLE 501 CYBERSECURITY MARKET, BY SOFTWARE, 2016–2021 (USD MILLION) 369
TABLE 502 CYBERSECURITY MARKET, BY SOFTWARE, 2022–2027 (USD MILLION) 370
14.2.2.3 Cybersecurity market, by service 370
TABLE 503 CYBERSECURITY MARKET, BY SERVICE, 2016–2021 (USD MILLION) 370
TABLE 504 CYBERSECURITY MARKET, BY SERVICE, 2022–2027 (USD MILLION) 371
14.2.2.4 Cybersecurity market, by security type 371
TABLE 505 CYBERSECURITY MARKET, BY SECURITY TYPE, 2016–2021 (USD MILLION) 371
TABLE 506 CYBERSECURITY MARKET, BY SECURITY TYPE, 2022–2027 (USD MILLION) 371
14.2.2.5 Cybersecurity market, by vertical 372
TABLE 507 CYBERSECURITY MARKET, BY VERTICAL, 2016–2021 (USD MILLION) 372
TABLE 508 CYBERSECURITY MARKET, BY VERTICAL, 2022–2027 (USD MILLION) 373
14.2.2.6 Cybersecurity market, by region 373
TABLE 509 CYBERSECURITY MARKET, BY REGION, 2016–2021 (USD MILLION) 373
TABLE 510 CYBERSECURITY MARKET, BY REGION, 2022–2027 (USD MILLION) 374
14.3 DIGITAL INSURANCE PLATFORM MARKET 374
14.3.1 INTRODUCTION 374
14.3.2 DIGITAL INSURANCE PLATFORM MARKET, BY COMPONENT 374
TABLE 511 DIGITAL INSURANCE PLATFORM MARKET, BY COMPONENT, 2016–2023 (USD BILLION) 374
14.3.3 DIGITAL INSURANCE PLATFORM MARKET, BY END USER 375
TABLE 512 DIGITAL INSURANCE PLATFORM MARKET, BY END USER, 2016–2023 (USD BILLION) 375
14.4 INSURANCE ANALYTICS MARKET 375
14.4.1 INTRODUCTION 375
14.4.2 INSURANCE ANALYTICS MARKET, BY COMPONENT 376
TABLE 513 INSURANCE ANALYTICS MARKET, BY COMPONENT, 2016–2019 (USD MILLION) 376
TABLE 514 INSURANCE ANALYTICS MARKET, BY COMPONENT, 2020–2026 (USD MILLION) 376
14.4.3 INSURANCE ANALYTICS MARKET, BY END USER 376
TABLE 515 INSURANCE ANALYTICS MARKET, BY END USER, 2016–2019 (USD MILLION) 376
TABLE 516 INSURANCE ANALYTICS MARKET, BY END USER, 2020–2026 (USD MILLION) 377
15 APPENDIX 378
15.1 DISCUSSION GUIDE 378
15.2 KNOWLEDGESTORE: MARKETSANDMARKETS’ SUBSCRIPTION PORTAL 383
15.3 CUSTOMIZATION OPTIONS 385
15.4 RELATED REPORTS 385
15.5 AUTHOR DETAILS 386