Cybersecurity Insurance Market

Cybersecurity Insurance Market by Component (Solutions and Services), Type (Standalone & Packaged), Coverage (Data Breach & Cyber Liability), Organization Size, End User (Technology & Insurance) and Region - Global Forecast to 2027

Report Code: TC 7758 Jun, 2022, by marketsandmarkets.com

[313 Pages Report] The global Cybersecurity Insurance Market size is projected to grow from USD 11.9 billion in 2022 to USD 29.2 billion by 2027, at a CAGR of 19.6 during the forecast period. The major factors driving the market include the increasing number of sophisticated cyber-attacks amplifying the fear of financial losses, and growing need for compliance with various upcoming regulations.

Cybersecurity Insurance Market

To know about the assumptions considered for the study, Request for Free Sample Report

COVID-19 Impact

Amidst the COVID-19 pandemic crisis, various governments and regulatory authorities mandate both public and private organizations to embrace new practices for working remotely and maintaining social distancing. Since then, the digital ways of doing business became the new business continuity plan (BCP) for various organizations. With the widespread use of BYOD device, WFH trend, and internet penetration across the corners of the globe, individuals are progressively inclined towards the use of digital technologies, driving the need for cyber insurance measures for protection against the aftermath of cyber-attacks. Cyber insurance solutions enable organizations to ensure business continuity and maintain their security postures from the threat of cybercrimes and malicious threat actors.

Market Dynamics

Driver:  Surge in mandatory cybersecurity regulations and legislations regarding cybersecurity to boost demand for insurance protection

The government regulatory bodies and law enforcement agencies worldwide have taken numerous initiatives to tighten data security and protection. With the advent of COVID-19, the need for a cybersecurity insurance policy has been realized by policyholders, brokers, insurers, and agents. For example, in February 2020, the Californian assembly introduced a bill to make cybersecurity insurance mandatory to process regulated and protected personal information for all state contractors. The rise in data privacy laws such as the Personally Identifiable Information (PII) and the Health Insurance Portability and Accountability Act (HIPAA) in the US, the global standard, Payment Card Industry Data Security Standard (PCI DSS), and the European Union’s (EU) General Data Protection Regulation (GDPR) are persuading insurance providers to focus on cybersecurity insurance measures. The increasing digitization has led to a tremendous growth in the rate of cyberattacks, more so during the COVID-19 pandemic. Hence, complex governance requirements and regulations in data security are expected to drive the adoption of the cybersecurity insurance market in future.

Restraint: Soaring cybersecurity insurance costs

The higher cost of cybersecurity insurance is one of the major factors hindering the growth of the cybersecurity insurance market. Insurance companies had to pay out expensive claims due to the ransomware attacks in the last two to three years. Even if the cybersecurity insurance companies do not cover the ransom amount, the cost of recovery for the compromised system is high. Cybersecurity insurance companies are increasing the coverage costs to cover the additional costs due to the added services, such as negotiation with hackers and assistance for data recovery during a ransomware attack. The rising prices of cybersecurity insurance has slowed down the adoption as the organizations are more focused on the increasing the cyber security rather than pay the insurance premium.

Opportunity: Adoption of artificial intelligence AI and blockchain technology for risk analytics

AI and blockchain are among the recent trending technologies that are expected to add advanced capabilities to risk analytics solutions and open new growth avenues. The integration of these technologies with risk analytics solutions would address some of the key challenges and pain points faced by cybersecurity insurance companies. The advent of advanced technologies facilitates faster transactions and settlements, which helps financial institutions and their customers conduct transactions more easily while eliminating the intermediary charging fee. Risk analytics solutions play a key role in analyzing claims, managing reserves, and providing policy coverage. Insurance underwriting is another area where risk analytics solutions are becoming crucial to better assess risks and make informed decisions. There are various vendors in the market who have started integrating advanced techniques, such as statistical modeling, image processing, and ML, to quickly analyze data and generate insights. Vendors in the market are also providing platforms for offering rapid visualization capabilities to help underwriters make informed decisions.

Challenge:  Despite soaring cybersecurity risks, cyber insurers grapple to gain traction

Despite of the rise in the number of security incidents, insurance companies are struggling to sell standalone cybersecurity insurance policies. Mid-sized enterprises, with rise in ransomware and security incidents, are slow when it comes to adopting standalone cybersecurity insurance policies. As per the 2018 Allianz Risk Barometer report, cyber risks is the major concern for risk managers of both SMEs and large enterprises in the US. In 2018, the net written premiums in the US, including standalone policies and standard commercial policies totaled only USD 1.94 billion. As per Global Cyber Risk Perception Survey 2019, conducted in partnership with Microsoft, revealed that 43% of enterprises with annual revenues below USD 1 billion, did not have a standalone cybersecurity insurance policy. High costs, less coverage limits, complex coverage terms, and lack of awareness related to cybersecurity insurance policies are some of the factors that is inhibiting the growth of the cybersecurity insurance market.

By Organization size, the large enterprise segment to hold the largest market size during the forecast period

Large enterprises are organizations that have more than 1,000 employees. These organizations invest heavily in advanced technologies for increasing overall productivity and efficiency. Large enterprises are widely opting cybersecurity insurance solutions and are expected to invest significantly in advanced cybersecurity insurance solutions to provide optimum security to their enterprises’ intense competitive environment.

Large enterprises have adopted cybersecurity insurance solutions, as they use a large number of cloud and Internet of Things (IoT)-based applications that are highly susceptible to cyberattacks. Moreover, stringent regulatory pressure is driving cyber risk awareness with the need for cybersecurity insurance solutions. For example, in the US, CCPA is one of the toughest data privacy law.

North America is expected to hold the largest market size during the forecast period.

North America has sustainable and well-established economies, which empower it to invest significantly in Research and Development (R&D) activities, thereby contributing to the development of new technologies in the cybersecurity insurance market. The presence of majority of key players in the cybersecurity insurance market is expected to be the major factor driving the growth of the market in this region. Key players, such as BitsSight Technologies, Prevalent, RedSeal, SecurityScorecard, Cisco, Microsoft, UpGuard, FireEye, among others along with several start-ups such as At-Bay, Cybernance, Coalition, Arceo.ai, Zeguro, etc. in the region offer immense opportunity for the growth of cybersecurity insurance solutions and services.

Cybersecurity Insurance Market by Region

To know about the assumptions considered for the study, download the pdf brochure

Market Players:

The technology vendors covered in the cybersecurity insurance market report include 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), Cyence (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.

Get online access to the report on the World's First Market Intelligence Cloud

  • Easy to Download Historical Data & Forecast Numbers
  • Company Analysis Dashboard for high growth potential opportunities
  • Research Analyst Access for customization & queries
  • Competitor Analysis with Interactive dashboard
  • Latest News, Updates & Trend analysis
Request Sample

Scope of the Report

Report Metrics

Details

Market size available for years

2018-2027

Base year considered

2021

Forecast period

2022–2027

Forecast units

Value (USD) Million

Segments covered

Component, Insurance coverage, Insurance type, Organization size, End user, and Region

Region covered

North America, Europe, Asia Pacific, Middle East and Africa, and Latin America

Companies covered

Technology Vendors - 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).
Insurance Vendors - 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).
Start-up Vendors - At-Bay (US), Cybernance (US), CyberCube (US), Coalition (US), Arceo.ai (US), Kovrr (Israel), Sayata Labs (Israel), Zeguro (US), RiskSense (US), Cyence (US), SafeBreach (US), and Cronus Cyber Technologies (Israel).

This research report categorizes the cybersecurity insurance market to forecast revenues and analyze trends in each of the following submarkets:

Based on Component:

  • Solution
    • Cybersecurity insurance analytics platform
    • Disaster recovery and business continuity
    • Cybersecurity solution
      • Cyber risk and vulnerability assessment
      • Cybersecurity resilience
  • Service
    • Consulting/ Advisory
    • Security awareness training
    • Others (infrastructure services, implementation, and support and maintenance)

Based on insurance coverage:

  • Data breach
    • Data loss
    • Denial of service and down-time
    • Ransomware attacks
    • Others (third party data, business disruption, and social engineering)
  • Cyber liability
    • Type
      • Data protection and privacy costs
      • Non-compliance penalty
      • Brand and related intellectual property protection
      • Others (human error, systems failure, controls framework, Inadequate IT security measures, and non-security related IT)
    • Source/ Target
      • Internal
      • External

Based on the insurance type:

  • Packaged
  • Stand-alone

Based on the organization size:

  • Large Enterprises
  • SMEs

Based on the end user:

  • Technology provider
    • Insurance companies
    • Third-party administrators, brokers, and consultancies
    • Government agencies
  • Insurance provider
    • Financial services
    • IT and ITES
    • Healthcare and life science
    • Retail and ecommerce
    • Telecom
    • Travel, tourism, and hospitality
    • Others (Education, Manufacturing, Energy and Utilities, and Government)

By Region:

  • North America
    • United States (US)
    • Canada
  • Europe
    • UK
    • Germany
    • France
    • Rest of Europe
  • Asia Pacific
    • Australia and New Zealand
    • China
    • Japan
    • Singapore
    • Rest of APAC
  • Middle East and Africa
    • Middle East
    • Africa
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America

Recent Developments

  • In May 2022, Microsoft developed Defender to support security system of SMEs and reduce cyber risk. The solution provides end-point security, which includes Endpoint Detection and Response (EDR).
  • In October 2021, Prevalent developed Connector Marketplace and with enhanced capabilities which includes new ESG and regulatory findings to offer holistic view of enterprise risk management.
  • In September 2021, Microsoft partnered with At-Bay to support operation and develop data-driven cybersecurity insurance products offered by Microsoft.
  • In July 2020, Prevalent announced a new version of its Third-Party Risk Management Platform. The enhanced solution included the addition of 567,000 Vendor Threat Monitor (VTM) business risk intelligence sources to help enterprises identify and mitigates risks in real time. The enhanced platform leverages machine learning to assess enterprise risks and suggest remedial actions over time.
  • In June 2020, BitSight introduced new capabilities within its BitSight for Third-Party Risk Management solution. The enhanced solution would enable effective third-party cyber risk management to provide intelligent recommendations, risk management, and improve operational efficiencies across the extended business ecosystem.
  • In June 2020, SecurityScorecard introduced the availability of its products in the AWS Marketplace. SecurityScorecard’s products, such as Security Ratings and Atlas, would be available for the purchase in the AWS Marketplace. This would enable the increased adoption of Security Ratings platform in AWS marketplace. AWS customers can gain visibility over their security ratings and have a 360-degree view of their security ecosystem.

Frequently Asked Questions (FAQ):

To speak to our analyst for a discussion on the above findings, click Speak to Analyst

TABLE OF CONTENTS

1 INTRODUCTION (Page No. - 56)
    1.1 OBJECTIVES
    1.2 MARKET DEFINITION
           1.2.1 INCLUSIONS AND EXCLUSIONS
    1.3 MARKET SCOPE
           1.3.1 MARKET SEGMENTATION
           1.3.2 GEOGRAPHIC SCOPE
           1.3.3 YEARS CONSIDERED
    1.4 CURRENCY CONSIDERED
           TABLE 1 USD EXCHANGE RATES, 2018–2021
    1.5 SUMMARY OF CHANGES
    1.6 STAKEHOLDERS
    1.7 LIMITATIONS

2 RESEARCH METHODOLOGY (Page No. - 61)
    2.1 RESEARCH DATA
           FIGURE 1 CYBERSECURITY INSURANCE MARKET: RESEARCH DESIGN
           2.1.1 SECONDARY DATA
                    2.1.1.1 Secondary sources
           2.1.2 PRIMARY DATA
                    2.1.2.1 Breakup of primary profiles
                    2.1.2.2 Primary sources
                    2.1.2.3 Key industry insights
    2.2 MARKET BREAKUP AND DATA TRIANGULATION
    2.3 MARKET SIZE ESTIMATION
           2.3.1 TOP-DOWN APPROACH
                    FIGURE 2 MARKET SIZE ESTIMATION METHODOLOGY: TOP-DOWN APPROACH
           2.3.2 BOTTOM-UP APPROACH
                    FIGURE 3 MARKET SIZE ESTIMATION METHODOLOGY: BOTTOM-UP APPROACH
                    FIGURE 4 MARKET SIZE ESTIMATION METHODOLOGY–APPROACH 1 (SUPPLY SIDE): REVENUE FROM SOLUTIONS/SERVICES AND INSURANCE OF CYBERSECURITY INSURANCE VENDORS
                    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
                    FIGURE 6 MARKET SIZE ESTIMATION METHODOLOGY–APPROACH 3, TOP DOWN  (DEMAND SIDE): SHARE OF CYBERSECURITY INSURANCE IN THE OVERALL INFORMATION TECHNOLOGY MARKET
    2.4 MARKET FORECAST
           TABLE 2 FACTOR ANALYSIS
    2.5 ASSUMPTIONS
    2.6 LIMITATIONS

3 EXECUTIVE SUMMARY (Page No. - 74)
    FIGURE 7 NUMBER OF CYBERATTACK EVENTS, 2018 VS. 2019 VS. 2020
    FIGURE 8 TYPE OF DATA LOST DURING DATA BREACH
    3.1 CYBERSECURITY INSURANCE COVERAGE
           FIGURE 9 DISTRIBUTION OF CYBERATTACK EVENTS, Q1 2020
    3.2 CYBERSECURITY INSURANCE CLAIMS
           FIGURE 10 CAUSE OF FOR CYBER LOSSES COVERED BY CYBERSECURITY INSURANCE
           FIGURE 11 CYBERSECURITY INSURANCE MARKET SIZE, 2020–2027
           FIGURE 12 SERVICES SEGMENT TO GROW AT HIGHER GROWTH RATE DURING FORECAST PERIOD
           FIGURE 13 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS SEGMENT TO LEAD  MARKET IN 2022
           FIGURE 14 CYBER LIABILITY SEGMENT TO GROW AT HIGHER GROWTH RATE DURING FORECAST PERIOD
           FIGURE 15 STANDALONE SEGMENT TO GROW AT HIGHER GROWTH RATE DURING FORECAST PERIOD
           FIGURE 16 SMALL- AND MEDIUM-SIZED SEGMENT TO GROW AT HIGHER GROWTH RATE DURING FORECAST PERIOD
           FIGURE 17 INSURANCE PROVIDER SEGMENT TO GROW AT HIGHER GROWTH RATE DURING FORECAST PERIOD
           FIGURE 18 GROWING SEGMENTS IN MARKET, 2022–2027
           FIGURE 19 MARKET: REGIONAL SNAPSHOT

4 PREMIUM INSIGHTS (Page No. - 83)
    4.1 ATTRACTIVE OPPORTUNITIES IN CYBERSECURITY INSURANCE MARKET
           FIGURE 20 INCREASING CYBER AND RANSOMWARE ATTACKS TO DRIVE MARKET GROWTH
    4.2 NORTH AMERICA: MARKET, BY SOLUTION AND INSURANCE COVERAGE (2022)
           FIGURE 21 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS AND CYBER LIABILITY SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE IN 2022
    4.3 EUROPE: MARKET, BY SOLUTION AND INSURANCE COVERAGE (2022)
           FIGURE 22 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS AND CYBER LIABILITY SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE IN 2022
    4.4 ASIA PACIFIC: MARKET, BY SOLUTION AND INSURANCE COVERAGE (2022)
           FIGURE 23 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS AND CYBER LIABILITY SEGMENT TO ACCOUNT FOR LARGEST MARKET SIZE IN 2022
    4.5 MARKET: MAJOR COUNTRIES
           FIGURE 24 SINGAPORE TO GROW AT HIGHEST RATE DURING FORECAST PERIOD

5 MARKET OVERVIEW (Page No. - 86)
    5.1 MARKET DYNAMICS
           FIGURE 25 CYBERSECURITY INSURANCE MARKET: DRIVERS, RESTRAINTS, OPPORTUNITIES, AND CHALLENGES
           5.1.1 DRIVERS
                    5.1.1.1 Surge in mandatory cybersecurity regulations and legislation to boost demand for insurance protection
                    5.1.1.2 High rate of recovery of financial losses to promote market growth
                               FIGURE 26 CYBERSECURITY INSURANCE RECOVERY OF FUND AFTER CYBER INCIDENT, 2018
                    5.1.1.3 Increase in frequency and sophistication of cyber threats
                               FIGURE 27 CYBERATTACKS CAUSING MORE THAN USD ONE MILLION LOSSES, 2018
           5.1.2 RESTRAINTS
                    5.1.2.1 Lack of awareness related to cybersecurity insurance and reluctance in choosing cybersecurity insurance over cybersecurity solutions
                    5.1.2.2 Soaring cybersecurity insurance costs
                               TABLE 3 DIRECT WRITTEN PREMIUMS YOY GROWTH OF STANDALONE AND  PACKAGE CYBERSECURITY INSURANCE UNDERWRITERS
           5.1.3 OPPORTUNITIES
                    5.1.3.1 Exclusion of cybersecurity insurance cover from Property and Casualty (P&C) insurance
                    5.1.3.2 Adoption of artificial intelligence and blockchain technology for risk analytics
           5.1.4 CHALLENGES
                    5.1.4.1 Cyber insurers grapple to gain traction despite soaring cybersecurity risks
                    5.1.4.2 Data privacy concerns
                    5.1.4.3 Lack of understanding, technical knowledge, and absence of historical cyber data for effective underwriting
    5.2 COVID-19-DRIVEN MARKET DYNAMICS
           5.2.1 DRIVERS AND OPPORTUNITIES
           5.2.2 RESTRAINTS AND CHALLENGES
           5.2.3 CUMULATIVE GROWTH ANALYSIS
    5.3 VALUE CHAIN ANALYSIS
           FIGURE 28 VALUE CHAIN ANALYSIS: CYBERSECURITY INSURANCE MARKET
    5.4 ECOSYSTEM
           TABLE 4 MARKET: ECOSYSTEM
    5.5 AVERAGE SELLING PRICE TREND
           5.5.1 CYBERSECURITY INSURANCE AVERAGE SELLING PRICE FOR SMALL- AND MEDIUM-SIZED ENTERPRISES
                    FIGURE 29 CYBERSECURITY INSURANCE AVERAGE SELLING PRICE TREND IN SMALL- AND MEDIUM-SIZED ENTERPRISES
                    FIGURE 30 CYBERSECURITY INSURANCE AVERAGE SELLING PRICE, BY EMPLOYEE SIZE
           5.5.2 CYBERSECURITY INSURANCE PREMIUMS TREND
                    TABLE 5 CYBERSECURITY INSURANCE PREMIUMS TREND
    5.6 TECHNOLOGY ANALYSIS
           5.6.1 ARTIFICIAL INTELLIGENCE AND MACHINE LEARNING
           5.6.2 BIG DATA ANALYTICS
           5.6.3 INTERNET OF THINGS SECURITY
           5.6.4 BLOCKCHAIN
           5.6.5 CLOUD
    5.7 CYBERSECURITY REGULATORY IMPLICATIONS
           5.7.1 GENERAL DATA PROTECTION REGULATION
           5.7.2 PAYMENT CARD INDUSTRY-DATA SECURITY STANDARD
           5.7.3 HEALTH INSURANCE PORTABILITY AND ACCOUNTABILITY ACT
           5.7.4 FEDERAL INFORMATION SECURITY MANAGEMENT ACT
           5.7.5 GRAMM-LEACH-BLILEY ACT
           5.7.6 SARBANES-OXLEY ACT
           5.7.7 INTERNATIONAL ORGANIZATION FOR STANDARDIZATION 27001
    5.8 USE CASES
           5.8.1 EUROPEAN FINANCIAL SERVICE PROVIDERS LEVERAGED  BITSIGHT FOR SECURITY PERFORMANCE MANAGEMENT
           5.8.2 COUNTRY MUTUAL INSURANCE COMPANY LEVERAGED CYBERARK’S PRIVILEGED SECURITY ACCESS PLATFORM
           5.8.3 A GLOBAL 500 INSURANCE COMPANY CHOSE PREVALENT’S  THIRD-PARTY RISK MANAGEMENT SOLUTION
           5.8.4 AON SECURED FINANCIAL INSTITUTION’S FUNDS AND  DATA FROM THIRD-PARTY CYBER RISKS
           5.8.5 CHUBB’S CYBERSECURITY INSURANCE COVER ASSISTED A SMALL- AND MEDIUM-SIZED ENTERPRISE IN RECOVERING THEIR FINANCIAL LOSSES
    5.9 PATENT ANALYSIS
           FIGURE 31 TOP TEN COMPANIES WITH HIGHEST NUMBER OF PATENT APPLICATIONS
           TABLE 6 TOP TWENTY PATENT OWNERS (UNITED STATES)
           FIGURE 32 NUMBER OF PATENTS GRANTED IN A YEAR, 2011–2021
    5.10 PORTER’S FIVE FORCES MODEL
           TABLE 7 CYBERSECURITY INSURANCE MARKET: PORTER’S FIVE FORCES
           5.10.1 THREAT OF NEW ENTRANTS
           5.10.2 THREAT OF SUBSTITUTES
           5.10.3 BARGAINING POWER OF SUPPLIERS
           5.10.4 BARGAINING POWER OF BUYERS
           5.10.5 INTENSITY OF COMPETITIVE RIVALRY

6 CYBERSECURITY INSURANCE MARKET, BY COMPONENT (Page No. - 107)
    6.1 INTRODUCTION
           FIGURE 33 SERVICES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           TABLE 8 COMPONENT: MARKET SIZE, 2018–2021 (USD MILLION)
           TABLE 9 COMPONENT: MARKET SIZE, 2022–2027 (USD MILLION)
           TABLE 10 COMPONENT: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
           TABLE 11 COMPONENT: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           6.1.1 COMPONENT: MARKET DRIVERS
           6.1.2 COMPONENT: COVID-19 IMPACT
    6.2 SOLUTIONS
           6.2.1 TO PROVIDE HIGH DATA SECURITY AND PREVENT DATA BREACHES
                    FIGURE 34 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
                    TABLE 12 MARKET SIZE, BY SOLUTION, 2018–2021 (USD MILLION)
                    TABLE 13 MARKET SIZE, BY SOLUTION, 2022–2027 (USD MILLION)
                    TABLE 14 SOLUTIONS: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 15 SOLUTIONS: CYBERSECURITY INSURANCE MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           6.2.2 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS
                    TABLE 16 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 17 CYBERSECURITY INSURANCE ANALYTICS PLATFORMS: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           6.2.3 DISASTER RECOVERY AND BUSINESS CONTINUITY
                    TABLE 18 DISASTER RECOVERY AND BUSINESS CONTINUITY: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 19 DISASTER RECOVERY AND BUSINESS CONTINUITY: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           6.2.4 CYBERSECURITY SOLUTIONS
                    6.2.4.1 Cyber risk and vulnerability assessment
                    6.2.4.2 Cybersecurity resilience
                               TABLE 20 CYBERSECURITY SOLUTIONS: CYBERSECURITY INSURANCE MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                               TABLE 21 CYBERSECURITY SOLUTIONS: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
    6.3 SERVICES
           6.3.1 NEED FOR PROFESSIONAL CONSULTANTS TO PROVIDE 24/7 SERVICE RESPONSE
                    FIGURE 35 SECURITY AWARENESS TRAINING SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
                    TABLE 22 SERVICES: MARKET SIZE, 2018–2021 (USD MILLION)
                    TABLE 23 SERVICES: MARKET SIZE, 2022–2027 (USD MILLION)
                    TABLE 24 SERVICES: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 25 SERVICES: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           6.3.2 CONSULTING/ADVISORY
                    TABLE 26 CONSULTING/ADVISORY: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 27 CONSULTING/ADVISORY: MARKET SIZE, BY REGION, 2022–2027(USD MILLION)
           6.3.3 SECURITY AWARENESS TRAINING
                    TABLE 28 SECURITY AWARENESS TRAINING: CYBERSECURITY INSURANCE MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 29 SECURITY AWARENESS TRAINING: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           6.3.4 OTHER SERVICES
                    TABLE 30 OTHER SERVICES: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 31 OTHER SERVICES: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)

7 CYBERSECURITY INSURANCE MARKET, BY INSURANCE COVERAGE (Page No. - 121)
    7.1 INTRODUCTION
           FIGURE 36 CYBER LIABILITY SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           TABLE 32 INSURANCE COVERAGE: MARKET SIZE, 2018–2021 (USD MILLION)
           TABLE 33 INSURANCE COVERAGE: MARKET SIZE, 2022–2027 (USD MILLION)
           TABLE 34 INSURANCE COVERAGE: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
           TABLE 35 INSURANCE COVERAGE: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           7.1.1 INSURANCE COVERAGE: MARKET DRIVERS
           7.1.2 INSURANCE COVERAGE: COVID-19 IMPACT
    7.2 DATA BREACH
           7.2.1 TO PROTECT BUSINESS AGAINST SECURITY AND CYBER BREACHES
                    TABLE 36 DATA BREACH: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 37 DATA BREACH: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           7.2.2 DATA LOSS
           7.2.3 DENIAL OF SERVICE AND DOWNTIME
           7.2.4 RANSOMWARE ATTACKS
           7.2.5 OTHER PROVIDERS
    7.3 CYBER LIABILITY
           7.3.1 TO REDUCE DATA RECOVERY COST FROM DATA BREACHES AND CYBERATTACKS
                    TABLE 38 CYBER LIABILITY: CYBERSECURITY INSURANCE MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 39 CYBER LIABILITY: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           7.3.2 TYPE
                    7.3.2.1 Data protection and privacy costs
                    7.3.2.2 Non-compliance penalty
                    7.3.2.3 Brand and related intellectual property protection
                    7.3.2.4 Other cyber liability type
           7.3.3 SOURCE/TARGET
                    7.3.3.1 Internal
                    7.3.3.2 External

8 CYBERSECURITY INSURANCE MARKET, BY INSURANCE TYPE (Page No. - 129)
    8.1 INTRODUCTION
           FIGURE 37 STANDALONE SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           TABLE 40 MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
           TABLE 41 MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
           TABLE 42 INSURANCE TYPE: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
           TABLE 43 INSURANCE TYPE: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           8.1.1 INSURANCE TYPES: MARKET DRIVERS
           8.1.2 INSURANCE TYPES: COVID-19 IMPACT
    8.2 PACKAGED
           8.2.1 TO ENHANCE DIGITAL TRANSFORMATION AND SUPPORT TRADITIONAL POLICIES
                    TABLE 44 PACKAGED: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 45 PACKAGED: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
    8.3 STANDALONE
           8.3.1 TO MANAGE COMPLEX CYBER RISKS AND IMPROVE CYBER RISK PROTECTION
                    TABLE 46 STANDALONE: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 47 STANDALONE: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)

9 CYBERSECURITY INSURANCE MARKET, BY ORGANIZATION SIZE (Page No. - 134)
    9.1 INTRODUCTION
           FIGURE 38 SMALL- AND MEDIUM-SIZED ENTERPRISES SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
           TABLE 48 MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021(USD MILLION)
           TABLE 49 MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027(USD MILLION)
           TABLE 50 ORGANIZATION SIZE: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
           TABLE 51 ORGANIZATION SIZE: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
           9.1.1 ORGANIZATION SIZE: MARKET DRIVERS
           9.1.2 ORGANIZATION SIZE: COVID-19 IMPACT
    9.2 LARGE ENTERPRISES
           9.2.1 LARGE ENTERPRISES DEVELOPING A STRONG SECURITY SYSTEM TO PREVENT CYBERATTACKS
                    TABLE 52 LARGE ENTERPRISES: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 53 LARGE ENTERPRISES: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
    9.3 SMALL- AND MEDIUM-SIZED ENTERPRISES
           9.3.1 TO REDUCE FINANCIAL LOSSES DUE TO CYBERATTACKS
                    TABLE 54 SMALL- AND MEDIUM-SIZED ENTERPRISES: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                    TABLE 55 SMALL- AND MEDIUM-SIZED ENTERPRISES: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)

10 CYBERSECURITY INSURANCE MARKET, BY END USER (Page No. - 139)
     10.1 INTRODUCTION
               FIGURE 39 INSURANCE PROVIDER SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD
               TABLE 56 MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
               TABLE 57 MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
               TABLE 58 END USERS: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
               TABLE 59 END USERS: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
             10.1.1 END USERS: MARKET DRIVERS
             10.1.2 END USERS: COVID-19 IMPACT
     10.2 TECHNOLOGY PROVIDERS
             10.2.1 NEED FOR CYBERSECURITY INSURANCE PACKAGES HAS INCREASED TO SUPPORT DIGITAL TRANSFORMATION
             10.2.2 END USERS: CYBERSECURITY INSURANCE MARKET DRIVERS
                       FIGURE 40 GOVERNMENT AGENCIES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
                       TABLE 60 MARKET SIZE, BY TECHNOLOGY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 61 MARKET SIZE, BY TECHNOLOGY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 62 TECHNOLOGY PROVIDERS: MARKET SIZE, BY REGION, 2018–2021(USD MILLION)
                       TABLE 63 TECHNOLOGY PROVIDERS: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
             10.2.3 INSURANCE COMPANIES
                       TABLE 64 INSURANCE COMPANIES: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 65 INSURANCE COMPANIES: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
             10.2.4 THIRD-PARTY ADMINISTRATORS, BROKERS, AND CONSULTANCIES
                       TABLE 66 THIRD-PARTY ADMINISTRATORS, BROKERS, AND CONSULTANCIES: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 67 THIRD-PARTY ADMINISTRATORS, BROKERS, AND CONSULTANCIES: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
             10.2.5 GOVERNMENT AGENCIES
                       TABLE 68 GOVERNMENT AGENCIES: CYBERSECURITY INSURANCE MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 69 GOVERNMENT AGENCIES: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
     10.3 INSURANCE PROVIDERS
             10.3.1 TO UNDERWRITE INSURANCE POLICIES FOR IMPROVING CYBERSECURITY SYSTEMS OF ORGANIZATIONS
                       FIGURE 41 HEALTHCARE AND LIFE SCIENCES SEGMENT TO GROW AT HIGHEST CAGR DURING FORECAST PERIOD
                       TABLE 70 MARKET SIZE, BY INSURANCE PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 71 MARKET SIZE, BY INSURANCE PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 72 INSURANCE PROVIDERS: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 73 INSURANCE PROVIDERS: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
             10.3.2 FINANCIAL SERVICES
                       TABLE 74 FINANCIAL SERVICES: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 75 FINANCIAL SERVICES: CYBERSECURITY INSURANCE MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
                       TABLE 76 IT AND ITES: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 77 IT AND ITES: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
             10.3.3 HEALTHCARE AND LIFE SCIENCES
                       TABLE 78 HEALTHCARE AND LIFE SCIENCES: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 79 HEALTHCARE AND LIFE SCIENCES: MARKET SIZE, BY REGION, 2022–2027(USD MILLION)
             10.3.4 RETAIL AND ECOMMERCE
                       TABLE 80 RETAIL AND ECOMMERCE: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 81 RETAIL AND ECOMMERCE: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
             10.3.5 TELECOM
                       TABLE 82 TELECOM: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 83 TELECOM: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
             10.3.6 TRAVEL, TOURISM, AND HOSPITALITY
                       TABLE 84 TRAVEL, TOURISM, AND HOSPITALITY: CYBERSECURITY INSURANCE MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 85 TRAVEL, TOURISM, AND HOSPITALITY: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
             10.3.7 OTHER INSURANCE PROVIDERS
                       TABLE 86 OTHER INSURANCE PROVIDERS: MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
                       TABLE 87 OTHER INSURANCE PROVIDERS: MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)

11 CYBERSECURITY INSURANCE MARKET, BY REGION (Page No. - 156)
     11.1 INTRODUCTION
     11.2 COVID-19 IMPACT ON MARKET
               FIGURE 42 ASIA PACIFIC TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD
               FIGURE 43 SINGAPORE TO ACCOUNT FOR HIGHEST CAGR DURING FORECAST PERIOD
               FIGURE 44 ASIA PACIFIC: HOTSPOT FOR INVESTMENTS DURING FORECAST PERIOD
               TABLE 88 MARKET SIZE, BY REGION, 2018–2021 (USD MILLION)
               TABLE 89 MARKET SIZE, BY REGION, 2022–2027 (USD MILLION)
     11.3 NORTH AMERICA
             11.3.1 NORTH AMERICA: MARKET DRIVERS
             11.3.2 CYBERSECURITY SPENDING: NORTH AMERICA
                       TABLE 90 NORTH AMERICA, CYBERSECURITY SPENDING
             11.3.3 NORTH AMERICA: REGULATORY LANDSCAPE
                       TABLE 91 NORTH AMERICA: COUNTRY-WISE REGULATIONS BODIES
                       FIGURE 45 NORTH AMERICA: MARKET SNAPSHOT
                       FIGURE 46 INSURANCE PROVIDER SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD IN NORTH AMERICA
                       TABLE 92 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 93 NORTH AMERICA: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 94 NORTH AMERICA: MARKET SIZE, BY SOLUTION, 2018–2021 (USD MILLION)
                       TABLE 95 NORTH AMERICA: MARKET SIZE, BY SOLUTION, 2022–2027 (USD MILLION)
                       TABLE 96 NORTH AMERICA: MARKET SIZE, BY SERVICE, 2018–2021 (USD MILLION)
                       TABLE 97 NORTH AMERICA: MARKET SIZE, BY SERVICE, 2022–2027 (USD MILLION)
                       TABLE 98 NORTH AMERICA: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 99 NORTH AMERICA: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 100 NORTH AMERICA: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 101 NORTH AMERICA: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 102 NORTH AMERICA: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 103 NORTH AMERICA: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 104 NORTH AMERICA: MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 105 NORTH AMERICA: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 106 NORTH AMERICA: MARKET SIZE, BY TECHNOLOGY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 107 NORTH AMERICA: MARKET SIZE, BY TECHNOLOGY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 108 NORTH AMERICA: MARKET SIZE, BY INSURANCE PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 109 NORTH AMERICA: MARKET SIZE, BY INSURANCE PROVIDER, 2022–2027 (USD MILLION)
                       FIGURE 47 NORTH AMERICA: COUNTRY-WISE ANALYSIS
                       TABLE 110 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 111 NORTH AMERICA: MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
             11.3.4 UNITED STATES
                       TABLE 112 UNITED STATES: CYBERSECURITY INSURANCE MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 113 UNITED STATES: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 114 UNITED STATES: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 115 UNITED STATES: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 116 UNITED STATES: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 117 UNITED STATES: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 118 UNITED STATES: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 119 UNITED STATES: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 120 UNITED STATES: MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 121 UNITED STATES: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
             11.3.5 CANADA
                       TABLE 122 CANADA: CYBERSECURITY INSURANCE MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 123 CANADA: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 124 CANADA: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 125 CANADA: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 126 CANADA: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 127 CANADA: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 128 CANADA: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 129 CANADA: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 130 CANADA: MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 131 CANADA: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
     11.4 EUROPE
             11.4.1 EUROPE: MARKET DRIVERS
             11.4.2 CYBERSECURITY SPENDING: EUROPE
                       TABLE 132 EUROPE CYBERSECURITY SPENDING
             11.4.3 EUROPE: REGULATORY LANDSCAPE
                       TABLE 133 EUROPE: COUNTRY-WISE REGULATIONS BODIES
                       FIGURE 48 INSURANCE PROVIDER SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD IN EUROPE
                       TABLE 134 EUROPE: CYBERSECURITY INSURANCE MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 135 EUROPE: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 136 EUROPE: MARKET SIZE, BY SOLUTION, 2018–2021 (USD MILLION)
                       TABLE 137 EUROPE: MARKET SIZE, BY SOLUTION, 2022–2027 (USD MILLION)
                       TABLE 138 EUROPE: MARKET SIZE, BY SERVICE, 2018–2021 (USD MILLION)
                       TABLE 139 EUROPE: MARKET SIZE, BY SERVICE, 2022–2027 (USD MILLION)
                       TABLE 140 EUROPE: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 141 EUROPE: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 142 EUROPE: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 143 EUROPE: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 144 EUROPE: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 145 EUROPE: CYBERSECURITY INSURANCE MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 146 EUROPE: MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 147 EUROPE: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 148 EUROPE: MARKET SIZE, BY TECHNOLOGY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 149 EUROPE: MARKET SIZE, BY TECHNOLOGY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 150 EUROPE: MARKET SIZE, BY INSURANCE PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 151 EUROPE: MARKET SIZE, BY INSURANCE PROVIDER, 2022–2027 (USD MILLION)
                       FIGURE 49 EUROPE: COUNTRY-WISE ANALYSIS
                       TABLE 152 EUROPE: MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 153 EUROPE: MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
             11.4.4 UNITED KINGDOM
                       TABLE 154 UNITED KINGDOM: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 155 UNITED KINGDOM: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 156 UNITED KINGDOM: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 157 UNITED KINGDOM: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 158 UNITED KINGDOM: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 159 UNITED KINGDOM: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 160 UNITED KINGDOM: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 161 UNITED KINGDOM: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 162 UNITED KINGDOM: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 163 UNITED KINGDOM: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.4.5 GERMANY
                       TABLE 164 GERMANY: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 165 GERMANY: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 166 GERMANY: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 167 GERMANY: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 168 GERMANY: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 169 GERMANY: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 170 GERMANY: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 171 GERMANY: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 172 GERMANY: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 173 GERMANY: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.4.6 FRANCE
                       TABLE 174 FRANCE: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 175 FRANCE: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 176 FRANCE: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 177 FRANCE: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 178 FRANCE: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 179 FRANCE: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 180 FRANCE: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 181 FRANCE: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 182 FRANCE: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 183 FRANCE: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.4.7 REST OF EUROPE
                       TABLE 184 REST OF EUROPE: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 185 REST OF EUROPE: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 186 REST OF EUROPE: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 187 REST OF EUROPE: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 188 REST OF EUROPE: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 189 REST OF EUROPE: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 190 REST OF EUROPE: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 191 REST OF EUROPE: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 192 REST OF EUROPE: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 193 REST OF EUROPE: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
     11.5 ASIA PACIFIC
             11.5.1 ASIA PACIFIC: MARKET DRIVERS
             11.5.2 CYBERSECURITY SPENDING: ASIA PACIFIC
                       TABLE 194 ASIA PACIFIC, CYBERSECURITY SPENDING
             11.5.3 ASIA PACIFIC: REGULATORY LANDSCAPE
                       TABLE 195 ASIA PACIFIC: COUNTRY-WISE REGULATIONS BODIES
                       FIGURE 50 ASIA PACIFIC: MARKET SNAPSHOT
                       FIGURE 51 INSURANCE PROVIDER SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD IN ASIA PACIFIC
                       TABLE 196 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 197 ASIA PACIFIC: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 198 ASIA PACIFIC: MARKET SIZE, BY SOLUTION, 2018–2021 (USD MILLION)
                       TABLE 199 ASIA PACIFIC: MARKET SIZE, BY SOLUTION, 2022–2027 (USD MILLION)
                       TABLE 200 ASIA PACIFIC: MARKET SIZE, BY SERVICE, 2018–2021 (USD MILLION)
                       TABLE 201 ASIA PACIFIC: MARKET SIZE, BY SERVICE, 2022–2027 (USD MILLION)
                       TABLE 202 ASIA PACIFIC: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 203 ASIA PACIFIC: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 204 ASIA PACIFIC: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 205 ASIA PACIFIC: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 206 ASIA PACIFIC: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 207 ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 208 ASIA PACIFIC: MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 209 ASIA PACIFIC: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 210 ASIA PACIFIC: MARKET SIZE, BY TECHNOLOGY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 211 ASIA PACIFIC: MARKET SIZE, BY TECHNOLOGY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 212 ASIA PACIFIC: MARKET SIZE, BY INSURANCE PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 213 ASIA PACIFIC: MARKET SIZE, BY INSURANCE PROVIDER, 2022–2027 (USD MILLION)
                       FIGURE 52 ASIA PACIFIC: COUNTRY-WISE ANALYSIS
                       TABLE 214 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 215 ASIA PACIFIC: MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
             11.5.4 AUSTRALIA AND NEW ZEALAND
                       TABLE 216 AUSTRALIA AND NEW ZEALAND: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 217 AUSTRALIA AND NEW ZEALAND: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 218 AUSTRALIA AND NEW ZEALAND: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 219 AUSTRALIA AND NEW ZEALAND: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 220 AUSTRALIA AND NEW ZEALAND: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 221 AUSTRALIA AND NEW ZEALAND: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 222 AUSTRALIA AND NEW ZEALAND: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 223 AUSTRALIA AND NEW ZEALAND: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 224 AUSTRALIA AND NEW ZEALAND: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 225 AUSTRALIA AND NEW ZEALAND: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.5.5 CHINA
                       TABLE 226 CHINA: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 227 CHINA: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 228 CHINA: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 229 CHINA: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 230 CHINA: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 231 CHINA: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 232 CHINA: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 233 CHINA: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 234 CHINA: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 235 CHINA: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.5.6 JAPAN
                       TABLE 236 JAPAN: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 237 JAPAN: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 238 JAPAN: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 239 JAPAN: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 240 JAPAN: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 241 JAPAN: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 242 JAPAN: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 243 JAPAN: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 244 JAPAN: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 245 JAPAN: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.5.7 SINGAPORE
                       TABLE 246 SINGAPORE: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 247 SINGAPORE: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 248 SINGAPORE: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 249 SINGAPORE: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 250 SINGAPORE: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 251 SINGAPORE: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 252 SINGAPORE: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 253 SINGAPORE: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 254 SINGAPORE: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 255 SINGAPORE: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.5.8 REST OF ASIA PACIFIC
                       TABLE 256 REST OF ASIA PACIFIC: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 257 REST OF ASIA PACIFIC: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 258 REST OF ASIA PACIFIC: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 259 REST OF ASIA PACIFIC: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 260 REST OF ASIA PACIFIC: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 261 REST OF ASIA PACIFIC: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 262 REST OF ASIA PACIFIC: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 263 REST OF ASIA PACIFIC: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 264 REST OF ASIA PACIFIC: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 265 REST OF ASIA PACIFIC: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
     11.6 MIDDLE EAST AND AFRICA
             11.6.1 MIDDLE EAST AND AFRICA: MARKET DRIVERS
             11.6.2 CYBERSECURITY SPENDING: MIDDLE EAST AND AFRICA
                       TABLE 266 MIDDLE EAST AND AFRICA, CYBERSECURITY SPENDING
             11.6.3 MIDDLE EAST AND AFRICA: REGULATORY LANDSCAPE
                       TABLE 267 MIDDLE EAST AND AFRICA: COUNTRY-WISE REGULATIONS BODIES
                       FIGURE 53 INSURANCE PROVIDER SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD IN MIDDLE EAST AND AFRICA
                       TABLE 268 MIDDLE EAST AND AFRICA: CYBERSECURITY INSURANCE MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 269 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 270 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SOLUTION, 2018–2021 (USD MILLION)
                       TABLE 271 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SOLUTION, 2022–2027 (USD MILLION)
                       TABLE 272 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SERVICE, 2018–2021 (USD MILLION)
                       TABLE 273 MIDDLE EAST AND AFRICA: MARKET SIZE, BY SERVICE, 2022–2027 (USD MILLION)
                       TABLE 274 MIDDLE EAST AND AFRICA: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 275 MIDDLE EAST AND AFRICA: CYBERSECURITY INSURANCE MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 276 MIDDLE EAST AND AFRICA: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 277 MIDDLE EAST AND AFRICA: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 278 MIDDLE EAST AND AFRICA: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 279 MIDDLE EAST AND AFRICA: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 280 MIDDLE EAST AND AFRICA: MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 281 MIDDLE EAST AND AFRICA: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 282 MIDDLE EAST AND AFRICA: MARKET SIZE, BY TECHNOLOGY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 283 MIDDLE EAST AND AFRICA: MARKET SIZE, BY TECHNOLOGY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 284 MIDDLE EAST AND AFRICA: MARKET SIZE, BY INSURANCE PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 285 MIDDLE EAST AND AFRICA: MARKET SIZE, BY INSURANCE PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 286 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COUNTRY, 2018–2021 (USD MILLION)
                       TABLE 287 MIDDLE EAST AND AFRICA: MARKET SIZE, BY COUNTRY, 2022–2027 (USD MILLION)
             11.6.4 MIDDLE EAST
                       TABLE 288 MIDDLE EAST: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 289 MIDDLE EAST: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 290 MIDDLE EAST: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 291 MIDDLE EAST: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 292 MIDDLE EAST: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 293 MIDDLE EAST: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 294 MIDDLE EAST: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 295 MIDDLE EAST: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 296 MIDDLE EAST: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 297 MIDDLE EAST: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.6.5 AFRICA
                       TABLE 298 AFRICA: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 299 AFRICA: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 300 AFRICA: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 301 AFRICA: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 302 AFRICA: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 303 AFRICA: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 304 AFRICA: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 305 AFRICA: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 306 AFRICA: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 307 AFRICA: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
     11.7 LATIN AMERICA
             11.7.1 LATIN AMERICA: MARKET DRIVERS
             11.7.2 CYBERSECURITY SPENDING: LATIN AMERICA
                       TABLE 308 LATIN AMERICA, CYBERSECURITY SPENDING
             11.7.3 LATIN AMERICA: REGULATORY LANDSCAPE
                       TABLE 309 LATIN AMERICA: COUNTRY-WISE REGULATIONS BODIES
                       FIGURE 54 INSURANCE PROVIDER SEGMENT TO GROW AT HIGHER CAGR DURING FORECAST PERIOD IN LATIN AMERICA
                       TABLE 310 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 311 LATIN AMERICA: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 312 LATIN AMERICA: MARKET SIZE, BY SOLUTION, 2018–2021 (USD MILLION)
                       TABLE 313 LATIN AMERICA: MARKET SIZE, BY SOLUTION, 2022–2027 (USD MILLION)
                       TABLE 314 LATIN AMERICA: MARKET SIZE, BY SERVICE, 2018–2021 (USD MILLION)
                       TABLE 315 LATIN AMERICA: MARKET SIZE, BY SERVICE, 2022–2027 (USD MILLION)
                       TABLE 316 LATIN AMERICA: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 317 LATIN AMERICA: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 318 LATIN AMERICA: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 319 LATIN AMERICA: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 320 LATIN AMERICA: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 321 LATIN AMERICA: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
                       TABLE 322 LATIN AMERICA: MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 323 LATIN AMERICA: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 324 LATIN AMERICA: CYBERSECURITY INSURANCE MARKET SIZE, BY TECHNOLOGY PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 325 LATIN AMERICA: MARKET SIZE, BY TECHNOLOGY PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 326 LATIN AMERICA: MARKET SIZE, BY INSURANCE PROVIDER, 2018–2021 (USD MILLION)
                       TABLE 327 LATIN AMERICA: MARKET SIZE, BY INSURANCE PROVIDER, 2022–2027 (USD MILLION)
                       TABLE 328 LATIN AMERICA: MARKET SIZE, BY SUBREGION, 2018–2021 (USD MILLION)
                       TABLE 329 LATIN AMERICA: MARKET SIZE, BY SUBREGION, 2022–2027 (USD MILLION)
             11.7.4 BRAZIL
                       TABLE 330 BRAZIL: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 331 BRAZIL: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 332 BRAZIL: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 333 BRAZIL: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 334 BRAZIL: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 335 BRAZIL: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 336 BRAZIL: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 337 BRAZIL: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 338 BRAZIL: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 339 BRAZIL: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.7.5 MEXICO
                       TABLE 340 MEXICO: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 341 MEXICO: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 342 MEXICO: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 343 MEXICO: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 344 MEXICO: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 345 MEXICO: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 346 MEXICO: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 347 MEXICO: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 348 MEXICO: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 349 MEXICO: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)
             11.7.6 REST OF LATIN AMERICA
                       TABLE 350 REST OF LATIN AMERICA: CYBERSECURITY INSURANCE MARKET SIZE, BY END USER, 2018–2021 (USD MILLION)
                       TABLE 351 REST OF LATIN AMERICA: MARKET SIZE, BY END USER, 2022–2027 (USD MILLION)
                       TABLE 352 REST OF LATIN AMERICA: MARKET SIZE, BY COMPONENT, 2018–2021 (USD MILLION)
                       TABLE 353 REST OF LATIN AMERICA: MARKET SIZE, BY COMPONENT, 2022–2027 (USD MILLION)
                       TABLE 354 REST OF LATIN AMERICA: MARKET SIZE, BY INSURANCE COVERAGE, 2018–2021 (USD MILLION)
                       TABLE 355 REST OF LATIN AMERICA: MARKET SIZE, BY INSURANCE COVERAGE, 2022–2027 (USD MILLION)
                       TABLE 356 REST OF LATIN AMERICA: MARKET SIZE, BY INSURANCE TYPE, 2018–2021 (USD MILLION)
                       TABLE 357 REST OF LATIN AMERICA: MARKET SIZE, BY INSURANCE TYPE, 2022–2027 (USD MILLION)
                       TABLE 358 REST OF LATIN AMERICA: MARKET SIZE, BY ORGANIZATION SIZE, 2018–2021 (USD MILLION)
                       TABLE 359 REST OF LATIN AMERICA: MARKET SIZE, BY ORGANIZATION SIZE, 2022–2027 (USD MILLION)

12 COMPETITIVE LANDSCAPE (Page No. - 244)
     12.1 INTRODUCTION
     12.2 MARKET EVALUATION FRAMEWORK
               FIGURE 55 MARKET EVALUATION FRAMEWORK
     12.3 KEY PLAYER STRATEGIES/RIGHT TO WIN
             12.3.1 OVERVIEW OF STRATEGIES DEPLOYED BY KEY CYBERSECURITY INSURANCE TECHNOLOGY VENDORS
     12.4 MARKET SHARE ANALYSIS OF TOP MARKET PLAYERS
               TABLE 360 CYBERSECURITY INSURANCE MARKET: DEGREE OF COMPETITION
               FIGURE 56 MARKET SHARE ANALYSIS OF MARKET
     12.5 HISTORIC REVENUE ANALYSIS
               FIGURE 57 HISTORIC THREE-YEAR REVENUE ANALYSIS OF LEADING CYBERSECURITY INSURANCE PROVIDERS, 2019–2021 (USD MILLION)
     12.6 COMPANY EVALUATION QUADRANT
             12.6.1 STAR
             12.6.2 EMERGING LEADER
             12.6.3 PERVASIVE
             12.6.4 PARTICIPANT
                       FIGURE 58 CYBERSECURITY INSURANCE MARKET (GLOBAL), COMPETITIVE EVALUATION MATRIX, 2022
     12.7 STARTUP/SME EVALUATION MATRIX, 2022
             12.7.1 PROGRESSIVE COMPANIES
             12.7.2 RESPONSIVE COMPANIES
             12.7.3 DYNAMIC COMPANIES
             12.7.4 STARTING BLOCKS
                       FIGURE 59 CYBERSECURITY INSURANCE MARKET (GLOBAL), STARTUP/SME EVALUATION MATRIX, 2022
     12.8 RANKING OF KEY TECHNOLOGY PLAYERS IN MARKET, 2022
               FIGURE 60 RANKING OF KEY TECHNOLOGY PLAYERS, 2022
     12.9 RANKING OF KEY INSURANCE PROVIDERS IN MARKET, 2022
               FIGURE 61 RANKING OF CYBERSECURITY INSURANCE PROVIDERS, 2022
     12.10 COMPETITIVE SCENARIO
               12.10.1 PRODUCT LAUNCHES
                         TABLE 361 PRODUCT LAUNCHES, 2019–2022
               12.10.2 DEALS
                         TABLE 362 DEALS, 2020–2022
               12.10.3 OTHERS
                         TABLE 363 OTHERS, 2021

13 COMPANY PROFILES (Page No. - 258)
     13.1 INTRODUCTION
     13.2 TECHNOLOGY PROVIDERS PROFILES
(Business overview, Products offered, Recent developments, Product Launches, Deals, COVID-19-related developments, MNM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats)*
             13.2.1 BITSIGHT
                       TABLE 364 BITSIGHT: BUSINESS OVERVIEW
                       TABLE 365 BITSIGHT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 366 BITSIGHT: PRODUCT LAUNCHES
                       TABLE 367 BITSIGHT: DEALS
             13.2.2 PREVALENT
                       TABLE 368 PREVALENT: BUSINESS OVERVIEW
                       TABLE 369 PREVALENT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 370 PREVALENT: PRODUCT LAUNCHES
                       TABLE 371 PREVALENT: DEALS
             13.2.3 REDSEAL
                       TABLE 372 REDSEAL: BUSINESS OVERVIEW
                       TABLE 373 REDSEAL: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 374 REDSEAL: PRODUCT LAUNCHES
                       TABLE 375 REDSEAL: OTHERS
             13.2.4 SECURITYSCORECARD
                       TABLE 376 SECURITYSCORECARD: BUSINESS OVERVIEW
                       TABLE 377 SECURITYSCORECARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 378 SECURITYSCORECARD: PRODUCT LAUNCHES
                       TABLE 379 SECURITYSCORECARD: DEALS
             13.2.5 CYBER INDEMNITY SOLUTIONS
                       TABLE 380 CYBER INDEMNITY SOLUTIONS: BUSINESS OVERVIEW
                       TABLE 381 CYBER INDEMNITY SOLUTIONS: PRODUCTS/SOLUTIONS/SERVICES OFFERED
             13.2.6 CISCO
                       TABLE 382 CISCO: BUSINESS OVERVIEW
                       FIGURE 62 CISCO: COMPANY SNAPSHOT
                       TABLE 383 CISCO: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 384 CISCO: DEALS
                       TABLE 385 CISCO: OTHERS
             13.2.7 UPGUARD
                       TABLE 386 UPGUARD: BUSINESS OVERVIEW
                       TABLE 387 UPGUARD: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 388 UPGUARD: PRODUCT LAUNCHES
             13.2.8 MICROSOFT
                       TABLE 389 MICROSOFT: BUSINESS OVERVIEW
                       FIGURE 63 MICROSOFT: COMPANY SNAPSHOT
                       TABLE 390 MICROSOFT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 391 MICROSOFT: PRODUCT LAUNCHES
                       TABLE 392 MICROSOFT: DEALS
             13.2.9 CHECK POINT
                       TABLE 393 CHECK POINT: BUSINESS OVERVIEW
                       FIGURE 64 CHECK POINT: COMPANY SNAPSHOT
                       TABLE 394 CHECK POINT: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 395 CHECK POINT: DEALS
             13.2.10 ATTACKIQ
                       TABLE 396 ATTACKIQ: BUSINESS OVERVIEW
                       TABLE 397 ATTACKIQ: PRODUCTS/SOLUTIONS/SERVICES OFFERED
                       TABLE 398 ATTACKIQ: PRODUCT LAUNCHES
                       TABLE 399 ATTACKIQ: DEALS
             13.2.11 SENTINELONE
             13.2.12 BROADCOM
             13.2.13 ACCENTURE
             13.2.14 CYLANCE
             13.2.15 FIREEYE
             13.2.16 CYBERARK
             13.2.17 CYE
             13.2.18 SECURIT360
             13.2.19 FOUNDER SHIELD
     13.3 INSURANCE PROVIDERS PROFILES
             13.3.1 CHUBB
             13.3.2 AXA XL
             13.3.3 AIG
             13.3.4 TRAVELERS
             13.3.5 BEAZLEY
             13.3.6 ALLIANZ
             13.3.7 AON
             13.3.8 ARTHUR J. GALLAGHER
             13.3.9 AXIS CAPITAL
             13.3.10 CNA
             13.3.11 FAIRFAX
             13.3.12 LIBERTY MUTUAL HOLDING
             13.3.13 LLOYD’S OF LONDON
             13.3.14 LOCKTON
             13.3.15 MUNICH RE
             13.3.16 SOMPO INTERNATIONAL
     13.4 STARTUP/SME PROFILES
             13.4.1 AT-BAY
             13.4.2 CYBERNANCE
             13.4.3 COALITION
             13.4.4 ARCEO
             13.4.5 KOVRR
             13.4.6 SAYATA LABS
             13.4.7 ZEGURO
             13.4.8 RISKSENSE
             13.4.9 CYENCE (ACQUIRED BY GUIDEWIRE SOFTWARE)
             13.4.10 SAFEBREACH
             13.4.11 CRONUS CYBER TECHNOLOGIES

*Details on Business overview, Products offered, Recent developments, Product Launches, Deals, COVID-19-related developments, MNM view, Key strengths/right to win, Strategic choices made, and Weaknesses and competitive threats might not be captured in case of unlisted companies.

14 ADJACENT MARKET (Page No. - 315)
     14.1 INTRODUCTION
     14.2 LIMITATIONS
     14.3 CYBERSECURITY
             14.3.1 INTRODUCTION
             14.3.2 MARKET ESTIMATES AND FORECASTS, BY COMPONENT, 2015–2026
                       TABLE 400 CYBERSECURITY MARKET SIZE, BY COMPONENT, 2015–2020 (USD MILLION)
                       TABLE 401 CYBERSECURITY MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
             14.3.3 MARKET ESTIMATES AND FORECASTS, BY SOFTWARE, 2015–2026
                       TABLE 402 CYBERSECURITY MARKET SIZE, BY SOFTWARE, 2015–2020 (USD MILLION)
                       TABLE 403 CYBERSECURITY MARKET SIZE, BY SOFTWARE, 2020–2026 (USD MILLION)
             14.3.4 MARKET ESTIMATES AND FORECAST, BY VERTICAL, 2015–2026
                       TABLE 404 CYBERSECURITY MARKET SIZE, BY VERTICAL, 2015–2020 (USD MILLION)
                       TABLE 405 CYBERSECURITY MARKET SIZE, BY VERTICAL, 2020–2026 (USD MILLION)
     14.4 DIGITAL INSURANCE PLATFORM
             14.4.1 INTRODUCTION
             14.4.2 DIGITAL INSURANCE PLATFORM MARKET SIZE, BY COMPONENT, 2016–2023 (USD BILLION)
                       TABLE 406 DIGITAL INSURANCE PLATFORM MARKET SIZE, BY COMPONENT, 2016–2023 (USD BILLION)
             14.4.3 DIGITAL INSURANCE PLATFORM MARKET SIZE, BY END USER, 2016–2023 (USD BILLION)
                       TABLE 407 DIGITAL INSURANCE PLATFORM MARKET SIZE, BY END USER, 2016–2023 (USD BILLION)
     14.5 INSURANCE ANALYTICS
             14.5.1 INTRODUCTION
             14.5.2 INSURANCE ANALYTICS MARKET SIZE, BY COMPONENT, 2016–2026 (USD MILLION)
                       TABLE 408 INSURANCE ANALYTICS MARKET SIZE, BY COMPONENT, 2016–2019 (USD MILLION)
                       TABLE 409 INSURANCE ANALYTICS MARKET SIZE, BY COMPONENT, 2020–2026 (USD MILLION)
             14.5.3 INSURANCE ANALYTICS MARKET SIZE, BY END USER, 2016–2026 (USD MILLION)
                       TABLE 410 INSURANCE ANALYTICS MARKET SIZE, BY END USER, 2016–2019 (USD MILLION)
                       TABLE 411 INSURANCE ANALYTICS MARKET SIZE, BY END USER, 2020–2026 (USD MILLION)

15 APPENDIX (Page No. - 323)
     15.1 DISCUSSION GUIDE
     15.2 KNOWLEDGE STORE: MARKETSANDMARKETS’  SUBSCRIPTION PORTAL
     15.3 AVAILABLE CUSTOMIZATIONS
     15.4 RELATED REPORTS
     15.5 AUTHOR DETAILS

This research study involved the extensive use of secondary sources, directories, and databases such as Dun and Bradstreet (D&B), Hoovers, and Bloomberg BusinessWeek to identify and collect information useful for a technical, market-oriented, and commercial study of the cybersecurity insurance market. The study involved 4 major activities in estimating the current size of the cybersecurity insurance market. An exhaustive secondary research was done to collect information on the cybersecurity insurance industry. The next step was to validate these findings, assumptions, and sizing with industry experts across the value chain using primary research. Both top-down and bottom-up approaches were employed to estimate the overall market size. Thereafter, market breakup and data triangulation procedures were used to estimate the size of the segments and subsegments of the market.

Secondary Research

In the secondary research process, various sources were used to identify and collect information for this study. Secondary sources included annual reports, press releases, and investor presentations of companies; white papers, journals, and certified publications; and articles from recognized authors, directories, and databases. Data was also collected from Information Systems Security Association (ISSA), Information Security Forum (ISF), European Cyber Security Organization (ECSO), European Union Agency for Cybersecurity (ENISA), UK Cyber Security Association (UKCSA), Association of Information Security Professionals (AISP), Japan Network Security Association (JNSA), National Association of Software and Services Companies (NASSCOM), Professional Information Security Association (PISA), Australian Information Security Association (AISA), Information Systems Security Association (ISSA), National Cyber Security Authority (NCA), American Risk and Insurance Association (ARIA), American Association of Insurance Services (AAIS), Cybersecurity insurance Association, European Insurance and Occupational Pensions Authority (EIOPA), ASEAN Insurance Council (AIC), DIFC Insurance Association NPIO, Association of Insurance Supervisors in Latin America (ASSAL), and OECD. These secondary sources included annual reports, press releases and investor presentations of companies, whitepapers, certified publications and articles by recognized authors, gold standard and silver standard websites, regulatory bodies, trade directories, and databases.

Primary Research

The cybersecurity insurance market comprises several stakeholders, such as service providers, solution vendors, system integrators, technology partners, consulting firms, research organizations, Managed Service Providers (MSPs), government agencies, financial bodies, resellers and distributors, enterprise users, and technology providers. The supply side includes cybersecurity insurance solutions providers. Various primary sources from both the supply and demand sides of the market were interviewed to obtain qualitative and quantitative information. Primary interviews were conducted to gather insights, such as market statistics, data of revenue collected from the products and services, market breakups, market size estimations, market forecasting, and data triangulation. Primary research also helped in understanding the various trends related to technology, application, deployment, and region. The demand side of the market consists of financial institutions, investors, and insurance companies. Stakeholders from the demand side, such as Chief Information Officers (CIOs), Chief Technology Officers (CTOs), and Chief Strategy Officers (CSOs), and installation teams of governments/end users using cybersecurity insurance solutions were interviewed to understand the buyer’s perspective. Following is the breakup of the primary respondents:

Cybersecurity Insurance Market  Size, and Share

To know about the assumptions considered for the study, download the pdf brochure

Market Size Estimation

Both top-down and bottom-up approaches were used to estimate and validate the total size of the cybersecurity insurance market. These methods were extensively used to estimate the size of various segments in the market. The research methodology used to estimate the market size includes the following:

  • Key players in the market have been identified through extensive secondary research.
  • The industry’s supply chain and market size, in terms of value, have been determined through primary and secondary research processes.
  • All percentage shares, splits, and breakups have been determined using secondary sources and verified through primary sources.

Data Triangulation

After arriving at the overall cybersecurity insurance market size using the market size estimation processes as explained above, the market was split into several segments and subsegments. To complete the overall market engineering process and arrive at the exact statistics of each market segment and subsegment, the data triangulation and market breakup procedures were employed, wherever applicable. The data was triangulated by studying various factors and trends from both the demand and supply sides.

Report Objectives

  • To determine and forecast the cybersecurity insurance market by application, service model, security type, organization size, vertical, and region from 2020 to 2025, and analyze the various macroeconomic and microeconomic factors that affect the market growth
  • To forecast the size of the market segments with respect to 5 main regions, namely, North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and Latin America
  • To analyze each submarket with respect to individual growth trends, prospects, and contributions to the overall cybersecurity insurance market
  • To provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the growth of the cybersecurity insurance market.

Available Customizations

With the given market data, MarketsandMarkets offers customizations as per the company’s specific needs. The following customization options are available for the IDPS market report:

Geographic Analysis

  • Further breakup of the APAC market into countries contributing 75% to the regional market size
  • Further breakup of the North American market into countries contributing 75% to the regional market size
  • Further breakup of the Latin American market into countries contributing 75% to the regional market size
  • Further breakup of the MEA market into countries contributing 75% to the regional market size
  • Further breakup of the European market into countries contributing 75% to the regional market size

Company Information

  • Detailed analysis and profiling of additional market players (up to 5)
Report Code
TC 7758
Published ON
Jun, 2022
Choose License Type
BUY NOW
  • SHARE
X
Request Customization
Speak to Analyst
Speak to Analyst
OR FACE-TO-FACE MEETING
PERSONALIZE THIS RESEARCH
  • Triangulate with your Own Data
  • Get Data as per your Format and Definition
  • Gain a Deeper Dive on a Specific Application, Geography, Customer or Competitor
  • Any level of Personalization
REQUEST A FREE CUSTOMIZATION
LET US HELP YOU!
  • What are the Known and Unknown Adjacencies Impacting the Cybersecurity Insurance Market
  • What will your New Revenue Sources be?
  • Who will be your Top Customer; what will make them switch?
  • Defend your Market Share or Win Competitors
  • Get a Scorecard for Target Partners
CUSTOMIZED WORKSHOP REQUEST
+1-888-600-6441
  • Call Us
  • +1-888-600-6441 (Corporate office hours)
  • +1-888-600-6441 (US/Can toll free)
  • +44-800-368-9399 (UK office hours)
CONNECT WITH US
ABOUT TRUST ONLINE
©2022 MarketsandMarkets Research Private Ltd. All rights reserved
DMCA.com Protection Status Website Feedback