Cyber Insurance Market
Posted by Venkatesh on August 31st, 2018
According to the new market research report by IndustryARC titled “Cyber Insurance Market By Organization Size (Small and Medium Enterprises (SMES), Large Enterprises), By Types of Coverage (First-Party and Third-Party), By Industry Vertical (Healthcare, Transportation, Retail, Information Technology and Services, Financial Services, Power Generation, Infrastructure and Others) & Geography – Forecast (2018 - 2023)” the market will be driven by the growing awareness against cyber risks and cyber-attacks in many organisations.
North America Dominates the Cyber Insurance Market
North America will dominate the Cyber Insurance Market during the forecast period. The mandatory legislation regarding the cyber security in many US states has led to the emergence of cyber coverage. The cyber insurance industry in the US has become mature. Asia Pacific is expected to show a significant growth during the forecast period due to the increase in ransomware attacks. Australia is also expected to show a similar growth due to the rise in the usage of cloud computing technology and the use of mobile devices that have increased the demand for data protection.
Selected Regulatory Analysis Done in the Full Report:
The Banking Financial Services and Insurance(BFSI) has the largest growth in the Cyber Insurance Market as these companies are prone to cyber-attacks. The retail and manufacturing industries will have the fastest growth during the forecast period due to more cyber challenges in the industry such as digital supply chain management and online operations.
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Selected Driving Factors Mentioned in the Full Report
Growing cyber-attacks in many organisations will enhance the demand for the cyber security insurance.
Increase in the levels of liability and legislative developments propel the growth of cyber insurance risk assessment.
Growth of the healthcare industry drives the demand for cyber liability insurance policies.
Growth of banking financial services and insurance will drive the growth of the cyber insurance market.
Mandatory legalizations about cyber security spurs the demand for cyber insurance.
Key Players of the Cyber Insurance Market
The Cyber Insurance Market is Segmented as Indicated Below:
Growing interest and awareness about cyber insurance will propel the growth of the Cyber Insurance Market.
A. Cyber Insurance Market By Organisation Site
B. Cyber Insurance Market By Type of Coverage
C. Cyber Insurance Market By Industry Vertical
D. Cyber Insurance Market By Geography (17+ countries)
More than 10 companies are profiled in this report
G. Appendix: Abbreviations, Sources, Research Methodology, Bibliography, Compilation of Experts, Disclaimer.
What can you expect from the report?
The Cyber Insurance Market Report is prepared with the main agenda to cover the following 20 points:
1. Market Size by Product Categories
Does IndustryARC publish country, geography, or application–based reports in Cyber Insurance Market?
Does IndustryARC provide customized reports and charge additionally for limited customization?
1. Increase the level of data in application or end user industry.
Any other major customizations can be discussed with our team. We can also provide you with a separate quote based on your requirements. You can drop an e-mail to firstname.lastname@example.org to learn more about our consulting services.
Mr. Venkat Reddy
IndustryARC is a Research and Consulting Firm that publishes more than 500 reports annually, in various industries such as Agriculture, Automotive, Automation & Instrumentation, Chemicals and Materials, Energy and Power, Electronics, Food & Beverages, Information Technology, and Life Sciences & Healthcare.
IndustryARC primarily focuses on cutting-edge technologies and newer applications in a market. Our custom research services are designed to provide insights on the constant flux in the global supply–demand gap of markets. Our strong team of analysts enables us to meet the client’s research needs at a rapid speed and with a variety of options.
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About the AuthorVenkatesh
Joined: August 23rd, 2018
Articles Posted: 184
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