According to Gen Consulting Company, the global cybersecurity insurance market is set to achieve an incremental growth of USD 14 billion, acelerating at a CAGR of almost 17.2% during the forecast period 2022-2028.

This industry report offers market estimates of the global market, followed by a detailed analysis of the application, organization size, and region. The global market data on cybersecurity insurance can be segmented by application: financial, industrial, IT and telecom, healthcare, retail, others. According to the research, the financial segment had the largest share in the global cybersecurity insurance market. Cybersecurity insurance market is further segmented by organization size: large enterprises, small and medium enterprises (SMEs). In 2021, the large enterprises segment made up the largest share of revenue generated by the cybersecurity insurance market. Based on region, the cybersecurity insurance market is segmented into: Asia Pacific, Europe, North America, Rest of the World (RoW). Among these, North America was accounted for the highest revenue generator in 2021.

The global cybersecurity insurance market is highly competitive. The competitive landscape of the industry has also been examined along with the profiles of the key players American International Group Inc., Aon PLC, Berkshire Hathaway Inc., Chubb Limited, Lockton Companies Inc., Munich Re Group, Security Scorecard Inc., Zurich Insurance Group Ltd.

The data-centric report focuses on market trends, status and outlook for segments. With comprehensive market assessment across the major geographies, the report is a valuable asset for the existing players, new entrants and the future investors.

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