Cyber Insurance Market To Reach $48,328.4 Million by 2030

The global cyber insurance market was valued at $11,904.6 million in 2022, and this number is expected to reach $48,328.4 million by 2030, advancing at a CAGR of 19.1% during 2022–2030, as per P&S Intelligence. This is accounted for the snowballing number of malware,...

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Cyber Insurance Market Worldwide Opportunities, Driving Forces, COVID-19 Impact Analysis, Future Potential 2030

The COVID-19 crisis is having a positive effect on the demand for cyber insurance, as the pandemic has shifted countries’ focus to healthcare and economic stability, thus opening the doors for cyber-criminals to hack servers and steal vital information. Malware spams, phishing...

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Changes in Consumer Behaviour During COVID-19 Outbreak May Affect Growth of Cyber Insurance Market

The global cyber insurance market will grow, in value, from $5,573.2 million to $70,671.9 million from 2019 to 2030. In addition to this, the market is predicted to advance at a CAGR of 26.3% from 2020 to 2030, according to the estimates of P&S Intelligence, a market...

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Cyber Insurance Market Analysis, Post COVID-19 Impact | Potential Business Impacts for Key Players

One of the major factors resulting in the growing adoption of cyber insurance across different industries is the supply chain cyber risk. The impact on an organization or enterprise is quite huge if the sensitive data of supply chain is breached. The loss of consumer confidence,...

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Cyber Insurance Market to Boom in Developed as well as Developing World

Cyber attacks lead to financial losses of almost $600 billion, which is roughly 0.8% of the worldwide gross domestic product (GDP), every year, according to the latest Economic Impact of Cybercrime report by McAfee. With the world shifting to digital platforms from the simple...

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