Cyber insurance market size worldwide 2019-2023, with forecast for 2027

Published by Jennifer Rudden, Nov 1, 2024

It is estimated that the global cyber insurance market will reach 29 billion U.S. dollars in size by 2027. Generally, cyber insurance is designed to protect businesses from risks arising from the use of data and technology in business operations.

Global cyber insurance market size from 2019 to 2023, with forecast till 2027 (in billion U.S. dollars)

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Release date

2024

Region

Worldwide

Survey time period

2019 to 2023

Supplementary notes

E=Estimates, F=Forecasts.

Munich Re estimates/forecasts comprise standalone and packaged cyber policies.

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