Global Cyber Insurance Market PR

1. Global Cyber Insurance Market to Propel at a CAGR of 26 During 2023 – 2035 owing to the Growing Demand for Cyber Insurance Coverage, finds Kenneth Research Kenneth Research published a report titled “Cyber Insurance Market: Global Demand Analysis & Opportunity Outlook 2035” which delivers detailed overview of the global cyber insurance marketin terms of market segmentation by end user, coverage type, organization size, and by region. Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market trends that are associated with the growth of the market. The global cyber insurance market is estimated to grow at a CAGR of ~26%

2. over the forecast period, i.e., 2023-2031. The market is segmented by end- user into IT & telecom, BFSI, retail, healthcare, manufacturing, and others. Out of these, the healthcare segment is expected to hold the largest share over the forecast period owing to the rising patients records that are more prone to cyber threats in order to access the PHI and other sensitive information. Moreover, there are so many important data of high monetary value that can lead to higher risk to patient privacy and it is projected to boost the growth of the segment in the market. For more information’s@https://www.kennethresearch.com/report- details/cyber-insurance-market/10352494 The global cyber insurance market is expected to experience growth owing to the rising storage of data on cloud. Furthermore, growing demand for cyber insurance coverage is further projected to boost the growth of the market. Geographically, the cyber insurance market is segmented into five major regions including North America, Europe, Asia Pacific, Latin America and Middle East & Africa region. Out of them, the market in the North America region is projected to hold the largest market share by the end of 2035 on the back of rising breach cases in the countries such as United States, Canada, and others. Furthermore, there is a presence of large multinational companies that are more prone to cyberattacks, accounting for high risk to sensitive data. The research is global in nature and covers detailed analysis on the market in North America (U.S., Canada), Europe (U.K., Germany, France, Italy, Spain, Hungary, Belgium, Netherlands & Luxembourg, NORDIC [Finland, Sweden, Norway, Denmark], Poland, Turkey, Russia, Rest of Europe), Latin

3. America (Brazil, Mexico, Argentina, Rest of Latin America), Asia-Pacific (China, India, Japan, South Korea, Indonesia, Singapore, Malaysia, Australia, New Zealand, Rest of Asia-Pacific), Middle East and Africa (Israel, GCC [Saudi Arabia, UAE, Bahrain, Kuwait, Qatar, Oman], North Africa, South Africa, Rest of Middle East and Africa). In addition, analysis comprising market size, Y-O-Y growth & opportunity analysis, market players’ competitive study, investment opportunities, demand for future outlook etc. has also been covered and displayed in the research report. Increasing Crypto Attacks to Drive the Growth of the Market Till 2022, more than USD 3 Billion have stolen in cryptocurrency by hackers Cryptocurrency owners are rising at a faster pace around the globe leading to more risk for crypto threats. Furthermore, the companies are investing more in the insurance to reduce or mitigate these threats risk. Therefore, it is projected to boost the growth of the global cyber insurance market. However, high cost of the policies provided by insurance companies, scarcity of cyber security workers, and high cost for the training of cyber insurance company employees are expected to operate as key restraint to the growth of global cyber insurance market over the forecast period. This report also provides the existing competitive scenario of some of the key players of the global cyber insurance market which includes company profiling of Americans International Group, Inc., Chubb Life Insurance Company Ltd, The Travelers Indemnity Company, AXA Group, Axis Capital Holdings Limited, BCS Financial Corporation, Zurich Corporation, Beazley Plc, The Hanover Insurance Group, Inc., At-Bay, Inc., and others. The

4. profiling enfolds key information of the companies which encompasses business overview, products and services, key financials and recent news and developments. On the whole, the report depicts detailed overview of the global cyber insurance market that will help industry consultants, equipment manufacturers, existing players searching for expansion opportunities, new players searching possibilities and other stakeholders to align their market centric strategies according to the ongoing and expected trends in the future. Request Report Sample@ https://www.kennethresearch.com/sample- request-10352494 Kenneth Research is a leading service provider for strategic market research and consulting. We aim to provide unbiased, unparalleled market insights and industry analysis to help industries, conglomerates and executives to take wise decisions for their future marketing strategy, expansion and investment etc. We believe every business can expand to its new horizon, provided a right guidance at a right time is available through strategic minds. Our out of box thinking helps our clients to take wise decision in order to avoid future uncertainties. Contact for more Info: AJ Daniel Email: sales@kennethresearch.com U.S. Phone: +1 313 462 0609