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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Munich Re. (April 4, 2024). Global cyber insurance market size from 2019 to 2023, with forecast till 2027 (in billion U.S. dollars) [Graph]. In Statista. Retrieved April 21, 2025, from https://www.statista.com/statistics/1190800/forecast-cyber-insurance-market-size/
Munich Re. "Global cyber insurance market size from 2019 to 2023, with forecast till 2027 (in billion U.S. dollars)." Chart. April 4, 2024. Statista. Accessed April 21, 2025. https://www.statista.com/statistics/1190800/forecast-cyber-insurance-market-size/
Munich Re. (2024). Global cyber insurance market size from 2019 to 2023, with forecast till 2027 (in billion U.S. dollars). Statista. Statista Inc.. Accessed: April 21, 2025. https://www.statista.com/statistics/1190800/forecast-cyber-insurance-market-size/
Munich Re. "Global Cyber Insurance Market Size from 2019 to 2023, with Forecast till 2027 (in Billion U.S. Dollars)." Statista, Statista Inc., 4 Apr 2024, https://www.statista.com/statistics/1190800/forecast-cyber-insurance-market-size/
Munich Re, Global cyber insurance market size from 2019 to 2023, with forecast till 2027 (in billion U.S. dollars) Statista, https://www.statista.com/statistics/1190800/forecast-cyber-insurance-market-size/ (last visited April 21, 2025)
Global cyber insurance market size from 2019 to 2023, with forecast till 2027 (in billion U.S. dollars) [Graph], Munich Re, April 4, 2024. [Online]. Available: https://www.statista.com/statistics/1190800/forecast-cyber-insurance-market-size/