Cybersecurity Insurance Market: Comprehensive Analysis and Future Projections (2023–2028)

Webersnits03 Jul, 2025News

The cybersecurity insurance market is expected to grow from USD 10.3 billion in 2023 to USD 17.6 billion by 2028, registering a CAGR of 11.4% during the forecast period. The shortage of skilled cybersecurity professionals poses a significant challenge for organizations in managing cyber risks effectively. Cybersecurity insurance provides the necessary expertise and resources to help organizations respond to and recover from cyber incidents.