Cybersecurity Insurance Market Growth Projected at 11.4% CAGR by 2028

Webersnits22 Nov, 2024News

The global Cybersecurity Insurance Market size is projected to grow from USD 10.3 billion in 2023 to USD 17.6 billion by 2028, at a CAGR of 11.4% during the forecast period, according to a new report by MarketsandMarkets™. The growing awareness of cyber risks among organizations and the need to proactively manage and mitigate those risks has contributed to the increased adoption of cybersecurity insurance.