Global Cyber Security Insurance Market Growth, Share, Size, & Industry Report, 2020-
ReleaseWire
DUBLIN (SBWIRE)
03/15/2021 Cyber Security Insurance Market Dynamics (including market size, share, trends, growth, forecast, and industry analysis)
Key Drivers
The global cyber security insurance market is predicted to witness an upsurge in demand during the forecast period due to the strong presence of organizations and dependency on technology for storing private & confidential information, rising usage of the internet, and increasing cases of security breaches and digital frauds. Moreover, rising IT connectivity and the high adoption of technologies, such as Bid Data, cloud computing, artificial intelligence (AI), and IoT, in businesses and society will further boost the demand for cyber insurance security. Additionally, the strong adoption of cyber insurance products as a risk mitigation strategy in several end-users that include healthcare, banking, telecommunication, uti