The primary factor that is driving the cyber insurance market is the rise in the cybercrimes and wide adoption of the cloud by various end-users across the globe.
Consumers are widely adopting cyber insurance policies with the purpose of mitigating the risk which is acting as the key factor of the market growth of the cyber insurance market.
The end-users of cyber insurance include BFSI, Healthcare, Telecommunications, Healthcare, Retail, and Others. The global cyber insurance market is estimated at US$6.848 billion for the year 2019
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