Product Code: ETC4386029 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 | |
The cybersecurity insurance market is on the rise as companies seek to transfer cyber risks to insurers. With an increasing number of cyber incidents, there`s a growing need for robust insurance policies to mitigate financial losses.
The cybersecurity insurance market in Indonesia is growing as businesses recognize the financial implications of data breaches and cyber incidents. With increasingly strict data protection regulations and the rising cost of cybersecurity incidents, companies are looking to transfer some of the risk to insurers. This market is also driven by the need to mitigate financial losses and reputation damage associated with cyberattacks.
In the context of cybersecurity insurance, Indonesian companies are navigating a relatively nascent market. There is a need to bridge the awareness gap regarding the importance of cybersecurity insurance and tailor policies to the specific needs of local businesses.
The COVID-19 pandemic emphasized the importance of cybersecurity insurance in Indonesia. With the surge in cyber threats and data breaches during the pandemic, businesses increasingly recognized the need for financial protection against such risks. The demand for cybersecurity insurance policies, covering financial losses from cyberattacks and data breaches, saw significant growth. Companies sought to mitigate the potential financial impact of cyber incidents in an environment where remote work and digital operations prevailed. The pandemic is expected to have a long-term impact on the cybersecurity insurance market in Indonesia, with businesses continuing to invest in policies to safeguard their financial interests.
Major players in the Indonesia Cybersecurity Insurance market include AIG, Chubb Limited, Zurich Insurance Group, and Allianz SE. These global insurance providers offer specialized cybersecurity coverage, helping businesses mitigate financial risks associated with cyber incidents.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Indonesia Cybersecurity Insurance Market Overview |
3.1 Indonesia Country Macro Economic Indicators |
3.2 Indonesia Cybersecurity Insurance Market Revenues & Volume, 2021 & 2031F |
3.3 Indonesia Cybersecurity Insurance Market - Industry Life Cycle |
3.4 Indonesia Cybersecurity Insurance Market - Porter's Five Forces |
3.5 Indonesia Cybersecurity Insurance Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Indonesia Cybersecurity Insurance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Indonesia Cybersecurity Insurance Market Revenues & Volume Share, By Coverage, 2021 & 2031F |
3.8 Indonesia Cybersecurity Insurance Market Revenues & Volume Share, By End User Technology,Insurance,, 2021 & 2031F |
3.9 Indonesia Cybersecurity Insurance Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Indonesia Cybersecurity Insurance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Indonesia Cybersecurity Insurance Market Trends |
6 Indonesia Cybersecurity Insurance Market, By Types |
6.1 Indonesia Cybersecurity Insurance Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Indonesia Cybersecurity Insurance Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Indonesia Cybersecurity Insurance Market Revenues & Volume, By Solutions , 2021-2031F |
6.1.4 Indonesia Cybersecurity Insurance Market Revenues & Volume, By Services, 2021-2031F |
6.2 Indonesia Cybersecurity Insurance Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Indonesia Cybersecurity Insurance Market Revenues & Volume, By Standalone & Packaged, 2021-2031F |
6.3 Indonesia Cybersecurity Insurance Market, By Coverage |
6.3.1 Overview and Analysis |
6.3.2 Indonesia Cybersecurity Insurance Market Revenues & Volume, By Data Breach, 2021-2031F |
6.3.3 Indonesia Cybersecurity Insurance Market Revenues & Volume, By Cyber Liability, 2021-2031F |
6.4 Indonesia Cybersecurity Insurance Market, By End User Technology,Insurance, |
6.4.1 Overview and Analysis |
6.4.2 Indonesia Cybersecurity Insurance Market Revenues & Volume, By Technology, 2021-2031F |
6.4.3 Indonesia Cybersecurity Insurance Market Revenues & Volume, By Insurance, 2021-2031F |
6.5 Indonesia Cybersecurity Insurance Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 Indonesia Cybersecurity Insurance Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.5.3 Indonesia Cybersecurity Insurance Market Revenues & Volume, By SMEs, 2021-2031F |
7 Indonesia Cybersecurity Insurance Market Import-Export Trade Statistics |
7.1 Indonesia Cybersecurity Insurance Market Export to Major Countries |
7.2 Indonesia Cybersecurity Insurance Market Imports from Major Countries |
8 Indonesia Cybersecurity Insurance Market Key Performance Indicators |
9 Indonesia Cybersecurity Insurance Market - Opportunity Assessment |
9.1 Indonesia Cybersecurity Insurance Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Indonesia Cybersecurity Insurance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Indonesia Cybersecurity Insurance Market Opportunity Assessment, By Coverage, 2021 & 2031F |
9.4 Indonesia Cybersecurity Insurance Market Opportunity Assessment, By End User Technology,Insurance,, 2021 & 2031F |
9.5 Indonesia Cybersecurity Insurance Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Indonesia Cybersecurity Insurance Market - Competitive Landscape |
10.1 Indonesia Cybersecurity Insurance Market Revenue Share, By Companies, 2024 |
10.2 Indonesia Cybersecurity Insurance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |