Product Code: ETC4386047 | Publication Date: Jul 2023 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
As cyber threats become more sophisticated, the cybersecurity insurance market in Jordan is gaining traction. Businesses of all sizes are recognizing the importance of safeguarding against data breaches, cyber-attacks, and other digital risks. This market is characterized by a growing number of insurance providers offering customized policies to mitigate financial losses associated with cyber incidents. Regulatory developments and increasing awareness of cyber risks further drive market expansion.
Jordan cybersecurity insurance market is driven by the increasing frequency and sophistication of cyber-attacks. As businesses and government institutions become more aware of the potential financial and reputational damage caused by data breaches, the demand for comprehensive cybersecurity insurance policies grows. Regulatory requirements and the adoption of digital technologies across various sectors also contribute to the market`s expansion.
The cybersecurity insurance market in Jordan confronts unique challenges stemming from the evolving nature of cyber threats and regulatory complexities. Despite the increasing awareness of cybersecurity risks among businesses, many companies in Jordan remain hesitant to invest in cyber insurance due to misconceptions about coverage adequacy and premium costs. Additionally, the lack of comprehensive data on cyber incidents and vulnerabilities makes it challenging for insurers to accurately assess and price cyber risk policies, leading to uncertainty in the market. Furthermore, regulatory ambiguity surrounding cyber insurance standards and compliance requirements adds another layer of complexity, deterring both insurers and insured parties from fully embracing cybersecurity insurance solutions.
In response to the growing threat of cyberattacks, the Jordan government has taken steps to facilitate the development of the cybersecurity insurance market. Policies have been introduced to incentivize businesses to invest in cybersecurity measures by offering insurance premium discounts for compliant organizations. Moreover, the government has collaborated with insurance companies to create tailored cybersecurity insurance products that cater to the specific needs of businesses operating in Jordan.
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 Jordan Cybersecurity Insurance Market Overview |
3.1 Jordan Country Macro Economic Indicators |
3.2 Jordan Cybersecurity Insurance Market Revenues & Volume, 2021 & 2031F |
3.3 Jordan Cybersecurity Insurance Market - Industry Life Cycle |
3.4 Jordan Cybersecurity Insurance Market - Porter's Five Forces |
3.5 Jordan Cybersecurity Insurance Market Revenues & Volume Share, By Component, 2021 & 2031F |
3.6 Jordan Cybersecurity Insurance Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Jordan Cybersecurity Insurance Market Revenues & Volume Share, By Coverage, 2021 & 2031F |
3.8 Jordan Cybersecurity Insurance Market Revenues & Volume Share, By End User Technology,Insurance,, 2021 & 2031F |
3.9 Jordan Cybersecurity Insurance Market Revenues & Volume Share, By Organization Size, 2021 & 2031F |
4 Jordan Cybersecurity Insurance Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Jordan Cybersecurity Insurance Market Trends |
6 Jordan Cybersecurity Insurance Market, By Types |
6.1 Jordan Cybersecurity Insurance Market, By Component |
6.1.1 Overview and Analysis |
6.1.2 Jordan Cybersecurity Insurance Market Revenues & Volume, By Component, 2021-2031F |
6.1.3 Jordan Cybersecurity Insurance Market Revenues & Volume, By Solutions , 2021-2031F |
6.1.4 Jordan Cybersecurity Insurance Market Revenues & Volume, By Services, 2021-2031F |
6.2 Jordan Cybersecurity Insurance Market, By Type |
6.2.1 Overview and Analysis |
6.2.2 Jordan Cybersecurity Insurance Market Revenues & Volume, By Standalone & Packaged, 2021-2031F |
6.3 Jordan Cybersecurity Insurance Market, By Coverage |
6.3.1 Overview and Analysis |
6.3.2 Jordan Cybersecurity Insurance Market Revenues & Volume, By Data Breach, 2021-2031F |
6.3.3 Jordan Cybersecurity Insurance Market Revenues & Volume, By Cyber Liability, 2021-2031F |
6.4 Jordan Cybersecurity Insurance Market, By End User Technology,Insurance, |
6.4.1 Overview and Analysis |
6.4.2 Jordan Cybersecurity Insurance Market Revenues & Volume, By Technology, 2021-2031F |
6.4.3 Jordan Cybersecurity Insurance Market Revenues & Volume, By Insurance, 2021-2031F |
6.5 Jordan Cybersecurity Insurance Market, By Organization Size |
6.5.1 Overview and Analysis |
6.5.2 Jordan Cybersecurity Insurance Market Revenues & Volume, By Large Enterprises, 2021-2031F |
6.5.3 Jordan Cybersecurity Insurance Market Revenues & Volume, By SMEs, 2021-2031F |
7 Jordan Cybersecurity Insurance Market Import-Export Trade Statistics |
7.1 Jordan Cybersecurity Insurance Market Export to Major Countries |
7.2 Jordan Cybersecurity Insurance Market Imports from Major Countries |
8 Jordan Cybersecurity Insurance Market Key Performance Indicators |
9 Jordan Cybersecurity Insurance Market - Opportunity Assessment |
9.1 Jordan Cybersecurity Insurance Market Opportunity Assessment, By Component, 2021 & 2031F |
9.2 Jordan Cybersecurity Insurance Market Opportunity Assessment, By Type, 2021 & 2031F |
9.3 Jordan Cybersecurity Insurance Market Opportunity Assessment, By Coverage, 2021 & 2031F |
9.4 Jordan Cybersecurity Insurance Market Opportunity Assessment, By End User Technology,Insurance,, 2021 & 2031F |
9.5 Jordan Cybersecurity Insurance Market Opportunity Assessment, By Organization Size, 2021 & 2031F |
10 Jordan Cybersecurity Insurance Market - Competitive Landscape |
10.1 Jordan Cybersecurity Insurance Market Revenue Share, By Companies, 2024 |
10.2 Jordan Cybersecurity Insurance Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |