Supervisory Control and Data Acquisition (SCADA) Cyber Insurance Market Report 2026

The supervisory control and data acquisition (SCADA) cyber insurance market size has grown exponentially in recent years. It will grow from $2.79 billion in 2025 to $3.51 billion in 2026 at a compound annual growth rate (CAGR) of 25.7%. The growth in the historic period can be attributed to increasing cyberattacks on industrial control systems, adoption of SCADA systems across utilities and manufacturing, rising financial losses from operational disruptions, growth in regulatory compliance requirements, increasing awareness of cyber risk in critical infrastructure.

The supervisory control and data acquisition (SCADA) cyber insurance market size is expected to see exponential growth in the next few years. It will grow to $8.82 billion by 2030 at a compound annual growth rate (CAGR) of 25.9%. The growth in the forecast period can be attributed to growing deployment of industry 4.0 and connected SCADA networks, increasing integration of AI-driven threat monitoring, rising demand for specialized cyber insurance coverage, expansion of cyber risk consulting and advisory services, increasing focus on real-time incident response and business continuity planning. Major trends in the forecast period include increasing adoption of scada-specific cyber insurance policies, rising demand for first-party and comprehensive coverage, growing integration of threat intelligence and monitoring solutions, expansion of incident response and recovery services, rising focus on regulatory compliance and reporting solutions.

The rising cyber-attacks on critical infrastructure are expected to propel the growth of the supervisory control and data acquisition (SCADA) cyber insurance market going forward. Cyber-attacks on critical infrastructure refer to malicious digital activities targeting essential systems, including energy, transportation, water, and communication networks, with the intent to disrupt operations, steal data, or inflict large-scale damage. The increase in cyber-attacks on critical infrastructure is driven by the widespread digitization and interconnectivity of essential systems, which create additional entry points for hackers and cybercriminals. SCADA cyber insurance supports critical infrastructure by providing financial coverage, risk mitigation assistance, and rapid response services to minimize operational disruption and recovery costs. For instance, in July 2024, according to the Chaucer Group, a UK-based insurance and reinsurance company, cyberattacks targeting UK utility companies rose from 7 in 2022 to 48 in 2023, representing a 586% increase. Therefore, the rising cyber-attacks on critical infrastructure are driving the growth of the supervisory control and data acquisition (SCADA) cyber insurance market.

Leading companies operating in the supervisory control and data acquisition (SCADA) cyber insurance market are concentrating on creating innovative products, such as comprehensive cyber insurance solutions, to enhance critical infrastructure resilience and mitigate financial losses from increasingly sophisticated cyber threats. Comprehensive cyber insurance solutions provide end-to-end financial and operational protection against cyber incidents, covering data breaches, ransomware attacks, business interruption, legal liabilities, and recovery costs. For example, in January 2025, Tata AIG General Insurance Company Limited, an India-based insurance provider, launched CyberEdge, a cyber insurance solution designed to protect businesses of all sizes from diverse cyber risks in SCADA and industrial control systems. The policy offers 24/7 access to legal and IT forensic experts within two hours of reporting an incident and covers costs related to forensic investigations, legal fees, data recovery, extortion, and business interruptions. Additionally, CyberEdge extends protection to bring your own device (BYOD), operational technology, industrial control, and SCADA systems, while also providing network interruption and loss prevention services, making it suitable for organizations managing critical infrastructure.

In January 2024, The Travelers Companies Inc., a US-based insurance company, acquired Corvus Insurance Holdings Inc. for an undisclosed amount. Through this acquisition, Travelers aimed to propel and strengthen its cyber insurance capabilities, contributing to the expansion of its technological underwriting and risk management solutions while supporting growth in the evolving cyber risk market. Corvus Insurance Holdings Inc. is a US-based company that offers cyber insurance covering SCADA systems within its computer systems scope through its smart cyber insurance platform.

Major companies operating in the supervisory control and data acquisition (SCADA) cyber insurance market are Allianz Aktiengesellschaft, Chubb Limited, Tokio Marine HCC Insurance Ltd., Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft, The Travelers Companies Inc., American International Group Inc., Sompo International Holdings Ltd., Swiss Reinsurance Company Ltd., Marsh And McLennan Companies Inc., QBE Insurance Group Limited, Aon plc, CNA Financial Corporation, Willis Towers Watson Public Limited Company, AXA XL Insurance, Hiscox Ltd., Beazley PLC, Coalition Insurance Inc., At-Bay Insurance Services Inc., Zurich Insurance Group Ltd., Liberty Mutual Insurance Group.

North America was the largest region in the supervisory control and data acquisition (SCADA) cyber insurance market in 2025. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the supervisory control and data acquisition (SCADA) cyber insurance market report are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the supervisory control and data acquisition (SCADA) cyber insurance market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The supervisory control and data acquisition (SCADA) cyber insurance market includes revenues earned by entities through cyber risk underwriting, industrial control system (ICS) risk assessment, vulnerability and penetration testing services, policy issuance and premium collection, incident response coverage, business interruption coverage, ransomware and extortion coverage, claims management, loss adjustment services, and reinsurance support. The market value includes the value of related goods sold by the service provider or included within the service offering. Only goods and services traded between entities or sold to end consumers are included.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

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