SCADA cyber insurance market seen reaching $8.82 billion by 2030

By AI, Created 3:07 PM UTC, June 02, 2026, /AGP/ – The SCADA cyber insurance market is projected to grow from $2.79 billion in 2025 to $3.51 billion in 2026, as cyberattacks on industrial control systems drive demand for specialized coverage. North America led the market in 2025, while Asia-Pacific is expected to post the fastest growth through 2030.

Why it matters: - SCADA cyber insurance is becoming a core risk tool for operators of critical infrastructure as industrial systems face more frequent and more complex cyberattacks. - The coverage is aimed at limiting financial losses from outages, data breaches, recovery costs and other disruption tied to attacks on SCADA networks. - The market’s growth points to wider pressure on utilities, manufacturers and other industrial operators to buy specialized protection, not generic cyber coverage.

What happened: - The Business Research Company projected the SCADA cyber insurance market will rise from $2.79 billion in 2025 to $3.51 billion in 2026. - The forecast implies 25.7% growth in 2026. - The market is expected to reach $8.82 billion by 2030, with a 25.9% CAGR over the forecast period. - North America held the largest market share in 2025. - Asia-Pacific is expected to be the fastest-growing region during the forecast period.

The details: - SCADA cyber insurance is tailored to organizations that use supervisory control and data acquisition systems to monitor and control industrial operations. - The coverage is designed to help offset losses from cyberattacks, system failures and data breaches. - The insurance can cover damages, business interruption and recovery costs. - The market is being supported by rising digitization and connectivity in industrial systems. - SCADA networks are becoming more exposed as they are integrated into Industry 4.0 environments. - Demand is also rising for AI-driven threat detection and cyber risk consulting and advisory services. - Real-time incident response and business continuity planning are becoming more important to buyers. - Insurers are increasingly bundling threat intelligence and monitoring tools into offerings. - The market analysis also covers South East Asia, Western Europe, Eastern Europe, South America, the Middle East and Africa.

Between the lines: - The market forecast reflects a broader shift in industrial cybersecurity from prevention alone to financial resilience and rapid recovery. - A July 2024 example from Chaucer Group showed UK utility cyber incidents rising from 7 in 2022 to 48 in 2023, a 586% increase. - That jump helps explain why insurers and buyers are treating critical infrastructure as a higher-priority cyber risk category. - The report also suggests that regional growth will track industrial investment and cybersecurity spending, especially in emerging infrastructure markets.

What’s next: - Market demand is likely to stay tied to attack frequency, regulatory pressure and the pace of industrial digitalization. - Asia-Pacific’s growth may accelerate as industrial expansion and critical infrastructure investment continue. - The Business Research Company said its 2026 reports now include market attractiveness scoring, TAM analysis, company scoring matrix graphics and tables, Excel dashboards, market hotspot infographics, and updated technology and trend analysis.

The bottom line: - SCADA cyber insurance is moving from a niche product to a key layer of protection for critical infrastructure operators facing rising cyber risk. - For more information, see the full report or download a free sample.