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Cyber Insurance Market Is Dominated by BFSI Category The cyber insurance market was USD 11,904.6 million in 2022, and it will reach USD 48,328.4 million, growing at a CAGR of 19.1%, by 2030 as per a report by a market research institution, P&S Intelligence. The growth in the cyber insurance industry is attributed to the adoption of cyber insurance as a risk mitigation strategy, the growing number of virus, malware, and various types of attacks on IT networks, and the increasing regulation concerning cybersecurity. The healthcare category is expected to witness the fastest growth, progressing at a rate of more than 20%. The growing digitalization and increasing internet penetration in the healthcare sector to access individual information easily have resulted in online vulnerabilities, because of which crucial data are being exposed to external and internal threats. Due to such factors, the healthcare vertical has become a main target for attackers in recent years. Therefore, to shield themselves from mitigating related and malicious intent losses, numerous healthcare organizations are choosing cyber insurance. Read More: https://www.psmarketresearch.com/market-analysis/cyber-insurance-market

Electric Toothbrush Market Analysis by Trends, Size, Share, Growth Opportunities, and Emerging Technologies The electric toothbrush market generated a value of USD 2,979.1 million in 2022, and it will propel at 6.1% CAGR, to touch USD 4,788.6 million, by 2030 as per a report by a market research institution, P&S Intelligence. The growth in the electric toothbrush industry is mainly credited to the technologically advanced features of electric toothbrushes that offer an enhanced brushing experience, for instance, whitening benefits and gum massaging actions. North America will generate a revenue of approximately USD 2 billion in 2030. This is credited to the existence of key industry players in the region and the increasing consciousness regarding oral health benefits. The advancement of technology in electric toothbrushes and mounting product launches will further boost the requirement for these toothbrushes in this region in the years to come. The U.S. led the electric toothbrush industry in North America, and it will advance at a rate of more than 5% in the years to come. This is accredited to the mounting tobacco consumption and the increasing unhealthy eating habits in the nation. Browse detailed - https://www.psmarketresearch.com/market-analysis/electric-toothbrush-market Based on distribution channels, the supermarkets/hypermarkets category generated the largest revenue in the electric toothbrush industry. This is mainly because of the accessibility of various cheap and mid-priced electric toothbrushes easily and their replacement heads in this category. Based on the end user, the children category will advance at a rate of approximately 7% in the years to come. This is ascribed to the increasing incidence of tooth decay and cavities in children, which led to more consideration by their parents, to provide oral care properly. Hence, with the advancement of technology in electric toothbrush features, the increasing problem of dental issues, and the mounting consumption of unhealthy dietary, the electric toothbrush industry will continue to grow significantly in the years to come.