Cloud Security  in Retail Market Evolving Technology, Trends and Advancement 2022 to 2027

The Cloud Security  in Retail market has been thoroughly scrutinized and then carefully demarcated by geographic locations which are based on major economic regions and their topographical regions. Growing competition and the changing market dynamics have been highlighted. Aggressive market players are profiled with attributes of company overview, financial overview, business strategies, product portfolio, and recent developments. The Cloud Security  in Retail Market share and Market size prominent players for 2020 to 2027 are profiled in this report.

Competitive Landscape: Trend Micro Inc.,  Imperva Inc.,  Broadcom Inc.,  IBM Corporation,  Cisco Systems Inc.,  Fortinet Inc.,  Sophos PLC,  Mcafee LLC,  Qualys Inc.,  Check Point Software Technologies Ltd,  Computer Science Corporation (CSC) and Others

Industry News:

May 2019 Trend Micro extended the reach of its container security offerings to inspect all lateral and horizontal traffic movements between the containers and platform layers. It has added support for scanning of images prior to being loaded into a container registry.
February 2019 Imperva and Prevoty announced to create a consolidated, and comprehensive platform for application and data security. The combination of Imperva and RASP (Prevoty's flagship product) extends customers' visibility into how applications behave and how users interact with sensitive information.

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Scope of the Report:

The Cloud Security  in Retail Market is expected to register a CAGR of 27.8% over the forecast period 2022 - 2027.

The growing threats of cyber-attacks are augmenting the market growth. According to the latest report by Thales e-Security, half of the US retailers' data were breached in the past year, which was above the 27% global average for retailers. Most of the login attempts made on online retailers' websites were by hackers for using stolen data.
Migration of retail decision processes from on-premise to cloud is a challenge, as most of the processes like merchandise management and accounting are supported by on-premise solutions. The retailers should focus on new events, like customer information storage or customer buying pattern that could be transferred to the cloud. For the old events, a more intelligent ERP system could be developed to enable the retail functions to scale as needed.

Key Market Trends:

Intrusion Detection and Prevention to Register a Significant Growth

An Intrusion Detection and Prevention Software (IDPS) monitors the network traffic for signs of a possible attack. When it detects potentially dangerous activity, it takes action to stop the attack. Often, this takes the form of dropping malicious packets, blocking network traffic, or resetting connections. The IDPS also usually sends an alert to security administrators about the potential malicious activity.
The two main contributors to the successful deployment and operation of an IDS or IPS are the deployed signatures and the network traffic that flows through it.
According to Insider Threat report in 2018, most of the insider exploits are detected through IDPS. This indicates the popularity of IDPS and explains why a majority of the vendors are offering this service.

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Asia-Pacific to Witness the Highest Growth

Asia is a major player in the changing retail landscape, pwing to the rise in e-commerce startups. China leads the e-commerce market, with Alibaba recently opening a pop-up store in Australia and reflecting the 'phygital' trend toward digitally-enhanced offline experiences.
Offline retail is also gaining popularity. According to the International Labour Organization (ILO), it employs an aggregate of 44.6 million workers, which represents 16% of the region's total employment.
Kroger and Microsoft announced a collaboration in January 2019 to redefine the customers' experience using Kroger Technology products powered by Microsoft Azure, the retailer's preferred cloud platform for Retail-as-a-Service (RaaS).

Regional Analysis for Cloud Security  in Retail Market:

North America, Latin America, Asia-Pacific, Africa, Europe, and others have been studied at length based on various parameters of businesses such as type, size, application, and end-users.  The global Cloud Security  in Retail Market is presented for niche reading. The report presents portfolios of different strategies and the best practices governing businesses. Some applicable sales methodologies have been included in this research report, that could influence business output.

Highlights about Cloud Security  in Retail report coverage:

- A complete background analysis, which includes an assessment of the Global Cloud Security  in Retail Market.

- Important changes in Cloud Security  in Retail market dynamics

- Cloud Security  in Retail Market segmentation up to the second & third level regional bifurcation

- Historical, current, and projected size of the Cloud Security  in Retail market with respect to both value (Revenue) and volume (Production & Consumption)

- Reporting and evaluation of recent Cloud Security  in Retail industry developments

- Cloud Security  in Retail Market shares and strategies of key players

- Emerging niche Cloud Security  in Retail segments and regional markets

- An objective assessment of the trajectory of the Cloud Security  in Retail market

- Recommendations to companies for strengthening their foothold in the Cloud Security  in Retail market

The research includes historic data from 2016 to 2021 and forecasts until 2027 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, consultants, analysts, and other people looking for key industry data in readily accessible documents with clearly presented tables and graphs.

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