Global Retail Cloud Market and Cloud Intrusion Protection Software Market 2018 By Competitive Situations, Defensible Evolution, Key Players Investors Analysis over 2023
Orbis Research Present’s “Global Cloud Intrusion Protection Software Market and Global Retail Cloud Market Report 2018” has been prepared based on an in-depth market analysis with inputs from industry experts.
Dallas, United States – May 25, 2018 /MarketersMedia/ —
Global Retail Cloud Market 2018-2023:
The Global Retail Cloud Market was valued at USD 13.24 billion in 2017 and is estimated to reach USD 40.75 billion by 2023, recording a CAGR of 20.61% over the forecast period of 2018–2023. The scope of the report is limited to the type of solution, model, deployment method, and organization size. The regions considered in the scope of the report include North America, Europe, Asia-Pacific, Latin America, and the Middle East & Africa.
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Software as a Service:
Software as a Service (SaaS) application is implemented for addressing various business functions, such as analytics and business intelligence, accounting and finance, collaboration, customer relationship management (CRM), human resources (HR), enterprise resource planning (ERP), and security.
The ever-changing business requirements are making retail industries less willing to integrate and maintain expensive on-premise solutions. Hence, the SaaS computing model is serving as one of the attractive cloud solutions for the companies looking to meet their diverse logistic needs and overcome economic challenges. In addition, to manage the demand for products, ensuring a balanced portfolio being offered to customers is boosting the adoption of SaaS-based resource management solutions. SaaS applications are increasingly being used in small & medium enterprises (SMEs), which are unlikely to be attracted by the prospect of deploying and managing on-premise infrastructure and applications.
Asia-Pacific to Register the Fastest Growth:
Though North America was expected to hold the largest market share and dominate the retail cloud market in 2016, yet the Asia-Pacific region is expected to witness the highest growth rate during the forecast period, owing to developments in India and China. Over the last two years, the public cloud services market in India has seen phenomenal growth–reaching USD 1.8 billion in 2017, and this figure is expected to reach USD 4.1 billion by 2020. Today, India is second only to China as the largest and fastest-growing cloud services market in Asia-Pacific.
Key Developments in the Market:
October 2017- SAP SE updated enterprise information management (EIM) portfolio to help customers better manage and use their data for digital transformation, cloud, Big Data, the Internet of Things (IoT), and data protection and privacy.
July 2017 – Infor expanded ERP into the Extended Supply Chain. Infor is now able to connect the core applications of an enterprise with its logistics, supplier, and finance networks, increasing network-wide visibility, collaboration, efficiency, and responsiveness, making an enterprise more agile and competitive.
The major players include:
CISCO SYSTEMS, INC., ORACLE CORPORATION, SAP SE, INTERNATIONAL BUSINESS MACHINES CORPORATION, MICROSOFT CORPORATION, and FUJITSU LIMITED, amongst others.
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Companies Mentioned:
Cisco Systems, Inc., DXC Technology, Epicor Software Corporation, Fujitsu Limited, Infor, Inc., International Business Machines Corporation, JDA Software Group, Inc., Microsoft Corporation, Oracle Corporation, Rapidscale, Retailcloud, SAP SE, Syntel, Inc.
Table Of Content:
1. Introduction
2. Research Approach and Methodology
3. Market Insights
4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.2.2 High Deployment Cost
5. Market Segmentation
6. Competitive Intelligence – Company Profiles
Continued…
Part 2:
Global Cloud Intrusion Protection Software Market 2018-2023:
The Global Cloud Intrusion Protection Software Market was valued at USD 0.40 billion in 2017 and is expected to reach a value of USD 1.5 billion by 2023 at a CAGR of 24.65% over the forecast period of 2018 – 2023. The use of cloud services is growing rapidly in a broad range of areas as more companies are beginning to implement cloud services.
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Increased IT Spending on Network Security:
Non-complex or weak network access is a common problem in recent times, with regard to network security. Since hackers are motivated by scoring political points and embarrassing companies, they always try to steal unstructured data such as email and other important documents. Loss of such important data might lead businesses to drop due to loss of reputation, which was the case in the Sony hack, due to bad publicity. Solutions, such as Captcha technology, have been giving network security administrators a false sense of security. In terms of strategic initiatives, nearly 59% of the organizations have planned to spend more on security as it stands to be the major concern among the network administrators when compared to cloud applications.
Telecom and Information Technology Expected to Grow Exponentially:
Cloud intrusion protection systems are seeing growing adoption in the telecom industry, which serves every other industry in the market. With advancements in technology and increasing adoption of modern connectivity systems, the demand for communication services in industries, such as automotive, retail, energy & power, government services, IT sector and other industries employing technology, has seen an incremental growth over the past decade. The telecom industry now serves a critical link for every industry to operate without interruptions. With the advent of cloud services, the dependence on communication is growing. The telecom and IT industries have merged to provide better operations. The IT industry now plays a major role. With industries moving toward cloud and automation, they are increasingly deploying IT systems to support operations and telecom industries to provide connectivity and communication services, to facilitate the working of the whole system.
The major players include:
CISCO SYSTEMS, INC., IBM CORPORATION, FORTINET, INC., CHECK POINT SOFTWARE TECHNOLOGIES LTD, HP, INC., MCAFEE, INC., INTEL CORPORATION, DELL, INC., CORRERO GROUP, TRUSTWAVE CORPORATION, ALIENVAULT, INC., EXTREME NETWORKS, INC., JUNIPER NETWORKS INC., SYMANTEC CORPORATION, and STONESOFT LTD (FORCEPOINT), amongst others.
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Companies Mentioned:
AlienVault, Inc., Check Point Software Technologies Ltd, Cisco Systems Inc., Correro Group, Dell, Inc., Extreme Networks, Inc., Fortinet, Inc.. HP, Inc., IBM Corporation, Juniper Networks, Inc., McAfee, Inc. (Intel Corporation), Stonesoft Ltd (Forcepoint), Symantec Corporation, Trustwave Corporation
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