Global Cloud Security Market In The Retail Sector 2023-2027
The cloud security market in the retail sector is forecasted to grow by USD 4,582.14 mn during 2022-2027, accelerating at a CAGR of 13.57% during the forecast period. The report on the cloud security market in the retail sector provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by e-commerce growth, rising data privacy regulations, and cybersecurity threat landscape.
Technavio's cloud security market in the retail sector is segmented as below:
By Solution
- Cloud IAM
- Cloud e-mail security
- Cloud IDS/IPS
- Cloud DLP
By End-user
By Geographical Landscape
- North America
- Europe
- APAC
- Middle East and Africa
- South America
This study identifies the increased adoption of cloud-based point of sale (POS) systems as one of the prime reasons driving the cloud security market in the retail sector growth during the next few years. Also, emphasis on data privacy and compliance and AI and machine-learning-powered threat detection will lead to sizable demand in the market.
The report on the cloud security market in the retail sector covers the following areas:
- Cloud security market in the retail sector sizing
- Cloud security market in the retail sector forecast
- Cloud security market in the retail sector industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading cloud security market in the retail sector vendors that include AccuKnox Inc., Akamai Technologies Inc., Alphabet Inc., Amazon.com Inc., Ascend Technologies LLC, Banyan Data Services, Caveonix Inc., Check Point Software Technologies Ltd., CrowdStrike Holdings Inc., Data Theorem Inc., Dell Technologies Inc., Ermetic Ltd., F5 Inc., Fidelis Cybersecurity Inc., FireMon LLC, Forcepoint LLC, Fortinet Inc., Fortra LLC, Lookout Inc., and Cisco Systems Inc.. Also, the cloud security market in the retail sector analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.