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Cloud Security Market 2020 | Intelligence Insights by Growth Rate, Industry Size, Industry Scope, Current Trends, Future Forecast to 2024

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The “Cloud Security Market” report provides a complete overview of the market trade scenario, size, segmentation, competition scenario, and others. It provides the perfect industry detailed description of the different products and service segments associated with the key players. Cloud Security market report includes research methodology, value chain analysis, industry analysis by the power of suppliers and consumers. Cloud Security market report also includes new upcoming technology of Cloud Security Industry that will help to our clients.

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Market Overview:

  • The cloud security market in retail is expected to register a CAGR of 27.8% over the forecast period 2019-2024. According to the 2018 Cost of a Data Breach Study by Ponemon Institute, the average cost of a data breach is USD 3.86 million, which is a 6.4% increase on the 2017 cost of USD 3.62 million. To counter the same, investment in cloud security solutions in retail is increasing.
  • – Growing threats of cyber attacks are augmenting market growth. According to latest report by Thales eSecurity, half of U.S. retailers were breached in the past year, well above the 27% global average for retailers. Most of the login attempts made on online retailers’ websites are hackers using stolen data.
  • – Migration of retail decision processes from on-premise to cloud is a challenge since most of the processes like merchandise management and accounting are supported by on-premise solutions. 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 which enables the retail functions to scale as needed.

    Cloud Security Market Covers Key Players:

  • Trend Micro
  • Inc.
  • Imperva
  • Inc.
  • Symantec Corporation
  • IBM Corporation
  • Cisco Systems
  • Inc.
  • Fortinet
  • Inc.
  • Sophos
  • PLC
  • Mcafee LLC
  • Qualys
  • Inc.
  • CA Technologies
  • Check Point Software Technologies Ltd
  • Computer Science Corporation (CSC)

    Some Major Points Covered in Cloud Security Market Report:

    • Introduction and Market Overview
    • Industry Chain Analysis
    • Market, by Type
    • Market, by Application
    • Production, Value ($) by Region (2014-2019)
    • Production, Consumption, Export, Import by Regions (2014-2019)
    • Market Status and SWOT Analysis by Regions
    • Competitive Landscape
    • Analysis and Forecast by Type and Application
    • Analysis and Forecast by Region
    • New Project Feasibility Analysis
    • Research Finding and Conclusion

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    Scope of the Report:

  • Retailers want to enable a seamless customer experience and ensure staying away from the security breach headlines, hence, they are adopting cloud applications to balance efficiency and security. It helps them to maximize shareholder value, streamline their business operations, and effectively address customer expectations.
  • Key Market Trends:

    Intrusion Detection and Prevention to Register a Significant Growth

    – An Intrusion Detection and Prevention Software (IDPS) monitors 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 2018 report, most insider exploits are detected through IDPS. This indicates the popularity of IDPS and why majority of the vendors are offering this service.

    Asia-Pacific to Witness the Highest Growth

    – Asia is a major player in the changing retail landscape due to 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 towards 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 percent of the region’s total employment.
    – Kroger and Microsoft announced a collaboration in January 2019 to redefine the customer experience using Kroger Technology products powered by Microsoft Azure, the retailer’s preferred cloud platform for Retail as a Service (RaaS).
    – To retain the data authenticity generated by retail industry (for instance, customer shopping data for personalization), move towards cloud and hence its security is of utmost importance.

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    Detailed TOC of Cloud Security Market Report 2020-2024:

    1 INTRODUCTION
    1.1 Study Deliverables
    1.2 Study Assumptions
    1.3 Scope of the Study

    2 RESEARCH METHODOLOGY

    3 EXECUTIVE SUMMARY

    4 MARKET DYNAMICS
    4.1 Market Overview
    4.2 Introduction to Market Drivers and Restraints
    4.3 Market Drivers
    4.3.1 Growing Threats of Cyber Attacks are Augmenting Market Growth
    4.4 Market Restraints
    4.4.1 Migration of Retail Processes from On-Premise to Cloud is a Major Challenge
    4.5 Value Chain Analysis
    4.6 Industry Attractiveness – Porter’s Five Force Analysis
    4.6.1 Threat of New Entrants
    4.6.2 Bargaining Power of Buyers/Consumers
    4.6.3 Bargaining Power of Suppliers
    4.6.4 Threat of Substitute Products
    4.6.5 Intensity of Competitive Rivalry

    5 MARKET SEGMENTATION
    5.1 By Solution
    5.1.1 Identity and Access Management
    5.1.2 Data Loss Prevention
    5.1.3 Intrusion Detection and Prevention
    5.1.4 Security Information and Event Management
    5.1.5 Encryption
    5.2 By Security
    5.2.1 Application Security
    5.2.2 Database Security
    5.2.3 Endpoint Security
    5.2.4 Network Security
    5.2.5 Web & Email Security
    5.3 By Deployment Mode
    5.3.1 Private
    5.3.2 Hybrid
    5.3.3 Public
    5.4 Geography
    5.4.1 North America
    5.4.2 Europe
    5.4.3 Asia-Pacific
    5.4.4 Latin America
    5.4.5 Middle East & Africa

    6 COMPETITIVE LANDSCAPE
    6.1 Company Profiles
    6.1.1 Trend Micro, Inc.
    6.1.2 Imperva, Inc.
    6.1.3 Symantec Corporation
    6.1.4 IBM Corporation
    6.1.5 Cisco Systems, Inc.
    6.1.6 Fortinet, Inc.
    6.1.7 Sophos, PLC
    6.1.8 Mcafee LLC
    6.1.9 Qualys, Inc.
    6.1.10 CA Technologies
    6.1.11 Check Point Software Technologies Ltd
    6.1.12 Computer Science Corporation (CSC)

    7 INVESTMENT ANALYSIS

    8 MARKET OPPORTUNITIES AND FUTURE TRENDS

     

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