TMCnet News
Research and Markets: Global Retail Industry IT Spending Market Report 2014-2018 with Cisco Systems, Dell, IBM & Hewlett-Packard DominatingDUBLIN --(Business Wire)-- Research and Markets (http://www.researchandmarkets.com/research/3mhfqq/global_retail) has announced the addition of the "Global Retail Industry IT Spending Market 2014-2018" report to their offering. The analysts forecast the Global Retail IT Spending market will grow at a CAGR of 4.10 percent over the period 2013-2018. Cloud computing refers to accessing resources operated by a third-party provider. With minimal upfront investment, cloud computing provides a pay-per-use billing model. Currently, cloud computing is the buzzword in the Technology sector, especially with the majority of large retailers viewing cloud computing as a priority, while a few others are have already adopted it or have funds in place for its adoption. According to the report the growth of the Global Retail Industry IT Spending market isdriven by several factors. The increased demand for improved customer interaction is one of the major drivers. Retailers spend a considerable amount on IT solutions to provide customers with various facilities that enable them to manage their activities conveniently, regardless of their location. Another important driver is technological differentiation because of intense competition. Further, the report states the global Retail Industry IT Spending market is facing some serious challenges. One of the key challenges is the lack of data security in IT systems; retailers are struggling to provide customers with a secure platform for transactions. Another major challenge in this market is faltering economic growth in developed countries. The report also includes a discussion of the other vendors operating in this market. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors. The Global Retail IT Spending market is categorized in three different segments:
Key Vendors Key Questions Answered in this Report
For more information visit http://www.researchandmarkets.com/research/3mhfqq/global_retail
|