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Global Cloud Security Market in the Retail Sector to Grow 20.91% by 2020 - Key Vendors are Cisco, IBM & Symantec - Research and MarketsResearch and Markets has announced the addition of the "Global Cloud Security Market in the Retail Sector 2016-2020" report to their offering. The report forecasts the global cloud security market in retail sector to grow at a CAGR of 20.91% during the period 2016-2020. Increasing mobile workforce will be a key trend for market growth. The mobile workforce in the US was 96 million in 2015, and it will reach 105 million by the end of 2020. Developing regions have been witnessing a change in the working culture of organizations. With constantly changing business scenarios, organizations are required to develop a mobile workforce in order to stay competitive. The demand for flexible IT services is increasing, which can be met by cloud solutions. In addition, changes in work locations, time zone barriers, and the need to access official and confidential data using employees' personal devices is resulting in an increased demand for cloud services. In order to address these changes, IT service providers are providin tailor-made cloud services for smartphones and tablets. This trend will strengthen in the future, thereby pushing the market growth. According to the report, increase in phishing and malware attacks in retail sector will be a key driver for market growth. Approximately 63% of the data breaches in 2015 were due to default, stolen, or weak passwords. A major reason for the adoption of cloud security is the increase in cloud-specific attacks such as crimeware, cyber-espionage, and DoS. The growing use of cloud-based services has led to the increase in cloud security attacks, which results in data theft and identity theft. Key vendors: Key Topics Covered: PART 01: Executive summary PART 02: Scope of the report PART 03: Market research methodology PART 04: Introduction PART 05: Architecture of cloud security PART 06: Market landscape PART 07: Life cycle analysis PART 08: Market segmentation by solutions PART 09: Geographical segmentation PART 10: Key leading countries PART 11: Buying criteria PART 12: Market drivers PART 13: Impact of drivers PART 14: Market challenges PART 15: Impact of drivers and challenges PART 16: Market trends PART 17: Vendor landscape PART 18: Recommendations to retailers PART 19: Appendix For more information about this report visit http://www.researchandmarkets.com/research/htmlb8/global_cloud View source version on businesswire.com: http://www.businesswire.com/news/home/20160812005568/en/ |