|[August 21, 2014]
Research and Markets: Global Retail Industry IT Spending Market Report 2014-2018 with Cisco Systems, Dell, IBM & Hewlett-Packard Dominating
DUBLIN --(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
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
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
Cisco Systems Inc.
IBM (News - Alert) Corp.
Key Questions Answered in this Report
What will the market size be in 2018 and what will the growth rate be?
What are the Key Market Trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
For more information visit http://www.researchandmarkets.com/research/3mhfqq/global_retail
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