2012-12-12 04:03:18 - Global Security Hardware Market in Retail Industry 2008-2012 - a new market research report on companiesandmarkets.com
Security hardware includes hardware deployed for enhancing the security of IT assets. It comprises secure content management hardware, intrusion prevention & detection systems, authentication devices, firewall equipment, VPN appliances, and unified threat management devices.
The retail industry comprises individuals or companies engaged in the business of selling finished goods to the customers. These finished goods reach customers through various sales channels, which include catalog stores, brick & mortar stores, e-commerce or online channels, etc. The industry is categorized as per various types of products retailed, types of retail formats, etc.
Even though the retail industry promises to be one of the growth drivers for the global economy in the long term, the industry´s profits are currently affected by the ongoing recession. Thus,
the retailers are looking forward to expand their markets on a global level, align business strategy according to the customer needs, and build operations around a new business strategy. In short, the retail companies are building customer centric business models. However, with the changing times, classification of customers is becoming difficult due to diverse behaviors displayed by them. This is leading to an increase in penetration of technology in the retail sector. The retail companies are adopting new technologies to increase & analyze their customers, operations and market.
Customers are looking for comprehensive security in a single hardware device as various threats that require point solutions are dwindling. Moreover, increasing computer network attacks are resulting in high severity in damage and speed of contagion. To ensure security from such threats, unified threat management appliance that provide comprehensive solution is being offered in the market.
The report by TechNavio Insights forecasts the size of the global security hardware market in retail industry over the period 2008-2012. It segments the security hardware market into various geographic regions (representing the market size for each of these regions). Further, it discusses the key market trends, drivers and challenges of the security hardware market in the retail industry, and profiles some of the key vendors of this industry.
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