Abstract
The market growth is primarily focusing on the implementation and investment in various cloud based projects as the rise in demand for cloud based platforms has been a benefit for cloud based vendors creating opportunities in expansion of the business by launching various editions and advanced version for better productivity. The global cloud computing market is projected to grow from $250.04 billion in 2021 to $791.48 billion in 2028 at a CAGR of 17.9% in the forecast period The growth is attributable to the digital transformation, increasing penetration towards connected devices and growing automation amongst small and medium enterprises. Unforeseen emergencies, application vulnerabilities and online cyber attacks are the various restraining factors for Privacy & Security Concerns about data breaches and data losses. With the requirement of faster processing cycle in real time scenario, various enterprises are moving towards Omni-Cloud Solutions to leverage numerous advantages such as ease of data use, effective decision making , scalability and security of data. The trending protective method applicable here is Intrusion Detection System, which is one the way for real-time detection for breaches and establishment of more stronger security.
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