
With an increasing focus on digitization, process automation, and data analytics to gain more business insights and efficiency, the demand for software solutions has grown tremendously. In addition, the shift to cloud computing and software-as-a-service has been helping the software industry generate continuing growth.
Furthermore, growing demand for advanced software products and services in almost every industry should help the software industry keep growing in the coming months. According to Grand View Research, the global business software and services market is expected to grow at an 11.3% CAGR by 2028.