The COVID-19 pandemic has increased the importance of technological advancements for businesses considerably. The software industry has been seeing strong demand over the past few years due to emerging technological trends, the growing need for data analytics, and increasing business automation in almost every industry.
Furthermore, increasing investments by various industries in advanced technologies, such as artificial intelligence and blockchains, are expected to drive the software market’s growth. Indeed, the global business software and services market is expected to grow at an 11.7% CAGR from 2022 -2030.
