Despite several macroeconomic headwinds hampering the tech sector's performance this year, it continues to level up as we head into 2023 and prepare against any potential slowdown. The sheer magnitude of the industry makes it one of the most dominant industries in the global economy, with countless opportunities springing up as it touches every firm and every industry vertical.
The widespread adoption of new and advanced technologies should drive the industry’s growth. Most firms are adopting a cloud-first strategy. In addition, the development of augmented and virtual reality (AR/VR) technology and the cultural shift brought on by the COVID-19 pandemic have boosted the significance and acceptance of technology.
