Although the tech industry was slammed by macroeconomic headwinds earlier this year, technology executives remain optimistic about the sector's future growth. According to an Ernst & Young poll of tech leaders, 74% of leaders see opportunities for their organizations despite a recessionary environment.
In addition, the adoption of advanced technologies, with most firms opting for a cloud-first strategy, should be the driving force for the industry’s growth. The global information technology market is expected to grow at an 8.8% CAGR to $13.09 trillion in 2026.
