Although massive supply chain disruptions, the Fed's interest rate increases to curb inflation, and the shortage of semiconductor chips have posed a significant threat to the overall tech industry’s growth, most companies in this space are poised to grow on account of increasing hybrid working trends, rapid digitization, and increasing business automation.
Furthermore, the need for data analytics has grown in tandem with the expansion of businesses’ operations. The global software market is expected to reach $608.70 billion in 2022.
