3 Software Stocks With Potential for End-of-Year Success

The software industry is bolstered by dynamic trends, including substantial market growth, increased reliance on cloud-based solutions, and a transformative impact of the pandemic on digital ecosystems. Therefore, investors could consider investing in quality software stocks: Microsoft Corporation (MSFT – Get Rating), Docebo Inc. (DCBO – Get Rating), and Kaltura, Inc. (KLTR – Get Rating) for end-of-year success. The surge in […] December 11, 2023 [Option Sensei] [3 Software Stocks With Potential for End-of-Year Success]( The software industry is bolstered by dynamic trends, including substantial market growth, increased reliance on cloud-based solutions, and a transformative impact of the pandemic on digital ecosystems. Therefore, investors could consider investing in quality software stocks: Microsoft Corporation ([MSFT]( – [Get Rating]( Docebo Inc. ([DCBO]( – [Get Rating]( and Kaltura, Inc. ([KLTR]( – [Get Rating]( for end-of-year success. The surge in enterprise data volume, increased automation, and expanding cloud adoption are key drivers for the global business software and services market. North America leads in market share, emphasizing finance and support services, with ongoing advancements in technologies like blockchain and AI influencing industry growth. The global business software and services market is expected to expand at a [CAGR of 11.9%]( from 2023 to 2030. Additionally, the software as a service (SaaS) industry is witnessing a surge in demand driven by the increasing adoption of public cloud services, particularly in response to the high cost of on-premises software deployment. The global market of SaaS is projected to expand at a [CAGR of 13.9%]( to reach $1.02 trillion by 2032. Furthermore, the application development software market is witnessing a shift toward industry-specific platforms, increased emphasis on automation and workflow tools, and a rising demand for user-friendly development environments. These trends reflect a shift toward specialized solutions and enhanced development capabilities to meet diverse application requirements. In 2023, revenue in the U.S. application development software market is projected to reach $85.66 billion. It is expected to grow at a CAGR of 5.8% to [reach $113.70 billion by 2028](. The global application development software market is expected to expand at a [CAGR of 21%]( to reach $787.69 billion by 2027. Considering these conducive trends, let’s look at the fundamentals of… Continue reading at [STOCKNEWS.com]( NOTE: If URLs do not appear as live links in your e-mail program, please cut and paste the full URL into the location or address field of your browser. [Privacy Policy]( | [Terms & Conditions]( This is a paid advertisement.This is not a solicitation for the purchase or sale of securities. Readers are encouraged to conduct their own research and due diligence, and/or obtain professional advice, prior to making any investment decision. Advertisements and sponsorships are provided as a service to Wealthpop users. Wealthpop is not responsible for their content, services or products. The statements and opinions contained in this advertisement are not those of Wealthpop, and Wealthpop disclaims any liability for or arising from such statements and opinions. You are hereby advised that Wealthpop is receiving a fee as compensation for the distribution of this advertisement. [Click here to unsubscribe]( Copyright © 2023 Wealthpop. All rights reserved. Magnifi Communities, 1 Penn Plaza, Suite 3910, New York, NY 10019