Latest / The 7investing Podcast
How to Invest in One of the Market’s Best Performing Sectors
If you are looking to invest in one of the market’s best-performing sectors, then look no further than Software as a Service!
Recently, technology and research advisory firm IDC wrote that spending on shared cloud services totaled $385 billion in 2021 and will see a compound annual growth rate (CAGR) of over 21.0% through 2025, reaching $809 billion. Considering the incredible growth this industry has seen over the past decade, this sector of the market continues to remain attractive for investors to due its predictable and recurring revenue, flexible and cost-efficient product, and…
The skinny
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