
Increasing digitalization and advancements in the cloud are expected to drive growth in the software industry. Given the rosy prospects of the sector, investors could consider quality software stocks Manhattan Associates, Inc. (MANH), PDF Solutions, Inc. (PDFS), and MarketWise, Inc. (MKTW).
A surge in the volume of enterprise data, rising automation of business processes, and growing digitization are the major drivers of the software market. Moreover, increasing network security and privacy concerns support the industry's growth.