5 FTSE Technology Stocks to Keep on Your Radar for The Month of June
Summary Technology stocks have shown resilient performance throughout the pandemic. The sector has reported an above-average growth in revenue for the first quarter of 2021. Marketing automation market size showed growth of 13% CAGR during the period of last five years. UK technology sector has been at the forefront to minimise the wrath of the pandemic. Showing immunity against COVID-19, the sector reported an above-average annual growth of 26.7% in its revenue on a year-on-year basis in the first quarter of 2021, as per CSI Market Analysis. An important segment of the technology sector, Marketing Automation, which is used to reduce human efforts in performing repetitive tasks, has shown remarkable performance and reported a growth of 13% CAGR from 2015-2020, as per the latest report by IMARC Group. Another field of technology, the education technology market, is also growing globally at a faster pace. Its market size was $74.64 billion in 2019 and is likely to reach $318.8 billion by 2027, at a CAGR of 19.9% as expected by Market Study Report, LLC.
5 FTSE Technology Stocks to Keep on Your Radar for The Month of June
Summary Technology stocks have shown resilient performance throughout the pandemic. The sector has reported an above-average growth in revenue for the first quarter of 2021. Marketing automation market size showed growth of 13% CAGR during the period of last five years. UK technology sector has been at the forefront to minimise the wrath of the pandemic. Showing immunity against COVID-19, the sector reported an above-average annual growth of 26.7% in its revenue on a year-on-year basis in the first quarter of 2021, as per CSI Market Analysis. An important segment of the technology sector, Marketing Automation, which is used to reduce human efforts in performing repetitive tasks, has shown remarkable performance and reported a growth of 13% CAGR from 2015-2020, as per the latest report by IMARC Group. Another field of technology, the education technology market, is also growing globally at a faster pace. Its market size was $74.64 billion in 2019 and is likely to reach $318.8 billion by 2027, at a CAGR of 19.9% as expected by Market Study Report, LLC.