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Furthermore, the remote working trend is expected to continue with the recent resurgence of COVID-19 cases, to the benefit of the SaaS industry. According to a Research and Markets report, the global SaaS market is expected to grow at a 10% CAGR between 2021 and 2023.
So, we think it could be wise to bet on SaaS stocks The Sage Group plc (SGPYY) and MiX Telematics Limited (MIXT), which possess strong fundamentals and promising growth prospects.
