The Technology sector has meaningfully outperformed the broader market in recent years. The COVID-19 pandemic in particular drove a major demand spike in edge devices (PCs and smartphones) and other products for the connected home. 2022 has been a different story for investors. The supply-chain crisis was focused in electronic parts and there has been a decline in consumer edge-device demand as inflation sapped household buying power. Rising interest rates have also hit valuations. Yet the sector is also benefiting from cyclical, demographic, and secular drivers. The hybrid workplace is here to stay, and the PC has recaptured its once-preeminent place in the technology ecosystem. From a demographic perspective, up to two billion people worldwide are joining the middle class and prioritising real-time connectivity. Multiple secular drivers, including cloud, AI, automation, electronic vehicles & autonomous driving are expanding technology demand into non-traditional markets. Our recommended investment to tap into this theme is the Polar Capital Technology Trust (PCT.L), an investment trust listed on the LSE with a phenomenal track record (+495% over the last 10 years).