3 top tech shares to buy in October

The Altium Limited (ASX:ALU) share price is one of three in the tech sector which I think has plenty of upside potential…

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Although the Nasdaq is home to many of the biggest and brightest tech companies in the world, the Australian share market certainly is no slouch.

Three top tech shares with global aspirations are listed below. Here's why I think they are worth a closer look:

Altium Limited (ASX: ALU)

Global technology giant Cisco has predicted that there will be upwards of 500 billion devices and objects connected to the internet by 2030. As the majority of these devices will require printed circuit boards (PCB) inside them, I expect demand for Altium's PCB design software will increase substantially. This could make it a great buy and hold investment option.

Family Zone Cyber Safety Ltd (ASX: FZO)

The shares of this cyber safety products and services provider have been on a tear this year and risen 332%. It isn't hard to see why investors have been piling in. As well as breaking into the U.S. education sector in FY 2017, Family Zone announced a significant agreement with Indonesian telco company Telkomsel following a successful trial. This will give the company access to upwards of 165 million mobile phone subscribers to offer its products and services to.

XERO FPO NZX (ASX: XRO)

While this accounting software provider has been able to carve out a large share of the market in Australia and New Zealand, it has barely even scratched at the surface in North America and Europe. Although successfully winning market share in these markets will not be easy, I believe the overall quality of the product puts it in a good position to do so.

Motley Fool contributor James Mickleboro has no position in any of the stocks mentioned. The Motley Fool Australia owns shares of Altium and Xero. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Bruce Jackson.

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