Nearshore Software Development:
A White Paper with an easy-to-digest Forecasting for 2021.
What Will You Learn?
By all indications that market will expand significantly in the coming year. According to Statista, global IT outsourcing services revenue is expected to rise from $378.1 billion in 2018 to $413.7 billion in 2021. Larger enterprises are projected to continue outsourcing at a high rate, and many smaller businesses, especially startups, will be outsourcing the majority of their processes. The “Outsourcing in 2020” report produced by the National Outsourcing Association reveals that 70% of companies say they plan to outsource in the future.
Producing the software required to support new digital solutions in areas such as these, as well as that needed for ongoing maintenance, will almost certainly lead to significant growth in the use of nearshore staff augmentation and software development outsourcing in the coming year.