Remove 2026 Remove IT Outsourcing Remove Operational Costs
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Key Software Development Outsourcing Statistics and Trends for 2024

Groove Technology

Software development outsourcing, a strategic approach to delegating software creation tasks to external providers, has emerged as a pivotal element in the global IT ecosystem. The IT outsourcing market has reached $617.69 and GDPR from outsourcing providers to ensure data protection. billion and continues to expand.

Software 100
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Outsourcing in the Middle East: Shifting from Resistance to Opportunity | Blog

Everest Group

IT outsourcing accounts for 80-90% of the market, with the remainder driven by BPS. billion in 2023, growing at a Compound Annual Growth Rate (CAGR) of 10-12%, and is projected to reach US$6.5-7 7 billion by 2027. The Central Bank of Dubai partnered with an India-based provider to boost digital payments and embedded finance in the UAE.