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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 billion and continues to expand.
Outsourcing software development for startups involves contracting external companies or professionals to handle software creation tasks. The global software development outsourcing market is projected to reach $1.06 trillion by 2027, growing at a CAGR of 7.7% from 2020 to 2027. from 2020 to 2027.
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