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Key Software Development Outsourcing Statistics and Trends for 2024

Groove Technology

By 2027, it’s expected to grow at a compound annual growth rate (CAGR) of 5%, with a significant portion of this growth driven by software development outsourcing as companies seek specialized technical skills and cost-effective solutions. Some key statistics highlight the total market size of the software outsourcing industry.

Software 100
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Borderless Outsourcing: Accelerating Digital Transformation

Premier BPO

The transformative solution of borderless outsourcing can help companies enhance efficiency, drive innovation, and gain a competitive edge. 1 Unlike traditional outsourcing, which is geographically attached, borderless outsourcing hinges on using technology and globalization. .” – Larry Page.

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Guide to Finding the Perfect Partner for First-Time Outsourcers

Premier BPO

In a Deloitte global outsourcing survey, the top three reasons businesses outsource today are cost reduction (84%), standardization of processes (82%), and development of capabilities (70%) 2. Technological tools that include AI-powered analytics, cognitive technology, automation, and process excellence. References 1.

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Philippines Remains a Global Outsourcing Leader

SourceFit

The Philippines remains a global outsourcing leader despite a global slowdown, with the industry projected to grow by 7 percent in 2019, according to Contact Center Association of the Philippines (CCAP) chairman Benedict Hernandez. Meanwhile, the Philippine BPO sector continued to grow faster than the global market at 5.1

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IAOP® Recognizes RAYA CX a Leader in the 2025 Global 100 Outsourcing List

Raya Contact Center

Raya CX Recognized as a Leader in IAOPs Global Outsourcing 100 for the 5th Consecutive Year Raya Customer Experience (Raya CX) is proud to be recognized as a Leader in the International Association of Outsourcing Professionals ( IAOP ) Global Outsourcing 100 list for the fifth consecutive year.

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IAOP® Names RAYA CX a Leader in the 2023 Global 100 Outsourcing List

Raya Contact Center

For the third consecutive year, RAYA CX is listed in the IAOP Global Outsourcing 100® companies list. The recognition is given by the International Association of Outsourcing Professionals® (IAOP), which is a global, standard-setting organization and advocates for the outsourcing profession based in the US.

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IAOP® Names RAYA CX a Leader in the 2023 Global 100 Outsourcing List

Raya Contact Center

For the third consecutive year, RAYA CX is listed in the IAOP Global Outsourcing 100® companies list. The recognition is given by the International Association of Outsourcing Professionals® (IAOP), which is a global, standard-setting organization and advocates for the outsourcing profession based in the US.