What are the Benefits of Nearshore Outsourcing?

November 16th, 2022 / By: / Published in: Blog

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As the global demand for software engineers rises, so does the use of outsourcing by organizations. In 2020, the global outsourcing market was already measured in the billions, $318.5 billion to be exact. This market is projected to grow by more than $106 billion by 2026. This illustrates the high demand for talented software engineers across the globe. Looking at these figures, the unprecedented demand for qualified software engineers (and the trouble organizations are having finding them) makes more sense. Hiring an in-house team may not be feasible due to cost or simple availability, leaving organizations to consider which outsourcing model (onshore, nearshore, or offshore) works best to meet their specific needs. In this article, we will specifically be discussing the benefits of nearshore outsourcing.

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