The digitalization boom has sparked a surging demand for developing and enhancing various software applications. These encompass mobile apps, web applications, cloud-based software, and AI-integrated systems. However, the process of software development requires substantial investments in terms of effort, time, financial resources, and expertise. This poses a significant hurdle for numerous businesses.
However, considering the benefits of outsourcing software development to an offshore company in a country with lower cost options, such as Asia, can be an advantageous solution for businesses. This allows enterprises to avail similar services compared to European software companies but at a more affordable price.
In this article, we’ll look at the elements that influence offshore software development rates by country, as well as the average cost of offshore software development.