In this piece, we talk about what offshore software development rates depend on and the price of hiring developers in different countries.
Let’s be honest: hiring an onshore or local software development team is pricey and time-consuming.
According to 2023 Accelerance’s Global Software Outsourcing Report, software development companies in the US charge up to €200 per hour for their services.
As a tech leader, you’re likely looking for a more cost-effective and flexible solution for your business. That’s where offshoring comes in.
In this guide, we’ll analyse and compare offshore software development rates worldwide and what are the factors affecting these prices. By the end of the article, you’ll know the best offshore software development country so you can start offshoring today. Let’s dive in!