Outsourcing has become very popular in the IT world because of its benefits, such as cost-effectiveness and flexibility. It has removed the challenges and delays traditionally associated with in-house development. Software development is commonly outsourced to vendors or separate contractors, as it speeds up development, provides access to specialists with the expertise you may not have on your in-house team, and is usually quite cheap. Outsourcing software services are on the rise. According to a study by Computer Economics, large organizations have increased the percentage of their IT budgets spent on outsourcing from 6.3% to 8.7% this year. Medium-sized companies too increased their budgets from 4.7% to 6.5%. The use of software development outsourcing helps companies decrease costs and get their product to market faster, so it's no wonder companies large and small are taking advantage of this trend. Market Analysis and Insights: Global Software Outsourcing Market The global Software Outsourcing market size is projected to reach US$ XX million by 2027, from US$ XX million in 2020, at a CAGR of XX% during 2021-2027. With industry-standard accuracy in analysis and high data integrity, the report makes a brilliant attempt to unveil key opportunities available in the global Software Outsourcing market to help players in achieving a strong market position. Buyers of the report can access verified and reliable market forecasts, including those for the overall size of the global Software Outsourcing market in terms of revenue. On the whole, the report proves to be an effective tool that players can use to gain a competitive edge over their competitors and ensure lasting success in the global Software Outsourcing market. All of the findings, data, and information provided in the report are validated and revalidated with the help of trustworthy sources. The analysts who have authored the report took a unique and industry-best research and analysis approach for an in-depth study of the global Software Outsourcing market. Global Software Outsourcing Scope and Market Size Software Outsourcing market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Software Outsourcing market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by Type and by Application in terms of revenue and forecast for the period 2016-2027. Segment by Type Infrastructure Outsourcing Application Outsourcing Segment by Application Government Enterprise Other By Region North America U.S. Canada Europe Germany France U.K. Italy Russia Nordic Rest of Europe Asia-Pacific China Japan South Korea Southeast Asia India Australia Rest of Asia Latin America Mexico Brazil Rest of Latin America Middle East & Africa Turkey Saudi Arabia UAE Rest of MEA By Company Accenture HCL Technologies HPE IBM TCS Oracle Cognizant Infosys CapGemini NTT Data Sodexo ACS ISS Bleum Neusoft Inspur ValueCoders Kanda
1 Report Overview 1.1 Study Scope 1.2 Market Analysis by Type 1.2.1 Global Software Outsourcing Market Size Growth Rate by Type: 2016 VS 2021 VS 2027 1.2.2 Infrastructure Outsourcing 1.2.3 Application Outsourcing 1.3 Market by Application 1.3.1 Global Software Outsourcing Market Share by Application: 2016 VS 2021 VS 2027 1.3.2 Government
