In this competitive market, startup founders and mid-sized business owners constantly desire a strong and flawless team to achieve potential milestones and establish a strong market position in a short period of time.

Startups and enterprises often find it difficult to hire in-house development teams as associated costs, like office rent, payroll, insurance benefits, and recruitment fees, add to the total cost. 

Startups can save this cost by hiring an offshore development team and instead investing in building a scalable MVP product.

Hiring an offshore development team saves costs and time and gives access to a wide pool of talent at the same time. You can also comprehend through the report that shows the global IT services outsourcing market size was estimated at $530.15 billion in 2021, and it is expected to hit around $1065.10 billion by 2030.

Continue Reading: Hiring Offshore Development Team in 2023