Nowadays, businesses don’t think that software development outsourcing is just a trend. They consider it as a certified cost-optimization strategy that also offers a huge talent pool. And a skilled team of offshore developers can be the best choice to set up a new project and a ready-to-go product. There are various offshore software development companies around the world that offer time-saving, adaptability, and availability of excellent development services.
With the latest tools, managing offshore software development becomes easier for both the hiring company and the offshore Software development team. Besides, it offers cost optimization which is the best advantage of this concept. Still, one question that arises in the mind of hiring organizations is which country to choose for hiring an outsourcing company from. So, here we will go through a list of countries that offer the best offshore software development services and we will also have a look at the average hourly rate that these countries charge for their services.
What is Offshore Software Development?
Offshore software development means outsourcing in the world of software engineering. Offshore is a type of software development and it means that you hire experts from a software development company in a different location than your business. The hired firm can be from a different continent thus you will have to face the time zone difference and maybe the language barrier. But, fortunately, nowadays, that is not the case and this is because of the superior quality tools that the remote development team uses. These tools can be video conferencing software or collaborating tools.
Best Offshore Software Development Locations in the World
Some of the most popular locations that offer the top offshore software development team in the world are –
Asia is known as the land of business. Organizations from all over the world prefer Asia to hire top-class offshore software development companies. There are more than 7 million software developers in Asia and the average rate of these offshore software developers is between $20 and $40 per hour. Here are the popular Asian countries for software development outsourcing:
- Sri Lanka
Amongst all these countries, India is one of the most preferred commercial destinations for offshore software outsourcing. And this is mainly because of its advantageous government policies, skilled software developers, advanced infrastructure, and budget-friendly offshore development rates.
2. Latin America
The top offshore development nations of Latin America are outsourcing for tech companies in North America. Organizations around the globe outsource software development from here because of the economical software developer rates in Latin America, time zone difference, and excellent English language proficiency. The top software outsourcing destinations in Latin America are Chile, Colombia, Costa Rica, Peru, and Panama. Besides these places, the best offshore development nations are Brazil and Argentina.
3. Eastern Europe
Besides, the software development rates of Eastern European experts are between $25 and $40 per hour. Though these software development services prices are more than Asian nations, it is still cheaper than Western Europe and North America.
After Microsoft spent around $100 million on the experts of this continent, every African offshore software development company has begun to increase its rates rapidly. The top IT hubs in Africa are Morocco, Kenya, South Africa, Nigeria, and Egypt. The average software development rates are between $20 and $45 per hour.
Mainly South Africa manages the IT business of the continent. And recognizing the opportunities this place has to offer, companies from all over the world hire software engineers from here.
Top Offshore Software Development Rates by Country
Top offshore software development countries with their development costs are –
1. Offshore Software Development in India
IT hubs: Bangalore, Mumbai, Chennai, Kolkata
Tech stack: Java, C++, and Python
India is known as the most affordable offshore development place in the world. And this is why businesses prefer India when it comes to hiring offshore developers at lower software development costs that range from $20 to $40. Besides, as English is widely spoken in this country, it makes India the best destination to outsource software development.
2. Outsourcing Software Development to China
IT hubs: Beijing, Shenzhen, Shanghai
Tech stack: Python, Functional Development, and Algorithm
China is a country that boasts a rich talent pool of skilled offshore developers. The offshore development rates per hour are a bit higher than in other Asian countries. The software development hourly rates in China are between $30 and $50. Besides, there is no language barrier when it comes to hiring experts from this country.
3. Offshore Software Development in The Philippines
IT hubs: Manila
Tech stack: PHP, Ruby on Rails, ASP.NET, and ASP.NET Core
The development centers in this country have a pretty good level of English, an elaborated IT infrastructure, and a strong tech foundation. Besides this, the stable economical situation in the Philippines adds up to its popularity amongst software outsourcing seekers.
4. Outsourcing Software Developer Rates in Argentina
Tech stack: Java, Python, and SQL
IT hubs: Buenos Aires
Argentina, a popular software outsourcing partner providing places in Latin America offers a wide pool of technical-savvy talents. The developers from this place charge rates between $30 to $50 per hour and are experts in providing the best services.
5. Software Development Outsourcing Market in Africa
IT hubs: Western Cape, Durban, Gauteng, Mombasa, Eldoret, Kisumu, and Lagos
Africa is one of the top offshore software development countries in the world to grab the attention of IT service seekers. And having high English proficiency amongst the offshore software developers, businesses don’t hold back in hiring experts from this place.
As seen in this blog, there are many countries in the world to offer outsourced software development. The services and rates might be a bit different for all the places but the most important thing is that you can get the best solution for your business.