Hiring Software Developers: FAQs
Common questions on the global software developer hiring market and offshore cost economics.
Is there really a global shortage of software developers in 2026?
Yes. 72% of global employers report they cannot find the skilled workers they need, and the U.S. Bureau of Labor Statistics projects 1.5 million unfilled software engineering positions through 2028 (BEON.tech, citing BLS). The shortage is most pronounced in AI/ML engineering, cloud infrastructure, and cybersecurity specializations, where demand outpaces supply most severely.
How big is the offshore software development market in 2026?
The offshore software development market is estimated at $198.3 billion in 2026, growing on the back of talent shortages as much as cost pressure (DECODE, 2026). North America accounts for roughly 38.5% of global offshore development demand, making it the largest single source market.
How much do companies typically save by hiring developers offshore?
Businesses report saving 40-70% on development costs through offshore engagements versus local hiring, when the engagement is structured correctly (DECODE, 2026). India specifically produces over 1.5 million engineering graduates annually and hosts roughly 1,700-1,950 Global Capability Centers, giving it a continual, large-scale talent pipeline that underpins those cost advantages at real scale rather than as a one-off arbitrage.
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