For years, US companies have overlooked Latin America as a software development outsourcing market. However, it offers highly skilled software engineers.
"Employment of software developers is projected to grow 22 percent from 2019 to 2029, much faster than the average for all occupations. Software developers will be needed to respond to an increased demand for computer software."
- The US Bureau of Labor Statistics -
And while demand for new software engineers continues to grow, the number of developers entering the market was expected to peak in 2019 and plateau after that. According to Evans Data, the market will continue to grow in Asia and Latin America for the next five years.
With a plateau developer market in the US and a software developer deficit of over 1.4M open positions, your best choice is to outsource that additional help.
Latin America represents roughly 5% of the total software developer population. However, TopCoder ranks between 4 and 5 countries in the region among the top 33 countries globally.
The region is also the second strongest software engineer growth market globally, as reported by the Global Developer Population and Demographic Study 2019 by Evans Data Corp.
At Mahisoft, we hire talent across Latin America, so you don't have to.
Our streamlined hiring process provides you with a fast response to fill your needs, and our thorough candidate assessment enables us to achieve an over 75% candidate acceptance rate.