Business Express is an online portal that covers the latest developments in the world of business and finance. From startups and entrepreneurship to mergers and acquisitions, Business Express provides reporting on the stories that matter most to business leaders and decision-makers.The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.
iStock 1289348332
iStock 1289348332

Nearshore developer costs rocketed by almost one-third in 2021

Deazy analysis of development market trends highlights the growing demand for high quality developers

  • The hourly rate for nearshore development has increased by 31% in 2021
  • React Native is now the most widely used platform for mobile development projects
  • JavaScript remains Europe’s most common language for web dev projects

The cost of development services in Europe rocketed in 2021, increasing by almost one-third across the year. Analysis by developer marketplace platform Deazy revealed an increase of 31% on the average hourly rate.

Deazy is a curated marketplace of development talent, a platform that connects enterprises and agencies with the right dev talent. It works with 50 handpicked development teams across Europe, and the analysis is based on 284 projects across 2021.

“Demand for developers has been increasing steadily for years, but since the pandemic there has been a rapid acceleration in the shift towards digitalisation,” said Andy Peddar, CEO, Deazy. “It’s hard for enterprises to train their own people fast enough, so they are outsourcing more and more of their development requirements. But the market hasn’t responded fast enough, and demand is outstripping supply, which is why we are seeing such dramatic increases in costs.”

Don't miss out on any breaking news or insightful opinions!
Subscribe to our free newsletter and stay updated on the go!

By submitting this form, you are consenting to receive marketing emails from: Global Banking & Finance Review. You can revoke your consent to receive emails at any time by using the SafeUnsubscribe® link, found at the bottom of every email.

Deazy’s analysis also looked at the most used platforms for web development across Europe. It revealed increased usage of the cross-platform mobile technology React Native, which in 2021 accounted for 40% of mobile projects for Deazy’s development teams. Other prominent mobile platforms were Kotlin (Android), which dropped from 37% in 2020 to 20% in 2021, and Swift (iOS), which fell from 42% in 2020 to 33% in 2021.

“React Native is fast becoming the de-facto platform for mobile development projects,” continued Andy Peddar, Deazy. “It has matured rapidly over the past 18 months, adding a wide range of features and becoming far more stable. The feedback from our development teams is that it’s increasingly suited to large-scale enterprise mobile dev projects, a trend that’s likely to continue in 2022.”

The analysis also revealed an increased usage of JavaScript amongst Deazy’s development teams, rising from 31% of projects in 2020 to 40% in 2021. JavaScript’s increase was due in part to a reduction in usage of Python (17% in 2020 to 9% in 2021) and PHP (24% in 2020 to 18% in 2021).

“There are two principal challenges facing enterprises around development – capacity and capability,” concluded Andy Peddar, Deazy. “There’s a major shortage of developers, and it’s also hard for enterprises to be able to support a wide range of technologies and frameworks, which is why so many of them are outsourcing their development projects. But our analysis shows that demand is growing even for outsourced developers – something any enterprise should keep front of mind when planning development projects in 2022.”

Recent Post: