The global outsourcing market has declined lately, after peaking during the Great Recession. It had a total value of $88.9 billion in 2015, which was hardly any higher than the $87.5 billion recorded in 2008. Despite this, there are some markets where outsourcing continues to thrive, such as software development. If you look at nations such as India, China, Argentina, Romania, Ukraine, Bangladesh, there is a wealth of skilled and knowledgeable developers, who can offer cost-effective services without forcing you to compromise on the standard of work.