Pakistan

Franco Dal Molin

17.06.2022

Pakistan is steadily gaining traction as a pragmatic nearshore software development hub, with a consistent 20-30% annual revenue growth in its IT industry over the past decade. With IT resources offering approximately 70% cost savings compared to Europe or North America, the country has seen a notable 137% growth in IT exports in the last five years. With a population exceeding 220 million and a youthful workforce familiar with Western practices, Pakistan presents a stable and cost-effective IT outsourcing and investment option. Global enterprises like Bentley, IBM, Mentor Graphics, S&P Global, Symantec, Teradata, and VMware have recognized this, contributing to Pakistan's growing stature in the global IT arena.