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Why there is a shortage of software developers?

What does the shortage of developers look like? Here are the most interesting statistics right now to highlight just how dire the shortage of talent is:

Around 40 million technical jobs go unfulfilled due to a lack of skilled talent. The US Labor Department estimates that the global shortage of software engineers may reach 85.2 million by 2030. By 2026, it’s estimated that there will be 1.2 million engineering job openings. Job openings for software developers, quality assurance analysts, and testers are projected to grow by 22% year over year between 2020 to 2030. Globally, companies risk losing $8.5 trillion in revenue because of the lack of skilled talent.

What aspect of software development is difficult? Why is it difficult? Is there any relevant and credible reference on this topic?

3 points IndoCanada 2 years ago 15 comments

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