According to Plunkett Research, the Custom Software Development industry is estimated to be valued at around $155 billion. Businesses of all sizes have understood the advantage of customized software solutions that tailor to their specific needs. As a result, the industry is dealing with an ever-increasing demand. The deployment of low- and no-code development platforms is a cost and time effective solution to meeting said demand, as these platforms allow for faster development times and the inclusion of end users in the development process. Outsourcing to nearshore and offshore providers is another major trend in the industry.