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In recent years, the IT outsourcing market has grown rapidly; in fact, it’s expected to reach $133.3 billion in 2025. This is happening because more and more companies are choosing to outsource development when they need to build a new software solution. 

Today, remote work is more popular than ever. The IT industry, which has always been a pioneer in building distributed teams and establishing remote work, is now probably the largest industry making full use of outsourcing.

Today’s cutting-edge technologies are helping to revolutionize business processes, save resources, and in general build more efficient operations across a broad variety of industries. Healthcare in particular has benefited from its successful adoption of Virtual Reality technologies.

According to GlobeNewswire, the wealthech, aka wealth management, technology market, will hit the $137.44 M mark by 2028, which shows how much these financial solutions are transforming the investment and asset management industry. In this article, we’ll give you the wealthtech market overview, as well as describe current and future trends.

Because of the increasing number of mobile users, many companies choose to create mobile applications, which usually require significant time and money to develop. This can be challenging if a company needs to offer an efficient, high-speed solution, as well as keep costs under control. To deal with that problem, a progressive web application, or PWA, is gaining popularity.