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Worldwide Talent Shortage: 83% of Businesses Already Face it

09-23-2019 05:05 PM CET | IT, New Media & Software

Press release from: Daxx

Worldwide tech talent shortage

Worldwide tech talent shortage

The US software job market faces a 472K tech talent shortage. Moreover, due to this shortage, the USA can potentially lose approximately $162.25 billion by 2030. 9 in 10 business owners are struggling to find and hire IT staff — 83% admitted that talent shortage affected their businesses. (

In Germany, there is a great shortage of IT professionals in almost all regions of the country. The Cologne Institute for Economic Research in Germany reported – among 96 job types that have a labor shortage, the tech sector suffers the most. According to the latest stats, Germany lacks nearly 340,000 specialists in engineering and tech jobs.

The situation in the Netherlands isn’t better either –4 out of 10 business entrepreneurs in the country consider talent shortage as the main barrier that prevents the expansion of the software development sector.

28 EU countries are likely to suffer a shortage of 500,000 software engineers by 2020, according to

The tech talent shortage affects thousands of businesses all over the world. What can it lead to? Share your thoughts.

Company: Daxx
Julia Mankovskaya, Digital Marketing Specialist at Daxx.
Adress: Zaandijkerweg 8, 1521 AX Wormerveer Amsterdam, Netherlands

Daxx is a Dutch-based software development company operating in Ukraine. It helps businesses solve the developer shortage problem by recruiting full-time software developers. The company has already helped 300+ clients worldwide extend their in-house teams with software developers in Ukraine.
Read more about Daxx:

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