Offshore software development services offer cost savings due to lower labor costs in other countries, access to a global talent pool, and scalability. Companies can quickly augment their teams with skilled developers without the need to hire locally. Offshore development also provides round-the-clock productivity, leveraging time zone differences to accelerate project timelines. Additionally, it allows businesses to focus on core activities while delegating software development tasks to specialized teams, thereby improving overall efficiency and competitiveness in the market.