At its heart, software development is about constant improvement and new features. Both the form and the content are dynamic and ever-changing. People need to stay updated with the latest trends, news, and issues in software development, as it is influenced by various factors such as new technology, global and social needs, among others.
What’s Hot in the World of Software Development?
In 2024, cloud computing, artificial intelligence, and machine learning will be among the most talked-about technologies in the software business. Some of the most recent developments in software development include microservices architecture and development, security, and operations (DevSecOps) approaches.
In general, past shifts in the IT industry have served as a springboard for current trends in software development. As previously indicated, the transition to digital has sparked significant industry-wide change and, as a result, revolutionized software development, deployment, and maintenance.
With the rise of hybrid and remote work, Agile development approaches have also become more popular, which means that development cycles may be shorter. Today’s technological advancements have made cross-departmental cooperation possible, which would have been impossible a decade ago.
As a result, many of these tendencies in software engineering are associated with efforts to improve existing processes, ease the transition to digital, and keep up with the adoption and development of new software technologies.
Let’s examine some popular software development technologies in more detail.
- Greater AI/ML Integration
Machine learning (ML) and artificial intelligence (AI) have recently seen a surge in integration and acceptance across several sectors, placing them at the forefront of software development trends. Software development organizations worldwide are increasingly using these technologies to create predictive analytics algorithms and to empower data-driven decision-making in enterprises.
The use of AI and ML has been on the rise across all types of businesses, from mom-and-pop online stores to multinational conglomerates. It is anticipated that this integration will continue its upward trajectory in the years to come. Particularly for AI, experts predict that spending will go above half a trillion dollars this year. Experts forecast the artificial intelligence market to grow at a CAGR of 38.1% from 2022 to 2030, reaching a $1.87 trillion sector.
Aside from ML, some of the most notable developments in AI development software include:
- Automated Machine Learning: AutoML will simplify complicated industry data sets.
- Generative AI: Using business data, generative AI will produce creative movies, pictures, and sounds.
- Natural Language Processing (NLP): Advanced natural language comprehension will improve algorithm-user communication.
- Ethical AI: Improves consumer trust in technology by strengthening cybersecurity and automated systems.
- AI-as-a-Service (AIaaS): For AI services, companies will use cloud platforms.
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- Non-FinTech Blockchain Applications
Blockchain has been around for a while, but in 2024, it will go beyond banks and upset the software development business, according to IT experts.
Because of the tremendous security that blockchain provides as a result of decentralization, businesses across a variety of sectors are starting to see the technology’s usefulness and value and are beginning to use it.
There will likely be no slowdown in the adoption of decentralized systems in several industries that rely on software, including healthcare, publishing, supply chain monitoring, and media. Because of its decentralized structure, blockchain is incorruptible, transparent, and almost hack-proof.
With developers always inventing new methods to build blockchain-based bespoke software, the blockchain industry is expected to reach $20 billion by 2024, growing at a CAGR of 58.90%.
- Expanded Funding for Progressive Web Apps
Similarly to blockchain technology, progressive web apps (PWAs) have been available since 2015. Nevertheless, it is now seeing robust growth in acceptability and usage, with a predicted market value of $10.44 billion by 2027 and a CAGR of 31.9%.
Given the meteoric rise in mobile usage over the last decade, it appears that the tech sector has also caught up to PWA technology. With progressive web apps (PWAs), website owners may give their sites an app-like feel, which improves the user experience and makes them look better.
Increasing numbers of site owners are making investments in progressive web apps (PWAs) in the development environment. Pinterest’s transition to a PWA garnered significant attention due to its unusual nature at the time. Pinterest rebuilt the website using React and converted it into a progressive web app (PWA) after analyzing the regions that caused poor site performance and retention. As a result, time spent on the platform increased by 40%, and income increased by 44%. This occurred in 2017.
Conclusion
The enormous digital transformation and the fusion of artificial intelligence with innovative technologies to improve our daily lives are driving current trends in software development.
The Internet of Things (IoT), the Internet of Behavior (IoB), Web 3.0, and quantum computing are all ground-breaking innovations that have the potential to accelerate further progress in many areas, including urban planning, healthcare, and the financial sector.
On top of that, long-standing technologies are now gaining momentum and seeing more use. Companies are beginning to recognize the security benefits and increasing number of use cases for technologies like blockchain, NFTs, and PWAs.
Despite these shifts, tried-and-true languages like Python and JavaScript continue to drive software innovation. Serverless computing, edge computing, DevSecOps, FinOps, and GreenOps are some of the more recent approaches that are gaining traction as a result of the changing nature of work and the expectations placed on developers.
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