In today’s fast-paced tech era, software development remains at the forefront. And as we step into 2024, exciting changes are on the horizon.
According to Statista, global spending on software development projects has surpassed $500 billion, reflecting the industry’s robust growth. This highlights the escalating demand for IT solutions across various industries.
It is more important than ever for companies to keep up with the latest trends. From the exciting rise of AI, to the rapid growth of DevSecOps, big changes are coming. If you’re feeling a bit unsure about where your company fits in or just want to know what’s coming in 2024, don’t worry! We’ve put together a list of the most intriguing software development trends in 2024 to help you stay in the loop.
Key software development trends for 2024
AI’s unstoppable momentum in 2024
The global AI market size was valued at USD 454.12 billion in 2022 and is expected to reach around USD 2,575.16 billion by 2032, according to Precedence Research. Almost every industry (as well as our homes) uses AI and machine learning in some ways, even if we’re not fully aware of it. The COVID-19 pandemic significantly sped up the adoption of AI, and this momentum is expected to continue in the years ahead, as we can see. In the banking sector alone, experts foresee AI contributing $1 trillion in additional value annually.
For instance, generative AI was a big deal in 2023. It lets AI create things like texts, images, and code. Tools like OpenAI’s ChatGPT got a lot of attention because they showed how creative AI can be and sparked discussions about what this technology can and can’t do.
Looking ahead to 2024, we predict a more thorough integration of AI into software solutions, allowing applications to learn, adapt, and offer users increasingly tailored experiences.
Quantum computing integration – transforming the tech landscape
Quantum computing, once just in sci-fi movies, is getting closer to reality. In 2024, we think there will be more progress in this field, and it could really change how we create software.
We might see better quantum processors that can handle information more effectively, making quantum computers more reliable. Quantum computers possess the capability to solve really hard problems at speeds previously unimaginable. This breakthrough could revolutionize industries such as medicine, logistics, and many more, giving rise to innovative software applications. Plus, it lets people focus on the important stuff while allowing quantum computers handle the difficult and repetitive tasks. So, in 2024, we can expect quantum computing will play an increasingly pivotal role in shaping the landscape of software development trends.
Outsourcing software development – a business imperative in 2024
In 2024, many businesses are finding success by outsourcing their software development. It’s a smart move because it gives them access to talented people worldwide with different skills, and it’s usually more affordable. This trend is not just about saving money, it’s a top strategy for businesses in 2024. Outsourcing lets companies work with tech experts from around the world who have the best knowledge.
Outsourcing makes it easier to adjust the size of their development teams based on what each project needs. Plus, teaming up with experienced outsourcing firms means they get access to special skills, the latest technologies, and smoother ways of creating software. So, in 2024, outsourcing isn’t just a way to spend less. Instead, it’s a smart way for businesses to focus on what they do best, speed up how quickly they create things, and handle the challenges of the digital world more flexibly.
The rise of Low-Code and No-Code platforms
Low-code and no-code development platforms are making a splash in 2024. Even though these are relatively new trends in software development, they’re changing the game by allowing people from different parts of a business to actively join in app creation without needing advanced coding skills.
Businesses should jump on the low-code and no-code development train to speed up how fast they can create apps. Not only this encourages collaboration between IT and non-technical teams, but also closes the gap between what a business needs and the software solutions it can quickly bring to life.
Should I worry about this?
Actually, besides the fact that these platforms promote collaboration between IT and non-technical teams, low-code and no-code platforms also streamline the development process, enabling developers to create applications more efficiently. It can be especially advantageous for projects with tight deadlines. More, developers can leverage low-code and no-code platforms for routine and specific tasks, freeing up time and resources to focus on more complex aspects of app development. However, it’s important to keep in mind that the practicality of low-code and no-code platforms depends on the specific project requirements and the complexity of the application. While these platforms can enhance efficiency, developers may still prefer traditional coding for certain projects that demand a high degree of customization or diverse functionalities.
The new face of blockchain
While blockchain technology made its mark in the financial sector through cryptocurrencies like Bitcoin, its potential applications have expanded beyond those origins. Initially recognized for its decentralized and transparent nature, Blockchain has already brought substantial value to diverse industries such as healthcare, supply chain management, and intellectual property protection.
Looking into 2024, we can expect the widespread adoption of blockchain in sectors such as logistics, digital identity management, and more. Moreover, businesses can use Blockchain to make things more secure, simplify how they work, and build trust with everyone involved. This change is going to make a big difference in how we store and share data, going way beyond its initial financial roots.
Blockchain’s standout feature is its decentralized and secure nature, making it a valuable tool for many businesses aiming to transform their processes with added trust and transparency.
The emergence of IoT applications
Over the past few years, the Internet of Things (IoT) has played a crucial role in many industries by connecting different devices and making communication smoother. The constantly expanding group of these devices won’t just include computers or smartphones. Rather, items ranging from toothbrushes to large industrial machines will be connected to the internet. Many of them will be smart devices with added artificial intelligence, allowing them to make decisions independently.
Businesses worldwide have found benefits in using the Internet of Things (IoT), and in our daily lives, we’re getting used to having more wearables and connected devices, shaping current software development trends. This trend will keep going strong in 2024 because the line between the physical world and the digital world is getting less clear.
According to Forbes, by 2024’s end, projections indicate that the Internet of Things (IoT) will have surpassed 207 billion interconnected devices, encompassing a global network of tools, toys, and appliances.
Through IoT technology, businesses can make their operations more efficient, use resources better, and give users a better overall experience. But to make the most of IoT’s power, companies need to hire skilled software developers. These experts will create robust, secure, and scalable applications that allow for collecting data, analyzing it, and automating processes.
The exponential rise of DevSecOps
Security in software development is crucial in the age of continuous integration and deployment. This is where DevSecOps enters the picture, bringing together security, operations, and development methodologies into one cohesive strategy.
Rather than approaching security as an afterthought, the main objective of the DevSecOps methodology is to integrate security concepts throughout the software development lifecycle. The good news is that as companies prioritize security and compliance, DevSecOps usage is predicted to expand rapidly in 2024. Businesses can identify and solve errors in security early on, accelerate security testing procedures, and guarantee the delivery of reliable and secure apps by implementing DevSecOps methods.
The development of Progressive Web Apps (PWAs)
In the world of web development, progressive web applications, or PWAs, have gained popularity. A PWA is, to put it simply, a webpage that has all the benefits of a native mobile application. You receive a better version of your page when you use a progressive web application. Your page has all the functionalities of native apps, including offline operations and (if allowed) location, microphone, and camera access. It also functions quickly and consistently.
You no longer have to invest money in developing apps for every operating system because of PWA. PWAs give users a native-like experience on any device by functioning flawlessly as both a website and a mobile app. This results in decreased data usage, automatic upgrades, and faster development.
Google has been a strong advocate for PWA creation, referring to it as the “future of software”.
PWAs improve the user experience of web apps, making sure that users have a smooth and pleasant journey. This method not only maintains optimization and user engagement, but also drastically reduces development time.
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