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New Software Development Technologies in 2024

Software Development

These days, technology develops at a fast pace while allowing rapid change and progress, causing a spurting at the rate of change. However, it is not mere technology trends and increasing technologies that are progressing; a lot more has transformed, making IT professionals comprehend that their role will not remain the same in tomorrow’s contactless realm. And an IT professional in 2024 will continuously be learning, unlearning, and relearning (out of a need if not desire).

When we look in-depth into the term software development, we get to know that it is a dynamic field that is always adapting to novel technologies and emerging trends based on user demands and requirements. As we have entered the year 2024, considering the nature of the developing industry nature, it’s necessary to be attentive to the significant and valuable software industry trends that are composed to reform the software landscape.

According to Statista, Enterprise Software development governs the market with an anticipated market volume of US$292.00bn in 2024 with an anticipated revenue of US$698.80bn and is projected to display a CAGR of 5.27%, causing a market volume of US$858.10bn by 2028.

Software development market volume

Source: statista

Here are some of the top evolving technology trends you must watch for. Make an effort to watch in 2024 and possibly protect one of the jobs that will be created by these novel technology trends.

Computing Power

According to data science specialists’ projections, the computing organization we are constructing right now will only progress for the better in the coming years. At the same time, we have 5G already; get ready for an era of 6G with more potential in our hands and devices adjoining us.

From data science to robotics and IT management, this field will authorize the highest percentage of employment in every country. The more computing our devices will require, the more technicians, relationship managers, IT teams, and the customer care budget will advance.

Smart(er) Devices

Artificial intelligence is not just feigning human lives but going the extra mile to make human lives easier and simpler. These artificial intelligence-laced devices are here to stay in 2024 and even further, as data scientists are operating on AI home robots, work devices, appliances, wearables, and so much more! Almost every job requires smart software applications to make our work life more feasible. Smarter devices are another addition to the IT industry that is of high obligation and demand as more companies transmute into digital spaces. Almost every higher-level job needs good IT and automation expertise to prosper.

Datafication

Datafication is the alteration of human work and tasks into data-driven technology. From our smartphones, industrial machines, and office applications to AI-powered utilizations and everything else, data is here to stop for longer than we can ever recall! So, to keep our data deposited properly, steadily and securely, it has become an in-demand specialization in our budget. Datafication leads to an extended requirement for IT professionals, data scientists, managers, engineers, technicians, and so much more.

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Technology Industry Investing Heavily in Progressive Web Apps

It has been an extended journey for Progressive Web Apps since its institution in 2015. This technology is lastly undergoing the sort of receiving and implementation it deserves.

As mobile usability is also rising steeply, PWAs provide an outstanding opportunity for website owners to make the user experience even more attractive with app-like experiences in accumulation to lessen development costs.

If you’re looking for ways to enhance the mobile experience and cost-efficiency, financing in PWA could be just what your business requires!

Blockchain Applicability Extends Past the Financial Sector.

Blockchain technology will not interrupt the status quo in 2024, with businesses from numerous industries experiencing its value and choosing to implement it.

This innovative technology offers incomparable security for activities such as trades by organizing data into dispersed and distributed systems that are nearly impossible to hack or modify.

2024 – The Year of 5G technology

5G is light-years forward of its forerunner technology, 4G. It’s not just an upgrade but a whole new network planning with the potential to reconsider how we converse and cooperate in the digital realm.

This progression will not only lead to improved user experiences but also hasten the growth of advanced software development technologies such as the Augmented Reality Internet of Things and Artificial Intelligence (AI). This makes it easy to prove that the future of 5G is optimistic, and now’s the time to get onward in the race.

The Popularity of IoT is on the Rise

We are set for a thrilling future powered by the extensive approval and development of smart devices and IoT solutions. From associated homes to industrial monitoring systems, IoT devices allow us to link the fissure between physical and digital realms, offering remarkable transparency in our daily activities.

From predictive capabilities allowed by machine learning algorithms to automation through edge computing, advanced developments in AI, ML, and other technologies have made IoT solutions progressively relevant.

The Trend of Low Code Development Will Continue

Low code software development is a software engineering method that allows developers to rapidly turn an idea into an actuality within a restricted budget. Low code platforms function like purpose-built Integrated Development Environments (IDEs). Now, you might wonder what is “purpose-built.” It simply means that the platforms are precisely designed with diverse tools to address different requirements and encounters.

Python Set to Rule Tech Industry

As machine learning and data science continue to grow in regard across industries, the call for practiced Python app developers is also set to intensify considerably over time.

Python can technically be reflected as the conclusive toolbox of programming languages. It stands out as a go-ahead language with the capability to perform numerous tasks while tackling complex jobs as an optimal choice.

From website design to mobile app development and even machine learning models, its implausible adaptability allows developers and businesses to tackle any task with remarkable efficiency.

Artificial Intelligence Becoming an Everyday Assistant

Nowadays, I am broadly used by software companies across the globe to form predictive analytics and involve data-driven decision-making in their businesses. From tech giants to small digital marketplaces, companies of all sizes can benefit from AI integration into their applications.

According to IDC forecasting, it is predicted that AI will develop exponentially in the coming years, exceeding half a trillion dollars by 2024.

As per an Internet Resources report, Artificial Intelligence (AI) augmentation will create an imposing $2.9 trillion.

Here are some AI development trends that contribute to a range of innovative ways to rule out your software products.

AI software development trends involve:

1. Automated Machine Learning – From healthcare and finance to retail – AutoML assists by streamlining complex data sets while also considerably decreasing training time for models.

2. Generative AI – Data from all sources, counting images, videos, and sounds, will soon be utilized to produce completely innovative content while allowing businesses to produce new data for any purpose.

3. Natural Language Processing (NLP) – NLP technologies will modernize human-computer collaboration by connecting the gap between man and machine via natural language comprehension capabilities.

4. Ethical AI – Ethical AI assists in associating the trust gap between users and technology by strengthening cyber security measures to let confidence in automation persist in the future.

5. AI-as-a-Service (AIaaS) – With assistance from Google’s TensorFlow and Amazon SageMaker to Microsoft AzureML, companies will be exploiting cloud-based platforms to capitalize on a variety of AI services.

With modern artificial intelligence (AI) solutions more available than ever, now is the perfect opportunity to gain an inexpensive edge. If you have an unresolved need in your business operations or product submissions, get on board with these AI trends and create somewhat exceptionally yours.

React Native Continues to Thrive

React Native and React JS has evolved as the robust and leading tool in the hybrid development market. Its ability to produce high-quality, cross-platform applications using a single codebase has changed the sector and sustained the app development process for businesses and developers.
As a reliable choice for hybrid development, React Native has become a significant component for businesses looking to maximize their reach in the ever-growing global market, with an impact representing no warning symbol.

Virtual Reality and Augmented Reality Era

The integration of AR/VR technology brings the virtual shopping experience to a whole different level while allowing customers to envision products in their environment, resulting in increased engagement and confidence and driving sales.
As the era of digital transformation endures, businesses are capitalizing on AR’s appealing features, such as:

  • Digital showrooms
  • Try-on tools
  • 3D modeling

The Rise of FinOps and GreenOps

The rapidly evolving cloud computing realm has lately observed the emergence of the FinOps and GreenOps movements, gradually coagulating their status among the latest software development trends.

FinOps, through several financial processes, highlights driving efficiency, while GreenOps emphasizes the execution of eco-friendly practices for enduring value formation.

With the integration of FinOps and GeenOps, organizations can improve their bottom line and enhance their brand status and regulatory compliance, along with getting help in maintaining the future.

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Enterprise Developers will Rely More on Dispersed Computing.

Distributed computing is another contemporary software development trend that will become more popular in 2024. Distributed computing is a procedure in which diverse computer servers are linked as a group. This makes data sharing the most accessible and accomplishes power processing.

Business scaling can be streamlined through distributed computing, and it also allows you to streamline operations and eventually multiply your bottom line. As per the report by Gartner, most cloud service providers will provide distributed cloud computing by 2024.

Web 3.0 is Consistently Improving

Just like previous Web versions, Web 1.0 and Web 2.0, today’s trending technologies in software development will determine the evolution into Web 3.0. It fundamentally consists of three basic IT architecture levels, which are as follows:

Interaction: The content, hardware, and software we connect with.
Computation: The logic to allow this interaction.
Information: The data and structure are obligatory for the detailed, efficient, and protected achievement of computing functions.

NFT Tokens-A New Phenomenon in the Cryptocurrency World

NFTs, or Non-Fungible Tokens, are the existing cryptocurrency phenomenon that will go conventional and advance in importance in 2024. Well, NFTs are digital content elements that are associated with blockchain and cryptocurrencies like Ethereum or Bitcoin.

NFTs are not really considered as a software development trend, but they are one of the evolving digital trends in the recent era. In fact, several users compare NFTs to digital art that they own and consequently sell for a greater price, signifying that it could be a new revenue source for small businesses.

Cloud-Native Technologies Continue to Evolve

Cloud-native technologies and architecture let you design, build and operate workloads that are cloud-developed and capitalize on the cloud computing model’s full advantage. Cloud-native technologies implementation permits you to develop and implement scalable applications in contemporary and dynamic work environments like private, public, and hybrid clouds. This methodology includes microservices, undisputable infrastructure, containers, service interlaces, and declarative APIs.

IoB (Internet of Behavior) – A Formidable Force

Personalization is considered an effective strategy when it comes to any business success. So, the more effective your service will be, the more users will adjust to their approach.

IoB brings several important data, such as user behaviors, interests, and preferences, from BI (Business Intelligence), Big Data, and CDPs. Wearable devices, individual internet activity, and household electrical devices add to this data, illuminating valuable information on user’s behavior and interests.

Consistent Growth and Adoption of Microservice Architecture

Microservices or Microservice Architecture is a diverse approach to software development that emphasizes creating single-function modules with well-defined operations and interfaces.

In a nutshell, Microservice architecture is small, slackly attached, and autonomous. It allows a small development team to inscribe and maintain service quite rapidly. It allows developers to update and manage the existing service without upgrading and reorganizing the entire application.

Adoption of Infrastructure as Code (IaC)

Infrastructure as Code or IaC is one type of process that lets you manage and deliver computer data centers with the assistance of machine-readable definition files. However, it doesn’t use corporal hardware or collaborating configuration tools.

In short, IaC lets you manage and automate your IT infrastructure with the help of various configuration files, besides providing you with dedicated developers to manage, analyze, and provision resources automatically.

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Major Cybersecurity with DevSecOps

Development + Security + Operations = DevSecOps

DevSecOps is an automation, platform design, and principles approach that assimilates security as communal accountability across the IT lifecycle. It is about built-in security rather than safety that acts as a boundary around data and apps. Early exposure to possible security risks is possible using DevSecOps. Once the security risk is hinged, it repairs the susceptibilities at an early stage.

Kubernetes Has a Bright Future Ahead

Kubernetes, also referred to as K8 or Kube, is an open-source container instrumentation platform that automates several processes, such as scaling, arranging, and managing containerized applications.

Outsourcing Demand Will Reach the Tipping Point

Software development outsourcing has become a thrilling and communal methodology that every organization has chosen over an in-house team. According to Deloitte’s report, 70% of defendants stated cost reduction as a leading concern for outsourcing.

Outsourcing development companies can offer numerous services, including development, MVP development, deployment, testing, maintenance and support. Besides, they also provide a huge pool of technocrats who specialize in numerous technologies and skills.

New Programming languages

Over the last few years, major tech companies like Google, Apple, and Microsoft have heavily participated in developing fast-performing programming languages that not only offer high experiences but also are effortlessly implemented across all devices.

These include Go by Google, Rust by Microsoft, Swift by Apple, and TypeScript – all providing an energizing substitute to definitive, all-purpose languages like C or Python.

Predictive Analytics Will Become More Pervasive

As technology develops further and business leaders identify the remarkable value that predictive analytics can lead to, it is anticipated to become progressively critical for organizations universally.

Leveraging vast amounts of data and relating advanced algorithms allows businesses to forestall future configurations, consumer behaviors, and market trends more efficiently, driving informed decision-making and greater profits.

The Digital Immune System Gaining Momentum across the Globe

These days, where security dangers and cyberattacks are becoming gradually common, the acceptance of the concept of a digital immune system proposes a progressive approach to opposing these challenges.

As businesses become more reliant on digital infrastructure, cyber threats and susceptibilities pose substantial challenges to the steadiness, integrity, and safekeeping of vital information assets.

Quantum Computing Integration

While quantum computing is still in its early stages, it’s developing at an excellent rate. In 2024, you might witness the interference of quantum computing integration into effective software development.

Quantum computing as a software development trend can address any challenging apprehensions that are difficult for computers. Hence, this trend can transform multiple industries, integrating reproduction, optimization, and cryptography.

Looking for a software development implementation in 2024? Then consider Progatix, where software development services provide vital support and access to innovative services and technologies to keep you at the vanguard of software engineering’s latest trends and help in implementing best practices during the custom software development process.

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Author
Amna Shahid, a technical content writer, is an expert in simplifying intricate notions and composing captivating narratives to participate and convey technical information efficiently. With a devotion to brilliance in this dynamic technical writing field, Amna is open to collaborating and new possibilities in this succeeding tech realm.
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Progatix, a well-known software development company, has been delivering innovative digital consultancy services & custom software solutions encouraging business growth since 2003. Our remarkable solutions involve strategic digital consultancy, legacy system migration, DevOps, and stellar testing services.

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