7 Software Development Trends that Have Dominated the Global IT Market

With the expansion of software across most industries, a massive race between software has come into existence as well. This race has created a boosted demand for quality, quantity, agility, performance, and more that developers need to ensure in their software development processes.

To deliver these demands of the software development industry, there are evolving trends that developers adopt and apply throughout their development strategies. Furthermore, in this blog, you will find a list of some top software development trends that are helping modern software developers build scalable digital products that are also able to deliver the best quality standards.

Let’s have a look!

1. Low-code development tools

Software development is now shifting to the low-code development process instead of the traditional process of writing codes from the ground up. The low-code development process allows developers to build software faster. However, these tools are also focused on non-technical users as non-tech users get the freedom to turn their vision into real software even without having to hire massive teams of developers.

To assist developers with the low-code development process, there are several tools that developers can use to build quality software faster. These top low-code tools include names like-

• Appian
• Salesforce Platform
• UiPath
• Creatio
• Zoho Creator
• Strikingly

2. Blockchain technology

One of the most heard tech trends, blockchain technology is helping developers build some of the safest and fastest software of the era. The technology is super flexible, and scalable, and offers the best quality security standards. Blockchain is also able to restrict user access and keeps a record of every activity done on servers.

The best thing about this platform is that it makes the data immutable and traceable. So, if any mishappenings happen to the stored data, the source of the mishappening can be tracked along with the reason. For developers from various industries including fintech, edtech, healthcare, etc, Blockchain has become the best possible way to offer the safest possible user experience. At the moment, the technology is categorized into three main types- Public blockchain, Permissioned or Private Blockchain, and Federated or Consortium Blockchain.

3. Predictive analytics

With the expanding adoption of technologies like AI and machine learning, predictive analytics is now the most heard term in the software industry. The technology is already used across a plethora of industries including transportation, banking, stocks, education, and more. As you can see in the above image, a report by MarketsandMarkets suggests that by 2026, the global market of Predictive Analytics is expected to cross a collective threshold of $28.1 billion.

Now, top custom software development companies and software developers are interested in this technology as it helps them offer more personalized services to their customers. The technology is capable of observing user behavior and showing them personalized lists of recommendations whether we talk about music recommendations, recommendations of shows to watch, or lessons to practice.

Industries like transportation use predictive analytics to predict future fare prices. The technology analyzes historical data, calendars, lists of holidays, etc, and provides the industry with possible fare prices depending on the day. Predictive analytics is also helping finance companies avoid possible fraud by helping them notice patterns of fraudulent transactions in consideration.

4. Web 3.0

The era of Web 3.0 is already here and experts predict that the technology will dominate global markets. The technology comes with features such as decentralization, data independence, openness, and more. Web 3.0 is expected to be open-source and will trigger an expanded culture of open-source software.

But for future developers, the best part will be a decentralized culture of development. They will have data to use and share without having to take approvals from any authorities controlling the data. In short, future software development markets will be more accessible, supportive, and safer as good thanks to features that Web 3.0 is expected to deliver.

5. DevOps

Modern software development is focusing on DevOps as the trend comes with enhanced security, adaptability, and collaboration. The main reason behind DevOps’ increasing popularity is its set of tools that help developers and businesses automate their software requirements.

DevOps has other important advantages as well. For instance, the agile software development process, continuous monitoring, enhanced security, faster development, faster product delivery, and more.

6. Progressive Web Apps (PWAs)

PWAs are now trendy as these apps provide users freedom from the process of downloading apps from app stores. PWAs are faster, lightweight, and consume less internet compared to native apps.

Users can download PWAs directly from web pages and install them on any smart device that supports a web browser. Software developers with skills like HTML, CSS, JavaScript, and WebAssembly can build quality PWAs within less time compared to the time that native app developers spend.

Top software development companies in the USA, China, India, and others have already shown interest in this development trend as it saves costs and helps them target multiple platforms with a single digital product.

7. Mixed Reality

A fusion of Augmented Reality (AR) and Virtual Reality (VR), Mixed Reality (MR) is the latest interactive technology. The technology helps users interact with physical objects and digital objects.

For software developers active in industries like gaming, entertainment, learning, museums, etc, Mixed Reality is the future. The technology will demand skills such as 3D, AR/VR, IoT, animation, and more along with software developers to build and deploy full-fledged applications for users.

Conclusion

The software industry is very dynamic and massively competitive. So, to stay on the top of the food chain it is crucial to have the vision to predict possible software development trends of the future. In this blog, these software development trends that we shortlisted in 2023 have the potential to keep you ahead in the race if you are able to use these trends for the benefit of your possible software development strategies.

By applying the above-mentioned software development trends to build your digital product, you will be able to build scalable, feature-enriched, fast, and safer apps. So, hopefully, you find our take on 7 software development trends to watch in 2023 useful.