Insights

A look at 2023’s Software Development Trends

Our lives have changed because of technological advances and there are continuous innovations and developments in the field of technology. The software development industry is the one industry that affects every other industry because of its wide application. Businesses transforming with digital transformations or even businesses taking their first step towards this journey. Software development trends would affect their decision-making for choosing their software solutions.

The software development industry has been growing for decades and it is going to grow more in this digital world. The demand is high and to meet the demand there are ongoing innovations that lead to different software development trends. Being a technology-driven company we keep ourselves updated with all the developments in this field. The recent software development trends are discussed in this blog, which would interest you.

Top Software Development Trends in 2023

1. Artificial intelligence

Artificial intelligence is one of the most promising trends in the software development industry. Its application reduces the requirement for human intervention to a minimum. With the help of AI image recognition and speech recognition capabilities, applications have been developed. That benefits industries like automotive, retail, manufacturing, security, and agriculture.

In 2022, the global market size of artificial intelligence was estimated to be $86.9 billion and is expected to grow at a CAGR of 36.2% from 2022 to 2027. The key areas where AI benefits in the software development process are the speed of development, error management, real-time feedback, and software testing. Also, application development uses AI to provide users with a rich user experience.

2. Cloud computing

The cloud-based solutions provide flexibility to businesses to operate from anywhere in the world, which has become a necessity in today’s time. It eliminates the need for on-site infrastructure and also reduces the cost by allowing to pay per use basis. The development of cloud-based services has led to the creation of several solutions useful for businesses such as customer relationship management, project management, ERP, and cloud-based applications.

Cloud computing is a preferred choice because of the convenience it provides and doesn’t have the requirement of building on-site infrastructure which saves a lot of time and money. The global cloud computing market is expected to grow from $371.4 billion in 2020 to $832.1 billion by 2025.

3. Block Chain

The security, data protection, and transparency blockchain technology offers makes it one of the promising technologies applied in software development. Blockchain helps to create secure decentralized systems for effective business operations. Blockchain as a service allows businesses to build blockchain-based applications. Supply chain management, manufacturing, e-commerce, and data management are some of the areas where blockchain is popularly used.

Blockchain is also helpful in the software development process to record all the aspects of the development process which helps in maintaining the record for large applications.

4. Low-Code/No-Code

The low-code practice is one of the recent trends that fasten the development of software. The developments have led to the creation of platforms that require minimum coding, there are flow charts that help you with the application. This trend optimizes the overall development process and makes it easier and time-saving.

The low-code platform market is expected to reach $46.4 billion by 2026. It is a relatively new trend that is expected to grow in the coming years.

5. IoT

The Internet of Things has been talked about for quite some time now. The IoT interconnects various objects and connects them to the internet. IoT has made it possible to connect and manage a number of appliances or devices to your mobile. Smart headphones, watches, and smart home devices have become a reality with the use of IoT.

In recent times IoT has been adopted by many sectors like healthcare for building health patches and emergency response systems. In the automotive industry for car tracking, and fleet monitoring systems. In the year 2021, the global market of IoT already reached $300.3 billion and is expected to reach $650 billion by 2026.

6. Augmented Reality

AR has been adopted and used by several sectors like entertainment, education, archaeology, retail, and medicine. With the help of AR, it has become possible to create an interactive experience for the user combining the real and virtual worlds.

The application of AR in the e-commerce industry is huge. The buyer is provided with detailed information and a real-world feel of the product because of AR. This makes the shopping experience more user-friendly and convenient.

7. Microservice architecture

The trend of microservice in software development manages incremental improvements and updates efficiently. Microservices architecture is essential for large and complex software applications, as making changes is difficult otherwise. The microservice architecture also makes the development process smooth and easier by creating independent modules which are easy to deploy and manage.

The microservice architecture market was estimated at US $3477.50 million in 2021 and is expected to reach US $13816.06 million by 2029.

8. Web 3.0

Web 3.0 is the next evolution in the world wide web which is going to change and revolutionize the world of the Internet. Web 1.0 was the first phase of the Internet and Web 2.0 is the current version we have working with. Web 3.0 is working on integrating all the latest technologies such as machine learning, artificial intelligence, cryptocurrency, NFT, and the metaverse. The idea is to create a decentralized and secure world of the internet.

9. DevSecOps

Previously DevOps have been popularly used by developers, in which the focus was on collaborating primarily with the developers and the operations part of the development cycle. In recent times it upgraded to DevSecOps, which also includes security in the process. DevSecOps is a trending practice in software development to safeguard the security of applications. This approach collaborates all three development, security, and operations at all levels.

Security is one of the major concerns with the rise in the number of attacks and threats. DevSecOps helps in ensuring the security of software and applications. 

10. Outsourcing

Outsourcing software development is a trend that is prevalent for several years and is not going to fade away. Not every business has the resources to build the software solutions they need in-house. And even with the in-house resource it is beneficial for businesses to outsource their requirement to save time, and focus on other crucial aspects.

In 2023, the IT outsourcing market is expected to reach $430.50 billion. It is an ever-growing market. The benefits of outsourcing software development are many like faster development, skilled resource, and cost-effectiveness.

Conclusion

We have picked a few software development trends and discussed them here in brief in this blog. However, there are constant developments in the field of technology and there are many already existing trends that make it impossible to cover in a single blog. We selected some of the top trends that are going strong and will be trending in 2023 as well. If there is any other trend or technology you are confused about or want to know the details mentioned, feel free to connect with us. DRC Systems is one of the leading and reputed companies in the industry, and our team is an expert in their technology. We would be happy to help you with any type of software development services you need.