Each year the global Tech industry leaders sum up the passing year’s software development advancements and give their predictions about the strategic technology trends for the upcoming year. While some software development trends announced in 2022 remain unchanged, others spring up unexpectedly and completely change the way businesses work.
In this article, we’ve looked into the global software development tendencies together with the world Tech leading companies and outlined the main technology trends for 2023.
Adoption of Low Code/No Code Development
Low-code development is expected to become one of the main trends of 2023 in software development. Forbes states that “organisations simply cannot spend years trying to get their IT shops in order so that they can compete.” Meanwhile, anyone with a basic knowledge of programming can now try to create their own apps, and for SMEs, this opportunity is especially valuable.
While low-code/no-code solutions are quickly gaining popularity due to their speed and the possibility for any business to enter the market quickly, they are hardly scalable and adjustable if the market trends change and businesses have to react accordingly. Therefore, the demand for custom software development services will still be the most appreciated option.
Cloud Computing Is Still On The Rise
Most businesses decide to move their applications and systems to the cloud due to their easier infrastructure setup and management, effective and secure data storage, maintenance and support. IaaS and PaaS solutions will continue growing in popularity as they help to easily adopt and deploy software solutions as well as they help cut down development and maintenance costs.
According to MarketsandMarkets, the global Cloud Computing Market size is predicted to double, growing from $445.3 bln in 2021 to $947.3 bln by 2026 at a CAGR of 16.3% during the forecast period.
Internet of Behaviour
Internet of Behaviour (IoB) is the next logical step in the development of IoT technology. Using IoT combined with Big Data, Business Intelligence, and customer data platforms, IoB collects a wide range of information on customer behaviour, their interests and preferences. This allows companies to improve their products from the perspective of human psychology as well as develop and adopt more precise marketing strategies.
IoB goes further than just influencing buyers’ choices, it’s about creating a more advanced customer experience. This way, companies will be able to create applications that better understand their users’ needs, providing a unified and cohesive experience and making the development solution more relevant and useful.
Precedence Research report states that the global IoB market size was estimated at $391.5 bln in 2021 and it will reach $2,143.57 bln by 2023, growing at a CAGR of 20.79% from 2022 to 2030.
The Rise of Web 3.0
Web 3.0 is a complex notion that implies the usage of the latest Tech advancements when building digital solutions. These advancements can include the development of decentralised applications, implementation of Blockchain, Machine Learning, Artificial Intelligence, Big Data technology, 5G and 6G technologies, and many others. The use of these technologies results in a data-driven approach to customer satisfaction.
Currently, the global society is at the transition stage from Web 2.0 to Web 3.0. Businesses only partially use decentralised databases and implement AI in their digital solutions. However, it’s clear that in the near future, it’ll be impossible for businesses to compete without leveraging these technologies in their mobile and web applications.
Grand View Research predicts that the global Web 3.0 Blockchain market size estimated at $1,36 bln in 2021 will grow significantly, expanding at a CAGR of 44.9% from 2022 to 2030.
Blockchain is Gaining Momentum
For the past decade Blockchain technology has been used to develop secure and reliable digital solutions in healthcare, government, banking, gambling, logistics, and other industries.
While enhancing security, the blockchain solutions also provide transparency of all operations as well as introduce smart contracts to automate processes and improve trust between partners.
Blockchain technology shows unprecedented growth rates. It’s expected that its global market share will reach $19 bln by 2024 whereas in 2021 it reached $6.6 bln.
The term “Microservice” was first used in May 2011, since then this architectural pattern has firmly established itself as a leading one in the software development industry.
Previously, software developers had to use a monolithic architecture in their digital solutions. It means that an entire application had to be built as a solid code that can’t be divided into parts without breaking its functionality. Meanwhile, when implementing a Microservices architecture, software developers combine single-function modules together in a standalone digital solution. As a result, the microservices architecture allows software developers to create highly-functional and flexible solutions that are easy to scale and maintain.
Microservice architecture is widely used for building various digital solutions, starting from mobile app development to building desktop and web applications, to cross-platform app development. In 2023, the trend will continue to prevail over other software architecture types. Allied Market Research states that the global Microservices architecture market share will reach 8,073 mln by 2026, being estimated at 2,073 mln in 2018. It will register a CAGR of 18.6% between 2019 and 2026.
Infrastructure as Code (IaC)
Infrastructure as Code (IaC) can significantly alleviate the software development and maintenance process by managing and provisioning IT infrastructure using configuration files or code instead of doing this manually. This becomes possible due to cloud computing technologies that allow DevOps engineers to automatically set up their infrastructure needs smoothly and fast.
With IaC, software development companies can effectively cut down their development costs as they don’t have to assign many specialists for infrastructure management, tackle any inconsistency issues due to the prevention of several people deploying configurations manually, and ensure the infrastructure scalability and availability due to on-cloud implementation.
MarketsandMarkets predicts that the Infrastructure as code market size will grow from $0.8 bln in 2022 to $2.3 bln by 2027, growing at a CAGR of 24% during the forecasted period.
Kubernetes is an open-source platform that facilitates containerized application management and makes their deployment and scaling simple and trouble-free.
While there are many various Microservices solutions provided, Kubernetes has become an especially popular platform because of its extra benefits which include simple container app creation and deployment, platform reliability and efficient rollbacks, decoupling apps from infrastructure, environmental consistency across the development process, cloud portability, and much more.
Today, Kubernetes has a strong community of software developers that use the technology for various purposes from hosting large-scale websites to deploying mobile applications. According to Statista, 50% of organisations already adopted Kubernetes in 2021, and in 2023 we expect that it’ll gain wider traction among companies and in the software development industry.
Security will continue to be one of the major issues in software development. Therefore, more companies will pay attention to the DevSecOps approach. This trending practice implies that software developers start introducing security measures at an early stage of the software development life cycle (SDLC). As a result, all the potential threats and security issues will be more effectively eliminated at the initial software development stage.
GlobeNewswire states that the growing data security concerns have boosted the adoption of DevSecOps across Tech companies. Its market size is projected to reach $23.16 bln globally, growing at a CAGR of 31.50% by 2029.
The 2023 year brings various software development trends on the table. Nevertheless, companies that strive to adopt new technologies in their digital solutions have to carefully consider each software development innovation and adopt only those that will surely help them stay competitive in the market and provide the best customer experience to their users.
If you’re planning to upgrade the existing software or considering building a new one from scratch, we’re ready to help you and provide you with the best software development experts who have enormous experience in working with new technologies and innovations.