Last Updated: April 23, 2024

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Mrunali Gaikwad

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As technology continues to advance at an exponential rate, the software development industry is constantly evolving to meet the demands of businesses and consumers alike. With each passing year, new software development trends emerge that shape the industry and change the way we create and use software .

This year too, we can expect to see several exciting custom software development approaches and technologies that will bring a noticeable shift. From the rise of low-code and no-code development platforms to the growing importance of cybersecurity, these trends will have a significant impact on the way software solutions enter and perform in the markets.

In this blog, we will explore the top software development trends to watch out for in 2024. Whether you're a developer, a business owner, or simply someone interested in the latest technology trends, this blog will provide valuable insights into the future of software development. So, let's dive in.  

We’re already four months into 2024 and the software development industry seems to have picked up on the newly emerging tech. Here are the top Software Development trends that you must know about. 

Artificial Intelligence Is Everywhere  

There are surely very few readers who aren’t aware of AI chatbots. In fact, most of us even use them in our day-to-day life, don't we? Not surprisingly, Artificial Intelligence (AI) is spreading across industries in 2023 and beyond. 

Artificial Intelligence gives machines the power to think and make decisions just like humans. Over the last three years, several companies have started implementing AI in their day-to-day routine. It has helped them stay ahead of their competitors, specifically those who are not reaping out the benefits of the same. 

AI has catalyzed the effects of technology and development. It has been like a tree, with branches like deep learning, machine learning, and many more. These branches are newly developed technologies with benefits and applications of their own. 

Chatbots are the finest examples of implementing AI (as we said). These chatbots have successfully created a seamless user experience and have managed to increase the customer base. 

The segment of the software market that uses and implements Artificial Intelligence is huge. Experts estimate the market for its subsets like Machine Learning and Deep Learning to reach a whopping $128 billion by 2025!

These numbers state only one thing: Artificial Intelligence is no longer a trend. It is a driving force for several trends and is here to stay and dominate. Thus it’s high time to reach out to your custom software development partner and figure out how you can make the best of this crucial advancement.   

Industries That Can Benefit From AI 

  • Healthcare: Artificial intelligence has transformed how people receive, provide and manage medical care services. The healthcare industry is actively using AI for diagnostics, medicines, and automating various other operations. This is further expected to get even better. 
  • Finance/Fintech: In the fintech industry, AI can be used to automate processing and gather data from various facets to make things better. 
  • Automobile: While most of us are already using self-driven cars. This must not be a surprise. AI is being used for driver assist programs, risk monitoring, autonomous driving, etc.  
  • Ed-Tech/Education: Organizations are vastly using AI-powered custom software to monitor the performance of students and offer them the necessary, tailored guidance. 
  • Travel and Tourism: AI chatbots are replacing travel agents for flight and hotel bookings, hiring vehicles, etc. 

Several researchers believe that we have only seen the tip of the huge iceberg. We will soon be able to witness the horizon of benefits that Artificial Intelligence brings for us.  

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Blockchain Development 

While Blockchain was a relatively new technology, it soon became the talk of the town with the emergence of digital currencies like Ethereum and Bitcoin. Blockchain is extensively used in the finance and banking sector since there’s a necessity for reliable security. 

Software Development Trends statistics

 

Blockchain helps in simple and secured recording of transactions with its decentralized ledger system. It lets you store data in a public-facing record that’s absolutely secure. Many companies are now seeking Blockchain development services to expand, improve, and secure their operations across different levels.   

Augmented Reality, Virtual Reality, And Mixed Reality

Let’s understand these better, individually. 

Augmented Reality or AR

AR is an enhanced version of real-world objects. It utilizes digital visual images, sensory, stimulation, or sound to create the enhancements. 

The applications of AR are widely expanding. We can find its applications in several industries. One of the industries that are majorly being impacted (for the good) by AR is the eCommerce industry. 

AR has managed to change the way end-users shop. It has completely revolutionized the shopping experience by using other toolkits such as AR-powered GPS apps. Developers can use custom software development tools to implement the applications of AR. 

AR and its applications are on the rise also because it has become much easier to implement. Thanks to Google and Apple-led tools like ARCore and ARKit.

Virtual Reality

Virtual Reality has managed to captivate gamers, and rightly so. That is because VR finds its maximum utilization in the gaming industry.

VR has the potential to take users into a different universe with first-person perspectives. Users would be in a different world exploring the wildness of the forests or the deep trenches of the oceans. The best thing here is you could do this from the comfort of your home. 

The point here is to tell you that the applications of VR are much more than this. It finds extensive usage in entertainment and the education or Ed-tech sectors. Hire a software developer who has extensive knowledge of Virtual Reality to help you know its potential in a better way.

Talking of the Ed-tech industry, it utilizes VR well to give students a hands-on and practical approach to concepts included in their syllabus. The entertainment industry draws its benefits from VR by popping out movies that are VR-based. 

Another commendable point here is the development of two significant software for VR:

  • The Amazon Sumerian
  • Google VR

Mixed Reality (MR)

Mixed Reality gives you the best of both worlds! It is an amalgamation of the digital and the physical worlds. Mixed Reality has the potential to change the experience of humans interacting with the real physical world. 

Although we don't know much about MR, what we do know is how it can change the process of human stimulation. Microsoft is one of the notable companies providing huge backing for Mixed Reality with the help of custom software development. 

AR, VR, and MR have constantly progressed over the years. Users have always craved something new and more enhancing in terms of experience. Hence, AR, VR, and MR are all set to revolutionize how we see and perceive things. 

Progressive Web Apps 

Progressive Web Apps (PWAs) have been gaining popularity in recent years. PWAs are web applications that use modern web technologies to provide a mobile app-like experience to users, such as the ability to work offline, receive push notifications, and access device hardware features like the camera and GPS.

In 2024, it's likely that PWAs will continue to be an important trend in software development. This is due to their many advantages, such as the ability to reach a wider audience since they can be accessed on any device with a web browser, faster loading times, and easier maintenance compared to native apps. 

Also Read: PWA vs Native Apps – Who Is Ruling Over 2023? 

Moreover, with the rapid advancement of web technologies, PWAs will become even more powerful and capable, offering more features and functionalities that were once exclusive to native apps. As such, PWAs will likely continue to be a popular choice for businesses and developers looking to create mobile-friendly and responsive applications.  

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Cloud-Based Solutions 

Cloud has been a major trend in software development for several years now, and it's likely that this trend will continue to grow in 2024.

Cloud-based solutions are hosted on remote servers and accessed over the internet, rather than being installed locally on a user's device. They offer many benefits, including scalability, cost-effectiveness, and flexibility.

In 2024, it's likely that cloud-based solutions will become even more prevalent as businesses and organizations continue to embrace cloud computing technologies. Cloud-based solutions allow developers to create and deploy applications faster and more efficiently, since they can take advantage of pre-built cloud services and platforms to handle tasks like database management, authentication, and storage.

Moreover, easy access makes cloud-based applications ideal for businesses that have remote workers or employees who need to access data and applications from multiple locations. 

Conclusion

The software industry is continuously coming up with new trends. Businesses and large companies are willing to give these trends all that it takes because they want to be leaders.

Now is the best time to implement these ground-breaking software development trends. It can work as a game-changer in your industry. Reach out to a reliable Custom software development company to have an upper hand over your competitors.

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