10 New Software Development Technologies to Watch in 2023

If we go for a quick definition of software development, it refers to a set of activities aimed at building, designing, deploying and maintaining software systems and applications.

The sphere of software development is one of the fast-paced and ever-changing industries. Under the influence of new languages, frameworks, tools or new societal demands being emerged consistently, keeping up with them is imperative for businesses to become more competitive.

Especially technologies in software development change more rapidly than in any other industry, and this turn choosing the right software development technology indispensable. After all, technological advancement is the key factor in simplifying everything from problem-solving to automation of repetitive business tasks.

List of the software development technologies to make an attempt in 2023

In order to compete in the global marketplace, keep a close eye on the emerging software development technologies that will shape the industry in 2023 to remain competitive and relevant in the ever-changing industry.

1. Blockchain in software development guarantees a faster process

Blockchain technology is no longer just associated with cryptocurrency rather the space between blockchain and cryptocurrency has extended. According to Statista, by 2024, the spending on blockchain solutions will reach around $19 billion. The uses of blockchain have been recognised in various industries including banking, cybersecurity, government, the Internet of things, supply chain, advertisement, affiliate marketing etc. Such as, businesses can use blockchain to monitor their supply chain process till the end delivery stage. And in the banking sector, there are a number of use cases of blockchain technology like fraud reduction as due to the encryption feature blockchain is always secure.

2. Cloud computing makes collaboration easier

Software development companies are actively using cloud-native solutions be it for app development or team management. Implementing cloud applications allow employees to collaborate on team projects without even being next to one another. It allows instant access to files, file syncing, co-authoring of documents, file storage, upload and download which makes collaboration easier.

Security is always top-of-mind when it comes to software development. And it is the top benefit of cloud computing as cloud infrastructure provides the proper security measure and data recovery plans. Alongside, cloud computing not just provides significant cost-saving solutions for software development, but creates a virtual environment for project management and software builds that come equipped with automated testing.

3. Artificial intelligence is a rapidly growing field

AI is one of the fastest-growing software development trends. In 2022 the global AI market was valued at USD 136.55 billion and it is projected to expand at a compound annual growth rate (CAGR) of 37.3% from 2023 to 2030. One most advancement in AI these days is generative AI. It holds the ability to create new content using pre-existing data like audio, video and text. Also, the voice response and recognition system are likely to become standard features. As AI takes over routine tasks, developers get the chance to devote their time and expertise to solving more issues. This transition eventually advances the software development process allowing more and more AI-powered interactions.

4. Python surpasses Java in popularity

Python is one of the popular open-source software development languages used by popular platforms like Google, YouTube, Instagram, Spotify and many more. Even if the list of the most used programming language used to be dominated by JavaScript, Python is in the race towards the top list as the demand, popularity and support communities for Python has been growing in recent years. It can be used on a diverse range of software development tasks, from machine learning to big data to several computational heavy tasks. It facilitates software engineers with the possibility to use less code compared to other programming languages. It also comes with tons of quality frameworks and libraries, simple and clear syntax, extensive support and all.

5. Internet of Things (IoT) technology has become a breakthrough

IoT made a revolutionary contribution to software development. In industries like manufacturing, education, financial services, healthcare and transportation, IoT technology is used very often. The market size is projected to grow to USD 3352.97 billion by 2030. One of the prominent IoT trends is the implementation of digital twin technology that allows businesses to replicate real-world systems in a virtual environment and optimise operations. Also, edge computing has emerged as a crucial aspect of the IoT industry in recent times, as more companies realise the benefits of bringing their analytics and decision-making closer to the data source.

6. 5G unlocks endless possibilities

5G technology is one of the leading trends for software development in 2023. It has already been deployed in many countries. It offers several potential benefits including high-speed wireless connectivity, lower latency, greater capacity, quick reaction time, energy efficiency and improved security. No wonder, it opens up new opportunities for innovation and brings endless possibilities for advanced application. Suppose augmented reality and virtual reality require a lot of data processing and 5G turns it easier to experience AR/VR on mobile apps. It also leads to a significant increase in the usage of IoT devices as the deployment of 5G networks makes it possible to manage this massive influx of data with ease.

7. The role of AR/VR technologies is emerging

Technologies like AR (augmented reality) and VR (virtual reality) are being integrated everywhere. Not just in the gaming industry, AR/VR is seeing expanded use in the sector of education, healthcare and marketing as well. So in the near future, we can expect to see AR and VR technologies becoming more deeply integrated into various aspects of our lives will be one of the top trends in software development. However, implementing these techs is much more complex compared to the other leading technologies. So, it is wiser to take the help of a reliable software development company and embrace the trend.

8. No-code low-code platform adaptation is taking off

The no-code and the low-code market is speeding up software development and the sector is expected to grow at a compounded growth rate of 27.8% annually, to USD 148.5 billion by 2030. The demand for all development services is growing at a higher rate and with no-code citizen development, the demand can be satisfied as it frees up the headspace of developers to focus on crucial issues. Unlike traditional development, the no-code/low-code platforms enable business users to operate with transparency and automation. With the simple drag-and-drop development ability, it makes updating or redesigning applications effortless while enabling individuals to build apps with no extensive programming or coding knowledge.

9. DevSecOps maximise the role of security

From day one of software development, cyber security remains a key concern. And it is the DevSecOps approach that involves incorporating automated security and compliance testing into the software development lifecycle itself. DevSecOps is the evolution of DevOps as it ensures security at every phase of the traditional DevOps pipeline. The ultimate goal is to minimise the vulnerabilities in code and infrastructure configurations. With the rapid adaption of microservices and cloud-native app development, the rise of DevSecOps is happening. The market size is expected to reach USD 41.66 billion by 2030, growing at a CAGR of 30.76% from 2022 to 2030.

10. Cyber security ensures secure user development

Even if cyber security has been around for a while, the role of cyber security in software development is crucial. Due to the rise of cyber-attacks and data breaches, businesses require to take necessary steps to protect sensitive information. Or, one single profile hack or data breach can lead to exposing the sensitive information of millions of people. In the process of building an application from idea to decommission, cyber security professionals play a key role in protecting networks and systems from attackers. So as long as we have hackers, cybersecurity will remain a trending technology.

Technologies are continuously emerging and evolving all around us and the mentioned are some of the trends in software development to take notice of. Except these, there are many are as well that might create a buzz in coming years like quantum computing, QA automation, datafication, genomics and many more.

No matter whether you are an enterprise or start-up, to accelerate your business in a minimum time by achieving a competitive edge over others research the top popular trends and build your applications.

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