The software industry is undergoing a period of significant transformation. Every day, there is a growing demand for software development.
While going through their global market size, we found the custom software development market was estimated at $36.36 billion in 2023. Whereas, it is expected to reach $44.86 billion in 2024.
From the rise of Generative AI to the expanding interest in blockchain solutions, the way we conceptualize, develop, and maintain software is evolving rapidly.
But the question still remains- what are the top software development trends to follow in 2024-25?
Well, as we look ahead, there are a lot of trends in software development that are poised to shape the future. So, let’s see them in the list below.
List of Top 7 Software Development Trends in 2024-2025
As digital transformation becomes essential for businesses to remain competitive and meet current market demands, they are increasingly turning to software development services.
The challenge businesses face is choosing which software development trends to follow. To help you navigate this, we’ve compiled a list of the top 7 trends.
This list is carefully curated through extensive web research and consultation with software development experts. It will guide you in selecting the technology that best integrates with your product idea and delivers a strong return on investment (ROI).
So, let’s have a glimpse of the software development trends:
- AI (artificial intelligence)
- Low-Code/No-Code Development
- Cloud Solutions
- Cybersecurity
- IoT
- Blockchain Technology
- PWAs
1. AI Takes Center Stage in 2024 & Beyond
AI is no longer science fiction; it’s everywhere.
It is now an integral part of numerous industries. Take healthcare, for instance, where AI is used for early disease detection. In the IT sector, it’s used for coding software and even enhancing its functionality.
For now, let’s not scatter to other sectors. Let’s bring our focus to AI in software development.
The global market for AI Code Tools Market is projected to grow from USD 4.3 billion in 2023 to USD 12.6 billion by 2028.
There are so many AI tools in the market for AI developers like –
- GitHub Copilot
- Tabnine
- Amazon CodeWhisperer
- ChatGPT
- OpenAI Codex
- TensorFlow
- AlphaCode
These revolutionary AI tools are transforming the software development landscape. Businesses are increasingly leveraging them to empower developers with enhanced efficiency and to have higher productivity.
Not just that, AI’s impact extends beyond coding. AI software is making waves in other sectors too. For example, AI software is making a huge impact through Robotic Process Automation (RPA).
Surveys indicate that over half of businesses are already leveraging RPA. And, 20% may use it in the coming next two years.
Besides, the use of Generative AI, Adaptive AI, and Machine learning are in demand and expected to have a great future for innovative software solutions.
2. Low-Code/No-Code Development Democratizes Software Creation
The next biggest software development trend in 2024 and beyond is- Low-Code/No-Code development.
While AI offers powerful assistance, traditional coding can still be riddled with challenges.
One of those challenges is budget.
Software development can be expensive!
These factors have led to the emergence of low-code/no-code development platforms. The primary goal of these platforms is to simplify the software creation process.
Besides, these platforms don’t require advanced coding skills or IT knowledge. However, you can hire a software development team who have a better knowledge of these platforms. They empower users to develop software faster and easier.
Businesses that have adopted this trend -find it as their most important automation investment. Low-code has nearly tripled the investment since the pandemic.
According to Statista, the global low-code platform market was valued at almost $22.5 billion in 2022 and is expected to reach approximately $32 billion in 2024,
Plus, Bubble, a popular no-code development tool, exemplifies this trend. As per their website data, to date, there are 3,300,000 apps that are being built using Bubble – the full-stack, no-code app builder,
3. The Cloud Reigns Supreme as Remote Work Flourishes
The COVID-19 pandemic significantly impacted various industries, but it also accelerated the widespread adoption of cloud computing.
As businesses rapidly shifted to remote work models, the cloud emerged as the perfect solution to meet their evolving IT needs.
Over 90% of respondents saw an increase in cloud usage due to the pandemic. The cloud’s scalability proved to be one of the software development trends in 2024.
Global tech consulting firm Accenture’s commitment to cloud adoption exemplifies this trend. They launched “Cloud First” with a $3 billion investment in September 2020, creating a dedicated team of 70,000 cloud professionals to expedite cloud migration for their clients.
This surge in cloud adoption has fueled the demand for cloud-native software engineers.
There is a demand for cloud engineers and cloud migration services. Businesses are looking for dedicated software developers who have expertise in
- Software as a Service (SaaS)
- Infrastructure as a Service (IaaS)
- Platform as a Service (PaaS)
4. Cybersecurity
Cybersecurity will undoubtedly remain a top concern in the years to come. Ransomware attacks, in particular, are expected to become more prevalent. This underscores the need for businesses to invest in robust security solutions to protect their valuable assets.
IBM Security reports that organizations with fully deployed security automation can potentially save themselves $3.58 million more in the event of a data breach compared to those without automation.
Furthermore, the report highlights the growing adoption of DevSecOps among businesses. Studies reveal that organizations across industries with a strong DevSecOps approach experienced a significant cost reduction in data breaches.
On average, these organizations saw a global cost of nearly $1.7 million lower compared to those with limited or no DevSecOps implementation.
5. The Continued Expansion of the IoT
The Internet of Things (IoT) is poised for continued growth in 2024 and beyond. Statistics predict there will be 65 billion IoT devices in 2025, a six-fold increase compared to 2018.
Thus, IoT integration in software is normal. As with such integrated software, it is easy to gather, analyze, and act on data produced by IoT devices. It empowers automation, real-time decision-making, and a seamless user experience.
With an estimated 309 million homes worldwide projected to have smart systems by 2024, the demand for IoT-powered software is high.
6. Blockchain Technology Matures
Blockchain technology, the foundation of cryptocurrencies like Bitcoin, is finding applications beyond the financial sector.
With its core principles of transparency, security, and immutability- the use of blockchain is wide. It offers great potential for various industries. There is a trend of developing-
- Decentralized apps
- NFT marketplace
- Smart Contracts
Developing blockchain-based software helps identify inefficiencies, prevent fraud, and ensure the authenticity of products. For example, in healthcare, blockchain can be used to develop an app that securely stores and manages patient medical records.
Though still in its early stages of development, blockchain holds immense promise for revolutionizing the way we conduct business and manage data.
7. The Rise of Progressive Web Apps (PWAs)
PWAs are in high demand. Companies like Twitter, Starbucks, and Spotify have all leveraged PWAs to enhance user experience and reach a wider audience.
In a recent survey, it has found that- the global PWA market is estimated to reach a value of USD 10.44 Billion by 2027.
With their growing popularity, PWAs are likely to play a more prominent role in the future of software development.
Endnote
Here, we come to the end of the blog on top software development trends shaping 2024 and beyond. We trust you found this information valuable. However, if you are stuck at any of the points, you can consult any top software development company in India. They will be your helping hand. They will let you know – what sort of software is in trend in your particular sector.