Moving with the waves of time, you would certainly find new technology trends that emerge and likely surprises us with new advancements and impacts. In early 2019, you might have observed the cloud was the mainstreaming trend which got embraced by many evolving businesses, Software development companies, start-ups, government sectors, hospitals, legal offices, etc. Because of this fire catching adoption, so many cloud service providers have begun to give free trials to the setups to see if it is fitting to their business needs or not. Businesses are also focusing on enterprise application development to improve their operational efficiency. Software development will create great value in the coming years. The rapid digital transformation has affected all life spheres including business, healthcare, manufacturing, and entertainment. Here are 10 Software development trends that will continue to dominate 2020.
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Internet of Things
The ubiquity of wireless networks and cheap computer chips have made trillions of physical devices stay connected to something called the Internet. We can imagine IoT working as a giant robot that is effortlessly handling device operations just with the help of sensors, managing real-time data without the need of any human.
The IoT is a far-reaching and path-breaking technology that makes use of application programming interfaces (APIs) to exchange data over the internet. According to “Statista”, IoT market revenue will reach about $1.6 Trillion by the year 2025. The fastest compound annual growth rate is expected with 15% in construction, telecommunication, healthcare sectors. There are various benefits of IoT, allowing businesses to collect large amounts of data, accelerate business processes, and reduce operating costs.
Also known as machine intelligence, this technology is making a tremendous impact in today’s tech-savvy world. In Artificial Intelligence, the machines are programmed to think like human brains and perform tasks appropriately.
According to MarketSandMarkets, the global artificial intelligence market will reach $ 190.61 billion by 2025. AI applications such as robots, machine learning, image or text recognition, chatbots, data filtering, data analytics, sales forecasting, etc. AI provides numerous benefits like streamline operations, reduce costs, boost productivity, improve customer services, and increase performance.
Blockchain represents decentralized digital data records and provides safe information storage that enables secure transactions without third-parties. These transaction records are stored in a wide range of blocks connected logically using cryptography. If we talk about the most secure platforms for today, then Blockchain ranks top in the list.
According to Statista, 55% of healthcare applications will have integrated blockchain solutions for commercial use by 2025, and market value in the food and agriculture industry is predicted by nearly $1.4 billion by 2028.
Big data technology is a software utility that handles extremely large, complex datasets and deals with analyzing, processing, and extracting the data information from it. It is estimated that, by the year 2025, its about 463 exabytes of data would get created every day worldwide. Looking at these statistics, it is doubtless to say that Big Data technology would stay demanding for a long time in the market.
The processing tools of big data provide predictive analytics, efficient risk management, and deep insights into customer behavior, enhance lead generation, improve advertising campaigns, and many more. Bid data is a top technological trend that allows us to capture, store, analyze, and visualize large amounts of raw and unstructured data and transform it into valuable information.
AR & VR
Augmented reality (AR) and virtual reality (VR) is forming an immersive environment with either physical or digital objects interacting in real-time. AR & VR is transforming industries such as entertainment, simulation-based learning, art, healthcare, retail, remote working, historical reconstruction, and military training.
CI & CD (Continuous Integration & Continuous Deployment)
CI & CD are the latest software development trend that enables IT services vendors to streamline programming processes and improve the end-solution quality. Enforcing with the automation process in the application development stages like development, testing, and deployment, CI & CD delivers the end-products (applications) much faster than ever before. This process has been adopted by many esteemed software application development companies.
Progressive Web Apps (PWA)
It is a mix of website and mobile application functionality acting as a native solution. It offers users an immersive full-screen experience. Many famous companies such as Forbes, Twitter, AliExpress, Flipkart have already integrated PWA solutions.
The best benefit of PWA is that it eliminates the necessity of download at first. In traditional apps, you had to search it in the play store, download it and install it to your device to view the app functionality and features. Whereas in the case of PWA, the user can directly open it and start using it. These are deployed on servers and hence can be accessed through URLs. These can work with low-quality networks as well.
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According to Statista, the number of 5G enabled connections is anticipated to grow to 20 - 100 million by 2021. 5G offers faster download and better upload speed to Smartphone users with better mobile broadband. When compared to 4G, it is about 100 times faster. With such huge speed, it can easily handle the driverless cars and other enormous home products. Low Latency factor is another difference between 4G and 5G networks. 5G has a speed of about 100 Gigabits per second by which you can watch the 4K resolution video very smoothly without having any buffering issue. No doubt, 5G would play a significant role in many fields like National defense, military, government sectors, Income tax offices, etc.
Cybersecurity encourages government entities, corporations, small and medium-sized businesses to integrate security solutions. According to Cybersecurity ventures, the damage inflicted from cybercrime will cost the world about $6 trillion by 2021. Security concerns have created huge headaches for several giants and industrial sectors in the world, especially for their confidential and sensitive data. Frequent upgradations and enhancements on Cybersecurity are the rays of hope for these sectors and hence several giants are working for the same to build a safe barrier.
Information Technology outsourcing offers qualified engineers at a lower cost across different regions and specifications. According to Technavio’s, the IT outsourcing market size will be $409 billion by 2022.
The world is changing with rapid technological advancement. Technological trends are helping businesses to solve different challenges. Technology helping companies to meet industrial-specific needs and reduce costs. In the coming years, we will see, organizations will adopt various innovative technologies to improve their business operations.