The software development realm is a dynamic field with updated and new trends in technologies surging up in tandem with new market demands and the latest user expectations. Every year, new technological trends reshape the way giant software companies work on software development projects. Not being ready for these changes means your company or team doesn’t know how to stay ahead of the curve.
In the modern era, staying competitive is a top priority for every software developer and software development company. Suppose a business has the latest technologies and trends in its arsenal of software development projects. In that case, it can meet the latest user expectations, stay unique, give better functionality, and give the world a software solution that looks straight from the future.
From cybersecurity to inevitable AI, the software development landscape is going through one of the finest transformations and 2024 is no exception. This year clearly shows a paradigm shift with a long list of transformations changing the software development services with a clear focus on green technological solutions.
If you wish to stay ahead of the curve and want to know about the latest technological trends in software development, this blog is for you. In this detailed blog post, we will discuss the top 10 technological marvels that will shape the software development company in 2024.
1. The year of 5G technology
This year, we have witnessed a massive 5G rollout and this technology has a massive capability of covering almost 1 Million devices per square kilometer. By the end of 2025, 1.5 Billion (15% of the global devices) devices will be connected with 5g.
But moving from 4G to 5G is not just a technological upgrade, it is shifting to a whole new network architecture and it will reshape the way we communicate and use the digital space. The shift to 5G will also fuel many software development technologies like AI, augmented reality, and IoT.
Today’s solutions need to take advantage of the 5G technology and therefore if you hire software developers, they will have to prepare their apps for the lightning-fast 5G technology.
2. Cybersecurity remains on top
Right from the beginning, cybersecurity has always been on the priority list in every type of software development project. As long as software is the core of any business operation, data privacy issues and cybersecurity won’t lose their importance.
In 2024, there were 875,603,102 known breaches in the USA, and on a global scale, cyberattacks cost around $9.5 Trillion. This is a 19% increase from the previous year. Businesses must prioritize data privacy and cybersecurity throughout the entire software development cycle.
New technological trends like behavioral analytics, coding practices, advanced encryption methods, and biometrics can act as a panacea for cybersecurity but only if they are integrated with the software development project.
3. IoT is gaining traction
The world is now fully prepared for a thrilling future where technologies will be fueled by the adoption of IoT solutions and smart devices on a global scale. Till now, 17.08 Billion devices are connected by IoT and the current IoT market is worth a whopping $1.39 Billion.
From industrial-level monitoring systems to devices used in households, IoT has helped to dissipate the gap between the digital world and the physical realm, offering outstanding clarity into everyday activities.
In the software development world, IoT can be used by developers to better interact with physical sensors and devices. Hire software developers that can take advantage of IoT for improved data management, device connectivity, and real-time analytics.
4. Artificial Intelligence and Machine Learning
AI and ML are no longer a futuristic concept, they have become a part of our lifestyle and an integrated technology for businesses of every type and size.
Ground-breaking software development solutions fueled by the power of ML and AI with futuristic features like voice recognition, image processing, and capabilities of making predictions are now trending in every industry domain. Almost 32% of the companies on the planet are using AI in one form or another.
Software developers must integrate chatbots, virtual assistants, and intelligent analytic services with the help of AI and ML in their upcoming software development projects. Also, ML and AI algorithms can be used to analyze user behavior to take a competitive advantage in the market.
5. Blockchain is the next beast
Gone are those days when blockchain technology used to be confined to cryptocurrency only. In the last few years, technological experts have witnessed a surge in the adoption of blockchain across various industries. This is why, by the end of 2024, blockchain is expected to garner a revenue of almost $20 Billion.
The most enticing part that has fueled the adoption of blockchain lies in its decentralized and distributed nature that keeps both transparency and security on an even keel. Developers can take advantage of blockchain technology to build decentralized apps, data storage systems with bank-level security, and smart contracts.
Blockchain can also be used in accounting software, supply chain monitoring, software solutions dedicated to safe electronic voting, and intellectual property.
6. Codes dissipating from software development
Software development in 2024 is moving to a new and revolutionary stage where software solutions are being created with a new approach called low-code/no-code development (LCNC development).
The power of a graphical user interface now allows anyone in any corner of the world to build robust, secure, and function-reach software without traditional coding. This will bridge the gap between the idea for software development and the actual functionalities.
Because of the ease and speed of development, 75% of the businesses on the globe are expected to adopt a mix of traditional coding and LCNC development. Many on-hire software developers are still skeptical about LCNC development but this technological trend brings its own set of benefits like time-saving, low cost, and less manual labor.
7. Quantum Computing will revolutionize software development services
Quantum computing still is in its early stage of development but developers should keep an eye on this revolutionary technological innovation; It is expected to change the way we use computing power. Because of its exceptional capabilities, it is expected to become a $949 million market by the end of 2025.
Quantum computing can be used to solve challenging problems better and faster than traditional computers. This will open new possibilities for data analysis, software optimization, and cryptography.
Industry domains like energy, logistics, finance, and healthcare can unleash the true potential of quantum computing to address problems that are currently deemed insurmountable for traditional computers.
8. The dominance of Python will continue
With the rise of technological marvels like machine learning and artificial intelligence the demand for experienced and skilled python developers is also expected to rise in 2024.
With more than 7000 programming languages out there, a credible software development firm needs to pick the best one for their software development project. Python is still and will be one of the best toolboxes when it comes to programming languages for the future. The dynamic language capability of Python has made it an ideal choice for both businesses and developers.
Developers should keep an eye on Python for AI and ML, python for game development, python for IoT, and Python for robotization and automation.
9. React Native will thrive in 2024 & beyond
In the hybrid development market, react native has become a predominant and robust tool for developers. The unmatchable ability to react native to build the best quality, cross-platform apps with just a single codebase has set benchmarks in the software development realm.
When it comes to hybrid mobile app development, react native is what developers choose without a second thought. It has also helped businesses from different industry domains to make a global presence by widening their reach.
10. Platform engineering will become a pivotal force
The most sought-after technological trend that is going to be the best star of 2024 is platform engineering. This technological revolution is expected to skyrocket the speed of application delivery.
It is a practice of software development based on the DevOps principle. Since this technology is expected to enhance developer’s productivity and experience by offering self-servicing capabilities through automated infrastructure, it is expected to become a go-to choice for developers.
By the end of 2026, almost 80% of software development companies will be using platform engineering in one form or another. This is one of the technological trends in the software development realm that you shouldn’t miss.
The software development realm of 2024 and beyond is expected to unleash the true potential of cutting-edge technologies while keeping the ones that helped developers stay relevant in the industry. By going through the technological trends of 2024, we can see that
Software development is harnessing new technologies while being rooted in the principles of sustainability, security, and effectiveness.
In 2024, every type of software development firm must break the boundaries and integrate the latest technological marvels that are expected to shape the software development realm and take software development to a whole new level. With the help of these new technological innovations, developers can navigate new challenges and incorporate new features in their projects to stay ahead of the curve.
