Software Development Trends 2020

                  Change is the Rule of Nature! - Said Lord Krishna in Mahabharata.

And just like that software industry is evolving today. Every year there is something new trend in the market. Businesses must adapt these trends/changes in tech if they want to stay in the competition. 

Software development is one of the fastest-growing industries today. Predicting the future is difficult, and predicting the future of software development is sincerely challenging.

Chasing trends isn't always a bad thing!

The era of Fast Digital Transformation is affecting all the aspects of life comprising manufacturing, entertainment, healthcare, and businesses.

Artificial Intelligence has already entered in our day to day life. We don't even notice but Gmail, Google predictive search, personalized product recommendations are the best example of AI.

In this article, we have covered the top trends in software development. Let's dive into it.

1) Artificial Intelligence

A global Artificial Intelligence market expected to reach up to $190.61B by 2025 from $24.8B in 2018. In 2020 it is projected to grow by $30B. The reason behind such quick growth in AI market cap is big data, the demand for workflow automation, increased cloud usage, and widely adopted personal assistants like Siri, Alexa, Google Assistant. 

This trend is not about integrating Artificial Intelligence in existing software but about building AI-first software.

With the help of Deep Learning, Speech Recogniser AI software can assist businesses in many ways like in critical decision making, quality control and so risk prevention also provides an improved level of services (such as a virtual assistant can recognize faces identify emotions and thus reinforced in sales and marketing efforts.

2) Internet of Things

In a nutshell - IoT means connecting various devices together and to the internet. The Internet of Things is massive networks of connected things and people for collecting and sharing data. Connecting sensors, devices, machines, vehicles have a great impact on the world. 

There are several IoT use cases such,

• Fleet management
• Supply chain
• Drone for reinforcement
• Connected vehicles
• Asset tracking
• Smart metering
• Sensors making drive safer
• Connected vehicles
• Smartwatches
• Smart security for business and home
• etc. 

Statista forecasts the global IoT market can grow to around 1.6 trillion by 2025. IoT can help businesses in terms of gathering information, easily device monitor, time-saving in parallel with this it prevents equipment breakdown, accelerates different processes, it also helps inventory management without losses, reduce operating cost. 

3) Blockchain

Did you know what blockchain was before Bitcoin? 99% of people were unaware of blockchain before Bitcoin and now it's widely adopted in different areas. Blockchain represents a decentralized data record. It transfers money and Information without any intermediary and keeps records transparent & unchangeable. 

 Instead of using a centralized server to store data, data is encrypted and chained with data entries chronologically and cast throughout all computer systems in the network.

Although the use of Blockchain was confined to the banking and finance system. But the way innovatively blockchain works, it is widely adopted by almost every sector. Healthcare, distribution, manufacturing, logistics, insurance, agriculture, real estate, automotive, crowdfunding, public sector, etc. are such industries where blockchain can help a lot. Blockchain has the biggest advantage of data safety and it also provides ultimate transparency.

4) Low-code development

A low-code development - a word itself express that software or web application designed with very less coding. It approaches a building application through visual interface, drag and drop prebuilt components. In low-code development, code is created automatically and it can be modified if required.

In the era of fast digital transformation, low-code development provides certain benefits like it makes bug fixing and maintenance easy, write code once and use it anywhere this results in faster time to market with code reusability.

5) Progressive Web Apps

Progressive Web Apps are web apps that act as a mobile app without downloading. PWA offers immersive full-screen experience, and it is not needed to download from play store, it can be installed directly from your website.

The PWA is becoming more popular because of 

• Less development cost and time
• Enhanced Performance
• Mobile app feel and look
• Fast installation
• Fast loading time
• Consume less data

Businesses that are using PWA are seeing increased web traffic due to fast loading and thus average session rate increases with an increase in engagement rate which results in a higher conversion rate.

PWA is the best alternative to Mobile app development but it has certain limitations compared to Mobile application.

Conclusion:

The technology is rapidly growing, developing and changing the way of living. Artificial Intelligence, Blockchain, IoT, Low code development, PWA are being adopted by many businesses and solving problems. Those businesses who can't build an in-house team for building software are outsourcing software development companies with one-stop solutions for all their need and it is need of time.