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29 December 2023

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Custom Software Development Trends That Will Rule in 2024

What will the landscape of software development look like in 2024? More businesses will use artificial intelligence (AI) and machine learning (ML) to produce more innovative and efficient software. Companies will use blockchain technology in their operations. In terms of user experience, we can anticipate the advancement of virtual and augmented reality technology. And that’s not all. Keep reading to discover what other trends in software development will rule the tech market in the upcoming year.

Software Development Trends That Will Prevail in 2024

Custom software development trends that will prevail in 2024 represent a mix of something that’s already known and something new. Well, there’s nothing to be surprised about: the technological sector is evolving rapidly and companies are chasing them fervently to make sure they do not lose the competition. Having user-friendly and easy-to-navigate software nearly guarantees that your clients will remain loyal to you. So, are the tools, methodologies, and technologies you might want to pay attention to in 2024? Let’s dive right into it.

Agile methodologies

Agile development methodologies, which focus on rapid iteration and frequent delivery of small increments of working software, have become increasingly popular in recent years and are likely to continue to be widely used. By the way, Agile development is used at least occasionally by 94% of software companies.

Cloud computing

The use of cloud computing services, such as Amazon Web Services, Microsoft Azure, and Google Cloud Platform, has grown significantly these days. But it is expected to continue to grow in the future. This trend has made it easier for businesses to scale their software applications and infrastructure and has led to the rise of serverless computing and microservices architectures.

Artificial intelligence and machine learning

Artificial intelligence (AI) and machine learning (ML) in software development are expected to be widely adopted by global businesses in the upcoming years. These technologies can be used to automate tasks, improve decision-making, and enhance the user experience.

Internet of Things (IoT)

The Internet of Things (IoT) refers to the interconnected network of physical devices, vehicles, buildings, and other objects equipped with various software, allowing them to collect and manage data. The development of custom software applications for the IoT is expected to be a growing area in the coming years.

Mobile development

The demand for mobile applications is expected to continue to grow. As a result, mobile development is likely to be an important area for custom software development in the upcoming years. A mobile application is a crucial component of modern business and process management. Modern applications significantly impact the quality of life and can solve a wide range of problems. Plus, when compared to the website, the mobile application features greater functionality, an adaptive design and is easier to use.

Low-code and no-code platforms

Low-code and no-code platforms, which allow users to build software applications without writing code, are expected to grow in popularity. Businesses can use these platforms to quickly and easily develop custom software applications without requiring specialized programming skills.

Read also: A Fresh Take on Agile Nearshore Software Development

Progressive Web Apps (PWA)

To remain relevant in your niche, you must develop and update your website following current internet trends. More is needed, for example, to offer high-quality products to become a top consulting site or a recommended online store. A versatile web design is required, at the very least. However, by 2024, web pages are planned to function similarly to apps. PWA (Progressive Web Apps), a new standard, can assist businesses in attracting new clients while also retaining existing ones. Data shows that when compared to its previous mobile site, a site employing PWA can enhance speed performance by 63% on average.

AI v.2.0

Experts predict that the artificial intelligence market will more than double by 2028, from almost $36 billion in 2020 to an estimated $360.3 billion in 2028.

The most visible example is “text intelligence” in the shape of GPT3 from Elon Musk’s OpenAI initiative. This is a fascinating technology that is already altering the world. As a result, it’s not surprising that with each new generation and increasing complexity of models, they get closer to what’s expected of them:

  • сontent production and automatic processing (from images and videos to articles and software code);
  • recognition, analytics, and reasonably accurate prediction of outcomes.

In general, it is expected that the “ceiling” that now limits the capabilities of the present generation of artificial intelligence will be broken shortly. This will set off a chain reaction of significant advancements in domains ranging from medicine and biology (decoding the genetic code using multi-layered mathematical models) to automatic programming systems.

This AI advancement, in particular, will hasten the adoption of hyper-automation.

Decision Intelligence

Companies are already utilizing artificial intelligence to process large amounts of data. It enables them to swiftly spot problems in logistics, equipment operation, and various business processes and make judgments. Decision Intelligence technology is designed specifically for that: it analyzes a significant quantity of heterogeneous data and produces predictions based on it, allowing senior executives to manage the organization better, assess, and improve their management decisions.

Manufacturers, for example, can measure competitive advantage in their priority products by analyzing competitor strategies and evaluating previous judgments using Decision Intelligence. According to Gartner, working with data will be the most critical source of business insights by 2025, with 75% of them generated automatically based on defined parameters. This indicator is now at 33%.

Wrapping Up

The tech world is rapidly developing, so a modern business can’t ignore the latest trends. Otherwise, they risk losing competitive advantage and failing to satisfy their customers. People now demand a smooth and uninterrupted customer experience, and if you can’t provide that, they’ll look elsewhere. But mind that blindly following software development trends is inefficient. You also have to develop a sound strategy that’ll work as a roadmap for your business development. If you still have any questions, contact us, and our experts will help you find developers for your unique business needs.

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