Revealing The Top Software Development Trends To Embrace In 2021!

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The year 2020 made us see things that we never imagined in our wildest dream. Covid-19 pandemic not only proved fatal to human beings but also affected businesses, whether it is large IT companies or small business enterprises. 

The pandemic has forced many organizations to embrace digital transformation.

According to studies,  the global IT spending on outsourcing increased to 13.6% of the average in 2020.

Thankfully, with many restrictions like lockdowns, self-isolation, and social distancing, we have survived the year 2020 and walked in 2021 with a mind full of hope and optimism.

Software development services are in demand like never before in 2021, as organizations are looking forward to getting over the crisis by improving their overall function and client experiences.

As per statistics, the global IT outsourcing market is expected to rise by $98 billion from 2020 to 2024, growing at a CAGR of 5%.

In this article, we'll discuss the 7 software development trends that will influence the business world in 2021.

So, If you want to explore what 2021 has brought for the software development industry,then this blog has the information you need..

Here Are The Top 7 Software Development Trends That Will Shape the Industry In 2021!

1. An Increased Demand For Blockchain Services

According to some research, By the end of 2024, the blockchain market is expected to grow to $20 billion in annual revenues. 

Blockchain is also one of the powerful technologies that have developed in recent times. Blockchain is a data structure that keeps all the transactional records of the company-- Taking into priority Security, Transparency, and Decentralization. 

Blockchain-as-a-Service is when a business hires a third party that develops and maintains a blockchain network for them. It also allows enterprises to use cloud-based solutions that help them develop and host their own blockchain app.

2. A Prolonged Need For Cybersecurity

 

According to a UN report, about 350% increase in phishing websites was reported in the first quarter of the year 2020, and Cyber scams registered every 40 seconds during the covid 19 outbreak.

It's not hidden that cybercrime is increasing at a vast pace; whether it's large business entities or small business entities, all are investing money to keep their data secured. Data is the most valuable resource, and hence the company needs to protect it at all costs.

According to some studies, more and more companies will outsource cybersecurity services in the upcoming years to eliminate any data security because of increased data breaches.

3 More Focus on Cloud-Based Services

According to Gartner, when global IT spending went down in 2020, cloud spending rose by around 6.3%.

The demand for the cloud has risen as the number of companies had to switch to remote working due to Covid-19 pandemic. 

So to ensure that the company's function is not affected because of remote working, they had to emphasize cloud services to improve productivity, achieve proper infrastructure and create a work environment for their employees who are working from home.

The remote working trend is nowhere close to end this soon, so more and more companies are likely to move their operations to the cloud in 2021.  

4. Outsourcing

A study From Clutch indicates that more than one-third of small businesses used outsourcing services in 2019, and 52 percent will outsource business processes in 2021.

Covid 19 has opened doors to many outsourcing services for businesses in 2020. One of them is software development outsourcing. 

The demand for software development outsourcing is on the rise as companies find it challenging to recruit skilled IT professionals for software development projects, and outsourcing is the only option to reduce overall cost and accelerate business operations. 

Some studies even predicted that the global IT outsourcing market would reach around $397.6 billion by 2025.

5. Further Evolution Of AI And IoT.

AI and IoT are potent technologies in the IT sector. The combination of AI and IoT is called artificial intelligence of things(AIoT). 

After the year 2020, we can say that business GDPR(General Data Protection Regulation) depends on the development of artificial intelligence. Covid 19 outbreak made people shop online rather than going to shops and malls. 

With AOI and IoT capabilities, customers will get a more enhanced personalized experience.

AI-powered ecommerce chatbots have already proved essential when it comes to assisting online customers.

According to some studies, more people will be ordering products or services online in the future, hence creating a need to develop AIot further.

6. Low Code Development

The global low code development platform market size is expected to reach USD 83.5 billion by 2028, with a CAGR of over 36%.

The demand for applications is on the rise, but Building an app has never been easy. It requires a team of experienced professionals with many skills, posing different challenges for companies in finding trained experts.

Low code platforms enable everyone to develop software without universal coding or technical skills and cut down software development costs, letting businesses quickly accomplish their software projects.

7. Rise In The Popularity Of Progressive Web Apps

Studies say mobile sessions on PWAs are grown by approximately 80% on average, and brands using PWAs have their pageviews rise by nearly 134%.

Progressive web apps (PWAs) provide users the benefits of websites and mobile apps. These apps use web browser APIs and features along with an advanced enhancement strategy to develop a native app-like user experience to cross-platform web applications.

PWAs are faster and easier to download than traditional apps, offering a user experience similar to that of native apps. 

Brands such as Starbucks have already been using this technology in their businesses which is fast and performant.

Afterwords

In this vast growing technological world, it becomes crucial for all companies to invest time in digitalization. Software development will continue to remain an essential aspect of business entities. 

The above-listed software development trends will likely influence business organizations in the coming years, making it necessary for all business owners to have a good chunk of knowledge about them.

But having a piece of knowledge about the latest trends in software development won't be enough to survive in the market. One should have to think creatively about using these technologies to accelerate business operations and enhance user experience.

I hope this blog is helpful; if you want to add any additional information that is not mentioned here, please write in the comment section.