The Future of Software Development: 8 Trends to Watch Out in 2023

The business scene in 2023 and beyond is characterized by heightened financial strain due to record-high inflation. Leaders are being tested as they confront the challenge of managing tighter budgets and generating higher returns on investment with fewer resources available.

The good news? Despite the economic slump, businesses engage in digital transformation efforts. In 2023, 70% of small and medium businesses are expected to raise their technology spending over the previous year. CIOs and CTOs are reacting to trends and investing in cutting-edge software technology that can help them streamline operations and remain competitive.

The software business is undergoing fast upheaval, with a predicted market value of over $1 billion by 2025. It shows the demand for developing software development technologies will be around for a while. So, if you want to stay current on the current trends in software development for 2023, this MarsDevs article is all you need!

Software Development - Things To Know!

As Cyrille Martraire puts it, “Software development is all about knowledge and decision-making based on that knowledge, which in turn creates additional knowledge.“

What else? Software development is creating, developing, and managing a product, generally a software program, using programming languages. Software developers must plan, design, construct, test, document, and ensure that the product's features and functionalities fulfill client requests and product specifications.

Trends in software development are always shifting as technology and customer demands evolve. Companies and enterprises wishing to employ cutting-edge technology must keep up with current developments.

Custom Software Development - Why the hype?

Custom software development provides firms several benefits that off-the-shelf alternatives cannot match. A key benefit is the ability to create applications tailored to a firm's needs, providing a competitive advantage in the market.

Furthermore, custom software can be built with scalability in mind, changing effortlessly as a business grows. It contrasts with off-the-shelf software, which may require costly replacements when requirements change.

Furthermore, the efficiency gains provided by specialized software cannot be emphasized. Applications tailored to a company's specific processes may automate manual chores, expedite operations, and significantly minimize mistakes.

In addition, the ability to include sophisticated security measures into bespoke software improves data protection considerably beyond the security offers of generic counterparts. Now that we have covered the basics let’s jump into the trends that are the tomorrow of software development.
8 Trends Shaping the Future

2023 is nearing a conclusion, and new technologies will certainly emerge while others will continue to rise. But what’s in the future? Let’s look.

1. AI-Assisted Programming

AI-assisted source code writing solutions have been available for some years. But, we have reached a tipping point due to the arrival of a new breed of AI-assisted coding tools like GitHub Copilot and Amazon CodeWhisperer last year.

In 2023 and beyond, expect to see more developers working with AI-generated code. Though we can't be sure that AI-assisted coding will mature to the point where these tools become a routine component of most developers' workflows by the end of 2023, it's clear that more coders will be experimenting with the tools and occasionally using them to generate relatively mundane code.

2. Crypto and Blockchain Development

As Bob Greifeld said, “Blockchain is the massive chance set we can think of in the next decade or so.”

While the cryptocurrency market has ups and downs, blockchain technology is rapidly gaining popularity. Blockchain will be one of the most sought-after technologies in 2023 and beyond, potentially altering industries such as healthcare, banking, and others.

3. Low-Code/No-code

The demand for software development is increasing, yet only some possess the necessary coding abilities. Platforms for low-code and no-code development have emerged. Individuals with little coding skills can use these tools to construct useful software applications.

You can anticipate a spike in the popularity of these platforms in 2023 and beyond, allowing for speedy application development and democratizing access to software innovation.

4. Augmented and Virtual Reality

Some individuals link augmented or virtual reality (AR and VR) with video games or entertainment. AR creates an interactive user experience by combining real-world and computer-generated material, whereas VR is a virtual, immersive simulation. However, contrary to popular belief, AR and VR may benefit enterprises.

AR and VR may be used to develop interactive staff training programs and real-world simulations for stakeholders. Consequently, businesses can improve customer service or tremendously grow production, sales, and e-commerce income.

5. Containers On The Rise

Remember how developers were pushed to restructure their application code so that it could operate as microservices inside containers? Those days are basically behind us. Most apps that are suitable candidates for refactoring have been refactored by now.

At the same time, developers are under pressure to transfer applications to platforms such as Kubernetes and make apps more environment-agnostic. To do so, they must execute apps within containers. The number of monolithic apps operating within containers will rise for these reasons.

6. DevSecOps Growing

As technology advances, so do cyber hazards. In the words of Linda Rawson, “The absence of security in the initial stages of System Engineering is the single most significant cybersecurity gap and risk in modern system development.”

As a result, businesses are engaging engineers to strengthen their corporate databases, servers, and networks to safeguard their data. DevSecOps, which stands for development, security, and operations, assists developers in incorporating more rigorous security procedures into their company's development process.

It is a software development method that improves communication and collaboration among activities. As a result, security becomes a shared responsibility across many IT departments. DevSecOps enables your firm to discover security problems more rapidly and efficiently.

7. The API Economy

The API economy refers to using APIs to integrate services and data, allowing enterprises to access new services and products without having to construct them themselves. The API economy is generating new ideas in software development, such as event-driven design, microservices, and omnichannel shopping, and is expected to climb up.

8. Software Developer Hiring Slows Down

For years, software professionals have enjoyed exceptional employment market power. Companies were clamoring for developers and were prepared to pay top dollar to hire and keep them.

There are few grounds to suppose the trend has reversed. Developers still appear to be in high demand. But that won’t matter much. The overall economic slowdown, combined with big layoffs and departures at major software businesses, is expected to result in a less bright employment market picture for developers.

Good developers will still be able to find decent jobs in the future, although they may have fewer options than they had in earlier years. And some "overworked" developers may be forced to work only one task at a time!
Wrapping Up:

As Christopher Baus said, “Software isn’t about models, languages, or even operating systems. It is about working applications.” But to do it correctly, you must be abreast of the trends and developments!

In a nutshell, the future of software development is exciting and full of potential. Trends to watch include AI development, low-code/no-code platform expansion, and blockchain technology.

Keeping up with these trends will allow you to seize the chances that lie ahead, whether you're a developer or an organization looking to make strategic decisions. Do you need any help with your software development projects? We have a dedicated team here at MarsDevs to help ensure your software project's success. Catch up a free 15-minute call with us!