Top Software Development Trends 2020
- Artificial Intelligence
- Immersive Technologies
- Progressive Web Applications
- 5G Network
- Wrapping up
Are you wondering “What are the latest technology trends in the IT industry or what are the current trends in software development?”. We have the answer right here. We compiled a list of latest technologies in computer science, specifically software development. These are the latest 2020 technology trends that are sure to bring a paradigm shift in the IT industry.
You can not restrict advancements in technology. It is unstoppable, it keeps growing.
There were times when it took 15 minutes to make a trunk call, let alone the trouble of talking to annoying operators, you probably even forgot why you made the call in the first place. In fact, some of you reading this might not even know what trunk calls were.
This is the speed at which the latest technology is growing. A lot of development is made in the software section as it is slowly becoming the backbone of this computer-world.
If you follow software development news and latest trends in technology, you might also be interested in the future of such new and upcoming technologies. This is why we decided to make a list of the top technology trends in software development.
Let’s see what the future holds for us in 2020!
Top Software Development Trends 2020
#1. Artificial Intelligence
Our list of new technologies begins with a very obvious name in the latest technology trends of software industry. Artificial intelligence seems overhyped to most but not to us. In fact, humans finally have the power and potential to make AI tools a reality.
This technology is evolving at a fast pace, almost exploding for the last five years. Machines can now think intelligently like humans and perform tasks that were initially restricted to humans.
AI has various subsets including machine learning, deep learning, and the neural network that have individually grown exponentially over just 5 years. In fact, according to GlobeNewswire, 61% of business professionals determined AI along with ML as their paramount data initiatives for the year 2019.
Most business software now integrate these techs to provide better to their customers. These tools have broad applications that have transformed industries. Yet, we are still in the early stages of Artificial Intelligence services in the enterprise.
One of the newest trends technologies in development of apps and websites is the chatbot. AI chatbots have replaced human assistance and customer service. They have reduced human involvement in almost everything and thus made it less prone to errors.
2020 will bring more chatbots, accurate customer behavior analysis and lesser human resource engagement. AI will make every task automatic with reliability and speed.
According to the market research firm Tractica, the global artificial intelligence software market is expected to experience revenues increasing from around 9.5 billion U.S. dollars in 2018 to an expected 118.6 billion by 2025.
These numbers tell us that AI isn’t just a ‘trend’ anymore, in fact, it is a dominant force in the technological world of today. AI has reached healthcare, finance, education, transportation with augmented analytics, automated testing, automated code generation, and automated solution development.
Even the demand and supply chain software is using AI to reduce costs by predicting stock levels and reordering deliveries.
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Talking about new trends in technology can not be possible without mentioning this new tech in computer science.
Blockchain became the talk of the town with the introduction of digital currencies like Bitcoin and Ethereum. Blockchain is intensively used in the finance sector, it is now also being applied in banking, finance, media and publishing, and healthcare software development.
Blockchain technology helps in secured and simplified recording of transactions in a decentralized ledger. This makes it strategically important for businesses in all industrial verticals.
This decentralized nature is its biggest strength- it can store any type of record in a public-facing database that is extremely secure from hackers. They can’t easily attack and corrupt this data. This has poised it to have a great effect on the future of latest software development trends.
A large number of companies are planning to try their hands on blockchain development services and therefore blockchain software developers are much in demand.
This technology is developing in a really fast space and is one of the latest developments in technology. Blockchain software developers are finding new and interesting ways to implement it.
Distributed apps or dApps are recent technological developments that are blockchain-based apps. These have emerged as a popular option for software developers to create decentralized secure open-source solutions.
It is predicted that blockchain which was initially heavily focussed on financial services will now change its direction of development. It will be utilized more in supply chain tracking.
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PWC estimated that over 90% of automobiles by 2020 will be IoT enabled. In fact, according to a former researcher of CISCO- David Evan’s calculations, every second over 127 new devices will be connected to the internet.
Statista reported that there were around 23.14 billion devices in 2018 and the number will reach 26.66 billion by 2019.
The Internet of Things is covering a broad range of devices that are connected to the internet. Whether these devices are in customer or industrial domains, IoT applications have spread to all of them.
This trend is emerging all around us- from smart air conditioners to Bluetooth trackers and home-assistants, internet-connected devices are no longer restricted to computers and smartphones.
With the technology of 5G beginning to roll out, more and more devices are taking advantage of wireless bandwidth and power efficiency. This will bring to life new and exciting possibilities for the future of IoT.
The internet-connected devices are always on and always communicating, so they need to be energy efficient. This makes the demand for IoT software developers with the ability to write code for small energy-efficient internet-connected devices quite prominent for the foreseeable future.
The Bain predicts that IoT devices will reach a market of $520 billion by 2021. It might be the right time to invest in IoT.
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#4. Immersive Technologies
This one is definitely the most interesting new and major technology trends 2020.
Immersive technologies include Virtual Reality, Augmented Reality, and Mixed Reality which is a combination of AR and VR.
These interesting new technologies in software development have a huge market. The market size of these latest technologies in market is growing at an accelerated velocity, you can see it in this graph.
It was assumed that the application of VR didn’t extend beyond gaming and entertainment. Fortunately, VR has totally defied these assumptions.
MR technology has found a great practical application and is efficiently utilized by Walmart and the US army.
Walmart used VR to train employees in customer compliance and service in 2019. Microsoft’s HoloLens’s MR tech is used by the US Army for military training purposes. While with VirtualShip, a simulation software used to train U.S. Navy, Army and Coast Guard ship captains.
AR is used in eCommerce apps in various ways to make the shopping experience more immersive and interactive. E-commerce stores with augmented reality enable the customers to have a virtual try-on before they buy anything.
AR and VR have potential in training, education, marketing, entertainment, and even rehabilitation after an injury. They can provide museum-goers with a deeper experience, enhance marketing, make amusement park rides even more thrilling.
It is estimated that 70% of enterprises will be experimenting with recent technologies for consumer and enterprise use by 2022. Many companies are hiring AR developers in large numbers.
Google, Samsung, and Oculus are the major players in the VR market but plenty of startups are emerging that will need professionals with VR and AR skills. To make it easier for developers, AR apps do not need hardware with the latest specifications. With the ARKit from iOS and ARCore from Android, these features are now much more accessible to developers.
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#5 Progressive Web Applications
In the past few years, android app developers have realized the cons of websites and mobile apps. This gave birth to PWAs that happen to have found the perfect middle ground.
They are extremely easy to develop and maintain and hence attracted many mobile app development companies. Moreover, these apps can be loaded very fast even with low internet speed.
Websites offer the convenience of being accessible from any browser while apps can fully embrace the hardware and software capabilities of their native platform. PWAs have combined the best of both worlds.
These apps integrate new web technologies into a solution that makes it easy to create powerful multi-platform web-based tools. They are different from regular apps and the integral part of every PWA is a browser script that runs in the background, separate from the web page, called the Service Worker.
Google and Microsoft have heavily invested in this technology. In fact, Aliexpress increased conversion rate by 104% and a 74% increase in time spent per session.
Instead of spending time and money on building mobiles, progressive web app seems to be a much better option. They are developed quicker and provide similar or more benefits.
PWAs show improvements in sessions per user, reading completion, and overall engagement. Paving way for more companies to jump on board, with next year as the perfect context to do so.
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#6. 5G Network
It is among the most popular technologies trending technologies in IT industry. Why is 5G considered to be the latest technologies in software industry? Well, is the newest technology today.
This one is one of the most anticipated and latest technological developments of this decade. It is one of the most practically useful among the latest software technologies list. It is present in selected cities and areas for now but it will be available to the general public in 2020. 20 Gbps high-speed wireless connectivity will be available in your pockets.
Without a doubt, 5G is sure to revolutionize the day-to-day devices, with smartphones at the top. It is not just high speed, 5G means lower latency and greater bandwidth availability are huge advantages of 5G network proliferation.
These latest software trends will reduce or remove certain limitations present in 4G. Not only will the developers be able to create more powerful apps, the video, and AR use will also become better. There will be a significant improvement in security, and in the precision of data for movement-based apps.
Advancement in IoT will be ceased if 5G won’t develop. Driverless cars, smart devices will depend on the high speed, processing power, and lower latency of 5G for optimal performance. IoT is also instrumental for the growth of VR-AR games, self-driving cars, drone delivery, and many other things
A hundred times faster network than 4G, 5G promises to offer speeds more than 1Gb/s (1000Mbit/s) compared to download speeds of 300Mbit/ of top-end 4G networks, known variously as 4G+, LTE-A or 4.5G.
You have just witnessed the latest software development trends. These are definitely not the only new trends in technologies. There are a lot more IT trends and hot technologies that we will update on the list.
If you have any ideas or suggestions of the latest technology in software development for the list, feel free to tell us. We are happy to learn and improve with your help. Our contact details are below.
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This page was last edited on March 5th, 2020, at 4:02.