Software Development Trends in 2022
Software development trends have always been changing rapidly, but the current pandemic has accelerated the process. What seems to be an acceptable practice in software development today may no longer be so in the near future.
The rapid digitization that began in 2020 will continue in 2022. We are seeing more investment in automation of repetitive processes, providing multichannel customer experience; stronger focus on privacy, and greater adoption of new technologies across all sectors.
When building a digital solution, business owners must be well-informed on where the software industry is heading and strategize accordingly. Here are the key software development trends in 2022 that business owners need to keep their eye on as they plan for a new product.
Rapid Growth of the IT Sector
Although the IT industry was affected by the COVID-19 pandemic, which resulted in project delays and investment reductions, it managed to maintain its strong position compared to other industries.
Every firm is gradually becoming a software business. As the digital transformation accelerates, software will dramatically transform what companies do, how they do it, and what services they deliver to their clients. As a result, software development is becoming a game-changer for many organizations, if not a strategic imperative.
According to data from the consulting company Bain & Company, technology has driven worldwide economic growth. “Born tech” firms, which include technology as a core component of their identity, have seen the most growth. Since 2015, these companies have generated 52% of overall market value growth. Companies with a tech-led approach that augments more traditional methods accounted for another 20% of market value growth.
Opportunities for Low-Code Development
Another rising trend in software development is low-code development. Low-code platforms are becoming increasingly popular as the demand for building apps quickly and easily is growing. Essentially, anyone with a basic knowledge of programming can now try to create their own apps.
Low-code solutions are popular because they allow developers to speed up the development process. What is more, low-code development has become a popular option because the demand for software developers exceeds the available supply. However, low-code development is not a reliable long-term solution because the software built this way isn’t robust enough to handle your business’s changing requirements.
Nevertheless, with the world still battling with the pandemic and a strong need for software developers, you can expect low-code development to play a significant role in 2022.
Outsourcing Demand Will Continue to Grow
By 2022, the worldwide software industry is expected to reach $536.24 billion, with the offshore software development services market growing at a CAGR of 11.72%.
Many businesses are discovering that they lack the resources necessary to keep up with the industry’s ever-changing needs. Due to the difficulties to find talented IT specialists in the local market, businesses turn to custom software development companies for highly skilled specialists outside their area (either nearshore or offshore).
Outsourced teams can do a variety of tasks, including coding, testing, and product management and are competent in a variety of programming languages. Delegating software development to professionals from IT companies is on the rise and will become even more popular in 2022.
The growing demand for IT outsourcing can be explained by the companies’ need for fast and cost-effective adoption of innovations.
Besides fulfilling those needs, outsourcing helps companies to gain access to the most skilled specialists while remaining focused on their core competencies.
Since management tools are constantly improving, it is becoming easier to establish an efficient workflow and productive relationships between in-house and outsourced employees.
New Era of Cloud Computing
Migrating to the cloud isn’t a new software trend – it’s been around for a while. Regardless of the size and purpose, more and more organizations are switching to cloud computing, and this trend isn’t going away anytime soon.
According to Statista, the global public cloud computing market is estimated to exceed $482 billion next year.
Cloud migration has a wide range of applications. Machine learning and artificial intelligence, data analytics, web and mobile app migration, and other uses are all covered.
Most businesses choose to place their applications and systems in the cloud due to their easier maintenance and storage. It has also become a great facilitator for remote work. Companies managed to create working environments with the help of cloud services and tools and establish effective team collaboration.
SaaS, IaaS, and PaaS solutions are becoming more in demand as they are easier to adopt and roll out as well as they help cut down the expenses, which is particularly important in post-crisis times.
The Rise of E-Commerce Software
While most of the businesses were facing difficult economic times in 2021, the e-commerce market was at its height due to the COVID-19 pandemic. Many companies shifted to online retail and delivery services as it was the only possibility of safe shopping during the lockdown.
Nevertheless, the e-commerce sphere will continue developing after the pandemic. Statista states that businesses will keep with the trend and by 2023 the e-commerce market is expected to grow up to 22%, in comparison with 14.1% in 2019.
E-commerce applications have proved to be a great enhancement to customer experience and a significant push to the automation of business processes during the pandemic. Companies will continue to implement e-commerce digital solutions, making them more appealing to customers.
Continued Growth in Artificial Intelligence and Machine Learning
These disruptive technologies have the potential to change every industry by supporting organizations in accomplishing their business goals, making critical decisions, and generating innovative products and services.