In 2020, we can observe some of the most updated technologies for software development. and few are finally going mainstream. It is predicted that new trends such as machine learning, edge computing, and artificial intelligence can go mainstream and reach broader adoption. Besides this, there are trends such as – Internet of Things(IoT), artificial intelligence (AI) and blockchain, that will have an impact beyond our understanding. In 2020 will be an essential year for any custom software development company in Bangladesh, and software developers will play a valuable role in this year. Here in this article, we will be talking about the latest software development trends in 2020.
Trend #1 Artificial Intelligence (AI)
Artificial Intelligence (AI) is a multi-disciplinary branch of computer science and technology, which intends to make machines perform tasks that only human beings could do earlier. It‘s an unlimited field, and while parts of it have been commercialized, research & development continue on its other dimensions.
There are various AI applications: robots, chatbots, machine learning algorithms, image/text recognition software, data filtering, data analytics, sales forecasting, etc.
AI provides businesses with numerous benefits, allowing them to significantly streamline operations, reduce costs, boost productivity, improve customer service, increase performance, etc. Furthermore, AI has already been employed in art and content generation. Get today, AI can paint pictures and create the most beautiful images.
Trend #2 Internet of Things (IOT) IoT is one of the main technology trends in 2020. By connecting Bluetooth trackers, sensors, devices, machines, and more, they are making it easier for technology to track and monitor the world around us.
- Connected cars
- Remote equipment/inventory tracking
- Traffic/environmental monitoring
- Bedside telemetry
- Remote patient health management
- Connected oil field exploration
- Construction machinery management
- Digital signage
- Supply chain traceability
- Smart home automation
Trend #4 Blockchain Blockchain technology is a peer-to-peer (P2P) network, and it offers decentralization, a distributed ledger, security features, and transparency and a more significant effect on the future of software development. The most beneficial thing about blockchain is its decentralized nature. Blockchain can store any record in a public-facing database that is impossible to hack. Software developers are finding new and exciting ways to implement the latest developments in blockchain.
Blockchain has the potential to add value to many sectors. Examples of a few blockchain use cases are as follows:
Blockchain has the potential to add value to many sectors. Examples of a few blockchain use cases are as follows:
- Improving supply chain management
- Identity management, Better analytics
- Disruption through decentralization
- Securing the Internet of Things (IoT)
Trend #5 Cybersecurity
Cybersecurity is divided into two main categories, namely, internal and external. According to forecasts by Cybersecurity Ventures, by 2021 damage inflicted from cybercrime will cost the world $6 trillion annually, which exceeds the damage caused by natural disasters. In today’s area of cyberattacks and threats, the establishment of strong safeguards has become especially important. This encourages everyone—government entities, corporations, small/medium-sized businesses—to integrate security solutions.
The worldwide cybersecurity market will amount $248.26 billion by 2023 (Statista) and $300 billion by 2024 (Global Market Insights)—from $120B in 2017. Global spending on security digital products is anticipated to grow from $103.1 billion in 2019 to $133.8 billion by 2022 (IDC report). In order to prevent fraud, information leaks, malware, ransomware, phishing, and social engineering, different organizations across the globe are investing in cybersecurity.
Trend #6 Progressive Web Apps Progressive web apps are another new trend that you should know about it. A Progressive Web Apps is a mix both of a website and mobile application functionality acting as a native solution. PWA offers users an immersive full-screen experience, it can be installed directly from the site and live on the smartphone’s home screen. Therefore, you don’t have to open the app store. Enhanced performance, engaging UX (user experience), very faster loading time, less data usage are the key PWA advantages. Many world-famous companies and projects such as Forbes, Twitter, AliExpress, Pinterest, Lancôme, Flipkart, BookMyShow, and MakeMyTrip have already integrated Progressive Web Apps (PWA) solutions. Due to PWA integration, the company achieved outstanding results: 104% increase in conversions for new users, 82% increase in the conversion rate for iOS users, 2x more pages seen per one session, 74% increase in time per session.
Trend #7 Fifth Generation (5G)
Being the latest innovative wireless communication technology, 5G provides smartphone users with the best mobile broadband, improved experiences, as well as very faster download and upload speeds. By 2021, the number of 5G-enabled connections is anticipated to grow to 20-100 million (Statista). The global spending on 5G mobile infrastructure is projected to reach about $2.3B by 2021. 5G is intended to ensure enhanced data security. Furthermore, Virtual reality (VR) and Augmented reality (AR) development will also improve due to better connections, speed, and experiences, and more
Trend #8 Big Data
As Statista reports, the worldwide big data market is expected to reach $103 billion by 2027. Just imagine: internet users generate nearly 2.5 quintillion bytes of data every day (according to Data Never Sleeps 5.0)!. Increasing big data employment is one of the top-ranking technology trends of 2020. Allowing to capture, store, analyze, and visualize large amounts of raw and unstructured data, they transform it into valuable information. Data can be taken from almost everywhere: video/audio records, emails, smart devices, web/mobile apps, social media channels, reviews, polls, surveys, transcripts, call logs, corporate sources, online archives, etc. Big Data used in various types of industries, big data processing tools can provide advantages like predictive analytics, efficient risk management, deep insights into customer behavior, enhanced lead generation, improved advertising campaigns, customer experience management, and accurate credit scoring.
Trend #9 Cloud: AWS (Amazon Web Services)
Amazon Web Services (AWS) is the world’s most comprehensive and broadly adopted cloud platform 2020. The Big Cloud providers (AWS, Azure, GCP) hold a 56% market share whereas AWS alone holds 32.6% market share. Millions and Millions of customers in the whole world—including the fastest-growing startups, largest enterprises, and leading government agencies—are using AWS to lower costs, become more agile, and innovate faster. But other Cloud providers are also planning aggressively to close the gap with AWS. Microsoft has specifically targeted large enterprises. Nowadays Microsoft has pipped Amazon and got the 10 Billion USD deal from Pentagon for its cloud Project “JEDI”. Google is driving the Cloud Native Computation Foundation to standardize Cloud operations. Google’s long-term goal is to make Cloud migration easier so that companies can later move from AWS to GCP. IBM has recently bought RedHat with a whopping 36 billion to have a share in the Cloud market.
Trend #10 Python
Python is a language that fits all the latest development needs. Web development, mobile development, or enterprise projects — this language can handle it all. What sets Python apart from other universal languages is its ability to allow conducting complex mathematical operations, data analysis, machine learning, and neural network building. As you can see, the language is already ranking the third one after Java and C in terms of popularity. Its growth rate is astonishing: the demand of the language increased twice. Python isn’t difficult to learn, but it can be adapted to very complex projects with advanced levels of skill.
The technological world is firstly developing, changing the way we live and work. Mobile apps and web development apps, IoT platforms, AI-enabled programs, 5G, blockchain-based