Software Development Trends to Look Out for in 2024

The software development industry is valued at around $260 billion and is expected to grow beyond $700 billion by 2026. But which software development trends will rule 2024? Let’s take a look at the five key trends that are set to dominate this year. Keep reading till the end as we answer a much-debated question: will remote work continue for software developers in 2024?

1. Table of Contents

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   The rise of Web 3.0

   As opposed to Web 2.0, Web 3.0 aims to adopt technologies such as machine learning, AI, blockchain, etc. to enhance the user experience. It is also aimed to give more control to the user over their data usage and visibility. Some major benefits of Web 3.0 are
   • The platforms on Web 3 will not be centralized. This means that the data won’t be in the control of a single authority or database. Web 3 will rely on a global network to ensure that no one person or authority can disrupt it. This feature will prevent the hacking of data. 
   • Web 3 will allow users to get paid for the data they share with various platforms. This feature will incentivize users to share their data while helping businesses to be more transparent about their data policies. 
   • Web 3 will be highly beneficial for the insurance sector. Currently, the insurance sector struggles with major issues: incomplete information about the customers, claim settlements, false claims, etc. Web 3.0 is transparent and decentralized, which can help in curbing false claims. Since Web 3 will allow peer-to-peer sharing of data, the chances of data getting hampered by middlemen or some authorities will be reduced to a great extent.
   • The data on social media platforms will be more secure and safe as users will have enhanced control over the data they share on these platforms.
     

2. Blockchain will gain momentum

   While the crypto market has seen its ups and downs, blockchain tech is steadily growing popular. With a high potential of transforming industries such as healthcare, finance, etc., blockchain will be one of the most sought-after technologies in 2024.
   
   Let’s take a look at some of the major advantages offered by blockchain:
   • The data once stored on the blockchain cannot be altered, replaced, or deleted. This feature is known as immutability. And thus, using blockchain technology can help prevent data tampering within the network. 
   • Blockchain technology offers transparency. A member of the blockchain can access any record on it due to decentralization.
   • No single authority is in control of blockchain technology. Thus, it is free of censorship and no authority can exercise its powers with this technology.
   • It is easy to trace any changes in the network as blockchain creates an irreversible audit trail. 
   • Data is encrypted, end to end. Thus, your data is secure on the blockchain network. 
   • The process of transactions on the blockchain is highly efficient and free of human error.
     

3. Kubernetes adoption will skyrocket

   Google developed Kubernetes in 2014 and later donated to the Cloud Native Computing Foundation. According to a survey by Statista, over 60 percent of organizations have adopted Kubernetes in 2022. This number is going to increase in 2024. Kubernetes, also known as K8s, is an open-source technology used to manage container technology for cloud computing. It has a vast community of professional coders worldwide that support Kubernetes.
   
   Related post: 7 Reasons Kubernetes Is Important for DevOps
   
   Here are the major benefits of adopting Kubernetes:
   • Kubernetes increases the efficiency of DevOps. With container integration and access to different cloud services, Kubernetes makes the process of development, testing, and deployment easier. 
   • Kubernetes offers increased portability due to the small container size. What’s more, there is very less chance of vendor lock-in. 
   • Using Kubernetes, developers can schedule and automate the deployment of containers across multiple computer nodes. As the demand rises, Kubernetes can automatically scale the deployment.
   • Kubernetes is an open-source tool with a large community to support its innovation and development. 
   • Due to automation, Kubernetes offers the best use of the resources and overall savings on ecosystem management.
     

4. DevSecOps will grow exponentially

   DevSecOps is the term used to describe the collaboration of development, security, and operations. Since security is a major concern and area of focus for businesses around the globe in the coming time, DevSecOps is all set to grow tremendously. Do you know? DevSecOps market evaluation was $2.59 billion in 2021. This value is expected to reach $23.16 billion in 2029, with a CAGR of 31.50 percent. DevSecOps is supposed to introduce security measures at an early stage of the software development life cycle (SLDC).
   
   Some of the major benefits of DevSecOps are:
   
   
   • Developers have great control over monitoring security threats at the very beginning of a life cycle.
     
   • Since the security gets deployed in the early stages, the delivery time of the life cycle decreases. Thus, the software development process becomes more efficient.
     
   • In case of a security breach, the recovery time is reduced with the help of DevSecOps. 
     
   • DevSecOps supports transparency of the whole software development process, right from the beginning. 

5. Artificial intelligence will become prevalent

   

   Revenue for the global AI software market

   AI is becoming more and more affordable and accessible. The AI software market is projected to garner a revenue of over $100 billion by the year 2025. AI can complete complex tasks which humans cannot handle. This is why AI adoption is increasing on a much larger scale, with organizations across the globe adopting it. Let’s take a look at the major benefits of AI:
   
   
   • AI reduces human error to a great extent. As AI analyzes previous information and uses algorithms to take decisions, there is very little scope for human error. 
   • As opposed to humans, AI is available round the clock. It can perform multiple tasks simultaneously, without taking a break. 
   • The decisions made by AI are unbiased. Unlike humans, AI can’t get affected by emotions, situations, etc while making a decision.

Also, read AI vs ML vs Deep Learning

So, these are the major trends in the software development industry that we’ll be witnessing this year. But wait, we are still to answer the question: is remote work going to continue in 2024?

The answer is yes! Remote work is here to stay!

While the whole world is going through a tech talent crunch, companies are now expanding their horizons for hiring new tech talent. Companies are readily adopting remote work as it allows them to hire from a global talent pool. This switch to remote is also helping companies lower their hiring expenditure. 

That being said, top US companies are hiring remote software developers. Are you a talented software developer looking for a high-paying remote US job? Try Turing. Turing jobs offer fantastic compensation and long-term career growth. Head to Turing’s Apply for Jobs page to know more.