Top Software Development Trends for 2024 [Infographic]

We are entering a new era that will look very different from the tools and practices we’ve relied on over the past decade.

This era is defined by cutting-edge artificial intelligence, automation systems that can rival human capabilities, and advanced cloud infrastructures tailored to specific industries (known as industry cloud platforms). Additionally, the role of a “developer” may evolve as low-code and no-code platforms continue to democratize app development, giving rise to a new class of ‘citizen developers.’

But here comes the danger in these new methods and tools. Code review, troubleshooting, or even bug fixing are domains where tools can’t replace human review and putting hands on. Several tools fail in this area since the results can’t be defined for real use cases.

Artificial Intelligence (AI) and Machine Learning (ML) have moved beyond futuristic concepts; they are now core elements of modern software product engineering. These technologies can greatly enhance software capabilities, enabling everything from predictive analytics to automated decision-making. By integrating AI and ML, companies can boost efficiency, improve accuracy, and elevate the overall user experience.

In this rapidly changing landscape, staying informed and agile is no longer just a competitive advantage—it’s essential. These trends will shape the future of business and technology decisions for years to come. High-quality software solutions enhance efficiency and unlock new revenue opportunities. With the global software market projected to reach US$698.80 billion in 2024, the stakes have never been higher.

As reported by Allied Market Research, the global product engineering services market was valued at $1,085.8 billion in 2021 and is expected to grow to $1,610.6 billion by 2031, representing a compound annual growth rate (CAGR) of 4.1% from 2022 to 2031.

Our blog takes a deep dive with the infographic provided by Simform and Author Rohit Akiwatkar into the key trends driving software development in 2024, offering insights backed by data and analysis. Our goal is to highlight both the opportunities and challenges ahead in this fast-evolving field.