This article is about Software Development
Software Development Trends in 2021
By NIIT Editorial
Published on 16/03/2021
We are at the upturn of the first quarter of 2021. Honest assessments of the last year suggest a few signs being more prevalent than others in the software development world. Some of them we discuss in this article as more software development trends unfold in 2021.
The pandemic is layering different regions in variable intensities still forcing sporadic, partial lockdowns. IT solution providers, the ones who were living under a rock got a stinging taste of reality to migrate services onto the cloud, adopt DevOps as a mainstay and offer contactless services to customers. Digital transformation will accelerate further chiefly by software developers and IT specialists.
The industry cringed and crunched on the thought of regression, yet the downsizing seen in the IT industry was one marked with relative ease in comparison to other domains. As per IDC, in 2020, the IT industry earned a total of $4.8 trillion, less than the pre-pandemic projection of $5.2 trillion. A rebound is expected to happen in 2021, wherein a 4.2% growth rate is expected to push total revenues up to the $5 trillion threshold. The enterprise development software will collectively grow by 7.2% and be responsible for much of the progress.
IT stakeholders have in the last year pushed for an increase rate of cloud services. As social distancing norms remain and remote work skyrockets, global cloud revenues have risen to levels worth $258 billion. This was $15 billion higher than the previous year. The software as a service (SaaS) segment is expected to generate about $120 billion in revenue claiming the majority of the public cloud market. Domains such as IaaS and PaaS will increase their share in the global cloud landscape with each sector expected to generate $64 billion and $55 billion respectively.
Low Code Development
Low code development is taking over software development practices. They are based on platforms that allow people to create software without the need to code. This is made possible through a graphical user interface, and welcomes non-IT professionals to implement their ideas without any experience in coding. In doing so, professional developers can be allocated tasks higher in the order of priority whereas simpler software designs can be engineered by their subordinates.
Thanks to the pandemic, retail brands that were habitually against the notion of E-commerce have been left no alternative. As per Statista, online sales contributed 14% to the global retail sales. The growth of Ecommerce will most likely result in a direct expansion of IT services employed by such vendors. As the e-commerce industry grows at a CAGR of 16.3% through 2020 to 2027, it will not only coincide but also contribute to software development trends in 2021.
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