The rise of e-commerce software
In 2020, the e-commerce market was at its peak due to the pandemic. Many companies switched to online shopping and delivery services, as this was the only way to shop safely during isolation.
However, the e-commerce space will continue to evolve after the Covid-19 era. Statista says the e-commerce market will grow to 22% in early 2023, up from 14.1% in 2019.
E-commerce applications have proven to be a significant improvement in the quality of service and a significant push to work with business processes during the pandemic. Companies will leverage the use of digital e-commerce magento development agency.
The software development world changes almost every two weeks. While this dynamism was a miracle for everyone in the early days of the Internet, over the years we have become accustomed to miracles.
Surprisingly, the sad part of these changes is that we meet all the new trends today in order to say goodbye to them tomorrow.
But there are things like SEO that are timeless and will continue to exist.
The software magento development agency, with its huge number of channels, is difficult to change when they have to always offer something different and meet the expectations of consumers. The software industry is a competitive environment, and if you are not ready to meet new requirements, you will not be able to stay in business for long.
More and more companies are thinking deeply about artificial intelligence and its use in manufacturing processes. The recent exposure of business to AI has led to huge changes in the field of working with Big Data, smartphones, as well as the magento development agency of virtual assistants with voice control.
Due to the need to implement, configure and operate these technologies on a daily basis, artificial intelligence professionals are needed.
AI and machine learning will transform business in different ways:
- Smart products or services based on the use of artificial intelligence are gradually improving the value proposition.
- The shopping experience is becoming increasingly dependent on smart software.
- Manual processes are gradually being automated.
Growing demand for blockchain developers
Bitcoin and Ethereum will be the talking points in 2019.
There has been a lot of buzz in the past, created by the cryptocurrency market with its sharp and unpredictable ups and downs. The underlying blockchain technology will remain the focus of software developers.
Virtual reality in software development
We are following the development of virtual reality technologies with amazement.
High-end VR headsets are emerging today, although a fortunate few have bought them. It is reported that sales of these high-value toys totaled less than one million units.
Of course, HTC Vive and Oculus Rift caused a lot of hype, but the popularity of this topic in the press is many times greater than the popularity of the products themselves in the market. At least for here.
This trend is set to hit the eCommerce and software development world in 2020. This innovative technology enhances wireless communication while providing smartphone users with faster upload.
Despite some pandemic economic instability, software outsourcing companies are expected to quickly regain their stability. Gartner says the IT services market fell 4.6% in 2020 but will grow to 4.1% in 2021. Business Wire also predicts that the IT outsourcing market will grow from $ 342.9 billion in 2020 to $ 410.2 billion by 2027.
Because of the difficulty of finding talented IT professionals in the local market, companies are turning to custom software companies for highly skilled professionals outside of their field (whether coastal or offshore).