Key Microservices Trends for 2023

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Key Microservices Trends for 2023
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Introduction
Microservices architecture, or simply
microservices, is a method to broaden software
frameworks or a single software as a collection
of numerous small services. Developing
single-function modules with well-defined APIs is
the main target of microservices. Small,
self-contained groups own these
offerings. Microservices essentially makes web
applications or any applications for that matter
easier to develop and simpler to scale. This type
of microservices application development enables
innovation quicker and more reliable delivery of
complex applications. Microservices has become a
new trend and is increasingly popular as
enterprises look to become more agile and evolve
from a monolithic architecture where all
processes are tightly knit and run as a single
service.
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Top Trends of 2023

• High Microservice Market Growth
• Cloud Adoption
• Observability Tools
• Frameworks for Web Services
• Increased Demand to Update Applications

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High Microservice Market Growth
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High microservice market growth

• According to a report by Allied Market Research,
  the global microservices architecture market size
  estimates to reach 8073 million by 2026,
  registering a CAGR of 18.6 from 2019 to 2026.
• With the increase in use of connected devices
  like smartwatches, tablets, fitness trackers,
  SaaS, and PaaS-based enterprises have rapidly
  adopted cloud-based solutions. These are the key
  components driving microservices consulting a
  high market growth rate.
• Enterprises are rapidly moving towards
  microservices architecture catering to end users
  in several industries. These may include retail,
  healthcare, IT and ITeS and telecommunications to
  provide solutions at their fingertips.

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Cloud Adoption
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Cloud Adoption

• Growing popularity of cloud-based applications is
  offering more opportunities for customer-oriented
  businesses. Even as the pandemic accelerated
  cloud adoption, we are no strangers to the
  increasing dependence on cloud solutions in
  modern workplaces.
• Organizations are going ahead and transitioning
  to the multi-cloud strategy using the
  microservices architecture. While taking care of
  specific organizational needs, this approach also
  proves cost-effective. It also helps avoid
  dependence on a single source of software
  development as microservices are essentially
  smaller components pieced together to make an
  extensive software program.
• A report by Gartner predicts that by 2025, 90 of
  businesses will adopt a multi-cloud approach to
  run their businesses more efficiently and with
  reduced costs. Enterprise mobility will be
  another advantage for most enterprises as cloud
  adoption via microservices architecture will
  provide the necessary connectivity, agility, and
  scalability.

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Observability Tools
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Observability Tools

• After setting up a microservices architecture for
  an enterprise, the next step is to identify tools
  that help check its health. There might be
  several operational challenges in the said system
  that must be resolved to give the end-user a
  seamless experience. A robust observability
  framework is vital for smooth running of your
  system.

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Frameworks for Web Services
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Frameworks for Web Services

• It is crucial to choose an appropriate framework
  to develop microservices architecture for an
  enterprise. While selecting, developers will
  highlight the aspects that should be considered
  as a trend the coming year.
• As a developer, you must keep in mind the
  criteria for selecting a suitable framework.
  Identifying the applications requirements,
  planning and organizing its segments into smaller
  functions is the first step in the direction. A
  framework should be selected without changing its
  core features, considering that the application
  needs to be subdivided into individual components.

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Increased Demand to Update Applications
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Increased Demand to Update Applications

• While the need to constantly update applications
  to meet increased user demands is not something
  we are unaware of, this may be a significant
  challenge for organizations. This happens if they
  are not prepared for round-the-clock work on
  updating the applications for rich and dynamic
  experiences.
• Regular updates help businesses get more
  mindshare, build a loyal user base, fix tiny
  bugs, improve designs, and provide better
  features. It also overall enhances the users
  experience.

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Microservices is here to stay!

• For better or for worse, microservices have
  become the default choice for many, if not all
  businesses. In the case of enterprises with
  independent teams, microservices architecture can
  work well in the larger sense. However, the
  downside is that it is not without its
  complications that a distributed system brings.
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