The biggest advantage of using Neumorphic designs is that they are simple and relatable. They seem very lifelike, and still do not cross the limits of belonging to the virtual world.
Their simplistic designs help many designers to create aesthetically pleasing and cohesive experiences. And it also hastens the process of conceptualization, building, testing, and iterating new screens. Their soft visual appeal makes them more enticing and interactive.
The downside, however, is that the use of monochrome colors might pose usability as well as accessibility issue to those with visual impairments like color blindness.
That apart, Neumorphic designs don’t look good on screens with low resolutions. So, until a user has a good smartphone or an expensive monitor, the designs will fall flat. But, overall, Neumorphic designs are here to stay in 2023 and beyond for their lovely concept and simplicity.