Microservice architecture (MSA) helps address modern software development needs by breaking applications into independently deployable microservices that communicate asynchronously. MSA evolves past SOA approaches by focusing on small, single-purpose services rather than large monolithic applications. Key aspects of MSA include ubiquitous language, well-defined boundaries, independent deployability, asynchronous communication via messaging, and each service owning its own data. MSA also relies on modern cloud-ready infrastructure approaches like service discovery, elastic scaling, and failure resilience at the service level rather than relying on specific hardware.