Rob Wormald, Developer Advocate and part of Angular core team said that they are expecting the release of Angular 3 in March. He also added that Angular 3 will be dedicated to improving tooling and reducing the generation of codes. Angular 3 will be available with a template compiler that will provide feedback in an IDE for error detection in a template. Because of improved compilation and changes in the framework, will produce 25 percent less code.
Angular 1.0 released in April 2012 and subsequently Google released the rewritten Angular 2 framework on September 15. As compared to both of this release, Angular 3 gets a much-accelerated release schedule. Rob Wormald has stated that "This is just semantic versioning in action for us and it means that we will every six months have a predictable release schedule".