Crafting and DIY Apps Market Scope
Crafting and DIY applications providing advanced features including a group of classes and tutorials on widespread crafts and activities. These services help consumers by defining the method of sewing, knit, crochet, embroider, paper crafts, and many more. With the growing digitization in every industry, the crafting industry is developing with the help of these applications.
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
Key Companies Profiled | Brit + Co (SnapGuide) (United States), Gawkerverse (Craftgawker) (United States), Blueprint (Craftsy) (United States), wikiHow, Inc. (United States), Guidecentral (United States), Facebook (United States), Houzz (United States), BrightNest (United States), JotForm Inc. (United States) and iHandy Ltd. (Hong Kong) |
CAGR | 9.3% |
The market is fragmented by many huge software applications, there is an increasing number of new market entrants in this industry. And these players are highly focused towards the production technologies, and improvement of the product service life. With the rising awareness regarding crafting and CIY in the healthcare industry, it becomes a big opportunity for this industry. And it is captured by tracking the ongoing process improvement and financial flexibility to invest in market growth strategies. Research Analyst at AMA estimates that United States Players will contribute to the maximum growth of Global Crafting and DIY Apps market throughout the predicted period.
Brit + Co (SnapGuide) (United States), Gawkerverse (Craftgawker) (United States), Blueprint (Craftsy) (United States), wikiHow, Inc. (United States), Guidecentral (United States), Facebook (United States), Houzz (United States), BrightNest (United States), JotForm Inc. (United States) and iHandy Ltd. (Hong Kong) are some of the key players that are part of study coverage.
About Approach
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from the total available market.
Segmentation Overview
The study have segmented the market of Global Crafting and DIY Apps market by Type , by Application (Commercial Users and Private Users) and Region with country level break-up.
On the basis of geography, the market of Crafting and DIY Apps has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
region held largest market share in the year 2023.
Influencing Trend:
High Adoption of Android Based Applications and Increasing Number of Market New Players Entrants
Market Growth Drivers:
Advancement in Craft Businesses, Growing Trend for the Do it Yourself Decoration and Technology Advancement in Craft Business
Challenges:
Rising Availability of Free Applications
Restraints:
Continuous Changes in Technology and Consumer Preference
Opportunities:
Rising Number of New Market Entrants in This Industry and Increasing Awareness Regarding Crafting and DIY Applications in the Healthcare Industry
Key Target Audience
Venture Capitalists and Private Equity Firms, New Entrants/Investors, Analyst and Strategic Business Planners, Crafting and DIY Applications Providers, Government Regulatory and Research Organizations and End-Use Industries