About eDesign Services
edesign services is known as the electronic or virtual design which as an interior design services that is performed by completely online. edesign services is a modern way to work with a professional interior designer. edesign services that deliver the document digitally which includes such as, including mood boards, renderings, shopping links, and other project documents. edesign services provide the advantage such as, it improves the clients satisfaction, efficiency, these factors actually driving the market of edesign services
Attributes | Details |
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Study Period | 2018-2030 |
Base Year | 2023 |
Unit | Value (USD Million) |
The global edesign services market is a fragmented due to digital technology advancement that increases the demand of edesign services. So the players are focusing on investing more in launching products. The companies are also planning strategic activities like partnerships, mergers, and acquisitions which will help them to sustain in the market. Many of the new companies are focusing on the Virtual design features and maintain their competitive edge Analyst at AMA Research estimates that United States Vendors will contribute the maximum growth to Global eDesign Services market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
Spacejoy (United States), Decorilla (United States), Modsy (United States), Havenly (United States), HBA (United States), UNIC Shanghai (China), Perkins+Will (United States) and Pottery Barn (United States) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are Creative Brand Design (United Kingdom), roomLift (United States and Others.
Segmentation Overview
AMA Research has segmented the market of Global eDesign Services market by Type (Annotated Floor Plan and Annotated Elevation Plan) and Region.
On the basis of geography, the market of eDesign Services has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, 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). If we see Market by Services, the sub-segment i.e. Luxury Design will boost the eDesign Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by End-User, the sub-segment i.e. Commercial will boost the eDesign Services market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Technological Advancement in the Interior Designs and Population Rising Inclination towards luxury Designs
Market Growth Drivers:
Increasing Demand due to Offering of Virtual Design Services, Providing Highly Convenient Services by the edesign Services and Increasing edesign Services Owing to Evolving Lifestyle and Fast-Paced Urbanization
Challenges:
Concern with Fixed Prices for edesign Services, Insufficiency of Professional Designers and Hidden Technological Cost
Restraints:
Lack of Transparency
Opportunities:
Growing Construction Activities coupled with Demand for eDesign Services in Developing Countries and Emphasizing Opportunity edesign Services across the Globe
Market Leaders and their expansionary development strategies
In July 2022, Mydoma Studio, the interior design project management platform, has acquired eDesign Tribe, the designer directory, education and 3D rendering platform. As part of the merger, Mydoma will also acquire eDesign U, which offers virtual courses on how to run an online design business.
In November 2021, Guidewire Software, Inc. announced that the E.design insurance has successfully deployed guidewire products adopted for “&e” (pronounced as Andy), its new auto insurance product launched, which is enables the digital transformation and foster growth of its auto line of business. E.design deployed the guidewire insurance suite as new core platform for underwriting, policy administration, claims, billing, and client management. This launch deployed the CostomersEngage and ServiceRepEngage to deliver digital experience
Key Target Audience
eDesign services Providers, New Entrants, Regulatory Bodies, Potential Investors, Research and Development Institutes and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.