Interior Design Software Market Scope
Continues growth of the design and construction industry, as well as the need for higher productivity, will generate significant demand for the entertainment software over the forecasted period. In addition to this, the growing use of cloud-based software for interior designing will propel business growth. This interior design software assists the architects for inspecting the quality and presentation at initial stages of the designing process. It also allows to monitor, identify, observe, and access in defects, errors or any disparities between the actual designed and proposed design. Moreover, it assists architects to take precautionary measures for reducing the need for remodeling and rebuilding. However, interoperability issues associated with this software might stagnate the demand over the upcoming years.
Interior Design Software market is a fragmented market due to the presence of various players. Companies are focusing on developing innovative products and solutions to improve quality, enhances and promotes performance. The companies are coming up with partnerships or agreements along with planning strategic activities such as partnerships, product launch, mergers, and acquisitions which will help them to sustain in the market and maintain their competitive edge.The Players having a strong hold in the market are Autodesk, Inc., Dassault Systmes, Trimble Inc., SmartDraw Software, LLC, and Decolabs. Research Analyst at AMA estimates that European Players will contribute to the maximum growth of Global Interior Design Software market throughout the predicted period.
Autodesk, Inc. (United States), Dassault Systmes (France), Trimble Inc. (United States), SmartDraw Software, LLC (United States), Decolabs (United Arab Emirates), Roomtodo (Estonia), Space Designer 3D (France), Planner 5D (Lithuania), Home Hardware Stores Limited (Canada) and RoomSketcher AS (Norway) are some of the key players that are part of study coverage. Additionally, the Players which are also part of the research are BeLight Software Ltd. (Ukraine), Chief Architect Inc. (United States), Infurnia Technologies Pvt. Ltd. (India), EasternGraphics Gmbh (Germany) and Innoplanner (United States).
Segmentation Overview
The study have segmented the market of Global Interior Design Software market by Type (Software, Web-based Tool and App), by Application (Residential Sector and Non-Residential Sector) and Region with country level break-up.
On the basis of geography, the market of Interior Design Software 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). Europe region held largest market share in the year 2022. North America on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement.
Influencing Trend:
Adoption of Artificial Intelligence and Augmented Reality in Software Development and Enables Live 3D Floor Plans Irrespective of Location
Market Growth Drivers:
Robust Technological Advancements in Construction and Designing and Provides Accurate and Attractive Design and Decoration
Challenges:
Volatile Consumer Preferences and Continues Technological Advancements and Fueling Construction Equipment and Raw Material Prices
Restraints:
Lack of Awareness in the Underdeveloped Regions and Limited Financial Budgets
Opportunities:
Continues Construction and Infrastructure Development from APAC and Strategic Alliances with Global Construction Companies or Freelancing Architects
Market Leaders and their Expansionary Development Strategies
On 23rd January 2019, the leading interior design software, ‘Autodesk, Inc.’ has completed the acquisition of a leading preconstruction platform BuildingConnected. Autodesk has acquired the company for USD 275 million. Whereas the acquired company ‘BuildingConnected’ is one of the largest and most active digital network in the construction industry with 700,000 construction professionals using the platform.
On March 12th, 2019, Dassault Systèmes has signed an agreement to supply Alstom with its 3DEXPERIENCE platform to accelerate the delivery of 150 tailored trains to its customer, Trenitalia, the Italian national rail operator and part of Ferrovie Dello Stato, introducing a new virtual product experience in the rail industry. Moreover, Alstom is leveraging the high-end 3D visualization applications of the “Virtual Garage” industry solution experience to present realistic virtual models of trains that correspond to Trenitalia’s needs for regional and suburban transport.
"Designs must adhere to code and regulatory requirements, and encourage the principles of environmental sustainability. Interior design can also influence the choice of real estate that will address the organization's needs through the architecture and design elements. Ongoing technological improvements will force education to partner with the professional community in cost-sharing of high-tech equipment, software, and resources. State regulations set qualifying standards of education, experience, and examination for the practice of interior design, and for the use of a state-designated title."
Key Target Audience
Interior Designers, Interior Designing Software and Service Providers, Construction and Architectural Industry Associations, Government Regulatory Bodies, Research and Development Institutes and Others
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.