According to the latest report by IMARC Group, titled “Interior Design Software Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” offers a comprehensive analysis of the industry, which comprises insights on the global interior design software market share.The report also includes competitor and regional analysis, and contemporary advancements in the market
The global Interior design software Marketsize reached US$ 4.17 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 7.36 Billion by 2027, exhibiting a growth rate (CAGR) of 9.50% during 2022-2027.
Interior design software represents computer-based tools that are utilized for designing and creating building layouts and plans. They are used by architects, contractors, and engineers for checking the interior quality at an early stage of the designing process. Interior design software systems facilitate placing floor plans, tables, beds, doors, windows, and interior decor in a realistic and three-dimensional (3D) environment. They assist in minimizing errors, managing time, and monitoring, identifying, and accessing any disparity between the proposed plan and the real building or conduction. Interior design software solutions even help to take preventive measures for eliminating the necessity for rebuilding and remodeling. Consequently, they find extensive applications in residential and non-residential construction across the globe.
The growing residential segment and the increasing requirement for advanced software to design the interior of private residences and work on projects from the initial planning stage or on the remodeling of existing structures are primarily driving the interior design software market. In line with this, the inflating demand for luxurious living space, owing to rapid urbanization, particularly in emerging economies, and the escalating usage of this software for curating cost-effective designs of kitchens, living rooms, wardrobes, etc., are also positively influencing the market growth.
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Additionally, the elevating integration of artificial intelligence (AI) and virtual reality (VR) solutions with the software to offer realistic graphics and quick rendering services with highly accurate and easy-to-understand representation is acting as another significant growth-inducing factor. Apart from this, the expanding need for virtual walkthroughs and the launch of various initiatives by government bodies aimed at promoting smart infrastructure are anticipated to fuel the interior design software market over the forecasted period.
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Asynth, Autodesk Inc., BeLight Software Ltd, Chief Architect Inc., Dassault Systemes SE, Home Hardware Stores Limited, Infurnia Technologies Pvt. Ltd, Planner 5D, RoomSketcher AS, Roomtodo OU, SmartDraw Software LLC and Trimble Inc.
The report has been segmented the market into following categories:
Breakup by Application:
Breakup by End User:
- Residential Sector
- Non-Residential Sector
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
On the geographical front, Asia Pacific enjoys the leading position in the market. This can be attributed to the rising establishment of international companies in the region, on account of low manufacturing costs and cheap labor.
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