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LONDON--(BUSINESS WIRE)--The interior design software market is expected to grow by USD 188.77 million, progressing at a CAGR of over 4% during the forecast period.
Better interior design and decoration is one of the major factors propelling market growth. However, factors such as interoperability issues with interior design software will hamper the market growth.
More details: https://www.technavio.com/report/interior-design-software-market-industry-analysis
Interior Design Software Market: Application Landscape
The non-residential segment includes commercial and industrial buildings such as lodging, office, retail, and manufacturing. It also includes institutions such as hospitals, educational institutions, religious institutions, and recreation centers. This segment receives a major demand from offices, retail shops, and hotels. The location of the commercial building is one of the major growth drivers for this segment. Interior design software is mainly used in the non-residential sector to design and visualize the position of furniture and doors and windows before construction, as space constraint is a major factor in the non-residential sector. Market growth in this segment will be faster than the growth of the market in the residential segment.
Interior Design Software Market: Geographic Landscape
APAC will offer several growth opportunities to market vendors during the forecast period. The increase in the demand for construction services in developing countries, such as Japan, China, and India will significantly drive interior design software market growth in this region over the forecast period. 37% of the market’s growth will originate from APAC during the forecast period. China is a key market for interior design software in APAC. Market growth in this region will be faster than the growth of the market in other regions.
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Companies Covered:
- Asynth SAS
- Autodesk Inc.
- Dassault Systemes SE
- Decolabs
- Home Hardware Stores Ltd.
- Planner 5D
- RoomSketcher AS
- Roomtodo OU
- SmartDraw Software LLC
- Trimble Inc.
What our reports offer:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers market data for 2019, 2020, until 2024
- Market trends (drivers, opportunities, threats, challenges, investment opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio’s in-depth research has direct and indirect COVID-19 impacted market research reports.
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Key Topics Covered:
Executive Summary
Market Landscape
- Market ecosystem
- Value chain analysis
Market Sizing
- Market definition
- Market segment analysis
- Market size 2019
- Market outlook: Forecast for 2019 - 2024
Five Forces Analysis
- Five forces summary
- Bargaining power of buyers
- Bargaining power of suppliers
- Threat of new entrants
- Threat of substitutes
- Threat of rivalry
- Market condition
Market Segmentation by Application
- Market segments
- Comparison by Application
- Non-residential - Market size and forecast 2019-2024
- Residential - Market size and forecast 2019-2024
- Market opportunity by Application
Customer landscape
- Overview
Geographic Landscape
- Geographic segmentation
- Geographic comparison
- North America - Market size and forecast 2019-2024
- Europe - Market size and forecast 2019-2024
- APAC - Market size and forecast 2019-2024
- South America - Market size and forecast 2019-2024
- MEA - Market size and forecast 2019-2024
- Key leading countries
- Market opportunity by geography
- Market drivers
- Market challenges
- Market trends
Vendor Landscape
- Overview
- Landscape disruption
Vendor Analysis
- Vendors covered
- Market positioning of vendors
- Asynth SAS
- Autodesk Inc.
- Dassault Systemes SE
- Decolabs
- Home Hardware Stores Ltd.
- Planner 5D
- RoomSketcher AS
- Roomtodo OU
- SmartDraw Software LLC
- Trimble Inc.
Appendix
- Scope of the report
- Currency conversion rates for US$
- Research methodology
- List of abbreviations
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Technavio is a leading global technology research and advisory company. Their research and analysis focuses on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio’s report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio’s comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.