Interior Design Software Market 2021 Strategic Assessment- Autodesk Inc., Dassault Systemes SE, Trimble Inc., SmartDraw LLC, Foyr LLC, Roomtodo OU
Global Interior Design Software Market 2021-2026 is a comprehensive report which provides a detailed overview of the major driver, opportunities, challenges, current Market trends and strategies impacting the Global Interior Design Software Market in conjunction with calculation and forecast of size, share, and growth rate analysis. Combining the analysis capabilities and knowledge integration with the relevant findings, the report has foretold the robust future growth of the Interior Design Software Market all told its geographical and merchandise segments.
The interior design software Market was valued at USD 3,829 million in 2020, and it is expected to reach USD 6,433.9 million by 2026, registering a CAGR of 9.07% during the forecast period (2021 – 2026).
The Global Interior Design Software Market is highly competitive and consists of a number of major players. Companies like Autodesk Inc., Dassault Systemes SE, Trimble Inc., SmartDraw LLC, Foyr LLC, Roomtodo OU, ECDESIGN Sweden AB, RoomSketcher AS, Space Designer 3D, BeLight Software Ltd, Chief Architect Inc., Infurnia Technologies Pvt. Ltd, EasternGraphics GmbH, InnoPlanner Ltd among others.
Key Developments:
– April 2020 – Autodesk released 3Ds Max 2021 version. The latest version from the company focuses on rendering and textures by leveraging the improvements in performance. The version also added support for python 3, scriptable baking, and more focus on CAD-related workflows and interoperability with Autodesk’s CAD tools, such as AutoCAD and Revit.
– March 2020 – Trimble Inc. announced that its subsidiary Sketchup’s app called SketchUp Viewer for VR, now added support to all the major VR headsets, including the latest editions of Oculus Quest and SteamVR. All the users need is a cable to setup leveraging, which users would be to view of their SketchUp models in VR.
Scope of the Report:
The development of infrastructure, worldwide, increased the need for better interior design and decoration. With interior design software, architects can take preventive measures, thus reducing the need for remodeling and rebuilding.
– The number of interior design firms is increasing significantly across the world, and with it, the revenues generated by the firms is increasing as well. According to Sandow’s Interior Design resource, in 2019, the global value of interior design fees stood at around USD 5 billion and observed a growth of nearly USD 600 million, compared to the previous year.
– One of the major drivers behind the demand for interior design software is the improved productivity gained by reducing dependency on paperwork and documentation, and this also helps the organizations to reduce their overall cost related to interior design by offering enhanced budgeting tools. Moreover, the software enables architects to prepare a detailed layout of the floor, including accurate measurements, flooring, windows, walls, doors, lighting, cabinets, and furniture.
Key Market trends:
Residential Sector to Witness the Highest Growth
– Owing to the growing population and rising demand for a pleasant and comfortable living space, the residential sector is expected to have the highest growth rate over the forecast period.
– Residential design involves the design of the interior of private residences. The interior designer might work on a project from the initial planning stage or may work on the remodeling of an existing structure.
– With the increasing technological innovations, setting up a home is no longer a household affair. In the current scenario, many millennials who have unconventional living patterns, consider their home decor as a reflection of their personality. Most homeowners prefer designing firms who can understand their vision and curate cost-effective designs for kitchens, living rooms, wardrobes, etc.
– Capturing this demand, the interior designing companies are using augmented and virtual reality, cloud computing, and 3D technology to offer customers seamless home interiors and renovation experience. Also, catching on the trend, startups like Livspace, HomeLane, Bonito Designs, Infurnia, and Spacejoy are eyeing significant growth in the segment by leveraging the funds to increase their user base.
The key insights of the Interior Design Software Market report:
- The report provides key statistics on the Market Status of the Interior Design Software Market manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
- The report provides a basic overview of the industry including its definition, applications and manufacturing technology.
- The Interior Design Software Market report presents the company profile, product specifications, capacity, production value, and 2015-2021 Market shares for key vendors.
- The total Market is further divided by company, by country, and by application/type for the competitive landscape analysis.
- The report estimates 2021-2026 Market development trends of Interior Design Software Market .
- Analysis of upstream raw materials, downstream demand and current Market dynamics is also carried out
- The report makes some important proposals for a new project of Interior Design Software Industry before evaluating its feasibility.
Finally, Interior Design Software Market report is the believable source for gaining the Market research that will exponentially accelerate your business. The report gives the principle locale, economic situations with the item value, benefit, limit, generation, supply, request and Market development rate and figure and so on. Automotive Actuators industry report additionally Present new task SWOT examination, speculation attainability investigation, and venture return investigation.
Key points in this report:
– The Market estimate (ME) sheet in Excel format
– Report customization as per the client’s requirements
– 3 months of analyst support
source :manometcurrent