Interior Design Software Market
Technology Media Telecomunications

With CAGR of 9.8% , Interior Design Software Market projected to reach US$ 6,872.11 million by 2028

Interior design software helps architects assess the quality of interior settings early in the design process. It also enables architects to detect, monitor, and access any discrepancies between the suggested design and the actual structure. It also assists architects in taking preventative steps and lowering the need for renovation & reconstruction. Interior design software offers a comprehensive list of furniture, including windows, doors, beds, and tables in various styles, to assist the designer in creating an accurate model of the area. The software helps interior enterprise increase their productivity by reducing their reliance on paperwork and documentation of building interior designs. It also aids businesses in speeding up the design process and lowering the time & expense of interior design work. Thought formulation, field research, space planning, architectural design challenges, and interior design performance are all part of the interior design process. Moreover, interior enterprise use this software to show designs in a 3D format to provide customers with a better knowledge of interior designs.

AUTODESK, SMARTDRAEW, TRIMBLE, DASSAULT SYSTEMES, FOYR NEO- PROMINENT MARKET PARTICIPANTS IN THE INTERIOR DESIGN SOFTWARE MARKET

The global interior design software market is mainly driven by the increasing demand for interior designing and decoration in the residential, commercial, and construction sectors. With the novel advancements in artificial intelligence and Augmented Reality/Virtual Reality business leaders are investing heavily in developing online applications that are easy to use, provide best experience for users, and offer innovative user interaction. The increased productivity due to reduced reliance on paperwork and documentation is another factor driving the demand for interior design software.

There has been a significant rise in the global population, accompanied by increased per capita income, the standard of living, and economic conditions. The large population immigrated to developed cities or countries for better opportunities, increase in government initiatives to promote urbanization has created the demand for households and living space. The rapid urbanization in developed and developing economies has increased the construction activities and the demand for personalized interiors. As per the United Nations Conference on Trade and Development (UNCTAD), the share of the urban population increased to 56.2% in 2020. It is higher in developed countries than in developing countries. Additionally, technological advancements and fast-changing lifestyles have created the demand for personalized interiors, which provide better comfort, luxury, and aesthetics as per client’s requirements.

The urban population spends around 90% of the time indoors, affecting their psychology and mental health.  there have been different types of psychology exist with interiors such as Indian Vaastu Shastra, Chinese feng shui, and others. It recent times the bonding between interiors and emotions have gained popularity which is expected to enhance the growth of the interior design software market over the forecast period. Thus, rapid urbanization and immigration activities, supporting government initiatives and increasing population are expected to drive the interior design software market.

A few of the important interior design software market initiatives from the industry are mentioned below:

2022 Autodesk announced the acquisition of Moxion, the New Zealand-based developer of a powerful, residential sector platform for digital dailies used by leading filmmakers. North America
2021 Dassault Systèmes announced that Gautier is using the “HomeByMe for Home Retailers” 3D home planning solution for providing customers with complete, personalized in-store and online experiences that encourage collaborative engagement and boost sales. North America