APAC Interior Design Software Market Size
| Study Period | 2019-2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 1.18 Billion |
| Market Size (2029) | USD 1.99 Billion |
| CAGR (2024 - 2029) | 11.10 % |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
APAC Interior Design Software Market Analysis
The APAC Interior Design Software Market size is estimated at USD 1.18 billion in 2024, and is expected to reach USD 1.99 billion by 2029, growing at a CAGR of 11.10% during the forecast period (2024-2029).
Interior design software is essential for building and maximum space utilization in apartment plans. The interior design market is also witnessing an increase in the need for such software from the region due to the growth of the construction markets in India and China over the forecast period. The other countries expected to drive the demand for interior design software in the region are Australia, Indonesia, Singapore, South Korea, and Malaysia.
- One of the primary causes of the increase in demand for interior design software is the increased productivity obtained by reducing the dependence on paperwork and documentation. This also helps firms reduce their total interior design costs by giving advanced budgeting capabilities. Architects can additionally employ the program to create a complete floor plan that includes correct measurements, flooring, windows, walls, doors, lights, cabinets, and furniture.
- The increased need for interior design and decoration in the commercial, residential, and construction sectors drives the APAC Interior Design Software Market. With the advancements in artificial intelligence AR/VR, businesses are spending heavily on producing web apps that are easy to use and provide cutting-edge user engagement and experience.
- Furthermore, the software enables architects to create a detailed floor layout with correct proportions, flooring, windows, walls, doors, lights, cabinets, and furniture. Additionally, the government's contribution to accelerating expansion in the construction and real-estate sectors propels the market.
- However, concerns about interoperability with interior design software are impeding industry expansion. At the initial stage of software adoption, there will be a setup fee that can include the cost of the devices used for the interface, accessibility, and data input, as well as a separate subscription fee that the users must pay monthly or annually. Compared to subscription fees, the initial cost would be quite expensive, which is projected to limit the growth of the Asia-Pacific construction management software market.
- Due to the COVID-19 epidemic, many small and significant enterprises were forced to close, and numerous others responded by becoming virtual. Interior design is one business that avoided a total shutdown by adjusting to the needs of the contemporary environment. Interior designers undertook virtual tours of the locations where their clients were looking for a design. Zoom calls were used for sales, consultations, and chats. However, the commercial building industry was expected to suffer the most due to reduced income and a halt in activities during the lockdown.
APAC Interior Design Software Market Trends
Residential Sector is Expected to Hold Significant Market Share
- The residential sector is expected to increase fastest throughout the projection period, owing to the growing population and rising demand for a pleasant and comfortable living environment. Furthermore, with increased technological innovation, a home is no longer only a place to live. In the APAC region, millennials with unique lifestyles believe their home design should represent their uniqueness. Most homeowners favor design businesses that can comprehend their vision and develop cost-effective ideas for kitchens, living rooms, and closets, among other things.
- According to Population Reference Population Reference Bureau, in 2022, the degree of urbanization worldwide, in Asia and Oceania, was 57 percent, 52 Percent, and 67 Percent, Respectively.
- Start-ups are upending the local interior design industry. Livspace has become one of India's major home interior design and remodeling platforms. The business has created over 5,000 residences totaling over 2 million square feet and collaborates with over 2,000 other designers. The business successfully built a strong brand presence due to its partnership with Brand Capital, The Times Group's strategic investment arm.
- Additionally, the rapid regional building standards and norms in current housing and population expansion in this century have increased the necessity for an instant reaction from designers in terms of space rationalization to meet the ensuing lack of architectural habitat. Furthermore, with forthcoming smart city and smart house initiatives in the Asia Pacific, the residential segment's market is expected to rise throughout the projection period.
China is Expected to Hold Significant Market Share
- The China country segment is expected to grow significantly during the forecasted period. Building infrastructure plans in nations in China are revised to contribute significantly to Asia-Pacific interior design software market expansion.
- Growing population and urbanization in major cities in the region, such as Tokyo, and Beijing, China, led to an augmented increase in residential sectors. Recently, China's five-year national development strategy was just unveiled. With the aim of 65% urbanization in its 14th Five-Year Plan (FYP) (2021-2025), the government will add 10 million urban dwellers annually through the end of 2025.
- According to the National Bureau of Statistics of China, in 2022, approximately 65.2 percent of the total population in China lived in cities. The urbanization rate has increased steadily in China over the last decades.
- Additionally, interior design companies use augmented and virtual reality, cloud computing, and 3D technologies to meet rising demand and provide customers with seamless home interiors and remodeling experiences. Several 3D platform suppliers include Cedro, an online 3D house design platform used by professional home builders, remodelers, and interior designers to develop 2D and 3D floor plans and interior and exterior renderings.
- In addition, firms like Livspace, HomeLane, Bonito Designs, Infurnia, and Spacejoy are aiming for considerable development in the category by using capital to expand their user base. From getting to know the client to design and delivering the final product, these organizations draw investors into the industry while offering many chances for a diverse range of new talent.
APAC Interior Design Software Industry Overview
The APAC Interior Design Software Market is consolidated with the presence of major players like Dassault System SE, Autodesk Inc, Trimble, Inc., Foyr LLC, and Infurnia Technologies Pvt. Ltd. Players in the market are adopting strategies such as partnerships, mergers, and acquisitions to enhance their product offerings and gain sustainable competitive advantage.
In November 2023, Autodesk, Inc. announced Autodesk AI, technology that unlocks creativity, helps solve problems, and eliminates non-productive work across the industries that design and make the world around us and which is available in Autodesk products and native to its design and Make Platform, Autodesk AI provides intelligent assistance and generative capabilities that allow customers to imagine and explore freely while producing precise, accurate, and innovative results.
In November 2022, Trimble and HP collaborated to integrate Trimble's most recent robotic total station with HP's new SitePrint robotic layout technology. The solution aims to improve the layout process for interior building projects.
In March 2022, Autodesk, Inc. announced that it had signed a definitive agreement to acquire The Wild, a cloud-connected, extended reality (XR) platform, which includes its namesake solutions, The Wild and IrisVR. This acquisition enables Autodesk to meet increasing needs for augmented reality (AR) and virtual reality (VR) technology advancements within the AEC industry and further support AEC customers throughout the project delivery lifecycle.
APAC Interior Design Software Market Leaders
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Dassault System SE
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Autodesk Inc
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Trimble, Inc.
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Foyr LLC
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Infurnia Technologies Pvt. Ltd
*Disclaimer: Major Players sorted in no particular order
APAC Interior Design Software Market News
- February 2023: Spectrum Networks has announced a strategic alliance with Autodesk. Autodesk technology enables innovators globally to solve problems large and small, from greener buildings to smarter products to more captivating entertainment. Autodesk tools such as AutoCAD, Revit, Maya, 3ds Max, Fusion 360, SketchBook, and others are used by over 100 million individuals to release their creativity and address major design, business, and environmental challenges.
- December 2022: Dassault Systèmes to Showcase Virtual Twin Experiences at its 3DEXPERIENCE Conference Asia Pacific South 2022. Dassault Systèmes launched the 3DEXPERIENCE Forum Asia Pacific South 2022 in its first hybrid format. Roundtable discussions were held in eight places across five nations, concluding with a virtual version on December 7. Approximately 250 corporate executives and engineers participated in in-person conversations on resiliency for long-term success using virtual twin technology. Participants discussed digital transformation, sustainability in the manufacturing and mining industries, and infrastructure and cities' construction, planning, and operation.
APAC Interior Design Software Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHT
4.1 Market Overview
4.2 Industry Attractiveness - Porter's Five Forces Analysis
4.2.1 Threat of New Entrants
4.2.2 Bargaining Power of Buyers/Consumers
4.2.3 Bargaining Power of Suppliers
4.2.4 Threat of Substitute Products
4.2.5 Intensity of Competitive Rivalry
4.3 Impact of COVID-19 on the Market
5. MARKET DYNAMICS
5.1 Market Drivers
5.1.1 Want for better interior design and decoration
5.1.2 Rise in Government Initiatives for Promoting Construction and Real-estate Worldwide
5.2 Market Restraints
5.2.1 Interoperability Issues with Interior Design Software
6. MARKET SEGMENTATION
6.1 By End-User Industries
6.1.1 Residential sector
6.1.2 Non-Residential sector
6.2 By Country
6.2.1 China
6.2.2 Japan
6.2.3 India
6.2.4 Rest of Asia-Pacific
7. COMPETITIVE LANDSCAPE
7.1 Company Profiles*
7.1.1 Dassault System SE
7.1.2 Autodesk Inc
7.1.3 Trimble, Inc.
7.1.4 Foyr LLC
7.1.5 Infurnia Technologies Pvt. Ltd
7.1.6 InnoPlanner Ltd.
8. INVESTMENT ANALYSIS
9. MARKET OPPORTUNITIES AND FUTURE TRENDS
APAC Interior Design Software Industry Segmentation
Interior design software enables architects to create floor plans and design spaces easily and efficiently. The solution has various combinations of features such as 2D space planning and floor plan creation, 3D designing, and modeling with rendering. The solution is typically downloaded or accessed via the internet.
The APAC Interior Design Software Market is segmented by end-user (residential sector, non-residential sector) and by country (China, Japan, India, Rest of Asia Pacific). The market sizes and forecasts are provided in terms of value in USD for all the above segments.
| By End-User Industries | |
| Residential sector | |
| Non-Residential sector |
| By Country | |
| China | |
| Japan | |
| India | |
| Rest of Asia-Pacific |
APAC Interior Design Software Market Research FAQs
How big is the APAC Interior Design Software Market?
The APAC Interior Design Software Market size is expected to reach USD 1.18 billion in 2024 and grow at a CAGR of 11.10% to reach USD 1.99 billion by 2029.
What is the current APAC Interior Design Software Market size?
In 2024, the APAC Interior Design Software Market size is expected to reach USD 1.18 billion.
Who are the key players in APAC Interior Design Software Market?
Dassault System SE, Autodesk Inc, Trimble, Inc., Foyr LLC and Infurnia Technologies Pvt. Ltd are the major companies operating in the APAC Interior Design Software Market.
What years does this APAC Interior Design Software Market cover, and what was the market size in 2023?
In 2023, the APAC Interior Design Software Market size was estimated at USD 1.05 billion. The report covers the APAC Interior Design Software Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the APAC Interior Design Software Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
APAC Interior Design Software Industry Report
Statistics for the 2024 APAC Interior Design Software market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. APAC Interior Design Software analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
