PUBLISHER: KBV Research | PRODUCT CODE: 1709921
PUBLISHER: KBV Research | PRODUCT CODE: 1709921
The North America Interior Design Software Market would witness market growth of 9.1% CAGR during the forecast period (2024-2031).
The US market dominated the North America Interior Design Software Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $2,581 million by 2031. The Canada market is experiencing a CAGR of 11.4% during (2024 - 2031). Additionally, The Mexico market would exhibit a CAGR of 10.5% during (2024 - 2031).
This market has emerged as a dynamic and rapidly evolving sector, fuelled by technological advancements, changing consumer preferences, and the growing demand for efficient design solutions. This market is witnessing unprecedented growth, driven by the integration of cutting-edge technologies such as artificial intelligence (AI), virtual reality (VR), augmented reality (AR), and cloud computing.
Interior design software has transformed how architects, designers, and homeowners conceptualize, plan, and execute interior spaces, offering tools that enhance creativity, precision, and collaboration. From residential renovations to large-scale commercial projects, these digital solutions have become indispensable in modern design workflows, streamlining processes and delivering visually immersive experiences.
Market in North America is experiencing significant growth, driven by rising construction investments, real estate expansion, and the e-commerce boom. In November 2023, building construction investments in Canada grew by 1.7% to $19.8 billion, with notable growth in both residential (2.2%) and non-residential (0.4%) sectors. Investment in commercial and industrial spaces rose to $6.0 billion, increasing demand for these software that supports large-scale office spaces, hotels, and retail establishments. In Q3 2023, U.S. e-commerce sales reached an impressive $1,825.3 billion, reflecting the rapid shift toward online shopping, digital furniture retail, and virtual home decor solutions. With more consumers investing in home renovation and DIY projects, interior design software with drag-and-drop furniture placement, AI-powered layout suggestions, and real-time 3D rendering is witnessing increased adoption. Mexico's real estate and rental sector generated MXN 2.66 trillion in GDP in Q3 2023, marking a 5.55% annual increase and a 2% rise from the previous quarter. In conclusion, the North American market is expanding rapidly, driven by rising construction investments in Canada, the booming e-commerce sector in the U.S., and Mexico's growing real estate industry.
Based on End-use, the market is segmented into Non-residential and Residential. Based on Deployment, the market is segmented into Cloud and On-Premises. Based on Application, the market is segmented into Enterprise and Individual. Based on countries, the market is segmented into U.S., Mexico, Canada, and Rest of North America.
List of Key Companies Profiled
North America Interior Design Software Market Report Segmentation
By End-use
By Deployment
By Application
By Country