Interior Design Services Market Expected To Grow By USD 24.13 Billion | APAC to provide maximum opportunities | Technavio |

NEW YORK, January 10, 2022 / PRNewswire / – The “Interior Design Services Market By End User and Geography – Forecast and Analysis 2021-2025” report has been added to Technavio’s offering. There is a growing demand for interior design services with the increasing construction of residential, commercial, government and corporate infrastructure and the renovation of old buildings across the world. In addition, the growth of end-user industries such as retail, hospitality, and business is creating significant demand for interior design services.

Technavio estimates that the size of the global interior design services market will increase by $ 24.13 billion, increasing at a CAGR of 4% during the forecast period.

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Market dynamics

The market is driven by factors such as growing demand from the business infrastructure sector and increasing demand for personalized and personalized kitchens and lounges. However, the presence of unorganized players and the intense competition between existing players will challenge the growth of the market.

Company Profiles

Some of the companies covered in this report are AECOM, Aedas Ltd, DP Architects Pte Ltd, Foster Partners Group Ltd., Gensler. Mr. Arthur Gensler Jr. and Associates Inc., HDR Inc., Jacobs Engineering Group Inc., NIKKEN SEKKEI Ltd, Perkins Will International Group of Companies and Stantec Inc.

Competitive analysis

The competitive scenario provided in the Interior Design Services Market report analyzes, assesses, and positions the companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies in recent years, growth strategies, product innovations, new product launches, investments, market share growth, etc.

Market segmentation

  • By end user, the market is categorized into commercial and residential segments. Demand from commercial end users was high in 2020. The segment is driven by the growing number of construction projects. In addition, the growth of the global tourism industry contributes to the growth of the segment.
  • By geography, the market is classified in APAC, North America, Europe, South America, and MEA. APAC will hold the largest share of the market. The region currently holds 35% of the global market share. The increasing demand for construction services from developing countries, such as China, Japan, and India are driving the growth of the interior design services market in APAC. In addition, the multiplication of renovation projects contributes to the growth of the regional market.

Associated reports:

Home Furnishings Market by Product and Geography – Forecast and Analysis 2021-2025

Do-It-Yourself Home Improvement Retail Market by Product and Geography – Forecast and Analysis 2021-2025

Scope of the interior design services market

Cover of the report

Details

Page number

120

Year of reference

2020

Forecast period

2021-2025

Growth dynamics and CAGR

Accelerate to a 4% CAGR

Market growth 2021-2025

$ 24.13 billion

Market structure

Fragmented

Annual growth (%)

3.30

Regional analysis

APAC, North America, Europe, South America and MEA

Efficient contribution to the market

APAC at 35%

Main consumer countries

United States, China, Japan, Germany, India and Canada

Competitive landscape

Leading companies, competitive strategies, reach of consumer engagement

Profiled companies

AECOM, Aedas Ltd, DP Architects Pte Ltd, Foster Partners Group Ltd., Gensler. Mr. Arthur Gensler Jr. and Associates Inc., HDR Inc., Jacobs Engineering Group Inc., NIKKEN SEKKEI Ltd, Perkins Will International Group of Companies and Stantec Inc.

Market dynamics

Parent Market Analysis, Market Growth Drivers and Obstacles, Analysis of Fast Growing and Slow Growing Segments, Impact of COVID-19 and Future Consumer Dynamics, Analysis of Market Conditions for the Forecast Period,

Customization

If our report didn’t include the data you’re looking for, you can reach out to our analysts and customize the segments.

About Us

Technavio is one of the world’s leading technology research and consulting companies. Their research and analysis focuses on emerging market trends and provides actionable insights to help companies identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialist analysts, Technavio’s report library includes over 17,000 and more reports, spanning 800 technologies, spanning 50 countries. Their customer base consists of companies of all sizes, including more than 100 Fortune 500 companies. This growing customer base relies on Technavio’s comprehensive coverage, in-depth research and actionable market intelligence to identify opportunities in existing markets. and potentials and assess their competitive positions in changing market scenarios.

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Website: www.technavio.com/

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