Press release
Primary Catalyst Driving Interior Design Services Market Evolution in 2025: Growing Construction Industry Boosts The Interior Design Services Market Driver
Interior Design Services
The growing construction industry is expected to foster the growth of the interior design services market. The construction industry, which involves planning, building, and maintaining infrastructure and buildings, is expanding due to urbanization and increased real estate investment. Interior design services are in high demand for creating functional and aesthetically pleasing indoor spaces. In August 2024, the Office for National Statistics reported a 16.5% increase in construction new orders in the UK in Q2 2024 compared to Q1 2024. The growing construction industry is fueling the interior design services market's growth.
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What is the projected compound annual growth rate (CAGR) of the interior design services market from 2025 to 2034, and what factors influence it?
The interior design services market will increase from $82.09 billion in 2024 to $88.26 billion in 2025 at a CAGR of 7.5%, driven by home sales, evolving lifestyles, and increased consumer spending.
The interior design services market is set to expand to $123.84 billion by 2029 at a CAGR of 8.8%, driven by economic growth, remote work shifts, and outdoor living interest. Trends include virtual design services, tech integration, and smart home solutions.
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How are the latest trends influencing the growth of the interior design services market?
Prominent companies in the interior design services market are focused on creating innovative solutions like AI-powered interior design platforms to gain a competitive advantage. An AI-based interior design platform utilizes artificial intelligence algorithms to assist users in designing interior spaces. For example, in March 2024, Icon Technology Inc., a US-based company specializing in 3D-printed housing services and robotics, launched Vitruvius. This AI system helps users input their preferences and generate floor plans, visualizations, and construction documents. Vitruvius simplifies creating personalized floor plans and construction schedules, combining design expertise with practical building considerations.
What are the major segments of the interior design services market and their role in driving growth?
The interior design services market covered in this report is segmented -
1) By Type: Newly Decorated, Repeated Decorated
2) By Specialized Interior Design Services: Hospitality Interior Design, Healthcare Interior Design, Retail Interior Design, Office Interior Design, Restaurant Interior Design, Event And Exhibition Design
3) By End User: Commercial, Residential
Subsegments:
1) By Newly Decorated: Residential Interior Design, Commercial Interior Design, Hospitality Interior Design, Retail Interior Design
2) By Repeated Decorated: Residential Remodeling And Renovation, Commercial Space Redesign, Office Interior Redesign, Retail Store Updates
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Which regions are key players in the growth of the interior design services market?
North America was the largest region in the interior design services market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the interior design services market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Who are the key firms paving the way for growth in the interior design services market?
Major companies operating in the interior design services market are Jacobs Engineering Group Inc., AECOM Technology Corporation, Stantec Inc., Arcadis NV, SmithGroup Ltd., HDR Inc., Gensler, Perkins And Will Inc., Arcadis IBI Group, Nelson Worldwide Holdings Inc., Hirsch Bedner Associates Inc., HOK Group Inc., Foster + Partners Group Ltd., CallisonRTKL Inc., Cannon Design Inc., Perkins Eastman Inc., ZGF Architects LLP, Woods Bagot Architects Pty Ltd., Samoo Architects And Engineers Co. Ltd., IA Interior Architects, Areen Design Services Ltd., Rockwell Group LLC, Yabu Pushelberg, Avroko Design LLC, Rapt Studio Inc.
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What Is Covered In The Interior Design Services Global Market Report?
•Market Size Forecast: Examine the interior design services market size across key regions, countries, product categories, and applications.
•Segmentation Insights: Identify and classify subsegments within the interior design services market for a structured understanding.
•Key Players Overview: Analyze major players in the interior design services market, including their market value, share, and competitive positioning.
•Growth Trends Exploration: Assess individual growth patterns and future opportunities in the interior design services market.
•Segment Contributions: Evaluate how different segments drive overall growth in the interior design services market.
•Growth Factors: Highlight key drivers and opportunities influencing the expansion of the interior design services market.
•Industry Challenges: Identify potential risks and obstacles affecting the interior design services market.
•Competitive Landscape: Review strategic developments in the interior design services market, including expansions, agreements, and new product launches.
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