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Future of the Generative AI In Design Market: Strategic Analysis and Forecast to 2034
Generative AI In Design Market
Generative AI In Design Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
In recent times, there has been a significant increase in the size of the generative AI in design market. It is expected to escalate from a worth of $0.81 billion in 2024 to approximately $1.11 billion in 2025, with a compound annual growth rate (CAGR) of 38.0%. Factors such as access to broad-scale datasets, increased awareness and adoption of this technology, responsible AI practices from an ethical standpoint, availability of educational avenues and resources, and the emergence of creative AI platforms are contributing to this growth witnessed in the historic period.
Generative AI In Design Market Size Forecast: What's the Projected Valuation by 2029?
Design market size for generative AI is predicted to experience a tremendous increase in the coming years, reaching $4.01 billion in 2029 with a 37.7% compound annual growth rate (CAGR). This predictor surge during the forecast period can be credited to various factors such as education and skill development, the production of real-time designs, sustainability and eco-friendly design initiatives, personalized AI-driven design approaches, and justified use of AI in design. Noteworthy trends anticipated in this period comprise the merging of generative AI with design tools, the rise of specialized applications and services, the inclusion of generative AI in digital twin technologies, the automation of design using AI, and enhanced creativity.
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What Are the Drivers Transforming the Generative AI In Design Market?
The mounting utilization of AI applications is predicted to drive the expansion of the generative AI in the design market. AI pertains to a computer's capability or a computer-guided robot to undertake tasks frequently associated with human cognitive operations. The usage of AI applications is burgeoning due to the escalating intricacy of tasks along with advancements in AI technology. Generative AI in design employs AI algorithms to independently generate new designs, simplifying creative processes and encouraging innovation across diverse sectors like architecture, fashion, and product design. These applications support swift prototyping, customization, and examination of an enormous range of design possibilities, radically transforming traditional design workflows. For example, as per a report in November 2023 by the United States Census Bureau, a governing agency based in the US, the construction sector's adoption of artificial intelligence was 1.2%, and it was projected to rise to 2% in the subsequent 6 months. Thus, the growing utilization of AI applications is propelling the progression of the generative AI in design market.
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What Long-Term Trends Will Define the Future of the Generative AI In Design Market?
Leading enterprises in the generative artificial intelligence (AI) in design industry are concentrating on enhancing their generative AI technologies with sophisticated features like auto-clustering, Python, and R coding abilities to increase their market revenue. These AI tools allow design professionals to utilize detailed data examination, machine learning, and statistical methods to devise creative and efficient design solutions suited to specific user needs and design goals. For example, Altair Engineering Inc., a US-based IT firm, upgraded its data analytics and AI platform, Altair RapidMiner, in November 2023, to house superior next-gen generative AI features. This update consists of a range of elements such as auto-clustering, extended SAS, Python, and R coding capabilities, and more with the aim to boost the platform's competencies. It also includes an updated collection of data visualization components, new layout templates and utilities, as well as bettered style choices, simplifying the dashboard creation, sharing, and utilization process. These upgradations make the setup process easier for designers and let them focus more on creating attractive and user-friendly dashboards.
Which Segments in the Generative AI In Design Market Offer the Most Profit Potential?
The generative AI in design market covered in this report is segmented -
1) By Deployment: On-Premise, Cloud
2) By Application: Product Design, Graphic Design, Interior Design, Fashion Design, Architecture
3) By End-Users: Large Enterprises, Small And Medium-Sized Enterprises (SMEs), Individual Users
Subsegments:
1) By On-Premise: Self-Hosted Design Solutions, On-Premise AI Design Software, Secure, Localized Design Processing
2) By Cloud: Saas-Based Design Platforms, Cloud-Hosted Generative AI Tools, Scalable Cloud Infrastructure For Design
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Which Firms Dominate the Generative AI In Design Market by Market Share and Revenue in 2025?
Major companies operating in the generative AI in design market report are Alphabet Inc.; Microsoft Corporation; Siemens AG; NVIDIA Corporation; Adobe Inc.; Dassault Systèmes SE; Autodesk Inc.; Trimble Inc.; Ansys Inc.; PTC Inc.; Bentley Systems Incorporated; Anthropic AI; Altair Engineering Inc.; DeepMind Technologies Limited; OpenAI Inc.; Jasper Technologies Inc; Corel Corporation; Hugging Face Inc.; Chaos Group; Vectorworks Inc.; AI21 Labs; Onshape Inc.; Stability AI LLC; Midjourney Inc.
Which Regions Offer the Highest Growth Potential in the Generative AI In Design Market?
North America was the largest region in the generative AI in design market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the generative AI in design market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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