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The Business Research Company’s Specialized Design Services Global Market Report 2023 – Market Size, Trends, And Global Forecast 2023-2032

LONDON, GREATER LONDON, UK, November 29, 2023 /EINPresswire.com/ — The global specialized design services market experienced substantial growth, surging from $142.78 billion in 2022 to $156.19 billion in 2023, with an impressive Compound Annual Growth Rate (CAGR) of 9.4%. Projections indicate sustained expansion, reaching $214.86 billion by 2027, boasting a CAGR of 8.3%.

Breaking Geographical Boundaries: Market Globalization

Design services companies are venturing into new markets and fostering collaborations with foreign designers to offer a diverse range of services, breaking down geographical boundaries in the process. The prevalence of overseas travel has heightened awareness of the latest design trends. As a result, companies now have access to more globalized and advanced design services. For instance, Baltimore-based design firm Callison RTKL collaborated with Indian real estate company HBS Realtors to design residential buildings in India.

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Key Market Players Shaping the Landscape

Major companies influencing the specialized design services market include Suzhou Gold Mantis Construction Decoration Co. Ltd., Gensler, China Railway Signal & Communication Corporation Limited, China Energy Engineering Group, Nippon Express Co. Ltd., Perkins+Will, HOK Group, Arcadis NV, Martela Oyj, and CPFL Energia S.A.

Virtual and Augmented Reality Transforming Interior Design

Virtual reality (VR) and augmented reality (AR) technologies are revolutionizing interior design services, enabling providers to deliver customized designs efficiently and offer cost-effective design plans within a short timeframe. VR creates computer-stimulated visuals, while AR supplements real-world objects with computer-generated information through sensory inputs. These technologies contribute to reducing rework, enhancing quality, lowering labor costs, improving safety, streamlining collaboration, and aiding in project management. For instance, online interior design service provider Decorilla integrates AR and VR technologies into its offerings. Major companies such as Google, Facebook, and Samsung also leverage these technologies to boost productivity and elevate design quality. Other notable players in this space include roomy and Vectorworks.

Regional Dynamics: North America Leads the Way

In 2022, North America emerged as the largest region in the specialized design services market, claiming a significant share. Asia-Pacific followed as the second-largest region in the market.

Comprehensive Market Segmentation: Meeting Diverse Needs
The global specialized design services market is segmented –

1) By Type: Interior Design Services, Graphic Design Services, Industrial Design Services, Fashion And Other Design Services

2) By Mode: Online, Offline

3) By Service Provider: Large Enterprise, Small and Medium Enterprise

For comprehensive insights into market dynamics and future trends, please refer to the complete report:

Specialized Design Services Global Market Report 2023 from TBRC covers the following information:
• Market size date for the forecast period: Historical and Future
• Market analysis by region: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
• Market analysis by countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Trends, opportunities, strategies and so much more.

The Specialized Design Services Global Market Report 2023 by The Business Research Company is the most comprehensive report that provides insights on specialized design services market size, specialized design services market drivers and trends, specialized design services market major players, specialized design services market competitors’ revenues, specialized design services market positioning, and specialized design services market growth across geographies. The specialized design services market report helps you gain in-depth insights on opportunities and strategies. Companies can leverage the data in the specialized design services market report and tap into segments with the highest growth potential.

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