Interior Design Services Market Size to Grow by USD 34029.03 Million From 2022 to 2027, Assessment on Parent Market, Five Forces Analysis, Market Dynamics & Segmentation - Technavio

NEW YORK, Nov. 3, 2022 /PRNewswire/ -- The Interior Design Services Market share is set to increase by USD 34029.03 million from 2022 to 2027. Moreover, the market's growth momentum will accelerate at a CAGR of 5.16% as per the latest market forecast report by Technavio. The market will also record a 3.78% Y-O-Y growth Rate during the forecast period.

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Technavio categorizes the global interior design services market as a part of the global specialized consumer services market within the global diversified consumer services market. The parent global specialized consumer services market covers revenue generated by consumer service providers, including residential services, home security services, legal services, personal services, renovation, and interior design services, consumer auction services, wedding services, and funeral services.  Technavio calculates the global specialized consumer services market size based on revenue generated by various specialized consumer service providers such as residential service, home security service, legal service, personal service, renovation and interior design service, consumer auction service, wedding service, and funeral service providers. 

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The Global Interior Design Services Market is fragmented and the five forces analysis by Technavio gives an accurate vision –

• Bargaining Power of Buyers
• The threat of New Entrants
• Threat of Rivalry
• Bargaining Power of Suppliers
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  Global Interior Design Services Market – Customer Landscape  
• The disruption threats are strategic in nature, and operational risks for suppliers have been mapped based on their negative business impact and probability of occurrence. 
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Technavio's market research report entails detailed information on regional opportunities in store for vendors, which will assist in generating sales revenues. The Global Interior Design Services Market as per geography is categorized into North America, Europe, APAC, South America, and the Middle East and Africa. The report provides an accurate prediction of the contribution of all regions to the growth of the Global Interior Design Services Market size and actionable market understandings.

• APAC is the fastest-growing region in the global Interior Design Services Market compared to other regions. 34% growth will originate from APAC. With a surge in demand for construction projects in developing nations like China, Japan, and India, the market for interior design services in APAC has shown consistent growth. The market for interior design services in APAC in 2021 was mostly funded by China.
• A large portion of the growth in the use of interior design solutions can be attributed to China and Japan's massive construction industries. Due to the expectation that the Olympic Games would bring in millions of foreign visitors, hotels and resorts renovated their outdated buildings. Japan is one of the biggest and fastest-growing markets for Finnish firms that specialize in furniture and other interior design products, largely because of the rising demand for interior design in the nation.

• The Global Interior Design Services Market as per end-user segmentation is categorized into Commercial and Residential.
• Revenue Generating Segment - The commercial segment's market share will expand significantly during the forecasted period. Corporate actors, government institutions like hospitals and office buildings, public sector organizations like healthcare, education, and railroads, and private players like shopkeepers, hospitality, and restaurant proprietors are examples of commercial end-users. Due to a growth in commercial construction projects, the commercial category is anticipated to grow during the projection period. Commercial interior designers create places for companies to increase functionality and enhance their style in order to make money.

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• One of the main factors fueling the expansion of the worldwide interior design services market is the rise in construction activity on a global scale. The global market for interior design services is being driven by a rise in construction activity worldwide. In the residential, commercial, government, business, and public sectors, there is an increase in construction activity.
• The public sector's growing investments in construction projects also significantly contribute to the growth of the global interior design services industry. The construction of cities, airports, and other commercial structures is receiving a major investment from numerous governments around the world, which will fuel demand for interior design services during the projected period.

• The development of the worldwide interior design services market will be fueled by R&D expenditures and technical developments in digital design. The current trend in the market for interior design services worldwide is a technological innovation in digital planning, designing, and implementation. VR, AI, and other cutting-edge technological platforms boost the execution of interior design projects. To stay competitive in the market and make interior design productive, increase safety, and identify and address issues, vendors are boosting their R&D efforts and opening digital design laboratories.

• The expansion of the international market for interior design services is significantly hampered by the existence of unorganized companies and fierce competition among existing players. The market for interior design services worldwide is very disjointed. The market is highly fragmented, with a variety of service providers offering services that are similar to one another.
• The rivals in the market under examination compete on the basis of design, the experience of the designer, brand experience, and service. They also differ in the services they provide across multiple locations. In developing countries, smaller service providers have lower prices. Because big vendors are advancing technology, the competition for smaller businesses is becoming more intense.

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Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19. Technavio's in-depth research has direct and indirect COVID-19-impacted market research reports.

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• CAGR of the market during the forecast period 2023-2027
• Detailed information on factors that will assist Interior Design Services Market growth during the next five years
• Estimation of the Interior Design Services Market size and its contribution to the parent market
• Predictions on upcoming trends and changes in consumer behavior
• The growth of the Interior Design Services Market
• Analysis of the market's competitive landscape and detailed information on vendors
• Comprehensive details of factors that will challenge the growth of Interior Design Services Market vendors

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1 Executive Summary

• 1.1 Market overview 
• Exhibit 01: Executive Summary – Chart on Market Overview
• Exhibit 02: Executive Summary – Data Table on Market Overview
• Exhibit 03: Executive Summary – Chart on Global Market Characteristics
• Exhibit 04: Executive Summary – Chart on Market by Geography
• Exhibit 05: Executive Summary – Chart on Market Segmentation by End-user
• Exhibit 06: Executive Summary – Chart on Market Segmentation by Application
• Exhibit 07: Executive Summary – Chart on Incremental Growth
• Exhibit 08: Executive Summary – Data Table on Incremental Growth
• Exhibit 09: Executive Summary – Chart on Vendor Market Positioning

2 Market Landscape

• 2.1 Market ecosystem 
• Exhibit 10: Parent market
• Exhibit 11: Market Characteristics

3 Market Sizing

• 3.1 Market definition 
• Exhibit 12: Offerings of vendors included in the market definition

• 3.2 Market segment analysis 
• Exhibit 13: Market segments

• 3.3 Market size 2022

• 3.4 Market outlook: Forecast for 2022-2027 
• Exhibit 14: Chart on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 15: Data Table on Global - Market size and forecast 2022-2027 ($ million)
• Exhibit 16: Chart on Global Market: Year-over-year growth 2022-2027 (%)
• Exhibit 17: Data Table on Global Market: Year-over-year growth 2022-2027 (%)

4 Five Forces Analysis

• 4.1 Five forces summary 
• Exhibit 18: Five forces analysis - Comparison between 2022 and 2027

• 4.2 Bargaining power of buyers 
• Exhibit 19: Chart on Bargaining power of buyers – Impact of key factors 2022 and 2027

• 4.3 Bargaining power of suppliers 
• Exhibit 20: Bargaining power of suppliers – Impact of key factors in 2022 and 2027

• 4.4 Threat of new entrants 
• Exhibit 21: Threat of new entrants – Impact of key factors in 2022 and 2027

• 4.5 Threat of substitutes 
• Exhibit 22: Threat of substitutes – Impact of key factors in 2022 and 2027

• 4.6 Threat of rivalry 
• Exhibit 23: Threat of rivalry – Impact of key factors in 2022 and 2027

• 4.7 Market condition 
• Exhibit 24: Chart on Market condition - Five forces 2022 and 2027

5 Market Segmentation by End-user

• 5.1 Market segments 
• Exhibit 25: Chart on End-user - Market share 2022-2027 (%)
• Exhibit 26: Data Table on End-user - Market share 2022-2027 (%)

• 5.2 Comparison by End-user 
• Exhibit 27: Chart on Comparison by End-user
• Exhibit 28: Data Table on Comparison by End-user

• 5.3 Commercial - Market size and forecast 2022-2027 
• Exhibit 29: Chart on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 30: Data Table on Commercial - Market size and forecast 2022-2027 ($ million)
• Exhibit 31: Chart on Commercial - Year-over-year growth 2022-2027 (%)
• Exhibit 32: Data Table on Commercial - Year-over-year growth 2022-2027 (%)

• 5.4 Residential - Market size and forecast 2022-2027 
• Exhibit 33: Chart on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 34: Data Table on Residential - Market size and forecast 2022-2027 ($ million)
• Exhibit 35: Chart on Residential - Year-over-year growth 2022-2027 (%)
• Exhibit 36: Data Table on Residential - Year-over-year growth 2022-2027 (%)

• 5.5 Market opportunity by End-user 
• Exhibit 37: Market opportunity by End-user ($ million)

6 Market Segmentation by Application

• 6.1 Market segments 
• Exhibit 38: Chart on Application - Market share 2022-2027 (%)
• Exhibit 39: Data Table on Application - Market share 2022-2027 (%)

• 6.2 Comparison by Application 
• Exhibit 40: Chart on Comparison by Application
• Exhibit 41: Data Table on Comparison by Application

• 6.3 Newly decorated - Market size and forecast 2022-2027 
• Exhibit 42: Chart on Newly decorated - Market size and forecast 2022-2027 ($ million)
• Exhibit 43: Data Table on Newly decorated - Market size and forecast 2022-2027 ($ million)
• Exhibit 44: Chart on Newly decorated - Year-over-year growth 2022-2027 (%)
• Exhibit 45: Data Table on Newly decorated - Year-over-year growth 2022-2027 (%)

• 6.4 Repeated decorated - Market size and forecast 2022-2027 
• Exhibit 46: Chart on Repeated decorated - Market size and forecast 2022-2027 ($ million)
• Exhibit 47: Data Table on Repeated decorated - Market size and forecast 2022-2027 ($ million)
• Exhibit 48: Chart on Repeated decorated - Year-over-year growth 2022-2027 (%)
• Exhibit 49: Data Table on Repeated decorated - Year-over-year growth 2022-2027 (%)

• 6.5 Market opportunity by Application 
• Exhibit 50: Market opportunity by Application ($ million)

7 Customer Landscape

• 7.1 Customer landscape overview 
• Exhibit 51: Analysis of price sensitivity, lifecycle, customer purchase basket, adoption rates, and purchase criteria

8 Geographic Landscape

• 8.1 Geographic segmentation 
• Exhibit 52: Chart on Market share by geography 2022-2027 (%)
• Exhibit 53: Data Table on Market share by geography 2022-2027 (%)

• 8.2 Geographic comparison 
• Exhibit 54: Chart on Geographic comparison
• Exhibit 55: Data Table on Geographic comparison

• 8.3 APAC - Market size and forecast 2022-2027 
• Exhibit 56: Chart on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 57: Data Table on APAC - Market size and forecast 2022-2027 ($ million)
• Exhibit 58: Chart on APAC - Year-over-year growth 2022-2027 (%)
• Exhibit 59: Data Table on APAC - Year-over-year growth 2022-2027 (%)

• 8.4 North America - Market size and forecast 2022-2027 
• Exhibit 60: Chart on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 61: Data Table on North America - Market size and forecast 2022-2027 ($ million)
• Exhibit 62: Chart on North America - Year-over-year growth 2022-2027 (%)
• Exhibit 63: Data Table on North America - Year-over-year growth 2022-2027 (%)

• 8.5 Europe - Market size and forecast 2022-2027 
• Exhibit 64: Chart on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 65: Data Table on Europe - Market size and forecast 2022-2027 ($ million)
• Exhibit 66: Chart on Europe - Year-over-year growth 2022-2027 (%)
• Exhibit 67: Data Table on Europe - Year-over-year growth 2022-2027 (%)

• 8.6 South America - Market size and forecast 2022-2027 
• Exhibit 68: Chart on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 69: Data Table on South America - Market size and forecast 2022-2027 ($ million)
• Exhibit 70: Chart on South America - Year-over-year growth 2022-2027 (%)
• Exhibit 71: Data Table on South America - Year-over-year growth 2022-2027 (%)

• 8.7 Middle East and Africa - Market size and forecast 2022-2027
• Exhibit 72: Chart on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 73: Data Table on Middle East and Africa - Market size and forecast 2022-2027 ($ million)
• Exhibit 74: Chart on Middle East and Africa - Year-over-year growth 2022-2027 (%)
• Exhibit 75: Data Table on Middle East and Africa - Year-over-year growth 2022-2027 (%)

• 8.8 US - Market size and forecast 2022-2027 
• Exhibit 76: Chart on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 77: Data Table on US - Market size and forecast 2022-2027 ($ million)
• Exhibit 78: Chart on US - Year-over-year growth 2022-2027 (%)
• Exhibit 79: Data Table on US - Year-over-year growth 2022-2027 (%)

• 8.9 China - Market size and forecast 2022-2027 
• Exhibit 80: Chart on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 81: Data Table on China - Market size and forecast 2022-2027 ($ million)
• Exhibit 82: Chart on China - Year-over-year growth 2022-2027 (%)
• Exhibit 83: Data Table on China - Year-over-year growth 2022-2027 (%)

• 8.10 Germany - Market size and forecast 2022-2027 
• Exhibit 84: Chart on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 85: Data Table on Germany - Market size and forecast 2022-2027 ($ million)
• Exhibit 86: Chart on Germany - Year-over-year growth 2022-2027 (%)
• Exhibit 87: Data Table on Germany - Year-over-year growth 2022-2027 (%)

• 8.11 Japan - Market size and forecast 2022-2027 
• Exhibit 88: Chart on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 89: Data Table on Japan - Market size and forecast 2022-2027 ($ million)
• Exhibit 90: Chart on Japan - Year-over-year growth 2022-2027 (%)
• Exhibit 91: Data Table on Japan - Year-over-year growth 2022-2027 (%)

• 8.12 India - Market size and forecast 2022-2027 
• Exhibit 92: Chart on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 93: Data Table on India - Market size and forecast 2022-2027 ($ million)
• Exhibit 94: Chart on India - Year-over-year growth 2022-2027 (%)
• Exhibit 95: Data Table on India - Year-over-year growth 2022-2027 (%)

• 8.13 Canada - Market size and forecast 2022-2027 
• Exhibit 96: Chart on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 97: Data Table on Canada - Market size and forecast 2022-2027 ($ million)
• Exhibit 98: Chart on Canada - Year-over-year growth 2022-2027 (%)
• Exhibit 99: Data Table on Canada - Year-over-year growth 2022-2027 (%)

• 8.14 Market opportunity by geography 
• Exhibit 100: Market opportunity by geography ($ million)

9 Drivers, Challenges, and Trends

• 9.1 Market drivers

• 9.2 Market challenges

• 9.3 Impact of drivers and challenges 
• Exhibit 101: Impact of drivers and challenges in 2022 and 2027

• 9.4 Market trends

10 Vendor Landscape

• 10.1 Overview

• 10.2 Vendor landscape 
• Exhibit 102: Overview on Criticality of inputs and Factors of differentiation

• 10.3 Landscape disruption 
• Exhibit 103: Overview on factors of disruption

• 10.4 Industry risks 
• Exhibit 104: Impact of key risks on business

11 Vendor Analysis

• 11.1 Vendors covered 
• Exhibit 105: Vendors covered

• 11.2 Market positioning of vendors 
• Exhibit 106: Matrix on vendor position and classification

• 11.3 AECOM 
• Exhibit 107: AECOM - Overview
• Exhibit 108: AECOM - Business segments
• Exhibit 109: AECOM - Key news
• Exhibit 110: AECOM - Key offerings
• Exhibit 111: AECOM - Segment focus

• 11.4 Aedas Ltd. 
• Exhibit 112: Aedas Ltd. - Overview
• Exhibit 113: Aedas Ltd. - Product / Service
• Exhibit 114: Aedas Ltd. - Key offerings

• 11.5 Architectural Surfaces Inc. 
• Exhibit 115: Architectural Surfaces Inc. - Overview
• Exhibit 116: Architectural Surfaces Inc. - Product / Service
• Exhibit 117: Architectural Surfaces Inc. - Key offerings

• 11.6 DP Architects Pte Ltd. 
• Exhibit 118: DP Architects Pte Ltd. - Overview
• Exhibit 119: DP Architects Pte Ltd. - Product / Service
• Exhibit 120: DP Architects Pte Ltd. - Key offerings

• 11.7 Foster and Partners Group Ltd. 
• Exhibit 121: Foster and Partners Group Ltd. - Overview
• Exhibit 122: Foster and Partners Group Ltd. - Product / Service
• Exhibit 123: Foster and Partners Group Ltd. - Key offerings

• 11.8 Gensler. M. Arthur Gensler Jr. and Associates Inc. 
• Exhibit 124: Gensler. M. Arthur Gensler Jr. and Associates Inc. - Overview
• Exhibit 125: Gensler. M. Arthur Gensler Jr. and Associates Inc. - Product / Service
• Exhibit 126: Gensler. M. Arthur Gensler Jr. and Associates Inc. - Key offerings

• 11.9 HDR Inc. 
• Exhibit 127: HDR Inc. - Overview
• Exhibit 128: HDR Inc. - Product / Service
• Exhibit 129: HDR Inc. - Key offerings

• 11.10 HOK Group Inc. 
• Exhibit 130: HOK Group Inc. - Overview
• Exhibit 131: HOK Group Inc. - Product / Service
• Exhibit 132: HOK Group Inc. - Key offerings

• 11.11 IBI Group Inc. 
• Exhibit 133: IBI Group Inc. - Overview
• Exhibit 134: IBI Group Inc. - Product / Service
• Exhibit 135: IBI Group Inc. - Key offerings

• 11.12 Interior Architects Inc. 
• Exhibit 136: Interior Architects Inc. - Overview
• Exhibit 137: Interior Architects Inc. - Product / Service
• Exhibit 138: Interior Architects Inc. - Key offerings

• 11.13 Jacobs Engineering Group Inc 
• Exhibit 139: Jacobs Engineering Group Inc - Overview
• Exhibit 140: Jacobs Engineering Group Inc - Business segments
• Exhibit 141: Jacobs Engineering Group Inc - Key offerings
• Exhibit 142: Jacobs Engineering Group Inc - Segment focus

• 11.14 NIKKEN SEKKEI Ltd. 
• Exhibit 143: NIKKEN SEKKEI Ltd. - Overview
• Exhibit 144: NIKKEN SEKKEI Ltd. - Product / Service
• Exhibit 145: NIKKEN SEKKEI Ltd. - Key offerings

• 11.15 Perkins and Will International Group of Co. 
• Exhibit 146: Perkins and Will International Group of Co. - Overview
• Exhibit 147: Perkins and Will International Group of Co. - Product / Service
• Exhibit 148: Perkins and Will International Group of Co. - Key news
• Exhibit 149: Perkins and Will International Group of Co. - Key offerings

• 11.16 Samoo Architects and Engineers 
• Exhibit 150: Samoo Architects and Engineers - Overview
• Exhibit 151: Samoo Architects and Engineers - Product / Service
• Exhibit 152: Samoo Architects and Engineers - Key offerings

• 11.17 Stantec Inc. 
• Exhibit 153: Stantec Inc. - Overview
• Exhibit 154: Stantec Inc. - Business segments
• Exhibit 155: Stantec Inc. - Key offerings
• Exhibit 156: Stantec Inc. - Segment focus

12 Appendix

• 12.1 Scope of the report

• 12.2 Inclusions and exclusions checklist 
• Exhibit 157: Inclusions checklist
• Exhibit 158: Exclusions checklist

• 12.3 Currency conversion rates for US$ 
• Exhibit 159: Currency conversion rates for US$

• 12.4 Research methodology 
• Exhibit 160: Research methodology
• Exhibit 161: Validation techniques employed for market sizing
• Exhibit 162: Information sources

• 12.5 List of abbreviations 
• Exhibit 163: List of abbreviations

Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.

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