What are the recent trends in market size and growth for the interior design services market?
The interior design services market size has grown strongly in recent years. It will grow from $82.09 billion in 2024 to $88.26 billion in 2025 at a compound annual growth rate (CAGR) of 7.5%. The growth in the historic period can be attributed to increased home sales, evolving lifestyles, increasing consumer awareness, fluctuations in the housing market, and increased spending on interior design services.
The interior design services market size is expected to see strong growth in the next few years. It will grow to $123.84 billion in 2029 at a compound annual growth rate (CAGR) of 8.8%. The growth in the forecast period can be attributed to projected economic expansion, aging population, shift towards remote work, growing awareness of the impact of interior environments, and ongoing digital transformation. Major trends in the forecast period include a growing preference for virtual interior design, integration of technology tools, increased focus on creating interior spaces, increasing interest in outdoor living spaces, and smart home technology integration.
Get Your Free Sample of The Global Interior Design Services Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=15401&type=smp
What have been the primary factors driving the interior design services market’s growth?
The growing construction industry is expected to propel the growth of the interior design services market going forward. The construction industry encompasses all activities involved in planning, designing, constructing, and maintaining structures, infrastructure, and buildings. The construction industry is rising due to increasing urbanization, infrastructure demands, and investment in real estate and public works projects. Interior design services are increasingly utilized in construction to create aesthetically pleasing and functional indoor spaces that align with clients’ preferences and needs. For instance, in August 2024, according to the Office for National Statistics, a UK-based independent producer of official statistics, total construction new orders rose by 16.5% £1,771 million ($2,224 million) in Quarter 2 of 2024 compared to Quarter 1 of 2024. This quarterly growth was primarily driven by private commercial new work and infrastructure new work, which increased by 15.1% £503 million ($637 million) and 23.4% £389 million ($490 million). Therefore, an increase in demand for the construction industry is driving the growth of the cobblestone market. Therefore, the growing construction industry is driving the growth of the interior design services market.
What are the key segments within the interior design services market?
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
Order your report now for swift delivery
https://www.thebusinessresearchcompany.com/report/interior-design-services-global-market-report
Which key players are shaping 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.
How will emerging trends drive the interior design services market throughout the forecast period?
Major companies operating in the interior design services market are focusing on developing innovative solutions, such as AI-based interior design platforms, to gain a competitive edge in the market. An AI-based interior design platform is a digital tool or software that utilizes artificial intelligence (AI) algorithms and technologies to assist users in designing interior spaces. For instance, in March 2024, Icon Technology Inc., a US-based company offering 3D-printed housing services and developing robotic and AI systems, launched Vitruvius, an artificial intelligence system designed to aid home design and construction. This AI system allows users to input their needs and preferences to produce floor plans, interior and exterior visualizations, and even essential construction documents. Vitruvius aims to simplify the creation of personalized floor plans and construction blueprints to generate complete construction schedules and budgets. The system combines design and construction expertise to create designs that are not only visually appealing but also practical for building purposes.
How do regional factors impact the interior design services market, and which region is the largest contributor?
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.
What Does The Interior Design Services Market Report 2025 Offer?
The interior design services market research report from The Business Research Company offers global market size, growth rate, regional shares, competitor analysis, detailed segments, trends, and opportunities.
Interior design services refer to professional services provided by trained and experienced individuals or firms to plan, design, and execute interior spaces according to the functional needs and aesthetic preferences of clients. These services encompass a range of activities aimed at creating visually appealing, functional, and harmonious interior environments that enhance the quality of life or support the objectives of businesses.
Purchase the exclusive report now to unlock valuable market insights:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=15401
About The Business Research Company
With over 15000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.
Our flagship product, the Global Market Model, is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
Contact Us:
The Business Research Company
Europe: +44 207 1930 708
Asia: +91 88972 63534
Americas: +1 315 623 0293
Email: [email protected]
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
Twitter: https://twitter.com/tbrc_info
Facebook: https://www.facebook.com/TheBusinessResearchCompany
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Blog: https://blog.tbrc.info/
Healthcare Blog: https://healthcareresearchreports.com/
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model