The Global Deck Software Market size is expected to reach $710.9 million by 2030, rising at a market growth of 12.7% CAGR during the forecast period.
A flourishing real estate sector often leads to increased home buying, selling, and renovation activities. Therefore, the Architects & Builders segment acquired $1,43,520.2 thousand in 2022. Homeowners, whether looking to enhance their properties for personal enjoyment or prepare homes for sale, drive the demand for deck construction and renovations, requiring efficient planning and design tools like deck software. Homeowners often invest in home improvements to increase property value. Decks are popular enhancements as they augment the functionality and aesthetics of a property, contributing to its appeal and potential value in the real estate sector. Some of the factors impacting the market are growing interest in outdoor living spaces, increasing digitalization of home improvement processes, and lack of education and awareness.
The surge in demand for well-designed outdoor living spaces directly translates to a higher demand for deck software. As more homeowners seek to create functional, visually appealing, and comfortable outdoor spaces, the need for efficient digital tools to plan and visualize these areas grows. As a result, more individuals and businesses are likely to adopt deck software to create and visualize their outdoor spaces, thus fostering the adoption of these digital tools across the industry. Additionally, as homeowners, contractors, architects, and designers increasingly embrace digital tools for home improvement, this broadens the user base for deck software. The digitalization trend sets a standard in the industry, making using technology and digital tools a common practice. Deck software has become an integral part of this standard, serving as a critical component in the digital transformation of the home improvement sector. As part of this digital ecosystem, deck software enables effective communication between homeowners, architects, contractors, and designers, ensuring clear and precise understanding of design concepts and project requirements. These factors will propel the demand in the segment.
However, homeowners, contractors, and designers may underestimate the advantages that deck software can offer in the planning, design, and execution of outdoor living spaces. They might not fully grasp how these tools can streamline processes, improve accuracy, and enhance the visualization of their projects. The absence of awareness regarding the benefits of deck software can lead to inefficient decision-making. Without deck software, professionals may face limitations in accurately visualizing designs and project outcomes. This could result in suboptimal project quality due to challenges in accurately conveying design concepts or visualizing the final product to clients. These aspects will restrain the growth of the market.
Based on deployment, the market is segmented into cloud and on-premise. The cloud segment held the largest revenue share in the market in 2022. Cloud-based solutions facilitate the seamless synchronization of project data, ensuring that users can access the most updated versions of their designs. This feature is particularly beneficial for collaboration among multiple stakeholders working on a project, allowing real-time contributions and feedback exchange. These factors will boost the demand in the segment.
Based on end-use, the market is divided into architects & builders, remodelers, interior designers, and others. In 2022, the remodelers segment witnessed a substantial revenue share in the market. The remodeling sector has witnessed a shift as homeowners increasingly opt for renovation projects to revamp and enhance existing outdoor spaces. This emphasis on renovation rather than new construction has fueled the demand for deck software tailored for remodelers. Remodelers often deal with existing deck structures that require modifications and enhancements. Deck software designed for remodelers provides tools that enable these professionals to visualize and plan changes, ensuring seamless integration with the current layout and structure. Therefore, these factors will pose lucrative growth prospects for the segment.
On the basis of application, the market is bifurcated into residential and commercial. The residential segment recorded the maximum revenue share in the market in 2022. Homeowners increasingly see outdoor living spaces, such as decks, as extensions of their homes, providing areas for relaxation, socializing, and entertainment. This shift in lifestyle preferences has increased demand for deck software to plan and design these areas effectively. Deck software has become more accessible to homeowners, offering user-friendly interfaces, intuitive design tools, and simplified functionalities. This accessibility allows homeowners with limited design experience to engage with the software to plan and envision their ideal decks. Therefore, these factors will boost the demand in the segment.
| Report Attribute | Details |
|---|---|
| Market size value in 2022 | USD 277.1 Million |
| Market size forecast in 2030 | USD 710.9 Million |
| Base Year | 2022 |
| Historical Period | 2019 to 2021 |
| Forecast Period | 2023 to 2030 |
| Revenue Growth Rate | CAGR of 12.7% from 2023 to 2030 |
| Number of Pages | 224 |
| Number of Table | 340 |
| Report coverage | Market Trends, Revenue Estimation and Forecast, Segmentation Analysis, Regional and Country Breakdown, Porter’s 5 Forces Analysis, Company Profiling, Companies Strategic Developments, SWOT Analysis, Winning Imperatives |
| Segments covered | Deployment, End-use, Application, Region |
| Country scope |
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| Companies Included | Autodesk, Inc., Dassault Systemes SE, Trimble, Inc., Cedreo, Chief Architect, Inc., Simpson Strong-Tie Company Inc. (Simpson Manufacturing Company, Inc.), SmartDraw Software, LLC, The AZEK Company Inc., Trex Company, Inc., UFP Retail Solutions, inc. (UFP Industries, Inc.) |
| Growth Drivers |
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| Restraints |
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By region, the market is segmented into North America, Europe, Asia Pacific, and LAMEA. The North America segment procured the highest revenue share in the market in 2022. The North American region has seen a significant surge in home improvement projects, with homeowners increasingly prioritizing outdoor living spaces. Decks, patios, and backyard areas have become key areas for enhancement, driven by the desire for functional and aesthetically appealing outdoor spaces. With a tech-savvy consumer base, there's been a noticeable preference for digital solutions that simplify and enhance the design and planning processes. Homeowners and professionals seek efficient, user-friendly, sophisticated deck software to create, visualize, and plan outdoor projects. These factors will boost the demand in the segment.
Free Valuable Insights: Global Deck Software Market size to reach USD 710.9 Million by 2030
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include Autodesk, Inc., Dassault Systemes SE, Trimble, Inc., Cedreo, Chief Architect, Inc., Simpson Strong-Tie Company Inc. (Simpson Manufacturing Company, Inc.), SmartDraw Software, LLC, The AZEK Company Inc., Trex Company, Inc., UFP Retail Solutions, inc. (UFP Industries, Inc.)
By Deployment
By End-use
By Application
By Geography
This Market size is expected to reach $710.9 million by 2030.
Growing interest in outdoor living spaces are driving the Market in coming years, however, Lack of education and awareness restraints the growth of the Market.
Autodesk, Inc., Dassault Systemes SE, Trimble, Inc., Cedreo, Chief Architect, Inc., Simpson Strong-Tie Company Inc. (Simpson Manufacturing Company, Inc.), SmartDraw Software, LLC, The AZEK Company Inc., Trex Company, Inc., UFP Retail Solutions, inc. (UFP Industries, Inc.)
The expected CAGR of this Market is 12.7% from 2023 to 2030.
The Architects & Builders segment is leading the Market by End-use in 2022; thereby, achieving a market value of $314.0 million by 2030.
The North America region dominated the Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $253.2 million by 2030.
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