Market Overview:
The global home furnishing software market is expected to grow at a CAGR of 10.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for home furnishing software from large enterprises and SMEs across different regions. Additionally, the growing trend of online retail is also contributing to the growth of this market. On the basis of type, the global home furnishing software market can be segmented into cloud-based and web-based. The cloud-based segment is expected to grow at a higher CAGR than the web-based segment during the forecast period from 2018 to 2030.
Product Definition:
Home furnishing software is a type of computer software that is used to help people design and plan the inside of their home. This type of software can be used to create digital renderings or drawings of the inside of a home, as well as plan out furniture placement, color schemes, and more. Home furnishing software can be very helpful in helping people visualize how they want their home to look before they even start construction or renovation work.
Cloud Based:
Cloud-based software is a suite of programs and applications that are stored on the internet. The data is stored remotely using digital storage technology such as cloud. It helps in storing large amounts of data with less physical space requirement. Cloud based software has been replacing traditional methods for many years now and it's usage has been increasing exponentially every year, mainly due to its cost effectiveness feature which reduces the need for buying additional storage devices or servers etc.
Web Based:
The global web-based and it's usage in home furnishing software market size was valued at USD 0.9 billion in 2015. The industry is expected to witness significant growth over the forecast period owing to increasing demand for online shopping of home furnishings products such as furniture, bedding, lighting, and decorative accessories among others through mobile phones and computers.
Application Insights:
The large enterprises segment accounted for the largest share of over 70% in 2017. The growth is attributed to the fact that majority of companies prefer web-based software as it is easy to install and use. Moreover, with the help from internet, home furnishing has become easier than ever before. There are various online stores offering home furnishing products which have added up pressure on small businesses to adopt online shopping technique for purchasing home furnishing products which will result in high adoption of software among SMEs.
The growing trend of working remotely or flexibly has increased demand for flexible office space solutions including conference room furniture, seating etc., This has resulted in increased adoption of remote monitoring and management solutions by corporate houses opting for a virtual office setup at present time owing to technological advancements coupled with economical costs associated with it compared to physical offices across regions globally.
Regional Analysis:
North America dominated the global market in 2017. The growth can be attributed to the presence of a large number of industry players, high internet penetration, and increasing demand for technologically advanced home furnishing software solutions. Moreover, these companies are continuously developing new products to provide better customer experience. For instance, in January 2018; HomeProSoftware Inc., a provider of smart home automation software and services based in U.S.
Asia Pacific is expected to witness significant growth over the forecast period owing to rising disposable income among middle-class population groups especially in countries such as China and India which has resulted into increased adoption of household appliances including kitchen & diningware such as microwave ovens/tvs/stoves etc.
Growth Factors:
- Increasing demand for smart and customized home furnishing solutions.
- Proliferation of internet of things (IoT) and big data analytics in home furnishing industry.
- Growing popularity of 3D printing technology for customized home furnishing products.
- Emergence of new business models such as rental, subscription, and shared economy in the home furnishing marketplaces 5 Increased focus on energy efficiency and sustainable living by homeowners
Scope Of The Report
Report Attributes
Report Details
Report Title
Home Furnishing Software Market Research Report
By Type
Cloud Based, Web Based
By Application
Large Enterprises, SMEs
By Companies
PERQ, STORIS, RETAILvantage, Dealer Choice Systems, e-manage, F.R.O.G., Furniture Wizard, FusionRetail, PointCentric
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
221
Number of Tables & Figures
155
Customization Available
Yes, the report can be customized as per your need.
Global Home Furnishing Software Market Report Segments:
The global Home Furnishing Software market is segmented on the basis of:
Types
Cloud Based, Web Based
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Large Enterprises, SMEs
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- PERQ
- STORIS
- RETAILvantage
- Dealer Choice Systems
- e-manage
- F.R.O.G.
- Furniture Wizard
- FusionRetail
- PointCentric
Highlights of The Home Furnishing Software Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Cloud Based
- Web Based
- By Application:
- Large Enterprises
- SMEs
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Home Furnishing Software Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Home furnishing software is a type of computer software that helps people to manage their home decorating. It may include features such as shopping for furniture, arranging furniture, and creating floor plans.
Some of the major companies in the home furnishing software market are PERQ, STORIS, RETAILvantage, Dealer Choice Systems, e-manage, F.R.O.G., Furniture Wizard, FusionRetail, PointCentric.
The home furnishing software market is expected to register a CAGR of 10.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Home Furnishing Software Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Home Furnishing Software Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Home Furnishing Software Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Home Furnishing Software Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Home Furnishing Software Market Size & Forecast, 2018-2028
4.5.1 Home Furnishing Software Market Size and Y-o-Y Growth
4.5.2 Home Furnishing Software Market Absolute $ Opportunity
Chapter 5 Global Home Furnishing Software Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Home Furnishing Software Market Size Forecast by Type
5.2.1 Cloud Based
5.2.2 Web Based
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Home Furnishing Software Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Home Furnishing Software Market Size Forecast by Applications
6.2.1 Large Enterprises
6.2.2 SMEs
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Home Furnishing Software Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Home Furnishing Software Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Home Furnishing Software Analysis and Forecast
9.1 Introduction
9.2 North America Home Furnishing Software Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Home Furnishing Software Market Size Forecast by Type
9.6.1 Cloud Based
9.6.2 Web Based
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Home Furnishing Software Market Size Forecast by Applications
9.10.1 Large Enterprises
9.10.2 SMEs
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Home Furnishing Software Analysis and Forecast
10.1 Introduction
10.2 Europe Home Furnishing Software Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Home Furnishing Software Market Size Forecast by Type
10.6.1 Cloud Based
10.6.2 Web Based
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Home Furnishing Software Market Size Forecast by Applications
10.10.1 Large Enterprises
10.10.2 SMEs
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Home Furnishing Software Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Home Furnishing Software Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Home Furnishing Software Market Size Forecast by Type
11.6.1 Cloud Based
11.6.2 Web Based
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Home Furnishing Software Market Size Forecast by Applications
11.10.1 Large Enterprises
11.10.2 SMEs
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Home Furnishing Software Analysis and Forecast
12.1 Introduction
12.2 Latin America Home Furnishing Software Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Home Furnishing Software Market Size Forecast by Type
12.6.1 Cloud Based
12.6.2 Web Based
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Home Furnishing Software Market Size Forecast by Applications
12.10.1 Large Enterprises
12.10.2 SMEs
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Home Furnishing Software Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Home Furnishing Software Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Home Furnishing Software Market Size Forecast by Type
13.6.1 Cloud Based
13.6.2 Web Based
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Home Furnishing Software Market Size Forecast by Applications
13.10.1 Large Enterprises
13.10.2 SMEs
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Home Furnishing Software Market: Competitive Dashboard
14.2 Global Home Furnishing Software Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 PERQ
14.3.2 STORIS
14.3.3 RETAILvantage
14.3.4 Dealer Choice Systems
14.3.5 e-manage
14.3.6 F.R.O.G.
14.3.7 Furniture Wizard
14.3.8 FusionRetail
14.3.9 PointCentric
